At least a shock-n-awe event, or a Biden win, will be much “better for gold” than Trump will ever be (or supposedly was)…
Why has Trump left “market participants” hanging this week?
He’s been vocal before.
Let’s revisit the scary-scary stock market crash from March:
As we can see, President Trump was quite vocal about financial conditions and getting the Fed to spring into action on multiple occasions.
The Fed did spring into action, by the way, on Sunday night, March 15th, with an emergency rate cut right straight down to zero!
Or at least the Fed cut rates down to the multi-year played-out post-2008 financial crisis range of 0.0% to 0.25%.
It’s funny how that works out, isn’t it?
That is to say, apparently rate hikes can only be done during official, 2-day FOMC Circus Side Shows, but by golly, the Fed can cut rates any time they darn well feel like cutting them!
In other words, if you’re gambling in the rigged casino and you like the Fed induced price discovery, that’s right folks, you can keep your rigged casino and the Fed induced price discovery!
And on that note, here’s a rhetorical question for the Fed Apologists, Fed Armchair Quarterbacks, Fed Enablers and Fed Sympathizers: How does it feel knowing there will be a swift relegation to Cargo Cult status at best after the economic collapse and hyperinflation of the US dollar?
And at worst?
Heck, I don’t know.
I’m not smart enough to know.
I’m an idiot, right?
But I suppose the worst would be akin to finding out what they did to the Nazi apologists, armchair quarterbacks, enablers and sympathizers after World War II.
It would be something like that.
But I digress.
Are we really supposed to believe Trump has nothing to say about the stock market?
Or is it perhaps because of prior things he’s had to say, such as this:
STOCK MARKET UP ANOTHER 300 POINTS – GREATEST LEADING INDICATOR OF THEM ALL!!! DON’T RUIN IT WITH SLEEPY JOE!!!— Donald J. Trump (@realDonaldTrump) October 12, 2020
If the stock market is the “greatest leading indicator of them all”, then it’s not looking good for the home team.
Or perhaps Trump is silent because of Tweets like this:
Stock Market Up Big. Do I get no credit for this? Never even mentioned by the Fake News. A New Record for Stocks and Jobs Growth. Remember, “it’s the Economy Stupid”. VOTE!!!— Donald J. Trump (@realDonaldTrump) October 12, 2020
Of course, since there’s only one person in the entire universe, in both the known universe and the unknown universe, who can have his cake and also eat it, and no, it’s not Chuck Norris, then I suppose Trump does not get the blame for a falling stock market?
He left the Red Hats hanging.
Of course, when you’re a Deep State Globalist in Patriot’s Clothing, that’s exactly what you do: You sell Joe Deplorable down the river.
OK, “Hey Half Dollar, you still don’t get it man, for President Donald J. Trump has got the Deep State right where he wants them, and besides, Trump is playing 4-D Chess, something you’d never be able to understand, and he’s already two moves ahead of the Lunatic Left with some sweet moves coming, so just sit back and enjoy the show!”.
You know, I was going to respond to that, but on second thought, I’m going to save my energy for the Walmart Zombies.
I could, after all, use an extra bag of rice or two.
Shameless plug time: Aside from calling the crashing stock market last Friday, this week, I discussed some rather interesting things with Craig Hemke:
Thank you for your consideration.
Oh yeah, and when it comes to the latest scandal about You Know What, it does kind of make one wonder if this isn’t the plan:
Because why would it not be, at best, another four years of letdown?
OK, “Hey Half Dollar, what would it be at worst?”.
Well, it would not a walk in the park, that’s for sure.
Unless, of course, your park is located inside of Camp FEMA and you are given walking privileges!
In the end, right now, I really don’t know who will “win” the election, as in, which candidate the Deep State Globalists will select to be “President”, for I really do think it comes down to whether there’s anything left in America to be sold down the river, but if I had to guess, I’d guess Biden, in part because it would be too hard for Trump to drag his feet for another four years on throwing even the tiniest of bones to the Red Hats.
Ok, “Hey Half Dollar, what about Trump’s Supreme Court Picks, you’ve got to at least give credit for that?”.
What, so the Supreme Court can just hold up more of the Federal Government’s Unconstitutional actions as Constitutional?
Thanks, but no thanks.
Thanks to all of the money printing that’s taking place, Dr Copper is giving his diagnosis to anybody who will listen:
The Era of Hyperinflation has begun.
Crude oil is finally taking that trip South I’ve been looking for:
Is crude oil a leading indicator of the stock market, and could the decline have only just begun?
People are probably shocked with a rising yield on the 10-Year Note:
Of course, if they want to get another leg down in the stock market, they could also bid up the bond market and crash yield to help improve the ambience.
If the dollar is going to 100, now is the time:
That would be some bull trap, wouldn’t it?
If the Deep State Globalists want to continue to push the narrative that “the Deep State is out to get Trump”, I’d expect “market participants” to be full of fear:
A gap-up in fear wouldn’t be surprising at all, and, in fact, I’m kind of expecting it.
You see, there’s just too much juicy goodness to let the stock market sit with little movement over the next two days:
We must remember, however, we are, in part, dealing with a B-rate hollywood flunkie and wannabe special effects artist turned Treasury Secretary, Stevie Boy, and since hollywood’s scripts have long since had any originality, we could see the underdog making a comeback on Monday, only to come up short on Tuesday with the game turning back into a rout.
Besides, if the Deep State Globalists are crashing the US economy once and for all, why would they not want the financial damages done to Joe Deplorable, or at least anybody who’s left with money in, and trusting, the financial system, so absolutely devastating that financial damages last for years if not for the rest of Joe Deplorable’s life?
Platinum will spring to life much faster than people realize:
All things considered, platinum is deeply discounted right now.
If the charts matter, palladium’s short term trend has changed:
Even of we go a little lower from here, I think it’s a bear trap.
The paper gold-to-silver ratio is still in the upper 70s:
Of course it is.
For now, they’ve done one heck of a job on the gold daily chart:
They’ve even managed to keep gold well below its 50-day moving average!
They’ve got silver looking even more deathly, just in time for Halloween:
The chart may look real scary, but there’s a funny thing about hyperinflation, you know?
The bottom line as we find ourselves here this beautiful Friday in late October?
The stock market is crashing while the sheeple’s election anxiety builds.
President Trump hasn’t said a word about the stock market in weeks.
And the sheeple are now fully convinced that “their guy” will win.
Be them sheep of the red fleece variety, or of the blue fleece.
The drama is building, and, well, we’re dealing with evil.
Evil loves to celebrate on days like, ohh, Halloween.
Somebody knows what’s in store this weekend.
The question is, “what will be the shock”?
Because it seems like we’re overdue.
For some US-style shock-n-awe.
Only, this time, on US soil.
Use this time wisely.
– 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, a former amateur trader, and a Silver Bug at heart.