19 December 2022

Stocks and Precious Metals Charts - Heal Our Blindness

 

“What we would like to do is change the world—make it a little simpler for people to feed, clothe, and shelter themselves as God intended them to do.  And, by fighting for better conditions, by crying out unceasingly for the rights of the workers, the poor, of the destitute—the rights of the worthy and the unworthy poor, in other words—we can, to a certain extent, change the world; we can work for the oasis, the little cell of joy and peace in a harried world.  We can throw our pebble in the pond and be confident that its ever widening circle will reach around the world.”

Dorothy Day

"The selfishness of an age that has devoted itself to the mere cult of pleasure has tainted the whole human race with an error that makes all our acts more or less lies against God.  The devil is no fool.  He can get people feeling about heaven the way they ought to feel about hell.  He can make them fear the means of grace the way they do not fear sin. 

And he does so, not by light but by obscurity, not by realities but by shadows; not by clarity and substance, but by dreams and the creatures of psychosis.  And men are so poor in intellect that a few cold chills down their spine will be enough to keep them from ever finding out the truth about anything."

Thomas Merton

"The world would be better off if people tried to be better.  And people would become better if they stopped trying to be better off.  For when everybody tries to become better off, nobody is better off.  But when everybody tries to become better, everybody is better off.  And everybody would be what we ought to be if everybody tried to be what we want the other one to be. 

What we give to the poor, for Christ's sake, is what we carry with us when we die." 

Peter Maurin

Stocks slumped in this first trading day of the Christmas holiday week.

Chalk up another leg down, from the howler of a failed rally on the 'CPI news' last week.

Trading was light and a bit lackluster.  I suspect many of the adults have already taken their gains for the year and gone on an extended holiday vacation.

Is Santa going to be walkabout on Wall Street this year?

Almost a quarter million ounces of gold bullion went walkabout from the Comex certified warehouses in Hong Kong. 

The Dollar went sideways.

Gold and silver slipped a bit lower.

The stock bulls would like to find a footing and drift a little higher this week. 

Let's see if reality meets their expectations.

Lord, heal our blindness, pierce our hardened hearts, enlighten our minds, and break the chains of our pride and self-deception, so that we may choose repentance, forgiveness, and life.

Have a pleasant evening.