27 September 2018

Stocks and Precious Metals Charts - Living the Dream - Life Imitates High School


"You who make wicked judgements,  who write oppressive laws, to deprive the needy of justice, and to rob the poor of their rights, that widows may be your victims, and that you may make the orphans your prey— what will you do on the day of reckoning, when the consequences come from afar? To whom will you run for protection, and where will you hide your wealth?"

Isaiah 10:1-3

Gold and silver were lower today as the Dollar regained some strength within its recent trading range.

It may be cynical, but I also expected gold futures to take a gut check after the recent expiration. And there it is.

Stocks were marginally higher on a renewed appetite for risk, although they gave up much of their gains into the close.

I did not have the opportunity to watch the confirmation hearings on television today, which seemed to occupy most channels.

Life, indeed, imitates high school.  Especially among a pampered, ruling elite.

We will be seeing a Non-Farm Payrolls report for September next Friday, as well as the ISM Manufacturing and Service numbers.

Have a pleasant evening.