SD Outlook: It could be a wild week in gold, silver & the “markets”, yet the exact mechanics of the rigging are surprisingly simple. With crude oil, Trump…
The rigged markets that Candidate Trump rightly called-out have become his favorite play-toy.
Understanding the mechanics of the rigging is utterly simple, however.
Let’s look at the most recent – crude oil.
Let’s begin with what the President said at the start of the year:
Do we think it’s luck?
Well, since He already made America great again, Trump would want you to think it’s all because of Him:
Our President would have the world believe that anything good in the USA, or anywhere around the globe for that matter, is all because of him, so we’re supposed to think it’s not luck that crude oil (think gasoline) prices are falling, but rather, it is because of Trump’s ability to strong-arm Saudi Arabia and OPEC.
Which he did on April 26th:
Sure he did, and sure they are.
Oil prices have been on a steady grind higher for the entirety of the year, and here’s what happened the very day Trump tweeted that:
So it does indeed look like the President can move markets with this Tweets.
Furthermore, it looks also looks like Trump is a 4-D Chess master.
I’ve gotta admit, I fall for it from time to time myself.
But it is really much simpler than that.
It’s a rigged market.
President Trump can just tell his hollywood b-grade special effects wanna-be and film school flunkie buddy Stevie over at Treasury to print up some dollars to sell oil, naked short oil, and strengthen the US dollar, among other things, all to cause the price of oil to go down.
Stevie, in turn, tells his bed fellow and pretend arch nemesis (think WWE-Wrestling) Powell over at the Fed to act as an agent on Stevie and Trump’s behalf to execute the plan.
The plan is executed, and oil prices fall.
If people would just open their eyes and read what is in front of them on the US Treasury Department Website:
The ESF [Exchange Stabilization Fund] can be used to purchase or sell…with the approval of the President, may deal in gold, foreign exchange, and other instruments of credit and securities.
What does that mean, exactly?
It means that any market can be manipulated, at any time, and for any reason.
All markets, all the time, and for Deep State Globalist reasons.
And the markets will be manipulated all the way up until the cartel loses control.
Why do I bring this up?
Well, I’m having to re-think my $75 crude oil call.
I’m not rescinding it, but the whole crude oil price suppression scheme didn’t come to me until just this weekend, when I remembered what Trump said back at the beginning of the year which I related to what he is saying now.
In other words: All of the markets are totally corrupt, phony, artificial and used for personal, exploitative gain by Deep State Globalists.
If you are a Deep State Globalist like President Trump, then you exploit the markets for personal gain like there’s no tomorrow.
You see, all of this, from the “markets” to the “booming” economy, is all crap and all lies.
I just gave a real simple example for crude oil, but I could give example after example.
That spectacular First Quarter GDP:
Just out: Real GDP for First Quarter grew 3.2% at an annual rate. This is far above expectations or projections. Importantly, inflation VERY LOW. MAKE AMERICA GREAT AGAIN!
— Donald J. Trump (@realDonaldTrump) April 26, 2019
Well, not only did Candidate Trump call-out government statistics for what they are – pure lies – but using simple logic, we’re to believe that with a US federal government shutdown for two months, in December and January, and with government
liars statisticians months behind on their lying reporting, that it just so happens the very statistic that incorporates all of the other delayed, guessed, manufactured, and not reported because of the government shutdown statistics, GDP, was somehow released with nary an eyebrow of suspicion or skepticism raised?
The whole thing is one huge lie at this point, and the sad part is that most of the Trump supporters do not recognize he is Deep State in Patriot’s clothing, so it will go on until, well, until it’s Camp FEMA USA, baby!
So do I still think crude oil is going to $75?
I do, but I no longer have my time-frame on it.
My theory behind all of this is that President Trump will be the Fall Guy as maximum economic and financial pain are brought to America, so while I do think crude oil prices are headed much, much higher, I’m not so sure of when they are head higher other than I think max pain will be timed to the 2020 election somehow.
I will say this, however, if Trump “wins” in 2020, then that means there is still a little more blood to be drained from from the Middle Class before finally killing-off America, and I make that statement from the point-of-view that Presidents and other important politicians aren’t voted-in, but rather selected, by Globalists and/or the Deep State, which is exactly what I believe happens in the USA, with only the illusion of legitimate elections.
They go hand-in-hand with the rigged markets.
I do no think the sheeple will ever wake-up to this until it’s too late for them.
Those who want to be awake are already awake.
The rest, and vast majority, are sheep.
The gold-to-silver ratio looks like it is rolling over:
You just have to ignore the whole cartel price-attacks on silver as noted by the huge black bars.
It looks like the cartel wants to paint a rejection of the 200-day moving average on silver’s daily chart:
That’s great because I’ve been going room-by-room in my house, looking for American-consumerism things of little value, but for which I could command a somewhat decent dollar price, and I’m gonna have a yard sale (which really means selling crap online) to raise some funds to add some more silver to my very humble stack.
If they’re gonna continue the beatings this week, I’d be looking for gold to plunge below its 200-day moving average:
Trump may understand gold, but he is no Patriot, so anybody thinking he’s going to do something that’s “good for gold” will be disappointed.
Palladium is content to stay range-bound:
I think we do stay range-bound as the first effects of an actual palladium shortage finish working their way through the “market”.
Platinum’s riding its 50-day moving average:
I’m pretty sure no trader would want to touch platinum with a 10-foot pole, but I do think the next major move is up, not down, and I’m really not looking for what would be a quadruple-bottom.
Copper broke-down last week but looks to have found support at $2.80:
That is massive support spanning months, but the base copper was building at $2.90 is also starting to look massive, and it’s now massive resistance, so copper may very well bounce between $2.80 and $2.90 before the break-out.
There’s no stopping the golden cross in crude oil, in spite of Trump’s Tweets:
And to think, when President Trump rigs the market, he’s affecting real people, real lives, real jobs, and he’s causing a whole host of other consequences and collateral damages that come from Trump being one of the Deep State Globalists himself.
Look to Thursday and Friday, and what do we see:
In addition to inflation
lies statistics, I see Six Fed Head speeches and plenty of pie-hole yappin’ to finish out the week.
The Dow has yet to reach new all-time highs, but the Russell 2000 may not even get close:
At this point it is all about the timing, as in when do they plan on bringing the markets down and crushing the sheeple?
I don’t know.
I’m not smart enough to know.
But even if I was, I wouldn’t know because I’m not in the club of corrupt, evil Deep State Globalists.
Anybody who always nails their market calls based on technical analysis is in the club, so they already know how and when the markets will be rigged, and anybody not in the club who is nailing their calls with what seems like some success, well, they’re just lucky technical analysts, that’s all.
In other words, paint-by-numbers work right up to the point that the cartel rips out the pages of the coloring book on a whim.
The VIX is mighty perky right now:
Time for a little fear to storm the markets?
I’m still looking for lower yield on the 10-Year Note as the stock market comes down:
Ultimately interest rates will skyrocket, as both the debt is no good and as inflation takes hold, but I’m assuming the US dollar even lasts that long in its current form, which I’m not so sure it does, but in the meantime, yeah, I’d be looking for rates to fall back under 2.0%.
I have been calling the US Dollar Index a head-fake:
The only question is when do the Deep State Globalists begin to walk the dollar down?
They will do that when they’re ready to bring on max pain to America.
Which will coincide with the 2020 US Presidential Election.
Granted, if I am wrong about the timing on this.
There’s still more American blood to drain.
And believe me, they’ll drain it all.
And we will just let them.
Is there protection?
Oh yes, there is.
In gold & silver.
And that’s it.
It is silver.
– 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.