Gold Daily and Silver Weekly Charts - Non Farm Payrolls On Friday, End of Month Tomorrow

"Heroes. Victims. Gods and human beings.
All throwing shapes, every one of them
Convinced he's in the right, all of them glad
To repeat themselves and their every last mistake,
No matter what."

Seamus Heaney, The Cure At Troy

Today was the first position day for the October metals contracts.  First delivery will begin on Wednesday, 1 October.

China will go on a one week national holiday for 'Golden Week' on 1 October as well.

There was nothing of particular interest in the delivery reports on the Comex for Friday, and some minor movements of bullion out of their warehouses and registered categories.

We are in an endgame.  We do not know how long it will last.  But the East is buying bullion with paper money at a fairly stiff pace.   And since the financiers have not yet figured out how to create real precious metals, just fakes and frauds of them, there will be an end to it.

The malefactors may not go quietly.  They have blood on their hands, and they will carry this mark with them, forever.  They may never be discovered or held to account in this world, if that is what God wills.  They may even continue to strut about and offer their opinions and prescriptions to their victims unashamedly.  But there will be an end to it, and a final reckoning.  To think otherwise is the opium of the powerful.  They never see it coming.

The Recovery™ is a charade.   The reason for this is quite simple, and it can be seen in one chart here. 

It should be no surprise that the pig men are getting carried away.  There does not appear to be anyone to save them from themselves this time, to raise a flag and turn them at the edge of the abyss.  Who could stop, when it feels so good to be winning.

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Late Day Buying in Weak Markets

"Suddenly, abused and battered wives or children, the unemployed, the depressed and mentally ill, the illiterate, the lonely, those grieving for lost loved ones, those crushed by poverty, the terminally ill, those fighting with addictions, those suffering from trauma, those trapped in menial and poorly paid jobs, those whose homes are in foreclosure or who are filing for bankruptcy because they cannot pay their medical bills, are to blame for their negativity.

The ideology justifies the cruelty of unfettered capitalism, shifting the blame from the power elite to those whom they oppress."

Chris Hedges


"Narcissism falls along the axis of what psychologists call personality disorders, one of a group that includes antisocial, dependent, histrionic, avoidant and borderline personalities.

But by most measures, narcissism is one of the worst, if only because the narcissists themselves are so clueless."

Jeffrey Kluger

Stocks continued to move weakly most of the day, with the usual late day dip buying ahead of the end of the month which is tomorrow.

Nonfarm Payrolls for September are due out on Friday.

Have a pleasant evening.

What Frightens You?

Do you think that you are the only one who is ever frightened?  Are you frightened of those who are powerful, of the things that can hurt you?   Do you fear loneliness, incapacity, pain?

What frightens you frightens them, frightens us all.   But with a difference.

The difference is that they who serve the world have a harsh and uncaring master, who will never comfort them, now or in the future.  They trust in power, but they have only their only refuge in temporary diversions, oblivion, and death.  

We trust in our weakness, and God's love.  We will never be truly alone, if keep our eyes on His light, and our footsteps in His ways.   We are in His hands, always, even when we do not know it.   Sometimes we are called to be His hands, His voice, and His touch.  But most can be glad that they are not called to great acts, but merely small daily things, such as self denial, and patience, and faithfulness.

This is the nature of our warfare: we rise by falling.  This is the law of God's economy.