Stocks and Precious Metals Charts - Our Modern Know-Nothings - History Repeating

"I am not a Know-Nothing. That is certain. How could I be? How can anyone who abhors the oppression of negroes, be in favor of degrading classes of white people? Our progress in degeneracy appears to me to be pretty rapid. As a nation, we begin by declaring that 'all men are created equal.' We now practically read it 'all men are created equal, except negroes.'

When the Know-Nothings get control, it will read 'all men are created equal, except negroes, and foreigners, and Catholics.'When it comes to this I should prefer emigrating to some country where they make no pretense of loving liberty-to Russia, for instance, where despotism can be taken pure, and without the base alloy of hypocrisy."- Abraham Lincoln, August 24, 1855

Some stocks were a little wobbly after their recent parabolic gains.

We may see more signs of instability as the bubble proceeds to its natural conclusion.

Gold was up a bit, silver not so much.

The active months in the gold contract are now October and December. For silver the most activity is now in December.

The Dollar was once again unchanged at 92.67. Three days in a row.How about that.

There will be a Non-Farm Payrolls report on Friday.

Have a pleasant evening.

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