Selling in the London and NY paper markets is being met by determined buying. Today was another record high close as the bear raid was 'stuffed.'
The equity markets are being managed higher on thin volumes led by the SP 500 futures.
"Our government is the potent, the omnipresent teacher. For good or for ill, it teaches the whole people by its example. Crime is contagious. If the government becomes a lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy."
Louis Brandeis, Olmstead v. United States, 1928