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Babylon the Great - Stock Option Expiration on Friday

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Published : November 17th, 2022
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Category : GoldWire

“'Come, I will show you the judgment of the great harlot who is seated upon many waters, with whom the rulers of the world have committed sin, and with the wine of whose immorality the worldly have become drunk.” And he carried me into the wilderness, and I saw a woman sitting on a scarlet beast, full of blasphemous names, with seven heads and ten horns. The woman was arrayed in purple and scarlet, adorned with riches, holding in her hand a golden cup full of idolatry and the impurities of her lawlessness; and on her forehead was written a name of mystery: 'Babylon the great, mother of harlots and of earth’s abominations.'"

Revelation 17:1-6

"The wealth of another region excites their greed; and if it is weak, their lust for power as well.  Nothing from the rising to the setting of the sun is enough for them.   Among all others only they are compelled to attack the poor as well as the rich.  Robbery, rape, and slaughter they falsely call empire; and where they make a desert, they call it peace."

Tacitus

"We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men.  Do remember that dishonesty and cowardice always have to be paid for.   Don't imagine that for years on end you can make yourself the boot-licking propagandist of any régime, and then suddenly return to mental decency."

George Orwell

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects."

R. J. Rummel, Death by Government: A History of Mass Murder and Genocide Since 1900

"Then the kings of the earth, their nobles and their commanders, the rich, the powerful, and every one of their willing slaves and free men, hid in the caves and among the rocks of the mountains.  And they cried to the mountains and the rocks, 'Fall on us, and hide us from the face of the one who sits on the throne, and from the righteous anger of the Lamb.'"

Rev 6:15-16

Stocks slid on a worse than expected report from retail giant Target.

Some were puzzled about the miss in Target, and the exception report from rival Walmart.

The short answer is Walmart's grocery business, which carried the day for them.

Gold and silver were weak to chopping sideways.

The Dollar also show a weak, sideways move.

Stock index option expiration on Friday.

It turns out that the missiles that struck Poland were of Ukrainian origin.

What a surprise.

Have a pleasant evening.


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