13 September 2021

Stocks and Precious Metals Charts - Slowly We Turn


"They will be unloving and unforgiving; they will slander others and have little self-control.   They will be harsh and hate what is good.  They will betray their friends, be reckless, be puffed up with pride, and love their own pleasures more than God.   They may act religious, but they will reject the grace that could make them righteous." 

2 Timothy 3:2-5


 “Above all, don't lie to yourself.  The man who lies to himself and listens to his own lie comes to a point that he cannot distinguish the truth within him, or around him, and so loses all respect for himself and for others.” 

Fyodor Dostoyevsky, The Brothers Karamazov


“Not everyone who says to me, ‘Lord, Lord,’ will enter the kingdom of heaven, but the one who does the will of my Father in heaven.  Many will say to Me on that day, ‘Lord, Lord, did we not prophesy in Your name, and in Your name cast out demons, and in Your name perform many miracles?’  And then I will say, ‘I never knew you.  Begone, you who serve lawlessness.’

Matthew 7:21-23


Another ranging day in the markets. 

This is a sign that the markets are nearing a trend turn, probably linked to a taper in the abundcane of cash and liquid assets being delivered by the Fed to the Banks.

Gold was up a bit, silver was almost unchanged, after another test of lower support.

There will be more inflation data this week, with an eye to the next FOMC meeting.

There will be a quad witching option expiration on Friday.

Do not be deceived, for God is not mocked. Whatever a man sows, so shall he reap. 

Need little, want less, love more. For those who abide in love abide in God, and God in them.

Have a pleasant evening.