An eerie quiet is over the US markets. The SP 500 has slid sideways in an exceptionally narrow range for the past five sessions despite some intraday intramurals.
Gold was hit with a half-hearted bear raid today, while silver remained stalwart.
"Those among the rich who are not, in the rigorous sense, damned can understand poverty, because they are poor themselves; but they cannot understand destitution. Capable of giving alms but incapable of stripping themselves bare they will be moved to the sound of beautiful music, at Jesus’s sufferings, but His Cross, the reality of His Cross,will horrify them. They want it out of gold, bathed in light, costly, of little weight; pleasant to see hanging from a woman’s beautiful throat." Léon Bloy