01 July 2015

Gold Daily and Silver Weekly Charts - Non-Farm Payrolls Tomorrow - Pride, Privilege, Will to Power

"He promises you illumination, he offers you knowledge, science, philosophy, enlargement of mind. He scoffs at times gone by; he scoffs at every institution which reveres them. He prompts you what to say, and then listens to you, and praises you, and encourages you. He bids you mount aloft. He shows you how to become as gods. Then he laughs and jokes with you, and gets intimate with you; he takes your hand, and gets his fingers between yours, and grasps them, and then you are his."

J. H. Newman

Gold and silver were under some heavy handed action today, ahead of the US Non-Farm Payrolls report tomorrow.    It is coming a day early because of the upcoming July 4th weekend.
Greece tends to dominate the news with lots of uninformed speculation and interpretation, often driven more by a person's particular bias and ego than the facts.  So it is sometimes difficult to determine what is exactly happening.
There will be a referendum on the austerity plan by the public.  Yes the Troika, like a spoiled child, claims that the deal is 'off the table now,' too late, and two for flinching.
It could not be more obvious that the reason that the Eurocrats are driving such a hard bargain is that they find the relatively independent government of Greece to be highly unpalatable for their neoliberal tastes. 
Let's see what happens.
Remember the people of Greece, and of the other troubled nations in your prayers. 
And especially remember those who have none to pray for them, and those who think that they need no one and no forgiveness.  They are near a spiritual death, which is worse than the death of the body.
I am deeply concerned about the well-being of Pope Francis as he comes to visit the US.  He is loved by many, but deeply hated by some of the darker hearts of the world.  His misfortune, or some other tragic incident would provide a convenient diversion for wickedness in high places. 
What would these devotees of riches and worldly power not do to get their way?   They are of those who scatter, accuse, destroy, and lie.   And if you serve them, know whom you serve.
Have a pleasant evening.