Stocks And Precious Metals Charts - The Idylls Of Mammon
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Stocks managed to put together another rally, with even the tech sector along for the ride.
The VIX fell.
The Dollar declined.
Gold and silver held a good push into their breakouts and put a spike near the highs at the close.
Wow.
There will be a non-farm payrolls report next week.
The problem with powerful organizations and people is that they lose focus on the bigger picture and eventually see only themselves.
Power and possessions will invoke in their adherents a kind of moral astigmatism.
And over time these elite often foster and advance some rather cruel and unusual economics and domestic policies which their academic and media sycophants are only too happy to rationalize and support.
Such are the ways of the worldly, and the allure of the abyss. As old as Babylon, and evil as sin.
Have a pleasant weekend.
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Disclaimer: These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is ...
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