22 November 2023

Stocks and Precious Metals Charts - They Walk in Darkness

 

"And the judgement is this, that God’s light has come into the world, but people love the darkness more than the light when their actions are evil. For those who do evil hate the light and refuse to come into it for fear that their lawlessness will be revealed. But those who live in the truth come into the light, so that it can be seen that they are doing God's will."

John 3:19-21

“If we go as far as we can into the darkness, regardless of the consequences, I believe a midnight truth will free us from our bondage to violence and bring us to the light of peace.”

James W. Douglass, JFK and the Unspeakable

"Everywhere there was civil order, for the arm of the Roman law was long. Everywhere there was stability, in government and in society, for the centurions saw that it was so. But everywhere there was something else, too. There was oppression — for those who were not the friends of Tiberius Caesar. There was the tax gatherer to take the grain from the fields and the flax from the spindle to feed the legions or to fill the hungry treasury from which divine Caesar gave largess to the people. There was the impressor to find recruits for the circuses.  There were executioners to quiet those whom the Emperor proscribed. What was a man for but to serve Caesar?

There was the persecution of men who dared think differently, who heard strange voices or read strange manuscripts. There was enslavement of men whose tribes came not from Rome, disdain for those who did not have the familiar visage. And most of all, there was everywhere a contempt for human life. What, to the strong, was one man more or less in a crowded world?

Then, of a sudden, there was a light in the world, and a man from Galilee saying, Render unto Caesar the things which are Caesar's and unto God the things that are God's. And the voice from Galilee, which would defy Caesar, offered a new Kingdom in which each man could walk upright and bow to none but his God. Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me. And he sent this gospel of the Kingdom of Man into the uttermost ends of the earth.  So the light came into the world and the men who lived in darkness were afraid, and they tried to lower a curtain so that man would still believe salvation lay with the leaders.

But it came to pass for a while in divers places that the truth did set man free, although the men of darkness were offended and they tried to put out the light. The voice said, Haste ye. Walk while you have the light, lest darkness come upon you, for he that walks in darkness knows not whither he goes.

Along the road to Damascus the light shone brightly. But afterward Paul of Tarsus, too, was sore afraid. He feared that other Caesars, other prophets, might one day persuade men that man was nothing save a servant unto them, that men might yield up their birthright from God for pottage and walk no more in freedom.

Then might it come to pass that darkness would settle again over the lands and there would be a burning of books and men would think only of what they should eat and what they should wear, and would give heed only to new Caesars and to false prophets. Then might it come to pass that men would not look upward to see even a winter's star in the East, and once more, there would be no light at all in the darkness."

Vermont C. Royster, In Hoc Anno Domini, December 24, 1949

"At first, the love of money, and then that of power began to prevail, and these became, as it were, the sources of every evil.   For avarice subverted honesty, integrity and other honorable principles and, in their stead, inculcated pride, inhumanity, contempt of religion and general venality.  Ambition prompted many to become deceitful; to keep one thing concealed in the breast and another ready on the tongue; to estimate friendships and enmities, not by their worth, but according to interest; and to carry rather a specious countenance than an honest heart.  These vices first advanced but slowly, and were sometimes restrained by correction; but afterward, when their infection had spread like a pestilence, the state was entirely changed, and the government, from being the most equitable and praiseworthy, became the most rapacious and insupportable."

Sallust, Conspiracy of Cataline


Trading volume was very light today as most of the adults left by noon, if they bothered coming in at all.

Gold and silver fell back a bit.

The Dollar moved higher.

VIX fell to its near term low.

The US markets will be closed tomorrow in observance of the Thanksgiving holiday.

The markets will be open until 1 PM on Friday.   

Trading should be very light excepting some exogenous event.

Have a pleasant evening.


21 November 2023

Stocks and Precious Metals Charts - Stubborn Pride and Willful Blindness

 

"Go and learn the meaning of the words, ‘I desire mercy, not sacrifice.’"

Matthew 9:13

"The great event on Calvary signifies more than a meaningless drama that took place on the stage of history.  It is a telescope through which we look out into the long vista of eternity and see the love of God breaking forth into time.   It is an eternal reminder to a power drunk generation that love is most durable power in the world, and that it is at bottom the heartbeat of the moral cosmos."

Martin Luther King, St. Paul’s Letter to the American Churches, November 4, 1956

"For your love for me disappears as quickly as a morning mist; it is like the dew, that melts away early in the day.  That is why I have sent my prophets with messages of judgment and destruction, to strike them with the words of My mouth.  My judgment illuminates them like lightning.  For I desire mercy, and not sacrifice; and their faithful knowledge of my ways, more than their burnt offerings."

Hosea 6:4-6

"This is how we know who are the children of God and who are the children of the Satan: anyone who does not do what is good is not God’s child, nor is anyone who does not love their neighbor."

1 John 3:10

"What is surprising is not that we are called to do so much, but rather, so little. And so often we grudgingly fail to do even that, or do something else in the way that we please and call it a sacrifice.

Love and be grateful to God, treat people as you would like to be treated with respect, kindness, mercy and forgiveness. And when we fail through weakness, we are readily forgiven if we are but genuinely repentant for our misdeeds by action or omission.

But all too often we bargain away our souls, one piece at a time, rebelling from even these small and reasonable requests to goodness— and for relatively little in return.  And we may hold on to that poisonous bargain out of stiff-necked, stubborn pride and a willful blindness, refusing to repent and admit our errors, until we fall into the abyss.  Misery loves company, and the sinful insulate themselves from a recognition of the foulness of their hearts by attempting to convert those around them to the same wickedness."

Jesse, Willing Blindness and the Gradual Seduction of Evil, 30 June 2017

Stocks were off a bit today, still digesting their recent rally higher.

Gold and silver rallied.  Gold is flirting with a breakout.

There will be a Comex Precious Metals December contract options expiration on Monday the 27th.

VIX continues to wallow at the recent lows.

NVIDIA beat estimates after the bell, but the stock price was slightly lower based on forward guidance.

This is a relatively quiet holiday shortened trading week in the US.

Have a pleasant evening.



20 November 2023

Stocks and Precious Metals Charts - The Dark Silence

 

"I've seen something wondrous peering through my joy in the beautiful, a sense of its creator.   Only people can be truly ugly, because they have free will to separate themselves from this song of praise.  It often seems they will drown out this hymn with cannon thunder, curses, and blasphemy.   But I have realized they will not succeed.  And so I want to throw myself on the side of the victor.”

Sophie Scholl

“During the Cold War this country has become frankly a warfare state built on affluence, a power structure in which the interests of big business, the obsessions of the military, and the phobias of political extremists both dominate and dictate our national policy.  It also seems that the people of the country are by and large reduced to passivity, confusion, resentment, frustration, thoughtlessness and ignorance, so that they blindly follow any line that is unraveled for them by the mass media.”

Thomas Merton, Cold War Letters, 1968

"What is unrecognized about JFK's presidency, which then makes his assas­sination a false mystery, is that he was locked in a struggle with his national security state. That state had higher values than obedience to the orders of a president who wanted peace.

There is nothing so threatening to systemic evil as those willing to stand against it regardless of the consequences. It’s unbelievable— or we’re supposed to think it is— that a president was murdered by our own government agencies because he was seeking a more stable peace than relying on nuclear weapons.  It’s unspeakable. 

Our collective denial of the obvious, in the setting up of Oswald and his transparent silencing by Ruby, made possible the Dallas cover-up.  The success of the cover-up was the indispensable foundation for the subsequent murders of Malcolm X, Martin Luther King, and Robert Kennedy by the same forces at work in our government—and in ourselves.  The unspeakable is not far away."

James Douglass, JFK and the Unspeakable

"For we wrestle not against flesh and blood, but against principalities and powers, against the rulers of the darkness of this world, against spiritual wickedness in high places."

Ephesians 6:12

"Those who dared to break the conspiracy of silence risked consequences more severe than the assassination of one’s character.  Dr. Crenshaw said he 'reasoned that anyone who would go so far as to eliminate the President of the United States would surely not hesitate to kill a doctor.'”

Charles A. Crenshaw, with Hansen and Shaw, JFK: Conspiracy of Silence, 1992


What, indeed, would they not be willing to do, how many innocents would they not be willing to sacrifice, what hapless and gullible nations would they not be willing to seduce and plunder, given the heady opiates of power and money and winning, in their Faustian bargain with the rulers of darkness of this world?  

And when they stand before the risen Christ, and He shows them the blood of His lambs,  and His own holy wounds, will they say, 'It was nothing personal.  We did what had to be done. Everyone was doing it. It was strictly business.'

Stocks managed to rise again in complacent holiday week trading.

VIX declined.

The Dollar declined.

Gold and silver struggled but in the end showed only a small decline.

The US markets will be closed on Thursday for the Thanksgiving holiday.

They will be nominally open for a half day on Friday, with all the adults on holiday.

Have a pleasant evening.