ECB Seeks to Avert What Has Already Happened; Raspberries and Gold

``"The G-7 just gave a raspberry to S&P and basically said its analysis is irrelevant," said Diane Swonk, chief economist at Mesirow Financial Inc. in Chicago. I can top that. The futures so far have given the raspberry to the ECB and the G-7. Moreover, gold has given the raspberry to nearly everything else. Grain, energy, and equity futures are all trading lower. However Gold is up $34 to $1684 and silver is up $1.18 to $39.39.''