10 September 2020

Stocks and Precious Metals Charts - The Wild Ones


"Fellow-citizens, we cannot escape history.  We of this Congress and this administration, will be remembered in spite of ourselves. No personal significance, or insignificance, can spare one or another of us.

The fiery trial through which we pass, will light us down, in honor or dishonor, to the latest generation.  We say we are for the Union.  The world will not forget that we say this.  We know how to save the Union.  The world knows we do know how to save it.  We -- even we here -- hold the power, and bear the responsibility.  In giving freedom to the slave, we assure freedom to the free -- honorable alike in what we give, and what we preserve.

We shall nobly save, or meanly lose, the last best hope of earth.  Other means may succeed; this could not fail.  The way is plain, peaceful, generous, just -- a way which, if followed, the world will forever applaud, and God must forever bless."

Abraham Lincoln, December 1, 1862

 

Stocks tried to sustain a bounce back higher again today, but alas it was not to be.

The dip-buying bulls were whip-sawed, in the finest Wall Street tradition.

Gold and silver were hit rather hard, but managed to finished unchanged for gold, and just a bit lower for silver.

The dollar also finished largely unchanged.

The Recovery seems to be headed in the wrong direction.

Tomorrow we will again remember the sad events of 9/11/2001.

We are expecting heavy rains this evening.

Stormy weather.

Have a pleasant evening.