14 August 2012

Neil Barofsky: Ongoing Bailout of Wall Street






Gold Daily and Silver Weekly Charts - Cheap Shot at the New York Open



Carney game antics, nothing more, nothing less.

The financiers will not back off until they bring the real economy to exhaustion and failure. Or someone stops them.


SP 500 and NDX Futures Daily Charts - Technical Tug of War in Sparse Volumes


The US markets are dying for lack of real volume and a drought of investment funds.

The action is little more than a tug of war by short holding time trades.

If this market gets hit by an exogenous event that provokes selling it could drop quite impressively.