22 September 2020

Stocks and Precious Metals Charts - Autumn in New York - Comex Option Expiration on Thursday 24th


"Go and learn the meaning of the Scripture: ‘I desire that you show mercy, not offer sacrifices.’  For I have come to call not those who think they are righteous, but those who know that they are sinners.” 

Matthew 9:13 


"My son, you are always with me, and all that I have is yours.  But it is right that we should make merry and be glad, for your brother was dead and is alive again.  He was lost, and now he is found.’ ” 

Luke 15:31-32


Stocks were in rally mode today, led higher by the big cap techs. 

Like a dog returns to its vomit, so a fool returns to his folly. 

The dollar rallied, and gold and silver were off. 

There will be a Comex metals expiration for the October contracts on Thursday. 

Like the recovery, the strength in the equity markets are an illusion, puffed up with easy money and illicit behaviour. 

But, as they say, it is what it is. 

More important, and more to our own control, is that we do not harden our hearts, or allow our own love for others and His gifts to grow cold.

Today was another glorious early autumn day. 

Have a pleasant evening.