Gold Daily And Silver Weekly Charts – Zombie-nomics And Corporate Welfare – Gettin’ Paid

There was intraday commentary here about a large number of ounces of gold taken in delivery yesterday, and JP Morgan's heroic attempt to fill the gap between paper and physical bullion at the last minute.

And yet these numbers are barely rounding errors compared to the global physical markets centered in Europe, the Mideast and Asia.  That is what seems so insane about this ‘pricing discovery.'

The US financial system looks like an accident waiting to happen–  again.

We bailed out the perpetrators who crashed the financial system, quickly made them even larger, and then stood by while they continued to commit serial financial frauds and  market manipulation, politely referred to as ‘rigging,' in most of the global markets. 

See: Citigroup's Unchecked Crime Wave

How nuts is that?  How would you explain the reason for something like this?

Want to end a corporate welfare tax loophole and subsidies that would save the US billions and help rebuild the national infrastructure?  Read this.

Have a pleasant evening.

Click on picture to enlarge

Click on picture to enlarge

Click on picture to enlarge

Click on picture to enlarge

Click on picture to enlarge

Time for a demagogue break?  Too bad this time we do not have a chance for a ‘New Deal.' 

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