Human beings are so made that the ones who do the crushing feel nothing; it is the person crushed who feels what is happening. Unless one has placed oneself on the side of the oppressed, to feel with them, one cannot understand. As soon as men know that they can kill without fear of punishment or blame, they kill; or at least they encourage killers, with approving smiles.
Evil when we are in its power is not felt as evil, but as a necessity, or even a duty.Humanism was not wrong in thinking that truth, beauty, liberty, and equality are of infinite value, but in thinking that man can get them for himself, without grace."
Simone Weil
"The dawn will come. Disappointment, sorrow, and despair are born at midnight, but morning follows. Let no man pull you so low as to hate him.”
Martin Luther King
Gold and silver rocketed higher today breaking out of their short term chart patterns.
They have a little way to go before knocking it out of the park on the charts.
But they are much closer today than yesterday.
Physical in Hong Kong remains in short supply.
One of the components of this precious metals rally was the dump of the Dollar, by almost a buck.
Stocks were also in rally mode.
So it wasn't so much a risk on event, as it was a flight from the dollar into different assets, with much less regard for risk.
I have included an update on the performance of various assets yeart-to-date below.
As Simone Weil notes above, 'As soon as men know that they can kill without fear of punishment or blame, they kill; or at least they encourage killers, with approving smiles.'
People rarely from peacefulness and benevolence to killing in one step.
The intervening steps are insults, marginalization, dehumanization, unequal treatment, sanctioned injustice, financial predation, and physical abuse.
And it rarely stops with the initial target group.
Lets see a return to at least some sort of civility and the rule of law and sound regulation can be advanced.
Most likely it will be one person at a time.
Have a pleasant evening.
