03 April 2019

Stocks and Precious Metals Charts - These Violent Delights - Non-Farm Payrolls on Friday


Batoni, Return of the Prodigal Son
“The truth is that we were so spiritually and morally bankrupt that we could not even see some of those lines: we stepped over them blindly.  Other times we saw the lines alright, but we wanted to cross them...

It wasn’t God who was dead.  We were."

Ray A., Practice These Principles


“Religion used to be the opium of the people.  To those suffering humiliation, pain, illness, and serfdom, religion promised the reward of an after life.  But now, we are witnessing a transformation:  a true opium of the people is the belief in nothingness after death, the huge solace, the huge comfort of thinking that for our betrayals, our greed, our cowardice, our murders, we are not going to be judged..”

Czeslaw Milosz,  Discreet Charm of Nihilism


"These violent delights have violent ends
And in their triumph die, like fire and powder,
Which, as they kiss, consume."

William Shakespeare, Romeo and Juliet

Another blow off top in US stocks is underway.

We will have to wait to see the extent of it, both the zenith and the fall afterward.

I suspect that stocks will struggle higher until earnings season comes, and rude reality comes to bear on this fantasy of economic recovery.

Gold and silver are marking time for now.  It has been so for quite a long time.

We are in a time of a general madness,  when lies are commonplace, and greed reigns in the hearts of even those who would be faithful.

If you have not prayed in a long time, try to do so again, even if it is a little bit every other day.  And in your prayer, ask the Lord to show your sins to you, so that you might repent of them now, and seek his forgiveness, and try to sin no more.

And the peace of the Lord, which surpasses all understanding, will guard your hearts and your minds.

Have a pleasant evening.