11 June 2021

Stocks and Precious Metals Charts - Snooze-a-rama - Just Another Day in the Oligarchy


"A highway will be there, called the holy way;
No one unclean may pass over it, but it will be for his people;
no traveler, not even fools, shall go astray while on it."

Isaiah 35:8


"You are the very cause of your ignorance, yourselves. You put away the light, yourselves; you first pluck out both your own eyes, yourselves; and after that other men’s too, so that the blind may lead the blind, until you both fall into the pit.” 

Thomas More 


"How vainly seek
The selfish for that happiness denied
To aught but virtue! Blind and hardened, they,
Who hope for peace amid the storms of care,
Who covet power they know not how to use,
And sigh for pleasure they refuse to give,--
Madly they frustrate still their own designs;
And, where they hope that quiet to enjoy
Which virtue pictures, bitterness of soul,
Pining regrets, and vain repentances,
Disease, disgust and lassitude pervade
Their valueless and miserable lives."

Percy Bysshe Shelley, Queen Mab


Stocks were just oscillating around in lackluster and largely meaningless trading.

A last minute goose higher into the close gave the spokesmodels an excuse to pump their pom-poms for a 'record close' on the cash SP 500.


Gold was lower on the Dollar cross.

Silver eventually followed.

There will be a stock market option expiration next week.

Have a pleasant weekend.