Doubling Down.......................from Rico

It's usually pointless to 'buck' the status quo on POMO Day (Permanent Open Market Operation) when he FED purchases Treasurys (debt) to juice the balance sheet.

- Today is no exception, but today they're doubling-down on POMO.

Hoping to rally stock investors into further 'risk' the looting continues with a double POMO today (one this morning, and one this afternoon).

- And one smply cannot allow the precious metals to 'rise' like Bitcoin and expose the liquidity-fueled rise in stocks on no fundamentals or facts for what it is...a FED effort to rotate them higher still. After all, 27% over-priced P/E's aren't 'frothy' enough to maintain the fiction of recovery!

This is what happens when the plumbing of a free market is clogged with manipulaton and fraud, with the retail investors clearly on the receiving end of a financial enema in the making.....

When what hasn't 'worked' doesn't work, why then more of the same will work right? No? Didn't work?

- Then double-down on stupid!