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Wednesday, 18 September 2013

That explains it..................from Rico

It's become business as usual, routine, for the wise guys to stage "raids" in the COMEX paper bullion market around the monthly reading of the financial entrails...er, the FOMC meeting (of our favorite, privately-held, for-profit bank) of the FED.

- The last four or five days have been no exception to this established pattern.

Can you 'see' the time when Ben spoke at the conclusion of today's financial mensa gathering?

- It was not surprising to 'hear' that the FED would continue to 'print' a gazillion more dollars, so they could buy a gazillion more Treasurys, so the government could spend a gazillion more dollars that they do not have. Makes perfect economic sense...

- It makes me wonder (a) where would the spot price be had the crooks not bravely stepped-in and monkey-hammered the metals at the FED's behest, and (b) what did the Bullion Banks know and 'when' did they know it[?] ...read: 'how many days in advance' of the announcement the rest of us heard moments ago.

Tell me again how it is that the LIBOR was 'rigged' but the COMEX is somehow NOT?



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