11 September 2024

Stocks and Precious Metals Charts - Fear Not

 

"If history is what is recorded, then deep history is the sum of events which tend to be officially obscured or even suppressed in traditional books and media.   Important recent deep events include the political assassinations of the 1960s, Watergate, Iran-Contra, and now 9/11.   All these deep events have involved what I call the deep state, that part of the state which is not publicly accountable, and pursues its goals by means which will not be approved by a public examination."

Peter Dale Scott, 9/11, JFK, and War: Recurring Patterns, 2013

"The ultimate purpose of crime is to establish an endless empire.  It seeks a state of complete insecurity and anarchy, founded upon the tainted ideals of a world thought doomed to annihilation.   When humanity, subjugated by the terror of crime, has been driven mad by fear and horror, and when chaos has become the supreme law, then the time for the empire of lawlessness will have come."

Friedrich Rudolf Klein-Rogge, Das Testament des Dr. Mabuse, 1933

"Wonderful providence indeed which is so silent, yet so efficacious, so constant, so unerring.  This is what baffles the power of Satan.  He cannot discern the Hand of God in what goes on; and though he would fain meet it and encounter it, in his mad and blasphemous rebellion against heaven, he cannot find it.

The world seems to go on as usual.  There is nothing of heaven in the face of society; in the news of the day there is nothing of heaven; in the faces of the many, or of the great, or of the rich, or of the busy, there is nothing of heaven; in the words of the eloquent, or the deeds of the powerful, or the counsels of the wise, or the resolves of the lordly, or the pomps of the wealthy, there is nothing of heaven. 

And yet the Ever-blessed Spirit of God is here; the Presence of the Eternal Son, ten times more glorious, more powerful than when He trod the earth in our flesh, is with us.  Let us ever bear in mind this divine truth,—the more secret God's hand is, the more powerful—the more silent, the more awful."

John Henry Newman, Parochial and Plain Sermons Vol 4 No 17, 1838

 

A fairly in-line CPI reading seemed to have a delayed reaction in cheering the risk markets higher.

VIX fell.

The Dollar chopped around and finished just about unchanged.

Gold backed off a bit, but silver rose with equities.

PPI tomorrow.

We're in the 'silly season' now as the election approaches.  

Added to that the stresses of our irrational foreign policies is making people abandon reason in the face of the unreasonable. 

But, the madness serves none but itself.

We have our light to follow, and we know what to do.  The best course of personal and financial action is to keep our heads focused on what is true, and let the madness go its own way. 

The madness serves none but itself.

"When humanity has been driven mad by fear and horror, and when chaos has become the supreme law, then the time for the empire of lawlessness will have come."
Fritz Lang said this in his cinema, in 1933, as the society of his time was giving way to madness, and slipping steadily into the abyss.

Have a pleasant evening.