Lots of MAGIC to go around today as the "stock market" is rescued and Comex gold is driven back under its 100-day moving average.
Let's start with the "stock market". As you know, the key algo input that The Bankers manipulate in order to keep the the "stock market" afloat is the USDJPY. Well, today's effort was particularly egregious as the USDJPY was forced to bounce again from 112. This led to a near full recovery in the S&P but not enough to get it back above its 200-day....
