28 September 2016

No Updates Tonight



Just another day in The Recovery™.

The markets are so boring I am taking a day off.

The precious metals option convert into new futures positions if they are 'in the money' so any new longs are getting a bit of a 'gut check' today.

See you tomorrow.

Have a pleasant evening.

27 September 2016

Gold Daily and Silver Weekly Charts - A Quiet Option Expiration - Coiling


Today was the October Options expiration on the Comex.

The warehouses and deliveries were quiet yesterday.

Gold and silver are continuing to coil on the charts.

Not one thing has changed.

Do not be deceived.  What one sows, that also they will reap.

And the elite are preparing themselves a banquet of consequences.

You bring the butter and popcorn.  I will bring the salt.

Have a pleasant evening.






SP 500 and NDX Futures Daily Charts - And the Winner Is...


Not us.

Have a pleasant evening.


As a Reminder, Today Is a Precious Metals Option Expiration on the Comex


I ought to have reminded you again last night about this one in case you had forgotten.


26 September 2016

Gold Daily and Silver Weekly Charts - Flight to Safety, Bread and Circuses


It was 'risk off' today, led by jitters about the worsening situation with the global banks, led by Deutsche Bank.

As such, stocks sold off and Treasuries and gold rallied.

Interesting that both gold and the US dollar sold off today as well.

The 'big debate' is tonight.  Ugh.

Have a pleasant evening.



SP 500 and NDX Futures Daily Charts - Risk Off


Today was a risk off day in the markets as the speculators were selling stocks and buying Treasuries as a proxy for the Douleur du Monde.

Or perhaps more precisely, they were selling its counterweighted currencies in the DX index.

The 'big debate' is tonight.

No debate on what we will be watching here, especially with the queen visiting with friends and relations from North Carolina and Maryland.

The new season of Gotham is all that we have waited for in action drama, and The Big Bang Theory is always a hoot.   And for the young man, there is Monday Night Football.  lol

We don't need to watch the lesser of two evils, and their race to the bottom of the barrel.

Have a pleasant evening.