12 February 2020

Stocks and Precious Metals Charts - No One Can See It Coming - Coronavirus 'Gathering Steam'

“Some people want to see God with their eyes as they see a cow, and to love Him as they love a cow - for the milk and cheese and profit it brings them. This is how it is with people who love God for the sake of outward wealth or inward comfort. They do not rightly love God, when they love Him for their own advantage.”

Meister Eckhart

"Nothing in all of creation is hidden from the sight of the Lord.   Everything is uncovered and laid bare before the eyes of Him to whom we will some day give an account."

Hebrews 4:13

Stocks were off to the races again today, closing out near the highs, on optimism about nearly everything.

The US Dollar moved higher.

The precious metals retreated a bit.

Stocks are at quite a distance above their 200 day moving averages.

You may wish to prepare for a period of relative self-sufficiency in your home, as unlikely as that may seem to be for us now.

One would surely do as much in the event of an approaching storm for example.  They seem to do that here every time a snowflake falls.

The coronavirus seems to be 'gathering steam.'

Hope for the best, but prepare for the worst as they say.

Love God as He loves you, and be not afraid.

I remember you all in my prayers, as I hope you remember me.

Have a pleasant evening.