The Bucket Shop managed to hold gold below the 1180 level, thereby allowing most of the calls for the option expiration to go out worthless. Oh well done.

There was intraday commentary about the Greek situation which may be actually coming to some sort of resolution over the next few weeks. You may read that here.

The Supreme Court upheld 'Obamacare' today, from a highly technical objection about some wording. Despite Scalia's thuggish rants, it really was a no-brainer. At the end of the day it is better than nothing but not by much. It is a hand-crafted piece of legislation from the healthcare and pharmaceutical industry that was spawned by the conservative corporatists and adopted by Barack 'Sell Out' Obama. Same thing for the TPP by the way, which is why it was so easy for him to team up with the House GOP to defeat his own progressives.

I had to laugh when I read that this is the most liberal Supreme Court in so many years. The Citizen's United boys? That is about as Orwellian it gets. But if the rubes keep buying it, they will keep selling it.  Just like Comex precious metal options.

It will get crazier. There is a significant global change coming as the trends of the past forty to fifty years stretch to the extreme.

Unfortunately for us, gold and silver will once again be in the focal point of these changes.

Have a pleasant evening.