20 May 2014

SP 500 and NDX Futures Daily Charts - Complacency 'R Us


"People of privilege will always risk their complete destruction rather than surrender any material part of their advantage."

John Kenneth Galbraith

But not everyone gets in on it. 

Have a pleasant evening.




Elizabeth Warren On the Colbert Report


For non-US readers, and those unfamiliar with him, Stephen Colbert's persona on this show is a parody of a corporatist talk show host.

In times of general deceit, the truths are told in cabarets and comedy.



19 May 2014

Gold Daily and Silver Weekly Charts - The Usual


The capping in the metals is obvious.

There is no economic news or theory that is needed otherwise to explain it.

The question is how long it can last.

Have a pleasant evening.