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An act of Random Kindness

By:
Gary S.Wagner

In Charles Dickens's classic novel, a tale of two cities, he depicts the chasm and huge differences between two major cities in Europe. In the case of the book, as they revolve around France and England. In today's modern society, a chasm continues to exist between the haves and the have-nots.

An act of Random Kindness

An act of Random Kindness

In Charles Dickens’s classic novel, a tale of two cities, he depicts the chasm and huge differences between two major cities in Europe. In the case of the book, as they revolve around France and England. In today’s modern society, a chasm continues to exist between the haves and the have-nots. It is an unequal playing field, but day-to-day realities differ like night and day between the two groups.

His famous line that reverberated around the world was, “it was the best of times; it was the worst of times.”

Although the characters were fictional, this landmark work is genuine. It is truly a classic novel, highlighting the dilemma the citizens of both countries face and both sides of the social and economic conditions.

Very quickly into the book, the narrator of the author says, ‘the period was so far like the present period,‘ indicating that any time, past or present, contains greatness and horror, brilliance and stupidity. It might be a far stretch his classic writing can be related to the global pandemic.

Because many individuals worldwide are experiencing either the best of times or the worst of times. One of the author’s accomplishments is that the storyline takes place in both cities, which allows him to contrast the distinct differences with one faction (the English) depicted as old-fashioned and conservative, and most importantly, out of step with the times.

It is a warning to us all that one has a choice as to how to deal with the pandemic and whether their actions and investments will make this pandemic subside more quickly and make it a better experience for those most in need

The use of short selling

This takes us to the point of today’s opening letter, and that is some act with valor and the consciousness of how it affects other individuals in a positive and prosperous manner. However, some will utilize legal but questionably ethical practices to line their pockets with profits. One of these techniques is known and labeled by Investopedia as “short and distort: bear market stock manipulation.”

Although there is nothing fundamentally wrong with short selling, in many cases, they use this type of strategy by creating untrue factors in attempts to drive the price down in attempts to manipulate price action. It is a classic inverse use of a “pump and dump scheme.”

We live in a world ripe with genuine and desperate need by individuals trying to live day to day or week to week. Some use a practice that genuinely hurts the weakest of our global citizens. Those that understand that act differently. While citizens of the United States that are divided cause the chasm to grow deeper. All people that have prospered can help those in need. My only suggestion is that each of us that have flourished during this challenging time performs “One Act of Random Kindness” to those in need.

For those who want more information, please use this link.

Wishing you, as always, profitable trading and good health,

Gary S. Wagner

 

About the Author

Gary S.Wagnercontributor

Gary S. Wagner has been a technical market analyst for 35 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barron’s. He is the executive producer of "The Gold Forecast," a daily video newsletter. He writes a daily column “Hawaii 6.0” for Kitco News

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