Luke 18:11
“People with advantages are loathe to believe that they just happen to be people with advantages. They come readily to define themselves as inherently worthy of what they possess; they come to believe themselves 'naturally' elite; and, in fact, to imagine their possessions and their privileges as natural extensions of their own elite selves.”
C. Wright Mills, The Power Elite, 1956
"What will you do on the day of reckoning, and in the time of desolation which follows? To whom will you flee for relief? Where will you safeguard your riches?"
Isaiah 10:3
"God had brought me to my knees and made me acknowledge my own nothingness, and out of that knowledge I had been reborn. I was no longer the centre of my life and therefore I could see God in everything."
Bede Griffiths, The Golden String, 1954
"For this time 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, 1944
"God has a way of standing before the nations with judgement, and it seems that I can hear God saying to America 'You are too arrogant! If you don't change your ways, I will rise up and break the backbone of your power! And I will place it in the hands of a nation that doesn't even know my name. Be still, and know that I am God.'"
Martin Luther King, Why I Am Opposed to the War in Vietnam, Riverside Church, 30 April 1967
"See how the hammer of the world has been broken and shattered, how Babylon has become an object of horror, a desolation among the nations."
Jeremiah 50:23
Today was a wash and rinse day.
The Dollar moved higher, gold and silver moved lower.
Tomorrow is a futures contract option expiration for the precious metals on the Comex.
VIX fell.
Stocks fell, extending the recent retreat from their new highs.
Risk remains highly elevated, and significantly under-appreciated.
Change is coming.
Have a pleasant evening.
