Stocks and Precious Metals Charts — A House of Desolation

“God who gave us life gave us liberty. Can the liberties of a nation be secure when we have removed a conviction that these liberties are the gift of God? Indeed I tremble for my country when I reflect that God is just, that His justice cannot sleep forever.”
Thomas Jefferson Memorial, Northeast Portico
‘A true opium of the people is the belief in nothingness after death, the huge solace, the huge comfort of thinking that for our betrayals, our greed, our cowardice, our murders, we are not going to be judged.’
Czesaw Miosz
“I urge you, brothers and sisters, to beware of those who cause arguments and put obstacles in your way with things that are contrary to the teachings you have learned. Keep away from them. For such people are not serving our Lord, but their own vain appetites and inclinations. By smooth talk and flattery they deceive the minds of naive people.”
Romans 16:17-18
Stocks set new highs, and gold and silver corrected a bit on a quiet Comex option expiration. The charts continue to exhibit interesting patterns and excesses.
The economic news of The Recovery meanders along its mediocre path, with a rise in long term unemployment and the sluggish growth in the broader economy driven by an exhausted middle class and staggering working poor.

This post was published at Jesses Crossroads Cafe on 25 MAY 2017.