11 May 2016

Gold Daily and Silver Weekly Charts - The Gathering Storm

"Some touch of the artist wells up within me, and calls insistently for a well-staged performance. Surely our profession, Mr. Mac, would be a drab and sordid one if we did not sometimes set the scene so as to glorify our results. The blunt accusation, the brutal tap upon the shoulder - what can one make of such a denouement?

But the quick inference, the subtle trap, the clever forecast of coming events, the triumphant vindication of bold theories - are these not the pride and the justification of our life's work? At the present moment you thrill with the glamour of the situation and the anticipation of the hunt. Where would be that thrill if I had been as definite as a timetable?”

Arthur Conan Doyle, Sherlock Holmes: The Valley of Fear

When gold and silver finally are able, through price action, to have their say about the state of Western fiscal and monetary policy actions, it may break a few ear drums and shatter a more than a few illusions about the wisdom and honesty of the money masters.

Slowly, but surely, a reckoning is coming.  And what has been hidden will be revealed.

Have a pleasant evening.