Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Stock Market Elliott Wave Analysis - 23rd Nov 20
Evolution of the Fed - 23rd Nov 20
Gold and Silver Now and Then - A Comparison - 23rd Nov 20
Nasdaq NQ Has Stalled Above a 1.382 Fibonacci Expansion Range Three Times - 23rd Nov 20
Learn How To Trade Forex Successfully - 23rd Nov 20
Market 2020 vs 2016 and 2012 - 22nd Nov 20
Gold & Silver - Adapting Dynamic Learning Shows Possible Upside Price Rally - 22nd Nov 20
Stock Market Short-term Correction - 22nd Nov 20
Stock Market SPY/SPX Island Setups Warn Of A Potential Reversal In This Uptrend - 21st Nov 20
Why Budgies Make Great Pets for Kids - 21st Nov 20
How To Find The Best Dry Dog Food For Your Furry Best Friend?  - 21st Nov 20
The Key to a Successful LGBT Relationship is Matching by Preferences - 21st Nov 20
Stock Market Dow Long-term Trend Analysis - 20th Nov 20
Margin: How Stock Market Investors Are "Reaching for the Stars" - 20th Nov 20
World’s Largest Free-Trade Pact Inspiration for Global Economic Recovery - 20th Nov 20
Dating Sites Break all the Stereotypes About Distance - 20th Nov 20
THE STOCK MARKET BIG PICTURE - Video - 19th Nov 20
Reasons why Bitcoin is Treading at it's Highest Level Since 2017 and a Warning - 19th Nov 20
Media Celebrates after Trump’s Pro-Gold Fed Nominee Gets Blocked - 19th Nov 20
DJIA Short-term Stock Market Technical Trend Analysis - 19th Nov 20
Demoncracy Ushers in the Flu World Order How to Survive and Profit From What Is Coming - 19th Nov 20
US Bond Market: "When Investors Should Worry" - 18th Nov 20
Gold Remains the Best Pandemic Insurance - 18th Nov 20
GPU Fan Not Spinning FIX - How to Easily Extend the Life of Your Gaming PC System - 18th Nov 20
Dow Jones E-Mini Futures Tag 30k Twice – Setting Up Stock Market Double Top - 18th Nov 20
Edge Computing Is Leading the Next Great Tech Revolution - 18th Nov 20
This Chart Signals When Gold Stocks Will Explode - 17th Nov 20
Gold Price Momentous ally From 2000 Compared To SPY Stock Market and Nasdaq - 17th Nov 20
Creating Marketing Campaigns Using the Freedom of Information Act - 17th Nov 20
ILLEGITIMATE PRESIDENT - 17th Nov 20
Stock Market Uptrend in Process - 17th Nov 20
How My Friend Made $128,000 Investing in Stocks Without Knowing It - 16th Nov 20
Free-spending Biden and/or continued Fed stimulus will hike Gold prices - 16th Nov 20
Top Cheap Budgie Toys - Every Budgie Owner Should Have These Safe Bird Toys! - 16th Nov 20
Line Up For Your Jab to get your Covaids Freedom Pass and a 5% Work From Home Tax - 16th Nov 20
You May Have Overlooked These “Sleeper” Precious Metals - 16th Nov 20
Demystifying interesting facts about online Casinos - 16th Nov 20
What's Ahead for the Gold Market? - 15th Nov 20
Gold’s Momentous Rally From 2000 Compared To Stock Market SPY & QQQ - 15th Nov 20
Overclockers UK Quality of Custom Gaming System Build - OEM Windows Sticker? - 15th Nov 20
UK GCSE Exams 2021 CANCELLED! Grades Based on Mock Exams and Teacher Assessments - 15th Nov 20
Global "Debt Mountain": Beware of This "New Peak" - 13th Nov 20
Overclocking Zen 3 Ryzen 5600x, 5800x, 5900x and 5950x to 4.7ghz All Cores Cinebench R20 Scores - 13th Nov 20
Is Silver Leading Bitcoin or is Bitcoin Leading Silver? - 13th Nov 20
How Elliott Waves Simplify Your Technical Analysis - 13th Nov 20
How to buy Bitcoins using debit/credit card? - 13th Nov 20
Will COVID Vaccine Kill Gold and Silver? - 12th Nov 20
Access to Critical Market Reports - 12th Nov 20
Stock Market Dow Futures Reach 30,000 on News of COVID-19 Vaccine Trials Success - 12th Nov 20
8 Terms & Conditions You Must Know Before Asking For Life Insurance Policy Quotes - 12th Nov 20
Gold Stocks Post 2020 US Election Outlook - 11th Nov 20
Champions’ League Group Stage Draw: All You Need To Know - 11th Nov 20
Stock Market Secular Trend - 11th Nov 20
Stock Market Correction Curtailed by US Election - 11th Nov 20
What Causes a Financial Bubble? - 11th Nov 20
Ryzen 9 5900X RTX 3080 - Scan.co.uk vs Overclockers.co.uk UK Custom PC System Builder Review - 10th Nov 20
Killing Driveway Weeds FAST with a Pressure Washer - Saving Block Paving from LOTS of WEEDs - 10th Nov 20
Trump Fired, Biden Hired, What Next?  - 10th Nov 20
Looking for a Personal Loan? Here Is What You Have To Know  - 10th Nov 20

Market Oracle FREE Newsletter

How to Get Rich Investing in Stocks by Riding the Electron Wave

Credibility – Confidence – Chaos and GOLD!

Commodities / Gold and Silver 2016 Nov 08, 2016 - 04:04 PM GMT

By: DeviantInvestor

Commodities

The corrupted Republican and Democratic parties in the U.S. have put forth two of the most despised candidates – ever. One candidate is probably more corrupt than LBJ and both parties are rapidly losing credibility. Ask yourself, does either party speak for anyone but the political and financial elite?


The Dept. of Justice and the FBI have lost credibility by not prosecuting HRC and many others. Former Mayor Giuliani said about The Clinton Foundation, “If I was attorney general, I would indict the Clinton Foundation as a racketeering enterprise.”

The credibility of central bankers will decrease further. Central bankers have held interest rates near zero for about eight years and have pushed over $13 Trillion in sovereign debt “yields” to a negative interest rate. Crazy!

Market credibility and confidence in markets will decline. Stock, bond, and currency markets have been levitated by central bank “printing” for years. The newly created dollars, yen, pounds, and euros devalued existing currency units, destroyed pension plan returns and raised consumer prices. This process has been beneficial to the financial and political elite but not the lower 95%.

But what about markets?

Markets, economies, and governments are held together by confidence in their systems and integrity, or at least their ability to sell the story of honesty and integrity. If the credibility of and confidence in such institutions as the Presidency, congress, FBI, Department of Justice, Wall Street, the Fed, and the dollar declines further, as seems likely, markets will react badly. Expect declines for stocks and bonds, a weakening dollar, and rallies in gold and silver.

Clint Siegner of Money Metals Exchange:

“This campaign is dragging whatever prestige is still associated with the Office of President into the mud.”

“There are indications of widespread voter fraud.”

“The FBI and Department of Justice are enforcing two sets of rules. One for Hillary Clinton and Wall Street and another for the rest of us.”

“Congressional approval ratings have been in the dumpster for years.”

“People are rapidly losing faith in the Federal Reserve.”

“Confidence in the greenback is, so far at least, holding up remarkably well. How long can that edifice keep standing while faith in institutions surrounding it continues to crumble?”

Note: Money has always bought politicians. What is the price for a “Pardon?”

From Graham Summers: The Market Just Gave us Three “Tells

“Long bonds led stocks to the upside this year. They’re now leading DOWN.”

“But earnings have already collapsed to levels not seen since 2012. Stocks would need to CRASH over 25% to below 1,500 just to catch up.”

From Graham Summers: Did the $100 TRILLION Global Bond Bubble Just Burst?

“Globally bonds are collapsing.”

“Folks, the bond markets are flashing DANGER DANGER. Globally the bond bubble is now well over $100 Trillion. And to top it off, there’s another $555 TRILLION in derivative trading based on bond prices.”

“Another Crisis is brewing…”

From John Rubino: This is What Gold Does in a Political Crisis

“First, the financial stability that results from central banks buying up bonds and stocks and guaranteeing the derivatives books of the big banks is illusory.”

“Second, Trump was just a warning shot.”

“Which leaves three scenarios going forward:

  1. Trump wins and today’s gold bull market is turbo-charged, with $100 up days becoming the norm for a while.
  2. Clinton wins and business as usual continues until the system collapses under the weight of its own corruption – setting off a stampede into precious metals.
  3. The next election features a Trump sans the horrendously rough edges, who wins a mandate from both right and left to break up the banks, audit or abolish the Fed and close down the global military empire. And terrified establishment capital pours into gold.

However you slice it, the big trends all point toward chaos. And chaos is always and everywhere good for precious metals.” [Emphasis mine]

Read Karl Denninger: What If

Read Alasdair Macleod: Codes of Behaviour

CONCLUSIONS: (written before the election…)

  • Confidence holds the economy, markets, credit systems, elections and society together.
  • The credibility of and people’s confidence in most institutions has eroded – deservedly so. Expect some chaos, possibly wide-spread chaos.
  • Is HRC potentially a larger liability than asset to the powers-that-be, or has the “fix” already been locked into the election? Read: Paul Craig Roberts
  • Look for increased volatility after the election, expect stock and bond market corrections and/or crashes in late 2016 or 2017, and expect spikes upward in gold and silver as panicked wealth searches for safety.
  • Politicians will do what they do – borrow and spend. The Fed will do what they do – devalue dollars and feed profits to the banks. The financial and political elite will act to benefit themselves and only them. A reset will come.
  • Gold (and silver) prices in all fiat currencies will zoom higher in 2017 – 2021.
  • There will be death threats, deaths, and pardons. Not everyone will be pleased.
  • Wars, nuclear confrontations, and massive expenses for global militaries benefit the arms manufacturers, bankers, and politicians. The rest of us are stuck with higher prices, refugees, and friends and family in body bags.

Gold flies, paper dies!

Gary Christenson

GE Christenson aka Deviant Investor If you would like to be updated on new blog posts, please subscribe to my RSS Feed or e-mail

© 2016 Copyright Deviant Investor - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Deviant Investor Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules