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.
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.
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