25 February 2025

Stocks and Precious Metals Charts - Tender Mercies

 

"We pray for the big things, and forget to give thanks for the ordinary, small (and yet really not so small) blessings.”

Dietrich Bonhoeffer

"We must live in sunshine, even when we sorrow; we must live in God's presence, we must not shut ourselves up in our own hearts, even when we are reckoning up our past sins. As many as are our sins, His grace is greater.  He counts our sins, and, as He counts, so can He forgive; for that reckoning, great though it be, comes to an end; but His mercies fail not, and His Son's merits are infinite."

John Henry Newman, Present Blewwings, Parochial and Plain Sermons, Vol 5, Sermon 19

“Man has places in his heart which do not yet exist, and into them enters suffering, in order that they may have life.”

Léon Bloy, The Pilgrim of the Absolute

"There are times when we fall to our knees and thank God for all His blessings and tender mercies.

And there are other times when we arrogantly refuse to bend or bow, and to defer to anything but ourselves, in complacent pride.  And then God brings us to our knees, to remind us of who we are, and how to be grateful for what we have been given.

Please remember to feed the least of His creatures, the birds and animals, and of course His children.  It is our duty and joy and freedom to lessen the troubles of others, out of acceptance and thankfulness for His love, of those who are unworthy, like us."

Jesse, Loving Kindness and Tender Mercies, 27 November 2024

"Let no man pull you so low as to hate him."

Martin Luther King, A Knock at Midnight, 11 February 1962

"Show me your ways, O Lord,
       and instruct me on your paths.
  Lead me in your truth, and teach me:
       for you are the God of my salvation; and I wait for you all the day.
  Remember, O Lord, your tender mercies and loving kindness,
       as they have always been of old."

Psalm 25:4-6


As previously mentioned, several times, today was a futures contract option expiration for  precious metals on the Comex.

And as is customary, the metals were slammed down hard, if for no other reason to skin those who trade their option markets.

The Dollar fell.

Bitcoin finally teetered and fell off its support.  It did come back a little bit, but is still off its recent trading range.

At some point this could begin a cascade decline as those who are leveraging up on BTC with debt start having to liquidate their holdings.  It's hard to say.

Stocks were clocked again in continuation selling.

That did not help BTC at all because it is a risk asset.

Stocks fell to must hold support and bounced back a bit, but it was not a robust finish.

The geopolitical risks are still screaming out loud, even though Trump seems to be backing off the Deep State's fetish of provoking Russia. 

Let's see how the rest of the week goes.

As you know those happy few who ended up holding new contracts in the metals futures will often get a followup gut check to make sure their hands are strong.

The injustice of the US financial system is endemic, making it rotten to the core.  I don't see anything that is going to make it better anytime soon.

The oligarchs have the Dollar and its support systems firmly in hand. 

Truly, only God is good.   And they have nothing to do with Him, serving the darkness in themselves.

Have a pleasant evening.