Re: Is the Government Going to Crash the Stock Market?
Think about this...
The government auctioned off $13 billion in 30-year bonds on November 10. The S&P 500 peaked above 1,280 just 10 days prior... and then bottomed at 1,230 the day before the auction.
In December, the S&P 500 hit 1,260 early in the month. Then it declined 4% in five trading days... bottoming at 1,210 on December 14 – the day the U.S. Treasury auctioned $16 billion in 30-year bonds.
January's action was less obvious. As all conspiracy advocates know, it's just like the government to try to be less obvious. Stocks didn't decline much ahead of the January 12 auction of $13 billion in 30-year bonds. But the market did fall hard the morning of the auction.
So there you have it... Three auctions... three stock market drops.
This is the crux of the link, read it and watch the next 12 days.
Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."
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