06 July 2022

Stocks and Precious Metals Charts - All Creatures Great and Small

 

"The salvation of this human world lies nowhere else than in the human heart, in the human power to reflect, in human modesty, and in human responsibility. 

Without a global revolution in the sphere of human consciousness, nothing will emerge for the better in the sphere of our Being as humans, and the catastrophe toward which this world is headed, whether it be ecological, social, demographic, or a general breakdown of civilization, will be unavoidable. 

We are still under the sway of the destructive and thoroughly vain belief that man is the pinnacle of creation and not just a part of it, and that therefore everything is permitted to him. People are manipulated in ways that are infinitely more subtle and refined than the brutal methods used in the post-totalitarian societies. We still close our eyes to the growing social, ethnic, and cultural conflicts in the world.  We are still destroying the planet that was entrusted to us.

The salvation of this human world lies nowhere else than in the human heart, in the human power to reflect, in human modesty, and in human responsibility.  In other words, we still don’t know how to put morality ahead of politics, science, and economics. 

I feel that the dormant goodwill in people needs to be stirred.   People need to hear that it makes sense to behave decently or to help others, to place common interests above their own, to respect the elementary rules of human coexistence. 

We are still incapable of understanding that the only genuine core of all our actions – if they are to be moral – is responsibility.  Responsibility to something higher than my family, my country, my firm, my success. Responsibility to the order of Being [spirit], where all our actions are indelibly recorded and where, and only where, they will be properly judged.

Truth and love will overcome lies and hatred.”

Václav Havel


"The souls of the just are in the hands of God, where torment can never touch them.  To the faithless they appear to die, their passing like a tragedy, their leaving a desolation.  They are at peace. If they experienced hardship, their hope was rich with eternal life; passing was their affliction, but eternal will be their blessing. 

They who trust Him will understand the truth, those who are faithful will live in love with Him forever. Grace and mercy await those whom the Lord has chosen."

Wisdom 4:1-9

Stocks slumped again today, but once again managed to come back to even or green into the close.

Just another facet of the Fed's finance-friendly stimulus program one might say.

Gold and silver were slammed again, with silver coming back to unchanged.

Gold not so much.

Physical gold stocks in Hong Kong are very slim again.   

Better call Powell.

By the way, Jay, how is that internal investigation of massive insider trading by Fed governors going?

I am flat again waiting to see how things go.   I thought there might be a bounce, to set up a wash and rinse on the news.  

What time's the next wash and rinse?

Have a pleasant evening.