Gold Daily and Silver Weekly Charts - It Is Not About the Debt, But About Power and Obedience

"This nation is getting remarkably adept at turning its less affluent citizens upside down and shaking them, until literally every single cent falls out of their pockets.  And then it induces them to take on debt so they can be shaken down some more."

Malcom McMichael

"There is a certain irony to Europe starting to worry that austerity is hurting Greece's economy. For years, Europe's leaders have insisted Greece cut deficits in exchange for concessions. Greece's economy has already shrunk 25 percent, and it is having trouble honoring its obligations in part because it has had so much austerity."

Matt O'Brien, Europe Is Destroying Greece's Economy For No Reason At All

As we saw today, the celebrations about the 'capitulation' of Greece were premature to say the least, if not fabricated almost entirely in the case of the financial markets.

 

The amateurs may have gotten carried away by their own theories and predictions but the professionals in the markets and the media certainly knew better.

Greece offered what they labeled 'harsh cuts' for themselves, and crossed some mythical 'red lines.' And I think in sum they put most of the money up.  Whether they would have stuck with it is another matter entirely. 

But what people forget is that as it is now the EU is no longer about money.  It is all about power, and the gathering of more of that power for a central authority, and above all, obedience.    If it were about money, and bailing out their Banks which has largely been done, it would be over already. 

 

Greece is being made an example of for the benefit of the others.  And the liberal use of propaganda and financial terrorism, the stirring the emotions of the people against the Greeks by portraying them falsely, calls to mind, and may even be the prelude to the same sorts of crimes that haunted the twentieth century. 

 

And I would hope that the non-Europeans will take no comfort in this, because these same sorts of arguments and oppression are being used in our own places every day.  We cannot afford to pay these people a living wage.  We cannot provide adequate healthcare to everyone.  We cannot treat everyone the same in the legal system and afford them equal protection under the law.  We cannot afford to treat the mentally ill and the disabled humanely, so let us just throw them on the streets to fend for themselves.   It is too complex, too costly.  Let the markets sort them out.  Our new god will judge.

The Greek debt crisis is about money to the same extent that Germany claiming Czechoslovakia was about protecting native Germans, or the invasion of Iraq was about preventing the use of their weapons of mass destruction.  

 

These are blatant acts of will, the will to power. 

The manipulation of the gold and silver markets this week is mostly about skinning anyone foolish enough to have purchased option calls on the Comex. Given the balance of calls at about 1180 to 1220 coming into this week at 1200, I would say things went pretty much according to plan.

Who in the heck is still giving The Bucket Shop their money?  Because, as the old joke goes, it is the only game in town?

 

The Pope caused a fuss by saying that Christians who invest in the making and selling of armaments to wage aggressive war are hypocrites.  And that financial repression and fraud are the result of setting a love of money over the love of our neighbor.

 

The corporatists and their enablers do not want to hear about that.  The markets are their new gods.  It is never really the money, but the power and the willful pride to it.

 

So too are the hypocrites who make their money by knowingly participating in these control frauds and con games, even if they might say that they are just along for the ride. 

 

They did not mug that innocent traveler or stranger.   They just went through his or her pockets after the fact, they just fenced their property.  They just made a bet on whether the victim would receive a broken arm or a concussion.   All while saying and doing nothing to help.  As Czeslaw Milosz said, 'A true opium of the people is the huge solace of thinking that for our betrayals, greed, cowardice, murders we are not going to be judged.'  

 

And this will end badly, for many.  And especially for those who believe they are winning, again. 

 

The times they are a changing.  But not nearly fast or soon enough. And so history repeats.

Have a pleasant evening.

 

 

SP 500 and NDX Futures Daily Charts - Whoops, There Goes the Greek Agreement, and the VIX

It appears that the rally celebrating the capitulation of Greece and the settling of the debt crisis was about as premature as The Recovery™.

Perhaps we will have to start calling it The Eurozone™, since it is as equally mythical and at the same time diabolically odious, merely an instrument of theft and oppression under false pretenses of growth and prosperity.

Have a pleasant evening.

 

 

 

 

 

Remember These Words For the Time to Come

"Beware of false prophets, who come to you in sheep’s clothing, but inwardly are ravenous wolves.  You will know them by their fruits.  Grapes are not gathered from thorn bushes, nor figs from thistles."

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, unless they relent from their folly, and thereby condemn themselves.
 

For all the people of God, love is the touchstone of our faith, the way to know if what we believe is with Him, or with something else; if we are walking with Him, or with something else; if the one who speaks is speaking for Him, or for something else; if we are keeping Him in our hearts, or something else; if we love Him, or ourselves, or something else.

Love does not speak with hate or fear or derision, but with a fullness of existence.  And that love is ridiculed and trampled, and can only be counterfeited but never achieved, by that which is opposed to His creation.

When you are in doubt or confusion about what is true and what is false, look for the light of love.  This is the hallmark of the spirit.   And if it is not there, if it is wrapped in the hardness of pride disguised even as an elaborate ritual observance and pharisaical pride, then you will know what it truly is.  It is a sin against the spirit. 

Love is not easy; it is not a natural state. It seems weak and foolish, and even despicable to the fallen and the world. 

It is a disposition of the mind and the heart, and an act of acceptance of grace not by but through the will. It is a shield against temptation. It is a habit of acting and looking at things, that can become easier and more comfortable as we carry that yoke or restraint on our weaker nature and our harsher emotions. Over time that yoke becomes lighter, and a light to steady us in life's darker moments.

 

But it is rarely easy or natural, which makes it the stuff of the brave, of the spiritually and emotionally hardy, of God's knights.  The way of the world, of anger and oppression, is the easy path not of the truly human, but of darker things.

 

So we must remember we are sinners, but reaching out to the eternal, and thereby attempting great things, if but clumsily and with a number falls like the apostle himself.

This is how the people of God may guide themselves and their own actions along the way. If there is no love evident in the words and the heart, then the words and the actions are not of God, but of something else.

Love is not what we do, but how we do what we do. Love is found in the most ordinary things, not in grand gestures and elaborate mannerisms, but in the small daily acts of kindness and fellowship, done lovingly and with care, for His sake.   It is how we carry our cross, not in front of a cheering crowd, but in the quiet moments, and the little things, while walking with Him.

We do not need to hate and reject the world, and despise and subdue His creation. They are a gift from God, to which we bring our own good use and order in His name.  And if we are wise, with our reverent wonder. We can work with His gifts lovingly, and not abuse them from excess and greed.

 

It is not the world that is a source of evil, but the willfulness of our hearts, made hard with pride. Only love is creative and productive.  Only love is accepting and uplifting, able to bring all things forward to His plan and make them new.  Love consecrates, while sin desecrates and destroys in its lust for possession and the will to power.

Obviously this law of love is applicable to all people, but is addressed particularly here to those who hearts have been already touched, in a time of spiritual wickedness, and dark powers in high places. 

 

God is the essence of all existence, which is His love.  The pity for those who would otherwise be faithful, then, is not to love.

"If I speak in the tongues of mortals and of angels, but do not have love, I am a noisy gong or a clanging cymbal. And if I have prophetic powers, and understand all mysteries and all knowledge, and if I have all faith, so as to move mountains, but do not have love, I am nothing. If I give away all my possessions, and if I hand over my body so that I may boast, but do not have love, I gain nothing.

Love is patient; love is kind; love is not envious or boastful or arrogant or rude. It does not insist on its own way; it is not irritable or resentful; it does not rejoice in wrongdoing, but rejoices in the truth. It bears all things, believes all things, hopes all things, endures all things.

Love never ends. But as for prophecies, they will come to an end; as for tongues, they will cease; as for knowledge, it will come to an end. For we know only in part, and we prophesy only in part; but when the fullness comes, the partial will come to an end.

When I was a child, I spoke like a child, I thought like a child, I reasoned like a child; when I became an adult, I put an end to childish ways. For now we see in a mirror, dimly, but then we will see face to face. Now I know only in part; then I will know fully, even as I have been fully known. And now faith, hope, and love abide, these three; and the greatest of these is love."