Stocks and Precious Metals Charts - The Madness Serves None But Itself

 

"This is a time of shame and sorrow.  It is not a day for politics.  I have saved this one opportunity to speak briefly to you about this mindless menace of violence in America which again stains our land and every one of our lives.   It is not the concern of any one race. The victims of the violence are black and white, rich and poor, young and old, famous and unknown.  They are, most important of all, human beings whom other human beings loved and needed.  No one - no matter where he lives or what he does - can be certain who will suffer from some senseless act of bloodshed.  And yet it goes on and on...

Some who accuse others of inciting riots have by their own conduct invited them.  Some look for scapegoats, others look for conspiracies, but this much is clear; violence breeds violence, repression brings retaliation, and only a cleaning of our whole society can remove this sickness from our soul."

Robert F. Kennedy, City Club of Cleveland, 5 April 1968

"The ultimate weakness of violence is that it is a descending spiral, begetting the very thing it seeks to destroy.  Instead of diminishing evil, it multiplies it.  Through violence you may murder the liar, but cannot murder the lie, nor establish the truth.  Through violence you may murder the hater, but you do not murder hate.  In fact, violence merely increases hate.  So it goes.  Returning violence for violence multiplies violence, adding deeper darkness to a night already devoid of stars.  Darkness cannot drive out darkness: only light can do that."

Martin Luther King, Where Do We Go From Here, 1967

"The shreds of individuality cannot be sewed together with a bayonet; nor can democracy be restored according to the Biblical injunction of an 'eye for an eye' which, in the end, would make everybody blind. Any attempt to introduce democracy or to check totalitarianism must constantly emphasize the rehabilitation of personality.  Freedom and responsibility help.  Rigid authority hinders."

Louis Fischer, Gandhi and Stalin, 1947

"The stoking of fear and hate ends in the blood of innocents, always.   Over time it spares no one.   Have we learned nothing?  Have we sunk so low that we no longer fear the reproach of civilized people, or the judgement even of God?  We seem to have no shame, no sense of history, no compunction about lying and wallowing in lies, and relatively little enough decency left in our public life.  It is all about power and money.   People are just tools, objects, and collateral damage.

When you unleash the madness, the unspeakable, you do not control it— it controls you."

Jesse, Political Power and the Virus of Fear, 10 October 2018

 

Stop killing the innocent.  

And for the great worldly powers, stop using the innocent of other nations to advance your desire for global domination.  No matter how you wish to rationalize and disguise it, even to yourself.

Truly, the madness serves none but itself.

Stocks slumped hard today in the market's bipolar provisions for risk.

Friday is an option expiration.

Gold and silver rallied, sharply in the morning, but giving some back after Europe went to bed.

The Dollar rallied in a related flight to safety.

VIX rose.

Google blogger remains scrambled.

The wash and rinse will likely continue until the war or some other exogenous issues weigh in on traders again.

It struck me today how similar some of the biggest Wall Street players are to the Mafia in their management, rewards, and recruiting styles.   Payoffs of course, but done elegantly.

Have a pleasant evening.