Stocks and Precious Metals Charts - War Economy, Whore Economy

 

“Kings had always been involving and impoverishing their people in wars, pretending generally, if not always, that the good of the people was the object. This, our [Constitutional] Convention understood to be the most oppressive of all Kingly oppressions; and they resolved to so frame the Constitution that no one man should hold the power of bringing this oppression upon us.”

Abraham Lincoln, Letter to William Herndon, 1848

"The selling of the Iraq War to the American public was an exploitation of mass gullibility. Current circumstances give little or no hope that the public response would be much different to the selling of some future untoward war."

Paul Pillar, Selling the Iraq War: Gullibility and Mass Hysteria, March 15, 2023

"Every war when it comes, or before it comes, is represented not as a war but as an act of self-defense against a homicidal maniac. All the war-propaganda, all the screaming and lies and hatred, comes invariably from people who are not fighting. War against a foreign country only happens when the moneyed classes think they are going to profit from it."

George Orwell, Facing Unpleasant Facts, 1999

“Instead of hating the people you think are war-makers, hate the appetites and disorder in your own soul, which are the causes of war.  If you love peace, then hate injustice, hate tyranny, hate greed — but hate these things in yourself, not in another.”

Thomas Merton, New Seeds of Contemplation, 1961

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. 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, Genocide and Mass Murder Since 1900, 1994

Stocks found a footing and managed to stage a little rally back today.

The Dollar was trying to move higher, but fell back into the close.

Gold and silver gave up some ground, but then both came back into the close as the Dollar fell.

Silver in particular is showing its usual feisty strength, closing again at a high.

VIX fell back and is still complacent.

One event away.   

And Our Merry Pranksters in Washington are like twelve year olds, cranks, and sociopaths with guns.

Have  a pleasant evening. 

Stocks and Precious Metals Charts - All That Is Required To Serve the Beast Is Do Nothing

 

"You have accepted things you would not have accepted five years ago, a year ago, things that your father, even in Germany, could not have imagined.  Suddenly it all comes to be, all at once.  You see what you are, what you have done, or, more accurately, what you haven’t done.  For that was all that was required of most of us: that we do nothing.  You remember everything now, and your heart breaks.  Too late.  You are compromised beyond repair."

Milton Mayer, They Thought They Were Free: The Germans, 1933-45, 1955

"It does not matter how small the sins are, provided that their cumulative effect is to edge the man away from the Light and out into the Nothing.  Indeed the safest road to Hell is the gradual one—the gentle slope, soft underfoot, without sudden turnings, without milestones, without signposts."

C.S. Lewis, The Screwtape Letters, 1941

"Their tongues are devious weapons, bent like drawn bows.  With lies rather than truth they have gained power in the land.  They commit one crime after another.  They do not accept me."

Jeremiah 9:3

"Anyone can be misled by a clever person, and no one likes to readily admit that they have been had.  It is a sign of character and maturity to realize this, and admit your were deceived, and to demand change and reform. But some cannot, even when the facts of the deception are revealed. The more incorrect that the truth shows them to be, the louder and more strident they become in shouting down and denying reality. At the extremes, it is no longer about justice, but about the objectification of the individual, the elevation of ideology over truth, and the dehumanisation of 'the other.'"

Jesse, The Economics of Demagogues, 18 June 2012

"So live this way because you are aware of the time, that the hour for you to wake from sleep is now. Our salvation is nearer now than when we first believed. The night is nearly over, and the day is at hand. So we must throw off the works of darkness, and put on the armor of light."

Romans 13:11-12

"One of his heads appeared to have been wounded, but its wound had been healed. The whole world then became fascinated with the Beast, and gave their allegiance to him. And they worshiped the serpent, for giving such power to him, as they also worshiped the Beast. 'Who is as great as the Beast?' they shouted. 'And who is able to resist him?' And the Beast was allowed to speak arrogantly with offensive words, and exercise authority for forty-two months."

Revelation 13:3-5

You have accepted things, things that your father could not even have imagined.

Stocks are wobbly.

Donnie and Bessent keep trying to prop and pop them up with paper thin good news announcements.

Gold and especially silver are speaking some truths.   Silver popped up to 59.50 today until it fell back a bit.

VIX is still a bit on the low side.

One event away from something historic. 

Have a pleasant evening.