“The most ‘worldly’ society I have ever lived in is that of schoolboys: most worldly in the cruelty and arrogance of the strong, the toadyism and mutual treachery of the weak, and the unqualified snobbery of both.
Nothing was so base that most members of the school proletariat would not do it, or suffer it, to win the favour of the school aristocracy: hardly any injustice too bad for the aristocracy to practice. But the class system did not in the least depend on the amount of anyone’s pocket money.
I have already lived in a world from which Mammon was banished: it was the most wicked and miserable I have yet known. If Mammon were the only devil, it would be another matter. But where Mammon vacates the throne, how if Moloch takes his place? As Aristotle said, ‘Men do not become tyrants in order to keep warm.’
All men, of course, desire pleasure and safety. But all men also desire power and all men desire the mere sense of being ‘in the know’ or the ‘inner ring’, of not being‘outsiders’: a passion insufficiently studied and the chief theme of my story. When the state of society is such that money is the passport to all these prizes, then of course money will be the prime temptation. But when the passport changes, the desires will remain.”
C.S. Lewis, A Reply to Professor Haldane, 1966
"Moloch: any cause to which a dreadful sacrifice is made or destruction is due."
The Chambers Dictionary, 1872
As a reminder, today was the most significant precious metals options expiration of the year on the Comex.
The good thing one might say about the casino known as the Comex is that it is not as unproductive to an industry as that archaic remnant called the LBMA.
Stocks rallied on the 'good news' that peace is at hand in the Ukraine.
Let us hope that this comes to pass. It was achieved already, in the Minsk agreement for example where both parties were ready to sign, but the West's elite decided it was worth sacrificing a few million more young Ukrainians and Russia to Moloch.
War is good for business. And it doesn't take talent to make money from it. Shamelessness will suffice.
Gold and silver bolted higher as the option expiration passed. These jokers don't even try to hide it anymore.
This Thursday is a national holiday of Thanksgiving in the US. And so there will be nothing posted here after Tuesday. Maybe something on the sleepy half day of Wednesday if something notable occurs.
Have a pleasant evening.

