Gold Daily and Silver Weekly Charts

"The law has been perverted, and the powers of the state have become perverted along with it. The law has not only been turned from its proper function, but made to follow an entirely contrary purpose. The law has become a tool for every kind of greed. Instead of preventing crime, the law itself is guilty of the abuses it is supposed to punish. If this is true, it is a serious matter, and moral duty requires me to call the attention of my fellow-citizens to it."

Frederick Bastiat, The Law, 1853

SP 500 and NDX March Futures Daily Charts

The futures hit 1251.25 intraday which is almost exactly what we suggested they would do. And of course it was done on very thin volumes.

Signs of economic recovery? Perhaps. Look around you, and decide for yourself.

Personally this seems much more like typical year end painting of the tape to optimize the bonuses of fund managers and to promote the perception management of the people by the professional politicians. All of this, of course, fueled by liquidity from the monied interests in the banking cartel.

If it is, then this will end badly, as it has done several times before.

Net Asset Value of Certain Precious Metals Trusts and Funds

Fitch Warns May Cut Greece to 'Junk'

The objective is nothing less than for the Anglo-American banking cartel to control the world's money supply. One major currency is almost as good as one world government.

Fed Extends Dollar Liquidity Swaps Until August 2011

Cry havoc and let slip the dogs of currency war.

MarketWatch
Fitch May Cut Greece Debt to 'Junk'
By Sue Chang
December 21, 2010

SAN FRANCISCO (MarketWatch) -- Fitch Ratings on Tuesday placed Greece's BBB-long-term foreign- and local-currency issuer default ratings on downgrade review, raising the possibility that Greece's sovereign rating may be cut to junk in the near future. "A Rating Watch Negative indicates that there is a heightened probability that Greece's sovereign ratings will be downgraded," said Fitch in a statement. The review is expected to be completed in January and will focus on Greece's fiscal sustainability, the country's economic outlook and the political will of the government to carry out reforms, Fitch said.

"And Caesar's spirit, ranging for revenge,
With Ate by his side come hot from hell,
Shall in these confines with a monarch's voice
Cry 'Havoc!' and let slip the dogs of war;
That this foul deed shall smell above the earth
With carrion men, groaning for burial."

William Shakespeare, Julius Caesar, Act 3 Scene 1