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.
"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994