Stocks and Precious Metals Charts - Choices and Consequences - Non-Farm Payrolls Report Tomorrow

"Faustus, who embraced evil and shunned righteousness, became the foremost symbol of the misuse of free will, that sublime gift from God with its inherent opportunity to choose virtue and reject iniquity.  Faustus had advanced beyond the level of a scarlet sinner — he was a conscious follower of the Prince of Darkness.  The fact he could publicly project an Antichrist image with pride, having no fear of reprisal, and his seeming diabolical art of escaping all punishment when others who were considered heretics had burned at the stake for less, would certainly signal that an unnatural individual walked in their midst.

It is true in many respects he assumed the role of the charlatan, yet how apropos, considering his willingness to follow the Father of Lies and deception. 

A life of good or evil, the hope of Heaven or the despair of Hell, Faustus stands as a reminder that the choice between these two absolutes also falls to us. 

The lofty mind of man can be imprisoned by the artifices of its own making.   If there are damned souls in Hell, it is because men blind themselves.” 

 E.A. Bucchianeri, Faust: My Soul Be Damned for the World

 

"God is going to invade, all right: but what is the good of saying you are on His side then, when you see the whole natural universe melting away like a dream and something else — something it never entered your head to conceive — comes crashing in; something so beautiful to some of us and so terrible to others that none of us will have any choice left? 

For this time it will be God without disguise; something so overwhelming that it will strike either irresistible love or irresistible horror into every creature. It will be too late then to choose your side. There is no use saying you choose to lie down when it has become impossible to stand up. 

That will not be the time for choosing: it will be the time when we discover which side we really have chosen, whether we realised it before or not.  Now, today, this moment, is our chance to choose the right side.  God is holding back to give us that chance.  It will not last for ever.  We must take it or leave it." 

 C. S. Lewis, 1944

 

"And because of the increase in lawlessness, the love of most will grow cold. But those who stand firm to the end, will be saved." 

 Matthew 24:12 

 

It was 'rally mode' in a big way today.

Stocks reached new highs.

The dollar rebounded.  

Gold was off a bit while silver rallied a little higher.

Tomorrow will be the Non-Farm Payrolls report for December.

As you may recall the ADP Report showed an unexpected loss earlier this week.

Believe lies and in many cases outright nonsense if you will, if you feel you must, and serve the madness.    

You can certainly have no illusions about it now.  This is your choice, your Faustian bargain.

Just know what thing it is that you have chosen to serve, and allow to dwell in your hearts.

Have a pleasant evening.

Stocks and Precious Metals Charts - Are You Not Entertained? - Epiphany

 

"The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated communist, but people for whom the distinction between fact and fiction, true and false, no longer exists.” 

Hannah Arendt 

 

"I urge you, brothers and sisters, to be wary of those who cause divisions and undermine the faithful, in opposition to the teaching that you have learned.   Shun them.  For such people do not serve our Lord, but their own appetites.  And by clever words and flattery they deceive the hearts of the innocent and naive."

 Romans 16:17-18

 

“The downward spiral of dumbness in America is about to hit a new low.” 

Hunter S. Thompson 

 

And so it has.

Financial stocks led the rally today, as stocks overcame their initial declines and managed to tick up to new highs, at least in non-tech land. 

Gold and silver were mugged. 

But it does seem as though they are still forming some very bullish chart formations.  

On many fronts, change is coming.

Let's see what happens. 

By your actions you will be judged, and you will be able to know the character and intents of others.

Be accountable and aware of your own actions and obligations, and be aware of what you put into your minds, and pass along to your family and friends.

A great culpability lies on the heads of those who have abetted and promoted this delusion and madness in their pursuit of money and power. 

They have no shame, and no truth or love in them.

Shun them, not so much to punish them, but to preserve yourselves.

Have a pleasant evening. 

Stocks and Precious Metals Charts - The Writing on the Wall...

“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 

 

"The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated communist, but people for whom the distinction between fact and fiction, true and false, no longer exists.” 

Hannah Arendt

 

"And because of the increase in lawlessness, the love of most will grow cold.  But those who stand firm to the end, will be saved." 

Matthew 24:12

 

 Stocks managed to rally back today, to overhead resistance, after the record sell off that opened the trading for the year.

Gold and silver managed to hang on and extend their gains higher, again, to overhead resistance.

VIX retraced a bit.

The dollar dropped lower into the 89 handle.

Let's see what happens with the runoffs elections in Georgia tonight.

Have a pleasant evening.

Stocks and Precious Metals Charts - The Exceptionals - Worst Start To a Trading Year Since 1932

 

"...we but teach
Bloody instructions, which being taught, return
To plague the inventor: this even-handed justice
Commends the ingredients of our poisoned chalice
To our own lips."

Shakespeare, Macbeth

 

"And one day, too late, your principles, if you were ever sensible of them, all rush in upon you.   The burden of self-deception has grown too heavy.   

Now you live in a world of hate and fear, and the people who hate and fear do not even know it themselves; when everyone is transformed, no one is transformed.   Now you live in a system which rules without responsibility even to God.  The system itself could not have intended this in the beginning, but in order to sustain itself it was compelled to go all the way.” 

Milton Mayer, They Thought They Were Free: The Germans, 1933–45 (and Exceptional)

 

Gold and silver rocketed higher today out of their constraints on the charts.

It was a bit odd to watch the closing trades on the tape late on Thursday as the miners were taken down hard in the lightest of markets.

It did seem as though someone were trying to run the stops which specs had put on ahead of the holiday weekend.  

Or perhaps, trying to make their own short positions look a little better for the year end.

Nevertheless, today was a new day.

Gold went out near the highs, with silver also rallying although with a little less risk averse abandon.

The Dollar dipped but then closed almost unchanged.

The VIX soared.

Stocks got clocked, putting in the worst opening day trading loss since 1932.

Looks like a pretty obvious flight to safety. 

The Georgia Senate runoff elections are tomorrow, with early voting starting today.

The coronavirus is raging.

Jokers and Demi-goons in the Senate are making noises about challenging the recording of the presidential vote on January 6th, against the judgement of the States and the courts.  

Fanservice for the base.   While blocking their stimulus checks.

Let's see what happens next.

Have a pleasant evening.