Stocks and Precious Metals Charts - Deceits of the Predator Class

 

"Time and again we hope for better leaders, but all too often those hopes are dashed.  The reason is that power causes people to lose the kindness and modesty that got them elected, or they never possessed those sterling qualities in the first place.  In a hierarchically organised society, the Machiavellis are one step ahead.  They have the ultimate secret weapon to defeat their competition.  They’re shameless.”

Rutger Bregman, Humankind: A Hopeful History, 2020

"The concentration of psychopathic and sociopathic personalities in positions of power, whether it be in the workplace or in political areas, emphasizes the need for balance of power, transparency, and the rule of law.  

Utopian designs for social organization that rely on perfectly rational and naturally self-governing individuals is not very practical. The fact that for some percentage of the population, from one to five percent, the lack of a conscience is a very real factor in their own behaviour, knocks down flat anarchical frameworks where reliance is placed upon some assumption of 'natural goodness' of everyone.  Not everyone is just like everyone else.  

There is a reason why throughout human history good people have found it necessary to organize themselves for their own protection. Not everyone is good, and laws provide for the protection of the weak, the vulnerable, and the innocent from the predators among us."

Jesse, Snakes in Suits: Predators Among Us, 26 April 2017

"We may make ourselves popular by telling our fellow citizens that they have made discoveries, conceived inventions, and made improvements.  We may boast that we are the chosen people; we may even thank God that we are not like other men.  But after all it will be but flattery, and the delusion, the self deceit of the Pharisees."

John Adams, Letter to John Taylor, 29 July 1814

 

Tonight is Daisy's monthly visit to the vet.  She has allergies that require a monthly injection in addition to the pills she takes every day.  She also has a heart murmur that requires some monitoring and daily medication.  She is worth it.

So here are the charts as they are at this time.  I will adjust any differences in the chart postings tomorrow.

I think it is pretty evident that this Administration has a keen eye on the stock markets, and frosting reality to make it appear better than it really is.

Bitcoin looks to be staging a breakout attempt for the long wedge I highlighted yesterday.  If it succeeds then it may run higher a bit.  And if it fails, then the wedge may continue working forward.

Gold and silver have been gaining the attention of Wall Street this week.  The shorts may be using this opportunity of relaxed oversight and increased market 'tinkering' to square up those short positions.

Or they may be doubling down.  And a turn of events in the geopolitical situation could crush them.   

What is unsustainable will not be sustained.

The leadership of today is perishing.  They do not yet realize it.  But their regret and surprise when the time comes will be as monumental as their egos. 

Have a pleasant evening. 

Stocks and Precious Metals Charts - The Good Shepherd's Light of Love

 

"Beware of false prophets, who come to you in sheep’s clothing, but inwardly are ravenous wolves.  By their fruits you will know them."

Matthew 7:15-16

"Love will not come from the hearts of those who are fallen into wickedness: they are the fruit of hate, deceit, greed, fear, pride, possession, and aggression.  And they will not only forsake love, they will eventually come to condemn it, and persecute it —  and thereby condemn themselves.

For the people of God love is the way to know if what we believe is with Him, or from something else;  if we are walking with Him, or with something else;  if the one who speaks is speaking for Him, or for something else;  if we are keeping Him in our hearts, or something else; if we love Him, or ourselves, or something else.

Love does not speak with hate or fear or derision, but with the fullness of existence, joy and mercy.   Love is ridiculed and trampled upon by those in opposition to His creation.  When you are in doubt or confusion about what is true and what is false, look for the light of love. This is the Holy Spirit moving in the world.

Love is not what we do, but how we do what we do.  Love is found in the most ordinary things, not in grand gestures and elaborate mannerisms.  It resides in small daily acts of kindness and fellowship, done lovingly and with care, for His sake.   

The hardened heart judges others, while ignoring its own sins, thinking itself good.   Love is mercy, as it shows us our commonality with our fellow humanity as a weak and sinful creature.  Creation is a gift from God, to which we bring our own good use and order in His name. And if we are wise, with our reverent humility and wonder.

Only love is creative and productive. Only love is accepting and uplifting, able to bring all things forward to His plan and make them new. Love consecrates life, while sin desecrates and destroys in its lust for possession and will to power.  Love is the way to be abundant and merciful in a time of spiritual wickedness, and dark powers in high places.

God is love, the essence of all existence.  And love endures all."

Jesse, Love Is the Refuge of the Way, June 24, 2017

“I am the good shepherd. The good shepherd lays down his life for his sheep."

John 10:11

And the war progresses the antics on the risk markets gets more interesting and volatile.

Today the stocks they pumped up yesterday dropped quite a bit in the early trade.

Wash, rinse, repeat.

And they took back quite a few of those losses as the day wore on.

Gold and silver were hammered pretty hard, almost to a comical degree.  Maybe they are trying to get their Non-Farm Payoll jollies out of the way early this week.

That was program selling without regard to pricing and market equilibrium IMHO.  They were probably cleaning out stop-loss orders, and giving themselves a chance to square up their own naked short positions.

Ok, let's see where we go from here.

Uncle Buck caught a flight to safety bid today.

VIX spiked and then dropped.

I have not been catching any details on the Asian gold trade so far this week.  I'll have to make time to look since the guy I usually follow has been on my 'timeline' on X.  Did I use that term right?  lol

This war is going to be getting very, very messy as time goes on.  

Many if not most of the details from the main media outlets are rubbish.  

Especially the big outlets in the US and the British papers and media.  

Stenographers to power as some have said.

There are more than the usual number of false prophets running around.  

They way to weigh them is to see how they reflect in the mirror of love.

Contrary to what some wise men have said, I think that the devils can imitate humility, although it is difficult and certainly not in their nature.  And they are specialists in pious hypocrisy and false virtues.

But true humility is founded in love, more specifically the love of God and the desire to do His will.  

That the devils cannot fake.  It is contrary to their nature.

So if you are at times feeling lost or confused and overwhelmed, look for the Good Shepherd, and His light of love.  It calls to you, and will lead you safely home. 

Have a pleasant evening.

Stocks and Precious Metals Charts - From the Desert to the Mountain Top

 

"Only the man who has had to face despair is really convinced that he needs mercy. Those who do not want mercy never seek it. It is better to find God on the threshold of despair than to risk our lives in a complacency that has never felt the need of forgiveness.”

Thomas Merton, No Man Is an Island, 1955

"To enter heaven is to become more human than you ever succeeded in being on earth; to enter hell, is to be banished from humanity. What is cast into hell is not a man: it is 'remains.' To be a complete man means to have the passions obedient to the will and the will offered to God: to have been a man – to be an ex-man or 'damned ghost' – would presumably mean to consist of a will utterly centered in its self and passions utterly uncontrolled. You can have no greater sign of confirmed pride than when you think you are humble enough.

Pain insists upon being attended to.  God whispers to us in our pleasures, speaks in our conscience, but shouts in our pains: it is his megaphone to rouse a deaf world.  No doubt pain as God's megaphone is a terrible instrument; it may lead to final and unrepented rebellion.  But it gives the only opportunity the bad man can have for amendment. it removes the veil; it plants the flag of truth within the fortress of the rebel soul."

C.S. Lewis, The Problem of Pain, 1940

“Man has places in his heart which do not yet exist— and into them enters suffering, so that they may have life.”

Léon Bloy

“Then the rich man said, ‘I beg you, Father Abraham, send Lazarus to my father’s house.  For I have five brothers for him to warn, so that they also will not come to this place of desolation and torment.’  But Abraham said, ‘They have Moses and the Prophets.  Let them listen to them.’ 

But the rich man again said, ‘No, Father Abraham, but if someone from the dead comes back and speaks to them, they will repent.’  And Abraham said, ‘If they do not listen to Moses and the Prophets, neither will they listen if someone warns them who has risen from the dead.’”

Luke 16:27-31
 

The Spirit leads us through the desert of Lent, to the mountain top of the Redemption and the broad vistas of the Resurrection.

Repentance, forgiveness, and thankfulness. 

Last night about 7 PM, shortly after the futures market opened with stock index futures plunging and gold and silver soaring,  I posted the following on X:

"Bessent and crew are going to put forth a maximum effort to reset the markets, so that their fellow jokers that are trapped can get out and reposition.  Donnie thinks they are supporting him, but they just want to make some serious bucks using Uncle Thug's ESF [Exchange Stabilization Fund]."

And so they did today.

All I am going to say for now is to repeat my thought that this attack by the US-Israel on Iran is a strategic military blunder on par with Germany's Operation Barbarossa.  

To borrow a British saying from WW I, we are lions led by donkeys. 

We know whose purposes it serves, and it is most decidedly not the American public.  It is a creature of the oligarchy.

Gold and silver were slammed in the aftermath of a strong flight to safety.

 Stocks were hammered overnight, but were pumped into the NY open and were lifted aloft into the close.

VIX came in high and was pushed lower.

A couple of week ago I suggested that it was time to fill up on oil and gas for yourself, and round up your supplies of food and other essentials.  It literally would cost you nothing over time.

And so it was. 

This will not end well, for anyone, even for those who think that they are directing this madness..

Have a pleasant evening.  

He Calls You By Name

This is a reprint from March 2, 2024

Tax collectors and notorious sinners were all gathering around to hear Jesus.  But the Pharisees and the experts in the law muttered, ‘This man welcomes sinners, and even eats with them.'

And so he told them this story—

‘There was a man who had two sons. The younger one said to his father, “Father, give me my share of the estate.” So he divided his property between them.

‘Not long after that, the younger son got together all he had, set off for a distant country and there squandered his wealth in wild living. After he had spent everything, there was a severe famine in that whole country, and he began to be in need. So he went and hired himself out to a citizen of that country, who sent him to his fields to feed pigs. He longed to fill his stomach with the pods that the pigs were eating, but no one gave him anything.

‘When he came to his senses, he said, “How many of my father’s hired servants have food to spare, and here I am starving to death!  I will set out and go back to my father and say to him: Father, I have sinned against heaven and against you. I am no longer worthy to be called your son; make me like one of your hired servants.”  So he got up and went to his father.


‘But while he was still a long way off, his father saw him and was filled with compassion for him; he ran to his son, threw his arms round him and kissed him.

‘The son said to him, “Father, I have sinned against heaven and against you.  I am no longer worthy to be called your son.”

‘But the father said to his servants, “Quick! Bring the best robe and put it on him. Put a ring on his finger and sandals on his feet. Bring the fattened calf and kill it. Let’s have a feast and celebrate.  For this son of mine was dead and is alive again; he was lost and is found.” So they began to celebrate.

‘Meanwhile, the elder son was in the field. When he came near the house, he heard music and dancing. So he called one of the servants and asked him what was going on. “Your brother has come,” he replied, “and your father has killed the fattened calf because he has him back safe and sound.”

‘The elder brother became angry and refused to go in. So his father went out and pleaded with him. But he answered his father, “Look! All these years I’ve been slaving for you and never disobeyed your orders. Yet you never gave me even a young goat so I could celebrate with my friends. But when this son of yours who has squandered your property with prostitutes comes home, you kill the fattened calf for him!”

‘“My son,” the father said, “you are always with me, and everything I have is yours.  But we had to celebrate and be glad, because this brother of yours was dead and is alive again; he was lost and now he is found.”’

“Addiction might be the best word to explain the lostness that so deeply permeates society.  Our addiction make us cling to what the world proclaims as the keys to self-fulfillment: accumulation of wealth and power; attainment of status and admiration; lavish consumption of food and drink, and sexual gratification without distinguishing between lust and love.  These addictions create expectations that cannot but fail to satisfy our deepest needs. 

As long as we live within the world's delusions, our addictions condemn us to futile quests leaving us to face an endless series of disillusionments while our sense of self remains unfulfilled.  In these days of increasing addictions, we have wandered far away from our Father's home.  The addicted life can aptly be designated a life lived in 'a distant country.'  It is from there that our cry for deliverance rises up.”

Henri J.M. Nouwen, The Return of the Prodigal Son

"All sin, indeed, when repented of, He will put away; but pride hardens the heart against repentance, and sensuality debases it to a brutal nature."

John Henry Newman

"Almighty God lets the sinner go his own way, for He has given to man free-will, and does not want a forced obedience, but an obedience springing from love.  In his forgetfulness of God, the sinner squanders his fortune, the natural and supernatural gifts which he has received, using his natural gifts, his health, his physical powers, and his reason, to offend God.  

The sinner, having forsaken the service of his God, falls under the dominance of Satan, and becomes the slave of his lowest passions, which are signified by the swine which the prodigal was forced to feed.  But the more he obeys his passions, the more dissatisfied he becomes.  No pleasure of the senses can give him happiness, and he feels an emptiness and spiritual hunger in his heart which he is powerless to satisfy.  He knows no rest; he only knows that he is miserable, and hateful to himself."

Friedrich Justus Knecht, On the Prodigal Son

"The sun rises with its scorching rays and withers the grass, flowers droop, and their beauty fades away. So too the rich will be brought low in the midst of their affairs. Blessed are they who stand fast when tempted, for after being tested and tried they will receive the crown of life that the Lord has promised to those who love him."

James 1:11-12

"The Lord requires you to act justly, and to love kindness and mercy, and to walk humbly with your God."

Micah 6:8

He calls you by name.   Turn away from the death of your empty desires, and come home.