11 April 2018

Stocks and Precious Metals Charts - The Men Who Sold the World

"For what does it profit a man, to gain the whole world, but lose his soul?"

Mark 8:36

"Woe to that man by whom the Son of Man is betrayed.  It would have been better for him if he had never been born.”

Matt 26:24

Today was an off day in stocks from the overnight, with gold and silver catching a bid in response to a heating of the geopolitical tensions over Syria.

President Trump warned Russia of incoming missiles this morning with a tweet, and Russia pretty much told him to go blow.

From trade war to shooting war, the markets are mildly perturbed by the uncertainties, in the half-hearted sort of a way of the short attention span, hot money addicts.

The Fed gave the markets a thrill with their 'hawkish' minutes which were released at 2 PM. But the hollowness of their words were not able to maintain the strength in King Dollar and stocks, and both went out the day in the red after a brief flight upwards.

What's next? Keep an eye of the news, because it seems like history is getting ready to turn a page, slowly.

have a pleasant evening.