Stocks and Precious Metals Charts - Called to the Supper of the Lamb - Expiry, FOMC and Non-Farm Payrolls

“People are often unreasonable and self-centered.
        Forgive them anyway.

If you are kind, people may accuse you of ulterior motives.
        Be kind anyway.

If you are honest, people may cheat you.
        Be honest anyway.

If you find happiness, people may be jealous.
        Be happy anyway.

The good you do today may be forgotten tomorrow.
        Do good anyway.

Give the world the best you have and it may never be enough.
        Give your best anyway.

For you see, in the end, it is between you and God—
        It was never between you and them anyway.”

Mother Teresa


"Little children, I am with you only a little longer...  I give you a new commandment, that you love one another.   Just as I have loved you, so you should love one another.  By this people will know that you are my followers, if you have love for one another.

If anyone would love me, they will keep my word.  And the Father and I will come to them, and dwell with them.  Anyone who does not keep my word does not love me."

John 13:33-35 14:23

What a tangled web of complexity and exceptions we weave to twist this simple and straightforward commandment to our wills.  These are the illusions that we cherish and hold so close, as a mask to hide our deformities from the world, and from ourselves.

Alphabet missed its numbers after the bell. Oops

Today was a minor option expiration for the precious metals on the Comex.

There will be an FOMC decision on Wednesday and a Non-Farm Payrolls report on Friday.

It was a risk on day, as the dollar and gold moved lower, and stocks hit new highs on several indices.

Even though it was foretold, it is still surprising that so many are letting their souls slip away.

But it is a madness that they are thrown away for so little.

For what does it profit a man?

Have a pleasant evening.

Stocks and Precious Metals Charts - Bumping Up - Comex Option Expiration Next Week

“The whole edifice of modern financial theory is, as described earlier, founded on a few simplifying assumptions.  It presumes that homo economicus is rational and self-interested.  Wrong, suggests the experience of the irrational, mob-psychology bubble and burst of the 1990's.  A further assumption: that price variations follow the bell curve. Wrong, suggests the by-now widely accepted research of me and many others since the 1960's.”

Benoît B. Mandelbrot, The (Mis)Behavior of Markets

There will be a gold option expiration on the Comex next week.

Stocks are once again bumping their heads on the prior highs.

Gold attempted to break out of its current consolidation pattern today, but failed to hold the close.

Have a pleasant weekend.

Stocks and Precious Metals Charts - The Walking Dead and the Markets

"But I have always been seated in first class!  Let me talk to your supervisor."

“When you see clouds forming in the west, you say, ‘A storm is gathering’? And then the rains come. And when you feel the south wind blowing, you say, ‘Hot weather is on the way.’ And so it happens. What hypocrites you are. You are so good at forecasting the weather, but you are totally unwilling to accept the spiritual significance of the times in which you live. You can’t even think for yourselves, and choose what is righteous and good."

Luke 12:54=57


"I urge you, brothers and sisters, to be wary of those who cause divisions and undermine the faithful, in opposition to the teaching that you have learned. Avoid 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

The markets appear to be on edge.  A reckoning seems to be coming.

It is probably only a matter of time, given the sheer amount of brazen shamelessness and lying.

The mispricing of risk is doing its bad work.  And some day in the not too distant future, some market sector, rotten with hidden risks, will rise up like a horde of the walking day, and assault the financial markets as had happened in 2008.

They be doing so already, given the huge amounts of money that the Fed is being required to administer to the Banks, now on a daily basis and in size.

And as for yourself, and the things that truly matter, do not follow this one, or that one.  Or believe in this school, or that school.  Or be excited and disquieted and misled by false words and flattery from demagogues and con men.    When you are judged you will not be asked who you know, and what influences and groups you may have followed as you do now.

For you know without a doubt that the things which you loudly and proudly proclaim now will seem useless and utterly impertinent and foolish then.

Rather, walk with God, with your eyes on His light as He has given it, and let others follow as best that they may.  For they will answer for themselves, as you will answer for your own.

Have a pleasant evening.