The Unraveling Intensifies

The manipulation of the markets has reached unprecedented levels it seems, and probably was to be anticipated.

Two charts here kind of show the picture.

First an update of our long standing Fracture Chart.

Powell’s comments on the possibility of reducing interest rates to offset the problems that continue to be created by the Whitehouse created a quick decline in the Fracture line, but our take is that this will be a short lived decline in the line.

Secondly here is a chart we put together to show us a picture of the Fear and Panic in the markets. the Key question for the markets is where the new cheap FED money will go, to Speculation and Panic (Gold) or real Growth.