"All this wiggle-waggle of the gold price below or around $1600 is simply the result of official efforts to delay the appearance of $2,000+ gold.
That is the big event ahead, whose appearance will have deep psychological impact on markets, because the establishment of $2000+ gold will reinforce the idea that gold has still much higher to go."
Central Banks Stand Ready to Combat Greek Market Storm
And to provide advance notice of what is coming to their banking friends?
Tomorrow is stock option expiration, an important quad witch expiry as well.
The FOMC meets next week, and the Greek people have an important election on Sunday that may have some impact on their stance towards an austerity deal.
Today Egan-Jones downgraded France to BBB+ with outlook negative.
There should be no doubt in anyone's mind that the Anglo-American banking cartel is deeply interested in acquiring key European assets on the cheap. This will not stop until the means of executing their trading gambits are removed.
This is a new and more brutal phase of the currency war.
Find something you can believe in and feel comfortable with within reason, and then stick with it until you succeed or are proven wrong. And if wrong, then do not be afraid or ashamed to change.
The only certainty we have is that 'this too shall pass.' But there are some things that remain when all other things pass away, and it is good to be mindful of them in our every day lives, conducted quietly while the greater events of the world unfold and then pass by. Sometimes it seems confusing in all the hysteria and 'fog of war,' but we have a guide to which our eyes can always turn, the pillar and the cloud that leads our way through the wilderness.
"Whatever is right, whatever is wrong, in this perplexing world, we must be right in doing justly, in loving mercy, in walking humbly with our God, in denying our wills, in ruling our tongues, in softening and sweetening our tempers, in mortifying our lusts; in learning patience, meekness, purity, forgiveness of injuries, and continuance in well-doing."
J. H. Newman
"The more I think about the human suffering in our world and my desire to offer a healing response, the more I realize how crucial it is not to allow myself to become paralyzed by feelings of helplessness and guilt. More important than ever is to be very faithful to my vocation to do well the few things I am called to do and hold on to the joy and peace they bring me. I must resist the temptation to let the forces of darkness pull me into despair and make me one more of their many victims."
Henri J. M. Nouwen
"Please, Lord, teach us to laugh again; but, God, don't ever let us forget that we have cried."