31 December 2019

Stocks and Precious Metals Charts - Where Are You Going, Lord? - Last Trading Day of the Decade


“Pity the nation that raises not its voice, except to praise conquerors and acclaim the bully as hero and aims to rule the world with force and by torture."

Lawrence Ferlinghetti, New Poems, City Lights


"The fact that these foolish people are often stubborn must not blind us to the fact that they are not independent. In conversation with them, one virtually feels that one is dealing not at all with them as a person, but with slogans, catchwords, and the like that have taken possession of them. They are under a spell, blinded, misused, and abused in their very being.

Having thus become a mindless tool, the foolish person will also be capable of any evil and at the same time incapable of seeing that it is evil. This is where the danger of diabolical misuse lurks, for it is this that can once and for all destroy the human soul.”

Dietrich Bonhoeffer, Letters and Papers From Prison


"As everything in what used to be called creation becomes a commodity, human beings begin to look at one another, and at themselves, in a funny way, and they see price tags. There was a time when people spoke, at least occasionally, of 'inherent worth'— if not of things, then at least of persons.  It is sometimes said that since everything is for sale under the rule of The Market, nothing is sacred.  The Market is not omnipotent— yet. But the process is under way and it is gaining momentum."

Harvey Cox, The Market as God


"Children, it is the last hour; and just as you heard that the antichrist was coming, so now many antichrists have appeared. Thus we know this is the last hour. They went out from us, but they were not really of our number; if they had been, they would have remained with us. Their desertion shows that none of them was of our number. But you have the anointing that comes from the Holy One, and you all have knowledge. I write to you not because you do not know the truth but because you do."

1 John 2:18-21

Today is the last trading day of the decade.

The next decade will be interesting if history is any guide for us.

The most shocking thing about this last decade was the falling away of so many of the faithful— and for so insignificant a vanity.

The markets were jammed higher into the close on the thinnest of trading. Bravo.

Have a pleasant evening.

And may God have mercy on us, His foolish and obstinate children.

See you next year.