Net-Net Nothing.. : From the Turd

[Honey]

Our friend Turd is back tonight with his thoughts on the days action.......

Wednesday, June 20, 2012 at 4:32 pm
Does anyone else find this slightly amusing?

"All of the hand-wringing and angst brought about by the FOMC meeting turned out to be wasted energy. Oh, there are several, interesting nuggets you need to consider but let's look at the gold price action first.

Heading into the Fedlines at 12:30 EDT, we were all wondering what was going to happen to gold (and silver) prices. Would they rise on some kind of QE announcement? Would they fall as they have nearly every time The Bernank has spoken in 2012? The answer to both is: Yes! And that's the funny part.

You've now read countless entries of mine where I've lamented the utter lack of participation in the metals pits, post MFing Global. The only entities left trading are Cartel monkeys and HFT algos. Because of this, we are stuck in an environment where The Cartel can very efficiently "game" the mindless spec computers. We saw this done again today."...

LINK...

[Mr.Akamkk]

I read a very interesting article not to long ago, although I can't remember where, that said in a nutshell when the game is up and the banksters have nobody left to feed upon they will feed upon themselves. I don't think this is a game for them, I think it is more of an addiction and I think with every addiction there has to be a bottom. I think these guys may start feeding on themselves because there are not very many people that want to play their game anymore.