07 May 2020

Stocks and Precious Metals Charts - The Pool of Siloam


"Consult together, argue your case.
Get together and decide what to say.
Who made these things known so long ago?
What vain idol ever told you what would happen?
Was it not I, the Lord?
For there is no other God but me, a righteous God and Savior.
There is none but me."

Isaiah 45:21

Gold and silver shook off the pre-NFP hit from yesterday, and stuffed the price back in the face of the bullion banks and the bears.

Let's see how we go after the Jobs report tomorrow.  The Jobs numbers may be pretty ugly.  Or not.

If they are ugly watch the dollar.   

Stocks added to their post crash rally.

Non-Farm Payrolls tomorrow.

Have a pleasant evening.



06 May 2020

Stocks and Precious Metals Charts - Stocks Fizzle - Non-Farm Payrolls Report Coming


"Bullies are not as sophisticated or as smooth as the manipulative type, as they rely on coercion, abuse, humiliation, harassment, aggression, and fear to get their way.  Psychopathic bullies do not feel remorse, guilt, or empathy. They lack any insight into their own behavior, and seem unwilling or unable to moderate it, even when it is to their own advantage.

They are adept at manipulating people—pulling the strings—from a distance, in order to get those directly under their control to abuse or bully those lower down in the organization. Because they see most people as weak, inferior, and easy to deceive, psychopathic con artists will often tell you that their victims deserved what they got."

Paul Babiak and Robert Hare, Snakes in Suits

Stocks took a run at another day of gains, but pretty much gave them all up into the close, going out on the lows.

Except for big cap tech of course. Digital will save us.

Gold took a real shot, in part because of a stronger dollar, but mostly as anticipated with a Non-Farm Payrolls Report coming up on Friday.

I am wondering if we get the hit up front, and then gold bases and resumes its rally with the news.

Well, we will have to see on this. It's not like fundamentals are driving much.

Have a pleasant evening.





05 May 2020

Stocks and Precious Metals Charts - Happy Cinco de Mayo - Stock Rally Fades in the Last Hour


"He has shown you what is good. The Lord requires you to act justly, and to love kindness and mercy, and to walk humbly with your God."

Micah 6:8


"People who know nothing of God and whose lives are centered on themselves, imagine that they can only find themselves by asserting their own desires and ambitions and appetites in a struggle with the rest of the world.  They try to become real by imposing themselves on other people, by appropriating for themselves some share of the limited supply of created goods and thus emphasizing the difference between themselves and the other men who have less than they, or nothing at all."

Thomas Merton


"Everyone knows that plagues have a way of recurring throughout history, yet somehow we find it hard to believe in the ones that crash down on us out of the sky. There have always been plagues and wars, yet they always take us by surprise. When war breaks out people say it's stupid and won't last long. Stupidity has a knack of getting in the way, which we would see if not wrapped up in ourselves. In this our townsfolk were like everybody else— they did not believe in plagues."

Albert Camus, The Plague


"In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter, any attack, even on the least of men, is an attack on Christ, who took on the form of man, and in his own Person restored the image of God in all.  Through our relationship with the Incarnation, we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our solidarity with all mankind."

Dietrich Bonhoeffer

Stocks were in risk on rally mode today.

They were full steam ahead, until the last hour, when reality intruded and they gave up a chunk of their gains.

The Dollar and gold and silver were higher.

We can look forward to a Non-Farm Payrolls report on Friday.

I was very busy today outside doing yardwork, and then helping review my son's thesis which he submitted today.

And I gave Dolly a bath. She was not happy.

There are many voices in this world.

We choose those to which we listen. Those are the ones that we love, for whatever reason.

Some say that they would listen to the good news, but God does not speak to them.

He does speak. He speaks as directly as He had done when He walked this earth among us.

We choose not to listen.

Because we wish to please ourselves.

We will reap as we sow.

Have a pleasant evening.





04 May 2020

Stocks and Precious Metals Charts - Non-Farm Payrolls Report on Friday



Stocks faltered a bit off the open, but gained ground and managed to end the day higher led by big cap tech.

Gold and the Dollar gained a bit while silver gave up a little ground, and the 15 handle.

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

Have a pleasant evening.