from Russia Insider:

Some ironies are just too precious to pass by. The 2016 US presidential elections gave us Donald Trump, a reality TV star whose famous tag line from his show “The Apprentice” was “You are fired!” Focus on this tag line; it is all that is important to this story. Some Trump Derangement Disorder sufferers might disagree. This is because they are laboring under certain misapprehensions: that the US is a democracy; or that it matters who is president. It isn’t and it doesn’t. By this point, the choice of president matters as much as the choice of conductor for the band that plays aboard a ship as it vanishes beneath the waves.

What happened instead was that the political establishment spent two years thrashing about in search of a reason to say “You are fired!” to Trump but has been unable to find one, and so Trump remains in office, although to say that he “remains in power” would be to invite sardonic laughter from anyone who knows what real political power smells like.

The System Fails to Depose Trump

Trump is but a prisoner in the White House, just like his predecessor was. Ironically, the quest for Trump’s impeachment has been fruitless as far as firing him, but most fruitful in terms of enhancing his ability to not only fire lots of establishment figures but perhaps even send them to jail—with the help of the Justice Department—and his character traits of extreme rancor, spitefulness and vindictiveness should be most conducive toward that end, making for a fun spectacle. His numerous enemies and detractors may yet look back wistfully on the halcyon days when they could lambaste him with impunity.

The quest to stop Trump started well before the election, with Obama and the Clintons collaborating on misusing federal resources to dig up dirt on Trump; specifically, evidence of “Russian collusion”… and they couldn’t find any. They did manage to find some “Russian meddling” (in the form of Facebook clickbait ads) but the evidence they dug up was too ridiculous to show in court. Too bad they didn’t look for Ukrainian collusion and meddling, or Israeli collusion and meddling, or Saudi collusion and meddling, because then they would have found plenty—enough to not only knock Hillary Clinton out of the running but also to lock her up. It would have been a constructive, useful exercise for them to go look for Ukrainian political meddling, but as I’ve explained before the American modus operandi is quite the opposite, and it compelled them to go after Russia instead.

By virtue of this little chat Sessions contaminated his precious bodily fluids (just breathing the same air as a Russian can be politically fatal, you know) and was forced to recuse himself from Mueller’s investigation. Trump’s legal team then reached out to William Barr, a former AG, and asked him to chime in. Barr wrote a memo clarifying the issue and sent it to deputy AG Rod Rosenstein, who remained as second-in-command at the Justice Department after Sessions’ recusal, and who should have read it, understood it and acted on it, terminating Mueller’s investigation, but somehow he didn’t.

The denouement of this bureaucratic danse macabre played out as follows. After the midterm elections Trump said “You’re fired!” to Jeff Sessions and William Barr was confirmed as AG. Barr then said “You’re fired!” to both Rod Rosenstein and Robert Mueller for being unpardonably dense. Barr also made it clear that he plans to leave no stone unturned in investigating this fantastic instance of misuse of official resources and prosecutorial misconduct. This will be fun to watch, if you have nothing more important to pay attention to, but I suspect that the phrase “You’re fired!” will continue to bounce around the halls of Washington like a rubber grenade for a good long time. There are, however, things to pay attention to that are far more important.

A World Re-Aligning

There is a lot happening in the world all at once right now. The entire planet is rapidly reconfiguring itself. The world is begging for a new, post-capitalist, post-industrial order to be born, but the overabundance of natural resources that have made previous such revolutions possible (coal for the age of steam, oil for the current oil age) simply no longer exist. All that remains is optimizations, enhancements and reconfigurations of the existing order of things, cutting out that which is most harmful and most dysfunctional. To this end, Western European nations are attempting to reclaim the sovereignty they ceded to the United States and the European Union while Eurasia is coming together to form a massive economic and security conglomerate centered on China and Russia. Both are playing for time, because redirecting trade and financial flows away from the US is quite a process.

The world’s central banks are doing their best to get rid of their US dollar reserves and to buy gold, which, as of this April, they are allowed to consider a risk-free financial asset. Many people now expect gold to go up as a result, but that expectation is based on an illusion. Think of gold as a lighthouse and of fiat currencies as sinking ships: those aboard them may look around and decide that the lighthouse is going up, but that’s just an optical illusion. The purchasing power of fiat currencies is sure to fall (some more than others).

The purchasing power of gold will seem to increase, but that will also be an illusion: it will appear to rise against the backdrop of crashing markets, in real estate and physical plant especially. But overall the purchasing power of gold will drop too, because the future purchasing power of any financial asset is determined by just one thing: energy, fossil fuel energy in particular, and energy from crude oil above all. Without energy, nothing within an economy moves, unless it is an agrarian economy based on fodder and animal muscle power.

A particularly interesting piece to the gold story is that it may turn out that much of the gold supposedly stored in the US may in fact be missing. Since Nixon closed the “gold window” in 1971, ending the convertibility of US dollar for gold bullion, and until recently the US dollar has been able to retain its position as a global reserve currency by an act of sheer financial levitation, but that bit of magic may have actually been sleight of hand: behind-the-scenes gold sales to the largest US creditors. When various countries, Germany in particular, have attempted to repatriate their gold, which they had entrusted to the US, they were rebuffed, and when they did succeed, the gold that was returned wasn’t the same gold, and it took a long time. The US hunger for gold has forced it to conduct rather unseemly heists, stealing the gold reserves of Iraq, Libya and the Ukraine. Thus, when the time comes for the US to defend its currency by employing its hoard of gold, it may turn out that the cupboard is bare.

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