You'd think that any need for a "money printing" surge arising from a banking crisis in sub-prime loans would be bad for US bonds and the dollar...and good for gold...
But alas, the central banks and their media spinsters still control the talking points...so that Reality Based assessment will have to wait...
Today, the market masters seem to want a "distribution day" ....after the recent declines.
The last thing Wall Street needs is for reality to set in... The Myth of American Exceptionalism must be maintained at all costs now. Hence the diversions and distributions of the past few weeks.
And with debacle prone people like Bush & Cheney running things; American "exceptionalism" is a VERY hard case to make.
