These days, I get such a kick out of watching the markets swing up and down with absolutely no grip on anything fundamental whatsoever. Alleged “good news” is for the most part a giant smokescreen, while “bad news” tends to at least have have some basis in reality. The following are two images, one taken from Google Finance on Friday June 29th, and one Friday July 7th – just a week apart. It should be no surprise to anyone that the market moves up and down – but to do so in such an erratic and non-sensical way is, to me, a clear indicator that these markets are rigged and being yanked around by proverbial big fish.
Market Close, June 29 2012
Market Close, July 6 2012
Continuing with the same story, you might want to figure out where to buy some gold or silver, and store some of your assets outside the financial system if you want any hope of preserving your wealth in a market that is anything but “free”.
