Stocks and Precious Metals Charts - In Remembering We Save Ourselves

 

"Many will become addicted to hateful and malicious thoughts and hateful words.   Slaves to their desires, they will be ferocious, angry despisers of what is good and right.   With brutal treachery, they will act without restraint, bigoted and blinded by clouds of conceit.   They will demand and find their delight in the pleasures of this world, and ignore their need to serve God.   They may act religious, but they want to serve themselves."

2 Timothy 3:1-5


“I, as a human being, a Christian, a priest, and a German, demand of you, Chief Physician of the Reich, that you answer for the crimes that have been perpetrated at your bidding, and with your consent, and which will call forth the vengeance of the Lord on the heads of the German people.

I reject with my innermost the evacuation [deportation of Jews] with all its side effects, because it is directed against the most important commandment of Christianity, ‘You shall love your neighbor as much as you love yourself.’ And I recognize the Jew too as my neighbor, who possesses an immortal soul, shaped after the likeness of God.  However, since I cannot prevent this governmental measure, I have made up my mind to accompany the deported Jews and Christian Jews into exile, in order to give them spiritual aid.  I wish to use this opportunity to ask the Gestapo to give me this opportunity."

Bernhard Lichtenberg, died Dachau 1943, beatified 1996, declared 'righteous among the nations' 2004

"In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter, any attack, even on the least of men, is an attack on Christ, who took on the form of man, and in his own Person restored the image of God in all. Through our relationship with the Incarnation, we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our solidarity with all mankind."

Dietrich Bonhoeffer


"I wonder whether people who ask God to intervene openly and directly in our world quite realise what it will be like when He does. Then 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.  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."

C. S. Lewis, Mere Christianity, 1944


"Someone told me that in Germany these days, no one really knows or cares about Sophie Scholl, and the White Rose Society.  I know.  I remember.  And I care.

And if I ever meet her and the others like her, who gave themselves up for what is good, who became beacons of light for us in the long, dark hallways of history, I hope I can say, 'I did not forget you.'"

Jesse, But If Not, 29 February 2012

"When humanity, subjugated by the terror of crime, has been driven mad by fear and horror, and when chaos has become the supreme law, then the time for the empire of lawlessness will have come."

Friedrich Rudolf Klein-Rogge, Das Testament des Dr. Mabuse

 

It is important not to fill your minds, and your children's hearts, with the darkness of the haters, dividers and destroyers. 

Their objective is to strip society of its decency, and give a freer hand to their unbridled greed and lust for power.

 It leaves you vulnerable to their lawlessness, without an anchor in the storms.

Stocks continued to slump after the immaculate disinflation rally boogie woogie rally.

Gold popped.  

If it can hold these levels through the stock option expiration tomorrow and the Comex option expiration next week, we might have a breakout in play.

Silver managed to reclaim its big early hit in sympathy with stocks.

Let's see how we go into the weekend.

Jesse, why do you spend so much of our time on this 'religious stuff.'

Never discount the state and value of your soul, because that's what this is all about. 

Have a pleasant evening.

Stocks and Precious Metals Charts - The Sick Rose - Wash and Rinse Continues

 

"America is caught in a confidence or credibility trap, in which the changes, investigations, and reforms necessary to restore trust to an economy or market are rendered unlikely because doing so would expose a pervasive corruption that the principals fear would destroy any remaining trust.  It could also endanger the careers of politicians and business people who may have permitted and even appeared to facilitate the control fraud that caused the financial crisis in the first place.  Personal risk trumps public stewardship.

The fraudulent activity is covered up and therefore continues or at the very least appears to continue, crowding out most productive business investment and activity which cannot possibly hope to compete with the highly profitable fraudulent activity and asset bubbles under such opaque and uncertain circumstances.  Informed market participants are unwilling to invest their liquid assets in a system which they suspect is riddled with accounting fraud, insider trading, and regulatory weaknesses, except of course in a few situations and somewhat ironically in some existing frauds which they think they understand."

Jesse, America Is Caught in a Credibility Trap, 22 January 2011

"Those who plot impossible upheavals among us are either young and do not know our people, or are hard-hearted men who do not care a bit about their own lives or those of others.”

Alexander Pushkin

“Sometimes people hold a core belief that is very strong.  When they are presented with evidence that works against that belief, the new evidence cannot be accepted.  It would create a feeling that is extremely uncomfortable, called cognitive dissonance.  And because it is so important to protect the core belief, they will rationalize, ignore and even deny anything that doesn't fit in with the core belief.”

Frantz Fanon

“'Is it lawful to do good on the sabbath rather than to do evil, to save life rather than to destroy it?', he asked.  But they remained silent.  Looking at them with anger, and saddened by the hardness of their hearts, he said to the man, 'Stretch out your hand.'  The man stretched out his hand and was healed.  The Pharisees went out and that same day began to plot with the Herodians to put him to death."

Mark 3:4-6

 

A week ago the risk markets were rallying heedless and hard on storied expectations of an 'immaculate disinflation.'

The Wall Street storytellers were spreading this fantasy aggressively.   For that is what they do.

But alas, this week the belief in a painless soft landing has dissipated, and the markets fell, hard.

And so rinse follows wash.  And the capital of a nation continues to be transferred.

It's just how things are. And questioning the narrative is disloyal to the status quo, the privileged few, and their cadres of sock puppets, breathless boobs, political Pharisees, and compromised deniers.

This is how entire nations have been transformed into war-scarred wastelands.

And the Lord looks on in anger.

So stocks fell, hard, and went out near the lows.

Gold and silver even moreso were hit a bit, as risk perceptions reverted to the mean.

The Dollar chopped sideways.

There will be a stock index option expiration on Friday.

Have a pleasant evening.

Stocks and Precious Metals Charts - "C'est pour cela que je fus nais" - Stock Option Expiration on Friday

 

“She was truthful when lying was the common speech of men; she was honest when honesty was become a lost virtue; she was a keeper of promises when the keeping of a promise was expected of no one; she gave her great mind to great thoughts and great purposes when other great minds wasted themselves upon pretty fancies or upon poor ambitions; she was modest, and fine, and delicate when to be loud and coarse might be said to be universal; she was full of pity when a merciless cruelty was the rule; she was steadfast when stability was unknown, and honorable in an age which had forgotten what honor was; she was a rock of convictions in a time when men believed in nothing and scoffed at all things.

She was unfailingly true to an age that was false to the core; she maintained her personal dignity unimpaired in an age of fawnings and servilities; she was of a dauntless courage when hope and courage had perished in the hearts of her nation; she was spotlessly pure in mind and body when society in the highest places was foul in both—she was all these things in an age when crime was the common business of lords and princes, and when the highest personages in Christendom were able to astonish even that infamous era and make it stand aghast at the spectacle of their atrocious lives black with unimaginable treacheries, butcheries, and beastialities.   Whatever thing men call great, look for it in Joan of Arc, and there you will find it.”

Mark Twain, Joan of Arc

"Children say that people are hanged sometimes for speaking the truth.  You say that you are my judge.  I do not know if you are.  But I tell you that you must take good care not to judge me wrongly, because you will put yourself in great danger. I warn you, so that if God punishes you for it, I would have done my duty by telling you."

Jeanne d'Arc, Trial records, 15 March 1431

"Joan was a being so uplifted from the ordinary run of mankind that she finds no equal in a thousand years. She embodied the natural goodness and valour of the human race in unexampled perfection. Unconquerable courage, infinite compassion, the virtue of the simple, the wisdom of the just, shone forth in her. She glorifies as she freed the soil from which she sprang."

Winston Churchill, The Birth of Britain


Stocks were wobbly most of the day. 

The VIX edged higher off its recent low.

Gold and silver were hit as the Dollar moved sideways.

Must be an option expiration for stocks coming this Friday.

A large chunk of physical gold went walkabout from the Hong Kong Comex warehouses over the US holiday.

Have a pleasant evening.