26 February 2014

Gold Daily and Silver Weekly Charts - Phaeton Descending

"Narcissism falls along the axis of what psychologists call personality disorders, one of a group that includes antisocial, dependent, histrionic, avoidant and borderline personalities.

But by most measures, narcissism is one of the worst, if only because the narcissists themselves are so clueless."

Jeffrey Kluger

As I noted last night in my gold and silver commentary, 'we might get a gutcheck tomorrow...'

And so we did, and it was hard to miss.

Some gold was finally taken off the deliverable inventory at the Comex yesterday.   See how they run.

What is most shocking I think is the utter lack of self-awareness of the ruling class, and the disconnection and disregard which they have for the greater reality of the people of their country and the world.

But, to paraphrase Keats, what will create the most intense surprise is when their souls look out through renovated eyes. Unfortunately their muse is not of the intellect and the light, but the hubris of Phaeton giving itself over to the dark, disordered madness of Dionysus.

There will be torches, but it is not yet clear who will be carrying them.  But it appears that the bonfires will be lit, nevertheless.   See how readily they burn the breadbasket of the Slavs to achieve their ends.

Have a pleasant evening.

...Here Homer with his nervous arms
Strikes the twanging harp of war,
And even the western splendour warms,
While the trumpets sound afar:
But, what creates the most intense surprise,
His soul looks out through renovated eyes.

Then, through thy Temple wide, melodious swells
The sweet majestic tone of Maro's lyre:
The soul delighted on each accent dwells, -
Enraptur'd dwells, - not daring to respire,
The while he tells of grief around a funeral pyre...

John Keats, Ode to Apollo