Stocks and Precious Metals Charts - Concentrated Risk, Force and Fraud

“The real conflict is the inner conflict.  Beyond armies of occupation and the catacombs of extermination camps, there are two irreconcilable enemies in the depth of every soul: good and evil, sin and love.  And what use are the victories on the battlefield if we are ourselves are defeated in our innermost personal selves?”

Maximilian Kolbe


"This is the way in which he conceals from you the kind of work to which he is putting you;  he induces you to imitate him; or he promises you illumination.  He scoffs at times gone by; he scoffs at every institution which reveres them.

He prompts you what to say, and then listens to you, and praises you, and encourages you. He bids you mount aloft. He shows you how to become as gods. Then he laughs and jokes with you, and gets intimate with you; he takes your hand, and gets his fingers between yours, and grasps them, and then you are his."

John Henry Newman


"The most important problem in the world today is your soul, for that is what the struggle is about."

Fulton J. Sheen


"And yet the ever-blessed Spirit of God is there, ten times more glorious, more powerful than when He trod the earth in our flesh."

John Henry Newman

Stocks failed to rally again today, as the dip buyers gave way to more selling.

The wiseguys managed to get the SP futures back to nearly unchanged.

But for the big cap Techs of the NDX 100, not so much.

Gold and silver were both off a bit as well, but then came back slowly into the close.

The VIX was off a bit.

Next week there is the double whammy of an FOMC meeting and a stock option expiration.

I am sitting largely in short term cash now, waiting to see which way these 'markets' break.

 

A single event, even one of seemingly moderate consequence, could melt these markets down.   That is how bubbles end.

The fotunate few are flooded with money, but the trickle-down pipes are clogged, with bubbles and soft-corruption.

This is a period of high deception.  Be careful of that to which you give your hearts.

It bears an uncanny resemblance to the dot.com and housing bubbles. They both turned into occasions for force and fraud.

Have a pleasant weekend.

Silver Still Well In the Lead, With Gold and the Nasdaq 100 in Second, SP500 Lagging Near Even

You probably would not know this if you just listened to the reporting on financial television.

 

Stocks and Precious Metals Charts - The Wild Ones

"Fellow-citizens, we cannot escape history.  We of this Congress and this administration, will be remembered in spite of ourselves. No personal significance, or insignificance, can spare one or another of us.

The fiery trial through which we pass, will light us down, in honor or dishonor, to the latest generation.  We say we are for the Union.  The world will not forget that we say this.  We know how to save the Union.  The world knows we do know how to save it.  We -- even we here -- hold the power, and bear the responsibility.  In giving freedom to the slave, we assure freedom to the free -- honorable alike in what we give, and what we preserve.

We shall nobly save, or meanly lose, the last best hope of earth.  Other means may succeed; this could not fail.  The way is plain, peaceful, generous, just -- a way which, if followed, the world will forever applaud, and God must forever bless."

Abraham Lincoln, December 1, 1862

 

Stocks tried to sustain a bounce back higher again today, but alas it was not to be.

The dip-buying bulls were whip-sawed, in the finest Wall Street tradition.

Gold and silver were hit rather hard, but managed to finished unchanged for gold, and just a bit lower for silver.

The dollar also finished largely unchanged.

The Recovery seems to be headed in the wrong direction.

Tomorrow we will again remember the sad events of 9/11/2001.

We are expecting heavy rains this evening.

Stormy weather.

Have a pleasant evening.

Stocks and Precious Metals Charts - Destroyer of Markets - Audacious Oligarchy

“A lie that is half-truth is the darkest of all lies.”

Alfred Lord Tennyson


“Pay no attention to the man behind the curtain!”

Noel Langley, The Wizard of Oz, screenplay


"I know nothing that I may say can influence you. You have no souls to be influenced. You are spineless, flaccid things. You pompously call yourselves Republicans and Democrats.  You are lick-spittlers and panderers, the creatures of the Plutocracy."

Jack London, The Iron Heel


“Each day we are becoming a creature of splendid glory, or one of unthinkable horror.”

C. S. Lewis

Stocks bounced today.

This was somewhat expected as noted yesterday. Their declines had reached the fibonacci retracements for a correction.

Gold and silver also had healthy bounces today.

Gold is a trading range.

Silver is in an intermediate consolidation pattern.

The Dollar laid off a bit from its recent gains.

Donholio continues to harm his chances for the next election by boasting or otherwise revealing things that he did.    In this latest he confessed, over a recorded phone call, to Bob Woodward that he had purposely downplayed the virulence and threat of the coronavirus pandemic.

This will be excused, or simply be ignored, by the true believers and kindred souls. And as always, those who cannot recall, or could not have known.

"And we can carry on the practice of charity and prayers in our daily lives, in the little things, if we can take the first step when called. It is that first step, away from the path of selfishness and death, and into the arms of love and true life, that is the key.  The first step out of the darkness and into the light is the hardest.  But once there, in that loving and hospitable place, our true home for which we were made, we find comfort and place, and pray that we may never leave."     Jesse, April 2014 

Repentance, forgiveness, thankfulness.

Need little, want less, love more.  For those who abide in love abide in God, and God in them.

Have a pleasant evening.