Gold Daily And Silver Weekly Charts – Take Your Stinking Paws Off Me

It was capping time again, as gold and silver continued to chop sideways. 

Stocks moved higher slowly on bad economic news, moving like a stumbling herd of zombies in The Walking Dead.

Bear in mind that tomorrow is a stock market option expiration, and the games were being played in selected stocks, including the miners, this week.

The Central Banks have made a right mess of things in the US and Europe, haven’t they? They can play the plausible deniability card all day long, like the politicians and CEOs who are fabulously overpaid and over privileged tend to do.

But as a powerful regulator and monetary authority, and a major influencer of the prevailing economic opinions,  they really have no excuses for the serial disasters that they have spawned, in the service of the crony kleptocracy centered around the Banks.

The Anglo-American financial system reminds me of the original Planet of the Apes. The central banks are gorillas. They have all the horses and the guns, and they ride around and shoot the human beings. 

Have a pleasant evening.