01 May 2019

Stocks and Precious Metals Charts - Brother Can You Spare a Dime?

"People say, what is the sense of our small effort?  They cannot see that we must lay one brick at a time, take one step at a time.  A pebble cast into a pond causes ripples that spread in all directions.  Each one of our thoughts, words and deeds is like that. No one has a right to sit down and feel hopeless.  There is too much work to do.

What we would like to do is change the world: make it a little simpler for people to feed, clothe, and shelter themselves as God intended for them to do.  We can, to a certain extent, change the world; we can work for the oasis, the little cell of joy and peace in a harried world.

We can throw our pebble in the pond and be confident that its ever widening circle will reach around the world.  There is nothing that we can do but love, and, dear God, please enlarge our hearts to love each other, to love our neighbor, to love our enemy as well as our friend.

I am sure that God did not intend that there be so many poor.  The class structure is of our making and our consent, not His.  It is the way we have arranged it, and it is up to us to change it.

Turn off your radio. Put away your daily paper. Read one review of events a week and spend some time reading good books. They tell too of days of striving and of strife. They are of other centuries and also of our own. They make us realize that all times are perilous, that men live in a dangerous world, in peril constantly of losing or maiming soul and body. We get some sense of perspective reading such books. Renewed courage and faith and even joy to live.

Do what comes to hand.  Whatsoever your hand finds to do, do it with all your might. After all, God is with us.  It shows too much conceit to trust to ourselves, to be discouraged at what we ourselves can accomplish.  It is lacking in faith in God to be discouraged.  After all, we are going to proceed with His help.  We offer Him what we are going to do.  If He wishes it to prosper, it will.  We must depend solely on Him.  Work as though everything depended on ourselves, and pray as though everything depended on God."

Dorothy Day

The Fed did exactly what was expected today, at least for normal and rational people who were not rooting for a 'rate cut' while celebrating a booming economy and 'full employment.'

The Dollar gained, and gold and silver were hit.

Non-farm Payrolls on Friday.

From our little oasis to yours, have a pleasant evening.