Tuesday 29 October 2013

Typical..........................from Rico

I kid you not.

- Yesterday I noted in my calendar that another typical 'paper raid' in the precious metals was to be expected around the typical 2-day FOMC non-event.

Voila!

Here we are this morning with:

- Typical 'dumping' in the markets at a normally quiet time when the Wall Street traders haven't yet abandoned their soiled Justin Bieber dolls to go to the office.

- The SEC and CFTC won't be roused from their typical 'zizz' and will later collect their donuts at the office before napping some more.

- Meanwhile, the FED is expected to do the typical 'nothing' (it has no choice, really, but to extend and pretend).

- This typical market manipulation is intended to defend a flatlining Dollar and sinking economy for a little while longer, buying some time at the investor's expense.



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