Gold Daily and Silver Weekly Charts - B-O-R-I-N-G

Coiling, coiling, capping, capping, lying, lying...

May is certainly an 'inactive month' for the metals.

Except for the occasional trading antic, the metals action on the Comex seems to be drying up. 

And who can blame people for not bothering to trade paper so artificially?

The real action is in the physical markets of Asia and the Mideast.

Have a pleasant evening.

 

SP 500 and NDX Futures Daily Charts - Paint Drying

These markets are beyond boring. Looks like an intermediate top is in the making, but it is being buoyed by the Fed's printing on behalf of its Wall Street cronies.

Have a pleasant evening.

Gold Daily and Silver Weekly Charts - À Chaque Fou Plaît Sa Marotte

Marlon Brando in The Ugly American

"Plus ça change, plus c'est la même chose."

Jean-Baptiste Alphonse Karr, Les Guêpes

There was a 'Dr. Evil' style headfake overnight, a typical clumsy and brazen 'sell at market' in a quiet period.

Commentary and chart here.

Prices on the metals rose during the day to the capping region, and were subsequently-- capped.  Great success.

"Every fool is pleased with their own foolishness."

If you wait long enough, you will see everything happen all over again, with modest differences in faces and places.

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Rise of the Modern Prometheus

"Corporations are not concerned with the common good. They exploit, pollute, impoverish, repress, kill, and lie to make money. They throw poor people out of homes, let the uninsured die, wage useless wars for profit, poison and pollute the ecosystem, slash social assistance programs, gut public education, trash the global economy, plunder the U.S. Treasury and crush all popular movements that seek justice for working men and women. They worship money and power.

Chris Hedges

Life imitates The Hunger Games.

And may the odds be ever in your favor.

Have a pleasant evening.