SD Friday Wrap: The cartel is lashing-out in sheer desperation, and gold & silver are the targets, but the lashing is not likely to last long. Here’s why…
Editor’s Note: This post is subjective opinion and possibly offensive. Do not continue reading if easily offended.
The stakes are high.
What’s at stake?
Oh, just the implosion of all of the phony paper markets.
And I do mean all of them – the stock markets, the bond markets, and the currencies.
And so, once again, they brought the hammer.
But what’s at stake if the cartel goes just a little too far with the gold & silver smashing?
Oh, just the implosion of the most important fraudulent paper market of them all – the paper gold & silver market.
Yes, they are more or less one in the same, with silver being that of “more”, of course.
Is there a catalyst that could set it all off?
After this week, it seems there is.
The catalyst is the people, waking up to smell the putrid roses after Julian Assange’s arrest.
Is the catalyst instantaneous?
It’s more of a process.
You see, it will likely take a little while longer for the Julian Assange arrest to sink-in, but once the reality of the Assange arrest does sink in, I really don’t see how any Red Hat can still not see that President Trump is Deep State in Patriot’s clothing?
The Assange arrest is a very big deal.
And it’s also right on schedule.
On schedule for what?
The Fall Guy.
Following the script, in my opinion, Trump will lose the support of most people in the alternative-media, because, as the alternative-media actually fell under the Deep State’s spell that President Trump was a Patriot, many in the alternative media are finally getting the bitter taste of something that hits a little closer to home.
Besides, Trump relied heavily on the alternative media to get elected, and Trump specifically relied on Wikileaks:
Those were Tweets from Candidate Trump.
There are also compilation videos of Candidate Trump making hundreds of references to Wikileaks during his campaign.
However, just yesterday, after finally breaking his silence after several hours had passed, well, see for yourself:
Trump: “I know nothing about Wikileaks. It’s not my thing”
OK, “Hey Half Dollar, you idiot, you’ve shown your stupidity yet again! President Donald J. Trump is playing 4-D chess. You’ve just gotta trust the plan. This is all building up to the mass arrests of the Deep State traitors culminating with military tribunals in GITMO!”.
Still holding on to that one?
That is why this will take some time to sink in.
OK, “Hey Half Dollar, you really don’t get it man, that rogue spy terrorist illegally had classified United States military information on private servers and released that information over the network, and it was information dealing with National Security!”.
Oh yeah, good point.
Uh, hold on.
Are you talking about Assange?
‘Cause for a second I thought you were talking about Hillary Clinton.
About that information?
War is racket.
People will either come to terms with the fact that they were wrong about something, in this case in thinking that President Trump is a Patriot and not Deep State, but there will also be those who simply live in denial, or conveniently overlook all of the ways in which President Trump has not done any of the actual important things he promised to do that got him elected in the first place.
I think of it like this: Even if I am wrong, and the ex-WWE star turned reality TV super-star turned President is actually a Patriot, it still begs the question: Why is anybody rallying around the captain of the Titanic?
There is no saving the ship.
Only time to gear-up.
Get to dry land.
In accordance to the.
United States Constitution.
The longer it takes to get there.
The re-building becomes less possible.
And if re-building is at all possible, well then.
Either the captain is going to go down with the ship.
Or else, I am correct, and like all of the other Deep State.
Something about fleeing a ship?
Oh rats, I’ve forgotten.
Now, this bears repeating because it is very important: The longer America waits to face our problems, the worse off we will be when we finally do face them.
So Julian Assange is a black swan event, something I talked about with Matt from Silver Fortune several days before Assange’s arrest.
In my opinion, President Trump will be saying things in a literal attempt to lose his base, but the sad part will be the people quick to come to his defense.
Or is it more pathetic than sad?
If Trump is the Fall Guy.
This makes sense.
And if I’m right?
Then all heck.
Right now gold stackers can take one ounce of their gold and exchange it for 88 ounces of silver:
That is what lashing-out in sheer desperation looks like on a chart.
Silver couldn’t re-take $15 to close the week:
Regardless, I’m not looking this gift horse in the mouth.
Gold couldn’t re-take $1300:
Though, in my opinion, gold will likely not be staying under $1300 for much longer.
Palladium is still trading between $1300 and $1400:
Palladium’s chart is looking like a bear wedge that’s about to break-down, though a correction is warranted after such a tremendous run.
Platinum continues consolidation at $900:
Notice that platinum’s daily chart looks like it’s putting-in a bull flag, and if that is the case, then a break-out to the upside is coming, even if palladium breaks-down.
Copper is building an absolutely massive base around $2.90:
I am still thinking the next major move is up.
Crude oil is setting-up to do battle at $65:
I still think crude oil will be trading in the upper-$70s by the end of Spring or Summer.
The S&P 500 is within spitting distance of new all-time highs:
I think we get there.
The cartel +needs to suppress fear in order to get the stock market to rip higher:
At this point, I can see a plunge in the VIX towards a 10-handle, just to make sure the stock market reaches new all-time highs.
Yield on the 10-Year Note will keep climbing in the short-term as the stock market is driven higher:
I think we retest the 2016 lows again before the bond market blows-up, however.
The US dollar is still on the high side of its holding pattern between 96 and 97:
Can’t let the drop begin just yet because the timing is not quite right.
When will the time come when all of the markets finally reverse?
Whenever the turn will have maximum effect on the election.
In the meantime, however, the dollar is relatively strong.
While gold and silver are extremely undervalued.
And judging by the gold-to-silver ratio.
Silver’s even more extreme.
But time is running out.
For prices like these.
– 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.
Editor’s Note –
Did you know that Silver Doctors has a brand new team member? Mike from Rethinking The Dollar has come aboard to report on all of the important gold, silver and finance news. Silver Doctors’ YouTube Channel will be posting videos more regularly, including live-streaming, so if you haven’t already, check out Mike’s latest work at Silver Doctors.