Stocks and Precious Metals Charts - A Look Behind the Curtain

 

"This elite-generated social control maintains the status quo because the status quo benefits and validates those who created and sit atop it. People rise to prominence when they parrot the orthodoxy rather than critically analyze it. Intellectual regurgitation is prized over independent thought. Voices of the dispossessed, different, and un(formally)educated are neglected regardless of their morality, import, and validity. Real change in politics or society cannot occur under the orthodoxy because if it did, it would threaten the legitimacy of the professional class and all of the systems that helped them achieve their status."

Kristine Mattis, The Cult of the Professional Class, April 4, 2016

“If you shut up truth and bury it under the ground, it will but grow, and gather to itself such explosive power that the day it bursts through it will blow up everything in its way.”

Émile Zola, as quoted in Dreyfus: His Life and Letters, 1937


Stocks sold off rather hard, triggered by disappointments in the tech giants earnings reports, and increased chatter about a renewal of the kinetic conflict in the Mideast. 

This *might* just be a major wobble, or the start of something more significant.

One pattern I always like to keep in mind is 'Bad Friday-Blue Monday-Black Tuesday.'

Gold and silver were hammered.

Bitcoin slipped on hacking concerns. 

The US midterm elections are coming up next week.

Bring popcorn.  Pivotal events unfolding.

Have a pleasant weekend.