Stocks and Precious Metals Charts - They Did Not Know What Was Happening

 

"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 12:1

“God's truth judges created things out of love, and Satan's truth judges them out of envy and hatred.  Judging others makes us blind, whereas love is illuminating.  By judging others we blind ourselves to our own evil and to the grace which others are just as entitled to as we are.”

Dietrich Bonhoeffer

"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 know what was happening, even as the flood came and swept them all away."

Matthew 24:37-39

"Be merciful, just as your Father in heaven is merciful.   Judge not, and you will not be judged.  Do not condemn, and you will not be condemned.  Forgive, and you will be forgiven.  Give, and it will be given to you.  A good measure, pressed down, shaken together and running over, will be poured for you.  For as you measure, it will be measured to you."

Luke 6:36-38

"For our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world and against the spiritual forces of evil in the heavenly realms.  Therefore put on the full armor of God, so that when the day of evil comes, you may be able to stand your ground, and after everything you have endured, to remain standing."

Ephesians 6:12-13


Stocks did another pop and flop here at the current lofty level.

Gold and silver were hit, but gold managed to take its loss back.  

Silver not so much.

I suspect that at some point we will see gold up $50-100/ounce overnight. 

As for silver, depending on the circumstances, its move might be harrowing to the metal bears.

But let's see what happens.

The VIX of course fell.

There will be some key economic data coming out this week.

PCE, the favored measured of inflation at the Fed, will be reported on Thursday.

The markets are whistling past a geopolitical graveyard.

Have a pleasant evening.

Stocks and Precious Metals Charts - They Harden Their Hearts

 

"O Nebuchadnezzar, we do not need to defend ourselves before you in this matter.  If we are thrown into the blazing furnace, the God we serve is able to save us from it, and he will rescue us from your hand, O king.  But if not, even if he does not preserve us, we want you to know, O king, that we will not serve your gods or worship the false images you have set up and commanded us to worship."

Daniel 3:16-18

"Take a stand for that which is right, and the world may misunderstand you and criticize you, but you never go alone.  Wherever you are going this morning, my friends, tell the world that you're going with truth.  You're going with justice, you're going with goodness, and you will have an eternal companionship.  And the world will look at you and they won't understand you, for your fiery furnace will be around you, but you'll go on anyhow.

But if not, I will not bow, and God grant that we will never bow before the gods of evil."

Martin Luther King, But If Not, Atlanta, Georgia, November, 1967

"We may boast that we are the chosen people; we may even thank God that we are not like other men.  But after all it will be but flattery, and the delusion, the self deceit of the Pharisee."

John Adams, Letter to John Taylor, 29 July 1814

"Time and again we hope for better leaders, but all too often those hopes are dashed. The reason is that power causes people to lose the kindness and modesty that got them elected, or they never possessed those sterling qualities in the first place. They have the ultimate secret weapon to defeat their competition. They’re shameless.”

Rutger Bregman, Humankind: A Hopeful History

"Greed is not good.  Greed is a disease, an aberration of simple honest ambition and necessary provision taken to excess.  And yet this generation would make a god of it.  Greed is contagious, and attacks the very contentment of society at its heart, turning it towards oligarchy and oppression.

Jesse, Greed Is Not Good, 19 December 2010

“Hear now, O Israel: Is my way not just?  Is it not your ways that are not just?  When a righteous person turns away from his righteousness and does injustice, he shall die for it; for the injustice that he has done he shall die.  Again, when a wicked person turns away from the wickedness he has committed and does what is just and right, he shall save his life.  Because he considered and turned away from all the transgressions that he had committed, he shall surely live; he shall not die."

Ezekiel 18:25-28


No, they seem to never learn.  Because the dark forces they have taken into their hearts do not want to leave: fear and greed, lust for possessions and power.  They want in their bitterness to remain, and to destroy and devour creation.

And if you tell them, they will hate you, and silence and abuse you.

But you will tell them anyhow.   Because that is what is demanded by love.

Stocks popped and flopped today.

VIX continued to fall towards an oddly displaced disregard for the world.

The Dollar was flat.

Gold and silver rallied and the miners recovered after their recent flogging.

The gold inventories in Hong Kong are scraping the bottom of the barrel.  Time for a recharge.

Wash - rinse - repeat.

God's justice will not remain silent for much longer.

Have a pleasant weekend.

 

Stocks and Precious Metals Charts - Risk On! - Our Brave New World

 

"Strive for peace with all, and for the holiness without which no one will see the Lord,  Take care that no one loses the grace of God, and that no bitterness takes root and flourishes, by which many will become corrupted."

Hebrews 12:14-15

"Bitterness has a tenacious way of taking root deep within the soul and resisting all efforts to weed it out.  Bitterness occurs for many reasons. Time, rather than diminishing the hurt, only seems to sharpen the pain.  You find yourself rehearsing the offense over and over again, each time driving the root of bitterness deeper within your soul.  Bitterness can derive from a sense of being unjustly treated.

Bitterness is easy to justify.  You can get so used to a bitter heart that you are even comfortable with it, but it will destroy you.  Only God is fully aware of its destructive potential. There is nothing so deeply embedded in your heart that God’s grace cannot reach down and remove it.  No area in your life is so painful that God’s grace cannot bring total healing. No offense committed against you is so heinous that God’s love cannot enable you to forgive.

When you allow bitterness to grow in your life, you reject the grace of God that can free you.  If you are honest before God, you will admit the bitterness and allow God to forgive you.  Bitterness enslaves you, but God is prepared to remove your bitterness and replace it with His peace and joy."

Henry Blackaby, Bitterness

"Anyone who does not do what is good is not God’s child, nor is anyone who does not love their neighbor."

1 John 3:10

"But the lawyer, wanting to justify himself, said to Jesus, 'And who is my neighbor?'”

Luke 10:29

"Put on the whole armor of God, that you may be able to stand against the wiles and snares of evil.  For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.  Therefore, take on the whole armor of God, that you may be able to withstand the evil of this day and, at the end of all things, remain standing."

Ephesians 6:11-13

Nvidia's forecast after hours lit a fire under the bulls.

And they came in snorting and short-squeezing this morning, across the board.

No worries, risk on it was.

Those who hedged a bad number out of Nvidia got smoked.

Gold drifted a little lower along with silver and the Dollar.

VIX fell.

Like I said, risk on.

The miners were beaten with an ugly stick.

A man might have been tempted to selectively buy a few of the more absurd valuations.

Wash - rinse - repeat.

We have the most efficiently shameless con men in the world.

Today is the anniversary of the execution of Sophie Scholl on  February 22, 1943.

Have a pleasant evening.