Gold Daily and Silver Weekly Charts – Option Expiry on the Comex – History Lesson

from Jesse’s Café Américain

I think it is telling, if not a bit amusing, that the two presumptive presidential candidates are not only disfavored but actually despised by a greater percentage of the people than ever before.

Well, it tracks with the arrogant propensity to continually misprice the risks, thinking that we can be as gods, and the market is our instrument of service.

Besides ‘it is different this time’ the most damaging assumption about what comes next is ‘well, it has not happened yet.’

The madness of greed and hubris that drives all this will serve none but itself.

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