09 July 2019

Stocks and Precious Metals Charts - Dog Days Afternoon

"The press of the United States?  It is a parasitic growth that battens on the capitalist class.  Its function is to serve the established by moulding public opinion, and right well it serves it.

I know nothing that I may say can influence you.  You have no souls to be influenced. You are spineless, flaccid things.  You pompously call yourselves Republicans and Democrats.  There is no Republican Party.  There is no Democratic Party. 

There are no Republicans nor Democrats in this House.  You are lick-spittlers and panderers, the creatures of the Plutocracy.

You talk verbosely in antiquated terminology of your love of liberty, and all the while you wear the scarlet livery of the Iron Heel.”

Jack London, The Iron Heel

Now are the dog days of our discontent.

The markets were largely unchanged today, stepping back and forth from one foot to the other.

They wait with bated breath to hear the pronouncements of the Fed Chair on Wednesday and Thursday to the Congress.

Have a pleasant evening.