U.S Stocks had a miraculous several hundred point surge minutes before the close, even after the Federal reserve issued their dismal outlook for the U.S Economy.
While Jim Cramer and a host of other talking heads on CNBC were complaining about high frequency traders manipulating the market yesterday to make it crash, I have not seen one single person mention how the market was manipulated today to make all of the major stock indexes jump, up to several hundreds of points, and all within the last few minutes of trading.
I did however see the talking heads laughing and smiling about how they are placing massive bets against the public because everyone from their taxi drivers and their shoe shine boys now have thrown everything they own into gold. That may be a hint it is time for you to get out of gold and silver while your ahead. Just a thought.
Before I go into how we go into what happened today, here is your daily market summary.
http://blog.alexanderhiggins.com/2011/08/09/stock-market-manipulation-stocks-rally-dow-429-points-close-52971/
The stick graph at the very bottom shows trading volume during the day, which starts high shoving the stock market up, then as the market hits a plateau the volume drops off! Right at the Fed Announcement volume picks up briefly as the sell orders hit, then note that volume jumps back up again just ahead of the second rise in the market prices! These new buy orders, almost matching the volume the day started with, are driving the DOW increase. The stock market is being rigged using supply-demand market forces, rather than earnings and dividends. “Someone” with access to unlimited financial resources is gaming the system.
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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