"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
Trader Dan's Work is NOW AVAILABLE AT WWW.TRADERDAN.NET
Thanks Dan. I love your work. Check this blog several times a day.
ReplyDeleteas always Thank You...have a great and relaxing weekend...
ReplyDeleteGDX/GLD smashed back to 2011 lows.
ReplyDeleteNo love for the gold stocks, as they are also perceived as "risky assets", and are being thrown out with the bath water with the rest of the S & P 500 constituents.
Master Norcini, would you give some opinion on Silver please?, many thanks for your time.
ReplyDeleteDan,
ReplyDeleteAny thoughts on Martin Armstrong's turn coming up on 6/13-6/14?