Market Commentary
The markets are in turmoil and no one knows where to put their money. Gold, the normal safe haven is being manipulated. Look at the below chart of the last 5 days trading. A rising gold rally in the rest of the world gets repeatedly knocked back when it hits the North American markets. The closing price today is so totally bogus. Why? A rising gold price is a sword in the heart of the lie that inflation is in the low single digits.
So thanks to the House Republicans who voted 2-1 against the $700 bn bailout (aka U.S. Treasury hiest of the century), now the Dow is in free-fall. This is going to get much much worse.
Review the below video to see a brave man standing up for right, one of those that stopped, at least for now, the $700bn theft from the American people.
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