12 February 2026

Stocks and Precious Metals Charts - Weep for Yourselves and Your Children

 

“Four sorrows are certain to be visited on the United States.

First, there will be a state of perpetual war.

Second is a loss of democracy and Constitutional rights as the presidency eclipses Congress and is itself transformed from a co-equal ‘executive branch’ of government into a military junta.

Third is the replacement of truth by propaganda, disinformation, and the glorification of war, power, and the military legions.

Lastly, there is bankruptcy, as the United States pours its economic resources into ever more grandiose military projects and shortchanges the education, health, and safety of its citizens.”

Chalmers Johnson, The Sorrows of Empire, 2005

"Amen, amen, I say to you, all these things will fall upon this generation.  

O Jerusalem, Jerusalem, you who kill the prophets, and stone those who are sent to you, how many times I yearned to gather your children together, as a hen gathers her young under her wings, but you were unwilling.  

Behold, your house is now yours, but is made desolate.  I tell you truly, you will not see me again until you say, ‘Blessed is he who comes in the name of the Lord.’”

Matthew 23:36-39

“Daughters of Jerusalem, do not weep for me. Weep for yourselves and your children."

Luke 23:28

VIX rose, stocks slump.

The Dollar chopped sideways.

Gold and silver were mugged.  

This is not the result of Chinese speculation as some have asserted.  These are the imaginative misdirection of days gone by.  This is a NY-London operation of the precious metals pools, the long term manipulation of physical supply and the pricing. They are up against the wall on supply. 

Believe what you want.  A lot of people have done that, and missed the breakout of precious metals.  Nothing could be more obvious.

Things are going to get very real over the next two years.

"There have always been plagues and wars, yet they always take us by surprise. When war breaks out people say it's stupid and won't last long.  Stupidity has a knack of getting its way, which we would see if not so wrapped up in ourselves. In this our townsfolk were like everybody else— they did not believe in plagues."   Albert Camus, The Plague

Trump has figured out that a war with Iran et al. is a no-win situation.   But powerful forces continue to push him in that direction.  And he is facing that age old conundrum of all political figures, the threats or the bribes, while being surrounded by ineffective sycophants. 

Lack of strategic vision, honor, and a sense of consequence are sorely lacking in most of our governing elites.   They rarely face any consequences for their incompetence and corruption, and have consequently developed a remarkably unnatural sense of life in their bubble of entitlement.

This must be fashionable with governments these days, because there is so much of that going around.  

 We learn nothing.

Have a pleasant evening.