29 February 2024

Stocks and Precious Metals Charts - Brothers, Blinded By Sin, What Are We Becoming?

 

"You shall not offer children as a sacrifice to the fires of Moloch, and profane the name of your Lord."

Leviticus 18:21

“It suppresses its feelings and its beliefs and follows the handful that makes the most noise.  Sometimes the noisy handful is right, sometimes wrong; but no matter, the crowd follows it. The vast majority of the race, whether savage or civilized, are secretly kind-hearted and shrink from inflicting pain, but in the presence of the aggressive and pitiless minority, they don't dare to assert themselves.”

Mark Twain, The Mysterious Stranger

"All the world marveled at this, and gave their allegiance to the Beast.  And they worshiped the Serpent for giving such power to him.  'Who is as great as the Beast?' they exclaimed. 'And who is able to resist him?'   And the Beast was allowed to commit great blasphemies against God."

Revelation 13:3-5

"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.  Power is as pitiless to the man who possesses it, or thinks he does, as it is to its victims; the latter it crushes, the former it intoxicates.  The truth is, no one really possesses it."

Simone Weil

"Therefore they shall eat the bitter fruit of their ways, and be gutted by their own schemes.  For the foolish turn away from me—to death.  For fools are destroyed by their pride and self-satisfaction.”

Proverbs 1:31-33

"Genocide has been defined as intentional killing by government of people because of their race, religion, ethnicity, or other indelible group membership.  Power will achieve its murderous potential.   It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."

R. J. Rummel, Death By Government: Genocide and Mass Murder Since 1900, 1994

The rich man replied, ‘No, Father Abraham! But if someone is sent to them from the dead, then they will repent of their sins and turn to God.’  But Abraham said, ‘If they won’t listen to Moses and the prophets, they will not be persuaded, even if someone rises from the dead.’”

Luke 16:31

“Each day we are becoming a creature of splendid glory or one of unthinkable horror.”

C. S. Lewis
 

Stocks were cheered by the relatively benign inflation numbers this morning.

The major indices rallied, and went out near the highs.

VIX fell back again to the 50 DMA.

Gold and silver rallied back a bit.

The Dollar was flat.

The madness serves none but itself.

Have a pleasant evening.