SHOCKING Revelation: Do You Really Own Your Stocks and Paper Assets?
- By : JanssenReportHost
- Category : Markets, Society
- Tags: #51
Today on The Janssen Report (#51): does one private company covertly own most, if not all, of the stocks in the world?
Recently I came across an interview by SGTreport.com with Bix Weir of RoadToRoota.com about the secretive DTCC, Depository Trust and Clearing Corporation, based primarily at 55 Water Street in New York City.
The implications of what I heard here are massive (if true).
In this interview some very interesting and revealing information is shared and I believe it’s important enough to share with you, even though I haven’t been able to run a full background check on all of this. I did however receive confirmation from a trusted source on Wall Street that the operation of the DTCC is real.
Can it be true that buying a stock isn’t real? According to Bix Weir your brokerage firm doesn’t even purchase anything on your behalf; the ‘transaction’ apparently just goes into their pool of IOU’s to be netted out at some future date that never actually comes.
If you own stocks or any other paper assets, you might want to do some research yourself.
Sources:
- The SGTReport interview with Bix Weir: https://www.youtube.com/watch?v=-zzSAoD2mzU
- Background info on the DTCC: http://www.roadtoroota.com/public/1035.cfm
- Website of the DTCC (not a lot of exciting stuff there): www.dtcc.com
Cheers,
Marco Janssen