Stocks and Precious Metals Charts - Why We Can't Have Nice Things

 

"They claim to be super-patriots, but they would destroy every liberty guaranteed by the Constitution. They demand free enterprise, but are the spokesmen for monopoly and vested interest.  Their final objective toward which all their deceit is directed is to capture political power so that, using the power of the state and the power of the market simultaneously, they may keep the common man in eternal subjection." 

Henry Wallace, 9 April 1944

 

“Above all, don't lie to yourself.  The man who lies to himself and listens to his own lie comes to a point that he cannot distinguish the truth within him, or around him, and so loses all respect for himself and for others. And having no respect he ceases to love.”

Fyodor Dostoevsky, The Brothers Karamazov

"As you have willed it, so your house is now yours to command— but it is made desolate.’”

Matthew 23:38

Another wild day on Wall Street, as stocks once again had wild swings, ending higher than yesterday's close, but much lower than their open today as you can see on the charts.

It was a ranging, volatile day. 

This is one dangerous market.

Gold and silver rose a bit.

The Dollar chopped sideways.

Wash, rinse, repeat.

Have a pleasant weekend.