McEwen Mining Inc (MUX)

[JD400]

What would you do if you owned 5_million_shares of $MUX ?

Who controls all miners stock price.

If your wondering whos the ones pressing the buy/sell button in unison totally controlling all the miners SP everyday.

Not just the miners but most worthy stocks
Not just the stocks but the banks.
Not just the banks but the governments around the world

All owned and controlled by the Black Bunch getting ready to face a US recession IMO


With $10 Trillion in Assets, BlackRock Has Set a New Benchmark for Corporate Power

By
Adrienne Buller

Megafirms like BlackRock now play a huge role in shaping investment decisions, yet they’ve attracted remarkably little scrutiny. Despite claims that “passive investing” empowers small investors, the trend is driving a dangerous concentration of economic power.

A monitor with BlackRock signage on the floor of the New York Stock Exchange in New York, New York, on Tuesday, March 15, 2022. (Michael Nagle / Bloomberg via Getty Images)

At the end of last year, asset management firm BlackRock broke a new record: it surpassed $10 trillion in the assets it manages. To put that sum in context, it’s larger than the pre-pandemic GDP of Germany and Japan combined.

Yet BlackRock isn’t the only behemoth asset manager in operation today. They’re followed closely by Vanguard, with just over $7 trillion in assets, and a small cohort of peers including Fidelity and State Street in the $4 trillion range. BlackRock and Vanguard alone control enough assets to buy every company listed in the London Stock Exchange at least three times over.

Indeed, the combined $20 trillion in assets of the two firms represents a full fifth of the assets of an entire $100 trillion global industry spanning thousands of firms. This is a profound degree of concentration in a vast and powerful industry. It’s also a recent phenomenon, whose implications for political and economic power and the operating logics of contemporary capitalism we’ve barely begun to recognize, let alone address.

continues here

https://jacobinmag.com/2022/03/index-funds-blackrock-vanguard-stocks-ownership-democracy-concentration