23 May 2023

Stocks and Precious Metals Charts - Hubris - Wash and Rinse

 

"Wonderful providence indeed which is so silent, yet so efficacious, so constant, so unerring.  This is what baffles the power of Satan.   He cannot discern the Hand of God in what goes on; and though he would fain meet it and encounter it, in his mad and blasphemous rebellion against heaven, he cannot find it."

John Henry Newman

“The books which the Holy Spirit is writing are the living, with every soul a volume in which the divine author makes a true revelation of His word, showing it to every heart, unfolding it in every moment.

There is not a moment in which God does not present Himself under the cover of some pain to be endured, of some consolation to be enjoyed, or of some duty to be performed.   All that takes place within us, around us, or through us, contains and conceals His divine action.  All souls must admire and respect one another, saying: 'Let us each continue walking along our path to the same goal, united in purpose and with the help of God's plan which, in its great variety, is in us all.'

To escape the pain caused by regret for the past or fear about the future, this is the rule to follow: leave the past to the infinite mercy of God, the future to His good Providence, and give the present wholly to His love by being faithful to His grace.”

Jean-Pierre de Caussade, L'Abandon a la Providence Divine


Stocks took a dive today.  

Rinse follows wash.

Was on, wax off.

Gold and silver were hit hard on the NY open but managed to take back a lot of those losses into the afternoon close.

Option expiration on deck.  What a coincidence.

VIX rose.

The Dollar moved slightly higher.

Yields fluctuated after initially moving higher.

The oligarchy is audacious.

Have a pleasant evening.