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Another New High for Gold, Equities Rebound, and a Cackles Replacement?

What if there’s a fair amount of fraud in the recent economic numbers? What is gold’s new record closing high telling us? Will Harris be replaced at the upcoming convention? All these cross-currents and your weekly round-up of the news that caught my eye are ready – so grab a cup of coffee and dive in.

The User's Profile davefairtex August 18, 2024
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Risk Assets

Exciting equities jumped higher, rising 210.09 (+3.93%) to 5554.25, confirming last week’s possible reversal. The “swing low” candle print was very bullish, and SPX is now back in a strong uptrend.  Is a breakout to new all-time highs coming next week?

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This week we saw them trialing fearporn again about “the next pandemic.”  Will there be a “mask mandate” for monkeypox?  How stupid have they become?  Perhaps it’s just the latest GAVI/WHO money grab rather than a real attempt to force-vax the world once again.

We saw a sudden Mockingbird flip this week.  I’m old enough to remember when Cackles was worshiped (last week!) by the media.  Then someone flipped the LockStep switch, and this week there were a rash of negative Mockingbird headlines (one at WAPO!) about (what I call) Cackles Communism, plus the banning of Naomi Wolf a day after her interview with Alex Jones.  Based on this Cackles U-turn, I’m predicting a possible “Emergency” Cackles Replacement event prior to the “Election”.   The Democrat-Oligarchy are having their pretend-convention next week.  Will something happen there?  And who will it be?

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