Categories

Login Status

You are not logged in.

Polls

Is Goldman Sachs Evil or Good?

View Results

Loading ... Loading ...

Calendar

October 2013
M T W T F S S
« Sep   Sep »
 123456
78910111213
14151617181920
21222324252627
28293031  

Morning Market Briefing – Thursday- 10/17/2013

This morning, the debt ceiling is raised and the government has restarted. The US market is acting as expected, selling off. Politicians everywhere are congratulating themselves on a job well done. A first item on the list of things to do is pay the government workers who stayed home and did not work. Where do I sign up to get paid for doing nothing? I guess that is an advantage of working for the government, you do not really have to EARN your living. We for one are glad that the government is working again for one reason. The gold price manipulator who was selling obscene amounts of gold future contracts to manipulate gold prices at 7 AM every morning is now gone. This morning, within less than a minute, gold mounted over 50 dollars per ounce. […]