anyone that did not understand who was supporting US futures....creating a massive fake money induced rally for 8 years....
Excerpt from www.jsmineset.com
"Yesterday, former Dallas Fed President Richard Fisher was on CNBC.
PLEASE watch this video
..................... www.youtube.com/watch?v=7nuzT3rchPU
I can’t believe what he said and I can’t believe there was no “power outage” at CNBC to shut him off! I can believe CNBC “edited for space” the 7:28 recording down to under four minutes where some of the “juice” was removed.
In a nutshell, Mr. Fisher admitted “What The Fed did, and I was part of it, was front-loaded an enormous rally market rally in order to create a wealth effect…” and followed with “The Fed is a giant weapon that has no ammunition left.”!!! I do want to point out the term “front loading” could be replaced with many other words such as “rigged, manipulated, supported or even forced” and the meaning would still be the same!"
It seems the Yanks printed money and bought US futures every time they looked like falling....ZZ said this since 2009.
Edited by ZoomZ, 08 January 2016 - 08:47 AM.