29 May 2020

Stocks and Precious Metals Charts - Non-Farm Payrolls Next Friday

“Arm yourself with wisdom, arm yourself with knowledge;
folly is a fierce lion roaming the streets.”

Matshona Dhliwayo

“Yet what is expectation but a kind of folly, and what is that folly but an excess of hope?”

Alexandre Dumas

"Where are the princes of this world, and those who lorded it over the creatures of the earth? Those who made sport of the birds of the air, and hoarded up riches in which they trusted, and for whom there is no limit to their greed, those who schemed to get wealth, and were always anxious about their possessions.

But now there is no trace left of them. They have vanished down into the bowels of the earth, and others have risen to take their place."

Baruch 3:16-19

"Jesus asked him a third time, ‘Do you love me?’ And Peter said, ‘Lord, you know all things— you know that I love you.’ And Jesus said, ‘Feed my lambs.'

'Verily, verily, I say to you, when you were young, you dressed yourself, and walked where you liked. But when you are old, you will stretch out your your hands, and another will dress you, and take you where you would not like to go.'

And then he said to him, ‘Follow me!’"

John 21:17-19

Stocks were a bit wobbly most of the day, but rallied into the close when Trumpolini did not anything economically destructive in his press conference.

Gold and silver managed to climb a bit while the dollar finished largely unchanged.

Silver in particular has been staging an impressive 'catch up' rally for the past week or so.

I was out of pocket most of the day, so I am playing a little catch up of my own.

The young man is back here, and has started working from home in his new job. He is in 'quarantine' after his return from England.

There will be the May Non-Farm Payrolls report next Friday.

Need little, want less, love more. For those who abide in love abide in God, and God in them.

Have a pleasant weekend.