Bear Trap? After Months Of Consolidation, Everybody’s Now Super Bearish On Gold & Silver

Can’t get bikes at the bike store, can’t get trucks at the car lot, and can’t get coins at the coin dealer, yet gold & silver are crashing? Funny…

Hmm.

Bear trap?

I know, right?

As if the charts matter.

The only thing that matters, if one stoops so low as to trade unbacked, debt-based fiat currency dependent on exponential, unsustainable growth in the financial “markets”, is how close one actually is to the inside information, be that proximity in the vile, corrupt market rigging itself, or be that proximity pinpoint accurate in the sense of real-time information from said vile, corrupt market riggers.

Now, from time to time they’ll paint you a pretty picture on the chart so everybody can go huddle around the Market Gurus as they say, “see, I told you so”, even though all they ever do is call it both red and green when the actual color comes up blue.

But I digress.

Has anybody taken a look around lately?

Weren’t the “supply chain disruptions” supposed to be temporary?

Most people think I’ve fallen off my rocker again when I say I think the crack-up boom has begun, but when it comes to the stuff we need, it sure looks that way to me.

Just go down to your local Walmart, or to your local Target, or to your local Whatever, and take a look around.

Those stores are still pretty well stocked with what is now overpriced, useless crap, like “just thinking of you” cards and toys made for the 3 to 5 years of age target demographic, but when it comes to the stuff you need, the selection is very, very slim, if what you’re looking for is available at all.

Here’s an example: Bicycles.

My local Walmart usually has about 100 bikes in stock, with many, many more bikes overflowing into Walmart’s “garden center” right about this time of year as we enter the holiday season.

And yet the other day, in my local Walmart, there were zero adult bikes and just a handful of about five or seven childish bikes for little kids.

Seriously.

And when it comes to food?

Good luck finding any yeast, still!

I’m speaking about my experiences with Walmart and Target specifically, but I’m also speaking about several different local locations.

But wait, there’s more!

Less actually, as in, a lot less selection of the staples, with some items severely limited in stock or altogether out of stock, and what is in stock only costs more.

For example, the salami I purchase usually costs $2.50.

Don’t judge.

At least it’s the “hard” salami.

And yet I haven’t been able to buy that salami for weeks, so I just paid over $3.50 for a lesser quantity of similar to equal quality.

No inflation, huh?

OK, “Hey Half Dollar, you don’t get it man, and you’re a terrible shopper and a lousy semi-amateur economist because you just substitute the salami for something else you big doofus!”.

Oh good grief!

What are you, some kind of believer in Fed Fairy Tales now?

I’m just supposed to substitute the hard salami for bologna, even though it’s not really the same?

You want me to pay the same and yet lower my standard of living?

Uh, no.

Now, it’s not just bikes and it’s not just food.

It’s also vehicles.

Specific vehicles, that is.

Sure, there’s an abundance of the latest and greatest (and very expensive) garbage offered for sale at ultra low interest rates over terms that likely outlast the vehicle itself, but “pray it lasts 100,000 miles without turning into either a junker or turning into a money pit” isn’t really my thing, and furthermore, there’s not so much of a selection of utility over luxury, or function over form, which are my things.

Long story short: That’s right folks, ‘Ol Half Dollar got rid of the old beater of a wannabe rally car and got back into a giddy up pick ’em up truck, and I had to go to another state just to get it!

I could have overpaid, of course, but I did pass basic math!

SIDE NOTE FIAT CURRENCY HYPERINFLATION WARNING: Especially as we enter the crack-up boom, a person who owns Bitcoin for any single reason other than for pure gambling is deficient in math, deficient in money, or deficient in technology.

And it’s not just that we are in the beginning stages of the crack-up boom in the more expensive durable goods.

It’s beginning in the less expensive and even arguably cheap durable goods.

Again, just walk around a few stores, look at the shelves, and you will find them half full to less than half full and bordering on downright empty.

It’s pretty scary.

Stuff like furniture, linens, kitchen appliances, and more are all in short supply.

And then there are other essential products, like motor oil.

Yeah, motor oil!

Let’s see here, there’s an over abundance of crude oil in this world floating around on stinkin’ ocean bound oil tankers, and some of them are even just wandering aimlessly with no specific place to go, and yet there’s not even an oil change’s worth of 10W-30 at my local Walmart?

What’s up with that?

People laugh when I say to get ready for $35 bottles of ranch salad dressing, for $1,500 pairs of tennis shoes and for $10,000 plane tickets, but that is exactly what’s coming.

And when it comes to the availability of coins from the coin dealer?

Don’t even get me started.

The selection is not there, or anywhere, unless one is willing to pay a very hefty premium over already elevated premiums due to supply and demand fundamentals.

And yet here comes $23 silver they say:

Heck yeah!

I say bring it!

I’d love to buy silver at $23, especially since premiums have comedown somewhat.

OK, “Hey Half Dollar, what about the Economic Impact Payments?”.

Good question, and yeah, I wonder about those too.

There aren’t that many days left in the fiscal year, so it is looking like I’ll be wrong as to the timing, but I do think they are coming again.

Besides, from the Deep State Globalists’ point of view, give the Americans a bunch of free funny money so they buy up all the stuff, and voila!

Globalists enjoy more mass starvation on the other side of the globe!

Which is another way of saying some ‘depopulation agenda’ freebies!

The calls in gold are even more crazy, and I’ve seen some calls for upper $1600s:

Funny.

The paper gold-to-silver ratio has crept back up to the mid-70s:

If it is not a bear trap in Gold & Silver, then it is a buying opportunity, and for all of the new stackers out there, I for one will be happy for you as those rapidly devaluing fiat dollars end up buying more real money.

Palladium is not looking too shabby:

I’d say here comes the “handle”, but then again, I don’t think the charts really matter all too much at this exact moment in time, so I won’t say it.

Platinum:

Get some.

Copper continues to tell us that inflation is here:

Breakout?

Crude oil has climbed back to a 40-handle:

While I no longer think we’ll fall into the low single digits, I’m not convinced we’ve seen the low.

We’ll see.

Was that a pun?

We’ll see.

Check out this “price discovery”:

It’s pretty disgusting, if you ask me.

Spooky-Spooky Season Starting Soon:

Very Violent Volatility Viciously Eviscerates?

What?

Everybody knows ‘Ol Half Dollar ain’t no World Class Writer, much less no dang Billy Shakespeare!

At this point, unless you’re on the very inside with accurate knowledge of the rigging, it’s really anybody’s guess:

Lower?

Higher?

Meh.

They don’t call it a rigged casino for nothing, you know!

OK, “Hey Half Dollar, they don’t call it that, you do!”.

Oh, stop.

Just stop.

And stop worrying about whether the dollar goes on a bear market rally from here:

It’s still a global game of Hot Potato, only the dollars aren’t oven baked, they’re nuked!

Bottom line as we find ourselves here this beautiful Monday in late September?

It is funny that everybody is so certain gold & silver are crashing from here.

If there is weakness and premiums don’t offset the smash, then pounce.

If you have not noticed, well, real stuff in the real world is vanishing.

High cost and cheap essential durable goods are in low supply.

When they are in supply, the selection is very limited.

Food staples are also in low supply right now.

So while I’m probably off on my timing.

I’m not off on what is happening.

Add in more fiscal stimulus?

The US dollar will go.

And will go fast.

Super fast?

Oh yeah.

Super.

Fast.

So.

Stack accordingly…

– Half Dollar


 

About the Author

U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, a former amateur trader, and a Silver Bug at heart.

Paul’s free book Gold & Silver 2.0: Tales from the Crypto can be found in the usual places like Amazon, Apple iBooks & Google Play, or online at PaulEberhart.com. Paul’s Twitter is @Paul_Eberhart.

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