"The problem with movies and books is they make evil look glamorous, exciting, when it's no such thing. It's boring and it's depressing and it's stupid. Criminals are all after cheap thrills and easy money, and when they get them, all they want is more of the same, over and over. They're shallow, empty, boring people who couldn't give you five minutes of interesting conversation. Maybe some can be monkey-clever, some of the time, but they aren't hardly ever smart."
Dean Koontz
The last three days candlestick patterns are interesting.
Prices are smacked down in obvious selling raids designed to dampen price, especially after a higher overnight trade. And then determined buying brings the price back up but is held to a modest loss in the New York Comex session.
Silver is winding up for a run that will take no prisoners, show no mercy.
But these are just my opinions and I could be wrong. Here are two other similar perspectives.
“This may be the best opportunity you’re going to get at least from a price sense to buy gold and silver in the next few days. I think when this correction however long it will last is over, it will probably mark the lows for the year which will then be the liftoff to the eleventh consecutive year of higher gold prices.” John Embry, interview with KWN
Theodore Roosevelt is an interesting figure in American history, little regarded or understood by most Americans who are, at most, familiar with his 'charge up San Juan hill' and the imperialist expansionism of his foreign policy, and perhaps his conservationism marred by numerous big game safaris.
Wonderfully ignorant of their history, only a few might even remember that he is one of the four president's depicted on their nation's Mt. Rushmore, much less why he was considered among Washington, Lincoln, and Jefferson.
He was a complex man of seeming contradictions, who was as comfortable in New York salons as he was on the back of a horse. As he was a man he had his foibles and shortcomings, which makes him fair game for his critics. His speech at the Sorbonne on The Man In the Arena addressed this.
The American Experience is a wonderful series of documentaries, and I highly recommend them in general. The Great Crash of 1929 is one of the better depictions of that era that I have seen in a short video documentary.
I wonder if this ignorance of history is a cause or an effect. Does ignorance facilitate gullibility and exploitation, or does it not also make it more bearable for lack of comparison? Perhaps it is something of both. One can not otherwise explain America's fascination with and fatal attraction to second rate actors, narcissistic lotharios, idiot sons, wardheelers, and reality show divas. Such is the state of an empire in decline. A still vibrant nation can survive its Warren Hardings and Andrew Johnsons, and perhaps even an unfortunate run of them. One can only wait and see what will happen next, watchful and prayerful and hopefully prepared.
"Roosevelt appeared an unlikely candidate for a reform president. Born into a wealthy family, he enjoyed a youth beyond the reach of most Americans, touring Europe and the Middle East, studying with private tutors, and coming of age in a New York mansion. A Harvard man, he socialized with America's upper crust. In practice, however, TR looked after the interests of working class Americans against rapacious corporate trusts, defying -- and some would say betraying -- the very society from which he had sprung.
When TR entered the White House in 1901, he took control of a federal government that often aligned itself with big business. Roosevelt restrained his progressive leanings for a short time, wisely avoiding a shakeup on Wall Street, where jittery investors saw him at best as a loose cannon and at worst as a dangerous demagogue.
In early 1902, however, TR took the offensive against powerful corporate trusts. He convinced Congress to create a Bureau of Corporations to regulate big business, then shocked the nation by bringing an anti-trust suit against J. P. Morgan's Northern Securities Corporation. Morgan condemned the president, not just for what he had done, but for the ungentlemanly way in which he had done it -- publicly and without warning. A new paradigm had been established in Washington, and Roosevelt would go on to file suit against more than 40 major corporations during his presidency.
If Roosevelt's trust-busting surprised big business, it was certainly consistent with the major influences on his life. Theodore Roosevelt grew up worshipping a father who preached the moral duty of helping the poor, and he worked to be like his father in every way he could. As a young man, TR experienced life as a rancher in North Dakota's Badlands, where all the money in the world could not make a cow easier to rope or the summer sun less blazing, and years of honest work from sunup to sundown might still leave a person poor.
He learned to value working class people, and he never forgot them. From the time he took office in 1901 to the time he left it in 1909, the cowboy president did much to help working Americans. He passed laws to ensure the safety of food and drugs sold in the American marketplace. He placed millions of acres of land under federal protection, preserving America's natural resources. He regulated interstate commerce and helped laborers to get a fair shake at the negotiating table.
Plutocrats deplored Roosevelt. Yet TR adamantly defended the right of big business to exist. Trying to destroy the trusts, Roosevelt wrote in his Autobiography, "was a hopeless effort... those who went into it, although they regarded themselves as radical progressives, really represented a sincere form of rural Toryism." To TR, Progressivism meant a square deal for the American people and American business, a society where businesses profited by fair competition -- but not at the expense of the average American.
In fact, Roosevelt's relationship with labor was a tenuous one; he probably feared nothing more than he feared labor's potential for violence. "We can no more and no less afford to condone evil in the man of capital than evil in the man of no capital," Roosevelt wrote. One of his greatest frustrations was the inability of capitalists to see that their greed might well foment a bloody American revolution. Labor regularly condemned him, insisting that his brand of reform did not go far enough.
After leaving the presidency, Roosevelt continued to push for domestic reform, most notably during his Progressive party campaign for the presidency in 1912. He ran on a "New Nationalism" platform, calling for women's suffrage, an end to child labor, pensions for the elderly, unemployment insurance, and increased regulation of the trusts. While Theodore Roosevelt failed in this final presidential bid, others picked up his torch, and many of the ideas he championed would later come to fruition."
Let us pray for those whose hearts are hardened against His grace and loving kindness by greed, fear, and pride, and the seductive illusion and crushing isolation of evil.
We pray that we all may experience the three great gifts of our Lord's suffering and triumph: repentance, forgiveness, and thankfulness. And in so doing, may we obtain abundant life, and with it the peace that surpasses all understanding.
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