18 February 2021

Stocks and Precious Metals Charts - Perverse Individualism

 

“Unbridled capitalism will lead to some very real problems.” 

Kenneth Rogoff

 

"Libertarianism helps conservatives pass off a patently pro-business political agenda as a noble bid for human freedom.   Practically speaking, it is a doctrine that owes its visibility to the obvious charms it holds for the wealthy and the powerful."

Thomas Frank

 

“All utopias are dystopias.  The term dystopia was coined by those that believe a utopia can be functional.” 

A.E. Samaan 

 

"I know nothing that I may say can influence you.  You have no souls to be influenced.  You are spineless, flaccid things.  You are lick-spittles 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

 

Life expectantly in the US fell by the most since WW II.

Yay us.

Stocks took a dive this morning but managed to gain quite a bit back.

Perhaps not yet, but one day in the not too distant future they are going to take a dive and then go down into a fairly impressive correction.  

Gold held in unchanged in spite of a determined bear raid, again.

Silver not so much.  

Option expiration for stocks tomorrow.

China gets back to business next week.

There is a Comex metals expiry on the 23rd, but it is not important.

There is a video at the bottom that gives a nice legal summary of the impeachment.

 Caution, it is fact-based.

Have a pleasant evening.