Today Was Corporate Worship. Were You There?

God called all to corporate worship this Lord's Day. I hope and pray that you heeded the call and received the accurate word of God from the pulpit, shared in the Lord's Supper, and rejoiced in the worship of the Triune God of all. We were treated to an exposition of the first part of Matthew Chapter 8 in which the absolute sovereignty and authority of King Jesus was demonstrated in His healing of the leper and recognized by the Centurion. Both the leper and the Centurion recognized that if Jesus willed healing, He could do it, not by his medical skills, but by the power of His will and word. What a great and wonderful Lord we serve!

Note on the silver graph, below how the price of silver spiked just before noon on Friday and then was gradually pushed down the rest of the and is lower again tonight. It is holding pretty well at 13.91 now.

The gold graph, below, shows similar action just before noon on Friday, but gold has held fairly steadily at a relatively higher level that silver. It is still hovering around 930 which should be positive for the miners tomorrow.

The general market is showing signs of a weakening of the bear rally. It appears to be losing steam, and may be heading for a severe drop as the rally tops out and ends. There is some contrary opinion out there which is proclaiming this as an end the bear, but I do not believe this to be true. The market was weak most of last week. This may be the week that the market speaks out and lets us know which way it will go.

Once again, we are being treated to a confused and interesting market. Hang on tightly. Be careful if you buy into it. The miners are still holding well.

We will be watching to see how the market reacts this week. It could be a week of great decision in the market.

Best to each, Doug