In a perfect world, the Fed would be buying $85 billion worth of gold bullion every month rather than blowing it on bogus paper intrinsically worth no more than a pile of Confederate $50s. Alas, the hoax continues, abetted by the full-throated complicity of such useful idiots as Paul Krugman, winner of the Nobel Prize in Economics.  For our part, we’d suggest using the stock market’s recent bout of weakness to accumulate stocks ahead of a holiday rally that is due to kick off next week. If it does not, we could only infer that even Quantitative Easing will not suffice to offset the Obamacare tax dreadnought and the scary buildup of retail inventories reported earlier this week.