03 July 2018

Stocks and Precious Metals Charts - Standing Firm In Times of Madness

"You are no longer foreigners and strangers, but fellow citizens with God’s people and also members of his household, built on the foundation of the apostles and prophets, with Christ Jesus himself as the chief cornerstone. In him the whole building is joined together and rises to become a holy temple in the Lord. And in him you too are being built together to become a dwelling in which God lives by his Spirit."

Ephesians 2:19-22

“We who used to value the acquisition of wealth and possessions more than anything else now bring what we can into a common fund and share it with anyone who needs it. We used to hate and destroy one another, and refused to associate with people of another race or country. Now, because of Christ, we live together with such people and pray for our enemies.”

Justin Martyr

“In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter, any attack, even on the least of men, is an attack on Christ, who took on the form of man, and in His own Person restored the image of God in all.

Through our relationship with the Incarnation we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our familiality with all mankind.

Judging others makes us blind, whereas love is illuminating. By judging others we blind ourselves to our own evil, and to the grace which others are just as entitled to as we are... Silence in the face of evil is itself evil: God will not hold us guiltless. Not to speak is to speak. Not to act is to act."

Dietrich Bonhoeffer

Today was a sleepy half day of trading ahead of the 4th of July Holiday.

US markets will be closed tomorrow.

Stocks sold off into the close.

The precious metals gained ground on a weaker dollar and a deeply oversold short term condition.

There will be a Non-Farm payrolls report on Friday.

As I had forecasted some time ago, we are now in a period of hysteria, wherein people will be saying, and most likely doing, some crazy and reprehensible things.   The propaganda is so blatant on some internet sites that it is almost amazing. 

If they are full of hatred, and race baiting, antisemitism, slanders, lies, and scorn for the weak and the other, shun them.  It is a good thing to step back from the emotional exchanges and looks objectively at what is being said and done, all in the name of winning.

Be careful of what you put into your own minds, as you would be of tainted and unhealthy foods. 

Do not cast aside your faithfulness, that you may be left vulnerable, and without the ability to stand in the world but not of its madness, until the end     For we are being tested, and will be even moreso before this page in history turns.

Have a pleasant evening.