Stocks and Precious Metals Charts - Spurious Realities and Toxic Delusions of Power

 

"We have always known that heedless self-interest was bad morals; we know now that it is bad economics.  Out of the collapse of a prosperity whose builders boasted their practicality has come the conviction that in the long run economic morality pays. We are beginning to abandon our tolerance of the abuse of power by those who betray for profit the elementary decencies of life. In this process evil things formerly accepted will not be so easily condoned."

Franklin D Roosevelt, Second Inaugural Address, January 1937

"At times the truth shines so brilliantly that we perceive it as clear as day.  But then our nature and habit draw a veil over our perception, and we return to a darkness almost as dense as before.  We are like those who, though beholding frequent flashes of lightning, still find themselves in the thickest darkness of the night.

When I have a difficult subject before me—when I find the road narrow, and can see no other way of teaching a well established truth except by pleasing one intelligent man and displeasing ten thousand fools—I prefer to address myself to the one man, and to take no notice whatever of the condemnation of the multitude.  I prefer to extricate that intelligent man from his embarrassment and show him the cause of his perplexity, so that he may attain perfection and be at peace."

Moses Maimonides, Moreh Nevuchim, The Guide for the Perplexed, 1190

"Today we live in a society in which spurious realities are manufactured by the media, by governments, by big corporations, by religious groups, political groups...  So I ask, in my writing, 'what is real?'  Because unceasingly we are bombarded with pseudo-realities manufactured by very sophisticated people using very sophisticated electronic mechanisms.  I do not distrust their motives; I distrust their power.  They have a lot of it."

Philip K. Dick, A Universe That Doesn’t Fall Apart Two Days Later, 1978

"All the world marveled at this, and gave their allegiance to the Beast. And they worshiped the dragon for giving such power to him. as they also worshiped the Beast. 'Who is as great as the Beast?' they exclaimed.  'Who is able to resist him?'  And the Beast was allowed to commit great blasphemies against God."

Revelation 13:3-5


Stocks came in wobbly, and went up and down in their usual willful way.  

Down they went and a proper selloff was averted, once again, with some obvious propping into the close.

Gold and silver sustained an early smackdown, but in the end gained some ground.

The Dollar fell rather sharply and obviously.

There will be a Non-Farm Payrolls report this coming Friday.

Lawlessness and self-dealing is the fashion of the day, with a heavy dose of malignant narcissism. 

Crimes again international law and humanity are defended with duplicity and hypocrisy.  

The Constitution itself is battered by money and the will to power.

How all this will end only God knows.  But these things rarely end anywhere but badly.

History is incredulous at servile lack of decency and willful collaboration in the face of madness.

"Why do German people behave so apathetically in the face of all these abominable crimes, crimes so unworthy of the human race?   The German people slumber on in their dull, stupid sleep and encourage these fascist criminals; they give them the opportunity to carry on their depredations; and of course they do so. 

Is this a sign that the Germans are brutalized in their simplest human feelings, that no chord within them cries out at the sight of such deeds, that they have sunk into a fatal consciencelessness from which they will never, never awake?"

The White Rose, Second Leaflet, Munich 1942

And yet despite all this, the world though fallen is redeemed. 

Have a pleasant evening.

 

Stocks and Precious Metals Charts - Servants of Desolation

 

"Hell for all eternity, for so little in exchange.  If there are damned souls in Hell, it is because men blind themselves.”

E.A. Bucchianeri, Faust: My Soul Be Damned for the World, 2008

“When pride comes, then comes disgrace.  But with disgrace comes humility, and with humility comes wisdom. The humility of the righteous will guide them, but the deceitfulness of the proud will destroy them."

Proverbs 11:2-3

"For to admit that the Reich was a lie, and a mistake, that they were fanatical fools, and Hitler an incompetent creature of evil would be to admit that one was wrong, a failure, and worse, had become an accomplice to an unimaginable evil.   To accept that guilt, to admit one's complicity in such a horrendous assault on justice, to humble oneself and ask for forgiveness, would have taken a heroic act of self-awareness, humility and repentance.

And worse, for these fanatics, it would diminish their pride, which was at the foundation of the most fervent supporters of such flamboyant excess.   That, and a desire to become beasts, to lose themselves in their mindless fanaticism, and escape the pain of being men.  And so they struck out, and killed everything that held up a mirror to their darkened souls, and showed them that their pride was based on a lie."

Jesse, Seth the Arbiter of Chaos, 15 May 2018

“There are only two kinds of people in the end— those who say to God, 'Thy will be done,' and those to whom God says, in the end, 'Thy will be done.'  All that are in Hell choose it.  Without that self-choice there could be no Hell.”

C.S. Lewis, The Great Divorce, 1945

"O Jerusalem, Jerusalem, you who kill the prophets and stone those sent to you, how often I have longed to gather your children together, as a hen gathers her chicks under her wings, and you were not willing.  Behold, your house is now yours, but is made desolate."

Matthew 23:37-38

Stocks turned around their early losses and managed to post a decent rally into the close.

This is all going to end in tears.   Like most of the deceptions of madness.

Gold and silver were smacked lower, silver with some particular vigor, as a 'coda' to the recent futures option expiration on the Comex.   

These fellows are not particularly clever or adept.  

The Dollar bounced back a bit.

The US Treasury Secretary Scott Bessent is reportedly calling for a new 'Bretton Woods 2.0' agreement.

I think the BRICs will be an interesting nut to crack on that one, Scott.

But I am sure the imperial dependencies can be counted on to fall into line.

Madness.

Have a pleasant weekend.

Stocks and Precious Metals Charts - When Nations Go Mad

 

"The differences between us may go all the way down. They may be intending to make a clean sweep of traditional values and start with a new set. What I have called the trousered ape and the urban blockhead may be precisely the kind of man they really wish to produce."

C.S. Lewis, The Abolition of Man, 1943

"If history is what is recorded, then deep history is the sum of events which tend to be officially obscured or even suppressed in traditional books and media.  All these deep events have involved what I call the deep state, that part of the state which is not publicly accountable, and pursues its goals by means which will not be approved by a public examination."

Peter Dale Scott, 9/11, JFK, and War: Recurring Patterns, 2013

"When we are the victims of an illusion we do not feel it to be an illusion but a reality.  It is the same perhaps with evil.  Evil when we are in its power is not felt as evil but as a necessity, or even a duty.  Once a certain class of people has been placed by the temporal and spiritual authorities outside the ranks of those whose life has value, then nothing comes more naturally to men than murder.  As soon as men know they that they can kill without fear of punishment or blame, they kill; or at least they encourage killers with approving smiles."

Simone Weil, La Pesanteur et la Grâce, 1947

“In reading The History of Nations, we find that, like individuals, they have their whims and their peculiarities, their seasons of excitement and recklessness, when they care not what they do. We find that whole communities suddenly fix their minds upon one object and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion, and run after it.”

Charles MacKay, Extraordinary Popular Delusions and the Madness of Crowds, 1841


We are urged to say nothing untoward about our betters, the Übermensch, who find it their duty to enable and commit cruelty and murder en masse. 

We are further not in any way to make those of refined sensibilities who give themselves over to the beast, to the lust for blood, feel in any way uncomfortable.

Some days I just do not have the words, and so I will say only this. God is not mocked, and what a man sows, so shall he reap.  

Slowly perhaps, but inevitability.

Why don't you speak more plainly?

You cannot hear, because you will your ears closed shut, as your hearts have become hardened.

Stocks rallied again today, no doubt proving somehow that the mad King's tariff strategy is finding approval in the world, or at least in the part of it that counts.

Gold rebounded nicely after yesterday's smackdown.  Silver struggled a bit, as it was an option expiration day for them on the Comex.  But they recovered from it rather nicely by the close. 

Let's see if there is any follow up shenanigans tomorrow.

VIX fell, being suitably anesthetized by the powers of the exchange stabilizers.

Let's see what new madness tomorrow and the weekend bring.

"The best lack all conviction, while the worst are filled with passionate intensity."
W. B. Yeats

Have a pleasant evening.

Stocks and Precious Metals Charts - We Have Not Eyes To See the Lord

 

"We are slow to master the great truth, that Christ is, as it were, walking among us, and by His hand, or eye, or voice, bidding us follow Him.  We do not understand that His call is a thing which takes place now.  We think it took place in the Apostles' days; but we do not believe in it, we do not look out for it in our own case.  We have not eyes to see the Lord."

John Henry Newman, Divine Calls, Parochial Sermons 8,2

"Now that very day two of them were going to a village seven miles from Jerusalem called Emmaus, and they were conversing about all the things that had occurred.  And it happened that while they were conversing and debating, Jesus himself drew near and walked with them, but their eyes were prevented from recognizing him.  He asked them, “What are you discussing as you walk along?”

They stopped, looking downcast.  One of them, named Cleopas, said to him in reply, “Are you the only visitor to Jerusalem who does not know of the things that have taken place there in these days?”  And he replied to them, “What sort of things?”  They said to him, “The things that happened to Jesus the Nazarene, who was a prophet mighty in deed and word before God and all the people, how our chief priests and rulers both handed him over to a sentence of death and crucified him.  But we were hoping that he would be the one to redeem Israel; and besides all this, it is now the third day since this took place.

Some women from our group, however, have astounded us: they were at the tomb early in the morning and did not find his body.  They came back and reported that they had indeed seen a vision of angels who announced that he was alive.  Then some of those with us went to the tomb and found things just as the women had described, but him they did not see.”

And he said to them, “Oh, how foolish you are.  How slow of heart to believe all that the prophets spoke. Was it not necessary that the Messiah should suffer these things and enter into his glory?”  Then beginning with Moses and all the prophets, he interpreted to them what referred to him in all the scriptures.  As they approached the village to which they were going, he gave the impression that he was going on farther.  But they urged him, “Stay with us, for it is nearly evening and the day is almost over.”  So he went in to stay with them.  And it happened that, while he was with them at table, he took bread, said the blessing, broke it, and gave it to them.  With that their eyes were opened and they recognized him, but he vanished from their sight."

Luke 24:13-31

"It will come to pass in the last days, God declares, that I will pour out my Spirit on all flesh.  Your sons and your daughters shall prophesy; your young men shall see visions, and your old men shall dream dreams."

Acts 2:17


People hear things of importance, the true words of life, but vain and petty distractions crowd them from our minds.  And so we fall into a selective obedience to the Word that suits us.   The only way to protect ourselves is to keep the love of neighbor as yourself, as God loves them, in your hearts.  But pride is the poison of our souls, and a powerful temptation.

Donny and His Merry Banksters managed to trigger another major relief rally today, using false hopes, rumors, and innuendos to provide more opportunities for the bubble transfer of wealth.

And of course the rally flopped into the close, being constructed of vapors.

Gold was slammed in a major way, as the Dollar bounced.

Silver on the other hand had a remarkable rally.

Did I mention that there is a Comex option expiration tomorrow for the precious metals, in a contract month that is more important for silver than gold?

VIX declined a bit.

Things are unraveling slowly but in a steady, seemingly inexorable way.   

Nothing good will come of this, the persecution of truth and the willful murder of innocence, an abomination that makes desolation, that causes the hearts of many to grow cold and fall away.

May God have mercy on us.