Stocks and Precious Metals Charts - Safer Harbors - Quiet Comex Expiration

 

"They do not see the image of Almighty God before them, and ask themselves what He wishes.   And, for the same reason that they do not please Him, they succeed in pleasing themselves.  Hence, they become both self-satisfied and self-sufficient; – they think they know just what they ought to do, and that they do it all; and in consequence they are very well content with themselves, and rate their merit very high, and have no fear at all of any future scrutiny into their conduct."

John Henry Newman

"At times our own light goes out and is rekindled by a spark from another person.  Each of us has cause to think with deep gratitude of those who have relighted the flame within us."

Albert Schweitzer

The sinner, having forsaken the service of his God, falls under the dominance of Satan, and becomes the slave of his lowest passions, which are signified by the swine which the prodigal was forced to feed.  But the more he obeys his passions, the more dissatisfied he becomes.  No pleasure of the senses can give him happiness, and he feels an emptiness and spiritual hunger in his heart which he is powerless to satisfy. He knows no rest; he only knows that he is miserable, and hateful to himself...

Though the sinner has offended Him so grievously and so often, yet He does not reproach him, but forgives him everything, and restores him to his former rights and dignity of sonship.  God alone can love in this way, and to us this sort of love is inconceivable. Our Lord portrays this narrow-mindedness of ours in the conclusion of the parable.  The elder son cannot understand his father’s joy; he murmurs at it, and refuses to take part in it; and even professes to believe that his father prefers the returned prodigal to himself, the faithful, obedient and industrious son.  By this behaviour of the elder son our Lord signifies the jealousy of the Pharisees, who considered themselves to be just, and murmured at the deep interest which Jesus took in sinners."

Friedrich Justus Knecht, The Prodigal Son

"We pray for the big things, and forget to give thanks for the ordinary, small, and yet really not so small, blessings.”

Dietrich Bonhoeffer

 

Stocks took a dive today, as one might have expected with this kind of risk-blindness we have been seeing in the recent spate of low VIX readings.

The Dollar and gold caught some safe haven tradings.

Silver followed equities lower.

So, is this yet another 'new bull market' in equities all shot to hell?

Maybe, but we certainly don't know so yet.

So far its just a fairly normal correction.

Stock futures were bouncing for joy after the bell as some of the big cap tech stocks released their earnings results.

People love the lie too much to let go of it quickly or easily.

That seems to be an unambiguous trend in many of our most prominent public figures these days.

I think its the pride.  It causes people to blind themselves.

And cry big salty tears for their favorite con man, while trampling on love and the truth with self-satisfied delight.

Well, the rinse follows wash, so we might see a rally in risk tomorrow.

But let's see if stocks can keep moving higher past this great resistance area that has destroyed the last three rally attempts at breaking it.

Have a pleasant evening.

Stocks and Precious Metals Charts - On the Road to Emmaus - Comex Precious Metals Options Tomorrow

 

‘I am the good shepherd.  The good shepherd lays down his life for the sheep.  The hired hand is not the shepherd and does not own the sheep.  So when he sees the wolf coming, he abandons the sheep and runs away.  Then the wolf attacks the flock and scatters it.  The man runs away because he is a hired hand and cares nothing for the sheep.

I am the good shepherd; I know my sheep and my sheep know me – just as the Father knows me and I know the Father – and I lay down my life for the sheep.  I have other sheep that are not of this fold.  I must bring them also.  They too will listen to my voice, and there shall be one flock and one shepherd.'

John 10:11-16

“Woe to the shepherds, who have been feeding only themselves.  You eat the fat, you take the wool, and you slaughter the fattest animal, but you do not feed the flock.  You have not strengthened the weak or healed the sick or bandaged the injured or brought back the strays or looked for the lost; rather, you have ruled them with harshness and tyranny."

Ezekiel 34:1-4

"We all declare for liberty; but in using the same word we do not all mean the same thing.  With some the word liberty may mean for each man to do as he pleases with himself, and the product of his labor; while with others the same word may mean for some men to do as they please with other men, and the product of other men's labor. 

The shepherd drives the wolf from the sheep's throat, for which the sheep thanks the shepherd as his liberator, while the wolf denounces him for the same act as the destroyer of liberty.  Plainly the sheep and the wolf are not agreed upon a definition of the word liberty; and precisely the same difference prevails today among us human creatures."

Abraham Lincoln, Baltimore Maryland, April 18, 1864

Stocks waffled around today, ahead of the start of the big Tech earnings reports this week.

The Dollar fell.

Gold and silver rallied a bit.

VIX popped and flopped.

There will be a Comex option expiration tomorrow.

Have a pleasant evening.

Stocks and Precious Metals Charts - So Shall They Reap

 

“National Socialism was a revulsion by my friends against parliamentary politics, parliamentary debate, parliamentary government—against all the higgling and the haggling of the parties and the splinter parties, their coalitions, their confusions, and their conniving.  It was the final fruit of the common man's repudiation of 'the rascals'.  Its motif was, 'Throw them all out.'

I fooled myself.   I had to.  Everybody has to.  If the good had been twice as good and the bad only half as bad, I still ought to have seen it.  But I didn't want to see it, because I would have then had to think about the consequences of seeing it, what followed from seeing it, what I must do to be decent. I wanted my home and family, my job, my career, a place in the community.”

Milton Mayer, They Thought They Were Free, 1933-1945

"The worst forms of tyranny, or certainly the most successful ones, are not those we rail against but those that so insinuate themselves into the imagery of our consciousness, and the fabric of our lives, as not to be perceived as tyranny. The enormous gap between what US leaders do in the world and what Americans think their leaders are doing is one of the great propaganda accomplishments of the dominant political mythology."

Michael Parenti

“'I just got this down from upstairs — meaning the Secretary of Defense’s office— today.'   And he said, 'This is a memo that describes how we’re going to take out seven countries in five years, starting with Iraq, and then Syria, Lebanon, Libya, Somalia, Sudan and, finishing off, Iran.'  I said, 'Is it classified?'  He said, 'Yes, sir.'   I said, 'Well, don’t show it to me.'”

General Wesley Clark, Seven Countries in Five Years, 2007

"Be not deceived, for God is not mocked. Whatsoever a man sows, so shall he reap."

Galatians 6:7

"The wealth of another region excites their greed; and if it is weak, their lust for power as well.   Nothing from the rising to the setting of the sun is enough for them.  Among all others only they are compelled to attack the poor as well as the rich.   Plunder, rape, and slaughter they falsely call empire; and where they make a desert, they call it peace."

Tacitus

Ladies and gentlemen, another intraday wash and rinse for the stock index option expiration.

The Dollar rocketed higher, and gold and silver were slammed.

Stocks plunged.

And by the end of the day everything was all flat again, except for gold and silver perhaps.

The VIX fell again into the diminished expectation of uncertainty.

There will be a precious metals option expiration this coming Tuesday the 25^th on the Comex.

Need little, want less, love more.  For those who abide in love abide in God, and God in them.

Beware the leaven of the Pharisees, which is a hollow, pretentious hypocrisy.

Have a pleasant weekend.