04 March 2020

Stocks and Precious Metals Charts - Wir Sind Uns Lang Verloren Gegangen - Counting Days

"I know nothing that I may say can influence you.  You have no souls to be influenced. You are spineless, flaccid things.  You pompously call yourselves Republicans and Democrats.   There is no Republican Party.   There is no Democratic Party.  There are no Republicans nor Democrats in this House.  You are lick-spittles and panderers, the creatures of the plutocracy.”

Jack London, The Iron Heel

“‘The dead will lie on open fields,
like sheaves behind the reaper,
with no one to gather them.
So let not the wise boast of their wisdom
or the strong boast of their strength
or the wealthy boast of their riches,
but let the one who boasts boast about this:
that they have the understanding to know my ways.'"

Jeremiah 9:22-24

"Beauty is but a flower
Which wrinkles will devour;
Brightness falls from the air;
Queens have died young and fair;
Dust hath closed Helen’s eye.
I am sick, I must die.
Lord, have mercy on us."

Thomas Nashe, A Litany In Time of Plague

Stocks were rallying deliriously today, as they did the other day, before they were plummeting seemingly in a panic of despair.

Gold was off a bit and the dollar was slightly higher. Silver marked time in place.

The spokesmodels were calling this a relief rally, with Wall Street being relieved with the triumphant performance of Joe Biden in the primaries over Bernie Sanders.

There was a notable rally in the health care sector.

There is no surprise that the one percent love the status quo.

Now they are counting votes, with an eye to a triumph in November.

Let them count the days instead, so that they may know what they have squandered in their greed and in their pride.

We have been lost for a long time.

Perhaps we can find our way again.

Have a pleasant evening.