26 March 2025

Stocks and Precious Metals Charts - Their God Who Is Unloving and Vile

 

"God will invade.  But I wonder whether people who ask God to interfere openly and directly in our world quite realize what it will be like when He does.  When that happens, it is the end of the world.  When the author walks on to the stage the play is over.  

God is going to invade, all right: but what is the good of saying you are on His side then, when you see the whole natural universe melting away like a dream and something else - something it never entered your head to conceive - comes crashing in; something so beautiful to some of us and so terrible to others that none of us will have any choice left?  For this time, it will be God without disguise; something so overwhelming that it will strike either irresistible love or irresistible horror into every creature.  It will be too late then to choose your side."

C. S. Lewis, Mere Christianity, 1944

"It is blasphemy to separate oneself from the earth and look down on it like a god. It is more than blasphemy; it is dangerous.  We can never be gods, after all — but we can become something less than human with frightening ease.”

N. K. Jemisin, The Hundred Thousand Kingdoms

"As everything in what used to be called creation becomes a commodity, human beings begin to look at one another, and at themselves, in a funny way, and they see price tags. There was a time when people spoke, at least occasionally, of 'inherent worth'— if not of things, then at least of persons.   It is sometimes said that since everything is for sale under the rule of The Market, nothing is sacred.  The Market is not omnipotent— yet.  But the process is under way and it is gaining momentum.

The Market is becoming more like the Yahweh of the Old Testament—not just one superior deity contending with others but the Supreme Deity, the only true God, whose reign must now be universally accepted and who allows for no rivals."

Harvey Cox, The Market as God, March 1999

"A true opium of the people is the belief in nothingness after death, the huge solace, the huge comfort of thinking that for our betrayals, our greed, our cowardice, our murders, we are not going to be judged.”

Czeslaw Milosz, Discreet Charm of Nihilism

“The truth is that we were so spiritually and morally bankrupt that we could not even see some of those lines: we stepped over them blindly.  Other times we saw the lines alright, but we wanted to cross them.  It wasn’t God who was dead.  We were."

Ray A., Practice These Principles

 

To whom does our Lord address his stories of how people reduce themselves to beasts, and damn themselves to the abyss, for so little.

Not the person whom one consider a deviant, a lowlife, less than human, some dirty foreigner, a heathen like the Pharisee thought in the temple, while looking with the hypocrisy and the delusional self-righteousness of pride at the tax collector, who was repenting of his sins..

This is a good time of year to step back, and try to look at ourselves as we are.  And not to presume on a father whom we have come to feel free to use and abuse for our own purposes, as we would like to do to everyone else.

The hour grows short.   And then we will see things as they are, and not as our vanity imagines them.

Stocks were slumping today as expected.   This is classic bubble 'wash and rinse' action.

Gold and silver held up much better than we might have expected.   

But those holding new contracts often get a 'gut check' on the next trading day, depending on how the thrashing of the market had gone.

VIX popped higher, as is the usual thing when it hits that lower moving average.

Hate is hate, anger is anger, greed is greed, and murder is murder, despite the lies we tell ourselves, and hold close to our hearts.

“You cannot play with the animal in you without becoming wholly animal, play with falsehood without forfeiting your right to truth, play with cruelty without losing your sensitivity of mind. Your cravings as a human animal do not become a prayer just because it is God whom you ask to attend to them. God does not die on the day when we cease to believe in a personal deity. But we die on the day when our lives cease to be illumined by the steady radiance, renewed daily, of a wonder the source of which is beyond all reason."   Dag Hammarskjöld, Markings, 1963
And there is no more certain outcome, more inevitable than for each of us, than when we will face our God without disguise; something so overwhelming that it will strike either irresistible love or irresistible horror into every one of his creatures.   

And then we will see the strength and quality of our presumptions, and the vain imaginings, which god it is that we have served.  The God who is love, or the god of our hardened hearts.

Have a pleasant evening.

25 March 2025

Stocks and Precious Metals Charts - Hidden in Plain Sight - The Interests of Empire

 

"We have no eternal allies, and we have no perpetual enemies.  Our interests are eternal and perpetual, and those interests it is our duty to follow."

Lord Palmerston, speech, House of Commons, 1 March 1848

"On Tuesday following the [1987] crash, with the futures market indicating a significantly lower open, Alan Greenspan and the Fed came in buying SP 500 futures in order to turn the markets around. And it worked. And it continued, with the Fed supporting the equity markets with jawboning, persuasion, and occasionally direct intervention, so that by the end of the year all was well with the markets. On the advice of his financial advisors, President Reagan formed The Working Group on Financial Markets (colloquially referred to as the Plunge Protection Team) was created by Executive Order 12631, signed on March 18, 1988. And thus came the era of bubble-nomics."

Jesse, All Is Well: 1987 and It's Consequences, October 19, 2017

The Working Group On Financial Markets consists of:
  • The Secretary of the Treasury, or his or her designee (as Chairperson of the Working Group);
  • The Chairperson of the Board of Governors of the Federal Reserve System, or his or her designee;
  • The Chairperson of the Securities and Exchange Commission, or his or her designee; and
  • The Chairperson of the Commodity Futures Trading Commission, or his or her designee.
Wikipedia, Working Group on Financial Markets

Washington: The Trump administration is arranging a phone call on Monday with top regulators to discuss financial markets amid a rout on Wall Street. Treasury Secretary Steven Mnuchin will host the call with the president's Working Group on Financial Markets, known colloquially as the 'Plunge Protection team.'

Jason Lange, 'Plunge Protection Team' to convene amid Wall Street rout, Reuters, December 24, 2018

"We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the gold price under control but we have now succeeded. The US Fed was very active in getting the gold price down. So was the U.K."

Edward George, Governor Bank of England 1993-2003, from Reg Howe v. BIS, JPM et al.


Stocks were in rally risk on mode today, with the big cap tech bubbles leading the way.  The broader market was just so-so.
 
VIX has fallen now to the area which, like a low barometer reading, suggests some stormy weather may be heading our way.
 
Gold and silver rallied higher, but were pressed a bit into the close.
 
Tomorrow is an option expiration for precious metals futures on the Comex.
 
Shenanigans are usually expected, either tomorrow or the day after.   Or both.
 
Bear in mind that the wiseguys not only see what each other are doing, and will signal their intentions in various ways to the lesser denizens of the pits, but they also are able to see in the aggregate what you are holding in your hand.
 
It does matter.  And that's why they don't let you see it, but pay well for their own ability to watch the order flows and reconstruct relative positions.
 
Yeah, it's not fair.   That's the point.  And its very confusing to 'bull market geniuses'.
 
So let's see how the next couple of days go.  I think a drop in stocks is in the wind, as well as a gut check for the precious metals.
 
But timing these sorts of things for those who are playing the game according to 'the rules'.
 
Empires and the powerful do not have friends, or allies, or favorites.   
 
Those who worship money and power have abiding interests of their own.  And you are not one of them.
 
But there is One who loves you, as you would love yourself, if you were wise..
 
Have a pleasant evening. 

24 March 2025

Stocks and Precious Metals Charts - Their Perfect Possession - Comex Expiration

 

“Once they’re in power, narcissists consolidate their position by firing everyone who challenges them. In their place rise a plague of toadies, opportunists, and enablers equally guided by self-interest and short on scruples. So you end up with these individualistic cultures with no teamwork and low integrity.

True narcissists are self-serving and lack integrity. They believe they’re superior and thus not subject to the same rules and norms. Studies show they’re more likely to act dishonestly to achieve their ends. They know they’re lying, and it doesn’t bother them. They don’t feel shame. These people aren’t going to change."

Charles A. O’Reilly, as quoted in How Narcissistic Leaders Destroy from Within, Stanford Business School, April 30, 2020

“The greatest evil is not done now in sordid dens of crime. It is not even done in concentration camps and labor camps. In those we see its final result. But it is conceived and ordered in clear, carpeted, warmed, and well-lighted offices by quiet men, with white collars and cut fingernails and smooth-shaven cheeks, who do not need to raise their voice.

The surest 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, 1942

"Love does not make you weak, because it is the source of all strength— but it makes you see the nothingness of the illusory strength on which you depended before you knew it."

Léon Bloy

"Nor will love be seen coming from the hearts of those who are fallen into wickedness: they are the fruit of hate, deceit, greed, fear, pride, possession, and aggression. And they will not only forsake love by washing their hands of it, they will eventually come to condemn it, and persecute it— and thereby condemn themselves."

Jesse, Love is the Refuge of the Way, 24 June 2017

"We live in a world where love itself is condemned.  People call it weakness, something to grow out of. Some are saying: 'let each one become as strong as he can, and let the weak perish.'  The neo-paganism [of the Nazis] may well cast-off love but, in spite of everything, history teaches us that we shall be the victors over this.  Do not yield to hatred.  We are here in a dark tunnel, but we have to go on.  At the end, an eternal light is shining for us.  We shall not forsake love."

Titus Brandsma, Statement, Dachau, 26 July 1942

"The demon's target is not the possessed; it is us the observers.. everyone in this house. I think the point is to make us despair..to reject our humanity: to see ourselves as ultimately bestial, vile and putrescent; without dignity; ugly; unworthy."

William Peter Blatty, The Exorcist, May 1971


It was risk on today.

Stocks rallied, gapping up at the open, and going out near the highs.

The VIX fell.

The Dollar rallied a bit to take back the 104 handle.

Gold and silver suffered some further weakness.

There will be an April futures contract option expiration for precious metals on the Comex on Wednesday the 26th.

We should be ashamed of what we are becoming.  

It puzzles us that there are many ardent believers in what is the worst in us, yielding to hate, anger, and greed.

How easily it is for the proud to fall, gradually into the abyss, according to that infernal plan.

We shall see the gradual downfall of nations to the unthinkable, one by one after another.

Repentance, forgiveness, thankfulness.   These are our three great gifts.

Have a pleasant evening.

21 March 2025

Stocks and Precious Metals Charts - They Lie and Worship Their Own Lying

 

"To be a sophisticate in the 21st century requires the ability to shut one's eyes and one's mind to anything that one does not want to see or think about. The more glaring that the contradiction between what is said and what is done becomes, the harder it is to remain sophisticated. The tragedy is that the only alternative, that of becoming an independent thinker, is looked upon as more terrifying than to go on pretending to be deaf, dumb and blind."

Bill Buckler, The Privateer, 2012

"Sin has many tools, but a lie is the handle which fits them all."

Edmund Burke

“What they were doing was unconstitutional.  Sometimes I worry that people take the oath of office or the oath to the Constitution, and it’s just a set of words that mean nothing.  They really don’t feel in their heart the weight of those words.  They [federal agents deployed by Trump] came out in this phalanx, running, and then they plowed into a bunch of protesters in the intersection of the street and knocked them over. 

They came out to fight.  I took a couple steps back, straightened up, and then just stood my ground right there, arms down by my side.  They are thugs and goons.  I couldn’t recognize anything tactically that they were attempting to do that was even remotely related to crowd control.  It looked to me like a gang of guys with sticks.  I’m not a redwood tree.  I’m an overweight 53-year-old man.”

Christopher David, Navy veteran and peaceful protester, Portland, Oregon, July 2020

"You are of your father the devil, and your will is to fulfill your father's desires. He was a murderer from the beginning, and does not stand with the truth, because there is no truth in him. When he lies, he speaks from his own character— for he is a liar and the father of lies."

John 8:44


Another typical stock option triple witch expiration today.

Gold and silver were slammed hard in the opening hour.

Stocks slumped, but were brought back to life into the close.   Nearly unchanged.

The Dollar ticked higher a bit.

VIX declined.

Robbery, rape and murder en masse are the marks of those who worship power above all.

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

Have a pleasant weekend.