President Trump Nailed It (If He’s Only Talking About Gold & Silver): There Is In Fact No Inflation

SD Friday Wrap: How can we tell the US Economy is on the verge of complete and total collapse? Here’s how…

It’s getting pretty annoying.

What is?

The now hourly need for President Trump to pump the economy.

How can we tell the US economy is on the verge of complete & total collapse?

Well, just check out what started yesterday and has continued through today:

Little or no inflation, huh?

Then this:

Yippie, it’s the “Jobs! Jobs! Jobs” Tweet again!

Amazing how the sheeple never think it gets old.

Then this:

I guess I was wrong because apparently not only do you not have to Drain the Swamp before you can MAGA, but you can actually keep stocking the swamp with even bigger and nastier creatures and still MAGA!

Who woulda thunked it?

I guess that’s what I get for thinking!

We are witnessing one monster set-up for the biggest selling of Americans down the river since, well, Obama sold half of the nation down the river under his watch.

For “no inflation” means that inflation is about to feel like picking up a hammer and hitting yourself in the face with it.

Repeatedly.

And those job numbers?

For “Jobs! Jobs! Jobs!” means here comes the “Job Losses! Job Losses! Job Losses!”.

Seriously.

Don’t even get me started on the border.

But I digress.

Nothing has fundamentally changed, and the plan remains the same, which, in my opinion, is to bring down the US economy and markets later this year and into next year so that the vast majority of Americans lose everything.

Additionally, the Deep State destruction to the “average” American, for whatever that means, must happen sooner than later because there must be severe pain for the sheeple to think that everything that’s unfolding is natural, and an example of that would be the coming job losses – those losses have to start very, very soon because people can get crafty for month or two, but as the months drag on, being crafty will not be enough.

In my opinion, President Trump is Deep State in Patriot’s clothing.

I’m always early and rarely wrong.

We shall see soon enough.

‘Cause it’s crunch time.

And it I’m right?

It will be ugly.

For most.

Yup.

The gold-to-silver ratio has gone nowhere pretty much all week:

In order to keep gold & silver prices capped where they are, the cartel is giving stackers some last minute opportunities to get in on the gold-to-silver ratio arbitrage.

I was wrong about gold closing the week above $1300:

Gold was subjected to the traditional cartel smashing into the release of BLS Employment Situation Report, but it is like I have been saying all along, the downside is limited and we are seeing just that.

Silver finished the week above $15:

The white metal is still down on the week, however.

Platinum is sportin’ a wo –

– nderful upside break-out move, which is nearly a 6% move higher in price since the close on Tuesday.

Palladium is still bouncing around $1300 and $1400:

I still do not think palladium is a bubble right now.

What is a bubble, however, is the US stock market:

I do think the stock market makes one more trip to new all-time highs.

It will certainly get there if the VIX has anything to do with it:

We closed out the week with a freakin’ 12-handle.

The dollar is up slightly on the week:

If the big lie being told by the United States is that the US economy is strong and getting stronger while the rest of the world is slowing down, which I do think is the big lie, then does anybody really think the rest of the world can handle a stronger dollar?

Yield on the 10-Year Note is back above 2.5%:

It’s starting to look like yield runs higher for a while, especially if the US stock market is pushed to new all-time highs, meaning, that theoretically, traders will be selling “safe” assets (bonds) and buying “risk” assets (stocks), but as the stock market is brought down, so too will yields come down for one final push, just before interest rates skyrocket.

Copper’s support at $2.90 is something to behold:

I’m looking for copper to trade similarly to platinum over the short-term.

Crude oil is sitting above $63:

Crude oil is up huge, year-to-date, and I expect the price to keep grinding higher until the dollar starts dropping and max pain is brought to America, at which time the price for a barrel of crude oil will really start moving higher.

What is the bottom line headed into this weekend?

Trump isn’t talking-up the US economy daily.

He is talking it up several times a day.

That means we’re real close now.

To that time when there will be.

People who lose everything.

Which will be most people.

And the time when, well.

Very few people win.

With gold & silver.

The only things.

That will be.

Standing.

After.

All.

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.

***