Tuesday, August 11, 2015

HOT EXPLOSIVE Breaking News : ETFs on the Brink


Tuesday   August 11, 2015
ETFs on the Brink
by Tom Heneghan, International Intelligence Expert


UNITED States of America  -  It can now be reported that trillions of dollars of undermargined ETFs (exchange traded funds) linked to the Central Bank of China and the Central Bank of Japan are about to implode on each other and go hybrid.

U.S. banking giant JPMorgan, German Deutsche Bank, Barclays Bank of England, ABN AMRO of Holland, along with the U.S. Federal Reserve itself, face major exposure and contagion which began last night with the Peoples Republic of China devaluing their currency, the yuan, by 2%.

Definition:  An ETF is traded on major worldwide exchanges, including the Chicago Mercantile Exchange Group (CME Group), based on 5% margin and 100% leverage.

As of this hour, these ETFs are still on the books of the CME Group with zero percent margin and zero percent leverage.

P.S.  We can now divulge that China is prepared to devalue its currency by as much as 18% as to improve their exports and take the Japanese yen from 124 back to 111.

In closing, this is more than a currency war.  This is "Financial Armageddon" that will lead to the collapse of worldwide financial markets.

We can also mention that the  privately owned  U.S. Federal Reserve is now in a box they can not escape from; the Fed was actually planning to raise U.S. interest rates as to "Bail-Out" and create more liquidity for these aforementioned bank ETFs.

Stay tuned.

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