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Risk On - Among the Lowest Trading Volumes of the Year

IMG Auteur
Published : July 11th, 2020
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Category : GoldWire

"It is possible to make people contented with their servitude.  I think this can be done. I think it has been done in the past.  I think it could be done even more effectively now because you can provide them with bread and circuses and you can provide them with endless amounts of distractions and propaganda.

Aldous Huxley


"The purpose of bread and circuses is, as Neil Postman said in his book Amusing Ourselves to Death, to distract, to divert emotional energy towards the absurd and the trivial and the spectacle while you are ruthlessly stripped of power."

Chris Hedges


"Two things only the people actually desire now— bread and circuses."

Juvenal

Stocks were in melt up mode, especially after Europe went home for the weekend, and the denizens of Wall Street had the playground to themselves.

As you might expect most of the gains were centered on five stocks, the usual 'story stocks.'

Gold was off a bit with the Dollar in keeping with risk on.

But silver managed to pull back and close over the 19 handle. Good job.

We are enjoying a tropical rainstorm today. The winds are not bad at all, but the rain is rather intense at times.

Good. We needed it. The lawns were being baked into bricks.

During a 'mystery visit' at Walter Reed hospital Trumpolini passed a 'cognitive test' and boasted about it on Fox News.

Maybe this is the kind of simple verbal test for early dementia and strokes that doctors give to most of the elderly patients during routine visits. You know, like what year is it, the date, draw the hands on a clock, who is president. Very reassuring that he passed, which according to Trump apparently surprised and amazed the doctors. Congrats Donnie.

Need little, want less, love more. For those who abide in love abide in God, and God in them.

Have a pleasant weekend.





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