Gold, Oil & Indices (Equity & Bond Indices)

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Does anyone here believe that the Fed's Plunge Protection Team props up the S&P index through their proxies ?

I keep reading in the blogosphere that they do it through the futures market before and after trading hours, during weekends, early monday morning hours etc.,

Is there any truth in it ?

Because if they are meddling, I think the S&P index is going to see 1500 first before it faces any serious correction.

P.S: By the way I heard James Turk say that gold and silver are ready for the biggest blow off this year to the top, any time from March 15 onwards.

lucky why u think gold and silver fall?

Thx Boli and I agree the SPX downmove is not to be trusted :-) Watching audusd do a dramatic reverse back up today reinforces my mistrust of risk aversion.