30 October 2020

Stocks and Precious Metals Charts - Whistling Past the Graveyard

 

Election 2020
“Freud used the term [narcissist] to describe persons who were self-absorbed, and psychoanalysts have focused on the narcissist’s need to bolster his or her self-esteem through grandiose fantasy, exaggerated ambition, exhibitionism, and feelings of entitlement.”

Donald W. Black 

 

“A narcissist paints a picture of themselves as being the victim or innocent in all aspects.  They will be offended by the truth.” 

Karla Grimes 

 

“Imagining that you are deep and complex, but others are simple, is one of the primary signs of malignant selfishness.” 

Stefan Molyneux 

 

"I was being called to surrender the very citadel of my self.  I was completely in the dark.  I did not really know what repentance was or what I was required to repent of.  It was indeed the turning point of my life.  God had brought me to my knees and made me acknowledge my own nothingness, and out of that knowledge I had been reborn.  I was no longer the centre of my life, and therefore I could see God in everything." 

Bede Griffiths 

 

October is over and stocks went out with a whimper. 

Gold and silver and the Dollar rallied slightly. 

VIX climbed as markets were more volatile, largely from exogenous factors like the national elections and the coronavirus. 

And of course, that the story stocks are priced for fantasy. 

The US national election will be next Tuesday. 

Have a pleasant evening.