Blame Yourself Before Blaming Others

I liked this reply by Tom Szabo to some comments on his Today in Silver blog:

Market making should be temporarily and is not the same as manipulation in the sense of trend change.

“Should” is your own totally arbitrary qualifier. Market making is an activity that provides liquidity to the market, period. Since . . . → Read More: Blame Yourself Before Blaming Others

Federal Reserve Will Fail With Quantitative Easing

Quantitative easing; everybody is doing it like the Bank of England, Japan and even Switzerland.  Quantitative easing is a tool of monetary policy.  The effect is an increase in the quantity of currency without regard to maintaining its quality.  Quantitative is relating to, measuring, or measured by the quantity of something rather than its quality.  On 18 March 2009 Bloomberg . . . → Read More: Federal Reserve Will Fail With Quantitative Easing