Stocks And Precious Metals Charts - A Violent Indifference - The God Of The Market
"As everything in what used to be called creation becomes a commodity, human beings begin to look at one another, and at themselves, in a funny way, and they see price tags. There was a time when people spoke, at least occasionally, of 'inherent worth'— if not of things, then at least of persons.
It is sometimes said that since everything is for sale under the rule of The Market, nothing is sacred. Does anyone doubt that if the True Cross were ever really discovered, it would eventually find its way to Sotheby's? The Market is not omnipotent— yet. But the process is under way and it is gaining momentum."
Harvey Cox, The Market as God
Stocks managed to close with a decent gain today, with the SP 500 taking out the 3000 level.
This is just a 'round number' and is of little importance on the charts.
The Dollar and silver were mostly unchanged. Gold was off a bit on 'technical selling'.
The financiers seem very eager to get this market moving higher.Is this yet another phase in the latest smash and grab?
The discussion on Bloomberg this morning about Brexit was a caricature of the underlying reality.
Not one thing has changed.The mispricing of risks and the deliberate misshaping of the narrative continues.
Whom is it that this system serves? A man of the markets, reshaped in the image of an uncaring and violently indifferent god.
How sad it is, that no one pays attention to the wisdom of history, until the day that they look down and see the blood of their victims on their hands. And they hear the words of judgment that pierce the facade of their delusions with its truthfulness.
And then they at long last finally realize what they have become. And that they have given themselves over to the darkness, and are lost.
These violent delights have violent ends. And in their triumph, die.
Have a pleasant evening.
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None.