16 November 2023

Stocks and Precious Metals Charts - Raising a Light in the Darkness

 

“The only thing new in the world is the history you do not know.”

Harry S. Truman

“I know there is a God— I see the storm coming and I see His hand in it— If He has a place then I am ready.”

John F. Kennedy, scrawled on a prayer breakfast program, from Kennedy's Presidential Doodles to Tour 23 Cities, NYT, May 15, 1964

"We had been operating a damned Murder Inc. in the Caribbean."

Lyndon B. Johnson

“In view of the general animal instinct of self-preservation so evident in everyone else, his [Maximilian Kolbe] desire to sacrifice himself for others surprised and intrigued me.”

Rudolf Diem, inmate-physician at Auschwitz

“We became aware someone among us in this spiritual dark night of the soul was raising the standard of love on high.  Someone unknown, like everyone else, tortured and bereft of name and social standing, went to a horrible death for the sake of someone not even related to him.  Therefore it is not true, we cried, that humanity is cast down and trampled in the mud, overcome by oppressors, and overwhelmed by hopelessness.  Thousands of prisoners were convinced the true world continued to exist and that our torturers would not be able to destroy it.  To say that Father Kolbe died for one of us or for that person’s family is too great a simplification. His death was the salvation of thousands.  That’s how we felt about it. That was a shock full of optimism, regenerating and giving strength; we were stunned by his act, which became a mighty explosion of light in the dark camp.”

Jerzy Bielecki, prisoner at Auschwitz, as quoted in A Man for Others, 1982

“The most deadly poison of our times is indifference. The Cross is the school of love.”

Maximilian Kolbe, executed at Auschwitz, August 14, 1941

The markets drifted around today, looking for another impulse from some direction to continue higher, or to give back some of the enthusiasm for a pause and reversal in Federal Reserve interest rate policy.

Gold and silver moved higher, but backed off from their daily high.

Both are poised for breakouts.

VIX drifted a little higher.

Tomorrow is a minor monthly stock option expiration.

Have a pleasant evening.