13 July 2012

Gold Daily and Silver Weekly Charts - Up Again, Up Again, Jiggity Jig


Running Free, Pigman Knew He Was a Master of the Universe
To market, to market, to buy a fat pig,
Home again, home again, jiggety-jig.

To market, to market, to buy a fat hog,
Home again, home again, jiggety-jog.

To market, to market, to buy a plum bun,
Home again, home again, market is done.

Gold and silver remain resilient despite the concerted campaign to push them down and dampen interest in the alternative stores of wealth.

I would not mind fast forwarding a few hundred years to see what the future makes of this episode in human history.

Will it be a great turning point, a high moment, as we might like to think, full of sound and fury? Or are we just a comedic footnote, an frivolous episode in life, with very little that is lasting or even new?

It is hard to say. But I am almost certain that our great grandchildren will ask themselves, "What were they thinking?"

See you Sunday evening.