Jesse, 12 February 2020
"Anger blows out the lamp of the mind. In the examination of a great and important question, every one should be serene, slow-pulsed, and calm. Intelligence is not the foundation of arrogance. Insolence is not logic. Epithets are the arguments of malice.”
Robert Green Ingersoll
"Wonderful providence indeed which is so silent, yet so efficacious, so constant, so unerring. This is what baffles the power of Satan. He cannot discern the Hand of God in what goes on; and though he would fain meet it and encounter it, in his mad and blasphemous rebellion against heaven, he cannot find it."
John Henry Newman
"The devil will come, and Faustus must be damned... Mountains and hills, come, come, and fall on me, And hide me from the heavy wrath of God!”
Christopher Marlowe, The Tragical History of Dr. Faustus
Stocks had a risk on look to them today, buoyed by the news of another well-performing coronavirus vaccine.
As an exogenous factor the national election is no longer a risk, although there looks to be quite a bit of sturm und drang ahead, as some leave office fitfully.
Gold and silver were unchanged, and the dollar drifted just a bit lower.
There will be an option expiration for stocks this week, and an important Comex option expiration for the precious metals on the 24th.
We are heading into the holiday season now, and market dislocations are not seasonally inclined.
We have come to put our trust in shameless lies and the will to power.
And the love of most grows cold, their consciences dull, and their hearts sifted and laid bare by lies.
What could go wrong?
Have a pleasant evening.
