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From the Far Side - Amazon Thrills After Hours

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Published : July 29th, 2022
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Category : GoldWire

“Truth and the hatred of truth come into our world together.  As soon as truth appears, it is regarded as an enemy.  They remain in ignorance as long as they hate, and they hate unjustly as long as they remain in ignorance.”

Tertullian


“Above all, don't lie to yourself.  The man who lies to himself and listens to his own lies comes to a point when he cannot distinguish the truth within him, or around him, and so loses all respect for himself and for others. And having no respect he ceases to love.”

Fyodor Dostoevsky, The Brothers Karamazov


“You cannot play with the animal in you without becoming wholly animal, play with falsehood without forfeiting your right to truth, play with cruelty without losing your sensitivity of mind.  He who wants to keep his garden tidy does not reserve a plot for weeds.

Your cravings as a human animal do not become a prayer just because it is God whom you ask to attend to them.

God does not die on the day when we cease to believe in a personal deity. But we die on the day when our lives cease to be illumined by the steady radiance, renewed daily, of a wonder the source of which is beyond all reason."

Dag Hammarskjöld, Markings


"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 were able to add another leg up on the wings of a prayer of a pivot.

Gold and especially silver continued to move higher.

The better miners were up 4-6% on the day.

The Dollar declined again.

What will they think of next?

Amazon surprised to the upside after hours, which served to distract the spokesmodels from the disasters that are Intel and Roku.

I tend to view Amazon as more of an outlier than a bellwether.  They are in their own space, and substantially borrowing their growth from others.

Have a pleasant evening.



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