SD Midweek Update: The strong US economy, markets, domestic & foreign policies just keep going and going, but there’s this funny thing about batteries…
America just keeps going and goin, and going.
We’re already declared victory in a war we haven’t even begun against Iran.
We’re teaching those Chinese a lesson not to mess with us or we’ll put pee-pee in their coke.
The dollar has reached a permanent plateau of both respect and strength.
The US stock market refuses to go down as we get a bounce.
America just keeps going and going and going.
Or so it seems.
At 12:00 p.m. EST, I’d like to dish-out some cold hard truth about economic & geo-political reality.
That will be over on our YouTube channel when we live-stream the best analysis around.
The cold hard truth is much different than the illusion everybody can’t get enough of.
I’d like to use the developing Ford news and the “war” with Iran news to dish-it.
And I’d also like to discuss something very interesting going on with silver.
For now, it’s really amazing how everything keeps going and going.
Only, this is the very best we are going to get here in the USA.
And it’s not even great, it’s really just a bunch of blatant lies.
And since the strong economy is built on a bunch of lies.
It will make the switch to max pain all the easier to do.
Maximum economic pain and financial ruin, that is.
I do think that’s coming, and as the months pass.
As the focus turns to the 2020 US elections.
America will look nothin’ like it does today.
Instead of being the Island of Strength.
In Global Economic Despair Ocean.
The USA will be like some island.
Destroyed by a big hurricane.
And infested with zombies.
As the world moves on.
And starts to rebuild.
America will just.
Be left behind.
People should be devouring silver with a gold-to-silver ratio like this:
The ratio can get even more extreme than this, but unless a person has deep, deep pockets, I would recommend 100% of purchases going to silver right now.
Silver is so precious, that not even everybody in the world can have an ounce of it, yet it costs less than $15:
It’s hard to find a pulse on those last three candlesticks, and where bullish traders are pulling their hair out right now with silver’s performance, stackers are looking at this price as an absolute steal, and it is an absolute steal, and I’ll explain why in our live-stream, but I’d also like to draw your attention to the divergence silver is making with its 200-day moving average, and I’d like to point out that a divergence like that really can’t get much wider in part because the 200-day has fallen precipitously over the last 52-weeks.
Gold has been down for the last six days in-a-row:
If they could smash gold down sixteen days in a row, they would, but they can’t, although the cartel is quite successful in those kind of consecutive-day declines in silver.
Palladium still has its head above the water-line at $1300:
Palladium is down over 17% from its recent highs and very near bear market territory, all in just a couple of months.
The bottom is still falling out of platinum:
Platinum’s chart is much uglier than palladium’s, although platinum is not down as much percentage-wise, but I would still not go near platinum with a ten-foot pole, with the exception purchasing physical platinum if that’s your thing and you’re taking advantage of the gold-to-platinum ratio arbitrage opportunity much in the same way us stackers of more humble means are taking advantage of the gold-to-silver ratio arbitrage opportunity.
I’ve been looking for copper to triple-bottom, and we’re seeing progress being made:
If we get there, I think it happens soon, and I also think we don’t stay there for long.
I’m saying that about copper because of the rising price of crude oil:
We’ll have to see if we are painting a lower-high on the chart, or if we are painting a higher-low, and for me, personally, I think it is a higher-low, but then again, I can’t just tell Stevie to print-up a bunch of dollars and use them to move the crude oil price around, so like everybody else who is not part of the market manipulating Deep State Globalists’ cartel, I’m basically flying blind.
Here’s the bounce in the stock market I was referring to:
When you are silver you solidly lose your 200-day moving average, but when you are the stock market, you bounce off of it.
Sure enough, the VIX has been worked back down this week, just like last week:
Thank goodness there are not economic, market, political or geo-political uncertainties going on anywhere around the world, right?
The bounce in the stock market has been met with a bounce in yield on the 10-Year Note:
I’m still looking for new lows in yield on the benchmark US treasury.
Including in the overnight/morning action, the dollar has poked its head above 98 again, now every day this week:
Of course, the dollar’ll turn down and crash hard as max pain’s brought to the US, but for now we are being held here.
What’s the bottom line as the collective American psyche continues to believe the lies and fall for the illusions?
The collective American psyche is about to be shocked and likely about to be frozen in sheer terror.
Unable to act or make rational decisions because, well, “who could’ have seen that coming”?
The truth is that it’s not hard to see coming at all if anybody really wants to see it.
The problem is that most people would rather wallow in their own mediocrity.
Though people really have nothing more than a false sense of security.
It’s a security that’s found everywhere in the US economy & markets.
But there is this thing about having a false sense of security.
The collective American psyche is, for now, emboldened.
It could also be seen as being not confident, but cocky.
So remember that most people lose most of the time.
For now, it seems like most people are winning.
America is the Energizer Country, you know?
It keeps going, and going, and going.
But when batteries die, well then.
They may slow down quickly.
But shortly after they do.
They just drop dead.
And no, they ain’t.
– 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.