28 December 2020

Stocks and Precious Metals Charts - An Attractive But Deceitful Recovery

 

"These violent delights have violent ends,
And in their triumph die..." 

William Shakespeare

 

"I know nothing that I may say can influence you.  You have no souls to be influenced.  You are spineless, flaccid things. You pompously call yourselves Republicans and Democrats.   You are lick-spittlers and panderers, the creatures of the Plutocracy." 

Jack London, The Iron Heel

 

“Evil when we are in its power is not felt as evil, but as a necessity, or even a duty.  Sin is not a distance, but is a turning of our gaze, in the wrong direction." 

 Simone Weil

 

Today was one of the lightest trading days of the year by volume.

And it was also a Comex metals option expiration, albeit one of slight significance.

As I said last week, the tape was scoured clean by wild swings and volatility.

And now the paint can be applied, into the year end. 

What does it profit a man, to gain the whole world, but to lose their souls.

But to virtually throw them away for so little?

Have a pleasant evening.