07 May 2018

Stocks and Precious Metals Charts - What Time's the Next Swan?


"I'm particularly interested in black swan events: unprecedented surprises that destroy the conventional wisdom about how the world works."

Paolo Bacigalupi


"The essence of God is existence, and He defines Himself as: 'I am Who am.' The essence of the devil is the lie, and he defines himself as: 'I am who am not.' Satan has very little trouble with those who do not believe in him; they are already on his side.”

Fulton Sheen


"Satan’s monomaniac concern with himself and his supposed rights and wrongs is a necessity of the Satanic predicament. Certainly, he has no choice. He has chosen to have no choice. He has wished to ‘be himself,’ and to be in himself and for himself, and his wish has been granted. 

To admire Satan, then, is to give one’s vote not only for a world of misery, but also for a world of lies and propaganda, of wishful thinking, of incessant autobiography.  Yet the choice is possible."

C. S. Lewis

Stocks were higher, rallying from the opening hours.

The rally faded a bit in the afternoon, with stocks giving back from the highs but still managing to add another gain in May.

Gold and silver were largely unchanged and the Dollar was a bit higher.

Tomorrow Trumpolini is promising to have a decision on the nuclear treaty in Iran around 2 pm.

Later this week we will be getting a look at the state of inflation in the US.

Have a pleasant evening.