11 June 2019

Stocks and Precious Metals Charts - A Rally That Failed, Again - JPM Rigging the Precious Metals Markets

"The arrest of Julian [Assange] marks the official beginning of the corporate totalitarianism and constant state surveillance, now far advanced in China, that will soon define our lives. The destruction of all protection of the rule of law, which is what we are witnessing, is essential to establishing an authoritarian or totalitarian state.

There has been a coordinated smear campaign against Julian by our Thought Police, one that is amplified by the very media organizations that published WikiLeaks material. The campaign was detailed in a leaked Pentagon document prepared by the Cyber Counterintelligence Assessments Branch and dated March 8, 2008.   The document called for eradicating the 'feeling of trust' that is WikiLeaks’ 'center of gravity' and destroying Julian’s reputation.

There is nothing like the boot of the oppressor on your neck to give you moral clarity."

Chris Hedges, The Thought Police Are Coming

"In the last days perilous times shall come. For men shall be lovers of their own selves, covetous, boasters, traitors, heady, high-minded having a form of godliness, but denying the power thereof. Evil men and seducers shall wax worse and worse, deceiving and being deceived.

This is the way in which he conceals from you the kind of work to which he is putting you; he promises you illumination, he offers you knowledge, science, philosophy, enlargement of mind. He scoffs at times gone by; he scoffs at every institution which reveres them.

He prompts you what to say, and then listens to you, and praises you, and encourages you. He bids you mount aloft. He shows you how to become as gods. Then he laughs and jokes with you, and gets intimate with you; he takes your hand, and gets his fingers between yours, and grasps them, and then you are his."

John Henry Newman, The Time of Antichrist

"The most important problem in the world today is your soul, for that is what the struggle is about."

Fulton J. Sheen

There are many things that one can worry about.  There are many possessions people covet, associations and access that they treasure, and credentials that they flaunt and wear so proudly.

In the end there will be only one thing that really matters.

Stocks were attempting to rally from the early monrning hours today, and the spokesmodels had their pom poms out and were doing backflips.

But alas, it once again proved to be just another illusion of The Recovery. But we do love our illusions.

This is the second rally attempt that failed badly into the close.

Gold and silver were hit early with silver maintaining its balance. Gold came back into the close.

Despite the clean bill of health given by Obama's CFTC in their summary finding, it appears that JPM may be risking another felony for manipulating the precious metals markets over a period of years.

The merry marketeers are hoping for a rate cut from the Fed next week.  The first rate cut that we see may signal that the beginning of the end is at hand.

Need little, want less, love more. For those who abide in God abide in love, and love in them.

Have a pleasant evening.