"The world would be better off if people tried to become better. And people would become better if they stopped trying to become 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. What we give to the poor for Christ's sake, is what we carry with us when we die."
Peter Maurin
“We are slow to master the great truth that even now Christ is, as it were, walking among us, and by His hand, or eye, or voice, bidding us to follow Him. We do not understand that His call is a thing that takes place now. We think it took place in the Apostles' days, but we do not believe in it; we do not look for it in our own case."
John Henry Newman
“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 Jobs Report came in smoking hot this morning.
I no longer track the numbers closely in spreadsheets, but I would strongly suspect that the number this morning was the child of a misapplication of seasonality that will be corrected away some time in the future.
But it is timely, and will make a great talking point for Biden's State of the Union address.
So the outsized Jobs print signaled a hawkish Fed, higher rates for longer, and therefore a stronger US Dollar.
And with that stronger Dollar came a brutal takedown of gold and silver.
When the times comes it nevrer seems like you are short enough, or hedged enough.
But it was nice to see the markets adhering t the same fictionalized story at least, and not wildly divergent like yesterday.
Gold has nearly completed the kind of backtest of support one might be looking for in a 'W' double bottom. If it holds, it calls to $2100.
Let's see how it goes next week.
We are caught up in a polar vortex here, and it is very windy and very cold. I am making a very hearty beef bone broth soup for dinner, and will be using the fireplace tonight for the first time this season.Daisy hates the cold. Maybe its a holdover from her brief life on the city streets last winter.
She likes to fall asleep in my lap on cold nights, and we often stay snuggled in the chair under a warm blanket that way until morning, a book on my chest.
Old age is no joke.
She is slowly but surely becoming healthy after her time as a stray. The young man has infinite patience in her care, and we found a wonderful veterinarian.
It has been time consuming and somewhat expensive. Even feeding the birds has gotten a little pricier this year.
But in healing others, we heal ourselves. It's good to see the difference we can make.
Need little, want less, love more.
For those who abide in love abide in God and God in them.
Have a pleasant weekend.
