Loading ...Warning: “Political Post”
OK….No Politics ( unless I say so) 🙂
Obviously this is an Historic time in the USA
Trump is President . There are Massive Demonstrations ( mostly peaceful for the time being) against him.
Many are calling for a Coupe as he is considered Illegitimate.
This Thread will NOT discuss whether you support him or not .
But I think it is constructive to discuss what will happen going forward and how you think it will effect the PM Market vis a vis particularly the Dollar .
1…Will His Admin be Paralysed due to the huge popular uprising ?
2…Will the National Guard / Police / Military support / protect him
3….Will he be Shot / Impeached ?
4…Will these demonstrations wane in short order ?
5….Will he Prevail and proceed with his Policies.
6…What Policies will affect the Dollar and therefore Gold and how so?
Ok…please have at it.
Was listening to Bob Hoye at Institutional Advisors over the weekend. His view is that a global shift is underway, akin to what happened in England back in the 1600s, when much of the powers of the Monarchy, was handed to the people. The process took decades. This shift could last for decades too. We are witnessing the start of a great change and should be honored to be a part of it.
Not in my lifetime have I witnessed the beginning of such an historic change, and you’re right to say we should be honored to be part of it. As I see it, one side pushed too hard in the wrong direction thinking everybody would fall in line, and the snap back is a profound thing to watch and I, for one, am thankful. One of the results I hope to see is our government’s addiction to perpetual war finally come to an end. The military industrial complex won’t lose its grip on those leaders it buys in government without a fight.
I hear what you are saying but…..the U.S. has perpetual war because they are empire building, it seems to be what all the countries do that have reserve currency status. I think it would be fair to say that the bankers have their hands on the puppet strings and it doesn’t matter what country it is, they help raise it up and in doing so they keep control and if anyone steps in the way politically then leaders die. China will be the next financial center and be the next military might in my view. Same old broken record will keep happening until the masses wake up and see what they are doing, pretty hard to do anything constructive watching dancing with the stars and x-factor in your spare time. Without knowledge people die.
I am skeptical of comments where people sound sure of themselves saying this or that is going to happen. Trump may be a wild card, and even if he isn’t, he could be susceptible to any of the usual human ailments, unfortunately (I wish harm on no one, and certainly not on him, since I have hopes for him). How much support he gets and from whom is really tough to know. I don’t know what goes on behind closed doors, and I don’t think even the spookiest of spooks really know. I don’t think anyone can really be certain of the financial markets. Things could go to extremes in various respects.
My suspicions, however, are that he will continue to have significant harsh and truly dirty opposition of the sort he has faced, including possibly from people he has picked. Large factions of the military and to some extent factions of various clandestine services will support him. The fervent support of many of those who voted for him is his to lose–either through bad moves or bad luck (the market crashes or someone crashes it to harm him or some other reason). Despite the propaganda against him and what I suspect to be naive partially bought-and-paid-for opposition from often deceived little people (Protesters etc), with luck and skill he can gain support from many who think they hate him. Or not.
Factions of the ruling classes/elites who want the US to regroup, want to rebuild the military in a less corrupt and overextended way, want the dumbing down of the population to stop at least enough so that the population can follow complicated instructions, want the rot of infrastructure to stop, want manufacture to rebuild if for no other reason than for military security–these people will back Trump. The globalist faction, which controls the MSM/propaganda apparatus and much of the State apparatus outside the military and even within, will fight tooth and nail. There will also be opportunists who can go either way, plenty of them.
In foreign policy I think we take him approximately at his word for what he wants. He may bluster, but he wants to do deals. He appreciates the idea of every country for itself, each making deals.
A specific idea I’ve seen (suggested by a cynical interpretation to a remark in his talk to the CIA, presuming that his audience consisted of supporters there not of supporters of prior management) is that the US may overturn S Arabia, and so to speak loot oil.
I expect his backers to work for an increase in support for secure access to strategic materials not found in abundance in the US or at least currently produced (V, rare earths) in the US such as PGMs, Ni, Cr, Ti, V, REs.
We will see. I have lifted these ideas from elsewhere and hope I’m doing the right thing by not polluting this site with links.
As for gold, we can’t know. We look at charts. I try not to get hung up on them but just eyeball them.
From the top of my head. I hope not too much.
There are other materials that the powers that support Trump will, I expect, increasingly want to have produced or ready to produce in the US–or at worst with short supply lines from Canada. These would include strategic metals we think of as REs but aren’t. Ones like Ga, Ge, In, Tl. Ditto Be, Zr. Since I don’t know (or have any desire to know) classified literature, I don’t know all that modern military technology requires, but it requires these; also probably exceedingly pure Al. I would guess they might want to have supplies of Sn for US industrial use as short and as secure as possible since Sn has not to my knowledge been produced much in the US. They won’t want to have to rely on, say, Korea and China for tungsten, and maybe Australia and even Spain may be too far for them, so N American W might get tax preferences along with the rest.
Anything that makes coal mining and burning less dangerous and toxic might possibly get pushed. I don’t know energy well though.
The idea though is that the powers behind Trump will want a self-sufficient industry and a self sufficient military that won’t break down or have to go through unreliable, drawn out and complicated supply lines.
now that the Clintons’ have closed the foundation down, it is obvious that it was the pay to play gig and they should be prosecuted to say the least. How they took money from foreign countries and then go bombing is unbelievable and the crowds should be protest marching that instead of running around with pink hats. If Trump does not throw them in jail then it will show that he will not drain the swamp. We have Justina up here in Canada rubbing elbows with a friend on a private island and at least the elected officials and news are questioning it. However, the majority hate the Trudeau family.
Good Morning, Fully.
It is not a good idea to invite political discussion here. Just look at the spin-off Goldtent site (Oasis) to see the result of inviting crazy posts. Let’s stick to our TA analyses.
sunday morning rant to blow some steam off ok for me. Perhaps allow only on sundays???? Nothing else to do and need a break from the weekly routine. just my 2 cents, oops they don’t use pennies up here anymore, just my 5 cents.
🙂 …Actually Those Crazies were my buddies…they are the Originals …who have never changed
We are the Spin Off.
I rather read at what happened and actioned just when he won.
Abe met him asap for an hour. Very soon after, Abe announced Japan Infrastructure Initiatives that has ADB backing (of which Japan has the chair) and Abe committed to 800+ $b stimulus for this year and that’s much more than Trump’s $1t for 4 years. Till now, I have not read in SA, here or other sites how that will impact $/JPY pair has a direct relationship with AU.
Next, all market matters and economics aside, the single move from Tel-Aviv to Jerusalem will lead in changing most games and all alignments; geopolitical economics. How would gold react?
Third, the Chinese says, this rooster year crows warnings for war dogs of 2018; Trump is a dog, maybe a massive pit bull shows up next year?
Will this year fractal last year’s Au chart? Seems like it till it isn’t.
“The 4% GDP promise is one that Trump has made before, but now it is the official promise of the White House and the president. The only problem is delivering on this promise will be incredibly difficult.,”
……… unless God does it for the USA.
The rise of nationalism is nothing new. It happened to China even without immigration issues that are prominent across election-year Europe. China is annoy with few key issues as if double standard but that’s inward looking as if others are disallowed to rise to their deserving occasions.
The Jerusalem Swan
Election year Europe is known so has few EU core members recalled their gold, and potential fallouts should the more Rightists win; Italy, Netherlands, France. On this, the $ looks supported while a pull back is due on Dow and SPX should € fear sentiment rise.
There were periods which Gold have tandemed up with $; this may be one such period if $ is completing the final year of its major 15 year cycle.
Many sites have offered potential collective Islamic offensive should the US embassy relocate to Jerusalem. Who knows if we’ll see a modern crusade war among currencies, trade and energies.
“Many are calling for a Coupe as he is considered Illegitimate. ”
In France, a coupe is usually filled with champagne. I therefore raise a toast to the victor and hope he can deliver on his slogan to make America great again.
I don’t see a military coup happening but I could be wrong. I rather think that the long term cycles are more powerful than anything this particular individual can do. The long term cycles seem to say dollar and markets down, gold and miners up. I have rocks and also am short Russia and Mexico as per Spock GM.
The admins policies will only effect things short term or moderately IMO, the bigger concern is if the European union can hold it together and how that will effect the rest of the world’s currencies. I read somewhere that La Pen was ahead in the polls (good-bye France), those nasty deceptive polls again, Italy also has one foot out the door. Gold is obviously sniffing out something but will that something be volatile enough to raise gold with the US dollar when the break happens? Or do the people submit to the banker’s/elite’s lap dogs (politicians & media) so their perpetual enslavement can be prolonged and let the bureaucrats keep the deception strong?
Meaning of bureaucrat below, key word is perceived.
Bureaucrat – an official in a government department, in particular one “perceived” as being concerned with procedural correctness at the expense of people’s needs.
Perceive meaning:
c. 1300, via Anglo-French parceif, Old North French *perceivre (Old French perçoivre) “perceive, notice, see; recognize, understand,” from Latin percipere “obtain, gather, seize entirely, take possession of,” also, figuratively, “to grasp with the mind, learn, comprehend,” literally “to take entirely,” from per “thoroughly” (see per) + capere “to grasp, take,” from PIE root *kap- “to grasp” (see capable
Wakey, wakey everyone. You’re right, don’t bring politics into this because this goes a lot deeper than what some elected boob will or will not do.
First off, there is no popular uprising. Quite the contrary. the uprising you refer to is the media and the establishment (and all the stupid snowflakes) who have begun to realize that their run in power and control is not only over, but is about to be undone. All things that Trump brings to an end, or disrupts, in D.C. is good for us all. I know of a lot of smart money been buying defense stocks since election day.
Trump good for energy, good for upsetting the establishment, good for lowering the dollar value. Hope he wrecks the Fed while he is at it. All of which is nothing but good for precious metals and the energy complex.
“Trump good for energy”, yes: I wonder about the details (presuming he is what he seems and is not crippled or removed). I’ve read that whereas in recent decades the official US dialog contained talk about making the nation energy-sufficient (more talk than reality), in the 1930s apparently the talk was more of getting the oil elsewhere so as to preserve it in the US. Which will it be? My guess might be that (if they can afford it) with oil as with many other commodities it will be a careful concerted effort–probably with more military and industrial input than in recent years–to do both. They will try to buy elsewhere (including China, Iran, DRCongo, anywhere) on the cheap and stockpile it, but try to make sure some is produced in the US. They may try to give tax breaks to have stuff explored and ready to produce in the US–oil and metals both–but still in the ground. Radioactive stuff a question mark in my mind except to the extent the military demands it.
I don’t understand “climate change” in its details and think we should avoid such discussions, but I have read that some Defense Dept types have been concerned about security implications of “climate change”. We should bear that possibility in mind if we invest in energy co’s. Water supply–just about as important as anything–depends on climate and on hypothetical climate change. We do not need to know just the science–also what those behind Trump will think, whether rightly or wrongly. I believe he will listen, and his active mind can be influenced. But which way? I don’t think he’s dogmatic.
So energy yes. Conglomerates, probably yes should benefit. Otherwise–which energy co’s??? Unclear to me. Water purification always good for nations, especially if strategists concerned about climate, weather, whether naturally changed, artificially changed by accident or even intent as is occasionally provocatively asserted.
I saw snippets of a couple of his interviews this weekend and the solution was to bomb the shit out of ISIS and put their oil producing cash flow out of business, THEN send in the Exxon boys because they are great! One company to benefit right from his mouth.
My question is who is buying this oil from ISIS? cough Turkey cough. Aren’t they part of NATO? oh, assisting terrorism? What a bunch of bullshit they try to feed us! stringem all up I say!
Fully, you neglected to solicit Washer’s perspective. He’s been silent–perhaps the inauguration requires extra number crunching or something.
What might be the implications for agriculture?
Actually Washer took a month of from his POT winnings and is in Cuba
As this is as free ranging political discussion here are my 2 cents. I like most of what Trump has done and said so far, compared to Obama
Trump open to Russia (possible nuclear deal)openness and trust
Obama biggest tank buildup since world war 2 (possible crisis)hate and distrust.
Trump against global multinational agenda.
Trump supports UK Brexit vows to put UK first in trade deals.
Obama for global multinational agenda.
Obama Said UK last in line for trade deals.
Trump puts Churchill bust back in oval office.
Obama removed bust.
Trump won election on his dime
Clinton lost with support of media, multinationals, banks.
One other thing. The Donald likes Gold as in Gold curtains in the oval office. Wishful thinking here, but how about disbanding the FED and returning the Dollar to the Gold standard. Thereby freeing us from the fiat lunacy we have endured since the 70’s.
I will refrain from providing my opinion as to the merits of the incoming President. However I will say that to ignore the fractured and deteriorating US-Saudi relationship, and Trump’s animous towards the house of Saud – and the resulting impact to the status of the petro-dollar and global demand for USDs… would be bad for ones financial health. For me, it’s the biggest story of the decade.
#3. Impeached? Almost certainly (although I hope he survives it).
Shot at? See comment above.
The masses are getting fed up (no pun intended – well, maybe). Trump, Le Pen, Brexit… change is in the air.
Just curious Ken, what action do you see initiating the impeachment?
Not really sure – but as fractious as he is I am sure the other party will find something, even if it has very little basis. Anything to try and discredit him. Politics has always been divisive, but it seems so much worse lately.
I’d much rather be talking about the great Superbowl match up coming.
But here is a good one! Trump = chaos = gold going up?
http://www.openculture.com/2017/01/1958-tv-western-had-a-character-named-trump-who-promised-to-build-a-wall-save-the-world.html
We may just have entered The Twilight Zone!
Reality for me is 20% hopefull but 80% skeptical that America’s greatness will ever be recouped (and by that I mean the general philosophy of individualism and self determination, not global dominance or such) – the stage is set – the final nails in the coffin to me were due to actions taken since in last 20 yrs (reaction to 9/11 with ‘Patriot’ act, explosion of deficit spending (bush yrs and forward), repeal of Glass Steagle, empowerment and execution of policy toward to-big-to-fail given to banks (reaction to ’08), obama’s acquicence of power and US domestic concerns to Soros/EU’s Open Society objectives – borderlessness – agreements with IRAN – really?? . Growing schism between the political class and the citizenry (MSM as agent on behalf of progresivism and socialism (albeit not by that ‘name’ yet but increasingly so – feel the bern). My ONLY hope is that my wife and I live to see what I believe are the inevitable fruits of these actions born out in the demise of the dollar relative to world money. America’s best days are behind us.
Sorry Fully if I didn’t follow your rules but I had to.
Well he kept one of his first promises. He said he would end California’s drought on day 1 and boom! Done. I agree with some of his policies and disagree with others, but basically I see him as a narcissistic demagogue with no capacity to tell the truth. His personal character is what makes him unsuited to be the leader of the free world. We are in a heap of trouble where “alternative facts” rule the day.
Unless we undermine central banking and fiat money I worry for the future.