26 November 2019

Stocks and Precious Metals Charts - Repentance, Forgiveness, Thankfulness

"No human counsel hath devised, nor hath any mortal hand worked out these great things. They are the gracious gifts of the Most High God, who while dealing with us in anger for our sins, hath nevertheless remembered mercy.

It has seemed to me fit and proper that they should be solemnly, reverently, and gratefully acknowledged as with one heart and one voice by the whole American people. I do, therefore, invite my fellow-citizens in every part of the United States, and also those who are at sea and those who are sojourning in foreign lands, to set apart and observe the last Thursday of November next as a Day of Thanksgiving and Praise to our beneficent Father who dwelleth in the heavens.

And I recommend to them that, while offering up the ascriptions justly due to Him for such singular deliverances and blessings, they do also, with humble penitence for our national perverseness and disobedience, commend to His tender care all those who have become widows, orphans, mourners, or sufferers in the lamentable civil strife in which we are unavoidably engaged, and fervently implore the interposition of the Almighty hand to heal the wounds of the nation, and to restore it, as soon as may be consistent with the Divine purposes, to the full enjoyment of peace, harmony, tranquility, and union."

Abraham Lincoln, Proclamation of Thanksgiving, 3 October 1863

"Democratic leaders must learn to talk about class issues again. But they won’t on their own. So pressure must come from traditional liberal constituencies and the grass roots, like the much-vilified bloggers...

The more comfortable option for Democrats is to maintain their present course, gaming out each election with political science and a little triangulation magic, their relevance slowly ebbing as memories of the middle-class republic fade."

Thomas Frank, Rendezvous With Oblivion, NYT 2006

Sous vide water cooker
Gold and silver got the expected slamdown to gut-check the holders of new futures positions from yesterday's Comex options expiration.

Stocks were unchanged most of the day, but managed to drift higher into a very quiet trading close.

We are nearing what may prove to be a rather notable if not notorious intermediate high point for equities.

The Fed is bailing out the banks, again and aggressively so.  They care little for the general public.

P.S. We had the spare ribs for dinner.  They had cooked for about 20 hours at 152°. We took them out of their airtight cooking bags and finished them under the broiler with a lite garlic teriyaki sauce.

They were deeply flavored from cooking in their own juices and spices. They were extremely tender, but not falling apart, which I liked quite a bit. Not dry or tough in any regard. I could have easily finished them on the outdoor grill.  On to the next experiment. lol 

Have a pleasant evening.