Jesse's Café Américain (pseudonym) is a popular financial and economics blog where host Jesse writes about the economy, market movements and the political shenanigans behind them. His charts on precious metals are an excellent resource for technical traders.
Stocks powered higher today, based on the same non-reasons for which they were higher on Friday.
Robert Bolt, A Man For All Seasons
"And because of the increase in lawlessness, the love of most will grow cold."This is the 'hysteria' that I predicted about ten years ago. And it is attributable to a loss of 'groundings' and anchors in the things that truly matter, and a sense of uncontrolled change. People are tossed adrift, vulnerable to manipulation of their own emotions. And it takes a certain kind of moral grounding in one's priorities, courage perhaps, and a comfort in one's own skin not to join in.
Margaret Roper: Haven't you done as much as God can reasonably want?Gold and silver were pretty much flat along with the US Dollar. I am fairly confident that, barring unforeseen circumstances, that they will be much higher in price within the next few years. I am just not willing to predict any remarkable rallies, because too often just turns into a cheap way of trying to make a name for oneself.
Thomas More: Well, finally— it isn't a matter of reason. Finally it's a matter of love.