Stocks And Precious Metals Charts - Clueless
Stocks moved sluggishly higher today led by the usual suspects in tech.
Gold and silver were largely unchanged as was the US dollar.
It is estimated that cash-rich US corporations, the recent beneficiaries of tax cuts, will be spending $2.5 Trillion on stock buybacks to inflate share prices to inflate stock option bonuses, dividends, and quite often anti-competitive merger and acquisition activity.
Half the American public is part of the 'working poor' who live paycheck to paycheck, unable to surmount any emergency costing more than a thousand dollars, without significant distress.
Are we not exceptional? Are you not entertained?
Need little, want less, love more. For whosoever abides in love abides in God, and God in them.
Have a pleasant evening.
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None.