In this report, I cover the early market action from London on Monday, October 28th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.
Today I will look at the Bank for International Settlements or the BIS which is located in Basel, Switzerland but is not under Swiss jurisdiction. The BIS was created by international treaty back in 1930 by the Bank of England and the German Reichsbank.
I will be recommending a great book entitled The Tower of Basel by Adam Lebor in which he documents how the BIS actually helped the Axis and Allied countries during World War Two do continue doing business despite the fact they were fighting a supposedly existential war.
Nowadays the BIS is seen as an international regulator through the FSB but I think it's a much more sinister institution as it basically acts as the Globalists' Central Bank. My conclusion for the day is that the general public needs to know more about this bank and put an end to this bank just like we need to put an end to Central Banking.
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