17 October 2018

Stocks and Precious Metals Charts - The Mad King and Long Con In Slow Motion - Götterdämmerung

"Hell is empty, and all the devils are here."  W. Shakespeare, The Tempest
“The easiest way to steal a man's wallet is to tell him you're going to steal his watch.”

Leigh Bardugoh

“They support freedom for themselves and slavery for everyone else, and they use the freedom of the market to disguise this.  Economic coercion is just a different form of force.”

Robert Peate

“As long as there are crazed or crafty leaders to play on old fears, a mob will turn cruel.”

Leigh Brackett

“Hatred is the most accessible and comprehensive of all the unifying agents. Mass movements can rise and spread without belief in a god, but never without a belief in a devil. And there is perhaps no surer way of infecting ourselves with virulent hatred toward a person than by doing him a grave injustice.”

Eric Hoffer

You have surely heard of 'the fog of war.'

Its financial analogue is 'the mist of mispriced risks and their deceptive valuations.'

Note that fraud requires a longer description than war.   Fraud and the power of money is necessarily more complicated than simple murder, which too often serves as one of its instruments of policy.

Alcoa kicked off the real earnings season tonight, after the Banks have finished spewing their financial results early.

Gold and silver tried to rally, but were smacked down in the afternoon in the currency crosses. The Dollar gained.

Stocks were slumping badly, but were rescued in the late afternoon, led back up by the SP 500 futures which closed unchanged.

The SP 500 futures are the locus of market intervention. See the writings of ex-Treasury Secretary Robert Rubin for the technical and ethical justifications for this.

Here is a message I received from Pam and Russ Martens at Wall Street On Parade:
"Our publishing schedule has been interrupted due to the pressing need to provide loving support and care-giving to a family member who is experiencing a health emergency."
Please remember them in your thoughts and prayers.

There will be a stock option expiration on this Friday.

There will be a Comex precious metals option expiration on the 25th. It is not a significant option contract month. The focus is now on the December contract.

Murder a Washington Post columnist? Not a problem, if you have the right connections and 'juice.'

'What is truth' asked Pilate? And then turned and washed his hands of it.'

Our modern procurators and prefects of plutocracy and empire don't even understand the purpose or substance of the question, except as a means of distracting us from yet another one of their lies.

We have taken a natural paradise, and a beacon of freedom to the world, and are turning it into a suburb of Hell— for the unquenchable greed of a few.

Have a pleasant evening.