Stocks and Precious Metals Charts - Deceits of the Predator Class

 

"Time and again we hope for better leaders, but all too often those hopes are dashed.  The reason is that power causes people to lose the kindness and modesty that got them elected, or they never possessed those sterling qualities in the first place.  In a hierarchically organised society, the Machiavellis are one step ahead.  They have the ultimate secret weapon to defeat their competition.  They’re shameless.”

Rutger Bregman, Humankind: A Hopeful History, 2020

"The concentration of psychopathic and sociopathic personalities in positions of power, whether it be in the workplace or in political areas, emphasizes the need for balance of power, transparency, and the rule of law.  

Utopian designs for social organization that rely on perfectly rational and naturally self-governing individuals is not very practical. The fact that for some percentage of the population, from one to five percent, the lack of a conscience is a very real factor in their own behaviour, knocks down flat anarchical frameworks where reliance is placed upon some assumption of 'natural goodness' of everyone.  Not everyone is just like everyone else.  

There is a reason why throughout human history good people have found it necessary to organize themselves for their own protection. Not everyone is good, and laws provide for the protection of the weak, the vulnerable, and the innocent from the predators among us."

Jesse, Snakes in Suits: Predators Among Us, 26 April 2017

"We may make ourselves popular by telling our fellow citizens that they have made discoveries, conceived inventions, and made improvements.  We may boast that we are the chosen people; we may even thank God that we are not like other men.  But after all it will be but flattery, and the delusion, the self deceit of the Pharisees."

John Adams, Letter to John Taylor, 29 July 1814

 

Tonight is Daisy's monthly visit to the vet.  She has allergies that require a monthly injection in addition to the pills she takes every day.  She also has a heart murmur that requires some monitoring and daily medication.  She is worth it.

So here are the charts as they are at this time.  I will adjust any differences in the chart postings tomorrow.

I think it is pretty evident that this Administration has a keen eye on the stock markets, and frosting reality to make it appear better than it really is.

Bitcoin looks to be staging a breakout attempt for the long wedge I highlighted yesterday.  If it succeeds then it may run higher a bit.  And if it fails, then the wedge may continue working forward.

Gold and silver have been gaining the attention of Wall Street this week.  The shorts may be using this opportunity of relaxed oversight and increased market 'tinkering' to square up those short positions.

Or they may be doubling down.  And a turn of events in the geopolitical situation could crush them.   

What is unsustainable will not be sustained.

The leadership of today is perishing.  They do not yet realize it.  But their regret and surprise when the time comes will be as monumental as their egos. 

Have a pleasant evening. 

Stocks and Precious Metals Charts - The Good Shepherd's Light of Love

 

"Beware of false prophets, who come to you in sheep’s clothing, but inwardly are ravenous wolves.  By their fruits you will know them."

Matthew 7:15-16

"Love will not come 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, they will eventually come to condemn it, and persecute it —  and thereby condemn themselves.

For the people of God love is the way to know if what we believe is with Him, or from 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 the fullness of existence, joy and mercy.   Love is ridiculed and trampled upon by those in opposition 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 Holy Spirit moving in the world.

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.  It resides in small daily acts of kindness and fellowship, done lovingly and with care, for His sake.   

The hardened heart judges others, while ignoring its own sins, thinking itself good.   Love is mercy, as it shows us our commonality with our fellow humanity as a weak and sinful creature.  Creation is 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 humility and wonder.

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 life, while sin desecrates and destroys in its lust for possession and will to power.  Love is the way to be abundant and merciful in a time of spiritual wickedness, and dark powers in high places.

God is love, the essence of all existence.  And love endures all."

Jesse, Love Is the Refuge of the Way, June 24, 2017

“I am the good shepherd. The good shepherd lays down his life for his sheep."

John 10:11

And the war progresses the antics on the risk markets gets more interesting and volatile.

Today the stocks they pumped up yesterday dropped quite a bit in the early trade.

Wash, rinse, repeat.

And they took back quite a few of those losses as the day wore on.

Gold and silver were hammered pretty hard, almost to a comical degree.  Maybe they are trying to get their Non-Farm Payoll jollies out of the way early this week.

That was program selling without regard to pricing and market equilibrium IMHO.  They were probably cleaning out stop-loss orders, and giving themselves a chance to square up their own naked short positions.

Ok, let's see where we go from here.

Uncle Buck caught a flight to safety bid today.

VIX spiked and then dropped.

I have not been catching any details on the Asian gold trade so far this week.  I'll have to make time to look since the guy I usually follow has been on my 'timeline' on X.  Did I use that term right?  lol

This war is going to be getting very, very messy as time goes on.  

Many if not most of the details from the main media outlets are rubbish.  

Especially the big outlets in the US and the British papers and media.  

Stenographers to power as some have said.

There are more than the usual number of false prophets running around.  

They way to weigh them is to see how they reflect in the mirror of love.

Contrary to what some wise men have said, I think that the devils can imitate humility, although it is difficult and certainly not in their nature.  And they are specialists in pious hypocrisy and false virtues.

But true humility is founded in love, more specifically the love of God and the desire to do His will.  

That the devils cannot fake.  It is contrary to their nature.

So if you are at times feeling lost or confused and overwhelmed, look for the Good Shepherd, and His light of love.  It calls to you, and will lead you safely home. 

Have a pleasant evening.

Stocks and Precious Metals Charts - From the Desert to the Mountain Top

 

"Only the man who has had to face despair is really convinced that he needs mercy. Those who do not want mercy never seek it. It is better to find God on the threshold of despair than to risk our lives in a complacency that has never felt the need of forgiveness.”

Thomas Merton, No Man Is an Island, 1955

"To enter heaven is to become more human than you ever succeeded in being on earth; to enter hell, is to be banished from humanity. What is cast into hell is not a man: it is 'remains.' To be a complete man means to have the passions obedient to the will and the will offered to God: to have been a man – to be an ex-man or 'damned ghost' – would presumably mean to consist of a will utterly centered in its self and passions utterly uncontrolled. You can have no greater sign of confirmed pride than when you think you are humble enough.

Pain insists upon being attended to.  God whispers to us in our pleasures, speaks in our conscience, but shouts in our pains: it is his megaphone to rouse a deaf world.  No doubt pain as God's megaphone is a terrible instrument; it may lead to final and unrepented rebellion.  But it gives the only opportunity the bad man can have for amendment. it removes the veil; it plants the flag of truth within the fortress of the rebel soul."

C.S. Lewis, The Problem of Pain, 1940

“Man has places in his heart which do not yet exist— and into them enters suffering, so that they may have life.”

Léon Bloy

“Then the rich man said, ‘I beg you, Father Abraham, send Lazarus to my father’s house.  For I have five brothers for him to warn, so that they also will not come to this place of desolation and torment.’  But Abraham said, ‘They have Moses and the Prophets.  Let them listen to them.’ 

But the rich man again said, ‘No, Father Abraham, but if someone from the dead comes back and speaks to them, they will repent.’  And Abraham said, ‘If they do not listen to Moses and the Prophets, neither will they listen if someone warns them who has risen from the dead.’”

Luke 16:27-31
 

The Spirit leads us through the desert of Lent, to the mountain top of the Redemption and the broad vistas of the Resurrection.

Repentance, forgiveness, and thankfulness. 

Last night about 7 PM, shortly after the futures market opened with stock index futures plunging and gold and silver soaring,  I posted the following on X:

"Bessent and crew are going to put forth a maximum effort to reset the markets, so that their fellow jokers that are trapped can get out and reposition.  Donnie thinks they are supporting him, but they just want to make some serious bucks using Uncle Thug's ESF [Exchange Stabilization Fund]."

And so they did today.

All I am going to say for now is to repeat my thought that this attack by the US-Israel on Iran is a strategic military blunder on par with Germany's Operation Barbarossa.  

To borrow a British saying from WW I, we are lions led by donkeys. 

We know whose purposes it serves, and it is most decidedly not the American public.  It is a creature of the oligarchy.

Gold and silver were slammed in the aftermath of a strong flight to safety.

 Stocks were hammered overnight, but were pumped into the NY open and were lifted aloft into the close.

VIX came in high and was pushed lower.

A couple of week ago I suggested that it was time to fill up on oil and gas for yourself, and round up your supplies of food and other essentials.  It literally would cost you nothing over time.

And so it was. 

This will not end well, for anyone, even for those who think that they are directing this madness..

Have a pleasant evening.