"You are the very cause of your ignorance, yourselves. You put away the light, yourselves; you first pluck out both your own eyes, yourselves; and after that other men’s too, so that the blind may lead the blind, until you both fall into the pit.”
Stocks were slightly higher, with select big cap techs leading the way.
VIX continued to move lower.
The pigmen are feeling invincible.
Gold and silver managed to eke out some gains, with silver making the strong showing.
The Comex warehouses and delivery reports were largely a snooze. I did note that the warehouse in Hong Kong has once again dropped below the one million ounce level.
These markets are probably coiling for a move, all of them. The status quo has a powerful momentum with which to resist change. But in the end, change in coming.
I am going to take a day off tomorrow, and therefore there will be no update, unless something unusual happens. We will be exploring the corridors of the healthcare system for most of the day.
So I will see you again on Friday.
Have a pleasant evening.