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Shameless, Fearless of Consequences - Metals Hit For Expiration

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Published : February 27th, 2021
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Category : GoldWire
"The oligarchic character of the modern English commonwealth does not rest, like many oligarchies, on the cruelty of the rich to the poor.  It does not even rest on the kindness of the rich to the poor.  

It rests on the perennial and unfailing kindness of the poor to the rich." 

G. K. Chesterton

“Ayn Rand's 'philosophy' is nearly perfect in its immorality, which makes the size of her audience all the more ominous and symptomatic as we enter a curious new phase in our society to justify and extol human greed and egotism.   

We are the United States of Amnesia, we learn nothing because we remember nothing.” 

Gore Vidal

"But there is a sort of 'Ok guys, you're mad, but how are you going to stop me' mentality at the top." 

Robert Johnson, Audacious Oligarchy 

"We've become, now, an oligarchy instead of a democracy. I think that's been the worst damage to the basic moral and ethical standards to the American political system that I've ever seen in my life." 

Jimmy Carter 

"Crime, once exposed, has no refuge but in audacity.” 

Tacitus

Gold and silver were hit this morning, as is expected on a Comex Option Expiration n the Futures Contracts.

Silver is in an active month for March and was hit particularly hard.

But the metals seemed to claw their way back.

Silver is very much worth watching.

Stocks took a serious dive.   They were clawed back in the afternoon trade.

At some point, and it may be sooner rather than later,  they are going to take a dive, and the rescue attempt is going to fizzle.  

And away we go on this latest round of bubble and bust, compliments of a corrupt financial system.

I was discussing the metals action with a friend today, and observed that there is likely to be more counter-intuitive action in the metals as the shortage of physical worsens and the leverage and asset fraud intensify. 

An ordinary person, when caught in a bad situation, tends to gather themselves together and try to pull out of it, to make a break.

Not so with conmen and sociopaths.  They continue to double down and inflate their bluffs, feeling confident that they can talk their way out of anything.

And as further incentive, in this captured regulatory climate, when caught they are most likely to get a wristslap and a generous bailout.

Or as was so recently demonstrated in Texas, they can just point the finger at strawmen and channel the anger of the abused away from themselves, the real abusers.

We are so foolish and stupid and pig-headed and undeserving. 

And it seems as though the worse we are, the louder and prouder we get.

God must truly be great and His mercy vast, to love us, much less suffer and die for us.  

Have a pleasant evening.


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