19 November 2019

Stocks and Precious Metals Charts - Metamorphoses

'And the people who belong to the World worshiped the Beast.'
"It was a day of surprises, a day that solved past riddles and suggested new ones, a day of startling revelations, and still more hopeless perplexity...  It all ended in a way no one could have expected. Indeed it was a day of most extraordinary coincidences."

Fyodor Dostoevsky, Demons

“Thus did a handful of rapacious citizens come to control all that was worth controlling in America.  Thus was the savage and stupid and entirely inappropriate and unnecessary and humorless American class system created.  Honest, industrious, peaceful citizens were classed as bloodsuckers, if they asked to be paid a living wage.

And they saw that praise was reserved henceforth for those who devised means of getting paid enormously for committing crimes against which no laws had been passed. Thus the American dream turned belly up, turned green, bobbed to the scummy surface of cupidity unlimited, filled with gas, went bang in the noonday sun.”

Kurt Vonnegut, God Bless You, Mr. Rosewater

"...we had come to the stage where for our people what was needed was a real democracy; and of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of a plutocracy."

Theodore Roosevelt, Autobiography

Margaret Roper:   Haven't you done as much as God can reasonably want?

Thomas More:    Well, finally— it isn't a matter of reason.   Finally, it's a matter of love.

Robert Bolt, A Man For All Seasons

“Stand up for what you believe, even if you are standing alone.”

Sophie Scholl

Stocks tried to break out above the overhead resistance today, but failed and fell back to end the day largely unchanged. Tech managed to hold a little gain.

Gold and silver and the Dollar were higher today, as the appetite for financial asset risk waned a bit.

There is no sustainable recovery. Just the continuous drip, drip, drip of Fed assistance to Wall Street and its Banks.

So what do you want to do tonight, Marty?

Stay beautiful.

Have a pleasant evening.