09 July 2021

Stocks and Precious Metals Charts - Rinse Cycle Complete

 

"Greed is a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction." 

Erich Fromm

 

"Poor and content is rich, and rich enough,
But riches fineless is as poor as winter
To him that ever fears he shall be poor."

William Shakespeare, Othello 


"Greed, I say, is a great flood; it is a whirlpool that sucks a person down, a constant yearning, always seeking a hold, continually in movement." 

Siddhārtha Gautama

 

“The real conflict is the inner conflict.  Beyond armies of occupation and the catacombs of extermination camps, there are two irreconcilable enemies in the depth of every soul: good and evil, sin and love.  And what use are the victories on the battlefield if we are ourselves are defeated in our innermost selves?” 

Maximilian Kolbe

 

When the precious metals get their big run, remember that the game is still afoot, and the field is not yet won.   

For what does it profit a man...

Stocks rebounded sharply today.

Gold and silver also rallied sharply.

The Dollar drifted lower all afternoon, but managed to hold on to the 92 handle.

These jokers are running the market through wash and rinse cycles like it is a laundromat.

Stock option expiration next week.

Have a pleasant weekend.