For those of you unfamiliar with the PPT, it stands for the Plunge Protection Team.
It’s an organization created under the Reagan administration (after the crash in 1987) that allegedly/covertly steps in to support the markets from crashing. You can read about it (HERE).
And for the last 31 years it’s been one of the financial world’s best kept secrets.
If you remember the crash of ’87 it was blamed on “computer failure.”
At least that’s how the boyz in the “Club” sold it to the public through their bought-and-paid-for media presstitutes.
(It was a pack of lies and we explained it HERE).
Nevertheless, the PPT has continued their rescue efforts (especially for the last decade in The Most Hated Bull Market in History).
You likely haven’t noticed it because over the last ten years the market’s been flooded with Trillions of digital dollars courtesy of the Federal Reserve scams programs QE1, QE2, Operation Twist, and QE3.
These programs have given the Feds the greatest cover in history for the largest transfer of wealth in history. (We explained that HERE).
So, here we are, Trillions of new dollars later (with nothing backing these digital dollars) wondering if the Feds will dial-up the PPT for the next market crash.
If you believe the financial presstitutes forecasts, about the markets readying to crash any day, then you should pray for the PPT gods to rescue us again.
Here’s the catch.
They won’t rescue you.
They only act on their own behalf…not yours.
And they’ll step in after most of you have exceeded your threshold of pain and bailed out.
When will that be?
Read our November newsletter to find out.
And share this with a friend. They’ll thank you later.