23 October 2020

Stocks and Precious Metals Charts - These Violent Delights

 

"The world is ours, we are its lords, and ours it shall remain. As for the host of labor, it has been in the dirt since history began, and I read history aright. And in the dirt it shall remain so long as I and mine and those that come after us have the power. There is the word.  It is the king of words— Power.  Not God, not Mammon, but Power.  Pour it over your tongue till it tingles with it.  Power.”

 Jack London, The Iron Heel 

 

 "No one can serve two masters, for he will hate the one and love the other, or he will be devoted to the one, and be neglectful of the other; and so you cannot serve both God and Mammon." 

Matt 6:24 


"These violent delights have violent ends And in their triumph die, like fire and powder, Which, as they kiss, consume."

William Shakespeare,  Romeo and Juliet

 

Stocks had another ranging day, from the highs to the lows, managing to finish up nearly unchanged.

 Gold, silver, and The  Dollar edged slightly lower.

The VIX was lower.

Where's the risk?   Not reflected in the markets it appears.

Have a pleasant weekend.