John Embry and Andrew Hepburn of Sprott Asset Management in Canada have written a report of enfluences in the US stock markets. It is going to be a sight to behold when the iron laws of economics, the note and bond markets and the FX (foreign exchange) markets impose discipline on the US government and Americans in general for having their heads in the sand for too long. There is not much in the way of free markets left in the US.
"The Visible Hand of Uncle Sam
This report examines information indicating that the U.S. government has surreptitiously intervened in the American stock market. Important findings include the following:"
1.45 MB (1,521,797 bytes)