29 November 2024

Stocks and Precious Metals Charts - But in the Darkness, Light

 

“Hell has three gates: lust, anger and greed.”

Vyasa, Mahābhārata महाभारतम्

"There is no calamity greater than lavish desires, there is no greater guilt than discontentment, and there is no greater disaster than greed".

Lao tzu, Tao Te Ching, trans by Wing Tsit Chan

"Those who want to be wealthy are falling into temptation and a trap and into many foolish and harmful desires, which plunge them into ruin and destruction. For the love of money is the root of all evil, and some people in their craving for it were led away from the faith, and have pierced themselves with many sorrows."

1 Timothy 6:9-10

"Greed is a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction."

Erich Fromm, Escape From Freedom

"From top to bottom of the ladder, greed is aroused without knowing where to find ultimate foothold. Nothing can calm it, since its goal is far beyond all it can attain. Reality seems valueless by comparison with the dreams of fevered imaginations; reality is therefore abandoned."

Emile Durkheim, Suicide

"Greed is not good.   Greed is a disease, an aberration of simple honest ambition and necessary provision taken to excess.  This simple distinction may be lost on a people no longer able to distinguish between virtue and sin, honor and expediency, appetite and gluttony, the means and the ends.

Every great religion, every school of philosophy has cautioned throughout history on the perils of unbridled and unregulated greed.  And yet this generation would make a god of it, although they may not understand, or care, what it is that they are doing, and whom it is they serve.

Greed, often in company with hubris and fear, is a handmaiden of the corrupting influence of power and triumph of the will. Greed is contagious, and attacks the very contentment of society at its heart, turning it towards oligarchy and oppression.

What the US has today is not market capitalism that predominantly rewards the merits and work of individuals, but rather is the product of dishonest and disordered minds, a system of fraud and plunder by privileged oligarchs masquerading as fair and honest markets of legitimate valuation and price discovery."

Jesse, Greed Is Not Good, 19 December 2010


Did you know that, on average, US billionaires pay an effective tax rate of less than 9%?  And many thousands are suffering and dying for the lusts of those driven mad by greed?

The worldly elite are in the grip of a proud madness, that has been slowly growing for many years, when their wisdom declared that 'greed is good' and that this is what we deserve, so we may take it.

Watch, and draw an example from it, as another destroys themselves with cravings for land and power, and the madness of a few.  And perhaps we may yet turn from this path of war and devastation and return again to the light.

Parliament passed an assisted suicide act today, that many said was seriously flawed and open to abuse.  

It could perhaps be their way of solving the problem they created by cutting the heat in winter for their sick and elderly, in order to pursue wars in other lands without purpose in pursuit of personal wealth and lost glories.  It would have been better for them if they had been collared and tossed into the sea.

"It was the professional class, the doctors and the lawyers, who willingly sanctioned the murder of the innocents in Germany.  And for that great crime against God and Man, which almost no one protested against, the country was brought low and laid to ruin.   And it is a terrible trap to think that we today are so different, so exceptional, that we are not capable of permitting the same thing to happen all over again.  Men can make themselves into beasts, one step at a time. And then there is hell on earth."    
Jesse, Aktion T4: The Garden of Beasts, October 2012
With such as these, what is permitted will be required.

Stocks bounced on light holiday volume.

Gold and silver rallied back after an obvious sell off for the recent Comex options expiration.

VIX has fallen to what recently can be defined as 'complacency.'

The Dollar fell back from its recent highs.

But even in the darkness there is light.

We had a wonderful Thanksgiving holiday yesterday.   The parents told the children to sit and be quiet, and the spirit told them to 'wiggle.'   With great enthusiasm.

It was an organized chaos at times, but my angel god-daughter and capable son somehow made it all work.  It was one of the best Thanksgiving dinners ever.

And for this I am grateful, as always, for His loving kindness and tender mercies.

Have a pleasant weekend.

28 November 2024

Thanksgiving Day

 

"The golden moments in the stream of life rush past us, and we see nothing but sand; the angels come to visit us, and we only know them when they are gone."

George Eliot

"I've seen something wondrous peering through my joy in the beautiful, a sense of its creator. Only people can be truly ugly, because they have free will to separate themselves from this song of praise. It often seems they will drown out this hymn with cannon thunder, curses, and blasphemy. But I have realized they will not succeed. And so I want to throw myself on the side of the victor.”

Sophie Scholl

“What we would like to do is change the world— make it a little simpler for people to feed, clothe, and shelter themselves as God intended them to do. And, by fighting for better conditions, by crying out unceasingly for the rights of the workers, the poor, of the destitute— the rights of the worthy and the unworthy poor, in other words— we can, to a certain extent, change the world; we can work for the oasis, the little cell of joy and peace in a harried world. We can throw our pebble in the pond and be confident that its ever widening circle will reach around the world."

Dorothy Day, The Long Loneliness

"Show me your ways, O Lord, and teach me your paths. Lead me in your truth, and instruct me: for you are the God of my salvation; and I wait for you all the day. Remember, O Lord, your tender mercies and loving kindness, as they have ever been of old."

Psalm 25:4-6

And let us be thankful for the three great gifts, given freely out of love:  repentance, forgiveness, and thankfulness.

Enjoy. 





Plaza Hotel NYC 1899



Gettysburg Hotel, Gettysburg, Pennsylvania 1909


27 November 2024

Stocks and Precious Metals Charts - Loving Kindness and Tender Mercies

 

"We pray for the big things, and forget to give thanks for the ordinary, small (and yet really not so small) blessings.”

Dietrich Bonhoeffer

"Rejoice in the Lord always; and again I will say, rejoice; show patience and consideration to all, for the Lord is always near. Let nothing make you anxious; but with prayer, and by supplication, and with thanksgiving, let your needs be made known unto God; and the peace of the Lord, which surpasses all understanding, will guard your hearts and your minds, in Christ Jesus."

Philippians 4:4-7

"Remember us, O Lord, in thy loving kindness and tender mercies, as ever they have been from old."

Psalm 25:6

For the first time post-COVID lockdown we are having all the extended family over for Thanksgiving dinner: 12 adults and 5 little ones.  Most of them are working hard in modest jobs, just scraping by.  There is a 20 pound turkey, and plenty of sides from the daughters.  It's nice to see God's innocents running and speed-crawling around the house again. 

There are times when we fall to our knees and thank God for all His blessings and tender mercies.

And there are other times when we arrogantly refuse to bend or bow, and to defer to anything but ourselves, in complacent pride.  And then God brings us to our knees, to remind us of who we are, and how to be grateful for what we have been given.

Please remember to feed the least of His creatures, the birds and animals, and of course His children. What you do for the least of these, you do for Me.

Bring comfort and fellowship to the hearts of those you meet, especially those impoverished by fear and isolation, trials and afflictions, with a kind word and a smile and acts of mercy.  Each of us has our burdens and troubles to carry. And it is our duty and joy and freedom to lessen the troubles of others, out of acceptance and thankfulness for His love, of those who are unworthy, like us.

I remember all of you in my thoughts and prayers, as always, my brothers and sisters in the Lord.  And I give thanks for you and your goodness and your efforts to walk in His paths.  And for those who have wandered off in the cold and dark.

Let us commend ourselves to His merciful forgiveness, and trust our futures to His loving kindness and tender mercy. Let us permit ourselves to be fashioned to His will, in our commitment to His gospel, not for His sake, but for ours, as He wisely commanded us.

Be kind to those who are around your table today, even those who may be 'difficult.'  And pray for His mercy and enlightenment to give a more acceptable example to His children, if that difficult one is you.

Do not wait for God to show you the consequences of your sinfulness and waywardness and pride.  Ask Him to show your sins to you, and for His forgiveness and mercy in thankfulness.  Better now than later.

US markets will be closed tomorrow for the national Thanksgiving holiday.  

They will be open on Friday, but will be closing early at 1 PM.

Need little, want less, love more. For those who abide in love abide in God, and God in them. 

Have a pleasant evening.

26 November 2024

Stocks and Precious Metals Charts - That Day of Wrath

 

"While some were speaking in the temple, and remarking how lavishly it was adorned with costly stones and beautiful memorials, Jesus said, 'These things that you see — the days will come when there will not be left a stone upon another stone that will not be thrown down.'

And they asked him, 'Teacher, when will this be, and what sign will there be when all these things are about to happen?' And Jesus said, 'See that you are not deceived, for many will come in my name, saying, ‘I am he,’ and ‘The time has come.’ Do not follow them. When you hear of wars and rebellion, do not be afraid, for such things must happen first. But it will not yet be the end.' Then he said to them, 'Nation will rise against nation, and kingdom against kingdom. There will be powerful earthquakes, famines, and plagues from place to place. And awesome sights and mighty signs will come from the sky.'

When you see Jerusalem surrounded by armies, then you will know that the time of its desolation draws near. Then those in Judea must flee to the mountains, and those in the midst of the city must leave, and those in the country should not return. For these are the be days of God’s judgement, so that all that has been written may be fulfilled.'"

Luke 21:5-11

"The perpetrators were scholars, doctors, nurses, justice officials, the police and the health and workers’ administration. The victims were poor, desperate, rebellious or in need of help. They came from psychiatric clinics and childrens hospitals, from old age homes and welfare institutions, from military hospitals and internment camps."

Commemorative Tablet, Tiergartenstraße 4, Berlin

“Evil when we are in its power is not felt as evil, but as a necessity, or even a duty. Sin is not a distance, it is a turning of our gaze in the wrong direction. Human beings are so made that the ones who do the crushing feel nothing; it is the person crushed who feels what is happening. Unless one has placed oneself on the side of the oppressed, to feel with them, one cannot understand.

Power is as pitiless to the man who possesses it, or thinks he does, as it is to its victims; the latter it crushes, the former it intoxicates. The truth is, no one really possesses it."

Simone Weil, War and the Iliad, 1939

"They asked, 'Where will this happen, Lord?' And Jesus said, 'Where death is, there a gathering of vultures will be.'”

Luke 17:37

"Those among the rich who are not, in the rigorous sense, damned, can understand poverty, because they are poor themselves, after a fashion; but they cannot understand destitution.  They will be moved to the sound of beautiful music, and at Jesus’s sufferings, but His Cross, the reality of His Cross, will horrify them.  They want it all out of gold, bathed in light, costly and of little weight;  pleasant to see, hanging from a woman’s beautiful throat."

Léon Bloy, Exégèse des Lieux Communs

"The kings of the earth, the nobles, the military officers, the rich, the powerful, and every slave and free person hid themselves in caves and among mountain crags.  They cried out to the mountains and the rocks, 'Fall on us and hide us from the face of the one who sits on the throne and from the wrath of the Lamb, because the great day of their judgement has come, and who can stand against it?” 

 Revelation 6:15-17


Stocks managed to gain a footing after another early selloff, and went into the close with a gain.

Gold and silver enjoyed a little bounce.

Some of the better miners showed signs of short covering.

VIX continued to decline.

Bitcoin continued backing off from its high, its recent run to $100,000. 

Stocks are primed for a sell off.   It's just a matter of what gets the ball rolling.

My big question is, 'can the US survive another two months of Genocide Joe and his Merry Pranksters?

I am trying to keep an open mind on Trump, as I generally tend to do with a new president.

It's not easy.

I look at the Western leaders and wonder where such a parcel of incompetent rogues came from.

Have a pleasant evening.