Stocks and Precious Metals Charts - Shenanigans Abounding

 

“What we would like to do is change the world--make it a little simpler for people to feed, clothe, and shelter themselves as God intended them to do.  And, by fighting for better conditions, by crying out unceasingly for the rights of the workers, the poor, of the destitute--the rights of the worthy and the unworthy poor, in other words--we can, to a certain extent, change the world; we can work for the oasis, the little cell of joy and peace in a harried world. 

We can throw our pebble in the pond and be confident that its ever widening circle will reach around the world.  There is nothing we can do but love, and, dear God, please enlarge our hearts to love each other, to love our neighbor, to love our enemy as our friend.” 

Dorothy Day

 

“Above all, do not lie to yourself.  A man who lies to himself and listens to his own lie comes to a point where he does not discern any truth either in himself or anywhere around him, and thus falls into disrespect towards himself and others.  Not respecting anyone, he ceases to love, and having no love, he gives himself up to passions and coarse pleasures in order to occupy and amuse himself, and in his vices reaches complete beastiality, and it all comes form lying continually to others and himself. 

A man who lies to himself is often the first to take offense. it sometimes feels very good to take offense, doesn't it?  And surely he knows that no one has offended him, and that he himself has invented the offense and told lies just for the beauty of it, that he has exaggerated for the sake of effect, that he has picked up on a word and made a mountain out of a pea--he knows all of that, and still he is the first to take offense, he likes feeling offended, it gives him great pleasure.”

Fyodor Dostoevsky

 

"For what does it profit a man, to gain the whole world, but lose his very soul?" 

Mark 8:36 

 

Today was the quadruple witching options expiration, and the final index option expiration for the year.

There will be a minor Comex metals option expiration on the 28th.

I sat the day out in cash, and spent most of my time on other things. 

Fīat jūstitia ruat cælum.

Have a pleasant weekend. 

Stocks and Precious Metals Charts - Da Pacem Domine

 

“The great masquerade of evil has played havoc with all our ethical concepts.  For evil to appear disguised as light, compassion, historical necessity or social justice is quite bewildering to anyone brought up on our traditional ethical concepts, while for the Christian who bases his life on the Word, it merely confirms the fundamental wickedness of evil. 

Mere waiting and looking on is not Christian behavior.  Christians are called to compassion and to action.  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 himself, 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, Letters and Papers from Prison

 

Tomorrow will be the quad witch, the last big index option expiration of the year. 

Gold and silver continued moving higher.

Silver can be quite impressive when it shakes off the pressures of a concerted price suppression.

I hope you did not lose your positions in this latest episode.

The Dollar rolled over and broke the 90 handle.

Stocks continued moving higher on stimulus expectations, shaking off the worse than expected macroeconomic data.

Have a pleasant evening.

 

Stocks and Precious Metals Charts - Metals Rally Higher

 

"We are slow to master the great truth that even now Christ is, as it were, walking among us, and by His hand, or eye, or voice, bidding us to follow Him.  We do not understand that His call is a thing that takes place now.  We think it took place in the Apostles' days, but we do not believe in it; we do not look for it in our own case. 

God's presence is not discerned at the time when it is upon us, but afterwards, when we look back upon what is gone and over.  The world seems to go on as usual.  There is nothing of heaven in the face of society, in the news of the day.  And yet the ever-blessed Spirit of God is there, ten times more glorious, more powerful than when He trod the earth in our flesh." 

John Henry Newman

 

"It is easy to get drunk with hate.  Hate is not creative, only love is creative. These sufferings will not cause us to crumble but will help us, more and more, to become stronger.  They are necessary—together with the sacrifices of others—so that the ones who come after us may be happy.” 

Maximilian Kolbe

 

"Kolbe looked directly and intently into the eyes of those entering the cell.  Those eyes of his were always strangely penetrating.  The SS men couldn’t stand his glance, and used to yell at him, Schau auf die erde, nicht auf uns!  Kolbe was a psychic trauma, a shock for the SS men who had to bear his look, a look that hungered not for bread, but to liberate them from evil." 

Bruno Borgowiec, fellow prisoner at Auschwitz

 

Gold and silver continued to move higher.

I am starting to consider the next targets should they break out and be confirmed.

Stocks were listless early but rallied strongly after the very dovish stance of the Fed in their afternoon message.

Unlike gold and silver they did not go out on the highs.

The US Dollar DX continued to roll over, looking for support around the 90 level.

We are prepared for a significant nor'easter this evening with high winds and deep snows.

We must also prepare ourselves to not fall into the trap of judging others, and harshly, in order to blind ourselves to the great failings of our own hardened hearts.

This pridefulness and scorn for others is the great falling away of our age. one of the great snares of the high minded ideologues, the leaven of the Pharisees.

Prepare yourself first, and make yourself acceptable, showing mercy and love to your brothers and sisters, and judging them not before you have washed your own self clean.

Then you may receive the three great gifts, of repentance, forgiveness, and thankfulness from God.

And from this will flow all your joy and happiness, peacefulness and contentment, now and forever.

Have a pleasant evening.

 

Stocks and Precious Metals Charts - Metals Rebounding

 

Metals rallied sharply higher today. 

There were compressed from being tinkered with ahead of the quad witch option expiration.

The Dollar continued to rollover. 

Stocks ripped higher. 

And a pleasant time is guaranteed for all. 

 Have a pleasant evening.