From Deplorable To Demoralized…Or Do I Just Not Get It?

SD Friday Wrap: Trump said some stuff about socialism this week, but he wasn’t really talking about socialism. He was talking about something far worse…

I’m starting to feel demoralized.

Do you know that feeling?

It’s that feeling you get when you think that finally, after three agonizing years, the people are starting to get it.

But they don’t get it.

It’s that feeling you get when you think that finally, after so many broken promises, the people are starting to get it.

But they don’t get it.

It’s that feeling you get when you think that finally, after being told so many lies, the people are starting to get it.

But they don’t get it.

It’s that feeling you get when you think that finally, just as nearly all hope was lost, the people are starting to get it.

Then BAM!

Let down again.

Like so many times before.

Just how many excuses can one person come up with to justify yet another solid fact that is undeniable evidence of that which is truly going on in America?

Well, I’m no mathematician, so I’m not sure of the exact number, but I’m pretty sure it’s a number that’s larger than Pi.

I thought the people would finally get it with what’s happening to Venezuela, but that just goes to show you what I get for thinking.

Talk about a sick joke!

As is this sick joke: People still think that what’s happening to Venezuela right now is some sort of genuine uprising of the people and not some Deep State globalist neocon overthrowing of a sovereign nation.

But hey, It’s just lowly Venezuela, right?

So we’ll just let that one slide.

But we can’t let it slide.

Can we let it slide?

Well.

Let’s see here.

There’s a problem with that.

You see, as soon as the “awoke” people get finished justifying what the Trump Administration is doing to Venezuela, there are two more Trump Administration atrocities already sliding down the chute.

In fact, the latest example is so egregious, so very bad, that it’s almost as if America just got a swift kick to the nuts.

From steel-toed boots.

No jockstrap.

No cup.

Seriously.

I mean, what excuse will be given when President Trump signs draconian gun control legislation that is being fast-tracked through congress right now?

Will the excuse be that somehow pissing and stomping on a burning US Flag, that tearing-up and shredding the US Constitution, that killing-off our last shreds of Liberty, and that taking away the peoples’ guns are all just the necessary steps needed to take-down the Deep State?

Which, of course, is all being done in the background?

And of which some great progress made?

Gimme a break.

I do get it.

I’m really hoping that somebody will prove me wrong.

But I doubt it.

Because I get it.

Now let’s get one thing out of the way: I’ve always been a Deplorable, but I’ve never been a Red Hat.

In fact, in my crude and in dire-need of a good proofreading Gold & Silver 2.0: Tales from the Crypto, I wrote this:

Half of the country consists of jobless and mindless zombie youth obsessed with socially dysfunctional media, and these youth have nothing better to do than to earn a few dollars by throwing a brick or two through a local storefront window. The other half of the country consists of people embracing some silly dream of returning America to the perch of greatness, but just like the Obama hopium smokers, the red hats will be let down too. So we have a nation that is torn and ravaged with a Constitution that the government is intentionally burning.

And this:

But our current politicians will not change a thing. They will not even talk about the real issues. Half of the country was sold down the river by Obama, and the other half doesn’t realize they are about to be sold down the river by Trump. Then, we will have had 16 years to finalize the sale of all of us, whether we choose to call ourselves slaves or not, and there will be nobody left to sell down the river.

And here we are, over halfway through President Trump’s turn at the wheel, and while I’m amazed he’s been able to keep the car on the road for this long, the more I think about it, the more I’ve come to understand it’s really not all that impressive considering Trump’s not driving a real car but playing a video game.

And he’s playing the game on “easy”.

With cheats enabled.

Infinite lives.

Two days ago, I threw-up a bit in my mouth when I saw this image:

I knew it was coming, and sure enough, it came – there was plenty of talk in the “alternative media” about a “military blockade” and what not.

In fact, that article called it a “massive blockade”.

Because everybody knows that when you’ve got a big co…

What?

Do you really think I was going to let that slip out?

I was going to say something about a company of soldiers, but whatever.

Sickos.

The point is that when you’re such a big bad hombre like that evil dictator Maduro, how would you not go without a “massive” blockade?

And the Venezuelan military “under Maduro’s orders” (SECSTATE Mike Pompeo’s words, not mine) sure did put a massive military blockade there, didn’t they?

Uh.

Hold on.

Wait a second.

Was that blockade even placed there by the hands of the Venezuelan military under Maduro’s control?

Because that’s what we’re told.

But I don’t know.

I’m not smart enough to know.

So I’m asking.

That question, however, is not the centerpiece to my overall point.

This is: That ain’t no dang military anything.

I’m sorry to be the one to break-it to you.

Of course, I could be wrong.

And this could also be a military assault-rifle:

But that is not a military assault rifle.

And I am not wrong.

I could go on.

And on.

I’ve got a million gripes you know, but the demoralization holds them back.

I’ll surely have a billion more gripes, and very soon, but by then the demoralization will have successfully made me numb.

It really is of no use anyway when people mistake the brutal and violent sodomy of our nation for newly made greatness.

So please humor me one more topic that’s been bothering me lately, and it has to do with this whole “sweeping socialism” thing, or however and whatever you want to call it.

On the surface, President Trump said this the other day:

Tonight, we renew our resolve that America will never be a socialist country.

People were applauding that simple sentence.

Even breaking out the “USA! USA! USA!” chants.

But you know what I get out of that simple statement?

What I get out of those words is that America already has a form of government that is much worse than socialism could ever dream of becoming.

But that’s the easy interpretation that anybody could make if we were simply honest with ourselves.

Worse yet – that’s the distraction.

It’s a sleight of hand.

Get the people talking about the President’s noble fight against socialism, and by doing that, the people won’t focus on the true meaning of those 13 simple words.

I get it.

And I’m going to share it.

Because it really is that important.

I understand what the President is saying, but it’s not what he is saying that is important, it is what he is not saying that matters.

Confused?

Don’t worry.

I am too.

When President Trump says “America will never be a socialist country”, I understand, and I hope you will too, that President Trump is not even talking about socialism at all.

Now, luckily for everyone who has humored me thus far, since my writing today is one step above dog crap accidentally stepped-in, and one step below spoiled milk inadvertently swallowed, I’ll just go ahead and throw the true meaning of President Trump’s 13 words right out there: Capital flight.

That is what the President is talking about when he says socialism is never coming to America.

He’s talking about capital flight.

President Trump is also not necessarily speaking to Americans when he says that.

He’s speaking to anybody who has US dollars in the US banking system.

So we all know dang well he really isn’t speaking to Americans.

Americans don’t have any money.

Americans aren’t savers.

Americans are debtors.

Americans are broke.

So by saying “America will never be a socialist country”, the President is planting a seed.

What seed is he planting, and why is he planting it?

He’s planting the Seed of Confidence, and he is planting that seed because confidence is all but totally lost.

Confidence will be totally lost, and confidence will be totally lost before the people even understand what confidence is.

This loss of confidence brings with it serious consequences for the US dollar, the US banking system, the markets, and the economy.

And when I say “serious consequences”, I’m talking about hyperinflation, like in that South American country we don’t speak of, unless, of course, we’re speaking about bringing them democracy.

And that’s just what happens to the dollar.

When I say “serious consequences”, I’m talking about the systemic failure of the US banking system.

Yeah.

I know, right?

That’s a pretty bad one.

FDIC?

Good luck with that.

Most people will be dead anyway by the time the government would even know how to begin with that one.

And when I say “serious consequences”, I’m talking about nasty crashes from which the markets may never recover.

The currency markets.

The stock markets.

The bond markets.

I’m basically talking about the spaghettified annihilation of all of the paper markets.

There are only two things in this world that can protect against the pending market crashes.

I’m sure you know what they are.

Knowing, and what people do with their knowledge, however, are two completely different things.

When I say “serious consequences”, I’m talking about complete and total economic collapse.

And there’s nobody in the world alive today who understands just how bad it will be.

It is coming, however.

Think of it like this: It will be the Great Depression 2.0, preceded by The Great Dustbowl 2.0, proceeded with Hiroshima 2.0 & Nagasaki 2.0, and with a touch of Zika, a dash of Ebola, and a splash of liquid acid thrown in for good fun.

That is why confidence is so important right now.

Because confidence is, for all intents and purposes, already lost.

Yet our collective insecurity requires constant reassurance to keep the con alive.

It’s barely working, however.

That is to say, in my opinion, people who still have any non-insignificant amount of money in US banks already see the writing on the wall, and those people must be getting out of their US dollars, and those people are even getting out of the US banking system altogether.

I mean, we could literally be at the point of, “If something’s not done, right now, the whole entire US banking and financial system could collapse in mere hours”.

So please, understand, that when President Trump says socialism isn’t coming to the United States, well, something worse is already here, and anybody who can fog a mirror already knows that, so what Trump is really saying is, “Hey, people who still have money left in US banks, please don’t panic and remove your dollars from the US banking system”.

The seed is planted.

It will sprout later on.

This is inevitable, and we are not special.

De-dollarization is indeed a very real thing.

And the Death of the Dollar is what happens as a result of that thing.

So far, as far as we know, de-dollarization has only been one of those things that only sovereign nations are doing.

But what if de-dollarization has begun with the people?

Moreover, what if the people with US dollars in US banks are now de-dollarizing?

It really is that simple.

It also explains the relentless, non-stop pumping and hyping of the US economy, such as this recent example:

Wow!

There are more lies and half-truths in that one little Tweet than there are dollars on the Fed’s balance sheet.

And if you didn’t know, that’s a whole lot of dollars.

Like trillions of them.

A real crap-ton.

So please –

Somebody.

Anybody.

Please tell me how am I wrong.

Or do I just not get it?

Meh.

From Deplorable to Demoralized.

In only three years.

What a shame.

Moving on.

Gold & silver are doing just fine right now.

It’s funny too, because a whole bunch of “experts” have all have been calling for some nasty sort of correction since November.

Um, news flash: We’re in it right now.

I have been saying the correction won’t last much longer, and that it won’t cut very deep.

So far, I’ve been right about the depth, and now all that’s missing is that I’ll be right about the duration.

We won’t know that until we know it with hindsight.

Regardless, the gold-to-silver ratio is about the most generous gift around:

If we can call gold & silver the gifts that keep on giving, we can only conclude that the gold-to-silver ratio, where it stands now, is about the ultimate gift that keeps on giving.

Remember –

  • GSR right now is above 80.
  • During the (Constitutionally required) bi-metallic gold & silver standard, the ratio was 16 to 1.
  • Silver comes out of the ground at a ratio of 9 to 1.

In other words, the number of ounces of silver it takes to buy one single ounce of gold is at an extreme, and that means there are free ounces of gold to be had by learning what the gold-to-silver ratio arbitrage play is all about.

Learn it.

Silver looks very strong right here:

We just put in another higher-low this week.

Of course, I’m assuming the low from Wednesday/Thursday holds, but assuming the low holds, I’m counting at least 4 higher-lows on silver’s daily chart.

Combine that with the ‘golden cross’ which will be visible for all to see next week, and what do you get?

Well, you get yourself one heck of a solid uptrend.

I keep asking, so I’ll ask it again: Does anybody still think silver is going to $12?

I don’t think so.

Under $10?

Well, Hell did freeze-over last week, but that’s because Hell is a little town in Michigan, and it was literally freakin’ freezing there.

With where silver stands right now, I don’t think silver goes below $15 on this correction.

We’ll see.

Gold’s ‘correction’ may have ended this week as well:

 

It’s not too far of a stretch to say we could be talking about $1350 gold next week.

OK, “Hey Half Dollar, why isn’t it that much of a stretch to say we could see $1350 gold next week? I mean, real traders are calling for a pullback to $1250, and you’re just some lousy writer who’s even lousier with those stupid amateurish charts!”.

Ouch.

Gold is still, in my opinion, priced to perfection, and several things have not been priced-in to gold yet.

To name just a few:

  • BREXIT
  • Venezuela
  • Trade War
  • Stock market crash
  • Economic malaise
  • A weakening dollar
  • Etc, Etc, Etc

The cartel is in a pickle.

It’s not so much a matter of smashing at-will, and surely it’s not a matter of smashing price as low as they want.

It’s a matter of retreat.

The term “managed retreat” is often used.

And that’s exactly where the cartel finds itself.

Palladium looks like it wants to break to the upside:

I think palladium will break to the upside, and I think that break-out happens before the next pullback.

We’ll see.

Platinum is still carving out a bottom:

Sure, we’re not making fresh new lows, but we’re not really making any progress either.

I still think platinum has an upside surprise coming soon.

Copper is working through some issues with its 200-day:

Copper is not only facing resistance at its 200-day moving average, but $2.70 to $2.80 really is no-man’s land.

Copper needs to get as far north of $2.80 as it can, and then it will be smooth sailing.

Up until $3.00 that is, because $3.00 to $3.10 is all sorts of nasty.

Reminds me of this one time I w…

Ahh, nevermind.

Needless to say, if Dr Copper is our gauge for the health of the markets, well, Dr Copper is undergoing some pretty intensive physical therapy right now.

I first wrote about the “inverse head-n-shoulders pattern” in crude on January 4th:

After blowing my crude oil call last year, it’s nice to have some redemption.

If the pattern sees itself through to completion, we’ll be in the upper-$70s pretty soon.

For now, the stock market looks textbook:

There was a painful rejection at the 200-day moving average, and the textbook says the stock market is headed lower next.

I do think the stock market has to come down – for fundamental reasons.

Remember, there must be a crisis before our fiat currency can be hyper-inflated away into oblivion.

A 10% to 20% correction isn’t enough of a crisis.

There must be real pain

So pain is coming.

Max pain.

The VIX nearly got down to a 14-handle this week:

Squashing fear in the market is one way of maintaining confidence just a little while longer.

Yield on the 10-Year Note has not yet put-in a fresh new low:

 

If the stock market has in-fact peaked, however, I’d be looking for that move to happen next week.

It’s been 7-Up for the US Dollar Index:

Some people call the dollar the “cleanest dirty shirt in the hamper”, but dirty shirts are useful.

So I prefer to use a different metaphor, but I’d rather not use it if I really don’t have to.

Because I’m sure I’ve gone way over my limit for offensiveness today.

Even though I’m not here to win any popularity contests.

I am just trying to warn people of what’s coming.

So If I come-off as crude, rude, or shrewd.

Then it may already be too late.

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, an active 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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