09 May 2024

Stocks and Precious Metals Charts - A Mad and Blasphemous Rebellion Against Heaven

 

“Be silent no more.  Cry out with one hundred thousand voices.  I see that, because of this silence, the world is in ruins, the Spouse of Christ has grown pale; the color is taken from her face because her blood has been sucked out, that is the blood of Christ, which is given as a free gift and not by right. Out of darkness is born the light.  Be who God meant you to be, and you will set the world on fire."

Catherine of Sienna

“People say, what is the sense of our small effort?  They cannot see that we must lay one brick at a time, take one step at a time.  A pebble cast into a pond causes ripples that spread in all directions.  Each one of our thoughts, words and deeds is like that.  No one has a right to sit down and feel hopeless. There is too much work to do. Our problems stem from our acceptance of this filthy, rotten system”

Dorothy Day

“Beware of false prophets, who come to you in sheep’s clothing, but underneath are ravenous wolves.  By their fruits you will know them.  Do people pick grapes from thorn bushes, or figs from thistles?  Just so, every good tree bears good fruit, and a rotten tree bears bad fruit.  A good tree cannot bear bad fruit, nor can a rotten tree bear good fruit."

Matthew 7:15-18

"What good is it, my brothers, if someone says he has faith but does not have works?  Can his faith save him?   If a brother or sister is without clothes and lacks daily food and one of you says to them, 'Go in peace, keep warm, and eat well,' but you don’t give them what the body needs, what good is it?  In the same way faith, if it doesn’t have works, is dead by itself."

James 2:14-17

"Our Lord has no body now but yours, no hands, no feet on earth but yours.  Yours are the eyes through which He looks with compassion on this world, yours are the feet with which He walks to do good.  Yours are the hands, with which He blesses all the world."

Teresa of Avila

"Holiness consists simply in doing God's will, and being just what God wants us to be.  Our Lord does not look so much at the greatness of our actions, or even at their difficulty, but at the love with which we do them.  Without love deeds, even the greatest, count as nothing.”

Thérèse Martin de Lisieux

"Wonderful providence indeed which is so silent, yet so efficacious, so constant, so unerring.   This is what baffles the power of Satan.   He cannot discern the Hand of God in what goes on; and though he would fain meet it and encounter it, in his mad and blasphemous rebellion against heaven, he cannot find it.

Crafty and penetrating as he is, yet his thousand eyes and his many instruments avail him nothing against the majestic serene silence, the holy imperturbable calm which reigns through the providences of God.  He makes a guess here, or does a bold act there, but all in the dark.   If even devils, sagacious as they are, spirits by nature and experienced in evil, cannot detect His hand while He works, how can we hope to see it except by that way which the devils cannot take, by loving faith."

John Henry Newman, Parochial and Plain Sermons, Vol 4, No. 17

 

VIX fell.

The Dollar fell.

Gold and silver rallied higher to their breakout points.

Stocks managed to pull higher after some waffling around.

Stock option expiration and inflation data next week.

Have a pleasant evening.



08 May 2024

Stocks and Precious Metals Charts - Sic Transit Gloria Mundi

 

"...to the glory that was Greece,
And the grandeur that was Rome."

Edgar Allen Poe, To Helen


“Now all the Athenians as well as the foreigners residing there used their time for nothing else but telling or hearing something new.

Then Paul stood up at the Areopagus and said: 'You Athenians, I see that in every respect you are very religious.  For as I walked around looking carefully at your shrines, I even discovered an altar inscribed, ‘To an Unknown God.’  What therefore you unknowingly worship, I proclaim to you.  The God who made the world and all that is in it, the Lord of heaven and earth, does not dwell in sanctuaries made by human hands, nor is he served by human hands because he needs anything.

Rather it is he who gives to everyone life and breath and everything.  He made from one the whole human race to dwell on the entire surface of the earth, and he fixed the ordered seasons and the boundaries of their regions, so that people might seek God, even perhaps grope for him and find him, though indeed he is not far from any one of us.  For ‘In him we live and move and have our being,’ as even some of your poets have said, ‘For we too are his offspring.’

Since therefore we are the offspring of God, we ought not to think that the divinity is like an image fashioned from gold, silver, or stone by human art and imagination.  God has overlooked the times of ignorance, but now he demands that all people everywhere repent because he has established a day on which he will ‘judge the world with justice’ through a man he has appointed, and he has provided confirmation for all by raising him from the dead.'  When they heard about resurrection of the dead, some began to scoff, but others said, 'We should like to hear you on this some other time.'”

Acts 17:22-32


Empires rise, and rage for their time upon the stage of history, and fall, to be forgotten. 

Mais où sont les neiges d'antan?

Stocks did their usual intraday churn and burn, finishing largely unchanged.

Gold and silver were feeling a bit wobbly, but not overmuch.

The Dollar chopped sideways.

VIX has now fallen, considerably.

Wash cycle is almost done.

"Few will have the greatness to bend history; but each of us can work to change a small portion of the events, and in the total of all these acts will be written the history of this generation.  It is from numberless diverse acts of courage such as these that the belief that human history is thus shaped.  Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope, and crossing each other from a million different centers of energy and daring those ripples build a current which can sweep down the mightiest walls of oppression and resistance." 

Robert Kennedy, Day of Affirmation Speech, Cape Town, South Africa, 6 June 1966

Have a pleasant evening.



07 May 2024

Stocks and Precious Metals Charts - The Father of Lies and His Children of the World

 

“We may ignore, but we can nowhere evade, the presence of God.  The world is crowded with him.  He walks everywhere incognito.  And the incognito is not always hard to penetrate.  The real labor is to remember, to attend— in fact to come awake.  Still more, to remain awake.”

C. S. Lewis

"Franz Neumann’s book Behemoth, details how the Nazi regime came about, how you could have this really advanced, highly educated, industrial society suddenly be ruled by this imperialist, vicious regime – how is this possible?   And when looking at the ways that the economic elites collaborated, the end result is you have the German establishment supporting Nazism basically as a way to crush any leftists that might want a social revolution or serious reforms to German capitalism.”

Aaron Good, American Exception, July 2022

"It is not simply crude power that triumphs abroad, but its exultant justification.  The world is being inundated by the brazen conviction that power can do anything, and justice nothing."

Aleksandr Isayevich Solzhenitsyn, Nobel Lecture for Literature, 1970

"American political corruption was the buying up of legislatures and assemblies to keep them from doing the people's will and protecting the people's interests; it was the exploiter entrenching himself in power, it was financial autocracy undermining and destroying political democracy. By the blindness and greed of ruling classes the people have been plunged into infinite misery."

Upton Sinclair, The Brass Check, 1919

"Throughout history, it has been the inaction of those who could have acted; the indifference of those who should have known better; the silence of the voice of justice when it mattered most; that has made it possible for evil to triumph."

Haile Selassie, Addis Ababa, 1963

"The dangers of fascist politics come from the particular way in which it dehumanizes segments of the population. It limits the capacity for empathy among other citizens, leading to the justification of inhumane treatment, from repression of freedom, mass imprisonment, and expulsion to, in extreme cases, mass extermination."

Jason Stanley, How Fascism Works: The Politics of Us

"Why do you not understand what I am saying?  It is because you cannot bear to hear my words.   You are from your father, the devil, and you willfully carry out your father’s desires.  He was a murderer from the beginning, and he does not stand with the truth, for there is no truth in him.  When he lies, he speaks in accord with his nature, for he is a liar and the father of lies."

John 8:43-44

The markets avert their eyes from injustice, brutality, and slaughter, with a self-righteous contempt for those who are weak.   

Power will ultimately achieve its true purpose— it's own destruction in an ignoble end.

Stocks tried to rally, but eventually fell back to close nearly unchanged.

VIX fell again, as it was damn the geopolitics and risk away.

Gold and silver fell back a bit.

The Dollar rose.

The sheer injustice and brutality of the portrayal and disposition of the campus protesters reminds me very much of what it was like to be opposed to the war and support civil rights in the 1960s.  

Its surprising how many of the professional leadership class are on the payroll, happy just to go along to get along, or cowed into silence.

"I was satisfied that I wasn't personally to blame and that I hadn't known about those things. I wasn't aware of the extent of the crimes. But one day I went past the memorial plaque which had been put up for Sophie Scholl in Franz Josef Strasse, and I saw that she was born the same year as me, and she was executed the same year I started working for Hitler.  And at that moment I actually sensed that it would have been possible to find things out."

Traudl Junge, Hitler's Secretary

Try explaining this to the boss, and not the poseur, when the time comes.

Winning....

Have a pleasant evening.