Stocks and Precious Metals Charts - Angels of Death - And What Rough Beast

Quadraro, The Death of Justice

"If modernity is characterized by a loss of the sense of the real, this fact is connected to what has happened to money in the twentieth century. Everything threatens to become unreal once money ceases to be real.

Money is one of the primary measures of value in any society, perhaps the primary one, the principal repository of value. As such, money is a central source of stability, continuity, and cohesion in any community. Hence to tamper with the basic money supply is to tamper with a community’s sense of value."

Paul Cantor, Literature and the Economics of Liberty


"One of the most nefarious consequences of dishonest money is to destroy our ability and willingness to act responsibly in the light of our own judgments.   It has led us to replace common sense by compliance.  We have substituted the law for what is moral and what is right.  We have substituted audit checklists for an auditor’s judgment about what is true and fair.   And we have substituted phony mathematics for the judgment we once possessed in understanding the nature of value and that of risk."

Anthony Deden, Investment Value in an Age of Booms and Busts


"Advanced forms of biological warfare that can 'target' specific genotypes may transform biological warfare from the realm of terror to a politically useful tool."

Project for a New American Century, Rebuilding America's Defenses, 2000

Stocks were weak today. Global jitters and weaker than expected results from real economy companies shook bully's swaggering confidence.

Gold and silver tried to rally, and gold managed to hold a bit of a gain, as the US Dollar gained ground higher.

Politically active and publicly prominent men and women in the US would do well to remember this sage advice from George Bernard Shaw: 'I learned long ago, never to wrestle with a pig. You get dirty, and besides, the pig likes it.'

Today was an absolutely beautiful autumn day here in the northeast.

Have a pleasant evening.

Stocks and Precious Metals Charts - The Mad King and Long Con In Slow Motion - Götterdämmerung

"Hell is empty, and all the devils are here."  W. Shakespeare, The Tempest

“The easiest way to steal a man's wallet is to tell him you're going to steal his watch.”

Leigh Bardugoh


“They support freedom for themselves and slavery for everyone else, and they use the freedom of the market to disguise this.  Economic coercion is just a different form of force.”

Robert Peate


“As long as there are crazed or crafty leaders to play on old fears, a mob will turn cruel.”

Leigh Brackett


“Hatred is the most accessible and comprehensive of all the unifying agents. Mass movements can rise and spread without belief in a god, but never without a belief in a devil. And there is perhaps no surer way of infecting ourselves with virulent hatred toward a person than by doing him a grave injustice.”

Eric Hoffer

You have surely heard of 'the fog of war.'

Its financial analogue is 'the mist of mispriced risks and their deceptive valuations.'

Note that fraud requires a longer description than war.   Fraud and the power of money is necessarily more complicated than simple murder, which too often serves as one of its instruments of policy.

Alcoa kicked off the real earnings season tonight, after the Banks have finished spewing their financial results early.

Gold and silver tried to rally, but were smacked down in the afternoon in the currency crosses. The Dollar gained.

Stocks were slumping badly, but were rescued in the late afternoon, led back up by the SP 500 futures which closed unchanged.

The SP 500 futures are the locus of market intervention. See the writings of ex-Treasury Secretary Robert Rubin for the technical and ethical justifications for this.

Here is a message I received from Pam and Russ Martens at Wall Street On Parade:

"Our publishing schedule has been interrupted due to the pressing need to provide loving support and care-giving to a family member who is experiencing a health emergency."

Please remember them in your thoughts and prayers.

There will be a stock option expiration on this Friday.

There will be a Comex precious metals option expiration on the 25th. It is not a significant option contract month. The focus is now on the December contract.

Murder a Washington Post columnist? Not a problem, if you have the right connections and 'juice.'

'What is truth' asked Pilate? And then turned and washed his hands of it.'

Our modern procurators and prefects of plutocracy and empire don't even understand the purpose or substance of the question, except as a means of distracting us from yet another one of their lies.

We have taken a natural paradise, and a beacon of freedom to the world, and are turning it into a suburb of Hell— for the unquenchable greed of a few.

Have a pleasant evening.

Stocks and Precious Metals Charts - Rattling Nonsense - Stock Market Option Expiration on Friday

"To a fool, wisdom will sound foolish."

Euripedes, Bacchae


"If I speak in the tongues of men or of angels, but do not have love, I am only a resounding gong or a clanging cymbal.   If I have the gift of prophecy and can fathom all mysteries and all knowledge, and if I have a faith that can move mountains, but do not have love, I am nothing."

1 Corinthians 13:1-3

Fears of yesterday were cast aside as the hot money came back into the markets, and the shorts who overstayed their position in the recent decline were scrambling to cover.

We have seen a particularly effective wash and rinse in the equity markets this week, ahead of the stock option expiration on this Friday.

Netflix showed better-than-expected results, including the all important subscribers, after the bell.  This lit the afterburners of the big cap tech stocks.  Huzzah!

Safe havens joined prudent words and wisdom in leadership today—  all are generally in disrepute amongst the exceptional ones.

"For fools rush in where angels fear to tread.
Distrustful sense with modest caution speaks;
It still looks home, and short excursions makes;
But rattling nonsense in full volleys breaks;
And never shocked, and never turned aside,
Bursts out, resistless, with a thundering tide."

Alexander Pope, An Essay in Criticism

Have a pleasant evening.