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Wednesday, 17 September 2014

FOMC keeps the "dream" alive.....................from Rico

Another FOMC concluded, another issuance of 'smoke' from same.

- I don't know what Keynesian dope they are smoking, but their efforts to keep the 'dream' alive are like a bad economic remake of "Reefer Madness" courtesy of the FED.

According to the FED, we have record high stocks, and the Apple iPhone 6.

- Disregard that we also have record low corporate yields, record high unemployment, record high Food Stamp use, or that jobs, housing, and consumer sentiment are all DOA....at least the FED has 'inflation' under control (hahahahahaha...these clowns crack me up).

[FOMC Translation: "There is NO freakin' way the US economy is in good enough shape to handle higher interest rates yet!"]

And coincidentally right on cue, the HFT algo's pumped the Dollar and equities while seriously dumping on Gold.

- Correlation may not be causation, but now that every market has been shown to be manipulated it makes perfect sense that as long as Central Banks want to quietly devalue their fiat currencies they simply cannot 'allow' Gold to speak any embarrassing or inconvenient truths about the real financial situation.

The beatings will continue until morale improves.


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