Well, here we are. We’re in the final home stretch before the election. Assuming, of course, the house doesn’t burn down first…
(by Half Dollar) There are a ton of economic reports coming out, so there will be plenty of Twitter filler all week long in between the bouts of drama.
In chronological order, throughout the week, we’ll
be told about learn about:
- New Home Sales
- Durable Goods & Consumer Confidence
- International Trade
- Income (Personal Consumption & Expenditures)
Suffice to say, if one thinks there’s an actual election taking place, and that it’s “the good guys versus the bad guys”, for whatever that means, then whoever has control of the reports will have plenty of ammunition on the economic front.
Of course, the nitty-gritty of this election has always been name calling and other traditional third-grade style spitball tactics, so there’s that.
On the fundamental front, nothing’s changed.
We still have the ongoing drama of the Deep State Globalists really hating the idea of throwing Joe Deplorable a dollar or two, and so, surprise, surprise, they’re
stalling gridlocked and bogged down in the offers and counteroffers:
Hope is fading.
And to think, back in July, hollywood flunkie and b-rate special effects artist turned Secretary of the US Treasury, Stevie Boy, said the President wanted Economic Impact Payments going to the people in August:
So, either, sure he did (Trump), or sure she is (Pelosi).
Regardless, The Heartbeat of America Index seems to be pricing in a Trump “win”:
If there are any organic “market participants” remaining, well, let’s not forget that they were wrong on that trade when Candidate Trump “won” the election in 2016, at least when it came to Main Street and not Wall Street.
Oh yeah, and breaking this weekend, reports are coming out that Trump is going to immediately “fire” the FBI and CIA directors!
If, of course, he gets re-elected.
What, he couldn’t just fire them anyway?
And even if he loses, couldn’t he still “fire them” anyway?
Moreover, the Red Hats are assuming he’ll not replace them with more Swamp Creatures.
How is it that people can’t see what’s really going on here?
While everybody knows ‘Ol Half Dollar ain’t no dang political analyst, much less one who assumes our elected “leaders” in Washington do anything for the public good, ever, I’m pretty sure the only people Trump’s brought into Washington have been Swamp Creatures – you know – the War Hawks, the Cover-Uppers, the Certain Nation Firsters, the Epic Stallers, and the Even Worse.
Can anybody honestly say he’s “drained the swamp”, at all?
But I digress.
Spiking fear would tend to favor Biden, even though everybody is so sure the “markets” will go up with a Biden “win”:
Calmer markets would favor Trump, even though everybody is so sure the “markets” will go up with a Trump “win”.
Didn’t you know?
It’s a win-win for the markets!
Good luck with that.
If they’re going to crash the markets, they can get the added benefit of forcing elderly savers of choosing even more between food, meds and home heat:
Trump absolutely loves forcing the elderly to do that!
But don’t take ‘Ol Half Dollar’s word for it, read it straight from President Trump himself:
Would be sooo great if the Fed would further lower interest rates and quantitative ease. The Dollar is very strong against other currencies and there is almost no inflation. This is the time to do it. Exports would zoom!— Donald J. Trump (@realDonaldTrump) December 17, 2019
Stupid, silly savers, for don’t you know that you get nothing!
At least we can still get things with our dollars:
With each passing month, with each passing week, with each passing day, and soon to be with each passing hour, however, we only ever get less and less things with our dollars.
If they’re going to drop the stock market this week, I think they’ll take crude oil for a ride lower too:
Because, well, why the heck not?
If they crash the market and take copper along for a ride, I wouldn’t expect the red metal to fall too far or stay down too long:
After all, we’re in the Era of Hyperinflation!
You wouldn’t think it by looking at platinum:
Platinum has been such the oddball all year, hasn’t it?
It’s almost as if some Deep State Globalist, somewhere, somehow, is in a pickle?
Ahh, so many questions today.
What matters is that traditional “industrial” metals are becoming monetary metals:
Anything and everything that have all of the necessary properties of money have been bid, are bid, and will be bid.
Spoiler alert: That means Gold, Silver, Palladium, and Platinum.
The gold-to-silver ratio has stubbornly popped above 78:
I think we’ll be lower by the end of the week.
However, if I’m wrong and we jump above 80 or more, then deeper-pocketed gold investors may want to take a serious look at converting some of that shiny gold phyzz into shiny silver phyzz.
Gold is doing well at $1900:
On one of these stock market “crashes”, gold is not going to be “sold”.
Silver, on the other hand, well, what can I say:
They despise, fear, and hate silver more than anything else in the entire world.
For silver is the real, true power of the people.
Thanks for reading,
Paul “Half Dollar” Eberhart
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.