"Gold Has Figured It Out"

Tyler Durden's picture

Authored by Kevin Muir via The Macro Tourist blog,

Well, that didn’t take long. After unleashing a barrage of bombs on Syria, Trump wasted no time in rattling his saber towards the rest of the world.

Following a weekend meeting with Chinese Premier Xi, Trump clearly sent a message (through his twitter account) that the U.S. intends to next deal with North Korea.


China responded by moving 150,000 soldiers to the Korean border. Although it is still not clear whether China is fully on board with Trump’s plan, the North Koreans are not backing down from the fiery rhetoric.


I am aware that I add little value by discussing geo-politics. Apart from noting that North Korea is probably more full of bluster than true willingness to go to war (after all, the U.S. has Chuck), the situation is difficult to analyze.


But I wanted to point out a troubling development. Before you potentially misconstrue my comments, please be assured I have no desire to make judgments on either Trump or his policies. I have absolutely no need to convince you that my opinion about what should be done is correct. I don’t have all the facts, so I have no ability to say what is the proper course of action.

Yet I want to highlight a potentially troublesome scenario. We can probably all agree that Trump is one of the most insecure Presidents ever elected. Even his friends are aware of this flaw. In a recent Politco article, Tim O’Brien, a Trump close acquaintance described him this way:

“So at the very moment he hates the establishment, he also desperately wants to be approved by it.”

So we have an insecure President, whose approval rating is floundering badly, that has just launched a missile attack on Syria, and what was the result?


Trump has finally been accepted as “Presidential.” Here’s a great recap of the reaction to the strikes from Business Insider:

CNN’s Fareed Zakaria said Friday morning that Trump “became President of the United States” when he authorized the missile launch Thursday night.

David Ignatius, a columnist for the Washington Post, said on MSNBC Friday morning that, “In terms of the credibility of American power, I think most traditional Washington commentators would say he’s put more umph, more credibility back into it.”

MSNBC’s Brian Williams said he was “guided by the beauty of our weapons, and they are beautiful pictures of fearsome armaments making what is, for them, a brief flight over to this [Syrian] airfield…”

Is it any wonder that Trump followed his Syria strike up with threats to North Korea?

Now maybe all of these actions are justified. Maybe this will ultimately make the world a safer place. I don’t know, and neither do you.

But as traders, it is our duty to figure out how these developments will affect markets, not pontificate about their morality.

And the simple fact is that geopolitical tensions will most likely escalate under Trump, not the other way round.

Gold has already figured it out.

As investors, we all know that the worse thing that can happen is to win on your first trade. It makes you think you actually know something, when chances are, you were just lucky. Well, Trump’s success in Syria is even worse because it has also given him the one thing he is craving more than anything - respect.

Make sure you position your portfolio appropriately.

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hedgeless_horseman's picture


Donald Trump is an instigator.  I learned this, first hand, while standing with him in his back yard as he hit a bucket of golf balls at his neighbor's house.  Plan accordingly.


Franklin Mint Chip's picture
Franklin Mint Chip (not verified) hedgeless_horseman Apr 12, 2017 10:05 AM

And I "figured out" that Bitcoin is > Gold (silver is too).


Pinto Currency's picture

The gold market is the ultimate fraud trading 200M oz per day in London (88% of global daily trading volume) - ounces that do not exist. Comex gold contracts see 0.04% settle for gold delivery.

This chart is a chart of a fraud.

It proves nothing.

bamawatson's picture

article is GARBAGE

pure insipid mindless gibberish trash

JonNadler's picture

what's gibberish? The article that gold has figured it out? Yes, the boyz will smack it down soon enough even if nuclear war breaks out

Creepy_Azz_Crackaah's picture

Got a laugh out of the Chuck Norris picture. Excellent.

As long as central banks are around Monkey Hammers will be around and put to use.

Franklin Mint Chip's picture
Franklin Mint Chip (not verified) Creepy_Azz_Crackaah Apr 12, 2017 10:55 AM

Another thread spammed and bit-tarded. This place is getting bad.


bob_bichen's picture

FRANKLIN MINT CHIP  <<<  chronic "bullshit bitcoin" SPAMMER

City_Of_Champyinz's picture

All you 'figured out' is how to be a professional douchebag of the lowest order.  Spamming dumbfuck idiot.

Franklin Mint Chip's picture
Franklin Mint Chip (not verified) City_Of_Champyinz Apr 12, 2017 10:17 AM

You realize spam is email, right moron? I am providing people a chance to own real Bitcoins (not rehpyothecated Bitcoins in a soon-to-be-bankrupt exchange).

bamawatson's picture

"real bitcoins"

your use of that phrase manifests profound ignorance

Franklin Mint Chip's picture
Franklin Mint Chip (not verified) bamawatson Apr 12, 2017 10:23 AM

Yes... real as in actual, real Bitcoins recorded on the Blockchain. Questions? Am I going too fast, getting too far ahead??

RealityCheque's picture

You are spamming links.

It wouldn't matter if you were offering free blowjobs from *insert name of attractive woman here*. It's still spam and people generally hate it and therefore you.

Franklin Mint Chip's picture
Franklin Mint Chip (not verified) RealityCheque Apr 12, 2017 10:32 AM

People all over teh world love the product, love the sales pitch, love teh links. So try again..... I've gotten many young couples into their first Bitcoin and helped them accomplish their dreams.

RealityCheque's picture

Were you once a used car salesman?

"So folks, what can I do to get you into your very own, brand new bitcoin today!?"

I've no problem with Bitcoin, what I don't like is people dropping commercial links into a conversational forum. It's shitty and you know it. So don't act all butthurt when people give you grief for it.

And it's spelled "the".

Franklin Mint Chip's picture
Franklin Mint Chip (not verified) RealityCheque Apr 12, 2017 10:53 AM

I tried to be a used car salesmen but my boss found me too aggressive and customers did not like my pungent odour.

Creepy_Azz_Crackaah's picture

"It wouldn't matter if you were offering free blowjobs..."

Remember, Madonna DID offer this if you voted for Cankles. Maybe BitTard is Madonna.

Franklin Mint Chip's picture
Franklin Mint Chip (not verified) Creepy_Azz_Crackaah Apr 12, 2017 10:52 AM

I'll suck on any Tailpipe if you tell me there's gonna be a big Bitcoin surprise at teh end.

bob_bichen's picture

FRANKLIN MINT CHIP  <<<  chronic "bullshit bitcoin" SPAMMER

Mustafa Kemal's picture

"Am I going too fast, getting too far ahead??"

real bitcoins?  Oh shit , I better go check to see if mine are real. 

Please remind me, how do I do that?

Franklin Mint Chip's picture
Franklin Mint Chip (not verified) Mustafa Kemal Apr 12, 2017 12:05 PM


enter the wallet address

bob_bichen's picture

Franklin Mint Chip  <<< SPAMMING freak show

83_vf_1100_c's picture

Providing yourself with a profit. BC in a SHTF scenario will disappear quicker than milk, bread from a grocery right before a hurricane.

You have zero self respect. Seek out the bukake fag at your local gay bar. He can provide you with the debasement you seek. Do you not see that you are the turd in the punch bowl at the ZH party? HuffPo folks need to be educated about 'teh bitcoin". Take a well deserved sabbatical.

Franklin Mint Chip's picture
Franklin Mint Chip (not verified) 83_vf_1100_c Apr 12, 2017 1:13 PM

I have so much self respect I have developed a narcissistic personality disorder and bitcoin alluvial plane. Sorry, I am not into your gay porn shit though.

bob_bichen's picture
bob_bichen (not verified) Franklin Mint Chip Apr 12, 2017 1:59 PM

Franklin Mint Chump   <<< CHRONIC SPAMMER

robertsgt40's picture

Franklin mint chump--another plant. Member for over 2wks now. Fkg joke.

Franklin Mint Chip's picture
Franklin Mint Chip (not verified) robertsgt40 Apr 12, 2017 1:11 PM

Don't like it? Then screw off...

northern vigor's picture

Those guys all think they have a big set of testicles until the neighbor knocks the pail over with a .300 magnum. 

lester1's picture


scaleindependent's picture

Can you please explain your comment?

clade7's picture

 Who hasnt hit a golf ball or two at their neighbors house?  You saying Trump blasts it right down the fucking street in broad daylight??  Like in that scene from Happy Gilmore?  Knocking those old people right off their own roof?  I dont understand?  You are a supporter? 

Consuelo's picture



"Now maybe all of these actions are justified. Maybe this will ultimately make the world a safer place. I don’t know, and neither do you."


Stick to your 'trading'...

GRDguy's picture

Thanks for this morning's chuckle. Loved the pic w/Chuck Norris.

_RRR_'s picture

maybe someone else is thinking he's like Chuck Norris

SomethingSomethingDarkSide's picture

Get into Miners, Leveraged Miners, Physical PM's - anything that trades based on a rare earth metal with monetary or industrial worth.

Lithium and Gold to the moon, see USDEBTCLOCK.ORG, pointed out by another ZHer.

LawsofPhysics's picture

Risk?  What is that?  The very foundation of our eCONomy, the monetary system itself has been completely detached from reality for 40+ years!!!!

bankers and financiers have access to all the money they want RISK FREE (ZIRP/NIRP)!!!!!!!!!!!!!!!!!!!!!!!!!

It's everyone else that has to work for a living and face real risk!!!!

See the problem yet?

GUS100CORRINA's picture

LawofPhysics ...


The very foundation of our eCONomy, the monetary system itself has been completely detached from reality for 40+ years!!!!


NaiLib's picture

You can always protect your savings in BTC or Gold, Gold is more difficult to move. IF you buy US paper Gold, your're in for trouble

EhKnowKneeMass's picture

As I have mentioned in another post--'tis hammer time; probably in the next few days.

NugginFuts's picture

Damn, I hope so. I want to buy more, but not at the ATH.

SomethingSomethingDarkSide's picture

GDX still near 2008 lows, hard to get lower than that with so much wind in its sails going forward

daveO's picture

Ki Jung Un or Assad will be reported to have been displaced.

medium giraffe's picture

Make American Graves Again.

onthedeschutes's picture

Actually...it's the central banks that had gold figured out back in about late 2011


Bay of Pigs's picture

That quote is from 1999 and refers to the actions taken by the Bank of England dumping its physical gold at the bottom of the bear market.

onthedeschutes's picture

I did not say the quote was from 2011...but if you look at the Fed balance sheet versus gold...it becomes clear that late 2011...the Fed put the fix in for gold.  The point of the quote is that market manipulation is an unofficial mandate of the Fed and global central banks.  

Bay of Pigs's picture

Yes. The April 2011 and 2013 smash downs made possible by the Osama Bin Laden killing and Boston Bombing false flags that stopped the ten year Golden Bull run. Silver was crucified even worse. Price and sentiment today reminds me of the lows in 1999, 2001 and 2008.

Both gold and silver are severely undervalued by any comparison.