Based Underground is now a conservative news aggregator AND curated newsletter.
(Natural News)—Every time the powers that be are at risk of losing big time on their bad bets in the market, the media, in this case Reuters, comes to the rescue by manipulating public sentiment to move stocks in the desired direction.
Take oil, for instance. The other day as Brent crude was about to shoot above $80 in what would have been a proper short squeeze, but Reuters published fake news about oil to change the momentum of oil prices downward.
Had the “free market” been allowed to do its thing, it would have forced short sellers and other momentum-chasers to close out their near-record short positions. Instead, they profited even more as the price of oil was manipulated downward.
“Reuters did what it has done so many times before, and published an oil market manipulating report, designed to crush the price of oil and reverse upward momentum to snuff out the risk of an accelerating short squeeze,” one alternative media outlet warns.
(Related: Are we witnessing the final depressing chapters of the late, great U.S. economy before it implodes like the Titanic submersible?)
Free market? Yeah, right
Citing “six sources who wish to remain anonymous,” Reuters claimed falsely that OPEC+ is planning to move forward with an oil production hike starting in October. This is supposedly due to “Libyan outages and pledged cuts by some members to compensate for overproduction (to) counter the impact of sluggish demand.”
What Reuters conveniently failed to report in its oil story is that Chinese demand for oil is actually increasing, which should be driving the price of oil up, not down.
“Predictably, oil tumbled instantly – a reaction that was naturally welcome by the deep state forces propping up the puppet presidential candidate known as Kamala Harris as it meant even lower gas prices,” the alternative media reported about how Reuters manipulated the oil market with a single carefully timed propaganda story.
While a lower gas price is good for Americans, it is obvious that the powers that be are trying to make the economy look “good” in the hopes that fewer people will vote out the current regime and replace it with another Donald Trump term.
You can be sure that if their plan succeeds, those currently in charge of the U.S. economy will change their tune after the election, assuming Kamala “wins.” As fast as they came down, gas prices will more than likely spike the moment the establishment secures at least another four years for itself.
- Concerned about your life’s savings as the multiple challenges decimate retirement accounts? You’re not alone. Find out how Genesis Precious Metals can help you secure your wealth with a proper self-directed IRA backed by physical precious metals.
What Reuters falsely reported was debunked by OPEC+ just days after the fake article was published, but the damage was already done. The corrupt short sellers were saved once again with lies, and Americans, as usual, are left holding the bag.
Truth be told, Americans should be paying a lot less for gas than they are now. What happened to a buck and change for a gallon? It turns out that producing oil at levels that would drive it back down to that price is not in the cards as Saudi Arabia and other major oil suppliers are planning to produce less oil in order to keep prices higher than they otherwise would be.
What the world needs to know is that Reuters is a fake news pipeline whose writers get paid to manipulate the markets. Many Reuters articles aim to spark volatility in the commodity world so wealthy traders can rake in the dough through manipulation and lies – so much for that “free market” politicians love to talk about.
They can rig it all they want, but one day the scam will end and it’ll be time to pay the piper. Learn more at Collapse.news.
Sources for this article include:
Diddy Charges and Arrest Beg the Question: What Other Elite Hollywood Celebs Knew About ‘Freak Offs?’
by Outkick
Puff Daddy is finally facing the mother of all karma for his alleged sick and twisted behavior spanning a decade or more. At yesterday’s press conference, reporters asked the attorney why it took so long to get these charges and that’s a great question. Fs Sot 3 (5) Here’s another…
Is This Kamala’s Biggest Lie About Her Family Yet?
by Natural News
U.S. Vice President Kamala Harris has falsely claimed that her grandfather was a freedom fighter in the Indian independence movement. The Democratic presidential nominee shared on Sept. 8 a picture of herself in India with her maternal grandfather P.V. Gopalan. She described him as a “retired civil servant who had…
What Did John Brennan Know?
by Frontpage Mag
In the wake of the second attempt on his life, Donald Trump flagged the “highly inflammatory language” Democrats have deployed against him, such as the charges of Joe Biden and Kamala Harris that the former president is a threat to democracy and so forth. When it comes to inflammatory language…
Are the White House and Pentagon Controlled by a Shadowy Few?
by Zero Hedge
As we approach the 2024 election, many Americans are disillusioned by the notion that their votes truly matter. Why? Because there’s a growing belief that a hidden force – often referred to as the Deep or Administrative State – wields disproportionate power behind the scenes. Despite our democratic process, can…
Special:
Stock up on long-term storage steak with 25-year shelf-life and take advantage of 35% off with promo code “freedom35” – this week only. Visit Prepper All-Naturals and secure your family’s future with freeze dried Ribeye, NY Strip, Tenderloin, and more.
Do We Have Another Instance Where the Secret Service Can’t Get Its Story Right?
by Townhall
Former President Donald Trump was nearly assassinated on September 15 while golfing in West Palm Beach. The former president’s trip to Trump International Golf Club was not planned, but would-be assassin Ryan Wesley Routh was waiting on the course, hiding in a shrubbery for 12 hours with a rifle and…
City Demands Pastor Take Down ‘Jesus’ Sign in Front of Church, Gets Epic Response From Him During Sermon
by Western Journal
Freedom-loving Americans cannot help but bemoan the mounting authoritarianism of both federal and state officials. As we discovered during the COVID era, however, sometimes Satan infects even our neighbors with the spirit of petty tyranny. In a clip posted Tuesday to the social media platform X, Pastor Mark Driscoll of…
Leftists Deserve the J6 Treatment
by J.B. Shurk
Remember: illegally appointed special counsel Jack Smith is prosecuting President Trump in D.C. for exercising his constitutional right to free speech after the 2020 election. Smith’s case essentially claims that Trump was not entitled to question the legitimacy of the mail-in ballot–tainted election and that his refusal to concede to Joe Biden…
Professor Teaches Students About Evil by Having Them Read Writings of Hitler’s Chief Propagandist
by Red State
A professor at the University of Austin ingeniously teaches students about “good and evil” by having them read the writings of some of the 20th century’s most evil people, including Adolf Hitler’s chief propagandist, Joseph Goebbels. Spoiler: I think it’s absolutely brilliant. Professor Marietta, who says Goebbels used “emotional appeal”…
Bombshell Lab Findings: Covid Jab Spike Proteins Likely Accelerate Cancer, Neurological Disorders, Dementia, Crohn’s, Lyme and More
by S.D. Wells, Natural News
(Natural News)—Back in February, U.S. Republican Senator Ron Johnson from Wisconsin held a roundtable discussion titled ‘Federal Health Agencies and the COVID Cartel: What Are They Hiding?’. In attendance at that forum was an internal medicine specialist and medical doctor named Sabine Hazan, who conducts and supervises clinical trials for cutting-edge…
Fan in MAGA Hat Denied Entry at Arizona Cardinals’ Home Stadium Unless She Threw It Away, Prompting Apology From Team
by The Blaze
The Arizona Cardinals organization has issued an apology after a fan was initially denied entry to the team’s home opener because she was wearing a Make America Great Again hat in support of the presidential candidacy of former President Donald Trump. On Sunday, thousands of football fans flocked to State…
New Report: State Department Funded Fact-Checkers to Censor ‘Lawful Speech’
by Michael Nevradakis Ph.D., The Defender
(The Defender)—The U.S. Department of State-funded domestic and international fact-checking entities that censored American independent media outlets and social media users who questioned the Biden administration’s COVID-19 and other policies, according to a congressional report. The report by the U.S. House of Representatives Committee on Small Business stated: “The Federal…
Springfield City Manager Admitted in March He’d ‘Heard’ About Haitian Migrants Eating ‘Domesticated Animals’
by The Post Millennial
A video from the Springfield City Commission meeting in March has resurfaced on Twitter, showing the Springfield, Ohio, City Manager Bryan Heck admitting that he had heard stories about Haitian immigrants to the town consuming “domesticated animals.” A resident of Springfield spoke to at the meeting and the City Manager,…
Did the Government Shield Diddy Like Epstein?
by Daily Wire
Some of the most revealing moments from the sordid saga of Jeffrey Epstein came when government officials were asked direct questions, then ducked them without any real explanation. Case in point: Five years ago, the Labor Secretary at the time, Alex Acosta, was speaking to reporters about his handling of…
Saudi Arabia Won’t Recognize Israel Without Palestinian State, Says Crown Prince
by End Times Headlines
Saudi Crown Prince Mohammed bin Salman on Wednesday said the kingdom would not recognize Israel without a Palestinian state and strongly condemned the “crimes of the Israeli occupation” against the Palestinian people. “The kingdom will not stop its tireless work towards the establishment of an independent Palestinian state with East…
Retired Border Patrol Chief Accuses Joe Biden, Kamala Harris of Attempting to Hide Mass Release of Migrants Into U.S.
by Breitbart
Retired Border Patrol Chief Aaron Heitke, who left his position at the Department of Homeland Security (DHS) in early 2023, says President Joe Biden and Vice President Kamala Harris’s administration has worked to hide the mass release of migrants into American communities. During a House Homeland Security Committee hearing on…
Less Than 50 Days Until Life in America Changes Forever, and Our Nation Is Primed for Massive Civil Unrest
by Michael Snyder
(The Economic Collapse Blog)—Years of extremely inflammatory rhetoric from the mainstream media and from many of our leaders have brought us to the brink of a societal nightmare. The numbers that I am about to share with you are horrifying, but it is so important for us to understand what…