Replies to post #29551 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[cuggegrosse]

In the meantime a 1/10 R/S is on

[tw0122]

Powell part of the BlackRock crook club…

Fed Scandal Bigger Than Watergate?
Jay Powell traded during restricted blackout period; failed to disclose most trade dates; apparently lied about muni conflict; directed massive Wall St bailouts despite conflicts.’Powell had a huge investment in BlackRock..

The current Fed Chairman, Jerome Powell, had upwards of $25 million of his personal wealth being managed by  BlackRock while handing the firm three no-bid contracts in 2020 to buy up corporate bonds and Exchange Traded Funds (ETFs) for the Fed, including BlackRock’s own ETFs. Oh yes, and the corporate bond bailout program was using American taxpayers’ money as a backstop for losses

BlackRock Inc. is used to breaking records. The world’s largest asset manager was the first firm to break through $10 trillion of assets under management. But the bigger they are the harder they fall. And last year BlackRock chalked up another record: the largest amount of money lost by a single firm over a six-month period. In the first half of this year, it lost $1.7 trillion of clients’ money.