23 July 2015

Gold Daily and Silver Weekly Charts - Though the Heavens May Fall

"No one today likes truth: utility and self interest have long ago been substituted for truth. We live in a nightmare of falsehoods, and there are few who are sufficiently awake and aware to see things as they are. Our first duty is to clear away illusions and recover a sense of reality.

If war should come, it will do so on account of our delusions, for which our tormented conscience attempts to find moral excuses. To recover a sense of reality is to recover the truth about ourselves and the world in which we live, and thereby to gain the power of keeping this world from falling apart."

Nikolai Alexandrovich Berdyaev

There was intraday commentary titled The Epicenter of the Next Financial Crisis and overnight commentary on the precious metals, Free Markets at Work.

I get the feeling sometimes that we have become a nation of conmen and their servants, who plague the great mass of people who are preoccupied with raising families and just getting by.

As we have seen, in the latter part of the 20th century, people had forgotten, or more properly had been persuaded to disregard, the lessons of history and the reforms put in place in the 1930's.   And to our regret the conmen and their enablers were able to get their hands in our pockets, and grab hold of our wallets.  And we have not been able to get their slimy hands out of pockets yet. 

How fitting that in the next election we can once again consider voting for a Bush or a Clinton.  Some choice.

When the time comes, and it is coming as it always does, we should forgive, but not forget. 

And we should let justice be done, though the heavens may fall. 

Have a pleasant evening.