Its what one might call intentional mismanagement. The Western ruling elite hate gold (unless of course they are stealing it from innocent victims like Iraq, Libya, Venezuela etc) and the Australian ruling class are falling all over themselves to please their masters who are the US ruling elite.
Any claims by these clowns claiming to hold 8,000 tons is simply fanciful, to say the least.
A 2 minute on the game from yesterday gives us volatility (which was no doubt "used" by the "big players") and ended up meaningless.
Having a peek at the Dow and volume collapses into the holiday weekend as it ekes out another rise.
We got us a whole different ballgame with Credit Suisse as it breaks support and plunges to a new low on big volume. Plenty of room to run yet.
A weekly on Credit Suisse (which doesn't appear to have much in the way of credit left) as the massive attempt at support fails.
There will no doubt be much gnashing of the teeth over the weekend and meetings by the fraudsters as they continue to desperately seek a solution to this looming debacle.
Looks like a suitor might have to be found along with a lot of number juggling to keep the good ship markets afloat.
Next week certainly looks a bit more interesting than this one just gone.
