by Andy Hoffman, Miles Franklin: It’s early Tuesday, and it’s hard to recall a day where complacency reigned so supremely. The product, of course, of the historic market manipulation that exponentially “stair-stepped” on Election night – when Trump’s “BrExit times 10” dealt a mortal blow to TPTB, forever ending America’s role as a global “superpower.” Not because Trump the person makes a whit of difference – as frankly, it would be impossible for him to be worse than Hillary (and Bill) Clinton. But instead, as said “powers that be” be no longer had a puppet to forge horrific, 1%-serving deals like the TPP, Paris Climate Accord, NATO, NAFTA…and Obamacare; which unfortunately, even Trump’s most passionate efforts have failed to alter – given that, now that the “socialist genie” is out of the bottle, it can NEVER be returned.
That night, with “Dow Jones Propaganda Average Futures” down 750 points and gold up $50/oz, “they” haphazardly decided to alter the course of history by not only “doubling down” their already historic market manipulations – which throughout the summer, had been “set up” to cause stock increases and Precious Metal declines whenever Hillary appeared to be winning; but creating the false meme of “Trump-flation” – which also suggests higher stocks and lower PMs – to “justify” it. A meme, I might add, that not only miserably failed, but never made sense in the first place.
Thus, even as America’s economy weakened further; whilst interest rates, commodities, and the dollar declined; and not a single campaign promise was met – from the “repeal and replace” of Obamacare; to higher fiscal spending; and lower taxes, regulations, and military entanglements; Precious Metal prices have been held down, whilst stocks were literally never allowed to decline. To the point that, not only are we experiencing “dotcom valuations in a Great Depression Era,” but record-low stock and bond volatility; as highlighted by the unfathomably ridiculous fact that we are amidst the fourth longest period without a 5% S&P 500 stock decline in nearly a century.
I two days ago posted the below charts, of silver being “capped and attacked” by the tried-and-true “Cartel Herald” algorithm at the Cartel’s “key attack time #1” of 10:00 AM EST, when global physical PM trading ends for the day.