"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
08 January 2013
Gold Daily and Silver Weekly Charts
A nice bounce today.
The manipulation that we have seen since December is still holding on a bit.
We may hit a rough patch when the debt ceiling discussions begin in earnest in late January or February.