"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat
Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput
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Gold - weekly chart analysis
Your guidance and pearls of wisdom are always appreciated by all of us although many of us don't have the extra luxury of time to let you know that.
ReplyDeleteHave a great and relaxing weekend.
Excellent insight. The "little" things matter. Thanks again for all that you do.
ReplyDeleteThanks Dan - looking forward to tomorrow's KWN's metals wrap.
ReplyDeleteYes, however in those legs higher, gold didn't have silver beating the crap out of it every day on a daily basis as of late. While gold consilidates, silver still performs on this go around. I wonder how much momentum silver will divert from gold this time around and will those legs higher be anywhere close to the levels seen previously?
ReplyDeleteHey Dan, we're very close to breaching the debt ceiling. Any thoughts on how that will affect PM's and the market in general ? There doesn't seem to be any urgency to deal with the issue, as far as the media is concerned anyway.
ReplyDeleteThat's a "swiss stair" accumulation, isn't it Dan?
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