Weekly Gold and Silver Flows In Funds and ETFs

Flowing, from West to East.

We seem to have indications of a durable bottom being formed.

Let's see if that trend continues.

Funny Finance, or How I Learned to Stop Worrying and Love the Banks

Who could have seen it coming?

When Economic Models Meet Reality

The Mispricing of Risk

Innovation in Financial Products

Aftermath of a Financial Bubble 

Allocating Precious Liquidity

Inside Nikki Haley's Shocking Speech to Secretive Far-Right Group

"Just days before she resigned as UN Ambassador, Nikki Haley delivered a private speech to the Council for National Policy, a secretive group of influential right-wing figures. Journalist Max Blumenthal obtained exclusive access and reveals shocking details -- including Haley's admission that she threatened the Chinese ambassador with a US invasion of North Korea."

The gist of this interview is that Nikki Haley was being lauded by the liberal media and the corporate Democrats as standing out in the Trump administration as a moderate, and even as a 'woman of color.'

It is similar to the rehabilitation of  George W. Bush amongst the Democratic political elites.  Its like he and Bill Clinton are political cousins.  And in some ways they were.  And the Obamas and Hillary will suck up to anyone who is an insider and an enabler of the moneyed interests, like themselves.

The interview makes the case that the goal posts have moved so far to the right that even war hawks and neo-liberals are starting to look like benign moderates.

The move has been so steady and gradual and so protracted that most don't even notice, how 'flaming socialists' like Obama are really yesterday's corporate Republicans.

You may see the original article at The Real News Network.

Stocks and Precious Metals Charts - It's the Little Things - Markets Coiling for a Move

Even the winter won't last forever
We'll see the morning, we'll feel the sun
We'll wake up in April, ready and able
Sowing the seeds in the soil

Even the darkness cannot disarm us
We'll see the morning, we'll feel the sun
We'll break up the earth, 'cause we know
That it's worth it
Sowing the seeds in the soil
Of our love.

Audrey Assad, Even the Winter

Stocks had another ranging day, with a sweep from the highs to the lows. The SP 500 finished nearly unchanged with the tech heavy Nasdaq a little weaker.

All in all it was a stock option expiration, and the market was looking for a direction.

At this point the right kind of trigger event is going to send this skittish market much lower. I am looking around the 2500's on the SP 500 futures, so it could be quite a wild ride.

But the lack of organic action and 'investment' buying, as opposed to short term gimmickry, makes this a difficult market to trade.

Gold and silver finished largely unchanged as the Dollar gave up a little of its strength from yesterday.

I was getting restless watching this inane market action in the late morning. And so I asked the Lord for something to do to make things better in the world.  And I kid you not, I found myself almost immediately directed to thoroughly cleaning and scrubbing the bathroom, top to bottom. I think the Queen was listening in on that conversation. Not a doubt in my mind.

Little consolations and tender mercies.  They are there, where you least expect them.  And there resides peace of mind, and an easy heart.

Well after that task was completed, I went outside and trimmed some late growth in the trees and hedges and shrubs, and cleaned up the front lawn. We cracked the freezing mark here last night. The temperature dipped to about 27 degrees, which was quite chilly to say the least. But it warmed up today, and the afternoon was one of those glorious autumn days when working outside is just the right thing to do.

Need little, want less, and love more. Because those who abide in love abide in God, and God in them.

Have a wonderful weekend.