Meet the Fed’s Global Plunge Protection Team

https://wallstreetonparade.com/2020/05/meet-the-feds-global-plunge-protection-team/

Former 'Plunge Protection Team' Member Warns "Blockchain Is Freaking Governments Out"

http://www.zerohedge.com/news/2017-07-22/pippa-malmgren-talks-bitcoin-refugee-crisis-and-plunge-protection-team

New York Fed Buys Building Housing Plunge Protection Team

An oldie but goodie on the Plunge Protection Team.

http://www.zerohedge.com/news/new-york-fed-buys-building-housing-plunge-protection-team

Former Presidential Adviser & Plunge Protection Team Member On Gold Repatriation

http://kingworldnews.com/former-presidential-adviser-plunge-protection-team-member-gold-repatriation/

Former White House Official Discusses Gold Manipulation

This is absolutely nuts.  A former White House official and former member of the U.S. President’s Working Group on Financial Markets (aka "Plunge Protection Team") <click here> exposes the government and Fed manipulation in financial markets, specifically gold.

Of course, the average person won't understand this--or even worse--understands it, but won't care or won't take action.  I do--and so should you.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/7_Former_White_House_Official_Discusses_Gold_Manipulation.html

Does the Plunge Protection Team exist?

Two opposing views: one from the fringe (managed money) and the other from the establishment (media--managing perceptions, and investment banks--selling said perceptions). You decide the agendas.



Michelle Caruso, CNBC anchor: "David, we gotta cut you off..." Translation: "you're speaking the ugly truth and we can't have that on financial TV. We need cheerleaders, not chicken littles."

The Plunge Protection Team at work again

I've blogged about the President's Working Group on Financial Marks a few times in the past. It was created by President Reagan with Executive Order 12631 as a means to short-circuit a financial market meltdown, in response to the 1987 stock market crash.

The President's Working Group was dubbed the Plunge Protection Team (PPT) by Washington Post writer Brett Fromson in this 1997 article.

This recent article concludes the PPT has been working overtime to prop up the equities market since March of 2009.

http://finance.yahoo.com/news/What-or-Who-is-Driving-up-etfguide-1348236303.html?x=0&.v=1

The significance isn't that the PPT exists--it's decreed in the Executive Order, after all. The fact that it's an article that has surfaced on Yahoo Finance means the PPT is no longer a figment of the imagination of conspiracy theorists, but is now being exposed to mainstream financial pundits. I will leave it up to readers to form their own judgments on the implications on financial market rallies and the overall economy. Even the phrase "jobless economic recovery" is an oxymoron.