Was the Attack on USA an Attack on our Wealth by Controllers


How to Take Advantage of the Controllers…

Are our finances being manipulated by a group of controllers who rig markets through terrorism to line their wallets at our expense? Thinking about this question, "Who stands to profit most from being dragged into a prolonged war? The answer led to some interesting research. You will not like what this research found.

But, with an open mind, we can profit from it.

First, some background:

In my most recently released book, the 65th Octave, the hero and heroine, Robin MacAllen and Talking Panther, stumble across a group of Controllers who are trying to gain control of the world's economy. These Controllers have accumulated huge amounts of shares and plan to dump them to create terror in the marketplace. With their extensive cash hoards they'll can buy up the market later for pennies on the dollar.

This book was written and released well before the attack on freedom and I was worried the premise would sound far fetched. Now the plot does not seem dramatic enough!

Though the 65th Octave was written as fiction, current events seem all too similar and regrettably all too real.

For example my recent twenty page report entitled "Mid October Crashes" (email urgentreports@garyascott.com shows how there was near panic in the global financial system when the debt payment system of Russia, Latin America and Asia collapsed in October 1998. This brought about the destruction of a U.S. managed hedge mutual fund, Long Term Capital Management, which had borrowed billions from banks all over the world. All these bad debts created a huge liquidity crisis. In the first weeks of October; bankers, finance ministers and financiers from all over the world came to Washington, by the thousands where the World Bank and IMF explained the global dire straits. The problem was so serious that the head of Merrill Lynch explained it, "On Saturday morning, October 3rd I was optimistic. By that night I just wanted to crawl under the bed to hide."

The Fed, major banks and Wall Street bailed out LTCM, but financial conditions remained far weaker in the US than anyone realized. The question was, "Who profited from this?" Research found that the ruins of Long Term Capital Management were purchased (for pennies on the dollar ) by a Saudi Prince al-Walheed bin Talal bin Abdelaziz (we'll call him bin Talal in this report). Did he make a fortune from this 1998 disaster? Bin Talil holds about $20 billion worth of US equities already including about $10 billion worth of Citibank shares and the research found some even more disturbing facts.

This brought to mind words that a Shaman in Ecuador had recently shared. Merri and I were involved in creating a foundation to help poor Ecuadorians. Last year when events in that country turned dire, the Shaman explained that one reason was because agents from the Middle East had been there contacting local Arabs and encouraging them to create trouble. Further research revealed that Ecuador has a very powerful Arab community. In fact two of the country's recent Presidents (Abdallah Bucaram and Jamil Mahaud) are of Arab descent.

The world was caught in an oil shortage at that time. Ecuador is the second largest oil producing nation in South America and Middle Eastern interests were visiting Arabs descendants there to foment unrest and disrupt oil supplies, so oil prices would remain high!

This led to the next question "Are Middle East interests creating problems elsewhere to improve their financial means?"

For example it was reported early after the terrorist attack that the SEC was investigating excessive put orders on American and United Airlines shares (along with shares of the two major insurers of the World Trade Center) just before the September 11 attack.

Here is how a "put" works. For a small fee one enters into a contract to sell certain shares at a set price in the future. For example on September 10 shares in United Airlines were at about $30 a share. For a small fee, one could enter into a contract to sell shares at $30 a share in two weeks. Two weeks after the attack United Airline shares were in the $17 range down about 40%. Those who had "puts" could buy at $17 per share the United Airline shares they were selling at $30. They made a $13 per share profit on a very small investment.

Anyone who knew about the attack would know that United Airline shares would fall. This was not the only such case.

The September 22 issue of the Financial Times front page article, "Suspicions Grow of Insider Trading by Terror Groups" reported Ernst Weltke, President of Germany's Bundesbank as saying "there were signs of earlier unusual investments in German equities. It is extremely difficult to verify, but there has been noticeable market movements ahead of the attack."

But an article entitled "Up From the Ashes" in a special terrorist issue of Time Magazine September 24 page 80 page 80 showed an even more interesting fact. There have been at least four instances where a crisis either in the Middle East or with Middle Eastern involvement which temporarily drove US share prices down. In each instance, the crisis created an incredible opportunity because after each problem Wall Street always rebounded strongly within six months. Here is what the chart in this Time article showed:

    Date				Event                        		Market                 Market Up 	                                                                         Drop                  In Six Months    October 18, 1973		Arab Oil Embargo                              -17.9%                       + 7.2%    December 24 1990		Gulf War                                      - 4.0%                       +18.7%    February 26, 1993		World trade Center Bombing                    - 0.5%                       + 8.5%    October 2, 1998		LTCM Crash                                    -12.4%                       +25.0%

Has bin Talil profited from all these and does he stand to profit again? Read the feature article, first page of Companies and Markets section in the October 2 issue of Financial Times. The picture becomes a little more clear. The headline reads "Prince al Waleed (bin Talal) has invested $400m in US markets since terror attacks".

The article goes on to state that bin Talal is planning to invest a billion dollars in the market and that the Prince compared today's opportunities with those of the Gulf War.

Is this part of a conspiracy that has been building for centuries? I doubt it. My experience in working with thousands of investors is that it is very difficult for an intense focus to be passed down for more than three generations. This fact argues against some plot that has been passed from father to son or master to student over hundreds of years.

Are there controllers at all? I do believe that many people, firms and administrations in positions of power abuse them for their own benefit at our own expense. I learned this early on back in 1968 when first starting in the financial business right after school. Stationed in Hong Kong, my job was to sell US mutual funds in Asia. This was one of the worst times to have been selling Wall Street because the late 1960s were comparable to the late 1990s.

Yet this was also the time and place where the emerging market boom began so as Wall Street tanked, the Hong Kong market started to rise. Soon after Merrill Lynch started a mutual fund in partnership with one of the big trading firms there (Jardine Matheson). On one trip to San Francisco I asked a Merrill Lynch broker how this fund was doing. He became very belligerent and told me that his firm would never do something as stupid as to invest in Hong Kong. I learned he was not lying, it was that Merrill Lynch was not letting American investors know about this fund. Apparently it wanted US investors to stick with US shares despite the fact that Hong Kong was performing better.

Even today some of the major firms on Wall Street (such as Credit Suisse First Boston) are under investigation for having touted shares that were in the firm's interest not its clients.

We all know that businesses, politicians and people in positions of all types take advantage. These are controllers. How organized are the controllers? Is there a connection between bin Talal, Citibank and the Fed that has a darker side as far as the common man is concerned? Many think so, but honestly I don't know. Do Middle eastern oil interests collude with oil people in other oil groups in places like South America, Russia and the U.S.? This is hard to prove, and it is doubtful we could do much about it even if we really knew.

There are some steps we can take. I call it looking at the shadows. (Robin MacAllen learned this technique in the 65th Octave). I have outlined this in a short report which you can have free by emailing shadows@garyascott.com.

I look forward to serving you and wish you good global business and investing. My last course of the year is November 2, 3, 4 (Friday, Saturday, Sunday) in Orlando. We would love to see you there.

Gary A. Scott


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