19 April 2024

Stocks and Precious Metals Charts - They Annihilate Truth, and Prophesy Illusions

 

"Go now, write it on a tablet for them,
      inscribe it on a scroll,
so that in the days to come
      it may be a witness to them, for ever and ever.
For these are a rebellious people, deceitful children,
      unwilling to listen to the instructions of the Lord.
They say to their seers,
      ‘Do not see!’
and to the prophets,
      ‘Say nothing of what is right!
Tell us only things that please us,
      prophesy illusions."

Isaiah 30:8-10

"The sick individual finds himself at home with all other similarly sick individuals.  The whole culture is geared to this.  The result is that the average individual does not experience the separateness and isolation that the fully schizophrenic person feels.  In fact, it is the fully sane person who feels isolated in the insane society.   

Exploitation and manipulation produce boredom and triviality; they cripple man, and all factors that make man into a psychic cripple turn him also into a sadist or a destroyer."

Erich Fromm, The Anatomy of Human Destructiveness, 1973

“The point of modern propaganda isn't only to misinform or push an agenda.  It is to exhaust your critical thinking, to annihilate truth.”

Garry Kasparov


Stocks once again shook off geopolitical and economic risks, and rallied into the green. 

But as we have seen several times this week, those who bought the dip found themselves holding positions as stocks gradually sank deeper into the red as the day wore on.

Gold and silver finished higher, after having given back all of their 'flight to safety' gains from the night before.

VIX is elevated.

The Dollar chopped sideways.

Illusions can become a powerful addiction.

They allow a people increasingly consumed by madness to blind themselves, as they slide quietly into the abyss.

His children have been freed of the illusions of the world, and instructed to stand in the light, to be a light to his people, as the darkness spreads over the land.

And the world will hate them for it.  For the madness serves none but itself.

Have a pleasant weekend.