10 August 2021

Stocks and Precious Metals Charts - The Least of These

 

"Those among the rich who are not, in the rigorous sense, damned, can understand poverty, because they are poor themselves, after a fashion; they cannot understand destitution.  Capable of giving alms, perhaps, but incapable of stripping themselves bare, they will be moved, to the sound of beautiful music, at Jesus’s sufferings, but His Cross, the reality of His Cross, will horrify them.  They want it all out of gold, bathed in light, costly and of little weight; pleasant to see, hanging from a woman’s beautiful throat. 

 In the end, the only real tragedy is not to have been a saint."

Léon Bloy

 

“A man who lies to himself, and believes his own lies, becomes unable to recognize truth, either in himself or in anyone else, and he ends up losing respect for himself and for others.  When he has no respect for anyone, he can no longer love, and in him, he yields to his impulses, indulges in the lowest form of pleasure, and behaves in the end like an animal in satisfying his vices.  And it all comes from lying — to others and to yourself.” 

Fyodor Dostoevsky, The Brothers Karamazov

 

“Then the rich man said, ‘I beg you, Father Abraham, send Lazarus to my father’s house.  For I have five brothers for him to warn, so that they also will not come to this place of desolation and torment.’ 

But Abraham said, ‘They have Moses and the Prophets.  Let them listen to them.’ 

But the rich man again said, ‘No, Father Abraham, but if someone from the dead comes back and speaks to them, they will repent.’ 

And Abraham said, ‘If they do not listen to Moses and the Prophets, neither will they listen if someone tells them who has risen from the dead!’”

Luke 16:27-31


Stocks were mixed today, with the SP 500 unchanged and the NDX lower.

The Dollar was slightly higher.

Gold and silver were largely unchanged.

The miners were once again under pressure.

Have a pleasant evening.