Morning Post 12/14/11, SPX

So, like a bunch of whining babies not getting their candy or toys, the markets moan and complain about not getting their easing "fix". I hate to sound like a broken record, but this should be proof enough (and the 2000th iteration of this) that the only thing that keeps the markets afloat is intervention. Reality is the Fed can ease at any time they want. The issues now is what collateral damage comes with every additional dollar printed.

The EU summit came and went (yet again) without any sort of resolution. As we have been discussing there is no resolution or "fix" as they want you to believe. About the only action left is to print, print, print like they never have before. We also all know that this will only lead to increasing the already unmanageable debt load. So, when does the proverbial fiat dollar finally break the camel's back? That is the question we ask every day.

Morning Post 09/29/11, USD, AUD, EUR, JPY, Gold, Silver, Oil, SPX, DOW, Copper

I guess you could assume a rise in GDP and a much better than expected jobs number  would have been dealt by the dealer with the loaded shoe this morning given all the surrounding economic data. How GDP ticks up I have no clue, but one thing is for sure, the economists will have overestimated (as they always do) and the slide will continue sooner than later. As for the jobs number, other than the fact a -391 print is still nothing to crow about, you had to assume they were saving this "surprise" for a key moment when most needed.

Another EFSF vote and more hope. Nothing is stable here or across the pond. The EU issues have been a marvelous distraction from all the issues here at home.

Last night I went ape on the system and all the oppression and spying going down. We are being stripped of our freedoms. I suggest you read this - Shanky's Technical Analysis and Market Commentary: Afternoon Delight 09/28/11 Mini Rant 

Let's have a chartfest shall we! Take note of how many channels are in play across all the charts.

Gold - Pretty sure I noted the 1571 level and all the support there. STB is pretty solid on $1500 being as bad as it gets (for now - if it even gets there).

Afternoon Delight - 09/27/11

So what, they need more money - what's new? FT Report That Greek Bailout Package On The Verge Of Collapse After Surge In Greek Funding Needs Sends Stocks, Euro Plunging From Highs | ZeroHedge

Must watch video - describes everything we discuss daily about the corruption in the corporate system. John Perkins - Confessions of an Economic Hit Man - is really well informed and easy to listen to. The Global Elite’s Crime Syndicate with Economist John Perkins Alex Jones' Infowars: There's a war on for your mind!

Gotta listen to Ron Paul whenever he speaks - The Daily Show with Jon Stewart - Political Comedy Ron Paul Interview | Comedy Central

Solar storms they are a comin. Thanks to RC, KD and others, STB readers have known about storm 1302 for over a week. Earth in cross-hairs of huge solar storm caused by sunspot 1302 | Mail Online

Afternoon Delight 09/21/11, SPX, DOW, BAC, JPM, GS, MS

No need to rehash a QE that will deliver $1b a day or more in bunches and work the 30yr to control rates. It was disappointing and the market reacted as such (after a bit of digestion). STB thinks the Fed is holding back for bigger events to come and had to deliver something.

Let's hit the news quickly. Not sure how long I have been telling you to focus on the EU liquidity situation, but it has been a while now. Call this The (ZH) downgrade edition