Stocks and Precious Metals Charts - Faithful Hearts - Risky As She Goes

 

"A nation can survive its fools, and even the ambitious.  But it cannot survive treason from within.  An enemy at the gates is less formidable, for he is known and carries his banner openly.  But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself."

Marcus Tullius Cicero

"Whoever loves his life above all will lose it, and whoever cares little for his life in this world will save it, for everlasting life.  Whoever serves must follow me, and where I am, there also will my servant be.  The Father will honor whoever serves me."

John 12:23-26

"Beyond armies of occupation and the catacombs of extermination camps, there are two irreconcilable enemies in the depth of every soul: good and evil, sin and love.  And what use are the victories on the battlefield if we are ourselves are defeated in our innermost personal selves?”

Maximilian Kolbe

"Whoever sows sparingly will also reap sparingly, and whoever sows bountifully will also reap bountifully.  Each must do as already determined, without sadness or compulsion, for God loves a willing giver.  Moreover, God is able to make every grace abundant for you, so that in all things, always having all you need, you may have an abundance for every good work.  As it is written:

'He scatters abroad, he gives to the poor; his righteousness endures forever.' 

The one who supplies seed to the sower and bread for food will supply and multiply your seed and increase the harvest of your righteousness."

2 Corinthians 9:6-11

“If you can feel that staying human is worth while, even when it can't have any practical result whatsoever, you've beaten them.”

George Orwell

 

It was risk on all day as the CPI came in slightly better than expected.

Risk hedges like the Dollar and gold and VIX did not fare well, but silver managed to hold its own.

Disney earnings were a market pleaser after the close.

PPI tomorrow.

And September is just around the corner.

Have a pleasant evening.

Stocks and Precious Metals Charts - Between Good and Evil

 

"Life is a continual story of shattered dreams.

There is a tension at the heart of the universe between good and evil.  It’s there: a tension at the heart of the universe between good and evil. Hinduism refers to this as a struggle between illusion and reality. Platonic philosophy used to refer to it as a tension between body and soul. Zoroastrianism, a religion of old, used to refer to it as a tension between the god of light and the god of darkness. Traditional Judaism and Christianity refer to it as a tension between God and Satan. Whatever you call it, there is a struggle in the universe between good and evil.

Now not only is that struggle structured out somewhere in the external forces of the universe, it’s structured in our own lives. 

And in every one of us this morning, there’s a war going on.  It’s a civil war. I don’t care who you are, I don’t care where you live, there is a civil war going on in your life.  And every time you set out to be good, there’s something pulling on you, telling you to be evil.  It’s going on in your life.  

Every time you set out to love, something keeps pulling on you, trying to get you to hate.  Every time you set out to be kind and say nice things about people, something is pulling on you to be jealous and envious and to spread evil gossip about them.  There’s a civil war going on.  There’s a tension at the heart of human nature." 

Martin Luther King, Unfulfilled Dreams,  3 March 1968

The market is looking to gain some direction from the inflation data tomorrow morning.

Let's see what happens.

Have a pleasant evening.

Stocks and Precious Metals Charts - The Blood of the Poor - For What Does It Profit a Man

 

"Capitalism is at risk of failing today not because we are running out of innovations, or because markets are failing to inspire private actions, but because we’ve lost sight of the operational failings of unfettered gluttony.  We are neglecting a torrent of market failures in infrastructure, finance, and the environment.  We are turning our backs on a grotesque worsening of income inequality and willfully continuing to slash social benefits.  We are destroying the Earth as if we are the last generation."

Jeffrey Sachs

"The gold of the rich is the blood of the poor, flowing through the institutions and estates of the propertied few. "

Leon Bloy, as quoted in Pilgrim of the Absolute

"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

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

Franz Kafka, The Trial

 

Stocks took a run at a rally today, but alas, the attraction of reality was too great for them to achieve escape velocity, and down they fell again to finish off a little lower.

Gold and silver took off higher, with silver putting in some impressive gains after the recent bear raids that took their prices lower, because of course they can, and the bullion banks are not ashamed to do so.

Nvidia jarred tech with some awful earnings, and a few other have also sounded their wake up calls, creative accounting and fanciful metrics notwithstanding.

More inflation data coming out later this week.

The consensus on bubblevision is that we are already in a recession but it really isn't all that bad.

Franz Kafka's The Trial says it all about this attractive but deceitful financial demimonde.

They wish to blot out the glory of God in His creation, because the light of His love shines through the darkness, and exposes the naked emptiness of their souls.

“A man can no more diminish God's glory by refusing to worship Him than a lunatic can put out the sun by scribbling the word 'darkness' on the walls of his cell."  C. S. Lewis

Daisy and I abide.

Have a pleasant evening.