This is one of the big four 'quad witch' weeks for US equities, and Goldman is bring out some IPO's including the CBOE. So as previously said, we'll look for shenanigans on light volumes as the trolley dodgers try to stay out of the way of intermittent headline risks and keep that perfect trading score going.
When frauds like the US financial markets become this obvious and blatant, it is frequently a sign that they are nearing the endgame, or perhaps more properly, an implosion. But never poke a cornered skunk, you have to smoke them out.
Gold
Silver Daily Chart
Silver Weekly Chart
HUI Mining Index - Weekly Chart
Some might notice a trend on this chart. That trend would not hold up in a general stock market crash.
US Long Bond
Big Daddy looks about read to take a dump.
SP 500 Sept Futures Hourly chart
SP 500 Longer Term Cash Chart
SP 500 Correlated to Bernanke's Quantitative Easing Program
Chart Courtesy of James Turk
Spiritual pride leads to a lingering spiritual death. It turns the living being into a tomb, bright and polished on the outside, proudly ornamented with scrupulous attention to detail, and ostentatious adherence to the letter of the law — but inside full of corruption, and festering foulness. They love the rituals and the worldly forms of religion, but want nothing to do with mercy and love. It is a sickening romance with the self, unto death.
Jesse, Essere Umano, 20 August 2017