re: Ann: ZSP: S&P DJ Indices Announces Septem... Tank!
It would seem with all of these counter intuitive happenings, that one would suspect, either the market is dysfunctional (strong argument for this in the Junior sector generally) or there are stronger forces operating on the market, for different reasons.
The experiments with fiat currencies, fractional reserve banking, the (ascendant) powers of central banks, not to mention the too big to fail fellers, makes you suspect all is not well. Add highly contrived international taxation schemes robbing the poor and arms dealers looking for a new gig every week...hmmm...one would suspect all is not well.
But here is a secret that a taxi driver told me from the airport the other day....the market is neither efficient, transparent, free from manipulation or effective in its allocation of capital.
Strange world in deed as Lennon once sang!
Go gold!
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Ann: S&P DJ Indices Announces September Quarterly, page-37
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