Stocks And Precious Metals Charts - The Idylls Of Mammon

black android smartphone turned on screen

Image Source: Unsplash

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.


More By This Author:

Stocks And Precious Metals Charts - Gold Speaks Uncomfortable Truths
Stocks And Precious Metals Charts - Apparitions Of Prosperity
Stocks And Precious Metals Charts - King Dollar Declined

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 ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.