Friday, January 4, 2013

Puzzling contradictions in the markets shouldn't puzzle anyone really

Yesterday, the price of gold took a hit to the downside.  Evidently, there was a move upwards in the dollar.

There isn't anything that I can see that supports this notion of bullishness in the dollar.  But there was news that the Federal Reserve may be ending QE later this year.  That contradicts earlier stories that the Fed will be doing QE out the wazzoo.  What gives?

Go back to the Kyle Bass video link posted here earlier this week.  Bass was saying something to the effect that policy makers can't tell the truth and won't tell the truth.  Therefore, whatever you're hearing from the government is probably wrong.  This jibes with the link here which says that the Fed can't stop QE even if they wanted to.

So, the price of gold and precious metals drops.  Those who are in the markets are being manipulated.  So, what else is new?

I could point to a series of links to support the notion that our government and society is in full corruption mode, but I don't suppose it should be any surprise to anybody who knows anything about anything.  Those most surprised would be the most gullible amongst us.  Otherwise known as Obama voters who believe everything that our corrupt media and government tell us.

What the heck?  Let's put up some links!


Update:

Heavens to Murgatroid!   I forgot about Boner being re-elected as Speaker!  This shoots to hell all credibility that the Republicans may have had.  How in the hell do you vote against the fiscal cliff deal that Boner orchestrated and then vote for him as Speaker?!?  They only thing more credulous than the Obamabots are the "conserva-Nots" ( just coined that term).


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