ETF’s were created by the major banks and brokerages to fool investors into putting their money into these ETF’s, thinking they were investing in the companies these ETF’s “TRACK”, but in actual fact IMO investors are giving these banks and brokerages total control of all the markets. Dig through their Charters and you will see these ETF’s are all just unregulated DERIVATIVES who’s only obligation is to report the value of the sector portfolio they TRACK, but IMO they (the banks and brokers) all work together and are just a giant slush fund that is being used to control all the markets!
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