06 May 2026

Stocks and Precious Metals Charts - Blinded by Their Idolatry

 

"Leur aveuglement est le châtiment du crime d'idolâtrie.”

Simone Weil, L'enracinement 1943

"In the federal elections of November 1932, the last free election in that nation for some time, the NSDAP received 33% of the national vote, and 196 of the seats.   In a January 1933 compromise promoted heavily by industrialists who feared socialism and communism, the NSDAP party leader was named chancellor of a coalition government.

In February 1933 there was a fire that destroyed part of the Reichstag building that was blamed on leftists and communists.   The government passed the Decree of the Reich President for the Protection of People and State, Reichstagsbrandverordnung, which suspended civil liberties and outlawed all other political parties.  This is known as Machtergreifung, the seizure of power.

In March 1933, in an election marked by violent repression and the silencing of most political opponents, starting with the left but moving quickly to include the Social Democrats and the Zentrum, or Center Party, the NSDAP received 43% of the national vote, and 288 seats out of 647.

The Enabling Act, Gesetz zur Behebung der Not von Volk und Reich, was passed, and plenary power was granted to the Chancellor to enact laws without the involvement of the Reichstag.

By July 1933 there were about 27,000 key political leaders and journalists, in opposition to the NSDAP, housed in newly established concentration camps in Oranienburgm Esterwegen, Dachau, and Lichtenburg.  There were no more meaningful elections until 1949.

In their fear and anger the German people reached for a strong and decisive leader who promised them a return to normalcy and freedom from their confusion, and sought to preserve themselves as they wished to be with the heady fumes of power.  The great majority of the people looked on, and did nothing."

Jesse, Fear, Intolerance, and Anger, 12 December 2015

"They defended him, verbally and physically, every time he committed one of his criminal acts. They went blithely on past the suffering of all the bombing victims, the prisoners in the concentration camps, and the religious persecutors, because a different regime would have meant the end of their power."

Friedrich Reck-Malleczewen, Diary of a Man in Despair, 1947

"It seems that under the overwhelming impact of rising power, humans are deprived of their inner independence and, more or less consciously, give up establishing an autonomous position toward the emerging circumstances. 

The fact that the foolish person is often stubborn must not blind us to the fact that he is not independent. In conversation with him, one virtually feels that one is dealing not at all with him as a person, but with slogans, catchwords, and the like that have taken possession of him.

He is under a spell, blinded, misused, and abused in his very being. Having thus become a mindless tool, the foolish person will also be capable of any evil and at the same time incapable of seeing that it is evil. This is where the danger of diabolical misuse lurks, for it is this that can once and for all destroy human beings.”

Dietrich Bonhoeffer, After Ten Years, 1943

"It was in the torment of the abyss that the rich man's eyes were opened. Looking across the great chasm he finally sees Lazarus and holy Abraham. And the first thing that the rich man does is to beg for favors and comfort for himself, rather than forgiveness. He feels no shame, no repentance, never once saying that he is sorry. Even as his eyes were opened, his heart remained hardened in the grip of his greed. His sins are the chasm that separates him from salvation. He holds himself apart from the abundant grace of God.

Nations that have been blessed can blind themselves to the misuse of their power and good fortune, given to them by God, to harm and oppress others, to fulfill their own greed and vanity. They exalt themselves as the greatest good, the exceptional— even as they oppress and plunder and murder. Until at long last God breaks the arm of their power, and with chastisements humbles them.

'The more secret God's hand is, the more powerful — the more silent, the more awful.'

Jesse, Truly, He Is Risen, 5 April 2026


Do the price swings in the financial and commodity markets seem strange to you?  Yeah, me too.

"Whistleblowers now claim news was coordinated with insiders, leaking order info up to 30 minutes before the reports went live. Former Rep. Marjorie Taylor Greene and analysts like Mohammad Marandi are calling this 'war/peace' rhetoric a cover for massive insider trading. And this was not the first time. Since March, more than $3.5 billion worth of perfectly timed oil shorts have been placed before major Iran war headlines."

This corruption is destroying the price discovery mechanism of market, and erode confidence and honesty among all traders.  And this insider profiteering is reported to go all the way to the top, to not only those who report the news, but those who make it. 

There are also those who show correlations between a rise in US debt interest rates and the release of 'news' designed to keep them below the 5% level.   I have included this in the first chart below.

And it doesn't end there.   In the Magnificent 7 of our New Era, it seems there is a lot of circular investing and financing going on between vendors and customers, customers who happen to have substantial stakes in the stocks of those suppliers.

It is also reported that hedge funds are dumping the Mag 7 tech stocks in size, and are feeding it to the retail buyers.   When this bubble breaks it is going to be one for the books.  And in the ensuing chaos, do not be surprised if some of these same actors start calling for extreme measures to 'maintain order.'

Smells like teen spirit. 

Gold and silver popped today after their recent price suppression.  The buying in the global markets, notably from the BRICS, continues unabated overall.

There will be a Non-Farm Payrolls report on Friday.

Stocks powered to new highs.  We are now looking at some very impressive mispricing of risks, on a par with the worst bubbles of our recent past.

It will break.   Truth will come out.  These jokers are not particularly careful and clever.  The nations and worldly powers know what is happening. 

Maybe this time we will see some actual justice done, and serious reform.  The percentage of kool-aid drinkers seems to be in decline.  But the big money has the power elite and their enablers in thrall. 

"Peace I leave you, my peace I give to you.  Not as the world gives, do I give it to you.  Do not let your hearts be troubled, do not be afraid."   John 14:27

This is our refuge, our promised light in the gathering storm. 

Have a pleasant evening.