"It is crudely general to suggest collective responsibility for the German populace. It is, however, fair to suggest that those who continued to defend the idea of Germanhood publicly as the war went on—when this had become synonymous with barbarity—were in fact renouncing their humanity for the sake of individual survival and peace of mind."
Panayiotis Demopoulos, Götterdämmerung: Suicide Music
The Richmond Fed's noted rate hawk and serial dissenter Jeffrey Lacker resigned today as a result of an investigation into a leak in 2012 of confidential information to an analyst that sells hard to get information to wealthy subscribers.
The guest commentators, talking heads, and spokesmodels were attributing this resignation, or faux pas if you will, to an inadvertent slip by one of their own who is burdened with managing the finances of the US.
They kept mentioning that they do not wish this incident to diminish the public's confidence in the FED. I guess fomenting serial asset bubbles and enabling historic financial inequality through hare-brained policies is not enough. LOL
Stocks finished largely unchanged.
The precious metals took a crack at overhead resistance today and then fell back down into the afternoon somewhat, closing marginally higher today.
And Jesus said to him the third time, `Simon, son of Jonas, do you love me?' Peter being distressed replied, `Lord, you know all things; you know that I love you.' And Jesus said to him, `Feed my sheep.'
'Verily, verily, I say to you, when you were young, you girded yourself, and walked where you liked. But when you are old, you will stretch out your your hands, and another will gird you, and shall carry you where you would not like to go.'
Today was the end of the first quarter for 2017. And the paint is now dry on the tape.
The economic news, of at least the 'hard numbers' kind is not particularly good, as noted on the economic calendar included below.
Next week we will be enjoying another Non-Farm Payrolls Report.
You might be surprised to hear that corporate profits are up 10%, and the wealthy are enjoying very fat returns on their paper assets.
The common person, not so much.
The news on the tests was not very good, and so we will be going back for another round of treatments for a new tumor in the brain. Well, at least this explains why the queen's memory and awareness have been so dodgy for the past six weeks. And she has been having light seizures and fatigue, so it has been a bit of a task to keep an eye on her and still carry on the household duties. It was becoming fairly apparent that something was very wrong. Please remember her in your prayers as the next few months will be difficult.
Let us see how things develop for the metals next week. April looks to be a more lively month for gold and perhaps for silver, judging by the first clearing reports for both included below.
The 'defense' by the gold bears which is so obviously being waged around the 1250 level is more related to the neckline of a developing inverse head and shoulders bottom pattern as noted on the chart. I have been watching this for some time.
Some think the key battle if gold moves higher will be around the prior 'Trump election night high' for gold. I think it will be a little north of there, but that may be more of a quibble. It looks like we might be seeing a much larger pattern on the gold charts that could prove to be interesting.
It was nice that silver held its level. It is operating on a longer term cup and handle which is fairly evident on the weekly chart. Silver could really get some legs if it starts breaking out.
Please remember all of God's creatures, including the birds and the animals, as well as the poor in both material things and of the spirit. Both have a hard life.
Above all never feel so powerless and afraid that you miss an opportunity to take part in the sacrament of the present moment. His angels and tender mercies are there, often unnoticed if we are distracted by our fears and desires. One could wish nothing more than to be a part of this celebration of true life.
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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