Stocks and Precious Metals Charts - "C'est pour cela que je fus nais" - Stock Option Expiration on Friday

 

“She was truthful when lying was the common speech of men; she was honest when honesty was become a lost virtue; she was a keeper of promises when the keeping of a promise was expected of no one; she gave her great mind to great thoughts and great purposes when other great minds wasted themselves upon pretty fancies or upon poor ambitions; she was modest, and fine, and delicate when to be loud and coarse might be said to be universal; she was full of pity when a merciless cruelty was the rule; she was steadfast when stability was unknown, and honorable in an age which had forgotten what honor was; she was a rock of convictions in a time when men believed in nothing and scoffed at all things.

She was unfailingly true to an age that was false to the core; she maintained her personal dignity unimpaired in an age of fawnings and servilities; she was of a dauntless courage when hope and courage had perished in the hearts of her nation; she was spotlessly pure in mind and body when society in the highest places was foul in both—she was all these things in an age when crime was the common business of lords and princes, and when the highest personages in Christendom were able to astonish even that infamous era and make it stand aghast at the spectacle of their atrocious lives black with unimaginable treacheries, butcheries, and beastialities.   Whatever thing men call great, look for it in Joan of Arc, and there you will find it.”

Mark Twain, Joan of Arc

"Children say that people are hanged sometimes for speaking the truth.  You say that you are my judge.  I do not know if you are.  But I tell you that you must take good care not to judge me wrongly, because you will put yourself in great danger. I warn you, so that if God punishes you for it, I would have done my duty by telling you."

Jeanne d'Arc, Trial records, 15 March 1431

"Joan was a being so uplifted from the ordinary run of mankind that she finds no equal in a thousand years. She embodied the natural goodness and valour of the human race in unexampled perfection. Unconquerable courage, infinite compassion, the virtue of the simple, the wisdom of the just, shone forth in her. She glorifies as she freed the soil from which she sprang."

Winston Churchill, The Birth of Britain


Stocks were wobbly most of the day. 

The VIX edged higher off its recent low.

Gold and silver were hit as the Dollar moved sideways.

Must be an option expiration for stocks coming this Friday.

A large chunk of physical gold went walkabout from the Hong Kong Comex warehouses over the US holiday.

Have a pleasant evening.