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29 April 2026

Stocks and Precious Metals Charts - The Sorcerers and The Bewitched

 

"Lack of understanding and laziness may cause more problems in the world than cunning and malice."

Johann Wolfgang von Goethe, Die Leiden des jungen Werther, 4 May 1771

"The whole spectacle of the health of the global economy pirouetting on the decision of an American Banker, or perhaps more properly, the Viceroy of Wall Street, on whether to symbolically raise a benchmark interest rate, tied to an avalanche of internationally distributed paper claim checks for conceptual ephemera and political promises, must be one of the oddest things that we have come to take for granted in our modern society today.

Such is the power of the modern religion of the markets, and with those who would displace any power greater than themselves to make way for the overheated imaginings of their restless wills and fancies."

Jesse, The Improbable in Service to the Insatiable,  26 August 2015 

"At sea and on land, everyone seemed to be making money. It was a stampede of buying. And major speculators like John Jacob Rascob whipped up the frenzy.  He told readers of The Ladies’ Home Journal that 'now everyone could be rich.'  September 2nd, Labor Day. It was the hottest day of the year. The markets were closed and people were at the beach.  A reporter checked in with astrologer Evangeline Adams to ask about the future of stock prices.  Her answer:  the Dow Jones could climb to heaven.  The very next day, September 3rd, the stock market hit its all-time high.

On September 5th, economist Roger Babson gave a speech to a group of businessmen. 'Sooner or later, a crash is coming and it may be terrific.' The market took a severe dip.  They called it the Babson Break. The next day, prices stabilized, but several days later, they began to drift lower. Though investors had no way of knowing it, the collapse had already begun

As the market floundered, financial leaders were as optimistic as ever, more so. Just five days before the crash, Thomas Lamont, acting head of the highly conservative Morgan Bank, wrote a letter to President Hoover. 'The future appears brilliant. Our securities are the most desirable in the world.'   Charles Mitchell of National City Bank assured nervous investors that things had never been better."

PBS American Experience, The Great Crash of 1929,  June 1999

"It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought."

John Kenneth Galbraith, The Affluent Society, 1958


There is a trip to the vet with the little one in my immediate future, so I am posting the charts now, and will update any changes to them tomorrow.

Today was an FOMC day, and the Fed did nothing with rates.  

The price the West is going to pay for the egos of a few self-absorbed, psychologically unbalanced leaders and their greedy, sociopathic followers is truly astonishing.  There is only one word for it. 

Madness. 

Have a pleasant evening. 


22 April 2026

Stocks and Precious Metals Charts - Waiting for the Hand of God

 

"Imaginary evil is romantic and varied; real evil is gloomy, monotonous, barren, boring.  Imaginary good is boring; real good is always new, marvelous, intoxicating. Evil when we are in its power is not felt as evil, but as a necessity, or even a duty.  Humanism was not wrong in thinking that truth, beauty, liberty, and equality are of infinite value, but was wrong in thinking that we can get them for ourselves, without grace.

The beautiful is the experiential proof that the incarnation is possible.  We must have faith that the universe is beautiful, and that it has a fullness of beauty in relation to each of the thinking beings that actually exist and of all those that are possible.  It is this very agreement of an infinity of perfect beauties that gives a transcendent character to the beauty of the world.

He is really present in this universal beauty.  The love of this beauty proceeds from God dwelling in our souls and goes out to God present in the universe.  The beauty of this world is Christ's tender smile coming to us through the material."

Simone Weil, Attente de Dieu, 1950

“They're talking about things of which they don't have the slightest understanding.  It's only because of their stupidity that they're able to be so sure of themselves.”

Franz Kafka, The Trial,  1915

“It is a serious thing to live in a society of possible gods and goddesses, to remember that the dullest most uninteresting person you can talk to may one day be a creature which, if you saw it now, you would be strongly tempted to worship, or else a horror and a corruption such as you now meet, if at all, only in a nightmare."

C.S. Lewis, The Weight of Glory, 1941

"Whenever I groan within myself and think how hard it is to keep writing about love in these times of tension and strife which may at any moment become for us all a time of terror, I think to myself, 'What else is the world interested in?'   What else do we all want, each one of us, except to love and be loved, in our families, in our work, in all our relationships. 

God is Love.  Love casts out fear.  Even the most ardent revolutionist, seeking to change the world, to overturn the tables of the money changers, is trying to make a world where it is easier for people to love, to stand in that relationship with each other of love.  We want with all our hearts to love, to be loved."

Dorothy Day, On Pilgrimage, The Catholic Worker, April 1948

"Myth wants power; revelation reveals the true power of God in the most extreme powerlessness.  Myth wants knowledge; the Word of God asks for constant faith and, only within that faith, a growing, reverent understanding. 

The revelation of God’s Word is gentle patience amidst the intractable tensions of life.  Error never shows itself in its naked reality.  It dresses elegantly, so that the unwary may be led to believe that it is more truthful than truth itself.”

Iraneus of Lyons, Adversus Haereses, 180 AD

"A church that doesn't provoke any crisis, a gospel that doesn't unsettle, a word of God that doesn't get under anyone's skin, a word of God that doesn't touch the real sin of the society in which it is being proclaimed — what gospel is that?  Very nice, pious considerations that don't bother anyone, that's the way many would like preaching to be.  Those preachers who avoid every thorny matter so as not to be harassed, so as not to have conflicts and difficulties, do not light up the world that they live in.”

Oscar Romero, Radio Sermon, 1 July 1979

Stocks rallied today on Trump's unilateral extension of the ceasefire with Iran until Sunday evening.

Coincidentally enough this is in time for a third carrier group to join the two already in place.

And so it was the usual post-Trump announcement, preceded by large bets hitting the oil futures markets I might add.

Gold and silver were pushed lower, and the Dollar rallied.

Stocks, at risk levels of historic imbalance, rallied to new highs.

This is confirmation for the waning of wretchedness, with their failing bodies and minds — faithless to the last.

I think we all know what is what.  We may be tempted to distract and even blind ourselves, but there is it.

Remember who you are, and what it will mean to remain standing until the end.

This is what is important, what this drama is all about. 

And not the raging of those dwindling into dust, with the fury of the fallen. 

Have a pleasant evening.

08 April 2026

Stocks and Precious Metals Charts - Humpty Trumpty

 

"'When I use a word,' Humpty Dumpty said, in rather a scornful tone, `it means just what I choose it to mean.'

`The question is,' said Alice, `whether you can make words mean so many different things.'

`The question is,' said Humpty Dumpty, `to be the master — that's all.'"

Lewis Carroll
"The current trend in the United States economy is not sustainable.  This is a realization that will penetrate the national consciousness slowly and unevenly.  Most economists agree on how this cycle will end (even if it is only privately), but the great debate is in the details of how, and most importantly, when.

If one does not accept that the situation is unsustainable, and believes that things can continue on endlessly just as they are, with the United States consuming the bulk of the world’s savings and production because of who we are, then perhaps this is symptomatic of the national epidemic we now suffer which the ancient Greeks called hubris.

'Where else will they put their surplus if not our debt?  To whom will they sell their goods if not to us?  Who will teach them how to live, and govern them?'  History shows that even if such trends last far beyond most expectations, eventually a day of reckoning arrives, in some frequently repeated patterns of systemic failure.

Things rarely reach a turning point when we expect it. A true sea change is slow to permeate the mentality of most people, because our experience is that what happened yesterday will happen again tomorrow, and a long cyclical turn occurs gradually and incrementally.  We forget what happened even a few years ago.  Predictions of a continuance of recent trends are the common currency of most pundits...

However, and this is a common sense notion that has been nearly forgotten by our generation, we have the ability to act in such a way so as to make the improbable more likely to occur, to tempt fate by our actions.  For example, there is a certain probability of sustaining an automobile accident in the normal course of our daily activities.  High risk behaviors, such as speeding excessively or drinking while driving, increase the chance of an accident.  If one engages in high risk activity, and nothing unusual happens, we become emboldened and think that since we were able to drink moderately and drive last month, so we can drink and drive this month and thereafter.  Perhaps next month we drink a little more for an indulgence, and again nothing happens.  This cycle continues until something changes our behavior, or simply ends when we literally hit the wall.

It would be our contention that the US is like such a driver, and we have been economically tempting fate with increasingly risky behaviors.  We are persuaded that there is almost nothing we cannot do, almost nothing that can happen, that is beyond our control.  It is the propensity for people to increase and repeat what they have been doing over time, to tempt fate through repeated and increasingly risky behavior, and to forget the possibility of a sequence of unfortunate events if you will, that gives rise to memorable events in history...

Predicting the failure of a complex system is not easy.  One can examine it as a whole, and determine that it will fail, and often calculate what must change in order to allow the system to function more reliably.  But it is often beyond our power to calculate exactly how it will fail, and consequently when it will fail.  This does not invalidate the observation that the system will ultimately fail.  It merely underscores the unpredictability of timing a failure with the degrees of freedom inherent in a calculation with a large number of exogenous variables.  It is not easy to predict exactly when a chronic DWI will demolish their automobile, but it remains relatively predictable to say that they will do so as long as they maintain
their current mode of behavior...

There are four major economic tipping points:

o Demand: a break in the level of consumption in the US caused by the
unwillingness or ability of households to incur further debt to support
consumption beyond real wage growth

o Supply: a major disruption in the supply of an essential commodity like
energy, food, or raw materials, or even the realization that a major
commodity is in shorter supply than expected, such as silver or oil.

o Monetary: an inability or unwillingness of foreign central banks to continue to
monetize the US trade deficit and budget deficit through the recycling of
their trade surplus into US debt securities.

o Systemic failure: the failure of major counter parties that threatens the
US financial system, particularly in the hugely leveraged derivatives
market.


There is still time to end this spiral of decline.

Jesse, Forecast: The Humpty Dumpty Economy, Jesse's Crossroads Cafe, 2005

"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 30:9-10

I thought today might be a good day to review an economic forecast for the US that made and posted on my old site, Jesse's Crossroads Cafe, on Yahoo Geocities in 2005.

Before you judge it too harshly try to remember what was happening in 2005, and what people were thinking.  The predominant opinion seemed to be a recovery, but with a virtually inevitable risk of deflation because of debt destruction.  

I did quite a bit of analysis and posting about the coming 'currency wars' and the nature of money in a fiat environment.  Most of it fell on deaf ears, because people don't listen except to quickly cobble together whatever ragtag rebuttal to support their own bias, laced with flourishes of pettiness.

The markets skyrocketed last night when Trump announced that a ceasefire and peace negotiations would be proceeding with Iran.   He neglected to include Netanyahu in those discussions, which were primarily driven by Pakistan and China, and not his brilliant negotiation.

Since Israel has a key role to play in making this ceasefire a reality, and since they have never honored any ceasefire in recent memory, the temptation to be skeptical is perhaps warranted. 

They are obviously polishing up J. D. Vance to be the next President, whenever that might be, but I can't help but thinking unless the Democrats pull out some rerun of past failure, which in itself is no long shot, then he might be a bit of a hard sell.  

I don't see much to make one enthusiastic, on either side of the aisle.  If Humpty Trumpty has a great fall, there are an ample number of humps eager to replace him.   And the jackals are gathering, even among his own. 

They lie, and admire their own lying.  It's their natural form of self-expression.  

So, will this ceasefire result in the opening of the Strait of Hormuz, and peace breaking out in Iran, Lebanon, and dare we hope, the West Bank and Gaza?

Can Trump finally stand up to Netanyahu, and put America's interests first?   

Let us pray and hope, as gentle as lambs, but as wary as the circumstances and past history would suggest.  And given the continuing attacks on Lebanon by Israel, it is already faltering.

"The pride of Satan is hard for us on earth to comprehend, and therefore it is easy to fall into error and to share in it, even imagining that we are doing something grand and fine."  Fyodor Dostoevsky, The Brothers Karamazov

In the long term things appear to be dismal for the US economy.  The damage that the Trump administration, and the administrations of the past several presidents, have been doing are taking a toll.

Gold and silver rallied sharply, and gold in particular was smacked back down.  The currency war is alive and well, and gold is a popular participant to the dismay of the Western Banks who have been allowing gold to move steadily to strong hands to the East.

The Dollar has fallen off a bit and is hanging out on the 98 handle.

Recession is underway in the US.  Trump has squandered a dwindling stock of precious resources on foolish adventures, and the debt is becoming a serious problem, moreso than in the past.  

Gradually, and then, alas, all at once is the likely outcome in this sort of unfettered mega-trend.

If we do get a break in the price of oil and its related products stock up, because while Netanyahu's coalition has sway in the Knesset, there will be no peace in the Middle East.   

And then there is Ukraine, and the failing leadership in Europe.  

It's a perfect storm of venal incompetency in the West it seems, and that is not promising.

I do not like most politicians in general.  Of course there are some glowing exceptions, but their halos fade quickly, as power tends to attract the unattractively corruptible.  But this current crop of shameless liars and self-serving ciphers in high office is daunting. 

Continue making your preparations and various arrangements during this lull in the storm. 

There is still some time to bring into effect meaningful reform, but the odds continue to deteriorate. 

Have a pleasant evening. 


02 April 2026

A Meditation for Holy Week - What Frightens Those Who Would Deny Him

 

“Simon, Simon, behold, Satan has demanded to sift all of you like wheat.  But I have prayed that your own faith may not fail.  And once you have returned to the faith, you must stand firm and strengthen your brothers.'  And Peter replied, 'Lord, I am ready to go with you to prison and to death.'  And Jesus said, 'Amen I say to you, before the cock crows, you will deny three times that you even know me.'”

Luke 22:31-32

The following essay has been edited for size.   A link to the original in Greek is in the title below.  A special thanks to my good and faithful friend Jason and his blessed family in Athens, and especially 'le grand seigneur'.  Αληθώς Ανέστη!

"Many times, people believe they understand what is happening around them, while in reality they only touch the shadows of things and miss reality itself.  We live in such an era today. 

Everyone expected that the next phase of a global confrontation would manifest itself with the familiar images of destruction, with explosions above our heads and frontal clashes that would fill the horizons with fire.  The assessment turned out to be wrong.  The new phase revealed itself to be much more complex, much more pervasive, much more quietly violent than we imagined.  It is not announced with marches, it is announced by banks, markets and headquarters.  It does not begin with general mobilization, it unfolds with energy sanctions, with disruptions in supply chains, with closed sea passages, with cyberattacks, with censorship, with psychological operations, with cultivated panic, with an everyday life that becomes more expensive, narrower, more suffocating every month.

People continue to believe, even now, that it is not a war, because they do not see missiles over their neighborhood, tanks in front of their door, military vehicles moving anxiously through the streets.  But when bread becomes more expensive, fuel becomes gold, electricity takes the form of a luxury, income evaporates and insecurity becomes normal, then peace has already been seriously damaged.  Then another war has already begun.

It is a war against societies. A war against the resilience of nations. A war against the soul of man.

The first great mistake of the era was that peace was identified with the absence of spectacular battles. This is a childish and at the same time tragic mistake. Peace means a life that does not bend under fear, economic exhaustion, spiritual confusion and political coercion. When entire societies are led step by step into insecurity, when peoples get used to accepting the unnatural as natural, when poverty is baptized as “transition”, when deprivation is presented as “resilience”, when obedience is described as “responsibility”, then we are faced with a new form of total war that is waged with costumes, screens, algorithms, loans and press releases. 

People feel that something huge is approaching, while they have difficulty describing it in the old forms. They feel it as a weight in the atmosphere, as a constant tightening, as a global storm that has not yet fully erupted, yet has already darkened the sky.

The worst part is that most people have learned to see the phenomenon and miss the essence. They see oil prices rising, gasoline becoming hoarse again, energy putting pressure on households and businesses. What escapes them is that the energy shock goes far beyond a simple economic event. It is a political tool, a geopolitical weapon, a mechanism for rearranging societies.

When energy surges, it is not only the consumer who is affected. The entire social pyramid is reorganized. The small bends first, the medium is squeezed, the large endures or buys out its exhausted competitor at a bargain price. The same happens with states. The strong absorb part of the shock, the weak drown. This is how the so-called “natural selection” of markets works, which in reality constitutes a violent redistribution of power on the suffering of the people.

That is why the present crisis cannot be read only in terms of the stock market or diplomacy. It also needs to be read as a spiritual symptom of the times. Modern man, especially the Western man, has been trained to treat History as a matter of systems, strategies, interests and technology. He has distanced himself from any theological reading of the historical drama and has come to consider such an approach dangerous, outdated or unscientific. This is precisely where the drama of recent centuries lies. Societies have learned to describe mechanisms, but they have lost the ability to recognize the spiritual matrix of events.

 Behind the geopolitical arrogance of the powerful there always stands a deep spiritual blindness.  Behind every imperial hubris lurks the illusion that man can take the place of God.  When an era believes it can redesign man, gender, family, nation, memory, language, religion, currency, the body, and ultimately life itself, then the crisis goes far beyond politics.  Then we are faced with a spiritual rebellion.

This rebellion has become the very atmosphere of our time. It is the arrogance of postmodern man who rejects all obedience and demands total control. It is the worship of technology without morality, economy without homeland, politics without truth, information without shame, freedom without responsibility, science without humility.  It is the man who demands that even his own downfall be recognized as a new humanism.

And in this atmosphere, when crises break out, the modern world wonders why everything seems increasingly out of control.  And yet, a society that systematically removes God from the center of its life is itself preparing the disruption of all balance.

The saints of Orthodoxy spoke of wars as the fruit of apostasy, the arrogance of the powerful, the accumulating injustice, the sin that demands correction, the pedagogical permission of God when peoples and rulers persist in a course of hubris.

And yet, most people are still waiting for traditional war to realize that they are already living in a much more insidious war regime.  For years, Western societies have been sustained by borrowing, by monetary expansion, by artificial abundance, by asset bubbles, by the illusion that consumption can continue indefinitely without moral and metaphysical cost.  Now this illusion is coming head-on to the limits of reality.

The debt is gigantic, interest rates are pressing, energy is becoming more expensive, the productive base of many Western societies has weakened, social cohesion has eroded, people are tired. In such a landscape, a major energy shock or a prolonged geopolitical conflagration does not function as a simple crisis. It functions as a catalyst for stripping. It exposes the shabby edifice.

The bankruptcy of our time rarely appears first in government budgets. It appears in the refrigerator at home, in the gas station, in the electricity bill, in the lockout of a small business, in the anguish of a family that works nonstop and still can't make ends meet. It is the bankruptcy of the middle class, the bankruptcy of normal life, the bankruptcy of the very sense of security.

And then the most insidious stage begins. Those who manage the crisis or exploit it turn the disruption into a means of deeper control. They invoke the emergency to demand more powers, the threat to impose greater surveillance, the instability to install more suffocating technocratic centralism. Thus the war acquires an internal front. It becomes a war to reshape societies themselves.

The powers of our time are not content with simple governance. They seek worship. They want to decide who will live, who will buy, who will speak, who will be considered legitimate, who will be excluded. The modern technocratic world is moving dangerously in this direction. It wants to manage man as an object, to reprogram him, to shape consciousnesses, desires, fears and choices, to construct a man without memory, without roots, without God, without homeland, without resistance, without metaphysical stature, a man who is easy to use, digitally controllable, diminished.

Today's world war, this strange, modernized, multi-layered war that does not resemble the images of our cinematic reflexes, needs to be read as something much more than an international crisis.  It is also a spiritual mirror.  It shows what happened to man when he removed God from the center of his life and put money, power, technology and desire in His place.  It shows what happened to states when they forgot justice and believed only in management.  It shows what happened to societies when they got used to living with lies as long as they maintained a semblance of comfort.

The conclusion can be stated clearly.  The world is entering a great conflict, and this conflict takes forms that are economic and military, technological and spiritual, energetic and metaphysical, external and internal together.  Peoples will be hard pressed by uncertainty, uncertainty, decay and fear.  Debt and prices can be transformed into weapons equivalent to missiles.  But the deeper question is not limited to how long the world economy will endure.  It is judged by how long the human soul will endure without truth, without repentance, without God.

That is precisely where our era is being tested, not only in the headquarters, in the naval passages, in the stock exchanges and in the undergrounds of the secret services, but also in the hearts of people.  There it will be seen who worshiped the lie and who kept the spark of freedom alive within him.  There it will be seen whether man will accept becoming a number or whether he will remember that he is a person.  There it will be seen whether nations will finally bow down or whether through the test they will rediscover their lost center.

Because in the end, no matter how much the powerful rant, no matter how much empires may threaten, no matter how much the beasts of History rage, the final say does not belong to oil, debt, fear, or the merchants of war.  The final say belongs to God.  And that is what frightens those who have tried to deny Him the most.

Dimitris Sotiriou, The invisible face of war, Prime News, March 24, 2026

25 March 2026

Stocks and Precious Metals Charts - Nothing Stands Between Them and Tears

 

"Such unsustainable arrangements are backed by force and fraud.  And as the fraud loses its power over time, force must increase, until there is an end in genuine reform, or eventual self-destruction."

Jesse, Credibility Trap, 24 August 2012

"Those who have force on loan from fate count on it too much and are destroyed.  But at the time their own destruction seems impossible to them.  For they do not see that the force in their possession is only a limited quantity; nor do they see their relations with other human beings as a kind of balance between unequal amounts of force.

Since other people do not impose on their movements that halt, that interval of hesitation, wherein lies all our consideration for our brothers in humanity, they conclude that destiny has given complete license to them, and none at all to their inferiors.

And at this point they exceed the measure of the force that is actually at their disposal.  Inevitably they exceed it, since they are not aware that it is limited.  And now we see them committed irretrievably to chance; suddenly things cease to obey them.  Sometimes chance is kind to them, sometimes cruel.  But in any case there they are, exposed, open to misfortune; gone is the armor of power that formerly protected their naked souls; nothing, no shield, stands between them and tears."

Simone Weil, L'Iliade ou le poème de la force, 1939

"The lie is comfortable, an illusion easy to live with, familiar, and safe."

Jesse, Elite in the Grip of Fear, Fraud, and Denial, 16 May 2010

“Prepare for great battles.  Know that you are now on a great stage where all heaven and earth are watching you.  Before I come as a just Judge, I will first open wide the door of My mercy.”

Maria Faustina Kowalska, Divine Mercy in My Soul, Kraków 1938


Stock futures were jammed higher in the quiet overnight trading once again. 

This is all a part of the 'public relations' campaign being spun by the Trump Administration.

His minions have pointed to the "50,000 Dow" often enough to know this is one of their fig leafs covering a failing economy and administration.

Gold and silver  bounced around, gaining quite a bit in the overseas, overnight trading, and then being whittled down in the NY trading hours.

All is well, don't you know.

The economic data was inflationary.

VIX ticked lower, because all is well, you know.

Bitcoin is stuck on the wash and rinse cycle.

If the smart money is not slowly exiting from this 'asset' I will be surprised. 

Despite the circuses and illusions, nothing has changed in the fundamentals of risk and the markets.  

Not one thing.  Stocks and the economy are cooked, and the rest of the world is finding a refuge in non-Dollar dependent assets. 

Trump is moving troops towards Iran every day.   This talk of peace seems to be the usual scam.  

Netanyahu will not countenance anything but the reduction of Iran to a broken state.  And Iran is rather keen for eliminating what they now perceive as an existential threat.

And everyone has forgotten all about Ukraine, and the horrendous Epstein scandals.

We are coming up on an option expiration on the Comex this Thursday, more for gold than silver.

And next week is Holy Week.

I still remember a Palm Sunday, many years ago in Zermatt.  We woke up early, as the low hanging, dense cloud cover from the night we arrived had dissipated.  And we watched the sun lighting the top of the Matterhorn.

The air was crisp and very cold, and there was singing as people were exiting the local church, carrying the branches of evergreens.

Some are happy that Trump's approval rating is 'down' to only 35%.   All things considered, after all that has been revealed, I am shocked that it is so high.

There is a sickness in the body politic that has been growing steadily for some time.

"Pride is spiritual cancer: it eats up the very possibility of love, or contentment, or even common sense.”    C. S. Lewis, Mere Christianity

What are we becoming. 

Have a pleasant evening. 

24 March 2026

Stocks and Precious Metals Charts - Dead Money Devoid of Greatness

 

"The truly savage and frenetic part of New York, the terrible, cold, cruel part, is Wall Street. Rivers of gold flow there from all over the earth, and death comes with it. There, as nowhere else, you feel a total absence of the spirit: herds of men who cannot count past three, herds more who cannot get past six, scorn for pure science and demoniacal respect for the present. And the terrible thing is that the crowd that fills this street believes that the world will always be the same, that it is their duty to keep that huge machine running, day and night, forever.

I was lucky enough to see with my own eyes the recent stock-market crash, where they lost several billion dollars, a rabble of dead money that went sliding off into the sea.  Never as then, amid suicides, hysteria, and groups of fainting people, have I felt the sensation of real death, death without hope, death that is nothing but rottenness, for the spectacle was terrifying but devoid of greatness.  I felt something like a divine urge to bombard that whole canyon of shadow, where ambulances collected suicides whose hands were full of rings."

Federico Garcia Lorca, A Poet In New York, October 1929

"The inability to identify with others was unquestionably the most important psychological condition for the fact that something like Auschwitz could have occurred in the midst of more or less civilized and innocent people. What is called 'fellow traveling' (enabling and collaboration) was primarily a commercial interest: one pursues one’s own advantage before all else and, simply not to endanger oneself, does not talk too much. That is a general law of the status quo.

The coldness of a society of the isolated competitor was the precondition as indifference to the fate of others. Regressive tendencies, that is, people with repressed sadistic traits, are produced everywhere today by the global evolution of society. Everywhere where it is mutilated, consciousness is reflected back in an unfree form that tends toward violence. One of the greatest impulses of Christianity, not immediately identical with its dogma, was to eradicate the coldness that permeates everything. But this attempt failed; surely because it did not reach into the societal order that produces and reproduces that coldness."

Theodore Adorno, neo-Marxist philosopher, Erziehung nach Auschwitz, 1966

"Humanism was not wrong in thinking that truth, beauty, liberty, and equality are of infinite value, but it was wrong in thinking that we can get them for ourselves without grace."

Simone Weil, La Pesanteur et la grâce, posthume 1947


In trying to follow God's will, we all overcomplicate our part. It is not a bad thing, just a thing that we do in day to day life as 'problem solvers' that gets in the way of serving a higher power. It is a matter shifting gears from one thing to another. The mix between faith and free will is a life long study.

Don't get discouraged about the 'what' and think more about the 'how.' Start with doing little things, but with great love for His sake in faith and gratitude, and keep going.

As the apostle John himself said around 100 AD, as related by the father of the church Origen of Alexandria in the second century and picked up by Jerome in the 4th century:
The blessed John the Evangelist lived in Ephesus until extreme old age. His disciples could barely carry him to church and he could not muster the voice to speak many words. During individual gatherings he usually said nothing but, 'Little children, love one another.'

The disciples and brothers in attendance, annoyed because they always heard the same words, finally said, 'Teacher, why do you always say this?' He replied with a line worthy of John: 'Because it is the Lord's commandment, and if it alone is kept, it is sufficient.'"

Jerome, Commentary on Galatians, 4th century

Could this be any more simple and clear? You are most likely not here to build a monument, or a lead a great crusade, or gain and acclaim. Not a Saint with a capital 'S'. If you are then God will let you know. But you are commanded to live each moment with God's grace, and do ordinary, simple things but with great love.

I have been at this for about thirty years now in a focused way.  I asked God to show me all my sins so I may be sorry for them now, and not later on. And he is still at it, feeding them to me little by little as I can accept the knowledge and learn from it. 

A notable 'Someone', whom I admire very much, read my work that had been shared by a friend, and recently asked me 'what have you done, that I must be someone.'  And I said no, I am just a man, and not a particularly good one.  And that was it.  

I am obscure, by God's great kindness and tender mercy. I have had my fifteen minutes, and it is hollow and a snare.  If I do any good it is hidden from me.  I struggle, every day, to have ill will towards no one, to perform little acts of kindness for all God's creatures with little thanks, and pray for the salvation of even the most vexing and offensive of sinners to extinguish any anger that creeps in the heart.

I am just one among many.  I diminish with age. And I accept it.  And I am grateful for all I have.  Having lost much, now I can see them more clearly.  

And I am slowly beginning to understand His mercy.  Little things, but with great love. And that is enough. 

Stocks flopped today after the insider trading exercise yesterday announcing a phony truce.

Iran is not going to settle, except for strong internationally backed guarantees.  Why would they?  Would you?

Gold and silver were smacked around a little more, with gold taking the brunt of it with its April contract options coming due on the 26th.

The Dollar is hanging around the mid 99 handle.  The DXY index is so heavily weighted to the Euro that the failing leadership of the European Union is making it look better than it is.

VIX looks like it might be coiling here.

Bitcoin is obviously locked into a trading range since the beginning of February.   Take a look at the chart below if you don't know this.  They are just moving Bitcoin around the plate trying to skin specs and daytraders.

If the market crashes, Bitcoin is going down for the count, and unlike gold and silver I don't see how it is going to come back without official help.

Trump's 'Five Day Pause' expires after the market close on Friday.  US has troops moving into position. 

Draw your own conclusions and take it from there

The Trump Administration is dancing on a volcano.   One leg is on Iran, and the other leg is on the Ukraine.

Madness. 

Have a pleasant evening.