"The problem with movies and books is they make evil look glamorous, exciting, when it's no such thing. It's boring and it's depressing and it's stupid. Criminals are all after cheap thrills and easy money, and when they get them, all they want is more of the same, over and over. They're shallow, empty, boring people who couldn't give you five minutes of interesting conversation. Maybe some can be monkey-clever, some of the time, but they aren't hardly ever smart."
Dean Koontz
Stocks had a wide ranging day.
They managed to finish largely unchanged.
Gold and silver also followed a similar script.
As did the VIX.
The Dollar was higher.
There will be an option expiration on Friday.
It was another unseasonably warm day here today.
Great for getting those outdoor choires done.
Barbeque for dinner.
Have a pleasant evening.
Gold and silver paused today, consolidating their recent gains.
Stocks seem to be doing the same thing, and even gaining a bit of ground.
But some selling crept in during the late afternoon.
And the selling started to accelerate in the last hour, with stocks going out on the lows.
Stock option expiration on Friday.
Have a pleasant evening.
Bernard M. Baruch
"You have to choose between trusting to the natural stability of gold and the natural stability and intelligence of the members of the government. And with due respect to these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold."
George Bernard Shaw
Stocks were off again today, but gathered themselves and managed to take back quite a bit of the losses in the afternoon.
But gold and silver were the real surprise today, bolting higher and never looking back.
Who let the dawgs out?
Both metals smacked up through overhead resistance, and managed to take it up to the next key level.
My favorite silver miners were the stars on the board, gaining 10-15%.
Not bad for a day's work.
There will be a stock market option expiration this week Friday.
Comex precious metals option expirations next week.
Let's see if the metals can hold their ground and move higher.
Or not.
Have a pleasant evening.
