No Snow, No Problem: How Wall Street Profits from Weird Weather
INVEST in the Weather
Weather maps will frequently show “areas of interest” that do not “yet” reach the criteria for tropical cyclone designation. The National Hurricane Center defines INVEST areas on their website:
INVEST: A weather system for which a tropical cyclone forecast center (NHC, CPHC, or JTWC) is interested in collecting specialized data sets (e.g., microwave imagery) and/or running model guidance. Once a system has been designated as an invest, data collection and processing is initiated on a number of government and academic web sites, including the Naval Research Laboratory (NRL) and the University of Wisconsin Cooperative Institute for Meteorological Satellite Studies (UW-CIMSS). The designation of a system as an invest does not correspond to any particular likelihood of development of the system into a tropical cyclone; operational products such as the Tropical Weather Outlook or the JTWC/TCFA should be consulted for this purpose.
No Snow, No Problem: How Wall Street Profits from Weird Weather
Wall Street Prostitutes Mother Nature for Profit.
Mother nature has been turned into weather derivatives by financial firms where anything from unseasonably “good” to catastrophically “bad” weather could yield big profits for the banks.
Weather contracts frequently trade like stocks. Since the late 1990’s these wagers were based on rainfall and temperatures but since 2009 fledgling contracts on snowfall have become increasingly popular.
“While many of the financial firms that specialize in weather derivatives are specialized insurance companies, some are household names. An industry group the Weather Risk Management Association has 46 members including Morgan Stanley and Merrill Lynch, which is owned by Bank of America.” (Source)
Chicago Climate Exchange has been quietly supported by Big Oil through the Intercontinental Exchange (ICE) whose subsidiary was the International Petroleum Exchange,
(IPE) (now ICE Futures) a petroleum futures options market.
In May 2010 ICE purchased CCX and Climate Exchange, along with two of its other exchanges (Chicago Climate Futures and European Climate Exchange), for $603 million. CCX founder and CEO Richard Sandor had also served as an ICE board member since 2002, and chaired the Climate Exchange.
Then, community organizer, Barack Obama was serving on the Joyce Foundation Board of Directors from 1995 – 2002 It’s no coincidence that the Foundation has long targeted Gun Control with $millions in donations to anti-gun organizations.
But the Joyce Foundation is also linked to another story having to do with consolidation of power in carbon trading.
The 9/11 event was planned to fulfill many agendas uncovered by private researchers but not reported or acknowledged in the corporate media.
Obama was involved in the formation of the Chicago Climate Exchange (CCX), destined to compete with Cantor Fitzgerald who had already patented the computer system to establish values of carbon off-sets to be traded. If Cantor did not exist, CCX would emerge as the world’s first carbon-emissions trading company. This is not to say that Obama had foreknowledge of 9/11 even if Bush ignored numerous warnings and allowed it to happen.
One 9/11 agenda includes the high probability that carbon trading companies in the Twin Towers were targeted for murder with the precision of a pilotless drone attack disguised as a passenger jet.
Why does Franklin Raines of Freddie/Fannie own the patent for a carbon trading computer originally owned by Carlton Bartels, CEO “Cantor Fitzgerald/CO2e.com/eSpeedprogram ? – a company whose employees were murdered by a well-guided jet aircraft that crashed into their offices on 9/11/2001? Wasting no time, why did the new Democratic Congress (2006) give the patent to Raines immediately following the election?
“The worst terror attacks in America’s history killed every one of the 658 Cantor Fitzgerald brokers, traders, technology specialists, and secretaries who were at their desks that morning. It was the single greatest loss suffered by any company or organization.” Business Week
It is statistically significant that 44 % of the souls murdered on 9/11 (including firefighters, police etc.) worked for companies that were in competition with the Chicago Climate Exchange. (CCX)? Al Gore, Obama, Maurice Strong, and whoever in government owns stock in CCX stands to cash in on $Trillions if they can pass enforceable Cap and Trade legislation. *** Veterans Today
Global Consolidation Finalized in Two Steps
1 – ICE Buys CCX on the Cheap
The Nov, 2010 closing of the Chicago Climate Exchange, could have been the largest unannounced failure of the Obama administration….and maybe not.
In 2008 and 2009 the CCX market value for one metric ton of carbon nose-dived from $7 per metric ton to 10 cents, along with the shareholders’ investments.
The CCX and the Intercontinental Exchange (ICE) had enjoyed a close working relationship from the beginning. When the chips were down, ICE purchased CCX for pennies on the dollar in 2010, along with its parent company, Climate Exchange and two other exchanges (Chicago Climate Futures and European Climate Exchange), for $603 million.
It’s very cozy that CCX’s Richard Sandor had also served as an ICE board member from 2002, and chaired the Climate Exchange. The consolidation of energy futures into a globalist market was still underway. But ICE needed to acquire one more entity to achieve global control – The 200 year old New York Stock Exchange.
The New York Times Headline read: ICE Deal for N.Y.S.E. Creates Global Powerhouse
2- NYSE Sold to ICE
A huge step in the elite globalist agenda succeeded in December, 2012, when the New York Stock Exchange was sold to Big Oil’s global energy trader, Intercontinental Exchange ICE in an $ 8.2 Billion takeover. The implications to the survivability of the US dollar as the global reserve currency (petro-dollar) is clear. A global energy futures market (ICE) now has the ability to manipulate currencies completely outside the sovereignty of any nation in order to fix profits and fund vast and expensive explorations into oil-rich regions – like the arctic. This ultimately eliminates the need for the US dollar to perform as a single global reserve currency.
Value of Weather Modification, Aerosols, and Chemtrails Worth Trillions
Climate modification with advanced technologies creates a Casino of possibilities where the deck is always stacked in favor of the “powerhouse”.
We can expect the future for carbon taxes to be more probable and contentious than previously since most all the control is now in the hands of the “global powerhouse” while too many civilians have grown skeptic of the Global Warming propaganda.
Targeted weather modification in the arctic can provide access to Big Oil where 30% of the global oil supply is ready for drilling.
- Chicago Climate Club Gets Capped
- Obama’s involvement in Chicago Climate Exchange—the rest of the story
- Specific Companies in the World Trade Center Targeted on 9/11
- The Shore Bank, Obama, Chicago Climate Exchange Scam
- The Joyce Foundation
- Following the Money: Obama, 9/11, Chemtrails, Climate Change, $Trillions in Carbon Taxes
- Collapse of Chicago Climate Exchange Means a Strategy Shift on Global Warming Curbs
- History of the Chicago Climate Exchange