20 November 2019

Stocks and Precious Metals Charts - As Old As Babylon, and Evil as Sin - The Reivers

"After Alexander the Macedonian, Philip’s son, who came from the land of Kittim, had defeated Darius, king of the Persians and Medes, he became king in his place, having first ruled in Greece.

He fought many battles, captured strongholds, and put the kings of the earth to death.   He extended his rule to the ends of the world, gathering plunder from many nations.  The earth itself fell silent before him, and his heart became arrogant and proud."

1 Maccabees 1:1-3

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects."

R. J. Rummel, Death by Government: A History of Mass Murder and Genocide Since 1900

"This is as old as Babylon, and evil as sin.  It is the power of the darkness of the world, and of spiritual wickedness in high places.  The only difference is that it is not happening in the past, or in a book, or in some vaguely frightening prophecy— it is happening here and now."


"The wealth of another region excites their greed; and if it is weak, their lust for power as well.  Nothing from the rising to the setting of the sun is enough for them.  Among all others only they are compelled to attack the poor as well as the rich.  Plunder, rape, and murder they falsely call empire; and where they make a desert, they call it peace."


Stocks slipped today, as the trade war with China was kicked up a notch by the Congress resolution in support of Hong Kong protests.

But seriously, stocks had hit a very obvious high note yesterday, at least for the short term. I came in pretty short based on that if/come, and took half off intraday.

The Fed and their Banks may be able to blow a little more hot air into this financial asset bubble, but the shadows are lengthening and the hour grows late.

How nice of Sweden to drop their trumped up charges against Assange, now that Uncle Thug and its merry minions of empire have managed to betray his freedom, and wear down his body and spirit.

O Jerusalem, Jerusalem, you who murder

Gold and silver moved sideways again.  I don't think that they are going to break free ahead of the Comex options expiration next week.

Have a pleasant evening.