27 August 2017

Stocks and Precious Metals Charts - Non-Farm Payrolls and Comex Option Expiration Next Week


“We have been called to heal wounds, to unite what has fallen apart, and to bring home those who have lost their way.”

Francis of Assisi

There will be an option expiration on the Comex tomorrow, August 28th for the September contracts for gold and silver.

Silver is a more significantly active metal in the September contract.   The focus in gold trading now has shifted to October and December.

Gold is jammed into resistance at the $1300 level as can easily be seen in the price chart below.

There will be a Non-Farm Payrolls Report for the month of August on Friday, September 8.

Please remember the people of Texas who are suffering the adverse effects of a hurricane with very heavy flooding.

My son returned a week early from his Summer internship in Texas at my request. I was suddenly concerned about the queen and asked him to come home. His manager was very accommodating given the circumstances, and he drove back over a three day period. In doing so he missed all of the bad weather there, for which I am grateful.

The queen abides, growing quieter, and steadily a bit weaker, sleeping most of the time with Dolly at her side. I measure out the hours with patches and syringes, a tender touch of caring and a reassuring word, as I obtain similar consolations from my own angels of the moment, who bring a meal and a helping hand.

There is little fear and no pain. It is like watching a butterfly becoming. God is making an angel.

These are His tender mercies.

Have a pleasant week ahead.   Hope to see you tomorrow.