Rickards: Was This the ‘Most Blatant Case of Insider Trading’?

At the recent World War D conference some of the speakers addressed one key element of the subtitle — Money, War and Survival in the Digital Age.

That is they spoke about the meaning of money and where the whole monetary system is right now.

One of those speakers was Jim Rickards.

He’s probably one of the most ‘connected’ financial gurus on the planet. And his just-released book highlights the level of those connections.

After all, who do you know who received an invitation from the US Central Intelligence Agency (CIA) to look into financial irregularities that may have taken place before the 9/11 terrorist attacks?

Jim Rickards was one man who got an invitation.

His latest book, The Death of Money, gives an insight into one of the meetings at the CIA’s Langley, Virginia headquarters:

On September 26, 2003, John Mulheren and I were seated side by side in a fourth-floor [meeting room] in the headquarters complex. Mulheren was one of the most legendary stock traders in Wall Street history. I was responsible for modeling terrorist trading for the CIA, part of a broad inquiry into stock trading on advance knowledge of the 9/11 attacks.

I looked in his eyes and asked if he believed there was insider trading in American Airlines stock immediately prior to 9/11. His answer was chilling: “It was the most blatant case of insider trading I’ve ever seen.”

Rickards explains in his book exactly how ‘inside’ traders (those within the terrorist network with intimate knowledge of the impending attacks) made millions.

You can find out how to get a copy of Jim Rickards’ book mailed to you here. It’s a fascinating read from a genuine establishment insider.

Cheers,
Kris+

From the Port Phillip Publishing Library

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