06 August 2021

Stocks and Precious Metals Charts - All Hail The RecoveryTM


“Do not accept anything as the truth if it lacks love.  And do not accept anything as love is it lacks the truth.  One without the other is a destructive lie. When you seek truth you seek God, whether you know it or not.

My God, fill my soul with holy joy, courage and strength to serve You.  Kindle your love in me and then walk with me along the next stretch of road before me.  I do not see very far ahead, but when I have arrived where the horizon closes down, a new prospect will open before me, and I shall meet it with peace.” 

St. Edith Stein


"Only the humble believe in Him and rejoice that God is so free and so marvelous that He does wonders where people despair, that He takes what is little and lowly and makes it marvelous.  And that is the wonder of all wonders, that God loves the lowly.   God is not ashamed of the lowliness of human beings.  God marches right in. He chooses people as his instruments and performs His wonders where one would least expect them.   God is near to lowliness; He loves the lost, the neglected, the unseemly, the excluded, the weak, and the broken. 

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, 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 


“No one in the world can change Truth. What we can do and and should do is to seek truth and to serve it when we have found it. 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 personal selves?” 

Maximilian Kolbe


The Jobs report came in much stronger than expected.

And so the taper-related bets were reversed.

The Dollar rallied.

The metals and miners were hammered.

Stocks of the big cap story variety were off, jonesing for more bubble.

The SP 500 rose to a new high.

Real worldly concerns were pushed aside and forgotten.  At least for now. 

In the long run there is only one trade that really matters.  

For what does it profit a man...

Have a pleasant weekend.