from Silver Doctors:

SD Friday Wrap: After this week, there’s no doubt we are close now. Very close…

We are very close to something big happening.

First, on Wednesday, Jerome Powell was asked “Do you think the US should go back to the gold standard for our currency?”.

Here’s what he said:

Of course, I could have gone on and on and on and on about all of the problems with both the Rep’s questions and Powell’s answers, but my main focus was to get people who may not know this stuff to, well, think.

I thought we were pretty clear when it came to President Trump.

I mean, sure, I’ve provided absolute proof that Trump will not do anything that’s “good for gold”, but I have been coming from the angle that he’s been gold “neutral”, so to say, as in not saying anything good, but not saying anything bad either.

On top of that, President Trump sure has been cheerleading for hyperinflation of the US dollar:

China will be pumping money into their system and probably reducing interest rates, as always, in order to make up for the business they are, and will be, losing. If the Federal Reserve ever did a “match,” it would be game over, we win! In any event, China wants a deal!

— Donald J. Trump (@realDonaldTrump) 14 May 2019

Which most people just shrugged off as being some flamboyant, over-the-top stuff.

But when he uses the exact term “pumping money” again, just as he’s used before:

China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games – as they have for many years!

— Donald J. Trump (@realDonaldTrump) 3 July 2019

I’m not really sure how to say it because, well, everybody is quick to jump on me as some kind of Trump basher or hater.

I’m not.

Yet just last night, President Trump had this to say about the dollar:

…and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!

— Donald J. Trump (@realDonaldTrump) 12 July 2019

Two words you do not want to hear about the economy or the markets are “never”, and that other word which Trump just Tweeted – “always”.

Actually, it was more than just “always’, it was “it will always stay that way”.

But I don’t even really need to say it because the words of Powell and Trump speak for themselves.

It is sad, pathetic, and certainly ironic how people talk about all of this “in-fighting” between the White House and the Fed.

Some’ll call it a “dog-n-pony show”.

Others will call it “Kabuki Theater”.

A few will call it “WWE Wrestling”.

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