As I mentioned on Friday morning, despite the awful jobs numbers it was likely that the stock markets would find support into the FOMC meeting, which is tomorrow. I also suggested that despite the moves higher, gold and silver would be capped going into this meeting. Check and double check.
The story being promulgated by the oligarchs, with a strong lead from Robert Rubin and friends, is that the economy is doing well on its own and recovering, and no stimulus is required, except for tax cuts for the wealthy and for corporations.
This is America today, and that theme utterly dominated the conversation on Bloomberg television with hardly a dissenting voice from any of the guests.
Even the NY Times can only manage to squeeze out a piece of corporatized news such as this, The Rise of the Perma Bears.
Behind the concrete, the visible events, behind all the objective, logical considerations, we find the struggle against evil, against the servants of the antichrist. Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak. When he yields to the forces of evil, he separates himself from the power of a higher order; after taking the first step, he is driven on and on to the next and to the next, at a furiously accelerating rate.
Die Weiße Rose, 1942