The Other Election Result: Dollar Liquidation Again This Early Morning

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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.

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