17 November 2022

Stocks and Precious Metals Charts - Relentless Synchronicity of the Moneyed Interests


"The fruits of the toil of millions are badly stolen to build up colossal fortunes for a few, unprecedented in the history of mankind; and the possessors of these, in turn, despise the Republic and endanger liberty. 

From the same prolific womb of governmental injustice we breed the two great classes—tramps and millionaires.  The national power to create money is appropriated to enrich bond-holders; a vast public debt payable in legal-tender currency has been funded into gold-bearing bonds, thereby adding millions to the burdens of the people.

We have witnessed for more than a quarter of a century the struggles of the two great political parties for power and plunder, while grievous wrongs have been inflicted upon the suffering people.  We charge that the controlling influences dominating both these parties have permitted the existing dreadful conditions to develop without serious effort to prevent or restrain them. 

Neither do they now promise us any substantial reform.  They propose to sacrifice our homes, lives, and children on the altar of mammon; to destroy the multitude in order to secure corruption funds from the millionaires."

US Populist Party Platform, 1892

"But there is a sort of 'Ok guys, you're mad, but how are you going to stop me' mentality at the top."

Robert Johnson

"Perhaps the disconnected nature of the nation's money, its profound alientation with respect to the real economy, is the key to the market's increasingly erratic behaviour, and the remarkable silence of the lambs."

Jesse, 4 November 2011

“The main problem in any democracy is that crowd-pleasers are generally brainless swine who can go out on a stage and whip their supporters into an orgiastic frenzy— then go back to the office and sell every one of the poor bastards down the tube for a nickel apiece. The downward spiral of dumbness in America is about to hit a new low.”

Hunter S. Thompson

Can we possibly sink lower than we already have? 

Stocks continued to slide lower, although they were able to bounce off the lows.

Gold and silver were lower.

The Dollar was higher.

There will be a stock index option expiration on Friday.

Some day we will have genuine reform.  But not yet, by a long shot.

The US is in the firm grip of an oligarchy in partnership with some well compensated politicians. 

Have a pleasant evening.