17 December 2020

Stocks and Precious Metals Charts - Da Pacem Domine

 

“The great masquerade of evil has played havoc with all our ethical concepts.  For evil to appear disguised as light, compassion, historical necessity or social justice is quite bewildering to anyone brought up on our traditional ethical concepts, while for the Christian who bases his life on the Word, it merely confirms the fundamental wickedness of evil. 

Mere waiting and looking on is not Christian behavior.  Christians are called to compassion and to action.  In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter any attack, even on the least of men, is an attack on Christ himself, who took on the form of man, and in his own Person restored the image of God in all. 

Through our relationship with the Incarnation, we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our solidarity with all mankind." 

Dietrich Bonhoeffer, Letters and Papers from Prison

 

Tomorrow will be the quad witch, the last big index option expiration of the year. 

Gold and silver continued moving higher.

Silver can be quite impressive when it shakes off the pressures of a concerted price suppression.

I hope you did not lose your positions in this latest episode.

The Dollar rolled over and broke the 90 handle.

Stocks continued moving higher on stimulus expectations, shaking off the worse than expected macroeconomic data.

Have a pleasant evening.