““Pride gets no pleasure out of having something, only out of having more of it than the next man. It is the comparison that makes you proud: the pleasure of being above the rest.
As long as you are proud you cannot know God. A proud man is always looking down on thing and people: and, of course, as long as you are looking down you cannot see something that is above you.”
C.S. Lewis, Mere Christianity
A crash is coming. The only question now is when.
This next bust may be the pièces de résistance of the bust and bubble economy which we have been enjoying for over thirty years now, compliments of the moneyed interests, the captive regulators, enablers in politics and the media, and their pliable Federal Reserve Bank.
Stocks hit new highs today.
The Dollar rallied a little.
Gold and silver were off a bit.
Don't get in front of this, but know that this is a castle of glitter, built on a sandy foundation of corruption and illusions.
Have a pleasant weekend.
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