24 March 2021

Stocks and Precious Metals Charts - Trousered Apes of Wall Street - Comex Metals Option Expiration Tomorrow

 

"Indeed, the truth that many people never understand, until it is too late, is that the more you try to avoid suffering, the more you suffer, because smaller and more insignificant things begin to torture you, in proportion to your fear of being hurt.   It is therefore of supreme importance that we consent to live not for ourselves but for others."

Thomas Merton 

 

"They think that religion is a negative thing, a sort of moderate love of the world, a moderate luxury, a moderate avarice, a moderate ambition, and a moderate selfishness.  You see it in the course of trade, of public life, of literature, in all matters where men have objects to pursue.  Men are just, honest, upright, trustworthy; but all this not from the love and fear of God, but from a mere feeling of obligation." 

John Henry Newman

 

"And the world will look at you and they won't understand you, for your fiery furnace will be around you, but you'll go on anyhow.  But if not, I will not bow, and God grant that we will never bow before the gods of evil."

Martin Luther King 


"And if I can prophesy, and know all mysteries and all knowledge, and if I have all faith so that I can move mountains, but do not have love, I am nothing.   If I give away everything I own, and if I give over my body in order to boast, but do not have love,  I gain nothing."

1 Corinthians 13

 

"Love does not make you weak, because it is the source of all strength, but it makes you see the nothingness of the illusory strength on which you depended before you knew it." 

Léon Bloy

 

Stocks dipped today, again.

If it were not externally manipulated you might think the US equity market is a bit bipolar market.

But shenanigans and risky behaviour are abounding in our neo-Romantic regulatory era.

Wash, rinse, repeat. 

Gold and silver went sideways, and the Dollar strengthened slightly.

Comex option expiration tomorrow.

Have a pleasant evening.