Stocks and Precious Metals Charts - Faust: My Soul Damned for the World

 

"Violence begets violence; hate begets hate; and toughness begets a greater toughness.  It is all a descending spiral, and the end is destruction — for everybody.  Along the way of life, someone must have enough sense and morality to cut off the chain of hate.

The ultimate weakness of violence is that it is a descending spiral, begetting the very thing it seeks to destroy.  Darkness cannot drive out darkness; only light can do that.  Hate cannot drive out hate; only love can do that.”

Martin Luther King

"The gates of Hell are terrible to behold, are they not?  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

"Some who accuse others of inciting riots have by their own conduct invited them.  Some look for scapegoats, others look for conspiracies, but this much is clear; violence breeds violence, repression brings retaliation, and only a cleaning of our whole society can remove this sickness from our soul."

Robert F. Kennedy, 5 April 1968

"If at the start this cancerous growth in the nation was not particularly noticeable, it was only because there were still enough forces at work that operated for the good, so that it was kept under control.  As it grew larger, however, and finally in an ultimate spurt of growth attained ruling power, the tumor broke open, as it were, and infected the whole body."

The White Rose, Second Leaflet, Munich 1942

‘Not everyone who says to me, 'Lord, Lord', will enter the kingdom of heaven, but only one who does the will of my Father in heaven.  On that day many will say to me, 'Lord, Lord, did we not prophesy in your name, and cast out demons in your name, and accomplish great things in your name?'  Then I will declare to them, ''I do not know you.  Depart from me, you who practice lawlessness.'”

Matthew 7:21-23

A mixed day in a holiday shortened week.

The VIX declined and the Dollar rose, but stocks traded weakly and ended lower.

Gold and silver were under pressure.

 There will be a deluge of economic data on Wednesday.

After the bell the crypto firm Genesis has warned of bankruptcy.

 Death, wealth, and power are the idols and dark masters of this world.

You cannot choose life by embracing lawlessness and death. 

You cannot deceive and oppress the innocent and naive, and be a child of God.

You cannot spread lies and hate, for any reason, and then be among those who are standing firm with the Lord.   

You cannot act on your 'righteous anger' because you have none, you are not righteous, loving only your own passions and self.

Serve whom you will, but know whom it is that you serve.

Do not be deceived, for God is not mocked.   As you sow, so shall you reap. 

'I do not know you.  Depart from me, you who practice lawlessness.'

Have a pleasant evening.

 

Stocks and Precious Metals Charts - Are You Not Entertained? - The Rulers of the Darkness of this World

 

"It was around July 2020, when we were all locked down and not knowing what was going on with our lives, our personal economies, our health, and our families, when I realized that the Federal Reserve had doubled the size – or even more so — of its book of assets.  It had created about $5 trillion worth of money in a very short period of time.

During that time, the markets went from being very afraid and down to being very, very high.  A lot of people said, well, we’re all at home using Zoom, so therefore the market just rebounded by so much.  But that was just a small part of it.  The bigger part was that money became available at such an immense level and therefore the distortion between where money goes in the financial markets and where it doesn’t go in the real economy became permanent.  At that moment I saw that this can happen in any amount, at any time.  There’s no restriction, no transparency, no responsibility."

Nomi Prins interviewed by Lynn Parramore, You’re Living in a World Wrought by the Fed, 17 November 2022

"Show me your ways, O Lord, and teach me your paths.  Lead me in your truth, and teach me, for you are the God of my salvation, and I wait for you all the day.  Remember, O Lord, your tender mercies and loving kindness, as they have ever been of old."

Psalm 25:4-6

“Once central banks unleashed monetary policy to accommodate mega-banks, subsidize Wall Street financiers, and bolster global markets, the very idea of free and open markets and laissez-faire investing died.  No one wanted to call the Fed’s QE a Ponzi scheme.  But it was.

Whether it was done to soothe a stock market crash, a ruptured subprime housing market bubble, or a pandemic, the Fed’s response to the financial crisis of 2008 and later crises has confirmed that it will always seek a way to grease the wheels of capitalism for its wealthiest participants and private banks.  The results speak for themselves.  According to a 2022 Oxfam International report:

‘The world’s ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion—at a rate of $15,000 per second or $1.3 billion a day—during the first two years of a pandemic that has seen the incomes of 99 percent of humanity fall and over 160 million more people forced into poverty.’”

Nomi Prins, Permanent Distortion

"Let everyone see your gentleness. The Lord is always near.  Do not be anxious about anything.   Instead, in every situation, through prayer and petition with thanksgiving, tell your requests to God.  And the peace of God that surpasses all understanding will guard your hearts and minds."

Phil 4:4-9

It was a fairly quiet stock options expiration today.

The SP 500 edged a bit higher with the tech heavy NDX trading lower.

Next Tuesday the 22nd there will a fairly substantial December Futures contracts option expiration on the Comex for gold and silver.

Cloudy with a chance of shenanigans.

The Dollar moved slightly higher in a sideways chop.

The VIX fell.

Next week will be a holiday shortened week in the US in observation of Thanksgiving.

The Great Lakes region will be enjoying what may shape up to be some epic snowfall this weekend.

I have included a brief video at the end of this post describing the 'Great White Hurricane' November storm that ravaged the Great Lakes.

I am glad that I no longer live in the Lake Erie snowbelt which is where I am originally from.   Thirty years was enough. LOL

As a bonus I have included another short video about the Blizzard of '49 that swept across the northern Great Plains.

Have a pleasant weekend.

Stocks and Precious Metals Charts - Relentless Synchronicity of the Moneyed Interests

 

"The fruits of the toil of millions are badly stolen to build up colossal fortunes for a few, unprecedented in the history of mankind; and the possessors of these, in turn, despise the Republic and endanger liberty. 

From the same prolific womb of governmental injustice we breed the two great classes—tramps and millionaires.  The national power to create money is appropriated to enrich bond-holders; a vast public debt payable in legal-tender currency has been funded into gold-bearing bonds, thereby adding millions to the burdens of the people.

We have witnessed for more than a quarter of a century the struggles of the two great political parties for power and plunder, while grievous wrongs have been inflicted upon the suffering people.  We charge that the controlling influences dominating both these parties have permitted the existing dreadful conditions to develop without serious effort to prevent or restrain them. 

Neither do they now promise us any substantial reform.  They propose to sacrifice our homes, lives, and children on the altar of mammon; to destroy the multitude in order to secure corruption funds from the millionaires."

US Populist Party Platform, 1892


"But there is a sort of 'Ok guys, you're mad, but how are you going to stop me' mentality at the top."

Robert Johnson


"Perhaps the disconnected nature of the nation's money, its profound alientation with respect to the real economy, is the key to the market's increasingly erratic behaviour, and the remarkable silence of the lambs."

Jesse, 4 November 2011


“The main problem in any democracy is that crowd-pleasers are generally brainless swine who can go out on a stage and whip their supporters into an orgiastic frenzy— then go back to the office and sell every one of the poor bastards down the tube for a nickel apiece. The downward spiral of dumbness in America is about to hit a new low.”

Hunter S. Thompson


Can we possibly sink lower than we already have? 

Stocks continued to slide lower, although they were able to bounce off the lows.

Gold and silver were lower.

The Dollar was higher.

There will be a stock index option expiration on Friday.

Some day we will have genuine reform.  But not yet, by a long shot.

The US is in the firm grip of an oligarchy in partnership with some well compensated politicians. 

Have a pleasant evening. 

Stocks and Precious Metals Charts - Babylon the Great - Stock Option Expiration on Friday

 

“'Come, I will show you the judgment of the great harlot who is seated upon many waters, with whom the rulers of the world have committed sin, and with the wine of whose immorality the worldly have become drunk.” And he carried me into the wilderness, and I saw a woman sitting on a scarlet beast, full of blasphemous names, with seven heads and ten horns. The woman was arrayed in purple and scarlet, adorned with riches, holding in her hand a golden cup full of idolatry and the impurities of her lawlessness; and on her forehead was written a name of mystery: 'Babylon the great, mother of harlots and of earth’s abominations.'"

Revelation 17:1-6

"The wealth of another region excites their greed; and if it is weak, their lust for power as well.  Nothing from the rising to the setting of the sun is enough for them.   Among all others only they are compelled to attack the poor as well as the rich.  Robbery, rape, and slaughter they falsely call empire; and where they make a desert, they call it peace."

Tacitus

"We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men.  Do remember that dishonesty and cowardice always have to be paid for.   Don't imagine that for years on end you can make yourself the boot-licking propagandist of any régime, and then suddenly return to mental decency."

George Orwell

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects."

R. J. Rummel, Death by Government: A History of Mass Murder and Genocide Since 1900

"Then the kings of the earth, their nobles and their commanders, the rich, the powerful, and every one of their willing slaves and free men, hid in the caves and among the rocks of the mountains.  And they cried to the mountains and the rocks, 'Fall on us, and hide us from the face of the one who sits on the throne, and from the righteous anger of the Lamb.'"

Rev 6:15-16

Stocks slid on a worse than expected report from retail giant Target.

Some were puzzled about the miss in Target, and the exception report from rival Walmart.

The short answer is Walmart's grocery business, which carried the day for them.

Gold and silver were weak to chopping sideways.

The Dollar also show a weak, sideways move.

Stock index option expiration on Friday.

It turns out that the missiles that struck Poland were of Ukrainian origin.

What a surprise.

Have a pleasant evening.