The other day on CNBC the talking heads were marveling how well the stock market was acting and how it was holding up. Meanwhile, there was an article on the Bullion Desk this morning decrying how lousy gold was acting, as it has every reason to be flying.
Talk about the disingenuous in the Planet Wall Street crowd. Could they be that dumb? It’s so simple. It’s called the PPT, Working Group on Financial Market and Gold Cartel gang doing their thing and it's ALL in the public domain…
Mr Murphy,
CNBC just conducted an interview with Henry Paulson. Mr. Paulson was stating what is being done to ASSIST the markets. Among the items being done, he stated: "...we have re-energized the President's Working Group on Financial Markets...".
Has Mr. Paulson admitted that he is a "conspiracy theorist" and believes in the PPT?
Of course, Steve Liesman just completely ignored this unbelievable admission of "market manipulation".
Personally, I felt that Mr. Paulson looked nervous and SCARED and possibly had not intended to make this statement.