The Winter Retreat.....................from Rico

Forget about all that Fed "hot air" about 'tapering' QE. It's NOT working. Here's why:

- FMQ was running a pretty steady $35 bn/yr from 1913 to 1970. Look at it now. With the FED now 'only' printing $30 bn/mo and adding it to the money supply...well, it's hardly noticeable. A drop in the financial bucket, if you will.

Those focused on the COMEX where the bullion cartel routinely does the FED's bidding, will again see today's OBVIOUS 'capping' to defend the Dollar from any rise in Precious Metals (Gold and Silver).

- The defense of $1300 Gold and $20 Silver is clear on the micro level once again.

What is NOT clear, and what the Central Bankers do NOT want made clear is wha they have done to their respective fiat currencies since 1913.

- Debauching the purchasing power of fiat money isn't something they really want to have to explain to the man in the street......"Hey! Look at the grouse!"

The end game of the Keynesian Central Bankers is more and more resembling Napoleon's Winte Retreat from Moscow.

- You already know how that turned out.....................