01 June 2016

Gold Daily and Silver Weekly Charts - The Lesser of Two Evils - Non Full time Payrolls

"The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power, pure power. What pure power means you will understand presently. We are different from the oligarchies of the past in that we know what we are doing...

We know that no one ever seizes power with the intention of relinquishing it. Power is not a means; it is an end."

George Orwell, 1984

There was another rather large set of gold deliveries on the Comex for the new June contract period yesterday.

Non-farm Payrolls (or should that be Non-full time Payrolls) on Friday.

There was intraday commentary titled Gold Cup and Handle Targets 1490 on a Breakout, With Silver Likely To New All Time Highs.

It would not surprise me if this entire election was as well scripted as a professional wrestling event. It certainly has most of the elements of one of those dramas. And the participants are of a comparable depth of character.

Hillary's brand amongst Democrats is that she deserves this election, that it is her turn.   And to independents  the pitch is that she represents the 'lesser of two evils.'

Or at least the less indictable.

That is certainly how one prefers to decide most things. Of these two selections of fish, which is less rotten?

Perhaps we should just have the salad instead.

When, when will we have had enough of this?

Have a pleasant evening.