SD Friday Wrap: Why did gold & silver refuse to buckle this week? The answer is as simple as it is maddening…
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WARNING: GRAPHIC TOPICS & OFFENSIVE LANGUAGE
Editor’s Note: This post is subjective opinion, and you will get offended, so it’s probably best to just hit the back button right now and not read this post at all.
CAUTION: DO NOT READ IF EASILY OFFENDED
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Sick and twisted?
That description works.
I asked if I just don’t get it?
But I wasn’t really asking a question.
I was trying to get people to remove their blinders.
It is all too clear, however, that my efforts are beyond futile.
I had this friend once.
He got me to challenge my thinking on …***9/11***…
And that was the moment that I “woke-up”.
Even though I think this whole notion of being “awake” is stupid.
What good is it to be awake if one takes no action to correct the situation?
I’ll tell you what good it is: So people can feel “holier than thou” because they’re “awake”.
That’s really all it is.
What a shame.
But if one is being played, and if one gladly plays along, then how can one even be awake in the first place?
I’m not sure if that is sad, or if that is just pathetic?
The friend who woke me up is now totally an anti-Trump, leftist nutcase like all the others.
And that’s not the sad part.
The sad part is that he was once awake.
Then after knowing the truth, he fell back to sleep.
And that is where we are right now with the entire nation.
Case in point:
Yes it “is so bad”.
But there is a problem.
The problem is with the action.
Specifically, the problem is the lack of action.
You see, if our President can give an order for this, or give an order for that, and if he can snap his fingers to instantly, as if magically making everything great again, which, according to the Red Hats, he already has and then some, do this or that, then why does he allow CNN, which is far worse than fake news, to infiltrate our nation’s elementary schools and literally brainwash the future of America?
I mean, if he can order action be taken on specific individuals:
I have instructed Secretary of State Mike Pompeo, and he fully agrees, not to allow Hoda Muthana back into the Country!
— Donald J. Trump (@realDonaldTrump) February 20, 2019
Why can’t Trump order US public schools to not air CNN, or at least not air CNN in our freakin’ elementary schools?
Maybe it’s because he’s not the Patriot the about-to-be-sold-down-the-river Red Hats think he is?
If he’s not the Patriot which the duped and drunk masses think he is, then what is he?
Sorry, I’m not just going to let that one slide as a rhetorical question.
So I’ll tell you: He’s a Swamp Creature in Patriot’s clothing.
But just like my old friend who went back to sleep.
So too will the Red Hats go back to sleep.
Only there will be no nice sweet dreams.
It’ll be one brutally hellish nightmare.
As the entire nation devours itself.
And I’m talking figuratively.
Yet probably literally.
Before life in the USA turns into one hellish nightmare, we will first descend into total madness.
We have slid so far down that slope, we have probably already totally descended.
On that note, I’m starting to get an uneasy feeling about this weekend.
Something feels wrong, but I’m not sure exactly what it is.
Will the US military “formally” operate in Venezuela?
Not that Maduroland isn’t filled with CIA already.
Or is some kind of false flag on deck?
I’m not sure, so I’m asking.
I have no crystal ball.
No special insight.
It’s just a hunch.
And at that?
A bad one.
Gold & silver have that hunch too.
That’s why they refuse to budge right now.
Interestingly, the “fear trade” has barely started.
How do we know?
The left doesn’t have a clue nor have any money to buy any protection in the form of gold & silver.
And while the left has been effectively brainwashed, the left is also effectively useless.
FEMA Camp USA is going to show no mercy for the left.
But what about the Red Hats?
Well, they’re going down with the ship.
So they’re also going to lose every single thing.
In other words, the Red Hats won’t have any protection either.
So who will be the people buying gold & silver hand-over-fist and out of sheer fear?
It’s going to be the foreigners who are desperately trying to get rid of their dollars.
US dollars, like it or not, and ready or not, are going full Venezuelan bolivar.
It will likely happen much, much faster than people think it will happen.
Because Americans are too brainwashed or too drunk on Kool-Aid.
Being in one of those states-of-mind hinders the ability to act.
Those who don’t act will fare like the poor Venezuelans.
It’s funny too, but in a dark humor kind of way.
Because the Red Hats blame evil Maduro.
But when our military points inward?
Red dots on fellow Americans?
Who will get the blame?
It doesn’t matter.
It’ll be too little, too late.
The weak will be overwhelmed.
The strong will be blindsided and stunned.
Overwhelmed, blindsided & stunned also hinders ability.
It will really be one hell of a double-whammy for the unprepared.
I don’t wish that on anybody, but there is no hope for 99.999% of Americans.
OK, “Hey Half Dollar, C’mon man, you’re losin’ it. You’re the one who’s going mad, and we’re only Making America Great Again, so do you want to tell us exactly how we’re descending into madness you anti-American President Donald J. Trump hatin’ leftist scumbag?”.
All rightly then.
Look who’s mumbling now.
You’re one of those angry drunks.
But that’s the funny thing about drinking.
People tend to confuse their madness for anger.
And the pathetic part is that most can’t even see it.
So you want me to tell you exactly how we’re going mad?
I’ll tell you.
And I’ll ask it as a question: Can you honestly name one good thing President Trump has done for America?
And therein lies the madness.
Well, let me say it this way: The Red Hats have a brown coating on their noses so thick that if it was peanut butter, you could spread it on bread and not only feed the entirety of Venezuela with it, but they would quickly become the world leader in obesity with the amount of calories in that spread.
OK, “Hey Half Dollar, that made no sense”.
Half the time I confuse myself.
What I mean to say is that the Red Hats think our President farts pure glory, so the Red Hats all have their faces rammed so far up his sphincter just trying to catch a whiff of one, with the hopes of catching some trickle-down glory, that it’s, well, it’s madness.
OK, “Hey Half dollar, what about the left?
What about them?
No skin in the game.
They’ve lost their senses.
They can’t smell anything anyway.
Nor will they see or hear whatever is coming.
And if either of my two examples were muddled, le’me try again.
Let me say it this way: President Trump has given everybody a teddy bear.
Only that’s not what really happened.
What really happened was while everybody was out slaving his or her day away for a constantly devalued debt-based fiat dollar, everybody’s dog just got its paws chopped-off with an ax, you know, so the dog won’t run away, and then the dog had its throat slit, you know, so it will bleed-out, but as it’s bleeding out, its fur was caught on fire, you know, ’cause you can’t put out a fire with piss unless there’s actually a fire.
Then we get home from our slave labor.
There’s a note pinned on what looks like the charred remains of a dog which says, “Wanted to make your life a little better, so I brought you this teddy bear”.
Kind of like that.
What a pleasant surprise.
Everybody gets a teddy bear!
Damned are those who see it otherwise.
How anybody believes the stock market isn’t manipulated 24/7 is beyond me:
Well, I guess it could be natural.
I mean look, it says it right there on the screen:
Since in bull markets people buy on the dip, well then, we might as well stock up.
Yes, for once within my semi-amateur writing, I tried a pun.
I get it: the pun was moderately crappy.
But how ’bout that stock market?
I mean, talk about a joke!
But I digress.
Fear has fallen to a 13-handle:
Why wouldn’t it?
It’s nothing but unicorns and rainbows (and MAGA, mid-2017ish of course) as far as the eye can see.
Yield on the 10-Year Note is still range-bound:
I still think yields will come down, however, before we get the runaway hyperinflation and skyrocketing interest rates.
OK, “Hey Half Dollar, everybody knows you can’t do no stinkin’ technical analysis, so let me go ahead and inform the readers that the pattern we see on the far right-side of the chart above is called a ‘bear wedge’, and that’s bearish!”.
Thanks for explaining the chart to everybody.
My lack of skills is no match for your’s.
Your non-lack of skills I do refer.
I mean, I got no T/A skills.
So you gotta be right.
The dollar is also range-bound:
What’s going to happen to the dollar when the US military invades Venezuela?
Copper is performing just like I said it would:
We’ve rallied more than 16% off the lows from the beginning of the year.
Crude oil may now become the group-thunk self-fulfilling prophecy I said crude oil would become:
Crude oil is rising in spite of a dollar that has gone nowhere for months.
Like a tax cut?
Soon, so much for that.
From greatness to scapegoating.
Even gas prices are part of the evil plan.
Platinum had another good week with another breakout:
Platinum also has a ton of catching-up to do.
Palladium has started the sideways consolidation I’ve been looking for:
I’m looking for more sideways consolidation into next week, but it might not last.
Well, physical palladium is indeed a thing.
And it’s in short supply.
Gold had a rough couple of days this week:
We didn’t get above $1350 like I thought we would, but the closer we creep to $1350, the more likely it becomes that we blow right through it.
That will ultimately be important because $1360 to $1375 has been the cartel’s line in the sand for years.
It’s high tide though, and that line’s gonna vanish.
Silver also had a rough couple of days:
However, that golden cross on silver’s daily chart is super bullish looking.
And the trend is your friend.
The mid-week smash looks like a flash sale on the gold-to-silver ratio arbitrage play
Which is great news for anybody looking to make a purchase this weekend.
We can sum-up the bottom line for the week in one word: Madness.
As a nation, we are descending into total madness.
We’re pulling the entire world in with us too.
The problem with madness is simple –
Once we’re there, it’s all over.
There is no turning back.
Are we there yet?
– 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, an active amateur trader, and a Silver Bug at heart.