Viva La Revolution

From The Wizard of Oz – ‘Ding Dong – The Wicked Witch is dead’ – figuratively speaking of course. Hillary and the corrupt Clinton machine are finished – and with any luck heading for The Big House.
So will The Donald taking the White House solve all of America’s problems? Answer: Hell no – however it needed to happen because if the Clintons had control of the ‘Free World’ for another four-years, there wouldn’t have been much freedom remaining by 2020 – if we were still here at all. (i.e. think nuclear exchange with Russia.)
Apparently Hillary took the popular vote due to the shear numbers in California and New York, however you can’t feel bad about this considering the votes her machine stole just about everywhere else. If the true popular vote had been counted, Trump would have been way ahead. So ironically, justice is served for once – one for the good guys.
Now, The Donald has the gargantuan job of attempting to undo decades of damage self-serving oligarchs and bureaucrats have imposed on America, and the world. The thing to understand about what this means for the political economy of the world, is globalism, is about to get the kick in the head it deserves, and the decentralization process is about to kick into high gear. As you may know, I have seen this coming for some time – and now here we are.
So congratulations America – it’s a second revolution for you – the ‘soft revolution’.
Dow futures were down 800 at one point overnight, but the price managers have shown up to cut those losses in half, and then some. Once the cash markets open at 9:30 they may not be able to control the selling, we will see, because as you know a great amount of leverage exists in the markets that will need to come out at some point. You want to watch not only the VIX as per our comments yesterday, but also the TNX. If it breaks higher and threatens 2% you should get increasingly defensive.

This post was published at GoldSeek on 21 November 2016.