This is a free flowing post based on interesting links of interest I recently came across. It compares online markets to offline markets.
Those who preach free market virtues rarely follow through on them:
The misfortune, of course, is ours since the Fed also sold gold. We have to guess at that of course because transparency in capital markets, preached from on high, is merely pretence. …
The answer to market direction lies with the Fed, which today reports on their decision and statement as to policy. The policy statement is, for the most part, useless as a guide to the market, and something I call a sham. Regretably, the Fed is not required to release their strategy and tactical plan, which is released to the banks via buy and sell orders from the FOMC trading desk.
Tags: Closed, Formats, Kill, Market, Opportunity, Platforms, Proprietary