12 November 2021

Stocks and Precious Metals Charts - Dancing on the Rim of a Volcano

 

"They have treated the suffering of my people carelessly, saying, ‘all is well’ when it isn't safe.  They act shamefully, and commit terrible sins.   But they do not blush, do not even know what it is to be ashamed.  They will be found among the fallen, brought low at the time of judgement."

Jeremiah 6:14-15 

 

"They invent and devise all means and crafts, first how to keep safely without fear of losing that which they have unjustly gathered together, and next how to hire and abuse the work and labor of the people for as little money and effort as possible." 

Thomas More, Utopia 

 

"There are so many ways of escaping from that which one fears, and not the least of these is hatred.” 

Philip Kerr, Berlin Noir

 

"But Jesus turned and said, 'Daughters, do not weep for me, but weep for yourselves and for your children   People will beg the mountains, ‘fall on us,’ and plead with the hills, ‘bury us.'   For if they do these things when the word is fresh, what will they do when their hearts are cold and ripe for judgement."

 Luke 23: 28,30-31

 

“The further a society drifts from the truth, the more it will hate those that speak it.” 

George Orwell

 

"The whole town and all its inhabitants are quite drowned in carnival din, masks and confetti.  And on top of that the news of the Reichstag fire.  Dancing on a volcano." 

Alban Berg, Letter from Berlin, September 1, 1933 

 

Stocks went on a tear higher after Europe went home for the weekend, and went on on the highs.

The Dollar was a little lower, but still hanging in to 95.

Gold and silver tucked in even a little more into overhead resistance.

And no one could see itcoming.

Have a pleasant weekend.