Trump Flip Flops? Iran Strikes US Military Bases In Iraq, Trump Does Nothing (Or Even Acknowledge The US Was Targeted)

SD Midweek Update: Gold’s been walked down since breaking through $1600, but either Trump is lying, or a another MAJOR escalation is imminent…

Sunday afternoon Congress was given legal notice by President Trump:

Of course, Iran has been on notice with Trump’s threats since before the beginning of the year.

It is pretty hard to misinterpret “should Iran strike any U.S. person or target, the United States will quickly & fully strike back”.

And what happened last evening?

Let’s let the US Department of Defense inform us:

At approximately 5:30 p.m. (EST) on January 7, Iran launched more than a dozen ballistic missiles against U.S. military and coalition forces in Iraq. It is clear that these missiles were launched from Iran and targeted at least two Iraqi military bases hosting U.S. military and coalition personnel at Al-Assad and Irbil.

We are working on initial battle damage assessments.

The key words there are “Iran launched ballistic missiles against U.S. military in Iraq”.

And just like it is pretty hard to misinterpret Trump’s legal notice to Congress, it is pretty hard to misinterpret what Iran just did.

However, notice what is lacking in President Trump’s Tweet, post-missile strike:

Now, I’ve read that Tweet a dozen times, but for some reason, I just can’t find the words “U.S.”, “USA”, “America”, “American”, or anything similar in nature that would indicate Iran struck “a U.S. person or target”, even though the DOD is saying there was not one but two targets hit, and that the DOD is in fact working on assessing the battle damage.

OK, “Hey Half Dollar, you don’t get it man, Trump’s playing 4-D chess with the Iranians, so it may look like he’s flip-flopped, but he really has Iran in his pocket, and he’s going to strike back hard and fast!”.

Oh, right.

I really should learn how to play chess!

For now, however, looking at it at face value, we can only come to two conclusions:

  1. Trump is lying once again, only real lives and property are at stake because of the consequences of this lie.
  2. Trump is not lying and will strike, escalating this undeclared hot war against Iran on multiple fronts.

We shall see which conclusion is accurate, but either way, the outcome is terrible.

How so?

Well, if President Trump is lying, and US strikes against Iran aren’t coming, then that can embolden Iran into engaging in something even more severe than launching a dozen missiles, assuming what our government is telling us is happening is actually happening.

In other words, it’s an open invitation for Iran to strike-out against “US persons or targets” without fear of retaliation from the United States.

If we ultimately arrive at point 2, then this hot war is about to start including a rising body count.

There is no good outcome here, although, in my opinion, that’s by design, as one of the ways the Deep State and Deep State Globalists can bring on maximum pain to the United States in the form of economic misery and financial ruin.

OK, “Hey Half Dollar, I mean, you really don’t get it man, it’s 4-D chess because he said he’d strike back quickly and fully, but he’s delaying how soon we strike to catch Iran off guard!”.

Oh.

I see.

So, the goal is to keep young Americans at extreme risk for loss of life, limb, or eyesight and to hold those young Americans in a constant state of high alert, just so Trump can keep Iran guessing?

Sorry.

You don’t want to take losses to be able to inflict losses.

If your serious, you just inflict losses.

I suppose, however, in the same sense that the Fed has an inflation objective, President Trump can have a US body count objective which he’s working to hit before taking action.

Besides, how else are we going to convince a totally divided-and-conquered American society, which is also brain-washed, zombified and dumbed-down, to rally around the flag and support a brand new hot war against Iran and possibly even WWIII?

Rightly so, gold caught a bid last night:

We broke out above $1610.

Silver also caught a bid:

We nearly broke-out above $19, however, the cartel quickly regained control and walked silver down throughout the night.

Let’s not get it twisted: For now, the cartel is still in control.

Spoiler Alert: The cartel will also try to control the financial & market implosions of the United States too, but they will lose control of that.

Spoiler Alert II: The cartel will ultimately lose control of gold & silver, and If I were a bettin’ man, which I’m not, especially not a betting man in a rigged casino, a.k.a. the stock market, because that only keeps the evil, corrupt and fraudulent casino open for business, I’d say that above all else, the cartel fears losing control of silver the most, and therefore will fight silver the hardest, all the way until the end.

For now, it’d be nice to see silver get above $20 in a hurry:

If this whole US-Iran crisis is indeed a very real crisis, I think we could be there by the end of the week.

Even if this whole US-Iran crisis fizzles-out and calms down, what the US government has done since the end of December and so far into 2020 is very inflationary.

Said differently, crises are very expensive, so silver’s downside risk is pretty small here because I think the “inflation hedge” quality of the white metal counters any quick de-escalation in the Middle East.

The chart huggers are going to say gold is “extremely overbought”:

It’s funny too, because the same chart huggers were, up until very recently, like within the last day-and-a-half, taking about Fed policy being the driver of gold’s newest up-leg.

Of course, if you watch Silver Doctors Live, which airs today in a live-stream at 11:00 a.m. EST on our YouTube Channel, you would have been on top of the developments in the Middle East, and, therefore, the primary driving factor of gold, since before the start of the year.

Interestingly, we’ve had a little bounce in the gold-to-silver ratio:

I do hope stackers and other smart investors are taking advantage of these last days of the gold-to-silver ratio above 80.

Palladium’s broken-out above $2000 for the first time:

I can see a pullback in palladium before a pullback in gold.

Platinum has kind-of been the oddball out:

It looks like It’s more about the signaling right now for the cartel, so keeping platinum in check is a pretty cost effective way for the cartel to signal that all is well in the financial “markets”.

Crude broke-out above $65 last evening:

Just wait until the attacks on oil facilities begin.

Besides, how can the Deep State and Deep State Globalists inflict the most broadest amount of economic and financial damage to the largest number of Americans?

Hit ’em in their wallets with increasing gasoline prices!

That’s how.

Copper is still consolidating at $2.80:

I’ve been saying it for over a week now, but I do not think the markets have this US-Iran crisis fully priced-in, and looking at copper’s price action is an indication of that.

The dollar surged yesterday and overnight:

That chart is all kinds of bearish however, and quite frankly, if people are fleeing to the “safety” of the US dollar, they’re wrong.

They just don’t know it yet.

Interestingly, yield on the 10-Year Note has barely moved over the last two days:

If there is a new escalation in the Middle East by President Trump, and if we don’t get a “flight to safety” into the US bond market (which would mean plunging yields as people buy – and bid up the price of – bonds) as a result of the escalation, it will be like a vote of “no confidence” held against the United States.

As indicated by the “fear gauge”, the markets still do not believe the US-Iran crisis is real:

The VIX, however, is one of the easiest things for the cartel to manipulate, so as part of the shock-and-awe that’s ongoing and surely coming again, we’ll probably get it manipulated much, much higher here pretty soon.

Translation: Just as people say, “see, the VIX isn’t spiking terribly”, the cartel hits ’em with the shocker!

The stock market sure does look primed for an epic crash:

If everybody’s expecting a “blow-off top”, which pretty much the entire mainstream and alternative media are expecting, then it will also be quite the shock to bring it down from here, without a blow-off top.

Bottom line as we find ourselves here this beautiful Wednesday in early January?

Trump is either lying right now, or he needs dead Americans to retaliate.

The outcome is not good for Joe Deplorable and Flyover America.

Because we don’t need lies, but rather, we need the truth.

And we surely don’t need a fresh, hot war with Iran.

Gold & silver spiked last night on developments.

And I didn’t even mention the plane crash.

In Iran, a Boeing 737, no survivors.

That is right, there was more!

So we’ve a plot twist here.

It’s all for the worse.

Iran’s Lusitania?

Propaganda?

Is coming?

Today.

Yes.

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.

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