08 February 2022

Stocks and Precious Metals Charts - The Spice Must Flow

 

"So the Pharisees and scribes questioned him, saying:  'Why do your disciples not follow the tradition of the elders, but instead eat a meal with unclean hands?'   And Jesus answered, 'Well did Isaiah prophesy about you hypocrites, as it is written:
This people honors me with their lips, but their hearts are far from me; In vain do they worship me, teaching as doctrines what are human traditions.

You disregard God’s commandment but cling to what are merely customs.'  He went on to say, 'How well you have set aside the commandments of God, in order to uphold your own ways.'" 

Mark 7:5-13 

 

"Come, let us bring joy to the Lord,  let us sing with joy to the rock of our salvation.   Let us come into his presence with thanksgiving, and sing to Him with joy.  For the Lord is a great God, and a great King above all. 

In His hands are the deep places of the earth, and the heights of the mountains. The sea which He made is His, and His hands formed the dry land.  Come, let us worship and bow down; let us kneel before the Lord, who is our maker. 

For He is our God, and we are the people of His pasture and the sheep of His hand. Today if you hear His voice, harden not your hearts, as in the provocation and the day of trials in the wilderness."

Psalm 95 


Stocks managed to shake off their early losses, and turn higher, finishing in the green.

Gold and silver were higher.

The Dollar chopped sideways.

The prognosis for the equity markets remains weak, because their underpinnings are hollowed and with little conviction.

 Have a pleasant evening.