07 May 2026

Stocks and Precious Metals Charts - Things, Passing

 

"Beauty is but a flower
   Which wrinkles will devour;
Brightness falls from the air;
   Queens have died young and fair;
Dust hath closed Helen's eye.
   I am sick, I must die.
Lord, have mercy on us.

Thomas Nashe, Litany in Time of Plague


"Et Jehanne, la bonne Lorraine,
   Qu'Anglois bruslerent à Rouen;
Où sont-ilz, Vierge souveraine?
   Mais où sont les neiges d'antan."

François Villon,  Ballade des dames du temps jadis


"Lo, all our pomp of yesterday
   Is one with Nineveh and Tyre.
Judge of the Nations, spare us yet,
   Lest we forget, lest we forget!"

Rudyard Kipling, Recessional

"Wir sind aus solchem Zeug wie das zu Träumen...
Und drei sind Eins: ein Mensch, ein Ding, ein Traum."

H. von Hofmannsthal, Terzinen, 1894

¿Qué fue entonces del rico y de su poderío
    de la vanaglorïa, de su orgulloso brío?
Todo ya es pasado y corrió como río;
    de todo su pensar fincó él mucho frío."

Pedro López de Ayala, Ubi sunt, 1385
 
“物の哀れ。 終わるからこそ、大切。消えるからこそ、美しい”。

Motoori Norinaga, Tama no Ogushi, 1796

"Where are the princes of this world, and those who lorded it over the creatures of the earth? Those who made sport of the birds of the air, and hoarded up riches in which they trusted. Those for whom there is no limit to their greed, those who schemed to get more wealth, and were always anxious about their possessions.

Now there is no trace of them. They have vanished down into the bowels of the earth, and others have risen to take their place."

Baruch 3:16-19

"That time of year thou mayst in me behold
When yellow leaves, or none, or few, do hang
Upon those boughs which shake against the cold,
Bare ruin'd choirs, where late the sweet birds sang."

William Shakespeare, Sonnet 73, 1609

"For these small troubles of the moment work for us an absolutely incomparable eternal weight of glory. So do not focus on what is seen, but on what is unseen.  For what is seen is temporary, but what is unseen is forever."

2 Corinthians 4:17-18
 

Few understand that the object of war is not to take and claim territory, although that certainly serves a purpose.   

The object of war is to degrade and break the enemy's ability and will to fight on.   That is where victory resides.    

The US financial interests are engaged in a war of attrition against freedom, fair trading, and honest valuation.  

Claiming seats in government is not the goal.  It is to break the financiers pattern of corrupt impunity and moral hazard.

This is why the 'lesser of two evils' strategy is so perfidious, so perniciously debilitating. 

It is a bandage that, for a time, masks a festering wound. 

Stocks backed off a bit as the 'war/peace' three card monte game faltered. 

Gold and silver rallied sharply off their recent event-driven price suppression activities.

There will be a Non-Farm Payrolls report tomorrow.

The valuations of the stock indices, in particular the Tech heavy NDX, are near manic levels.  The correction, when it comes, may be ferocious, especially if the government based buying support falters.

It is time to gather ourselves, and prepare the for the worst, while hoping for the best.   And to remember what truly matters.

This mispriced risk in the market is a monument to an empire of deceit.

This gilded grandeur too shall pass, like Babylon, Nineveh, and Tyre. 

Where are they now? 

Have a pleasant evening. 



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.  

05 May 2026

Stocks and Precious Metal Charts - We Can Throw Our Pebble in the Pond

 

"If you choose to serve you can keep the commandments,
      to be faithful is doing the will of God.
He has placed fire and water before you;
     stretch out your hand and choose.
Before each of us is life and death;
     choose, and it will be given to you."

Sirach 15:15-17

"What is more hostile to mercy and works of love than greed, which is the root of all evils? Unless that vice is destroyed by lack of nourishment, it will grow in the heart as an evil weed taking root, until the heart springs up with the thorns and briars of vices rather than the seed of true goodness.

Let us then resist this pestilence of evil and follow after love, without which no virtue can flourish, that by this path of love whereby Christ came down to us, we too may rise up with Him to Whom with God the Father and the Holy Spirit is honour and glory for ever and ever.  Amen."

St. Leo the Great, Sermon 74, 17 May 445 

"What we would like to do is change the world — make it a little simpler for people to feed, clothe and shelter themselves as God intended them to do. And to a certain extent, by fighting for better conditions, by crying out unceasingly for the rights of the workers, of the poor, of the destitute — the rights of the worthy and the unworthy poor in other words, we can to a certain extent change the world; we can work for the oasis, the little cell of joy and peace in a harried world. We can throw our pebble in the pond and be confident that its ever widening circle will reach around the world."

Dorothy Day, Love Is the Measure, June 1, 1946

"Gentleness is everywhere in daily life, a sign that faith rules through ordinary things... Even in a time of elephantine vanity and greed, one never has to look far to see the campfires of gentle people. Lacking any other purpose in life, it would be good enough to live for their sake."

Garrison Keillor, A Prairie Home Companion


In June 2022 after our little dog Dolly had passed away, we took in another little dog, that had also suffered abuse and been abandoned.   Her name was Daisy.  There are private groups who take animals from shelters when no one else will adopt them.  

She had a myriad of health problems, including a heart defect, which is why no one wanted her. 

She had to go to the vet every month.  We took care of her, cleaned her ears and gave her special medicine, every night.   

She was funny, and a good companion.  She made our home her own.   And then some.

Her heart finally gave out today.  One last visit to the vet.

"God has created me to do Him some definite service.  I shall do good, I shall do His work.  I shall be an angel of peace, a preacher of truth in my own place while not intending it if I do but keep His commandments.

Therefore I will trust Him.  Whatever I am, I can never be thrown away.  If I am in sickness, my sickness may serve Him; in perplexity, my perplexity may serve Him.  If I am in sorrow, my sorrow may serve Him.  He does nothing in vain.  He knows what He is about. He may take away my friends.  He may throw me among strangers.  He may make me feel desolate, make my spirits sink, hide my future from me — still He knows what He is about."

John Henry Newman

She was a good little dog.

Have a pleasant evening.

04 May 2026

Stocks and Precious Metals Charts - The Sorrows of Empire

 

"For those who are determined to be rich fall into temptations and a snare, and into many foolish and hurtful passions which drown them in ruin and destruction. For the love of money is the root of all evil, after which some have coveted, and have lost their faith, and pierced themselves through with many sorrows."

1 Timothy 6:9-10

"The American-Israeli attack on Iran was more than a bad idea; it has turned into a watershed in the decline of the American empire.  Some might prefer the word hegemony to describe the world order the United States leads, since its flag does not generally fly over the lands it protects or exploits.  But the rules are the same: Imperial systems, whatever you call them, last only as long as their means are adequate to their ends.  And with the Iran war, President Trump has overextended the empire dangerously.

The assumption in Washington over the past decade has been that the world is engaged in a game of geostrategic musical chairs and the music is about to stop.

Prime Minister Benjamin Netanyahu of Israel urged this war on Mr. Trump because he, too, recognized the musical-chairs logic of the moment.  Once the music stops, the United States may lack the firepower to protect Israel from its neighbors in the traditional manner and will probably lack the inclination.  Ironically, the war’s catastrophic outcome shows Mr. Netanyahu’s basic understanding to have been sound: Israel’s prospects for enlisting the United States in such anachronistic adventures were dwindling.  Mr. Trump’s gullibility provided Mr. Netanyahu with a last chance."

Christopher Caldwell, America Officially an Empire in Decline, NY Times, May 3, 2026 

“Unfettered capitalism is a revolutionary force that consumes greater and greater numbers of human lives — until it finally consumes itself.”

Chris Hedges, The Death of the Liberal Class, 2010

“Four sorrows are certain to be visited on the United States:
  • First, there will be a state of perpetual war.
  • Second is a loss of democracy and Constitutional rights as the presidency eclipses Congress and is itself transformed from a co-equal ‘executive branch’ of government into a military junta.
  • Third is the replacement of truth by propaganda, disinformation, and the glorification of war, power, and the military legions.
  • Lastly, there is bankruptcy, as the United States pours its economic resources into ever more grandiose military projects and shortchanges the education, health, and safety of its citizens.”

Chalmers Johnson, The Sorrows of Empire, 2005


Stocks are just going through the motions of a late stage valuation bubble.

The customary PR falsehoods spread on Sunday evening failed to gain traction, probably because they were so patently false.

VIX jumped back up a little.

The Dollar moved higher.

Bitcoin is making its move for a breakout a little more strongly.   It needs to keep going or it is going to fall back down to the bottom of the channel.   It's short term Ponzi trendline is obvious.

Gold and silver were smacked around pretty hard.  

I think the Administration is buying into the notion that they are tools of the BRICS.  I would imagine Bessent is the spokesmodel for the Wall Street Banks on that one. 

The conflict in Iran is center stage.   The damage being done to the global economy is real.  Its impact is just starting to be felt.

This is going to leave a mark.   

Have a pleasant evening.