Today was the end of the first quarter for 2017. And the paint is now dry on the tape.
The economic news, of at least the 'hard numbers' kind is not particularly good, as noted on the economic calendar included below.
Next week we will be enjoying another Non-Farm Payrolls Report.
You might be surprised to hear that corporate profits are up 10%, and the wealthy are enjoying very fat returns on their paper assets.
The common person, not so much.
The news on the tests was not very good, and so we will be going back for another round of treatments for a new tumor in the brain. Well, at least this explains why the queen's memory and awareness have been so dodgy for the past six weeks. And she has been having light seizures and fatigue, so it has been a bit of a task to keep an eye on her and still carry on the household duties. Let's see I may have seen this one coming.
Let us see how things develop for the metals next week. April looks to be a more lively month for gold and perhaps for silver, judging by the first clearing reports for both included below.
The 'defense' by the gold bears which is so obviously being waged around the 1250 level is more related to the neckline of a developing inverse head and shoulders bottom pattern as noted on the chart. I have been watching this for some time.
Some think the key battle if gold moves higher will be around the prior 'Trump election night high' for gold. I think it will be a little north of there, but that may be more of a quibble. It looks like we might be seeing a much larger pattern on the gold charts that could prove to be interesting.
It was nice that silver held its level. It took is operating on a longer term cup and handle which is fairly evident on the weekly chart. Silver could really get some legs if it starts breaking out.
Please remember all of God's creatures, including the birds and the animals, as well as the poor in material things and of spirit.
Above all never feel so powerless and afraid that you miss an opportunity to take part in the sacrament of the present moment. His angels and tender mercies are there, often unnoticed if we are distracted by our fears and desires. One could wish nothing more than to be a part of this celebration of true life.
Have a pleasant weekend.
