08 May 2024

Stocks and Precious Metals Charts - Sic Transit Gloria Mundi

 

"...to the glory that was Greece,
And the grandeur that was Rome."

Edgar Allen Poe, To Helen


“Now all the Athenians as well as the foreigners residing there used their time for nothing else but telling or hearing something new.

Then Paul stood up at the Areopagus and said: 'You Athenians, I see that in every respect you are very religious.  For as I walked around looking carefully at your shrines, I even discovered an altar inscribed, ‘To an Unknown God.’  What therefore you unknowingly worship, I proclaim to you.  The God who made the world and all that is in it, the Lord of heaven and earth, does not dwell in sanctuaries made by human hands, nor is he served by human hands because he needs anything.

Rather it is he who gives to everyone life and breath and everything.  He made from one the whole human race to dwell on the entire surface of the earth, and he fixed the ordered seasons and the boundaries of their regions, so that people might seek God, even perhaps grope for him and find him, though indeed he is not far from any one of us.  For ‘In him we live and move and have our being,’ as even some of your poets have said, ‘For we too are his offspring.’

Since therefore we are the offspring of God, we ought not to think that the divinity is like an image fashioned from gold, silver, or stone by human art and imagination.  God has overlooked the times of ignorance, but now he demands that all people everywhere repent because he has established a day on which he will ‘judge the world with justice’ through a man he has appointed, and he has provided confirmation for all by raising him from the dead.'  When they heard about resurrection of the dead, some began to scoff, but others said, 'We should like to hear you on this some other time.'”

Acts 17:22-32


Empires rise, and rage for their time upon the stage of history, and fall, to be forgotten. 

Mais où sont les neiges d'antan?

Stocks did their usual intraday churn and burn, finishing largely unchanged.

Gold and silver were feeling a bit wobbly, but not overmuch.

The Dollar chopped sideways.

VIX has now fallen, considerably.

Wash cycle is almost done.

"Few will have the greatness to bend history; but each of us can work to change a small portion of the events, and in the total of all these acts will be written the history of this generation.  It is from numberless diverse acts of courage such as these that the belief that human history is thus shaped.  Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope, and crossing each other from a million different centers of energy and daring those ripples build a current which can sweep down the mightiest walls of oppression and resistance." 

Robert Kennedy, Day of Affirmation Speech, Cape Town, South Africa, 6 June 1966

Have a pleasant evening.