“Some madness doesn't act mad to begin with, sometimes it will knock politely at the door, and when you let it in, it'll simply sit in the corner without a fuss — and grow.”
Nathan Filer
"The greatest want of the world is the want of men — men who will not be bought or sold; men who in their inmost souls are true and honest; men who do not fear to call sin by its right name; men whose conscience is as true to duty as the needle to the pole; men who will stand for the right though the heavens fall."
Ellen G. White
"And this is the judgement, that the light has come into the world, and people love the darkness rather than light, because their deeds are evil."
John 3:19
"The great banks and insurance houses where surplus wealth is kept among us. That surplus wealth, produced by the cheap labor of 'peasants', must now be protected from the peasants by law and by military force.
We labor and labor and labor for stuff that never satisfies us. The market ideology is now the new form of imperial power and many of us, without any critical reflection, have signed onto that, and organized our lives in that way so we do not have any time, energy or capacity for the things that are rightly important to us, our humanness."
Walter Brueggemann,
Truth To Power
"With tears in my eyes I tell you now that some may be lost, forever. For their desires are the god that they worship. They boast with pride about things of which they should be ashamed. They think only about the privileges and glories of this world."
Philippians 3:19-20
A wave of enthusiasm for a Fed pivot to rate cuts took the markets by storm, given the mild PPI numbers.
This was reflected in another sharp decline in the dollar back towards the DXY 100 handle.
Gold and silver rose higher, and are now pushing up against breakout resistance levels.
Equities also had a made rally with the SP 500 now firmly set against the resistance that has triggered several failed rallies in the recent past.
VIX is showing some complacency.
Let's see how we tomorrow and into the weekend.
Have a pleasant evening.
