Stocks and Precious Metals Charts -

IMG Auteur
Published : April 11th, 2017
424 words - Reading time : 1 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

“The world says: 'You have needs— satisfy them. You have as much right to it as the rich and the mighty. Do not hesitate to satisfy your needs; indeed, expand your needs and demand more.' This is the worldly doctrine of today.

And they believe that this is freedom. The result for the rich is isolation and suicide, and for the poor, envy and murder.”

Fyodor Dostoyevsky, The Brothers Karamazov

The marketeers were massaging perception today, putting up a good front of confidence despite the many, many geopolitical and economic risks.

This smells like a bubble topping. That can take quite a bit of time, or not. It depends on what happens to specifically break the illusion that is driving the hot money to chase mispriced risks.

Gold and silver finished largely unchanged. The Comex is becoming a betting parlor that happens to have a little physical metal in the back room. This is more true for gold rather than silver, given the activities of some parties in Comex silver to use it as a delivery mechanism for their wholesale operations.

I still like gold and silver here, but until they can break out this is an uncertain position on the charts. The formations have not yet activated, but are there waiting to open up. The resistance by the metals bears has been determined, but paper driven.

As I mentioned the other week, the tumor in the queen's brain has come back and is so deeply positioned as to be inoperable  So tomorrow we begin radiation treatments every day for three weeks with the goal of eliminating it.  It will be a tough go, and I may be late or miss a few postings.

This week we remember the events of one of the most meaningful weeks in all human history. And in this is our freedom, not of the world that seeks to master us, but in spite of it.
You, my brothers and sisters, were called to be free.   But do not use your freedom to indulge your desires and your greed; rather serve one another, with humility and love. For the entirety of the law is fulfilled in keeping this one commandment: 'Love your neighbor as yourself.'

Gal 5:13-14
This we have not only forgotten, but mocked and trampled into the dirt. We live in an age when greed has been declared the greatest good, and the measure markets.  And so in the name of such false freedom, we may once again make a hell on earth.

Have a pleasant evening.



Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
The Fed Is Confused about What Drives Inflation
18 Octneville
Hi Frank, Thanks for your article.......The fact of the matter is that LIES LIKE EVERYTHING ELSE DRIVES INFLATION , which as it so happens is 'THE'...
What kind of person runs for public office ?
17 OctThemis1
I liked the use of the self-actualization chart within the context of politicians and their motives. It probably applies to many in Hollywood as w...
The Silliness of the Bretton Woods Years
16 OctThe Recusant
KUDOS! The book is anti-gold slanted throughout and subtly mocks those that value gold as seen in that silly Las Vegas Golden Rooster tale. As I pr...
The Future (Not)
14 OctS W.-1
I have it on good authority that the Aliens living in Antarctica have discovered a way of turning Ice into Oil. All we have to do to secure ou...
Betrayal!
09 OctThemis1
I agree 100% with all the points you made. You have summarized my own anger and the reasons for it. My only consolation is that I believe the eli...
A silver price-suppression theory gets debunked
07 OctDoom-1
I think he linked the wrong article, because there's minimal facts and logic there relevant to price suppression. It's a shame, because I really wo...
Light It Up
07 OctThemis
I keep wondering whether the US is fermenting a war with North Korea so as to indirectly draw China in and delay implementation of the yuan-for-oil...
One Nation Under Gold (2017), by James Ledbetter
05 OctThe Recusant1
Sadly, I too hoped for a more even-handed assessment of gold in our economic history. The book IS biased and by the time I got to the 20th century ...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS