Press "Enter" to skip to content

The Other Election Result: Dollar Liquidation Again This Early Morning

As the final votes are manufactured,er, tabulated in the Georgia US Senate runoff this morning, the other election results are coming in against the United States also:

This could get real ugly, really fast folks.

What is unusual however is the lack of movement in the gold markets. Bitcoin acted more like gold than gold is with $BTC topping 35,000 briefly as money is fleeing the United States for more liquid assets. But gold? Ugh:

Maybe the goldbugs are not so stupid and expect Sleepy Joe to pull an FDR style Executive Order on the precious metals. Time will tell, but technically, a close below $2,000 this week is not bullish in this writer’s opnion.

Article Sharing:
%d bloggers like this: