"From the least to the greatest, they are greedy for unjust gains;
and from prophet to priest they all deal falsely.
They have treated the suffering of my people carelessly,
saying, ‘all is well’ when there is no safety.
They act shamefully, they commit terrible offenses;
and yet they are not ashamed,
and do not even know how to blush.
Therefore they shall fall among those who are fallen."
Jeremiah 6:13-15
"A baited banker thus desponds,
From his own hand foresees his fall,
They have his soul, who have his bonds;
'Tis like the writing on the wall...
"When other hands the scales shall hold,
And they, in men's and angels' sight
Produced with all their bills and gold,
"Weigh'd in the balance and found light!"
Jonathan Swift, The Run on the Bankers
"O, would or I had seen the day
That treason thus could sell us,
My auld grey head had lien in clay
Wi' Bruce and loyal Wallace!
But pith and power, till my last hour,
I'll make this declaration:
We're bought and sold for English gold—
Such a parcel of rogues in a nation!"
Robert Burns, A Parcel of Rogues In a Nation, 1791
"Easy is the descent to hell; all night long, all day, the doors of dark Hades stand open; but to retrace the path; to come out again to the sweet air of Heaven - there is the task, there is the burden."
Virgil, The Aeneid
Qui est le trompeur trompé?
Stocks took a fairly substantial dive this morning, after being pumped up overnight.
But never fear, they found some footing and manage to drift back up to unchanged in the late afternoon.
Gold extended its rally a little higher.
Silver fell in sympathy with stocks, but unfortunately did not recover as they had done.
Nvidia reports after the bell, and the Street waits with bated breath.
VIX rose with the decline in stocks, but only fell back again part way.
The Dollar rallied. Flight to safety.
Have a pleasant evening.
