Beware The Fourth Of July Fireworks In The Silver Market? KABOOM!

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from Silver Doctors:

There will be fireworks. The only question is, who will be launching them?

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Half Dollar’s Note: Grab your less than legal fireworks, or not, throw ’em into the bed of your Giddy-Up Pick-Up Truck, and enjoy a long holiday weekend, have a Happy Independence Day, and don’t expect ‘Ol Half Dollar to get around to doing any sort of writing on Monday, be it second rate, b-rate, irate, reduced rate, the other rate, or otherwise!

In the meantime, go ahead and enjoy something I scribbled and recorded in 2016, when I went ahead and just rewrote the Declaration of Independence for everybody.

TRUTH LIVES on at https://sgtreport.tv/

It should spare us a crapton of political bickering.

Anyway, I think you’ll find the rewritten version is more appropriate now, than ever (YouTube “Featured Image” pic of me not from 2016):

It sure sounds like the New-And-Improved Declaration of Independence was written on July 4, 2021, doesn’t it?

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(by Half Dollar) Everybody’s looking for a repeat of last year.

I know, right?

As if the Cartel was so kind.

They’re not.

But for some reason, everybody thinks that beginning next week, silver is going to go on a rip-your-face-off rally and rise $12 in price by the first week of August.

I mean, it could happen, people say the technicals on silver’s chart are indicating that it is going to happen, and I think there’s like a cold-front with a freak summer snowstorm happening all over the Western United States right now, so there’s that too.

Sadly, of course, from, call it, $27, to $39, that would still put us nowhere close to all-time record highs.

Gold took off like a rocket ship in late July of last year too, and gold broke through $2080 the ounce for the first time in early August.

Side Note To All Of The Silly Deflationistas: When you were given $20.67 for that pre-1933 Double Eagle you turned-in when Roosevelt Unconstitutionally confiscated the people’s gold, but that same exact coin, or nearly, one single ounce of gold, now costs over $2,089.00, know that your dollar has already hyperinflated.

Side Note To The Side Note To All Of The Silly Deflationistas: If you are having a hard time understanding the fact that the United States Dollar has already hyperinflated, here’s another way of looking at it using the Ministry of Plenty’s own CPI and today’s approximate gold price:

There are other ways to show how the US Dollar has already hyperinflated, but the absolute very last thing that I want to do just before the beginning of a long holiday weekend is start digressing.

So again, exactly why is the Cartel going to let silver begin a rip roaring rally next week and risk the same exact embarrassment for not only the second year in a row, but arguably for the third year in a row?

Additionally, let’s think about what the fundamentals are saying about gold & silver right now:

  • Long holiday weekend with light trading volume, including a Federal/market holiday.
  • Everybody jumping up and down expecting gold to skyrocket because of Basel III.
  • Psychologically speaking, there has not yet been a capitulation in silver.
  • When everybody gets back to work, or play, or whatever, come Tuesday, the “booming economy” narrative will be the narrative of the day.
  • That, or there will be some horrendous False Flag or False Flag Hoax over this long Summer weekend, just as everybody is ready to celebrate a long Summer weekend like they’ve never celebrated a long Summer weekend before.
  • Extra, bonus stimmy money (Child Tax Credits) doesn’t begin until mid-July.
  • Everybody’s newfound favorite silver “advocates” are back to pumping the penny stocks, again.
  • Etcetera, etcetera, etcetera.

If the fundamentals have been driving the gold & silver “markets”, which clearly the fundamentals have been, as evidenced by the gazillions of wrong calls all of the Chart Huggers have been making since late January/early February, then the only thing that’s going “to da moon” next week, besides convertible Teslas, of course, will be the fireworks shot off from sea to shining sea.

And if they don’t make it to da moon, then hopefully they will at least clear the trees and the rooftops.

Shameless Plug Time: I spent 25 minutes talking about the markets, the economy, and the charts on Wednesday, which is published as part of my Midweek Market Report over at the best online gold & silver bullion dealer’s website:

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