22 May 2017

Stocks and Precious Metals Charts - And Where They Make a Desert, They Call It Peace

“He felt that he had known them all, those strange terrible figures that had passed across the stage of the world, and made sin so marvelous and evil so full of subtlety."

Oscar Wilde, The Picture of Dorian Gray

“In a nation run by swine, all pigs are upwardly mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely.”

Hunter S. Thompson

Stocks were drifting higher today on light volumes and the good news of a very large arms deal with Saudi Arabia.   Few things are so immensely profitable for us than war, because its products contain their own need for replacements.

Gold and silver saw a little upside on weaker economic outlooks based on stagnant wages, weakening demand, and the continuing printing of money by the unproductive bushels in pursuit of mad and discredited economic theories.

There will be a Comex precious metals options expiration this Thursday the 25th.

Trump's budget was revealed in absentia today.

It presents a diligent effort to strip the weak, the poor, and the disabled of what little they have in order to give the wealthiest few even more. This would be more surprising if one were to forget that this has been the general theme since the rule of Bill Clinton, who while serving the vile interests of mammon could at least make us feel better about it, make us think that he too felt our pain.

I was wondering today, was Hillary really the lesser of two evils? She certainly has the credentials, if not the polish of her spouse and predecessor who were exceptional orators and performers. Even W managed to memorize his lines, and effect the steely gaze when mouthing the watchword, 'terror.'

This is the shortcoming of Trump that so infuriates the more accomplished fakers, swine and hypocrites among our ruling elite—   he is a clumsy liar and a terrible actor, and so rarely fails to spoil the public's illusions about our goodness.

Have a pleasant evening.