“Seek the Lord, all you humble of the land,
who have observed his law;
Seek justice, seek humility;
And perhaps you will be sheltered
on the day of the Lord’s justice.
This was the triumphal city, high and mighty,
Saying to herself, ‘I am the one, and none dare stand beside me.’
How desolate now has she become, a place fit only for wild beasts.
Those who pass by her scoff, and shake their heads at her ruin.”
I have a feeling that we are going to be seeing some real fireworks in the precious metals before the end of the year.
But feelings really do not count in markets. But it is there, tempting my trading discipline. I know that you have never experienced that. lol.
Stocks bobbled a bit today. I also think we will be seeing a slide in stocks. But let’s see how the earnings come out, and what the Fed does about their bloated balance sheet.
While I am not so sure yet about where gold and silver and stocks are going, here are three things that I am pretty sure about.
1. There is no sustainable recovery. Basic items like housing and healthcare are fast outstripping the growth in real wages.
This post was published at Jesses Crossroads Cafe on 27 JULY 2017.