by John Galt
November 14, 2016 05:00 ET
Weird as this past week may have seen, things are going to leap into super-bizarro world in 2017. The liberals are engaged in their once in a generation consumption of their own, college students are freaking out because they may actually have to graduate and get jobs, and believe it or not the mainstream media is starting to discover that they are as relevant as Joe Biden.
And the good times have not even started if President Trump stays true to his word.
First the sunshine:
The news flow has been indicative of a true political revolution. The Trump win has caused the entire left in America to go insane and this means as their actions and radical rhetoric is only going to make the new administration look more reasonable and pragmatic no matter what course of action they engage in. This is quite similar to another point in history after the 1968 election where many on the far left decided to protest and blame the President-Elect for the Vietnam War instead of the Democrats who engaged American forces and expanded the scope of the war while they were in power from Kennedy through Johnson.
To add to the sunshine and smiles, the pro-globalist forces of George Soros, the Clintons, and other leftists is falling apart on a global scale which means all of their resources, and I’m talking hundreds of millions of dollars, will be put into saving Italy from voting to basically leave the European Union monetary system in December. If they lose there, then their last gasp will be a feeble attempt at starting a global conflict; which the voters are clearly saying is unnecessary and unwanted.
Next the lollipops:
As the left goes nuts, the average person reviews their vote either for Hillary or Trump and thinks, “wow, Trump isn’t as bad as these unemployed bums say he is” and the death of political correctness only accelerates. With the colleges actually cancelling exams and bringing in hot chocolate and therapy dogs as reported from the NY Post:
-The University of Michigan offered its traumatized students coloring books and Play-Doh to calm them. (Are its students in college or kindergarten?)
- The University of Kansas reminded its stressed-out kids that therapy dogs, a regular campus feature, were available.
- Cornell University, an Ivy League school, held a campus-wide “cry-in,” with officials handing out tissues and hot chocolate.
- Tufts University offered its devastated students arts and crafts sessions. (OK, not kindergarten — more like summer camp.)
- At campuses from elite Yale to Connecticut to Iowa and beyond, professors canceled classes and/or exams — either because students asked or because instructors were too distraught to teach.
Really? This means more for us older folks as the younger generation does not have the testicular fortitude or intelligence to deal with the real world and capitalism. Which means they suffer while making coffee for losers at Starbucks as we make more money than the Baby Boomer generation.
Finally, Dow 25,000:
The breakout this past week was not only pronounced by shattering many technical resistance levels; it sent a message that the bull has started regardless of logic, finance, or any reasonable technical analysis.
If the popular US Dollar Index breaks the 100 level as expected this week, then look for gold to crash below $1200 per ounce, silver below $17.50 and the Dow to advance well past 19,000 before the Fed rate hike in December causes a correction of 5 to 10% before the surge past 20,000 by year end. The great Bond market crash of 2017 will being in earnest and will result in a trillion dollar inflow into equities before Trump finishes voiding all the crap Obama illegally created as “law” via Executive Order.
Buckle up gang, 2017 is going to be a wild ride with the potential for real peace in our time, surging stock markets, cheaper oil and gas (like the 1980’s) and of course, a return to Patriotic America.
Just like 1968. Or 1982.
With the left freaking out and falling apart.
Let’s hope 2018 is just as good or else we will repeat Nixon, Jackson, or worse…