15 March 2016

Gold Daily and Silver Weekly Charts - The Vultures


"We see dimly in the Present what is small and what is great,
Slow of faith how weak an arm may turn the iron helm of fate,
But the soul is still oracular; amid the market's din,
List the ominous stern whisper from the Delphic cave within,—
'They enslave their children's children who make compromise with sin.'


Truth forever on the scaffold, Wrong forever on the throne,—
Yet that scaffold sways the future, and, behind the dim unknown,
Standeth God within the shadow, keeping watch above his own."

James Russell Lowell

The precious metal markets appear to be seriously interested in what the FOMC has to say tomorrow afternoon around 2 PM EDT.

In fairness to Mr. Rubio, in reference to the video with Greg Palast below, almost all of the mainstream candidates have some 'vulture' perched on their shoulders. The only thing that is new about all this is that the Democrats have wholeheartedly embraced the corrupting power of Big Money since the Clintons rolled into town in the 1990's.

The world watches, and it sees what we may not.

And because our eyes are firmly closed, when they react accordingly, we can pretend to not understand why.

And the 'economic hitmen' are coming back and actively operating now on American soil. Watch what happens next.

Have a pleasant evening.









SP 500 and NDX Futures Daily Charts - Clinkety Clack


The markets were again just futzing around, waiting to hear from the Fed tomorrow, or something else that will give them a catalyst for movement one way or another.

They are edgy, like a poker player, clinking their chips around while waiting to make some kind of move.

Have a pleasant evening.






14 March 2016

Gold Daily and Silver Weekly Charts - FOMC Announcement on Wednesday the 16th


Today was a lightly traded day, with plenty of antics as the markets wait for something to act on, and if not, then anything the Fed might have to say on Wednesday.

The US dollar was a little higher, and the precious metals moved a little lower in a fairly deliberate two step.

It was generally a 'snoozer' of a day.

Have a pleasant evening.