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.
“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny
09 January 2012
Gold Daily and Silver Weekly Charts - Calm Before the Storm
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.