“The oligarchs who ran the country – and the world – had no principals, no morals, and no Code of Honor. Their indentured servants, the politicians, pretended to have them, but their skills were, just like those of the prostitute who tells her john he just gave her the best orgasm, to appear to have a moral purpose just beyond their self-enrichment. That much was enough to get them through the next election.
And every dollar they [the people] saved was worth less with every financial crisis, while the government just printed more money to preserve the stock markets, the financial status of the elites, and the banks who served them.”
Kenneth Eade, An Evil Trade
Stocks had another ranging day, and ended with small losses.
The Dollar moved sideways.
Gold was hit hard today, and to a lesser extent silver.
The miners were hammered.
Must be a stock option expiration this Friday.
And China is on holiday for their lunar New Year this week.
Have a pleasant evening.
