Paul's Market Insights
Paul's Market Insights is our bi-weekly communique to provide clients with current insights on financial markets.
Written by Paul Siluch
January 25th, 2024
"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way.”
- A Tale of Two Cities, by Charles Dickens (picture from original manuscript)
Written by Paul Siluch
January 2nd,2024
I don't make mistakes. I make prophecies which immediately turn out to be wrong.
- Murray Walker
Around 700 B.C. in ancient Greece, a temple dedicated to Apollo became famous for its priestess. She was known as the Oracle of Delphi and her words of prophecy came to be sought out by kings and scholars.
The title of Oracle was passed down from one woman to the next, with the requirement that she be a virgin over the age of 50.
At least, she had to look like a virgin. Appearances were very important in the prophesizing world.
The oracle’s pronouncements were delivered in a delirious state and were often gibberish. These words were then studied by priests and interpreted as enigmatic prophecies. History suggests oracles did not live long lives, for reasons that only became apparent thousands of years later.