David Cay Johnston: Keynote Address to Symposium on Wealth Disparity In America

David Cay Johnston is an American investigative journalist and author, a specialist in economics and tax issues, and winner of the 2001 Pulitzer Prize for Beat Reporting.

Since 2009 he has been a Distinguished Visiting Lecturer who teaches the tax, property and regulatory law of the ancient world at Syracuse University College of Law and Whitman School of Management.' From July 2011 until September 2012 he was a columnist for Reuters, writing, and producing video commentaries, on worldwide issues of tax, accounting, economics, public finance and business. Johnston is the board president of Investigative Reporters and Editors.

Gold Daily And Silver Weekly Charts - Patience Patients, the Clinical Monetary Trials Will Continue

The Fed brought out not so much the jawbone, but perhaps its dentures, and changed 'considerable' to 'patient' and set some expectations for a rate hike perhaps as early as April.

Of course this is all rubbish, and the Fed will do what they need to do to protect the US' financial paper, especially in the time of currency war.

Gold took a somewhat perfunctory hit by the little wiseguys sometime after the announcement, almost as an afterthought, and silver pretty much held its level.

 

If they can't keep the genie in the bottle we might be getting ready to rock 'n roll.  Can you feel things winding up, getting tighter and tighter, as the paper kings keep pushing it to the limit?

 

We can be patient too, Bubbe Yellen, while we wait for some potentially considerable changes to come.

I am leaving a bit early today to do things related to family and the holidays. These things will remain. The trappings and vanities of Empire are already turning to dust.

Gold and silver will be fine I suspect. But we must be wary of the desperation of those who are both corrupt and powerful.

Happy Hanukkah to all my Jewish friends, acquaintances, and patrons of Le Café.

Have a pleasant evening.

 

SP 500 and NDX Futures Daily Charts - Easy as She Goes

The markets are continuing their bounce off support today, after the Fed did little except move their lips a little in their last statement for 2014.

 

They will be 'patient' and I imagine they expect that you will be too.

 

The charts will be updated with the remainder of today's action tomorrow.