31 May 2023

Stocks and Precious Metals Charts - Shall We Stop This Bleeding?

 

"Let your love be sincere; hate what is evil, hold on to the good; love one another with mutual affection; show respect to one another in good manner.  Do not fall away in your commitment, be faithful in spirit, and above all serve the Lord.  Rejoice in hope, endure in troubles, persevere in prayer.  Contribute to the needs of the faithful, and show kindness to strangers.  Bless those who trouble you, bless and do not curse them.  Rejoice with those who rejoice, weep with those who weep.  Live peacefully with one another; do not be arrogant but count yourself among the humble; do not think that you know more than the rest."

Romans 12:9-16

“Every war when it comes, or before it comes, is represented not as a war but as an act of self-defense against a homicidal maniac.  In our time political speech and writing are largely the defense of the indefensible.  But if thought corrupts language, language can also corrupt thought.  All the war-propaganda, all the screaming and lies and hatred, comes invariably from people who are not fighting.

Political language is designed to make lies sound truthful and murder respectable, and to give an appearance of solidarity to pure wind.  War against a foreign country only happens when the moneyed classes think they are going to profit from it.  Nationalism is power hunger tempered by self-deception.

We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men.  If liberty means anything at all, it means the right to tell people what they do not want to hear.  In times of universal deceit, telling the truth will be a revolutionary act.”

George Orwell, Facing Unpleasant Facts: Narrative Essays

"Then it will be God without disguise; something so overwhelming that it will strike either irresistible love or irresistible horror into every creature.   It will be too late then to choose your side.   That will not be the time for choosing: it will be the time when we discover which side we really have chosen, whether we realised it before or not."

C. S. Lewis, Mere Christianity


At the heart of all chaos and disorder is money, and the lust for the power it may bring to the unscrupulous, at the horrific expense and deprivation of many.

The towering pride of a grasping few spreads a dark taint through the pages of history.

As old as Babylon, and evil as sin. 

The debt limit political charade continues chugging along.

It is a way to try and shift the burden of the enormous tax cuts for the wealthy, and outrageous miiitary spending, to the weak and the disadvantaged. 

It is more of a bipartisan effort than you might otherwise imagine, although there is clearly a heart of darkness at the root of it.

Stocks slumped.

Primarily it may seem on the weak economic news out of China.

Recession is coming.

Gold and silver rallied sharply, primarily I think as a technical response to the price suppression hangover from the recent Comex option expiration.

VIX and the Dollar chopped sideways.

Most people are uninformed about the 'White House Coup' of 1933.  You will tend not to see it in any American history books, and the status quo of academics ignores or discredits the evidence.

I have included a brief video history of it below as a reminder.

So often war and disorder is spread by those who are in service to darkness in high places and, so they think, themselves.  The average decent person cannot even begin to grasp the enormity of their crimes and their willful indifference to the consequences of their deceptions.

But as they, to their ultimate horror, will discover, the madness serves none but itself.

Have a pleasant evening.