17 December 2012

SP 500 and NDX Futures Daily Charts


Late day rally after week NY Fed Empire report this morning.

Trading is thin for the holiday season already. Shenanigans abound.




Net Asset Value Premiums of Certain Precious Metal Trusts and Funds



Premiums remain rather thin on the Sprott funds in particular.

First Majestic paid a 69% premium over the 30 day average price in a friendly acquisition of Orko Silver it was announced this morning.



14 December 2012

Gold Daily and Silver Weekly Charts - Going Home







SP 500 and NDX Futures Daily Charts


"And can the liberties of a nation be thought secure when we have removed their only firm basis, a conviction in the minds of the people that these liberties are of the gift of God? That they are not to be violated but with his wrath?

Indeed I tremble for my country when I reflect that God is just: that his justice cannot sleep for ever.

Thomas Jefferson, Notes on the State of Virginia, Chap. XVIII