21 November 2024

Stocks and Precious Metals Charts - The Mystery of Lawlessness

 

"For the mystery of lawlessness is already at work.  But the one who now restrains it will continue to do so until he is taken away.   And then the lawless one will be revealed, whom the Lord will slay by the breath of his mouth and bring to an end with the splendor of his coming.

The coming lawlessness will be the work of Satan made manifest in all power and false signs and wonders, and in every wicked deception for those who are perishing because they refused to accept the love of the truth to be saved.

For this reason, God permits them [the exceptional] a powerful delusion to believe their lies, that all may be condemned who deny the truth and instead take pleasure in lawlessness."

2 Thessalonians 2:7-12

"Their tongues are devious weapons, bent like a drawn bow. With falsehoods rather than truth they have gained power in the land.  They commit one crime after another.  They do not know me."

Jeremiah 9:3

"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."

Fritz Lang, Das Testament des Dr. Mabuse, 1933

"Expose them sharply, so that they may be restored in the faith, instead of following traditions and laws of people who have repudiated the truth.  Both their minds and their consciences are tainted.  They claim to know God, but by their acts they deny him, being vile and disobedient, and worthless for any good cause."

Titus 1:13-16


It was groundhog day on the equity markets, as stocks showed a ranging weakness, and then gathered themselves to drift higher into the close, although they gave back a bit at the end.

This was an organized effort to pump stocks higher, a sort of low key short squeeze.   It's what they do.

Wash and rinse.

The Dollar strengthened.

Gold continued to break out higher after the big campaign to pin it lower last week for options expiry.

Silver struggled a bit.

VIX floundered around.

Biden and crew seem to be determined to do damage to the nation on the way out the door, in part because they don't give a darn and need to pay back their money men, and also to leave Donnie with some difficult situations.

Some of Israel's far right Likud leadership were formally charged with war crimes, and arrest warrants were issued by the International Criminal Court.  

Russia dropped a hypersonic missile on the Ukraine today, in a sign that the escalation of the conflict being fomented by the US and UK will not go unanswered.

And so stocks had to show their support for the great patriotic effort to make money through other people's misery.

"A true opium of the people is the belief in nothingness after death, the huge solace, the huge comfort of thinking that for our betrayals, our greed, our cowardice, our murders, we are not going to be judged.”    Czeslaw Milosz

Nice to be so exceptional that the rules do not apply.

It's the rationale for every evil since time began.  As old as Babylon, and evil as sin.

Have a pleasant evening.