22 June 2020

Stocks and Precious Metals Charts - Gradually, and then Suddenly

"For the hearts of these people are hardened, and their ears cannot hear,
and they have closed their eyes, so their eyes cannot see,
and their ears cannot hear, and their hearts cannot understand,
and so they cannot turn to me, and let me heal them."

Matthew 13:15

"They do not see the image of Almighty God before them, and ask themselves what He wishes: if once they did this they would begin to see how much He requires, and they would earnestly come to Him, both to be pardoned for what they do wrong, and for the power to do better.  And, for the same reason that they do not please Him, they succeed in pleasing themselves."

John Henry Newman

"The wealthy, not only by private fraud but also by common laws, do every day pluck and snatch away from the people some part of their daily living.  They invent and devise all means and crafts, first how to keep safely without fear of losing that which they have unjustly gathered together, and next how to hire and abuse the work and labor of the people for as little money and effort as possible."

Thomas More

"Thomas More: When a man takes an oath, Meg, he's holding his own self in his own hands. Like water. And if he opens his fingers then— he needn't hope to find himself again."

Robert Bolt, A Man For All Seasons

"Blessed Thomas More is important today, but he is not as important now as he will be in one hundred years from today."

G. K. Chesterton, 1929

Gold and silver gave it a good try, but were unable to hold a breakout.

Both metals finished just below the key overhead resistance.

Stocks managed to put in some gains again, and this time hold them.

We *might* see a determined attempt to paint the tape into the end of the second quarter.

Have a pleasant evening.