12 October 2017

Stocks and Precious Metals Charts - It's a Livin' Thing

Albrecht Dürer, St. Jerome In His Study
"Sin has many tools, but a lie is the handle which fits them all."

Edmund Burke

“And in the Incarnation the whole human race recovers the dignity of the image of God. Henceforth any attack, even on the least of men, is an attack on Christ, who took the form of man, and in his own Person restored the image of God in all that bears a human form.

Through fellowship and communion with the Incarnate Lord, we recover our true humanity, and at the same time we are delivered from that perverse individualism which is the consequence of sin, and retrieve our solidarity with the whole human race.”

Dietrich Bonhoeffer, The Cost of Discipleship

"For what does it profit a man, to gain the whole world, but lose his soul?"

Mark 8:36

Stocks were off a bit today, while the precious metals remained steady.

The markets were perturbed a bit by the geopolitical events, as well as some new domestic disappointments with the triumph of corporatism in the form of tax relief at the expense of the working and middle class.

President The Donald has apparently figured out that the GOP Tax Reform proposal was going to provide extravagant benefits to his wealthy colleagues, while placing the burden for this most squarely on the middle class, not to the mention the weak and the poor through cutbacks to basic healthcare.

And even he blanched at this, although one might question his lack of understand of the basic tenets of US taxes, since he considers himself an expert in even the more arcane areas of this system.

But what excuse could there be for the House GOP and their fellows in the political establishment, on both sides of the aisle, who know exactly what it is they are doing, to whom and for what, over and over again.  They are playing a game at which they imagine themselves to be masters, that ironically enough they do not understand at all.   And therein lies the tragedy, and they bid you join them.

And because of the increase in wickedness, the love of many will grow cold.

Have a pleasant evening.