19 September 2018

Stocks and Precious Metals Charts - A Dance of Drudgeons - Winter Is Here


"[Hillary] Clinton tells Maddow that she [Hillary] was an obstacle to Russia's plan to undermine our democracy, and suggests we should be scared of the Kremlin's grand designs. The lengths these people will go to protect their privilege and deflect from their own failures is staggering, and a real threat...

I've said that Russiagate is an act of elite projection. For example: we hear endless warnings that the Russians seek to undermine confidence in US democracy. But what is the impact of Dem elites, like Clinton, proclaiming that 'the legitimacy of our elections is in doubt'?"

Aaron Maté


"The lady doth protest too much methinks."

William Shakespeare, Hamlet


"In the narcissist's surrealistic world, even language is pathologized. It mutates into a weapon of self-defence, a verbal fortification, a medium without a message, replacing words with duplicitous and ambiguous vocables.

When narcissism fails as a defense mechanism, the narcissist develops paranoid narratives: self-directed confabulations which place him at the center of others' allegedly malign attention."

Sam Vaknin


“She never forgets a slight, real or imagined.  She takes caution for cowardice and dissent for defiance.  And she is greedy.  Greedy for power, for honour, for love.”

George R. R. Martin, on Cersei Lannister


“It is not love that should be depicted as blind, but self-love.”

Voltaire

The question is not who is worse, and who would be the most damaging to the public, the familiar 'lesser of two evils'.   It appears to be a forced choice between competing crime families.

The real question that most independent thinkers have on their minds is: What is wrong with a system that keeps forcing such corrupt, broadly unpopular, and dreadful choices upon us, and what must we do to change it?  Hint: the corrosive and corrupting power of big money and elite establishment exceptionalism as rationale against reform

Stocks were mixed today, as big cap tech, the lead sled dogs on the way up, continue to churn around and presumably consolidate their gains ahead of the next move.

Gold and silver are rangebound.   It is not clear yet which way they might break for the short term.  I can see a case on the charts for another plunge lower from a technical standpoint to shake out the longs and let the wiseguys cash in on their shorts before the next move higher.

Have a pleasant evening.