14 November 2019

Stocks and Precious Metals Charts - A Gathering of Vultures - Stock Option Expiration Tomorrow


“Just as it was in the days of Noah, so will it be with the coming of the Son of Man.  People were eating, drinking, marrying and being given away in marriage, up until the very day that Noah entered the ark.  Then the flood came, and swept them all away...

And they said to him, 'Where will this happen, Lord?'  And He said to them, 'Where death is, there will be a gathering of vultures.'”

Luke 17:26-27, 37

Stocks were trading sloppy today, although once again they managed to finish up in the quiet afternoon trade to finish off their lows and unchanged.

Gold and silver were a higher as the Dollar was off a bit.

Tomorrow is a stock option expiration.

Things are going to continue to become very interesting.
"People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.  Intellectual myopia, often called stupidity, is no doubt a reason.   But the privileged also feel that their privileges, however egregious they may seem to others, are a solemn, basic, God-given right."

John Kenneth Galbraith
Truer words were never spoken. 

Have a pleasant evening.