The Bank that Runs the World.

in #dtube5 years ago


In this report, I cover the early market action from London on Thursday, February 14th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of crude oil.

Today I look at the Bank for International Settlements in Basel, Switzerland. The BIS was created by international treaty in 1930 and is actually a supranational institution answering to no government and basically very secretive and above the law of any nation.

The BIS raison d'etre was to help settle war reparations after World War one but somehow it has survived and is basically the power behind the Central banks of the world. It is the OPEC of money but not controlled by any government.

My conclusion is that the general public needs to be woken up and made aware of this nefarious institution and that even though it will be very difficult to close the BIS down we need first to be aware that it exists and what it really is.

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Interesting institution indeed! I wonder how they fly under radar with so much power. Just reminds us the importance of controlling our assets.

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