from FinancialSurvivalNet
Peter
Grandich was on with us, giving his last interview of 2012. We both
agree that the year is for all intents and purposes over. The
institutional traders have locked in their profit and therefore their
bonuses and what happens from hereon in is really just noise and
completely irrelevant. Don’t be surprised to see Da Boyz get in one last
smack down for good measure. This is what happens when markets stop
serving their price discovery function and start serving primarily
political purposes. And it could very well continue until after the
inauguration. Appearances, after all, must be maintained at all costs.
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