15 April 2016

Some Charts - When In Doubt Inflate Financial Paper

"For we wrestle not against flesh and blood, but against principalities and powers, against the rulers of the darkness of this world, against spiritual wickedness in high places." Eph 6:12

Here are the basic stock and precious metal and economic charts as of about 2:00 EDT.

The economic news this morning was rather poor, and the luster with which Wall Street attempted to paint the financial sector in light of the 'great results' from JPM were fading as the 'better than expected' results over lowered expectations from CITI were not so lustrous year over year.   I think we might be in the midst of another handoff of long positions from the pros to the 'others.'  But only time will tell as we bang against an obvious overhead resistance point.

I have not heard much in the lame stream media about Deutsche Bank admitting that they, along with others, had been manipulating the prices in the global precious metals markets.     The oligarchs seem to be less coy and more audacious about pulling the strings of power.

A late night complication has led to a minor surgery this morning, to the extent that any surgery with full anesthesia is minor.   We seem to be hitting the trifecta of unusual things that do not often happen, and those unexpectedly.

The surgery is to insert a tube to drain of excess fluid from the ventricle, a different area from where they had the drain in from the surgery itself.    They think the cerebrospinal fluid was contaminated by blood from the area of the tumor even though it was not directly in touch.

And that blood 'clogged up' the natural draining system.  So they intend to relieve the pressure and let it flush the blood out over a few days.  And back to the ICU she goes.

And so I am putting this up, and then cracking on to the hospital.

Have a pleasant weekend.