Gold and Silver Holdings in Trusts and Funds

Very Long Term Gold Chart

The chart formations are a bit sloppy for the moment.

There are some possibilities, but they require fleshing out.

And until 1370 is taken out, they are just lines on a piece of paper.

The levels of support and overhead resistance are quite clear.

Stocks and Precious Metals Charts - Bubble Up To the Bar - Stocks Rise Ahead of Three Day Weekend

“Man has places in his heart which do not yet exist—  and into them enters suffering, in order that they may have life.”

Léon Bloy


"Remember us, O Lord, in your loving kindness and tender mercies, as they ever have been from old."

Psalm 25:6

Stocks rose today in the face of poor economic news led higher by the SP 500 futures.

What a surprise.

Gold and silver also turned higher, with gold sticking a close over the 1320 resistance.

The Dollar moved lower.

Markets in the US will be closed on Monday for President's Day.

Repentance, forgiveness, and thankfulness.  These are the greatest gifts of all.

Have a pleasant weekend.

Stocks and Precious Metals Charts - The Gig and Glitch Economy - Options Expiration Tomorrow

“Love is our true destiny... The point where you become free not to kill, not to exploit, not to destroy, not to compete, because you are no longer afraid of death or the devil or poverty or failure.  If you discover this nakedness, you’d better keep it private.  People don’t like it.

 We do not find the meaning of life by ourselves alone - we find it with another.”

Thomas Merton, Love and Living

Stocks were knocked for a loop today when the retail sales number for December came out to be the worst in the Great Recession. Administration spokesmodel Larry Kudlow dismissed it as a 'glitch.'

There are a lot of glitches out there in the official narrative, if you have not yet noticed.

Gold would not be denied, although it remains in the shorter term trading range. Pretty much the same for silver which seems to be tagging along.

Stock option expiration tomorrow.

It looks like the Senate has the votes to prevent another shutdown. Trumpolini is making orangutan noises about signing it, but seems to have little choice, except to declare a national emergency.

The trade talks with China seem to be stuck in a rocky patch.

Happy Valentine's Day.

Have a pleasant evening.