10 February 2021

Stocks and Precious Metals Charts - A Pause, But Does it Refresh

 

"It is very easy to get drunk with hate.  Hate is like the glass of whisky which is given to the soldiers before a bayonet charge.  Whisky stimulates but does not nourish.   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, Auschwitz 

 

 "You are of your father the devil, and you want to do the desires of your father.  He was a murderer from the beginning, and does not stand in the truth because there is no truth in him.  Whenever he speaks a lie, he speaks from his own nature, for he is a liar and the father of lies." 

John 8:44

 

Stocks managed to rally back to about unchanged, despite a dip intraday.

The dollar did the same.

Gold managed to gain a bit, while silver fell back to the start of the week.

The behaviour of too many Americans has become increasingly foolish, hateful, fantastical and shameful,  hysterical, and nuts.

Not here.

Have a pleasant evening.

 

09 February 2021

Stocks and Precious Metals Charts - For What Does It Profit a Man - Fīat Jūstitia Ruat Cælum

 

"Isaiah was right about you hypocrites when he said:

 'These people honour me with their lips,
  but their hearts are far from me.
  In vain do they offer me worship as
  their teachings are merely the preferences of their own.” 

Mark 7:6-7 

 

"I urge you, brothers and sisters, to be wary of those who cause division and undermine the faithful, in opposition to the teachings that you have learned.  Shun them.  For such people do not serve our Lord, but their own appetites.  And by clever words and flattery they deceive the hearts of the innocent and naive." 

Romans 16:17-18

 

"Such is the way with the multitude of men everywhere and at all times; 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.   For that contracted, defective range of duties, which falls so short of God's law, is just what they can fulfill;  or rather they choose it, and keep to it, because they can fulfill it. 

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, which may befall them, though their religion mainly lies in certain outward observances, and not a great number even of them." 

John Henry Newman

 

Stocks held steady at the end, despite a little wobbling, at their recent lofty highs. 

The Dollar gave up about half its recent gains, falling back down towards 90.

Gold advanced a little, but silver fell back to its open at the beginning of the week.

The trial of Trump in the Senate began today.

The plague wears on taking even those who to the end would not believe it.

Those who would make us mad are doubling down on their madness.  

All they have left now is audacity, and shamelessness.  Their hypocrisy knows no bounds.

"It was too easy to die for what was good or beautiful, for home or children or civilization--it needed a God to die for the half-hearted and the corrupt.” 

Graham Greene, The Power and the Glory

Have a pleasant evening.

 

 

08 February 2021

Stocks and Precious Metals Charts - Dumb Jokes Like the US Markets, but Funnier - Hard Time Killing Floor Blues

 

“Learn what is to be taken seriously and laugh at the rest.” 

Herman Hesse

 

All things considered, I thought we can use some comic relief today. 

So here it is.

Q: What did the salad say to the congregation?

A: Lettuce pray.

Q: What did the bartender say to the horse who came in for a drink?

A: Why the long face?

Q: What did the Dalai Lama order when he went to Pizza Hut?

A: One with everything.

 

 Stocks rallied today.

The precious metals continued to move higher.

Very serious people continued to say very important things.

And the band played on.

Have a pleasant evening.

 


05 February 2021

Stocks and Precious Metals Charts - From Fear to Complacency - Metals Bounce Back after Market Mugging

 

Stocks continued to push higher. 

The metals bounced after the calculated hit ahead of the Non-Farm Payrolls report, in the most crooked of Wall Street traditions. 

The Dollar dumped about 50 cents and gave up the 91 handle. 

Have a pleasant weekend.