What 'gives? 'O.B.E.....................from Rico

In a heavily manipulated and controlled financial market (hey, I'm paraphrasing something Deutsche Bank recently said), very little is 'by accident' although it may be made to appear so.

 

Let's consider Gold, Silver, and the Dollar yesterday.

 

What 'gives?' you might well ask.

- Not the Order of the British Empire, but rather Overcome By Events.

 

Gold (after flirting with $1170/oz) and Silver ($15.80/oz) in the context of global equities tanking ought to be faring much better than they currently are on the COMEX.

- BUT remember that Wednesday 8-26 is Precious Metals options expiry on the CRIMEX. What a 'coincidence' huh?

 

And the Dollar? Nothing is better to 'support' the Dollar than (a) paper-puking all over the paper spot prices for Gold and Silver, while (b) juicing the equities markets with massive injections of 'hot' central bank money.

 

Looks very much like Dr. Fed yelled "clear" and applied the paddles to try and revive the financial corpse.............