28 November 2023

Stocks and Precious Metals Charts - The Glory of Greece, the Grandeur of Rome


"I met a traveller from an antique land
Who said: Two vast and trunkless legs of stone
Stand in the desert. Near them, on the sand,
Half sunk, a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed:
And on the pedestal these words appear:
'My name is Ozymandias, king of kings:
Look on my works, ye Mighty, and despair!'
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare
The lone and level sands stretch far away."

Percy Shelley, Ozymandias

"While some of the crowd were speaking about how the temple was adorned with costly stones and offerings, he said, 'All that you see here, the days will come when there will not be left a stone upon another stone that will not be thrown down.'

Then they asked him, 'Teacher, when will this happen? And what sign will there be when all these things are about to happen?' He answered, 'See that you are not deceived, for many will come in my name, saying, ‘I am he,’ and ‘The time has come.’ Do not follow them. When you hear of wars and insurrections, do not be terrified; for such things must happen first, but it will not immediately be the end.' Then he said to them, 'Nation will rise against nation, and kingdom against kingdom. There will be powerful earthquakes, and in some places famines and plagues, and awful warnings and mighty signs from heaven.'"

Luke 21:5-11

"And they said to him, 'Where will this happen, Lord?' And He said to them, 'Where death is, there a gathering of vultures will be.'”

Luke 17:37

Gold and silver were rallying strongly today as the wiseguys flipped the option expiration to squeeze the shorts, especially in the miners.

I love it when they do that.

Stocks were slumping but managed to rebound to the green into the close.

VIX rose, and then plummeted back to unchanged.

The Dollar declined.

Have a pleasant evening.