18 December 2019

Stocks and Precious Metals Charts - Snow Squalls and Whiteouts - Quad Witch Expiration


Cromwell:  Sir Richard is appointed Attorney General for Wales.
Thomas More:  For Wales. Why Richard, it profits a man nothing to give his soul for the whole world—  but for Wales?"

Robert Bolt, A Man For All Seasons


"It is not possible to found a lasting power upon injustice, perjury, and treachery. These may, perhaps, succeed at first, and limp along on hope for awhile with a flourishing appearance.  But time betrays their weakness, and they eventually fall into ruin of their own designs."

Demosthenes


“They are hypocrites—  they think the Church is a cage to keep God in, so he will stay locked up there and not go wandering about the earth during the week, poking his nose into their business, and looking in the depths and darkness and doubleness of their hearts, and their lack of true charity; and they believed they need only be bothered about him on Sundays when they have their best clothes on and their faces straight, and their hands washed and their gloves on, and their stories all prepared.”

Margaret Atwood

We are heading into what is expected to be the biggest quad witch option expiration of the year this Friday.

The tape is being managed, closely and carefully.   And it is likely to continue to be so while organic trading activity, especially selling, remains quiet.

Stocks were largely unchanged today.

Gold and silver were down a little, the Dollar was up a little.

Trumpolini is getting himself impeached today most likely, as a result of a number of very bad decisions taken against advice.  And ironically, he can thank the record gains made in the House by the Democrats in the 2018 election, for which he himself was largely responsible.

As I noted last month, "The major defense is going to be political. This is going to be the 'so what' defense. When you don't have the law or the facts, just pound the table. Just lie boldly, yell at people, attack them personally, and try to scare them into silence and submission. So what if Trump did all these things. They are not impeachable, and the GOP in the Senate will not act upon any charges in a suitably judicial manner, because they can."

And so here we are at last.

As Sophocles noted, 'many are the wonders, but nothing stranger than man.'

We have dark snow squalls and wind-whining whiteouts moving through.    It is really quite impressive to see.

But this darkness will pass quickly.

I am less optimistic about the other kinds of darkness falling over the land.

 For God is not mocked for long.  And we are just about due.

Have a pleasant evening.