Gold Daily and Silver Weekly Chart - The Old Shell Game

SP 500 and NDX Futures Daily Charts - Sluggish Rally On Light Volume

Qualcomm missed earnings and revenues and guided down.

IBM hit their earnings but missed revenue.

With the business largely concentrated in services, the 'movement' and costs and earnings makes their accounting very flexible, somewhat deceptively so.

This rally looks tired, but there is such light participation in the market that nothing is going to happen until the trend is struck, and the momentum monkeys pile on to it.

Gold Daily and Silver Weekly Charts - Pretty Much Meaningless

This is the fog of currency war.

The Anglo-american banking cartel has a huge vested interest in maintaining the status quo of the US dollar reserve currency.

Gold, and to a somewhat lesser extent silver, are benchmarks that show the true health of the fiat monetary system if they are left for the market to freely decide their value.

So the Banks do not leave gold and silver alone, but rather take consistent efforts to attempt to control their increasing prices and manage the perceptions, for the sake of the currency in the case of the central banks, and for their own ill-gotten profits in the case of the private Wall Street banks.

It is very similar to LIBOR, but more prolonged and further reaching. This is not about mortgage or car loan rates; this is the reserve currency of the world, and affects all.

SP 500 and NDX Futures Daily Charts - Slowing Volume, Creeping Economy

This is what they call a 'dull market.'

INTC and CSX after the bell seem to confirm that the economy is slowing, but corporate profits remain sound due to accounting gimmicks and government loopholes.

Wynn Resorts disappointed all around, with grow light in Macau.

Yahoo missed revenue beat earnings. Its an accounting thing.