11 September 2018

Stocks and Precious Metals Charts - Feels Like These Years Go So Fast - Storm Warnings


“Do not indulge in dreams of having what you have not, but reckon up the chief of the blessings you do possess, and then thankfully remember how you would crave for them if they were not yours.”

Marcus Aurelius


"History is a vast early warning system."

Norman Cousins


"Pride is at the bottom of all great mistakes."

John Ruskin

Hurricane Florence is heading towards North Carolina. After it makes landfall it is expected to move inland, and then linger there.

The rainfall that it is expected to bring is being measured in 'feet' rather than in 'inches.' Flooding inland is expected to be a major problem, and can prove to be quite dangerously destructive, and potentially deadly.

Twenty American military veterans commit suicide on average every day, according to a recent report from the US Department of Veteran Affairs.

Stocks were attempting to get a little liftoff. Let's see if they can follow through.

Gold and silver continue to linger around these levels, with gold pushing up against the 1200 'round number' resistance.  The setup is ready for a major rally, but it appears that it may take some catalyst to turn the trend around higher and cripple the current short selling of paper on the Comex.

The truth is going to emerge, to borrow a phrase.

Have a pleasant evening.