Markets Hold Their Breath As More People Begin To Slowly Venture Out Again

The problem, however, is the MSM propagandists are serving up a heavy helping of reverse psychology…

Here’s a shorter outlook for the week, and, quite frankly, a hodgepodge of stuff.

First of all, today is Memorial Day.

For those who don’t know, or understand, or whatever, it’s not Veterans Day.

There’s a difference.

And, please, don’t say “happy Memorial Day” to a Veteran.

It’s not a day for celebrating.

That said, It sure seems like everybody’s ready for America to get back to normal.

And the prodding of choice?

The beach, of course.

The MSM is spinning it as if it were a bad thing to go out to the beach:

But understand the reverse psychology of the messaging.

How so?

Well, “woke” people understand CNN is nothing but lies and propaganda, so in a sense, going against the mainstream propagandists plays right into the hands of the Deep State Globalists.

Think about it: If this little bugger really is as nasty as they say it is, then it’s starting to look like a second wave is baked into the cake.

And since I don’t trust the Deep State Globalists or the MSM propagandists, I’m proceeding with caution here.

My family is kind of letting everybody else be the guinea pigs.

Yes, we will “live our lives”, and yes, we will slowly but surely get used to whatever the “new normal” is, but we will gladly let everybody else get a running start to living their lives, and we will decide what is normal and what is not for ourselves, such as the use of masks, social distancing, and things like that.

Side Note: Those “social distancing tubes” are stupid, and they remind me of hamster toys.

But that is kind of fitting for human guinea pigs.

Regardless, while people are distracted by the their newfound freedoms, or watching the newfound freedoms of others on the “news”, there are several developments to make note of, including:

  • Tensions with China are escalating.
  • Tensions in the Middle East are escalating.
  • Old ‘problems’ are creeping up again (Hong Kong protests, Greece/Turkey tension, etc).

The point here is that just as people are enjoying their lives or watching others enjoy their lives, we’re ripe for some kind of “event” coming out of left field.

What could that event be?

I don’t know.

I’m not smart enough to know.

But whatever the Deep State Globalists are planning next, it can’t be any good.

It will be good to see the gold-to-silver ratio come down even more from 100:

As the gold-to-silver ratio continues to come down, silver will break-above gold on the chart.

I think that silver can begin its move and turn positive on the year this week:

I know, right?

A lot of people are excited about silver’s recent move, yet technically, the white metal is still down year-to-date.

Furthermore, many gold & silver technical analysts are saying here comes the correction:

I could see a tagging of the 50-day moving average before surging higher, but we could also begin the rally without the major pullback.

Gold has been, after all, correcting over time.

It’s not always about price.

Palladium is actually positive year-to-date:

If we are pulling back, it will be good to see if $1800 holds if other support fails.

Platinum opened the year nearly a hundred bucks higher:

If silver can turn positive on the year this week, I’d expect platinum to do the same.

One thing to watch closely will be crude oil:

We’ve really stalled-out over the last few days.

The same can be said about copper:

Although the trend is undeniably bullish with all of those beautiful higher-lows and higher-highs.

The incubation period for any second wave of infections could mean more calm in the markets in the meantime:

If we take the mainstream’s incubation period of two weeks, and the fact that the nation basically “re-opened” last week, with even more people out-and-about this week, by early to mid-June we shall see if there is a surge in infections and how that surge is interpreted by the “markets”.

Of course, when the Fed and the US Government are the “markets”, well, this:

Price discovery at its finest!

The trend in yield has been, and will continue to be, lower:

A melt-up top in the bond market means a melt-down bottom in yield.

And then what?

The bond market crashes.

That’s what.

There’s no graceful, or even measured, raising of interest rates.

You just drive it until the wheels fall off!

I’m starting to think we see the move in the DXY this week or next:

If that move is to the downside, we could see the correction in gold & silver either shallow, or short lived.

Bottom line as we find ourselves here on this Memorial Day of 2020?

The MSM says “look at the vagrant beach goers behaving badly”.

Hoping the people say “see, it’s not really all that bad”.

To me, it has the stench of reverse psychology.

For if their goal is control of the masses?

And new levels of Police State, USA?

Then they need more infections.

And some more deaths too.

Which is why we’re fine.

In “wait-n-see” mode.

Patience is a?

Life saver.

Indeed.

It is.

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.

***