Yep, they jus printed up some worthless cash and bought them T-Bills back so they can print up some more T-bills to cover the cash they printed to buy the last batch of T-bills....Yep, that’s what I call high finance! Duplicitous bunch of thieving morons....
Look at Bloomberg's energy commodities.....pretty big sell off today (-4 to -5% off since Friday) for NYMEX RBOB gasoline.
I do realize that it is nearing the end of the month and prices usually drop for the 30 day contracts or the speculators will have to take delivery.
I do not see anything positive in the near future that says anything about the US economy growing again....the fundamentals just aren't there for it to happen, especially with TARP, Porkulus, Porkulus II, Goobermint Motors, NK, Iran, -$1.8 trillion in new spending, etc., etc.