01 July 2019

Stocks and Precious Metals Charts - From Instruments of Darkness Come Instruments of Change


"The love of wicked men converts to fear;
That fear to hate, and hate turns one or both
To worthy danger and deserved death."

William Shakespeare, Richard II


"All the world marveled at this, and gave their allegiance to the beast. They worshiped the dragon for giving such power to him. as they also worshiped the beast.  'Who is as great as the beast?' they exclaimed.  'And who is able to resist him?'  The beast was allowed to speak great blasphemies against God.  And he was given the authority to do what he willed, but only for forty-two months."

Revelation 13:3-5


"But ’tis strange.
And oftentimes, to win us to our harm,
The instruments of darkness tell us truths,
Win us with honest trifles, to betray us
In deepest consequence."

William Shakespeare, Macbeth

As you may know by now, there was the usual tweetfest out of Osaka over the weekend, and an apparent thawing in the deadlock in discussions between the US and China.

Stock futures soared, and the risk on trades were unleashed. The US Dollar rose triumphantly against most major currencies.

And in that process, gold and silver were trounced.

Well, there was a certain amount of tension built up in the market, and a reversal of recent trends was not unexpected, given the willing stimulus of Trumpolini's declaration of yet another miracle of his personal diplomacy.

The stock rocket faded badly into the afternoon, but managed to recover a little bit into the close.  Still, it was an impressive display.

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

The spokesmodels were appalled by the violence in the Hong Kong protests over the weekend, and that damage that was inflicted upon the empty legislature building.

As you may have noticed in the news, or not, despite this wonderful abundant economy, the number of suicides in the US are at a record pace not seen since World War II.

And that is just how things are, in that sunny world of wonder.  It can't be helped.

So there is joy amongst the elite, and within the halls of power, at their many triumphs, bringing further opportunities.

As flies to wanton boys are we to the gods.

And what will they think of next?

Have a pleasant evening.