22 March 2024

Stocks and Precious Metals Charts - Silencing the Truth - Making a Desolation

 

"In February 1933 after the Reichstag fire journalist Carl von Ossietzsky was arrested and held without trial for revealing the Nazi secret rearmament. Despite an international outcry and the Nobel Peace Prize (1935) he died in custody of abuse and medical neglect on 4 May 1938.

In the same year that the journalist Carl von Ossietzsky died in prison for revealing the Nazi government rearmament, Time Magazine named Adolf Hitler its 'Man of the Year.' Top US industrialists and financiers were supporting the Nazis and continued to do so well into the war."

Jesse, Carl von Ossietzsky, X, March 22, 2024

"Many of us like to ask ourselves, 'What would I do if I was alive during slavery?  Or the Jim Crow South?   Or apartheid?  What would I do if my country was committing genocide?'  The answer is, you're doing it.  Right now."

Aaron Bushnell, died in protest by self-immolation, February 24, 2024

"You who murder your prophets, and abuse those whom God has sent as messengers to you. How often I have longed to gather your children together, as a hen gathers her young under her wings. But you would not let me. As you have willed it, so your house is now yours to command— but it is made desolate.’”

Matthew 23:37-38
 

Stocks were digesting their recent highs today.

Gold and silver fell.

As a reminder there is an important precious metals futures option expiration on the Comex on this coming Monday the 25th.

Hence the 'Dr. Evil' type price action we have seen, ie. a big push up followed by an even bigger smack down.

VIX is near its recent lows.

Have a pleasant weekend.