22 July 2021

Stocks and Precious Metals Charts - There Must Be Some Way Out of Here

 

“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."

 John Henry Newman 

 

"The great masquerade of evil has played havoc with all our ethical concepts.   For evil to appear disguised as light, as charity, as historical necessity, or social justice is quite bewildering to anyone raised on traditional ethical concepts.  But for the Christian who builds his life on the word of God, it merely confirms the fundamental perversity of evil." 

Dietrich Bonhoeffer 


"The most important problem in the world today is your soul, for that is what the struggle is about." 

Fulton J. Sheen

 

Stocks finished higher today, led by the big cap tech story stocks.

The Dollar chopped sideways just shy of the 93 handle. 

 Gold and silver moved slightly higher.

The miners were under a bit of pressure.

FOMC and a Comex option expiration next week.

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

Have a pleasant evening.


21 July 2021

Stocks and Precious Metals Charts - Vanities

 

 “We fear men so much, because we fear God so little.” 

 G. K. Chesterton 

 

“A true opium of the people is a belief in nothingness after death - the huge solace of thinking that for our betrayals, greed, cowardice, and even murders that we are not going to be held to account.” 

Czesław Miłosz 

 

What a difference a day makes in these fickle, financialized markets.

Stocks managed to rally again today.  

Gold held its ground while silver managed to rally back from the engineered takedown on Monday.

The Dollar chopped sideways. 

We have so little shame, or sense and respect for what really matters.

But for what?  What? 

Most forfeit their souls for some passing vanity, in the long run is little or nothing, shameless and defiant.

And that willfulness is the real tragedy.

Have a pleasant evening. 

 

20 July 2021

Stocks and Precious Metals Charts - Bipolar Markets Dancing to the Banker's Tune

 

“Do not fear.  Stand your ground and see the victory the Lord will win for you.   For these Egyptians whom you see today you will never see again.   The Lord will fight for you; you have only to keep still.” 

Exodus 14:13-14

 

Stocks rallied higher today, gaining back most of yesterday's losses, as the bipolar nature of this market continues to enchant its fevered spokesmodels.

Gold and silver finished a little lower, while the Dollar DX index finished six cents higher, just below 93. 

What will they think of next.

Have a pleasant evening.

 

 

19 July 2021

Stocks and Precious Metals Charts - Of What Use Are the Victories - Churn and Burn

 

“Thus says the Lord who created you,
and He who formed you:
'Fear not, for I have redeemed you;
    I have called you by name;  you are mine.
When you pass through the waters, I will be with you;
    and through the rivers, they shall not overwhelm you;
when you walk through fire you shall not be burned,
    and the flame shall not consume you.'"

Isaiah 43:1-2 

 

"Do not be surprised, my brothers and sisters, if the world hates you.  We know that we have passed from death to life, because we love one another.  Anyone who does not love is in thrall to death. Anyone who hates a brother or sister is a murderer.  And you know that no murderer has life eternal residing in him.

This is how we know what love is: the Lord laid down his life for us. And we ought to lay down our lives for our brothers and sisters.  If anyone has material plenty and sees a brother or sister in need but has no pity on them, how can the love of God be in that person? 

Little children, let us not love with words or speech but with actions and in truth."

1 John 3:13-18


“The real conflict is the inner conflict.  Beyond armies of occupation and the catacombs of extermination camps, there are two irreconcilable enemies in the depth of every soul: good and evil, sin and love.  And what use are the victories on the battlefield if we are ourselves are defeated in our innermost selves?” 

Maximilian Kolbe

 

Stocks had a rough time today over concerns about the reoccurence of Covid in its variants.

One might expect this concern to fleeting, merely the precipitant for another market churn, a wash and rinse.

The Dollar was slightly higher after a choppy trading day.

Gold finished unchanged, after a fairly energetic bear raid by the bullion banks in the quiet trading hours.

Silver never recovered from its own hit and finished lower.

Let's see how the financiers run the market for the rest of the week. 

Do not envy the ornaments of this wicked and faithless generation.   This is not for you.

Have a pleasant evening.