Al Martin: Pat Robertson Remark Roils the Markets

ConspiracyPlanet
Aug. 23, 2005

Did Pat Robertson make money by publicly calling for the murder of Hugo Chavez, president of Venezuela?

Political-economic analyst Al Martin says, "Pat's comments created a so-called 'flight to quality' bid in both the September long bonds and the Sep. dollar cntracts."

Martin, whose website Insider Intelligence.com specializes in market trading advisories, says that "Robertson sufficiently roiled the markets by creating a political rift. This was a problem which in turn created a 'flight to quality' in US assets because assets came out of Venezuela after he made those remarks on the 700 Club that Hugo Chavez should be killed."

"What's interesting to note," Martin continues, "is that a fund that Robertson is a large investor in, one of the deep offshore Smart Republicn Money trading pools, was a substantial purchaser of the Sep long bond and dollar contract indexes last night (Aug 22) just before he made those remarks."

"Of course it's impossible to tell how much money Pat Robertson would have made," says Martin in a recent interview, "but one could ask 'Did Robertson have a financial motive in making such a remark?'"

"People may remember how Oral Roberts and Jimmy Swaggart used to do this.

Oral Roberts got himself in hot water for it by saying that the management of a certain publicly traded company were sinful and ungodly and the stocks should be sold. Subsequently this led to an SEC investigation. It was discovereed that when Oral had said that God had told him the stocks should be sold that he had already shorted the stock the day before -- or bought put options.

"They're just using their flock to enrich themselves," is Al Martin's conclusion. "They're using their religion as another device of market shilling."