"We are the United States of Amnesia, which is encouraged by a media that has no desire to tell us the truth about anything, serving their corporate masters who have other plans to dominate us."
Captain America
Gore Vidal
“The world says: 'You have needs -- satisfy them. You have as much right as the rich and the mighty. Don't hesitate to satisfy your needs; indeed, expand your needs and demand more.' This is the worldly doctrine of today. And they believe that this is freedom. The result for the rich is isolation and suicide, for the poor, envy and murder.”
Fyodor Dostoyevsky, The Brothers Karamazov
"Full of joy, and full of sorrow,
Full of thoughts;
Yearning and trembling
In uncertain anguish;
Exulting to heaven,
Cast down unto death—
Happy alone is the soul that loves."
Johann Wolfgang von Goethe, Egmont
Gold and especially silver took a hit today, which was their options expiration on the Comex.
What a surprise. No notions, no pretext. Simple thievery.
Silver *might* be setting an inverse head and shoulders bottom on the weekly chart, and I have tentatively marked it as such.
Let's see how the metals make it past the FOMC announcement tomorrow, and then the rest of the week.
Stocks were in rally mode as the dread coronavirus was eradicated by the attention deficit syndrome of the Wall Street spin machine, powered by hot money and greed.
The expectation of a 'Fed put' under the market is the strongest I have seen since the tech bubble and Greenspan, the poster child for moral hazard.
I am not so foolish to think that many people will listen to what I say now.
Perhaps there will be some knowledge here for those who come back later, to see how and why a supposedly exceptional people went quietly mad.
Have a pleasant evening.
