24 June 2020

Stocks and Precious Metals Charts - Comex Options Expiration for the Metals Tomorrow

“Those who can make you believe absurdities, can make you commit atrocities.”


“Rather than justice for all, we are evolving into a system of justice for those who can afford it. We have banks that are not only too big to fail, but too big to be held accountable.”

Joseph E. Stiglitz

“There is a power that can be created out of pent-up indignation, courage, and the inspiration of a common cause, and that if enough people put their minds and bodies into that cause, they can win. It is a phenomenon recorded again and against in the history of popular movements against injustice all over the world.”

Howard Zinn

Stocks took a dive today, and only managed to scrape back a little of their losses in the closing hour.

Gold and silver were also hit a bit today, with the dollar stronger.

This looks like a pull back after a recent rally high, and of course, a prelude to the Comex option expiration tomorrow.

All in all, nothing to get too worked up about.

I came in fairly short stocks this morning, but took them all off in the afternoon.

Now I am waiting to see how gold and silver hold up.

Let's see how tomorrow goes.

Have a pleasant evening.