Stocks and Precious Metal Charts - And To Remain Standing

 

“This great masquerade of evil has played havoc with all our ethical concepts. For evil to appear disguised as light, compassion, historical necessity or even social justice is quite bewildering to anyone brought up on our traditional ethical concepts, while for the Christian who bases his life on the Word, it merely confirms the fundamental wickedness of evil. Mere waiting and looking on is not Christian behavior. Christians are called to compassion and to action."

Dietrich Bonhoeffer, Martyred, Germany, April 9, 1945

“We carry on like slaves. There isn’t time to breathe, and I am up to my eyebrows in this business of feeding those who have nothing. And they are many—those with nothing. As a rule my purse is as dry as [Mexican President] Calles’s soul. We ought to speak, shout out against injustices, with confidence and without fear. Viva Cristo Rey!"

Miguel Agustin Pro, Martyred, Mexico, November 23, 1927

"Any nation is bound to perish if deprived of bravery, if it pretends that everything is good when it is not, and if it is satisfied with half-truths. Every day we must be aware that when we are demanding truth from others we must live in truth ourselves, demanding justice we must be just, demanding bravery we must be brave."

Jerzy Popiełuszko, Martyred, Poland, 19 October 1984

"We live in a world where love itself is condemned.  People call it weakness, something to grow out of. Some are saying: 'Love is of no importance, we should rather develop our strength; let each one become as strong as he can, and let the weak perish.'  They come to you with such teaching, and even find people who take it up willingly.  Their neo-paganism may well cast-off love but, in spite of everything, history teaches us that we shall be the victors over this.  We shall not forsake love."

Titus Brandsma, Martyred, Germany, 26 July 1942

"The government soldiers cut him with a machete until he was bleeding from several wounds. They made him watch the execution of some of his friends. He cried and moaned with pain as they cut off the bottom of his feet, and made him walk through the town. he young Josélito would only say, 'I will never give in. Viva Cristo Rey y Santa Maria de Guadalupe.'”

José Sánchez del Río, Martyred, Mexico, February 10,1928

"The real conflict is the inner conflict. Beyond armies of occupation and the the sacrifice of many victims of extermination camps, there are two irreconcilable enemies in the depth of every soul: good and evil, sin and love. And what use are the victories on the battlefield if we are ourselves are defeated in our innermost selves?”

Maximilian Maria Kolbe, Martyred, Poland, 14 August 1941

"Behind the concrete, the visible events, behind all objective, logical considerations, we find the irrational element:  the struggle against the demon, against the servants of the Antichrist.  Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak; when of his own volition he leaves his place in Creation, as founded for him by God in freedom; when he yields to the force of evil, he separates himself from the powers of a higher order; and after voluntarily taking the first step, he is driven on to the next and the next at a furiously accelerating rate.  Everywhere, and at times of greatest trials, men have appeared, prophets and saints who cherished their freedom, who preached the One God and who with His help brought the people to a reversal of their downward course."

Hans and Sophie Scholl, Martyred, Germany, 22 February 1943

"And the world will look at you and they won't understand you, for your fiery furnace will be around you. But you'll go on anyhow. But if not, I will not bow, and God grant that we will never bow, before the gods of evil."

Martin Luther King, Martyred, United States, April 4, 1968

"You are killing your own brothers.  It is high time you obeyed your consciences rather than sinful orders. The church cannot remain silent before such an abomination. The ones who have a voice must speak for those who are voiceless.  Peace is not the product of terror or fear.   Peace is not the silence of cemeteries. Peace is not the silent result of violent repression.  In the name of God, in the name of this suffering people whose cry rises to heaven more loudly each day, I implore you, I beg you, I order you: stop the oppression."

Oscar Romero, Martyred, El Salvador,  24 March 1980

“Who shall resist Anti-Christ when he comes if we show such patience towards the vices and crimes of his precursors?  By such leniency, we encourage kings to become tyrants."

Thomas a Becket, Martyred, England, December 29, 1170

"I die the King's good servant, and God's first."

Thomas More, Martyred, England, 6 July 1635

"About an hour later still another of the crowd flatly stated, 'Surely this fellow is one of Jesus’ disciples, for he is also from Galilee.'  But Peter said, 'Sir, I do not know what you are talking about.'  And as he said these words, a rooster crowed in the distance.

And at that moment Jesus turned and looked at Peter. Then Peter remembered what Jesus had said— 'Before the cock crows, you will deny me three times.'

And Peter walked out of the courtyard, and wept bitterly."

Luke 22:59-62

 

Today is the 61st anniversary of the visible rise of the deep state serving a plutocracy of the unspeakable.

"These vices first advanced but slowly, and were sometimes restrained by correction; but afterward, when their infection had spread like a pestilence, the state was entirely changed, and the government, from being the most equitable and praiseworthy, became the most rapacious and insupportable."

In some ways it was the nearly perfect crime, spawned from treachery and sealed by fear and greed.

The quiet rally in gold continues, stealthily in the background to the bubbles.

And so gold and silver finished higher.

The Dollar gained a little ground to finish around 107.50.

Stocks moved a little higher.

VIX fell, signaling the complacency in risk assets like stocks, and forgive me for pointing it out, Bitcoin.

And so we head into another weekend, led by Crazy Joe and His Merry Pranksters, who blithely roam the world fomenting wars of aggression and genocide.

“For these are a rebellious people, deceitful children, unwilling to listen to the commandments of the Lord. They say to their seers,‘Do not see!’, and to the prophets,‘Say nothing of what is right. Tell us only the things that please us — prophesy illusions.'"

Nuts.

Have a pleasant weekend. 

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.

Stocks and Precious Metals Charts - Such a Parcel of Rogues in a Nation

 

"From the least to the greatest, they are greedy for unjust gains;
      and from prophet to priest they all deal falsely.
They have treated the suffering of my people carelessly,
      saying, ‘all is well’ when there is no safety.
They act shamefully, they commit terrible offenses;
      and yet they are not ashamed,
      and do not even know how to blush.
Therefore they shall fall among those who are fallen."

Jeremiah 6:13-15

"A baited banker thus desponds,
   From his own hand foresees his fall,
They have his soul, who have his bonds;
   'Tis like the writing on the wall...

"When other hands the scales shall hold,
   And they, in men's and angels' sight
Produced with all their bills and gold,
   "Weigh'd in the balance and found light!"

Jonathan Swift, The Run on the Bankers

"O, would or I had seen the day
That treason thus could sell us,
My auld grey head had lien in clay
Wi' Bruce and loyal Wallace!
But pith and power, till my last hour,
I'll make this declaration:
We're bought and sold for English gold—
Such a parcel of rogues in a nation!"

Robert Burns, A Parcel of Rogues In a Nation, 1791

"Easy is the descent to hell; all night long, all day, the doors of dark Hades stand open; but to retrace the path; to come out again to the sweet air of Heaven - there is the task, there is the burden."

Virgil, The Aeneid


Qui est le trompeur trompé?

Stocks took a fairly substantial dive this morning, after being pumped up overnight.

But never fear, they found some footing and manage to drift back up to unchanged in the late afternoon.

Gold extended its rally a little higher.

Silver fell in sympathy with stocks, but unfortunately did not recover as they had done.

Nvidia reports after the bell, and the Street waits with bated breath.

VIX rose with the decline in stocks, but only fell back again part way.

The Dollar rallied.   Flight to safety.

Have a pleasant evening.

 

Stocks and Precious Metals Charts - Feeling Secure in Their Wickedness

 

"And the gospel of the kingdom of God will be preached to all nations, and then the end will come. Therefore, when you see the abomination of desolation standing in His holy land, spoken of the prophet Daniel, then those who are in Judea must flee to the mountains."

Matthew 24:14-16

"You are a sinful nation, weighed down by lawlessness.  A race of corrupt and wicked children, you have forsaken your Lord, despised the Holy One of Israel, and turned your backs to him."

Isaiah 1:4

“I know your works; I know that you are neither cold nor hot.  But because you are lukewarm, neither hot nor cold, I will spit you out of my mouth.  For you say, ‘I am rich and affluent and have no need of anything,’ and yet do not realize that you are wretched, pitiable, poor, blind, and naked."

Revelation 3:15-17

“You feel secure in your wickedness. You think, ‘No one sees what I do.' But your so-called wisdom and knowledge have led you astray. And you believe that, ‘I am the one, no one else matters.’ Disaster will overwhelm you, and you won’t be able to talk it away. Misfortune will descend upon you, and you won’t be able to buy your way out. A catastrophe will strike you suddenly, one which you cannot avoid."

Isaiah 47:10-11

Stocks were weak most of the day, but managed to gain some footing and gain some ground into the close, after the rest of the world went home to bed.

Gold and silver continued to rally.   The selling into the option expiration was 'technical' and overdone.

These jokers have no shame.

Speaking of shameless, Blinken, Sullivan, Biden and crew have the strategic sense of the schoolyard, and less finesse.  They are embarrassing, and bookended by Trump, that's saying something. 

But what has been tolerated, and in many cases excused and enabled, in the Mideast is something that will not be easily forgotten, or forgiven.  And it ought not be.   

The madness serves none but itself, and especially not those who seek to channel it for their own lawless ends, and are brought down by it into the abyss.

I think we will see gold and silver have some room to move between now and the option expiration on the Comex on the 25^th.

Have a pleasant evening.