Loading ...Me too.
There was an article yesterday posted by Maddog on ZH about the liquidity shortage created by JPM that caused the recent repocalyse as they call it (not QE) – apparently they’ll have to keep doing this into year end to shore up a lack of liquidity in the system.
I guess this is sort of another slap upside the head that says, the world’s central banks can paper over any problem. The only thing they need to do is keep gold in check to keep the appearance that there is nothing wrong with the system.