Philip K. Dick, Flow My Tears, the Policeman Said
"This market is one exogenous event away from a meltdown."
Jesse 11 January 2022
“Everybody knows that pestilences have a way of recurring in the world, yet somehow we find it hard to believe in ones that crash down on our heads from a blue sky. There have been as many plagues as wars in history, yet always plagues and wars take people equally by surprise."
Albert Camus, The Plague
"The essence of God is existence, and He defines Himself as: 'I am Who am.' The essence of the devil is the lie, and he defines himself as: 'I am who am not.' Satan has very little trouble with those who do not believe in him; they are already on his side.
Those who have the faith had better keep in the state of grace, for in the coming age there will be only one way to stop your trembling knees, and that will be to get down on them and pray. The most important problem in the world today is your soul, for that is what the struggle is about."
Fulton J. Sheen
The simmering situation on the border between Russia and the Ukraine surfaced today.
It's not that anything terribly new has happened.
The markets just stopped ignoring the increasingly tense situation.
Stocks sold off again-- hard.
The failed rally attempts off that last blow off top keep piling up.
Gold and silver and the Dollar rallied today in a classic flight to safer assets.
Bitcoin apparently didn't get the safer asset seal of approval.
Let's see what next week brings.
Have a pleasant weekend.
