IS A NEO-LIBERAL “FIFTH COLUMN” OF REPUBLICANS JOINING WITH DEMOCRATS TO IMPEACH TRUMP?

by: Harley Schlanger

Aug. 3 — From the beginning of Donald Trump’s 2016 election campaign, there was no doubt he would face fierce opposition from the Democratic Party, whose nominee Hillary Clinton raised questions about her opponent’s mental stability. For example, at a campaign rally on June 2, 2016, in San Diego, she taunted him for expressing a willingness to cooperate with Russian President Putin: “I’ll leave it to the psychiatrists to explain his affection for tyrants,” she quipped.

This attack, before the formal opening of the FBI’s “Get Trump” task force at the end of that month, presaged the narrative of “Russian meddling” and “Trump collusion”, which has dominated the opposition to Trump since his election shocked Clinton’s supporters, who arrogantly assumed that she would win. In the two months between his election victory and his inauguration, the word “impeachment” was increasingly heard, as stunned Democrats in the U.S. and Hillary backers overseas — for example, in the U.K., where the Russiagate story had been launched by imperial geopoliticians in the intelligence community — schemed for ways to overturn the result of the election.

Though his opponents offered many reasons for wanting to remove Trump, the most significant has continued to be his expressed desire to work with Russia’s President Putin to resolve outstanding issues between the two nations. While Clinton demonstrated a reckless disregard for the dangers implicit in her anti-Russian rhetoric during the campaign — as in her demand that the U.S. impose a “no-fly zone” in Syria, risking U.S.-Russian military confrontation there — the anti-Trump/anti-Putin rants have become even more intense since the historic Helsinki summit last month. Typical was the unhinged response of President Obama’s CIA Director John Brennan, who tweeted that Trump’s comments at the post-summit press conference with Putin were “nothing short of treasonous.” He challenged “Republican Patriots” to respond against Trump.

However, given the Republican majorities in both Houses of Congress, and the overwhelming support for Trump among voters who identify as Republicans, there appeared to be little chance that Democrats could successfully remove Trump through impeachment proceedings. Though there has been a vocal anti-Trump grouping among Republicans, especially among the neo-conservative Bush networks which coalesced around a “Never-Trump” operation early in the campaign, the President’s support from the Republican base and blue-collar Democrats demonstrated there would be a price to be paid by any Republican official who would join with Democrats in a move to impeach him.

While this did not deter hard-core Republican Senate Russophobes, such as John McCain and his sidekick Lindsey Graham in their anti-Trump/anti-Russia polemics, Democratic anti-Trumpers became obsessively focused on taking back the U.S. House in the November 2018 mid-term elections as the best hope for bringing forward a successful impeachment campaign.

IT’S NOT JUST RUSSIAGATE
The work of a handful of diligent Republican Congressmen, such as Devin Nunes and Jim Jordan, has produced voluminous evidence that the Russiagate story was concocted to prevent Trump from following through with his campaign pledges to end the policies of the Bush-Obama era. Their investigations have confirmed the reports produced by the LaRouche organization, which show that the real meddling in the election was by British intelligence officials, through their collusion with Obama intelligence officials, and the Clinton campaign, which paid for the fully discredited dirty dossier against Trump compiled by “ex-MI6” operative Christopher Steele. That dossier was used by the FBI to get FISA warrants to spy on Trump campaign officials, and provide “talking points” to media opposition to his presidency.

Despite this evidence, which highlights the corruption of the FBI and Justice Department networks engaged in the campaign against Trump, many of the Republicans who produced the evidence undercut their work by insisting that there was Russian meddling, only it was on behalf of Hillary Clinton! This explains why almost all Republicans joined with the Democrats in August 2017 to pass harsh anti-Russian sanctions, to “punish” Russia. This line continues to be pushed by Republicans today. On July 31, at a National Cyber Summit sponsored by the Department of Homeland Security, Vice President Mike Pence asserted that “Russia meddled in our 2016 elections,” in an effort to “sow discord and division,” calling this “an affront to our democracy” and vowing that “it will not be allowed.”

Sen. Graham is spearheading new sanctions legislation, insisting, without offering any evidence, that the current sanctions regime “has failed to deter Russia from meddling” in the coming mid-term elections. He demanded “crushing sanctions” until “Putin stops meddling”, adding that this should continue until Putin ends cyber attacks, “removes Russia from Ukraine, and ceases efforts to create chaos in Syria”!

Helga Zepp LaRouche, the chairman of the Schiller Institute, has pointed out that this hysteria is not just about Russia, but represents opposition to Trump’s efforts to break with the whole post-cold war order shaped by the neocons. Fearful of the emergence of a new multilateral order, explicit in the global momentum in support of China’s Belt-and-Road Initiative (BRI), the neocons are desperate to keep Trump from joining this New Paradigm, to defend their unilateral order based on British imperial geopolitics and City of London financial control, enforced by U.S. military muscle. Trump’s desire to collaborate with China, Russia and others, as seen in the Singapore summit with North Korea’s Kim, and in Helsinki, represents an existential threat to Trans-Atlantic unilateralism.

However, as the battle between Trump and a leading force in Republican “conservative” networks, the Koch brothers, Charles and David and their Americans for Prosperity funding operation, has again become public, it is evident that the opposition among Republicans to Trump goes beyond his foreign policy.

NEOCONS AND NEO-LIBS UNITE AGAINST TRUMP
The Trump-Koch brothers feud predates the 2016 election. In 2015, the Kochs invited Republican hopefuls to a conference, to help donors decide who to fund in 2016. Trump opponents Jeb Bush, Marco Rubio and Ted Cruz were invited, but Trump was not. In response, he tweeted “good luck to all of the Republican candidates that traveled to California to beg for money etc. from the Koch Brothers. Puppets?”

In all, the Koch brothers spent close to $900 million in the 2016 campaign, including significant outlays to Trump opponents in the Republican presidential race, and to Republican Congressional candidates. They refused to back Trump during the campaign. At a donor conference on January 30, 2017, just after Trump’s inauguration, Charles Koch echoed the rallying cry of Clinton Democrats when he said, “We have a tremendous danger because we can go the authoritarian route” under Trump.

The Koch brothers are at the center of Republican Congressional opposition to the economic agenda that Trump campaigned for, which explains in part why his pledge to restore Glass Steagall — which he insisted be included in the Republican Party Platform — and fund a revitalization of American infrastructure, have not happened. The brothers liberally fund neo-liberal opponents of the American economic system. They are rabid supporters of the free trade agenda, typified by NAFTA and the Trans-Pacific Partnership, which Trump has opposed; they favor outsourcing of industry, rather than a policy to revive American manufacturing; they oppose government funding for infrastructure, favoring instead Public-Private Partnerships; they oppose Trump on immigration, as they favor bringing in immigrants to perform cheap labor; they are committed to privatizing Social Security, to bring retirement funds into private investment swindles typified by those favored by their well-funded think tanks, the Heritage Foundation and the Cato Institute (they have contributed more than $100 million to such neo-liberal think tanks); and they support all efforts to impose austerity on government spending, to reduce “big government.”

During the 2016 campaign, Trump blistered large Republican donors, such as the Kochs, calling them “highly sophisticated killers” whose donations give them control over legislators. He denounced Super Pacs, such as Americans for Prosperity, as “corrupt.” His comments at his victory party after the election generated deep alarm from the donor class, when he promised to “rebuild our highways, bridges, tunnels, airports, schools and hospitals.”

Koch puppets in Congress include House Speaker Paul Ryan, whose “Team Ryan” received $500,000 from the Kochs, and free traders such as anti-Trump Republican Senators Jeff Flake, Patrick Toomey and Bob Corker, who work with Democrats such as Charles Schumer to undermine Trump. Among their favorites are Republican Senator Ben Sasse, a frequent Trump critic who is threatening to run against him in 2020, and neocon Ambassador to the United Nations, Nikki Haley, who often counters Trump’s statements on foreign policy matters, and convinced the Kochs to support fellow South Carolinian Lindsey Graham. Another favored politician is Mike Pence, who received $200,000 from them for his 2012 campaign for Governor of Indiana.

When Charles Koch announced last week that he would be willing to back Democrats and anti-Trump Republicans to stop Trump, pledging to spend between $300 and $400 million to elect a neo-liberal Congress, the battle line for 2018 was drawn. If the Democrats could take back the majority of the House in 2018, and persuade some Republicans to join them, impeachment of Trump becomes a possibility. In response to Koch’s announcement, the President tweeted on July 31 that the Koch brothers are a “total joke in real Republican circles,” adding “I never sought their support because I don’t need their money or their bad ideas.”

For Trump to succeed in his efforts to reshape both strategic and financial policy, he must be more aggressive in countering the “bad ideas” of the Koch brothers and their ilk. Openly campaigning for Lyndon LaRouche’s Four Laws would provide him with the American System agenda which he has spoken about favorably. Given that his election victory in 2016 was driven by his opposition to the war policy of Clinton and the neocons, and his support for restoring the American system, to revive American manufacture and provide well-paid jobs to underemployed and underpaid American employees, this strategy would not just defeat his opponents, but bring the United States into full cooperation with the New Paradigm. This would send the Koch brothers to the proverbial “dust-bin of history.”

WITH RUSSIAGATE TURNING INTO “MUELLERGATE”, WILL THE TRUMP-PUTIN SUMMIT FINISH OFF THE U.S. BRITISH “SPECIAL RELATIONSHIP”? | HARLEY SCHLANGER

CONTRIBUTION BY HARLEY SCHLANGER

July 13 — As the world awaits the upcoming summit between U.S. President Donald Trump and Russian President Vladimir Putin, the battle over Russiagate in the U.S. is heating up to a boiling point.  Developments in the last days, which include a new level of partisan recrimination in the U.S. Congress, show that those who created the “Russian-meddling-Trump-colluded” narrative, to prevent Trump from breaking with the anti-Russian policies of the Obama administration, are escalating their efforts to sabotage any agreement which might be reached between the two leaders.  Watching this unfold, there can no longer be any doubt that peaceful cooperation between the two nuclear superpowers is seen as an existential threat to those London-based geopoliticians who created the post-Cold War order.  Their greatest fear is that Trump is committed to dismantling this order, and that there is growing support within the populations of European nations for that to occur.

 

Listen to the words of the Democratic leader in the U.S. Senate, Charles Schumer, days before the Trump-Putin summit.  Trump’s duty, he proclaimed, “is to protect the American people from foreign threats, not to sell out our democracy to Putin.”  Note that Schumer issued a slightly-veiled threat to Trump on January 4, 2017, before his inauguration, not to challenge the authority of the intelligence community officials under Obama, who were at the forefront of the U.S. side in making the charges against Putin and Trump.  Schumer told MSNBC’s Rachel Maddow that Trump is “being really dumb” to challenge the intelligence community’s allegations against Russia.  “Let me tell you,” he said, “you take on the intelligence community, they have six ways from Sunday at getting back at you.”

 

Since that time, the regime change operation that Schumer was defending has been thoroughly exposed by diligent investigations conducted by Republican members of both houses of Congress.  Their investigations have confirmed what LaRouchePAC and this news service stated at the outset, that those seeking to defeat Trump’s campaign, and to destroy his presidency if he won, have engaged in illegal actions involving the highest levels of government, from President Obama on down; and that these actions were conducted, from the beginning, in collusion with the top levels of British intelligence — beginning with GCHQ’s charges of “suspicious” Russian cyber activity, to MI6 “ex”-operative Christopher Steele’s circulation of a lying memo alleging that Putin was engaging in sexual blackmail against Trump, to control him — which led to the establishment of FBI Director Comey’s “Get Trump” task force at the end of July 2016.

 

Among the small group tasked by Comey with the responsibility to take down Trump was FBI agent Peter Strzok, the number two man in the FBI in counterintelligence and the liaison to CIA director John Brennan, a leader in the Get Trump operation.  Strzok was at the center of a highly contentious hearing in the House Judiciary Committee on July 12, during which he defiantly denied that his bias against Trump affected his job in investigating both the Clinton email scandal and the allegations of a Russian connection to Trump.

 

After acknowledging that he “detested” Trump, a portion of Strzok’s text message exchange with his mistress Lisa Page, who was the chief legal adviser to disgraced former FBI deputy director Andrew McCabe, and worked with Strzok on the Clinton case, the Russian investigation and later Mueller’s team, was read aloud:

Page: Trump “is not ever going to become President, right?”

Strzok: “No. No he’s not.  We’ll stop it.”

 

The Inspector General of the Justice Department released a report last month, which said of the Strzok-Page exchanges, that they damaged the “FBI’s reputation for neutral fact finding  and political independence.”  However, incredulously, the report found that such displays of “bias” did not affect the FBI’s investigation!  When challenged on this, Strzok claimed there is “simply no evidence of bias in my professional actions.”  He later denounced the hearing, saying that it is “just another victory notch in Putin’s belt and another milestone in our enemies’ campaign to tear America apart,” which he obviously blames on those defending the President, not on those, like himself, who are committed to a “regime change” in the U.S., to overturn the result of the 2016 U.S. election.

 

At the beginning of the hearing, Strzok insisted that proof that he had no bias is that he was one of the few who “knew details of Russian election interference and its possible connections to members of the Trump campaign,” but he did not make that public.  He was not challenged as to what proof he had of election interference.  After two years of FBI investigation, not a shred of real evidence of Russian interference, or Trump collusion, has been produced.

 

MUELLER’S WITNESS TAMPERING

Meanwhile, special counsel Mueller is preparing for trial in the case he has brought against former Trump campaign chairman Paul Manafort, scheduled to begin on July 25 in Alexandria, Virginia.  Manafort has been charged with bank fraud and tax violations.  In a second case, which will open on September 17, Manafort is charged with money laundering, obstructing justice and acting as an unregistered agent of Ukraine.  Mueller’s team has acknowledged that in neither trial will they present evidence of collusion with Russian efforts to rig the election.  Manafort’s attorneys are arguing that the charges should be dropped, as they have nothing to do with Mueller’s mandate to investigate the election.

 

The charges against Manafort predate his involvement in the Trump campaign, and may reflect a British-Obama vendetta against him, for his role in aiding the election victory of Viktor Yanukovych as President of Ukraine in 2010.   Manafort served as a paid consultant to Yanukovych and his party, and developed a campaign strategy that was successful.  Obama political operatives had been deployed to help Yanukovych’s opponent.  Yanukovych was overthrown in a regime change coup orchestrated by neocons in the Obama administration in 2014, which triggered a series of events leading to sanctions against Russia, and kicking Russia out of the G8, based on the false charges that Russia invaded Ukraine and illegally seized Crimea.  Settling the Ukraine issue and possibly lifting sanctions will likely be on the agenda of the Trump-Putin meeting in Helsinki.

 

Manafort is presently in prison, despite having been convicted of no crime, his bail revoked due to charges from Mueller that he was engaged in “witness tampering.”  One legal expert commented that if anyone is engaging in witness tampering, it is Mueller, whose method of prosecution includes using threats of lengthy sentences, going after family members, and bankrupting targets through requiring them to absorb huge legal fees, to convince them to “flip”, to give concocted “evidence” to go after a bigger fish.  Mueller’s lead prosecutor in the Manafort case, Andrew Weissman, is notorious for his use of such tactics, and convictions he won using these tactics have been overturned by higher courts.  Manafort continues to assert his innocence, and is preparing an all-out fight, from his jail cell, against the charges brought by Mueller and Weissman.  The same tactics were applied against Trump’s former National Security Adviser Michael Flynn, who pleaded guilty to “lying to the FBI”, after Mueller threatened to bring charges against his son, and Flynn acknowledged that he was running out of funds to conduct a legal defense.

 

These tactics are also being applied against Trump’s former personal attorney Micheal Cohen, who is rumored to be seeking a deal.  He told ABC News that “loyalty to my family” comes before loyalty to the President.  He has brought into his legal team Lanny Davis, formerly an attorney representing Bill Clinton.  Davis wrote a book, “The Unmaking of the President 2016”, in which he questions the legitimacy of Trump’s election and asserts he could be removed due to “mental impairment.”

 

As the hearing with Strzok demonstrates, the tide has shifted against Mueller, as FBI officials, including Comey and McCabe, as well as Department of Justice officials, such as Bruce Ohr, are now in the line of fire for the illegal actions and tactics they employed in service of a regime change in Washington.  Central to these investigations is the relationship these officials had with British intelligence operative Steele and his “dodgy dossier,” and the FBI’s use of sting operations, designed to entrap Trump campaign officials.  Already brought to light has been the role of Stefan Halper and Josef Mifsud, who are shared assets of U.S. intelligence and MI6, in planting the idea with lower-level Trump representatives that the Russians had “dirt” on Hillary.  Also identified as a sting operator is Henry Greenburg, who spent years in a Russian prison, then worked for the FBI for nearly two decades.  Greenburg approached Trump strategist and long-time friend Roger Stone, offering “dirt” from the Russians on Hillary Clinton in return for a payment of $2 million.  Stone turned him down, telling the friend who set up the meeting that it had been a “waste of time.”

 

 

BRITS PANICKED BY TRUMP-PUTIN SUMMIT

As Mueller’s witch hunt has yet to find any evidence of  illegal acts by Putin or Trump, the U.S. President has undertaken a series of bold initiatives, which fundamentally challenge the post-Cold War order.  After leaving leaders of the G7 summit in Canada fuming, he held a successful summit with Kim Jong-un in Singapore, which was hailed by Helga Zepp LaRouche as the “Singapore example” for overcoming adversarial relations.  Trump’s success in dealing with North Korea was facilitated by international diplomacy, which included his collaboration with China’s President Xi Jinping, Russia’s Putin, Japan’s Prime Minister Abe and South Korean President Moon.

 

Though his opponents in both parties in the U.S. were visibly unhappy with the results of Singapore, Trump moved ahead to schedule his summit with Putin.  While he had hoped to meet with Putin long before now, the Russiagate attacks on him were an obvious impediment to scheduling a summit, due to fears of his advisers that he would appear to be a “Putin puppet” if he met with him.  Further efforts to disrupt a possible improvement of relations included the near-unanimous votes in both the U.S. House and Senate in July 2017 for harsh sanctions against Russia, and repeated British-instigated frauds, such as the alleged Russian role in the Skripal poisoning, and in supporting Assad’s use of chemical weapons — both frauds which have been subsequently refuted, but greatly heightened tensions between the two nations.

 

No sooner was the summit announced than the usual suspects moved to undermine his initiative.  Most vituperative were the British, who focused on the expected tussle with Trump at the NATO summit, which preceded his meeting with Putin, as a point of attack.  The {London Times} declared on July 8 that NATO leaders fear “an assault on the transatlantic alliance by Donald Trump.”

 

Even more hysterical was a column in the Guardian on July 8 by Simon Tisdale, who asks, “Is the U.S. a friend — or a foe?”  Tisdale writes that the problem is that Trump “is questioning the purpose of NATO.”  He “treats old friends worse than ostensible enemies,” citing as examples Trump’s dismissive attitude toward British PM May and German Chancellor Merkel, ignoring that most of the voters in those two countries have dismissive attitudes towards their leaders.  He added that Trump “has moved from difficult partner to potential enemy.”

 

In a blatant show of contempt for the President, Tisdale accuses him of “sycophantic courting” of Xi, and claims he will likely engage in “more crapulous fawning over an autocratic leader [Putin] who exercises a mysterious hold over Trump….”  In meeting with Putin, there likely will be “unilateral NATO-busting Trump moves” which will lead to the “normalization of Putin’s regime, and other concessions undermining the post-Salisbury western consensus.”

 

Or, as former UK Foreign Secretary Sir Malcolm Rifkind put it, he fears that Trump “will empower the Kremlin” — the same sort of nonsense uttered by Peter Strzok when he said that the effort to get to the truth of Russiagate is putting a “victory notch in Putin’s belt.”  The British offensive against Trump continued after his challenge to NATO at its summit.  As he arrived in the UK after that meeting, the anti-Trump {Guardian} wrote that Trump’s actions “will please Russian President Vladimir Putin, who has long pursued a strategy of creating division in NATO.”

 

On May 26, LaRouchePAC released a memo to President Trump titled “Time to End the Special Relationship; Declassify All British-Spawned Documents Concerning Your 2016 Campaign.”  It is likely that some of the uncontrolled frenzy coming from London-based networks results from their knowledge of the credibility of LaRouchePAC among some of the President’s closest friends and advisers.  If Trump is able to break free from the phony Russiagate charges, he will be able to lead a global realignment, with Russia, China and India, which rejects the Bush-Clinton-Obama neo-liberal/neo-conservative consensus, which was orchestrated in tandem with British “elites”, and which has resulted in endless wars and ongoing economic crises.  Such a realignment would necessarily require a return to the “American system” of economics, ending the scam known as “central banking”, in which a nation’s credit and debt policy is controlled by the leading private banks, for their benefit.

 

Further, such a change would devastate the City of London and Wall Street, as they would be forced to eat their losses, instead of being able to direct profits made by trading speculative financial instruments backed by nothing — e.g. derivatives — into their coffers.

 

Meanwhile, the government of Theresa May, which continues to dig in its heels while attempting to reverse the popular vote for Brexit, is crumbling, with resignations of leading cabinet members and a continuing drop in popularity.  Now is the ideal moment for a break of nations of Europe out from under the Trans-Atlantic domination of recent years, enforced especially by Bush, Jr. and Obama, to open a new era of sovereign governments acting cooperatively in the interests of their people, in collaboration with China’s Belt-and-Road Initiative.

Real Gains No Gimmicks: Now Is The Time For Gold & Silver To Shine

Time to see if gold & silver can shine.

It’s hard to get a better set-up than we have right now.

The events calendar is light this week, and it actually favors gold & silver.

Why?

Inflation data.

Or better said, stagflation data.

We get the Producer Price Index on Wednesday and the Consumer Price Index on Thursday.

The PPI measures what producers pay for the items they use to produce their goods. It will be interesting to see how the trade wars are now affecting producer costs.

For example, just how much has the cost of steel and aluminum gone up in price?

Furthermore, what will the producers do in the face of rising costs?

Let’s talk about a soda pop for a second.

If the cans are more expensive (either manufactured by the soda pop company or sourced already fabricated in a can) because of the aluminum price increases, will the company just take the loss in profit (if there is a profit) or will the company pass on the higher costs to the consumer?

These are very real decisions that companies will make, and since businesses operate in a “just in time” inventory system, meaning the soda pop company doesn’t have tons and tons of aluminum stockpiled somewhere, but rather, it is constantly ordering aluminum with the fluctuations in demand for the soda.

And just like the producers begin making decisions about whether to charge more to their customers, or whether to eat those costs and make less profit, we’ll know soon enough in the CPI, because that is a measure of prices the customer pays.

So where the producer of soda pop is concerned about the cost of aluminum, sugar, water, etc, the consumer just wants to know how much a can of soda costs.

What does this have to do with gold & silver?

Two words: Inflation hedge.

You see, dollars sitting in a bank account or a savings account lose purchasing power with each passing month.

In some countries, like Argentina and Venezuela, fiat currency in the bank or even cash in the wallet can lose purchasing power with each passing day.

That is where gold & silver come in as a hedges against inflation.

By converting dollars into gold, or silver, that purchasing power is maintained because the metals rise in price, and they can be sold later at a higher price.

Yeah, “But Half Dollar, gold and silver only go down in price”.

Not over long periods.

Sure, during the last seven years its been brutal, but what about the last twenty?

Not bad.

Not bad at all.

Besides, since the cartel price suppression has been very brutal, especially this year, not only do gold and silver step up into their roles as inflation hedges, but they also can see capital gains in a rise in price above the rate of inflation as a way of catching back up to their fair values.

So it’s hard to go wrong with gold and silver, especially right now.

Which is why I think it’s time for gold and silver to shine.

So let’s dive in and see where things stand for the week.

We all know what happens when the 50-day moving average crosses the 200-day moving average.

It can be good news or bad news depending on which way you want an asset moving.

Or in the case of the gold to silver ratio, which one you want to outperform.

That said, the 50-day moving average on the GSR is about to cross the 200-day:

This means that silver is about to start outperforming gold at an even faster rate.

Which is something we want to see.

And if we are going to rally this week, then silver will finally be outperforming gold for the right reasons.

We can see that since the markets opened last night, it’s been strength overnight and into the morning:

So gold and silver are off to a good start of the week.

Gold does look like it has turned the corner here:

Going back one year, notice on the gold chart how the rally was strong and ultimately ran up to test the $1350s.

But also notice something about that run – we started it from $1200.

If we are going to rally this week, which I think we are, well, we’re starting from above $1250 (actually above $1260).

And where would $150 from here put us?

Yup.

$1400.

So we’ll see.

Like I said, gold & silver need to shine here, and gold blowing past the $1377 (June, 2016) highs is what gold needs to do to show us it can shine.

Now, I’m not saying we get there this week.

But, those who are new to gold and silver might not know that gold and silver can have strong surges, and a $75 to $100 move in a day is not far fetched.

Now, I don’t think we are at that point, at least not this week, but grinding higher would be what we want to see.

The Ideal would be a set-up to challenge $1350 next week, but I’d settle for putting in a close above $1300, which isn’t that much to ask at all.

A close above $1325 would get us set-up to challenge $1350 in a hurry.

I’ve put the sideways channel of pure agony back on the silver chart:

For performance in silver, we need to close out the week above the channel.

That would be approximately a 3.7% move on the week.

That’s not too much to ask either.

That would set us up to challenge $17 next week.

I still think that once we get above $17.50, we’ll be above $18 within a few days.

To recap: Gold & silver need to show strength coming off of these bottoms, and we need a strong close on Friday.

A failure to rally here is going to crush sentiment as all the gold & silver bulls are very bullish, and a break-down would be devastating.

I think we’re going higher though.

And two reasons explained later on support that statement (crude oil and the dollar).

Palladium has held on after consolidating:

Let’s look for palladium to at least get above its 50-day moving average, but if we really want palladium to shine, it would break-out above its 200-day as well to close out the week.

Even platinum looks like it is turning the corner here:

Recall that is a multi-year low on the platinum chart, and we’ve had a series of eight lower-highs and eight lower-lows, so I’m not even going to come with a price target right now.

Getting above the most recent lower-high is critical, but that means a slight pullback would be on deck in order to put in the next higher-low.

But with platinum especially, it’s baby steps.

Crude oil is consolidating here:

Call it a consolidation right around $74.

But look at the far left side of that chart – crude oil was still in the low $40s.

See why I was talking so much about inflation at the beginning of the outlook?

From $43 to $74 is a percentage increase of over 70%, in just the last year.

Which is another reason why there’s just not much downside in gold & silver.

It takes a lot of crude oil in the form of diesel to get precious metals out of the ground, and the cost of crude oil is up 70% from last year, yet gold is up barely 4% from last summer and silver is up 7%.

Just something to think about.

Copper looks like it has stopped bleeding:

Copper will be interesting to watch from the trade war angle, in addition as being a broad measure of the health of the economy in general.

That’s why they call it Dr Copper.

The cartel sure has lulled the markets back into a trance of peace and tranquility:

When I look at the VIX I think back to the movie Titanic, where the string band is playing on the deck, a peaceful melody, and chaos ensues all around them.

Well, guess what?

Here’s the Titanic:

Everything’s fine!

Go back to your cabins!

Life boats made of gold & silver?

Who needs those?

Besides, if anybody is concerned, we have life jackets in the form of U.S. Bonds:

Not keeping up with the real rate of inflation, however, means that it doesn’t matter if you’re wearing life jackets or not, because you will still freeze to death in the frigid waters.

And that’s assuming the life jackets work.

What if they are defective, as in the government defaults?

Sure, not any time soon, but down the line, the likely scenario is not a default but inflating the debt away.

But I digress, enough of the Titanic analogy.

We know the economy is the Titanic, and we know it sinks.

There is no saving it.

The dollar looks like it could be rolling over here:

If the dollar is rolling over here, just like with crude oil, that will help provide the needed boost to gold & silver.

In summary, now is the time for gold and silver to shine.

Inflation, the price of crude oil, and the dollar rolling over provide the elbow grease to bring back that luster.

Let’s grab some popcorn and watch it happen.

Stack accordingly…

– Half Dollar

SilverDoctors.com has been on the leading edge of Gold News and Silver News Since 2011. Each month, more than 250,000 investors visit SilverDoctors.com to gain insights on Precious Metals News as well as to stay up-to-date on World News impacting the metals markets.

SDOutlook07-09-18.txt

Time to see if gold & silver can shine.

It’s hard to get a better set-up than we have right now.

The events calendar is light this week, and it actually favors gold & silver.

Why?

Inflation data.

Or better said, stagflation data.

We get the Producer Price Index on Wednesday and the Consumer Price Index on Thursday.

The PPI measures what producers pay for the items they use to produce their goods. It will be interesting to see how the trade wars are now affecting producer costs.

For example, just how much has the cost of steel and aluminum gone up in price?

Furthermore, what will the producers do in the face of rising costs?

Let’s talk about a soda pop for a second.

If the cans are more expensive (either manufactured by the soda pop company or sourced already fabricated in a can) because of the aluminum price increases, will the company just take the loss in profit (if there is a profit) or will the company pass on the higher costs to the consumer?

These are very real decisions that companies will make, and since businesses operate in a “just in time” inventory system, meaning the soda pop company doesn’t have tons and tons of aluminum stockpiled somewhere, but rather, it is constantly ordering aluminum with the fluctuations in demand for the soda.

And just like the producers begin making decisions about whether to charge more to their customers, or whether to eat those costs and make less profit, we’ll know soon enough in the CPI, because that is a measure of prices the customer pays.

So where the producer of soda pop is concerned about the cost of aluminum, sugar, water, etc, the consumer just wants to know how much a can of soda costs.

What does this have to do with gold & silver?

Two words: Inflation hedge.

You see, dollars sitting in a bank account or a savings account lose purchasing power with each passing month.

In some countries, like Argentina and Venezuela, fiat currency in the bank or even cash in the wallet can lose purchasing power with each passing day.

That is where gold & silver come in as a hedges against inflation.

By converting dollars into gold, or silver, that purchasing power is maintained because the metals rise in price, and they can be sold later at a higher price.

Yeah, “But Half Dollar, gold and silver only go down in price”.

Not over long periods.

Sure, during the last seven years its been brutal, but what about the last twenty?

Not bad.

Not bad at all.

Besides, since the cartel price suppression has been very brutal, especially this year, not only do gold and silver step up into their roles as inflation hedges, but they also can see capital gains in a rise in price above the rate of inflation as a way of catching back up to their fair values.

So it’s hard to go wrong with gold and silver, especially right now.

Which is why I think it’s time for gold and silver to shine.

So let’s dive in and see where things stand for the week.

We all know what happens when the 50-day moving average crosses the 200-day moving average.

It can be good news or bad news depending on which way you want an asset moving.

Or in the case of the gold to silver ratio, which one you want to outperform.

That said, the 50-day moving average on the GSR is about to cross the 200-day:

This means that silver is about to start outperforming gold at an even faster rate.

Which is something we want to see.

And if we are going to rally this week, then silver will finally be outperforming gold for the right reasons.

We can see that since the markets opened last night, it’s been strength overnight and into the morning:

So gold and silver are off to a good start of the week.

Gold does look like it has turned the corner here:

Going back one year, notice on the gold chart how the rally was strong and ultimately ran up to test the $1350s.

But also notice something about that run – we started it from $1200.

If we are going to rally this week, which I think we are, well, we’re starting from above $1250 (actually above $1260).

And where would $150 from here put us?

Yup.

$1400.

So we’ll see.

Like I said, gold & silver need to shine here, and gold blowing past the $1377 (June, 2016) highs is what gold needs to do to show us it can shine.

Now, I’m not saying we get there this week.

But, those who are new to gold and silver might not know that gold and silver can have strong surges, and a $75 to $100 move in a day is not far fetched.

Now, I don’t think we are at that point, at least not this week, but grinding higher would be what we want to see.

The Ideal would be a set-up to challenge $1350 next week, but I’d settle for putting in a close above $1300, which isn’t that much to ask at all.

A close above $1325 would get us set-up to challenge $1350 in a hurry.

I’ve put the sideways channel of pure agony back on the silver chart:

For performance in silver, we need to close out the week above the channel.

That would be approximately a 3.7% move on the week.

That’s not too much to ask either.

That would set us up to challenge $17 next week.

I still think that once we get above $17.50, we’ll be above $18 within a few days.

To recap: Gold & silver need to show strength coming off of these bottoms, and we need a strong close on Friday.

A failure to rally here is going to crush sentiment as all the gold & silver bulls are very bullish, and a break-down would be devastating.

I think we’re going higher though.

And two reasons explained later on support that statement (crude oil and the dollar).

Palladium has held on after consolidating:

Let’s look for palladium to at least get above its 50-day moving average, but if we really want palladium to shine, it would break-out above its 200-day as well to close out the week.

Even platinum looks like it is turning the corner here:

Recall that is a multi-year low on the platinum chart, and we’ve had a series of eight lower-highs and eight lower-lows, so I’m not even going to come with a price target right now.

Getting above the most recent lower-high is critical, but that means a slight pullback would be on deck in order to put in the next higher-low.

But with platinum especially, it’s baby steps.

Crude oil is consolidating here:

Call it a consolidation right around $74.

But look at the far left side of that chart – crude oil was still in the low $40s.

See why I was talking so much about inflation at the beginning of the outlook?

From $43 to $74 is a percentage increase of over 70%, in just the last year.

Which is another reason why there’s just not much downside in gold & silver.

It takes a lot of crude oil in the form of diesel to get precious metals out of the ground, and the cost of crude oil is up 70% from last year, yet gold is up barely 4% from last summer and silver is up 7%.

Just something to think about.

Copper looks like it has stopped bleeding:

Copper will be interesting to watch from the trade war angle, in addition as being a broad measure of the health of the economy in general.

That’s why they call it Dr Copper.

The cartel sure has lulled the markets back into a trance of peace and tranquility:

When I look at the VIX I think back to the movie Titanic, where the string band is playing on the deck, a peaceful melody, and chaos ensues all around them.

Well, guess what?

Here’s the Titanic:

Everything’s fine!

Go back to your cabins!

Life boats made of gold & silver?

Who needs those?

Besides, if anybody is concerned, we have life jackets in the form of U.S. Bonds:

Not keeping up with the real rate of inflation, however, means that it doesn’t matter if you’re wearing life jackets or not, because you will still freeze to death in the frigid waters.

And that’s assuming the life jackets work.

What if they are defective, as in the government defaults?

Sure, not any time soon, but down the line, the likely scenario is not a default but inflating the debt away.

But I digress, enough of the Titanic analogy.

We know the economy is the Titanic, and we know it sinks.

There is no saving it.

The dollar looks like it could be rolling over here:

If the dollar is rolling over here, just like with crude oil, that will help provide the needed boost to gold & silver.

In summary, now is the time for gold and silver to shine.

Inflation, the price of crude oil, and the dollar rolling over provide the elbow grease to bring back that luster.

Let’s grab some popcorn and watch it happen.

Stack accordingly…

– Half Dollar

SilverDoctors.com has been on the leading edge of Gold News and Silver News Since 2011. Each month, more than 250,000 investors visit SilverDoctors.com to gain insights on Precious Metals News as well as to stay up-to-date on World News impacting the metals markets.

Featured – Interview – Dave Janda – Global Criminal Syndicate Stripping Us of our Freedoms and Money

Dave Janda, host of the popular radio show called “Operation Freedom,” says the coming economic reset that world leaders and global bankers have been talking about for years is coming and it is going to bad, then good. Janda explains, “I think what the reset is going to look like is a devaluation of the dollar to a significant degree. . . . The value of gold and silver is going to be reset to a much higher level. . . . When you see governments acquiring gold and silver and . . . when you see the banksters acquiring huge amounts of gold and silver for their own vaults, it tells me it is going to happen sooner rather than later.”

But do not fear because the best days for America are ahead. Janda predicts, “I believe the rule of law is going to be restored. I believe all of our lives will be much better. I believe we will have more opportunities than we can imagine. We are going to look back on these decades before, and we are going to say we were so oppressed and so persecuted by this criminal syndicate that was stripping us of our freedoms, liberties and our finances across the board, we are going to say how did we not do this sooner? How did we not overturn the system sooner? It was so bad then and it is so good now, but that doesn’t mean there are not going to be some tough times in the middle here.”

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Dave Janda, founder and host of the popular radio show “Operation Freedom.”

Donations: https://usawatchdog.com/donations/

Stay In Contact with USAWatchdog.com: https://usawatchdog.com/join/

Featured Interview – Dave Janda – Donald Trump Will Preside Over Reset and Bankruptcy

Radio host Dr. Dave Janda says the debt based financial system is headed for a reset. Janda says the reset will not only reset the debt but clear out corruption and “restore the rule of law.” Janda also says, “I have political sources that have said a reset will occur. I do not have a time frame for the reset . . . . I believe Donald Trump will preside over the largest bankruptcy in history, and that is why he’s there. I also believe that this reset will involve an escalation in the price of gold and silver, and the manipulation will be terminated.”

Join Greg Hunter as he goes One-on-One with Dr. Dave Janda, host of the “Operation Freedom” radio show, for an in-depth interview.

Donations: https://usawatchdog.com/donations/

Stay in Contact with USAWatchdog.com: https://usawatchdog.com/join/

Featured Interview – Dr. Dave Janda – Financial Tsunami About to Hit Our Shores

Published on Sep 19, 2017 Radio host, patriot and retired orthopedic surgeon Dr. Dave Janda brings up the human trafficking issue and our leaders because of one simple reason. Dr. Janda says, “The reason why I bring this up is because each and every one of our listeners has to know who the enemy truly is. If we don’t identify who our enemy is and how evil they are, we will never be able to defeat them.” On taking down President Trump by taking down the global economy, Janda says, “I think a financial tsunami is about to hit our shores. The elite always try to give us a heads up before they flush the toilet while we serfs are still in the shower.” Dr. Janda says one tip was given recently by an expert on FOX News who said, “Someday people are going to wake up, and gold is going to be $3,000, $5,000, heck, even $6,000 an ounce.” Dr. Janda gives three other recent warning signs given by the mainstream media about gold prices that tip off a big financial disruption is drawing near. Join Greg Hunter as he goes One-on-One with Dr. Dave Janda of davejanda.com.

Featured Interview – Operation Freedom – Craig “Sawman” Sawyer

In this interview, Dr. Dave Janda interviews former Seal Team 6 operator Craig “Sawman” Sawyer. The topics discussed range from corruption in government to the ongoing investigations into pedophile networks and human trafficking. For additional interviews and operation freedom premium memberships for more great interviews, please visit: Operation Freedom | davejanda.com

Featured Interview – Dave Janda – Top Wall Street, Hollywood, D.C. Involved in Child Abuse

Dr. Dave Janda has top Washington D.C. contacts and reveals one of his sources says General Flynn was working with the Russians to stop child rape and abuse. Do you wonder why General Flynn has not been charged with any crime? Janda says, “My source tells me what General Flynn was discussing with the Russians was taking down the pedophile networks. . . . 400 names were provided to Flynn of people involved with pedophile activity here in the United States. The names include top people in Washington, Wall Street and high level players in Hollywood.” The Deep-State does not want that list to go public.

Join Greg Hunter as he goes One-on-One with radio host Dr. Dave Janda of “Operation Freedom.”

Donations: https://usawatchdog.com/donations/

Stay in contact with USAWatchdog.com: https://usawatchdog.com/join/

Make It Or Break It Week: Either Gold & Silver Or The Cartel Will Set The Tone Going Into Summer

Gold & silver really need to rally this week.

It really boils down to one word: Momentum.

My call has been for the rally to begin this week. However, if the rally doesn’t begin this week, I feel we can kiss any hopes of a rally goodbye until the second half of June.

Why?

Well, much of it has to do with next week.

You see, U.S. markets are closed next Monday for Memorial Day.

Point one: The cartel loves to strong arm the markets on holiday shortened weeks.

And if that were not bad enough: Next Friday is the BLS Jobs Report.

Point two: The cartel loves to smash the metals on Jobs Friday.

Moving past next week, we have a week of pain, which would lead us into the second week of June, and that week culminates with the FOMC (presumed) rate hike and Fed Head Love Fest (otherwise known as MSM press conference after the statement).

What does all of this mean?

If we don’t rally this week, we have almost no hopes of rallying next week, and the MSM will be all over the Fed in the week leading up to the FOMC meeting. That means we have to deal with the whole, “the economy is awesome, rate hikes are good for the dollar and bad for gold” memes.

We’ve gone over that a million times as to why rate hikes are not bad for gold, but I digress.

We really need to rally this week, or it will be three more weeks of pain.

And there’s plenty of economic speed bumps and potholes to navigate around this week.

To name a few:

  • Lot’s of Fed news including the minutes from last month’s meeting and a Fed Head Powell speech on Friday
  • Tuesday COT Report ‘repositioning’ and metals options expiration
  • Real estate data (new home sales & existing home sales)

The point here is that we have our plate full, and perhaps you have heard the old cliches – “sell in May and go away”. That’s generally a stock market term, but it looks like it could apply to the metals this year.

There’s also the term “summer doldrums”.

Ugh.

If there’s a bright spot, it’s that the metals have consistently rallied coming off of FOMC rate hikes, which next month is on June 13th, 2:00 p.m. EST. There’s no reason to think the metals won’t rally in a “sell the rumor, buy the news” fashion again.

And if the Fed doesn’t hike, well that’s good for gold too.

There is also the possibility that traders could front-run all this economic data and news, and if that’s the case then the metals could begin to rise before the FOMC, but I’m not holding my breath.

Let’s just see how we get through this week. We’ll know how things are by Friday that’s for sure.

So we’ll just have to see.

Bottom line: If we begin the rally this week, we get momentum, and if the rally gets put on hold, or if the metals have another bad week, then the cartel will firmly have the upper hand.

The dollar punched through 94 in the overnight session:

A strengthening dollar will surely act as a headwind for gold & silver.

But geez, how long is the greenback going to remain “overbought”?

It just keeps going, and going ,and going.

We’ll be watching the yield on the 10-year for insight:

We will be starting the week above 3.0%.

That’s new, and we’re about to see just how priced-in higher rates really are.

If the stock market it any indication, it looks like Wall Street is not liking the higher rates:

The S&P 500 looks like it could be rolling over.

Which is interesting, because the stock market even has the help of a newly subdued VIX:

Volatility has faded the move ever since the “Volpocalypse”, and we’ve been below the 200-day moving average for days now.

Interestingly, copper rose in the overnight session:

You see, the commodities and the dollar generally move in opposite directions – known as “inverse correlations”. If the correlation still holds, one of them is wrong. I’d say the dollar, because all indications are for a weaker dollar, and if it’s the dollar that has it wrong, we would see it breaking down soon. Especially if the commodities are going to keep rising.

Crude oil has been rising with the rising dollar, but crude has basically gone nowhere for three days:

Again, either the dollar or crude oil has it wrong – so it would be safe to assume a pullback in crude as the dollar continues rising, or a rise in crude with the dollar finally rolling over.

Palladium showed a little strength overnight:

This is nothing to write home about. We really need to see palladium working away at the moving averages, getting the 50-day rising again to cross up and through the 200-day.

But if platinum is a taste of what’s to come, it’s tasting very sour:

Whereas palladium rose in the overnight session, platinum has fallen in the overnight session and looks to be setting up for the seventh down day in a row.

Platinum is fast approaching oversold territory, but if platinum loses $872 to the downside, that will look very bearish and it could get a lot more oversold before it’s through falling.

Looking to the gold to silver ratio, we can see the top is clear:

That’s a textbook roll-over in progress. We now have 78s across the board.

I get it, it’s for the wrong reasons, but on the next rally, if silver finally begins to lead gold, then it will be for the right reasons, as in silver outperforming gold.

Gold is now down over 1.5% year to date:

Looking like it wanted to pivot over the last three days, we can clearly see the bearish candle that has formed in the overnight session.

If there is good news, gold is at risk of becoming “oversold” on the RSI.

You see, the dollar is screaming “overbought”, and gold is about to enter “oversold” territory.

Can it go on much longer than forecast?

It already has, hasn’t it?

At least the dollar anyway.

So we’ll see. Perhaps a flush out day with a drop below $1280, call it $1275, is just what we need to jump start this rally?

Silver is down nearly 3.7% year to date:

Again, this is not what anybody was calling for at the start of the year. Well, anybody except the haters, trolls, mainstream financial media and cartel.

They have succeeded thus far.

And we’ve had to endure half a year of pain.

What do we want to see from silver this week?

For starters, we need to get above the 50-day moving average on the quick, and then get above and close above $16.80 where the 200-day moving average is. Close above the 200-day today, tomorrow, or Wednesday, and breaking out above $17 with a close on the week above $17 is critical going into next week..

Let’s also look for some volume coming back in the market on that type of price action.

If we can get above $17.50 and close there, we’ll be above $18 in no time, and I get it, “Half Dollar, that’s only like a buck or a buck-fifty from here”.

Yeah. In the grand scheme of things, pretty pathetic.

But that’s the type of year it has been, so I’d take closing out the week above $17. Anything more would be a bonus.

We’re right at a critical point in time right here, right now, in this very week.

If we rally this week, we will have momentum on our side.

Momentum can be a powerful force in markets.

If we don’t rally this week, I will be wrong in the forecast I’ve held for weeks now, and the cartel will have the calendar and economic events on its side, and those are very powerful forces in the markets too, especially when those forces are at the fingertips of agents who stand at the ready to click into existence as many paper contracts as necessary to cap price.

This week will set the tone going into summer.

It’s make it or break it week.

Stack accordingly…

– Half Dollar

SilverDoctors.com has been on the leading edge of Gold News and Silver News Since 2011. Each month, more than 250,000 investors visit SilverDoctors.com to gain insights on Precious Metals News as well as to stay up-to-date on World News impacting the metals markets.

Gold & Silver Looking To Rally As The World Moves From “Inflation Expectations” To Plain Old “Inflation”

Special thanks to silverdoctors.com for this content: Visit them at silverdoctors.com 

 

I’d like to direct your attention to Wednesday and Thursday of this week’s economic events calendar:

On Wednesday we get PPI data and on Thursday we get CPI data.

PPI is the Producers Price Index. That is the change in price of what it costs to produce goods and services. Buying aluminum and turning it into cans would be a good example of the PPI, seeing as how the whole “trade wars” mantra is a hot topic right now, even if so far it has been nothing but talk. The point is if the cost of raw aluminum goes up, then the cost to the producer in making those cans goes up too.

CPI data is the Consumer Price Index. That is the change in price of the good and services we pay as the consumer. In our aluminum example, we don’t particularly care about the cost of aluminum. What we care about is how much a 12 pack of Coca-Cola costs. In other words, the CPI is what we pay for finished goods and services.

Besides, there’s more than aluminum that goes into the cost of a 12 pack of Coca-Cola. There’s the cost of the sugar, the super secret formula, the caffeine, the diesel to transport it to the store, the cost of the card board, the cost of the marketing, etc.

But it all comes down to one word: Inflation.

That’s the topic.

And for the longest time, the talking heads at the Fed and the pundits on the mainstream financial outlets talk about “inflation expectations”. It’s a misleading term, because there is always inflation (as in rising prices in this discussion). I mean, the Fed’s own definition of “price stability”, which hasn’t changed since the changing of the guard to Powell, is 2% inflation per year.

Said differently, the Fed wants you to lose 2% of your purchasing power, per year, in order for prices in the nation to be considered “stable”.

But Inflation expectations is a term that is about to be quickly forgotten.

Why?

Well, it’s going to be modified to no longer include the modifier “expectations”.

That’s right.

It’ll be know as plain old “inflation”.

Which brings us to our first chart:

Light Sweet Crude.

And it just breached $70 overnight and into this morning.

Look where we were not even one year ago – $42.

Folks, I’ve been harping on this for a while – get ready for higher prices.

I’m no longer going to say that, because rising prices are here. There’s no need to get ready because it’s already felt in the wallet.

Here’s an example – There’s this bread outlet right by where we live, and they sell loaves of Wonder Bread for $.79 (no not expired, just excess I guess). Well, they did sell the loaves for $.79 until last week when they raised the price to $.99.

99 is the new 79, and it’s not going back down as far as the casual conversation led me to believe.

And I have a point to make here: If the consumer is tapped, and if the prices of the most basic of goods is spiking by 25% here, 20% there, or pick an number, but not sub 2% because that’s definitely not high enough, then what does that tell you about the middle and lower classes?

Heck, what does that tell you about 80% of Americans?

They are already feeling the burden of rising prices in their pocketbooks.

I was in the grocery store yesterday, and I felt bad, because there was this elderly couple shopping, and they were looking at sour cream. The lady had a calculator, and long story short, they had to pass on the sour cream because it would have put them over-budget on food.

That’s how bad it is out there.

What used to be an afterthought is now front-and-center, and at any given moment at any given location.

Back to the markets.

This crude strength, again, is in spite of a still rallying U.S. dollar:

A few weeks back I said if we breached 91 we’d be going to 93. I do think 93 will be the top in this bear rally.

We’ll see.

Either way, were right there, right now, so it won’t take long to find out.

Why do I talk about crude in relation to the dollar?

Well, generally speaking, they move opposite each other:

That’s a weekly chart going back to the time when crude dropped and the dollar began to rise.

But notice what has happened in the last several weeks.

The dollar and crude have been rising together.

That’s telling you that one of them is about to diverge.

Here’s a question – If a rising dollar is crushing U.S. exports, and if there’s a “trade war” coming, and if President Trump flip-flops from being a “strong dollar” guy to a “weak dollar” guy, and if the strong dollar has been crushing the rest of the world and especially emerging markets and their ability to service debt, and if the dollar has been on a bull run for five years now, which one do you think will diverge?

I think the dollar.

As in breaking-down.

And crude will begin its bull run.

We’ll see.

While we’re on the topic of inflation, well, this:

For now let’s assume the statistics from the Fed and the government are real and true.

If inflation is rising, the yield on the 10-year is going to have to get moving higher.

Why?

Because investors expect to earn a rate that is net-net above the inflation rate.

I get it. In reality, in parts of the world, there’s negative rates, but I’m talking fundamentals here.

Fundamentals may not seem like they matter, but they will.

They always do.

So we have upward pressure on rates due to inflation, but we also have upward pressure on rates due to massive government borrowing, close to half-a-trillion in the first quarter of this calendar year, and we have a Fed that’s not actively buying U.S. paper, which means the U.S. needs to sell even more treasuries to pay off the maturing treasuries of the Fed.

And to think – interest rates aren’t even anywhere near normal. They’re still very historically low.

Forget a thunderstorm. Between inflation and interest rates it’s going to be like an exploding volcano, with an incoming tsunami and an earthquake all at once.

So while it may not seem like it, yes, gold and silver will rise in price.

It seems like silver never will:

So for those who understand the bad juju of saying “never”, let me say it – silver will never rise in price.

There.

Rally should begin very soon.

I’m done saying when.

Remember, you can get price or you can get timing but not both, and right now, I’m focused on price.

As in, what I have said all along is I feel that once we get a close above $17.50, we’ll be above $18 in a very short time. Do I know when that will happen?

No. I mean, I think it will be within days, but it’s very seldom price and timing can be correctly forecast.

And we just really need to get above $17.50.

Being in this $16.20 to $16.80 range sure does give tunnel vision, doesn’t it?

Ugh.

Gold isn’t doing much better than silver right now:

But corrections occur over price and/or time, and as the days go on, gold isn’t really losing too much ground, but it sure is grinding out over time.

January 25 was when the December rally fizzled, and we’ve basically been in a sideways fade ever since.

We’re still positive on the year, however.

And the gold to silver ratio is still saying silver is a steal here:

The ratio may be under 80, but it’s about as barely under 80 as can be.

But that’s the thing.

We have inflation all around us, yet the forceful hand of the cartel is refusing to let the metals rise even in the face of that inflation.

Sooner or later, they are not going to have a choice, and the move will be violent in order to catch up.

Because it is very expensive to get gold and silver out of the ground and to market. Think of the PPI. It takes a lot of costs for different things to be able to get silver from encrusted below the earth’s surface to minted it into a coin.

So they will rise in price, and the longer the cartel refuses the price movement, the more violent the spikes will be.

It may be an extended smashing out of spite, you know.

Because if gold and silver are the anti-stock market, that is, the anti-paper markets play, and if the cartel is having the hardest time keeping the broader stock market indices propped, then it stands to reason that they go down kicking and screaming and pulling gold & silver down by the hair like the punk the cartel is.

Check out what we see in the two other precious metals.

Palladium is slightly positive in the overnight morning session:

Palladium is more of an industrial metal than a monetary metal, even though it is monetary, but, could we be seeing the signs of a rally forming?

With an understanding of the inflation dynamics we’ve been discussing today?

Platinum is even playing along:

Of course, platinum has had a horrible run of late, with four lower-highs and four lower-lows, so we really need to see platinum turn the corner.

Today would the the third up-day in a row, and would help out immensely to got the technicals looking more bullish.

Here’s the spite I was mentioning earlier:

That’s the S&P 500.

But here’s the thing – it’s already had inflation. MASSIVE inflation. It’s funny, the Fed sees no inflation, yet the stock market doesn’t count.

But it’s had too much inflation, and of the artificial, money-printed and induced variety.

And if there is one thing that is as true today as it has been ever since the word “fiat” became a thing – you can’t print prosperity.

So the market is too expensive, overvalued and wanting to come down, regardless of the cartel’s intentions.

And besides the fact that they’ve managed to keep volatility in check:

But the sea change has begun.

While it starts out slowly, by the time it crashes on the beach, it will be a tidal wave of inflation.

And while the dollar may look strong, and it may be giving false signals on the outside, because people need and want more dollars to keep up, even if they don’t understand what they’re keeping up with, we do: Inflation.

And sooner or later the people will realize it’s not the dollar that’s the solution, but rather, it’s the dollar that’s causing the problem.

And then they will want something, anything that’s real, before those dollars lose even more value.

And it’s only now just begun.

Stack accordingly…

– Half Dollar

SilverDoctors.com has been on the leading edge of Gold News and Silver News Since 2011. Each month, more than 250,000 investors visit SilverDoctors.com to gain insights on Precious Metals News as well as to stay up-to-date on World News impacting the metals markets.