Friday 6 April 2012

COMEX Cabaret...............from Rico

The COMEX has become the personal Cabaret of the FED via the Big Five Banks.

The recent Metals smackdown was a lot like the opening scene from "Cabaret" ...Willkommen! Hello stranger!
- All the Banksters are beautiful. Even the orchestra....er, FED is beautiful! And the COMEX is a wirgin. If you don't believe me, just as Helga....er, Jamie & Blythe.

The short-term reality was essentially 'missed' (or ignored) by the talking heads and teleprompter readers.
- Even with spot Gold closing on 4/4 at $1614.60, that's still 'up' from it's year-ago close on this date of $1433.16...but, if I were unhappily a Central Banker trying to 'win' the race to debase my unredeemable fiat currency, I would NOT want to highlight what the barometers of precious Metals are saying about ny performance.


No comments: