23 May 2017

Stocks and Precious Metals Charts - Breaking You

You've been let down, it's true
Your pain is so easy to see
You're haunted by your history
And it feels like you've got no escape.

Your life left you high and dry
You used to be sure of yourself
But then your whole world went to hell
And tomorrow looks just like today.

Lift up your eyes
Love is on the way
And it won't pass you by
You just gotta reach out your hand.

Audrey Assad, Breaking You

Stocks 'extended the bull market' as the spokesmodels on Bloomberg TV were saying in their adept analysis after the bell.

I have an itch to put a modest short back on to the equity market, but I resisted it for now.  These things tend to have a time of their own.

And besides, it is not yet clear to me that all the suckers are back in, and the pros are looking to hand this third generation stock bubble off.

Volatility has come back down quite a bit once again.

Gold and silver were weak today. There will be an option expiration on the Comex this week Thursday the 25th. June is a more important month for gold than silver.

The GOP and the talking yam did not fail to disappoint with their initial budget proposal. They are going after the weak, the poor, and the sick in order to provide more of everything to their masters of wickedness in high places.

I suspect that they will be making many of those who voted for Trump's promises howl in pain with their heartless policies before this is over. Too bad the Democrats cannot find a progressive spot in their own greed hardened hearts.

Difficult times for simple honorable souls indeed. But a thorough reading of history suggests that this is how things most often are. But it is better to struggle in goodness than to accumulate in heartlessness, at least in God's economy.

Have a pleasant evening.