Sunday Evening: Fortuna, Imperatrix Mundi

Fortune, Ruler of the World

From Carmina Burana, By Carl Orff, Germany, 1936



The Wheel of Fortune:
I shall reign, I reign, I have reigned, I am without a realm

English translation of the Latin lyrics

O Fortune,
like the moon
you are changeable,
ever waxing and waning;
a despised life
first oppresses
and then soothes
as fancy takes it;
poverty and power
it melts them like ice.

Fate – monstrous and empty,
you whirling wheel,
you are malevolent,
well-being is vanity
and always fades to nothing,
shadowed and veiled
you plague me too;
now through the game
I bring my naked self
to your villainy.

Fate is against me
in health
and virtue,
driven on
and weighted down,
always enslaved.
So at this hour
without delay
pluck the vibrating strings;
since Fate
strikes down the mighty,
everyone mourn with me!

Bill Moyers and Trevor Potter On Big Money's Election Effect

Gold Daily and Silver Weekly Charts - Trading Places, Gilded Rage

Coiling, coiling, coiling for a move...

Much of this selling in stocks and also in the precious metals appears to be tax related, and highly artificial. I would not call it panic, but let's just say that it is not based on fundamentals, especially with regard to market supply and demand in 'real things.'  The valuation of paper is another thing altogether.

I think the election has unhinged financial television. They seem to be off in some alternative reality where they are gripped by a fear of an imminent pigmageddon. 

Gold and silver look like a good long term place to store some provisions.

See you Sunday evening.