RESTART REQUIRED To Understand What’s Going On With The Markets, Gold & Silver Right Now

SD Outlook: If you’re not sure why silver is still under fifteen bucks as we firmly enter the second half of 2019, then…

Last week I unplugged.

I disconnected.

Tuned-out.

Info.

From last Monday through now, I haven’t seen one external piece of information other than mere interference.

That is to say, I blocked-out all of the information that I could, and that which I could not block-out, I paid no mind.

Why did I unplug?

Meh.

Doesn’t matter.

What matters is how I feel today after having zero new outside influence on my thinking.

And how do I feel?

I feel a lot less stress.

How so?

Well, I wouldn’t call it a “re-birth” or a “re-fresh”, and I certainly would not call it a “cleansing”, ’cause everybody knows ‘Ol Half Dollar ain’t no dang hippie, be it old-school, new-school, new-age or otherwise, but I’m cool with calling it a “re-boot” of my system.

A “restart”, if you will.

You see, the longer you wait to re-boot a computer, the more likely it is to face un-foreseen problems, problems which may or may not even permit a successful re-boot in the first place.

The more important question is what did I learn?

I learned that if a person if has Freedom, meaning not chained to a wall, locked in a cage, or something like that, and if a person has Liberty, meaning able to conduct one’s business and affairs as one pleases, that person has zero control over anything that goes on in the world, no matter how insignificant or how mostimportant that person is.

Not surprisingly, if a person has neither Freedom nor Liberty, then there is even less control over what happens in this world.

And while I’m no mathematician, I’m not so sure if there’s such a thing as “negative control” like there are “negative interest rates”?

But I digress.

Personally, my plan for this week is to assess what I feel and what I learned after having plugged-in, re-connected and tuned-in to the world again.

What am I expecting?

I’m not sure, you know, because of that pesky little “we have zero control” thing.

OK, “Hey Half Dollar, everybody knows you’re no Henry David Throw-Up, so you didn’t just go fishing all week on some secluded mountain-top lake that’s deep in the forest, with nothing more than your thoughts, the dragonflies and the fish in the lake who are laughing at your non-fishing skills, all the while thinking up your next wanna-be deep philosophical literary masterpiece that would actually get people to read what you write, nope, that’s not it at all, for what really happened is that you got involuntarily committed again, and when your walls are padded and the sedation is heavy, they don’t let you have access to TV, radio, internet, and stuff, and your cooperation and good behavior got you discharged after only a week this time!”.

Good one.

Too funny.

But wrong.

This week, I’m just going with the flow.

Looking forward to it.

I’m looking forward to seeing if the rockstars are going with the flow as well:

 

Which is the very definition of “irony” when you think about it, because one thing I learned last week is that we have zero control over what happens in the world, yet the Fed thinks they have total control, 24/7, over the economy & “markets” in general, and interest rates specifically.

When they are forced to re-boot their computers, they will find out that they have caused so many problems, that the computers will not restart and their motherboards will essentially become “bricked”, which means “useless”.

I also learned that our work is never done, no matter how hard we push ourselves, but that is a point to make another day.

I’m looking forward to seeing if the gold-to-silver ratio hits 100:

 

I have said the ratio is topping, but at this rate, it might just turn out to be a “blow-off top”, but I do think when the ratio finally turns, it’s going to turn hard & fast.

Looks like either the cartel is in retreat, or are the gold bugs are about to be let-down, yet again, at this $1350 to $1375 resistance level:

I’m not sure what the manipulation deniers, system apologists, and willing enablers used as the reason for gold’s spike last week, but I do know this – whatever they said is wrong.

Now firmly more than half-way into 2019, and silver is still under fifteen stinkin’ bucks:

I’m pretty sure the same manipulation deniers, system apologists and willing enablers are all giddy and talkin’ about a near-term “bull wedge” on silver’s daily chart.

Palladium is on the move again:

I like today’s chart theme, so let’s keep it going – only lets call them “experts”, and as such, the experts will be talking about a “cup-n-handle” chart formation soon.

Platinum is still down in the dumps:

The experts are likely saying the bottom is ready to fall out of platinum.

My crude oil call has gone even further against me (that’s what experts say in-lieu of admitting they’re wrong):

I’m sure the calls for $40 oil are coming out of the woodwork.

Copper has done nothing in a week:

As crude oil turns and moves higher, I’m expecting copper to do the same, and as my timeline for crude oil has been spring/summer, we must be getting close to the turn now.

Speaking of having done nothing all week, Dow’s done that:

The experts are saying the “market” is holding-out for when the Fed’s June FOMC statement “hits the tape” at 2:00 p.m. EST on Wednesday, June 19th, and while I don’t like agreeing with people, agreement is inevitable in some circumstances, so I guess I’ve gotta agree and say I think the stock market will be marking-time as well.

What?

Agreeing with the “experts” is not the same thing as being able to stomach them, right?

I mean, I do think we can all agree the best tires for a bicycle are round and not square.

The VIX is in a holding pattern of near perfect complacency:

Theoretically of course, because there is no such thing as perfect complacency, so in reality, the VIX isn’t going to zero.

Prices are always on the move, so when someone says, “what’s the price of silver”, what they are referring to is the last price, not the next price.

There is a difference.

A big difference.

Huge.

And since that is an important albeit utterly simple concept to grasp, I’d ask you to read that “what’s the price of silver” sentence again.

The bottom has still not fallen out of the yield of the 10-Year Note:

It will be very interesting to see where yield finishes the week following what in my opinion will be a Fed “pause” on rates, yet again.

The dollar looks like it doesn’t want to go down without a fight:

That’s a year-long range between 96 and 98, and I still think the next major move is down, meaning a weaker dollar.

The bottom line as we find ourselves here on this beautiful mid-June day?

Well, I’d like to ask you a question, because this affects us all.

When’s the last time you re-booted your system?

Will it restart successfully, or fail to boot?

My system re-booted, thank God.

The problem is most people.

Either can not or will not.

Re-boot their systems.

How vital it really is.

In order to grow.

Appreciative.

Stronger.

Wiser.

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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