Then they will answer and say, ‘Lord, when did we see you hungry or thirsty or a stranger or naked or ill or in prison, and not minister to your needs?’ He will answer them, ‘Amen, I say to you, what you did not do for one of these least ones, you did not do for me.’ And these will go off to eternal punishment, but the righteous to eternal life.”
Matthew 25:41-46
“Now go and learn what this Scripture means: ‘I want kindness and mercy, and not sacrifices."
Matthew 9:13
"Those who have strong interests one way or the other, cannot be dispassionate observers and candid judges. They are partisans; they defend one set of people, and attack another. They are prejudiced against those who differ from them, or who thwart them. They cannot make allowances, or show sympathy for them."
John Henry Newman
"Forgiveness is a moral decision to see the other person’s worth, let go of anger, and offer compassion, benevolence, and love toward the offender."
Robert D. Enright
"Ever since the creation of the world, his invisible attributes of eternal power and divinity have been able to be understood and perceived in what he has made. As a result, they have no excuse; for although they knew God they did not accord him glory as God or give him thanks. Instead, they became proud in their reasoning, and their senseless minds were darkened."
Romans 1:20-21
The spokesmodels were all smiles on the open, as another dramatic overnight plunge in the futures markets was seemingly reversed, and brought back to nearly unchanged.
But alas, the markets had an epiphany of sorts.
And the perception of risk and its implications came home to roost, with a vengeance.
Stocks reversed again, and started falling in that most deadly sort of bearish dance, a controlled, orderly descent.
We may see more volatility and downside, until we reach some sort of denouement, and perhaps a capitulation.
Remember the pattern: we have a blow off top, with several failed rallies at lower highs.
Gold and the Dollar were the safe havens of choice.
Gold managed to take and hold $2,000.
Who could have seen it coming?
Despite an early spike higher, silver gave up much of its gains as it was pulled down in the relentless equity selling.
Unfortunately silver has a correlation to equities in addition to its character as a precious metal.
Bitcoin, aka digital gold, declined again.
Crypto has a correlation to pokemon cards.
There are some potential implications on the physical gold supply in London, given the potential blocking or Russian refiners.
Oil is rocketing. And in the US probably excessively so.
And so are the prices at the pump, as the gas monopolies are looking to cash in quickly and establish a pattern of price inflation.
Let's see how the rest of the week goes.
Have a pleasant evening.
