Stocks and Precious Metals Charts - The Destruction of Leviathan

 

"What the age needs is not a genius — it has had geniuses enough, but a martyr, who in order to teach men to obey would himself be obedient unto death.  What the age needs is awakening."

Søren Kierkegaard, Journals, 20 November 1847

 "So do not fear, I am with you; do not be dismayed, for I am your God.  I will strengthen you, and will help you.   I will uphold you with the firm hand of my righteousness."

Isaiah 41:10

"Most economists are going to be painfully slow to change their thinking, particularly in the US, even after this latest financial crisis of historic proportions.  It is hard to change when one cannot even admit one's mistakes, and the green shoots of a false Spring bring out new hopes that old ways might still work once again.  The status quo often has a powerful grip on the levers of thought leadership, and a social science like economics is especially vulnerable to peer pigheadedness, even when it is shown to be flat out wrong.  One thing which is almost certain is that change will not come from within, but from without."

Jesse, The Federal Reserve School of Monetary Witchcraft and Wizardry, 28 September 2009

"Our Lord has no body now but yours, no hands, no feet on earth but yours.  Yours are the eyes through which He looks with compassion on this world, yours are the feet with which He walks to do good.  Yours are the hands, with which He blesses all the world.

Lord, grant that I may always allow myself to be guided by You, always follow Your plans, and perfectly accomplish Your Holy Will.  Grant that in all things, great and small, today and all the days of my life, I may do whatever You require of me."

Teresa of Avila

"Peace I leave you; my peace I give to you.  Not as the world gives do I give it to you.  So do not let your hearts be troubled or afraid."

John 14:27

"Caesar was swimming in blood, Rome and the whole pagan world was mad. But those who had had enough of transgression and madness, those who were trampled upon, those whose lives were misery and oppression, all the weighed down, all the sad, all the unfortunate, came to hear the wonderful tidings of God, who out of love for men had given Himself to be crucified and redeem their sins.

And Peter understood that neither Nero, nor all his legions, could overcome the living truth— that they could not overwhelm it with tears or blood, and that now its victory was beginning. He understood with equal force why the Lord had turned him back on the road. That city of pride, of crime, of wickedness, and of a lust for power, was beginning to be His."

Henryk Sienkiewicz, Quo Vadis, 1905


The mighty rise and are fallen, but the word and the spirit endure. 

The Employment Cost Index came in higher than expected, and so the selling began.

Stocks fell sharply, going out on the lows.

The Dollar rallied sharply on the bearish outlook for interest rates.  

VIX rose.

Gold and silver received their traditional pummeling ahead of the FOMC meeting.

If you are getting your information from the corporate media you probably have no idea what is really going on.  Except for maybe sports and weather.

"Many of us like to ask ourselves, 'What would I do if I was alive during slavery?   Or the Jim Crow South?   Or apartheid?  What would I do if my country was committing genocide?'   The answer is, you're doing it.   Right now."

Aaron Bushnell

Where are we going Lord?  

What are we becoming?

Have a pleasant evening.

 

 

 

Stocks and Precious Metals Charts - The Dark Supremacy of Power

 

"There is no crime more infamous than the violation of truth.  It is apparent that men can be social beings no longer than they believe each other."

Samuel Johnson, Capture of Louisbourg, Idler 20, September 25, 1750

"The gates of Hell are terrible to behold, are they not? The lofty mind of man can be imprisoned by the artifices of its own making."

E.A. Bucchianeri, Faust: My Soul Be Damned for the World

"The undeserving maintain power by promoting hysteria."

Frank Herbert, The God Emperor of Dune, 1981

“Freedom is not merely the opportunity to do as one pleases; neither is it merely the opportunity to choose between set alternatives. Freedom is, first of all, the chance to formulate the available choices, to argue over them — and then, the opportunity to choose.”

C. Wright Mills, The Sociological Imagination, 1959

"The illusions of extremists, of both the right and the left, are dangerous things, for the very reason that they often incline themselves to sacrifice the individual, and even surprisingly large groups of individuals and segments of society, for the 'greater good' of their illusions. And no people, no organization of people, and no nation is immune or exceptional to this extremity.  Evil is a choice, a long, gradual succession of choices. And the madness never sleeps, always looking for souls to devour."

Jesse, A Cruel Deception, 28 October 2022

"It does not matter how small the sins are, provided that their cumulative effect is to edge the man away from the Light and out into the Nothing. Indeed the safest road to Hell is the gradual one— the gentle slope, soft underfoot, without sudden turnings, without milestones, without signposts."

C.S. Lewis, The Screwtape Letters

"How are the mighty fallen, and their weapons of war destroyed."

2 Samuel 1:27


They lie, and call it statecraft.   They betray their nation, and call it practical.   They abandon virtue to greed, and call it rational. They foster corruption, and call it necessity. They murder innocents, and call it peace. 

And when they meet their God He will say, 'Depart from me.  I do not know you, workers of lawlessness.'

 Stocks were wobbling around again, stick save into the close.

Gold and silver were marching in place.

The Dollar is down a bit.

So is the VIX.

The FOMC decision on Wednesday and Non-Farm Payrolls on Friday may move the markets.

What are we becoming.

Have a pleasant evening.

Stocks and Precious Metals Charts - Till Judgement Come

 

"The selling of the Iraq War to the American public was an exploitation of mass gullibility.  Current circumstances give little or no hope that the public response would be much different to the selling of some future untoward war."

Paul Pillar, Selling the Iraq War: Gullibility and Mass Hysteria, March 15, 2023

"If you do not stand firm in the faith, you will not stand at all.”

Isaiah 7:9

"The voice of the people expresses the mind of the people, and that mind is made up for it by the group leaders in whom it believes and by those persons who understand the manipulation of public opinion.  It is composed of inherited prejudices and symbols and clichés and verbal formulas supplied to them by the leaders."

Edward Bernays, Propaganda, 1928

"People do not wake up one morning and decide to become monsters that will be reviled by all civilized people throughout history.  They go down that path one small step at a time, one seemingly harmless and practical decision after another.  They are being reasonable, practical, realistic— merely repeating the stories and slogans that 'everyone knows.' We live in a truly cynical age."

Jesse, It Can't Happen Here: Pride, Power, Exceptionalism, 8 May 2017

"When a nation threatens another nation the people of the latter forget their factionalism, their local antagonisms, their political differences, their suspicions of each other, their religious hostilities, and band together as one unit.  Leaders know that, and that is why so many of them whip up wars during periods of national crisis, or when the people become discontented and angry.  The leaders stigmatize the enemy with every vice they can think of, every evil and human depravity.   Attacking another nation, then, acts as a sort of catharsis, temporarily, on men’s fear of their immediate neighbors.  This is the explanation of all wars, all racial and religious hatreds, all massacres, and all attempts at genocide."

Taylor Caldwell, The Devil's Advocate, 1952

"Words can be like tiny bits of arsenic: they are swallowed unnoticed and seem to have no effect, but after a while the toxic effect is there."

Victor Klemperer, I Will Bear Witness To the Bitter End: 1933-1945

 

It was a 'risk on' day today.

The Dollar rose.

The VIX fell.

Stocks finished higher after a big gap up open, compliments of Alphabet.

Gold was up a bit, and silver was lower.

The first victim in any period of war is the truth. 

This time is no different.

We had what I hope is our last hard freeze last night.  

So Daisy and I took an afternoon jaunt over to the Great Swamp Greenhouses, which are just southeast of our 'hood.  

They are in the Great Swamp National Wildlife Refuge.   As you may recall that is where the second cylinder fell in the radio version of War of the Worlds.

Daisy had some good sniffing opportunities while I was planning out some buys for the vegetable garden.

Even though we are miles away up in the hills, we get an abundance of critters from there, and especially in the winter.  And an abundance of birds.  It is also home to The Raptor Trust.

Spring is in the air.  A tonic for the prevailing hysteria and avalanche of lies and unproven claims.

Have a pleasant weekend.