One of the better charts below that clearly shows that stock markets are completely dependent on the printing presses for survival. In contrast, precious metals and miners would go completely ballistic without the continual suppression and naked shorting.
Just buying time - VHF
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Stimulus and Stocks as the First Quarter Ends
Tim Iacono
March 30, 2012
One of the best quarters ever for equity markets is about to go into the books amid talk about whether the recent surge can continue or, perhaps, just maintain a “permanently high plateau”, however, as shown below via this CNBC story yesterday (that favored neither of these options), it’s all really up to the Federal Reserve.
Lest anyone doubt that assertion, all you have to do is look at what happened on Monday as Fed Chief Ben Bernanke waxed poetically about more central bank money printing and asset prices rose across the board. Since then, nada. My guess is that they’ll be talking a lot more about money printing in the second quarter.