Bernie Sanders on BBC Show Hardtalk

Updates will be sporadic this week.

The queen is in hospital for treatment of dehydration, observation and testing.

The interviewer in the video below is Stephen Sackur.

I thought Bernie handled him brilliantly.

Stocks and Precious Metals Charts - Blues en Mineur 1940

"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

There was a stock option expiration for June on this Friday past as noted on the option calendar below.

There will be a Comex option expiration for the precious metals on June 27th which is the Tuesday after next.

The economic news still indicates an economy that is faltering on the edge of a sustainable recovery. The biggest problem is still the lack of real income (wage) growth among the breadth of the participants in the real economy.

I am afraid that the deck is still stacked pretty much against the 99% because of financial, regulatory, and political distortions in favor of the wealthiest few at the expense of the many.

Next week is a bit light on economic news. That calendar is also included below as well as the results of economic announcements for this week past.

See you next week.

A Few Select Charts

The Lord is my light and my salvation—
       whom shall I fear?
The Lord is the stronghold of my life—
       of whom shall I be afraid?

Psalm 27

I will most likely update the regular charts into the weekend.  It may be on Saturday.  We have tests and a doctor appointment tomorrow.

Have a pleasant evening.

Stocks and Precious Metals Charts - Dollar Dipsy-Doodle - A Brief Ray of Light

There are three ledgers that are kept for us in God's economy:  kindness, compassion, and love.

Janet made hawkish noises to go along with the 25 bp interest rate increase today.

I don't think they will be raising rates much more this year, if the economy is doing as badly as the data and the fundamentals seem to indicate to me.

The US dollar plunged on the rotten economic news this morning.   And then rallied hard this afternoon on the Fed's hawkish noises.  A chart of that intraday is below.

The queen was in the emergency room this weekend, and will be going in for some more tests on Friday. She had a major seizure and fell and hit her head on the refrigerator last Thursday, and that has introduced some additional concerns and problems and challenges to care.

I am catching sleep as I can during the day mostly, and watching the queen pretty much all the time otherwise.  Even if I fall asleep in the chair I am positioned to hear her if anything is going on.  She has a tendency to get up and try to do things on her own, which is not wise. On Sunday night I stopped her choking on her own regurgitation.

Right now one of our angel friends is sitting with her, while I run out to pick up some prescriptions.

Have a pleasant evening.

No Updates Tonight - FOMC Decision Tomorrow

Busy day.

Waiting for doctors' calls. They are conferring.

I won't go into the details, but this has been going on since Thursday.

It's one of those cross-disciplinary things not easily revealed by testing and exams.

Life with the seriously ill is never uneventful.  God must feel the same way about His spiritually sick children—  always getting into mischief and trouble despite the Divine physician's best efforts

The FOMC will be announcing their June rate decision tomorrow.   I think it is likely that they will raise rates 25 bp.   Any announcements about their bloated balance sheet will be watched with interest.

Chris Whalen thinks that the increase tomorrow, if there is one, may we the 'last one for years.'

Have a pleasant evening.