10 April 2024

Stocks and Precious Metals Charts - Delivered From the Lion's Mouth

 

"God's temple in heaven was opened, and the ark of his covenant could be seen.  And there came flashes of lightning, rumblings, peals of thunder, earthquakes, and severe storms.   A great sign appeared in the sky, a woman clothed with the sun, with the moon under her feet, and on her head a crown of twelve stars."

Revelation 11:19-12:1

"Surely, there is at this day a confederacy of evil, marshaling its hosts from all parts of the world, organizing itself, taking its measures, enclosing the church of Christ as in a net, and preparing the way for a general apostasy from it.  Whether this very apostasy is to give birth to Antichrist, or whether he is still to be delayed, we cannot know; but at any rate this apostasy, and all its tokens, and instruments, are of the Evil One and savor of death.

Far be it from any of us to be of those simple ones, who are taken in that snare which is circling around us!   Far be it from us to be seduced with the fair promises in which Satan is sure to hide his poison...

He prompts you what to say, and then listens to you, and praises you, and encourages you.  He bids you mount aloft.  He shows you how to become as gods.  Then he laughs and jokes with you, and gets intimate with you; he takes your hand, and gets his fingers between yours, and grasps them, and then you are his."

J.H.Newman, The Times of Antichrist

"As it was in the days of Noah, so shall it be with the coming of the Son of man. In the days before the flood, they were eating and drinking, marrying and being given in marriage, even to that very day in which Noah entered into the ark. They did not understand what was happening, until the flood came and swept them all away. This is how it will be with the coming of the Son of Man."

Matthew 24:37-39

"Be sober, be vigilant. Your adversary, the devil, prowls the earth like a roaring lion, seeking those whom he may devour."

1 Peter 5:8

"But the Lord stood by me, and strengthened me, so that the message might be fully proclaimed that all the Gentiles might hear.  And I was delivered from the lion's mouth."

2 Timothy 4:17

"For we wrestle not against flesh and blood, but against principalities and powers, against the rulers of the darkness of this world, against spiritual wickedness in high places."

Ephesians 6:12

 

As I am sure you have already heard, the Consumer Inflation number came in higher than expected this morning.

Some of the phantom rate cuts again went by the wayside of reality.

The Dollar rallied strongly, putting in over 100 basis points on the DXY index.

Stocks fell sharply.  The mispricing of risk is sometimes difficult to maintain.

Gold and silver came some ground back, but not nearly as badly as one would have seen even a few months ago.

Physical buying in the East may be sustaining the price.  

PPI tomorrow.

Let's see if the bipolar market punters can swing back to delusional again.

Need little, want less, love more.

For those who abide in love abide in God, and God in them.

And in the end, when all is said and done, what else is there that matters?

Have a pleasant evening.