Stocks and Precious Metals Charts - And Because of the Increase in Lawlessness...

 

"When he came to the other side, to the territory of the Gadarenes, two demoniacs who were coming from the tombs met him.  They were so savage that no one could travel by that road.  They cried out, 'What have you to do with us, Son of God?   Have you come here to torment us before the appointed time?'  Some distance away a herd of many swine was feeding.  The demons pleaded with him, 'If you drive us out, send us into the herd of swine.'  And he said to them, 'Go then!'  They came out and entered the swine, and the whole herd rushed down the steep bank into the sea, and was drowned." 

Matthew 8:28-32 

 

"And some of us who have already begun to break the silence of the night have found that the calling to speak is often a vocation of agony, but we must speak. We must speak with all the humility that is appropriate to our limited vision, but we must speak." 

Martin Luther King, A Time to Break the Silence, Riverside Church, 4 April 1967

 

"You are of your father the devil, and your will is to fulfill your father's desires. He was a murderer from the beginning, and does not stand with the truth, because there is no truth in him. When he lies, he speaks from his own character— for he is a liar and the father of lies." 

John 8:44

 

"Indeed the safest road to Hell is the gradual one—the gentle slope, soft underfoot, without sudden turnings, without milestones, without signposts."

C.S. Lewis, The Screwtape Letters 

Stocks fell again today.

The US Dollar rallied.

Gold and silver were bid lower.

US Markets will be closed on Monday for Martin Luther King Day 

And in the end, what does it profit a man, to gain the comforts and advantages and victories of the world, but lose their souls, forever.

"It is here now, the supreme folly.  This is its hour."    Thomas à Becket

 Have a pleasant weekend.

 

Stocks and Precious Metals Charts - Just Another Day in the Kleptocracy - Stock Option Expiration Tomorrow

 

van Eyck, Fall of Phaeton

"The problem with movies and books is they make evil look glamorous, exciting, when it's no such thing. It's boring and it's depressing and it's stupid. Criminals are all after cheap thrills and easy money, and when they get them, all they want is more of the same, over and over." 

Dean Koontz

 

“The narcissist devours people, consumes their output, and casts the empty, writhing shells aside.” 

Sam Vaknin

 

"For decades the American financial system was stable and safe.  But then something changed.  The financial industry turned it's back on society, corrupted our political system and plunged the world economy into crisis.  At enormous cost, we've avoided disaster and are recovering.  But the men and institutions that caused the crisis are still in power and that needs to change.  They will tell us that we need them and that what they do is too complicated for us to understand.  They will tell us it won't happen again.  They will spend billions fighting reform." 

Charles Ferguson, Inside Job

There will be a stock market option expiration tomorrow.

Have a pleasant evening.

Stocks and Precious Metals Charts - Though the Heavens May Fall - Stock Option Expiration on Friday

 

"Decency, security and liberty alike demand that government officials shall be subjected to the same rules of conduct that are commands to the citizen.  In a government of laws, existence of the government will be imperiled if it fails to observe the law scrupulously.

Our Government is the potent, the omnipresent teacher.  For good or for ill, it teaches the whole people by its example.  Crime is contagious.  If the Government becomes a lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy." 

Louis Brandeis, dissenting, Olmstead v. United States 

 

“There are two ways to be fooled.  One is to believe what isn't true; the other is to refuse to believe what is true.” 

Søren Kierkegaard 

"When a man takes an oath, he is holding his own self in his own hands, like water.  And if he opens his fingers then, he need not hope to find himself again." 

Thomas More 

 

President Trump was impeached this evening, with ten Republican votes in favor. 

It will be interesting to see what evidence and facts are brought out in the investigation and trial in the Senate.

Stocks rallied today.

The Dollar moved back to the 90 handle mid-range.

The miners and metals were hit again.

There will be a stock market option expiration on Friday.

Have a pleasant evening.

 

Stocks and Precious Metals Charts - Metals Bounce - Stock Option Expiration on Friday

 

"And because of the increase in lawlessness the love of most will grow cold."

"Many will become addicted to hateful and malicious thoughts and harsh and hateful words. Slaves to their desires, they will be ferocious, angry and despising what is good and righteous.  With brutal treachery they act without restraint, bigoted and blinded by the delusions of their pride. They demand and find delight in the things of this world, and ignore their need to serve God first. They may act religious, but they want only to serve their own passions."

2 Timothy 3:1-5 

 

"Is this a sign that the Germans are so brutalized in the simplest human feelings, that no chord within them cries out at the sight of such deeds, and that they have sunk into a fatal lack of conscience from which they may never, ever awake?" 

The White Rose, Second Leaflet, Munich 1942 

"If you have not chosen the kingdom of God first, it will in the end make no difference what you have chosen instead.” 

William Law 

Stocks were trading weakly today, with the storied big cap techs showing the most fatigue.

The small caps in the Russell 2000 have been outperforming.

Gold and silver were in a back and forth shoving match most of the day, but finally went out near the highs.

The Dollar gave up its recent gains but managed to hold on the 90 handle by its fingernails.

There will be a stock option expiration on Friday.

Let's see how the rest of the week goes.   Many of the charts are at key pivot points.

It is said that privately Mitch McConnell believes that Trump should be impeached.  Et tu, Turtleman?

Have a pleasant evening.