The Weekly TreeceCo Report
By Tony Treece
I have written much about how banks are overextended in the derivatives market and how there is no way to walk their holdings back their holdings back. A derivative is a financial contract which derives its value from the performance of another entity such as an asset, index, or interest rate, called the underlying."
Warren Buffet once called derivatives"financial weapons of mass destruction."Nobody knows precisely how large the derivatives market is, but estimates range from $600 trillion to $1.5 quadrillion. Now for perspective, keep in mind that the global GDP is about $85 trillion. One misstep and the world economy could plunge into economic collapse.
Like Edward Snowden there are other people out there who know information and could be the next whistleblowers. Recently there has been a twisted story of bankers suddenly committing suicide as if it were the 1929 Great Depression all over.
Since January there have been seven bankers to suspiciouslycommit suicide and a Wall Street Journal reporter has disappeared. And it has been asked if this is an indicator of what is coming. We could all see our way of life altered and confiscation of our assets if we have not prepared.
I do not believe things in this case are as they appear. These men knew of sinister criminal activity and they were eliminated. When big banks collude with big governments the result is lies and destruction.
Please, begin today to protect yourself from geopolitical uncertainty in the financial markets. There are three simple steps you can begin today to insure that you have guaranteed income for the rest of your life. When the stock market goes down, it will be too late.
January 11, 2014
MISSING: David Bird, 55, long-time reporter for the Wall Street Journal working at the Dow Jones newsroom, went for a walk on Saturday, January 11, 2014, near his New Jersey home and disappeared without a trace. Mr. Bird was a reporter of the oil and commodity markets which happened to be under investigation by the U.S. Senate Permanent Subcommittee on Investigations for price manipulation.
January 26, 2014
DECEASED: Tim Dickenson, a U.K.-based communications director at Swiss Re AG, was reportedly found dead under undisclosed circumstances.
DECEASED: William Broeksmit, 58, former senior manager for Deutsche Bank, was found hanging in his home from an apparent suicide. It is important to note that Deutsche Bank is under investigation for reportedly hiding $12 billion in losses during the financial crisis and for potentially rigging the foreign exchange markets. The allegations are similar to the claims the institution settled in 2013 over involvement in rigging the Libor interest rates.
January 27, 2014
DECEASED: Karl Slym, 51, Managing Director of Tata Motors, was found dead on the fourth floor of the Shangri-La Hotel in Bangkok. Police said he "could" have committed suicide. He was staying on the 22nd floor with his wife, and was attending a board meeting in the Thai capital.
January 28, 2014
DECEASED: Gabriel Magee, 39, a JP Morgan employee, died after reportedly "falling" from the roof of its European headquarters in London in the Canary Wharf area. Magee was vice president at JPMorgan Chase & Co's (JPM) London headquarters.
January 29, 2014
DECEASED: Mike Dueker, 50, who had worked for Russell Investment for five years, was found dead close to the Tacoma Narrows Bridge in Washington State. Dueker was reported missing on January 29, 2014. Police stated that he "could have" jumped over a fence and fallen 15 meters to his death, and are treating the case as a suicide.
February 3, 2014
DECEASED: Ryan Henry Crane, 37, was the Executive Director in JPMorgan's Global Equities Group. Of particular relevance is that Craneoversaw all of the trade platforms and had close working ties with the now deceased Gabriel Magee of JPMorgan's London desk. The ties between Mr. Crane and Mr. Magee are undeniable and outright troublesome. The cause of death has not yet been determined, pending the results of a toxicology report.
February 6, 2014
DECEASED: Richard Talley, 57, was the founder and CEO of American Title, a company he founded in 2001. Talley and his company were under investigation by state insurance regulators at the time of his death. He was found in the garage of his Colorado home by a family member who called authorities. Talley reportedly died from seven or eight "self-inflicted" wounds from a nail gun fired into his torso and head.