15 March 2024

Stocks and Precious Metals Charts - The Delusions of the Exceptional


"For the worldly reasoned unsoundly, saying to themselves, ‘Short and sorrowful is our life, and there is no remedy when a life comes to its end, and no one has been known to return from death.  For we were born by mere chance, and hereafter we shall be as though we had never been...

We'll oppress the poor, even if they are righteous.  We'll show no respect for widows or old people.  We'll call ourselves in the right if we are strong enough to get what we want.  No one ever succeeded by being weak. 

Righteous people are nothing but a nuisance, so let's try to get rid of them. We can't tolerate people like that; what they are contradicts our entire way of thinking.

They are not like other people; they have strange ways.  They think that our morals and ideas are so corrupt that everything we do should be avoided.  They say that they have God for their Father, and believe that when all is said and done, only the righteous will be happy.  But we'll see if that's true.   

So let's inflict them with suffering.  We'll be cruel and torment them; then we'll see how calm and reasonable they are.  We'll find out just how much they can withstand.   We'll condemn them to a shameful death.  After all, they say that God will protect them.'

That is how worldly people think, but they are wrong.  They are blinded by their own wickedness.  They have never known God's ways, never worked for the rewards of a holy and blameless life."

Wisdom 2:1-2,10-21

"The social principles of Christianity preach cowardice, self-contempt, abasement, submission, humility, in a word all the qualities of the rabble, and the proletariat, which will not permit itself to be treated as rabble, needs its courage, its self-confidence, its pride and its sense of independence even more than its bread. The social principles of Christianity are cowardly and hypocritical, and the proletariat is revolutionary.”

Karl Marx, Deutsche-Brüsseler-Zeitung, September 12, 1847

"The church, quite naturally, is mobilizing everything and everyone against me.  The Führer has always shielded my consistent stance [occult neo-paganism] over the years, to the extent he could do so, given his position.  Now, with a laugh, he repeatedly emphasized that he has been a pagan all along, and the time has come when the Christian poisoning is approaching its end.  These remarks have remained secret, but recently a Berlin society woman has been proudly gossiping about them."

Jürgen Matthäus and Frank Bajohr, Political Diary of Alfred Rosenberg, p. 36, 2015

“Religion used to be the opium of the people.  To those suffering humiliation, pain, illness, and serfdom, religion promised the reward of an after life.  But now, we are witnessing a transformation: a true opium of the people is the belief in nothingness after death, the huge solace, the huge comfort of thinking that for our betrayals, our greed, our cowardice, our murders, we are not going to be judged.”

Czeslaw Milosz, Discreet Charm of Nihilism

 

Stocks dropped as the grudging realization that the Fed is most likely to only cut rates a few times this year, and later than expected, finally managed to sink in.

But don't think that they won't rally stocks again at some later date, based on the same old lies.

They just pretend to be sincere.  Its the fashionable thing amongst frauds and liars these days.

People who imagine they are exceptional become exceptionally good liars with time.  They benefit from the practice of lying to themselves, constructing well rehearsed justification stories for whatever illusion they wish to support and promote.

They sometimes just want to say it, to reinforce their own exceptionalism, subjecting those around them to very ardent lectures that most bear up with patiently, preferring to say good day, and good by. 

Why do people do this?   Especially if they are true believers in some thing?  This goes for both the left and the right, who at their extremes start sounding just like each other.  So bitter adversaries, and even victims and their oppressors, can start taking on each other's forms.

Maybe they are just talking to themselves, putting forth didactic lectures from the echo chamber of their obsessive intransigence.  

Gold and silver rallied and then backed off a bit.

We are heading into an FOMC meeting next week, and  a Comex metals expiration on the 26th.

Need little, want less, love more.  For those who abide in love abide in God, and God in them.

Have a pleasant weekend.