Trump Still Fighting Election Results & ‘Markets’ EUPHORIC On Vaccine News, Gold & Silver Naturally CRASH!

Gold plunged about $100 this morning, and silver has plummeted over 7%…

As we start the week, Trump is still fighting the results of the election.

The MSM propagandists’ use of these two words is never a good thing:

A constitutional crisis?

I suppose that’s what it is called when you’ve set the US Constitution ablaze while simultaneously putting out the fire with urine, but either way, who in their right mind would trust anything our “elected” public servants in Washington would do either during a “constitutional crisis” or in response to one?

I for one wouldn’t, but then again, I also think there is something inherently wrong with a person who is a “career politician”, and one only needs to experience the ongoing socio-economic collapse of the United States to see how well of a job they’re doing.

Furthermore, in my experience, I’ve generally found that government at all levels, and especially the Federal level, is more corrupt than not, more lying & conniving than not, more evil than not, more extractive than not, and oppressive than not.

Of course, I am an idiot, right?

So what in the heck do I know?

I know Trump may be “fighting” the election results, or, alternatively, following his script, but that’s not stopping the pumping:

Ahh, such great news!

And in typical fashion, gold & silver crash:

Here’s the thing: The cartel doesn’t care about anything except taking as much of the sheeple’s unbacked, debt-based fiat currency dependent on exponential, unsustainable growth as they want as they play with the “markets”, so if you’re not in on the very inside with direct knowledge of the rigging, or reliable first hand only knowledge on what the cartel is engaged in doing with the markets, well, good luck with that, and the Beast thanks you in advance for the meal.

They’ve smashed silver below its 50-day moving average:

I’m sure the permabear chart huggers love that!

And they’ve really taken gold behind the woodshed:

Uh oh, it’s so scary-scary!

The gold to silver ratio is still in the upper 70s:

Any movement right now in the ratio, however, is for the stacker friendly reason of lower US dollar prices for both gold and silver!

Platinum is back to about a hundred bucks off again, year-to-date:

I do not think platinum ends the year in the red, however.

For now, palladium has stayed above its sideways channel:

It will be interesting to see if support holds at $2400.

Interestingly, gold & silver may be plunging, but copper is spiking:

Which is one clue the action in gold & silver is nothing more than a paper price take-down.

It’s probably a bear trap, too.

Crude oil is spiking on the “great” news:

Because, you know, millions of broke, unemployed people are all of the sudden going to go on cruises, take flights, do road trips, and engage in all of that crude oil consuming stuff!

We know the Fed is good for the stock market, but if Trump is good for the stock market, and if Biden is good for the stock market, then apparently there’s nothing bad for the stock market:

Everything is awesome!

And “market participants” have been lulled back to sleep:

Wouldn’t it be funny, or something, if Trump does fight the results of the election, and the fight drags on for weeks with increasing civil unrest, looting, and riots on Main Street, all the while fear in the market plunges?

We do, after all, have rigged markets all day long, eight days a week, so volatility can be whipped-up or squashed just the same!

For now, the cartel is content with elevated interest rates

What a pathetic state of affairs we live under when I write about a move to 0.8% for 10-year government toilet paper as “elevated”.

The dollar isn’t really doing much of anything right now:

The exact moment the airplane crashes into the ground isn’t important, for the fate is sealed.

The bottom line as we find ourselves here this beautiful Monday in early November?

Trump is fighting the election results, but vaccine news trumps Trump?

That is the impression the MSM propagandists are making today.

Yet I think this could be an interesting week in the markets.

For there is so much uncertainty everywhere we look.

There is political uncertainty with Red Hat hope.

The Lunatic Left is also surely nervous now.

We have good news with Covid, maybe.

It’s an uneasy steadiness, it seems.

If you think vaccines are good.

Yet gold and silver sell off?

Don’t be fooled by this.

It’s a real gift horse.

It’s getting late?

In the game?

It’s indeed.

Very late.

So late.

Much.

So.

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, a former 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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