16 November 2021

Stocks and Precious Metals Charts - La Douleur du Monde

 

“Unlimited power in the hands of limited people always leads to cruelty.” 

Aleksandr Solzhenitsyn 

 

“Nature doesn't ask your permission; it does not care about your wishes, or whether you like its laws or not.   You're obliged to accept it as it is, and consequently all of its consequences as well.” 

Fyodor Dostoevsky 

 

"What will you do on the day of reckoning, and in the time of desolation which follows?   To whom will you flee for relief?   Where will you safeguard your riches?" 

Isaiah 10:3 

 

"Having fallen from the eternal, the evil one's desires are endless, insatiable.  Having fallen from pure Being, he is driven by the desire to possess, to fill his emptiness.  But the problem is insoluble, always.  He is compelled to have and to hold, to possess and consume, and nothing else.  All he takes, he destroys." 

Denis de Rougemont

 

“The narcissist devours people, consumes their output, and casts the empty, writhing shells aside.”

Sam Vaknin 


"Foolishness has a knack of getting its way; as we should see if we were not always so much wrapped up in ourselves.  In this respect our townsfolk were like everybody else, wrapped up in themselves; they did not believe in plagues." 

Albert Camus 


The Dollar was showing some continuing strength today, as the DX index ran up to just short of the 96 handle.

Gold and silver were weakened, for a change of pace.

No flight to safety here.

Stocks were higher, although it seemed to be a little weaker and more narrow than one might expect.

I do think we are shaping up for a dire short squeeze in the physical metals.  

But it has been a long time coming.

Gradually, and then all at once.

Have a pleasant evening.