20 October 2016

19 October 2016

Gold Daily and Silver Weekly Charts - The Lid Is Still On the Metals


The metals showed a little more action this morning, but the lid stayed firmly on the kettle.

Let's hope it does not make a mess when it boils over.

They'll never learn.

Have a pleasant evening.




SP 500 and NDX Futures Daily Charts - Sailor Moon


US equities are floating on a sea of liquidity and a gross mispricing of risks.

Not to mention an exceptional sense of privilege and dare I say, arrogance, in the financial class.

Have a pleasant evening.