If you do not believe that SOMEBODY is manipulating things recall the announcement Wednesday: the FED is going to print $85B/month. //Do you recall the post about QEIV?// Well, the printing is now announced. Monetary inflation up the kazoo. And what happenes to gold prices? They go down $25/oz. Makes no sense does it not?
That's not the only thing that does not compute. VIX (the volatility or fear index) is related to many economic variables. Normal correlation has now broken down on a massive scale:
http://pragcap.com/the-vix-is-it-telling-us-anything-at-all
Friday, December 14, 2012
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