Nikolai Berdyaev
"If there are damned souls in Hell, it is because men blind themselves.”
E.A. Bucchianeri, Faust: My Soul Be Damned for the World
"The wealthy, not only by private fraud but also by common laws, do every day pluck and snatch away from the people some part of their daily living. They invent and devise all means and crafts, first how to keep safely without fear of losing that which they have unjustly gathered together, and next how to hire and abuse the work and labor of the people for as little money and effort as possible."
Thomas More, Utopia
"War against a foreign country only happens when the moneyed classes think they are going to profit from it."
George Orwell
"Hubris calls for nemesis, and in one form or another it's going to get it, not as a punishment from outside but as the completion of a pattern already started."
Mary Midgley, The Myths We Live By
The markets were clearly in a risk on mood today.
Perhaps it is due to some insights about what the illustrious Fed will be announcing tomorrow.
Or on the other hand, just a setup for an options week wash and rinse.
Be that as it may, gold and silver were pushed lower, but managed to hold up a little against the selling.
The Dollar chopped sideways.
Perhaps as a side effect of stocks, the miners I watch were in the green today.
FOMC tomorrow. Stock index option expiration on Friday.
Here is a sample of what happens when a short metals trade implodes: JPM At the Center of Another Multi-Billion Trading Scandal.
The lies will continue, until confidence is restored.
Have a pleasant evening.
