Conspiracy Theorist Unite

SNL's "Really" On Steroids

It’s been a while since I’ve had the opportunity to sleep like a normal person. That’s OK as it’s been years since the metals markets have been this interesting. My guess is that the Hunt Brothers are spinning in thei graves. Post the late 1970s and the early 2011 period trading in silver has basically been dormant. Times they are a changing.

Without a question, both periods were interesting and it seems that what’s happening now will be as well. Time will tell but one thing fo sure, silver trades on the New York Merchantile Exchange (“NYME”) and that’s a good thing. I’m thrilled it doesn’t trade on the International Commodity Exchange (“ICE”) like Frozen Orange Juice or Cocoa. It’s a hassle to trade there and I should know. I just closed out my single long contract of Cocoa at 10,000 with a GTC trailing stop. I got lucky. Now back to silver.

It looks like silver is ready to run higher, at least that’s what is keeping me up at night. First things first, silver has to push through the low $30s. If it does, the “trend” higher could very well erupt. Again, times they are a changing except for one thing, we’re not putting a hold on our printing press and what’s called “quantitative tightening” looks more like “quantitative easing”. I do not know who Powell or Yellen are fooling. Guess they’re both eating the “blue mushrooms” and now she is heading back to the “China” mainland for another plate or two.

Seth & Amy Are Back

Sorry to deviate a little folks but those who regularly read what I post understand that is just the way I operate. What’s next is absolutely sarcasm at it’s best, the other way I think. I go back many years and other than Bill Hader’s “Stefon” characterization on SNL, my recent favorite is “Really” portrayed by Amy Poehler and Seth Meyers. Sorry, I started watching SNL in its infancy when it was “really” funny. Now I watch it to see and hear how the “other” half lives. I long for the days when all administrations were a subject of thei humor. Perhaps those days are back. They are in my “conspiratorial” mind so without further ado I bring you my third rendition of “Really”.

Seth: How are you doing Amy?

Amy: Pretty good Seth. Have you been watching everything that’s been happening in the race for the 2024 elections?

Seth: I have and it’s going to be a “barn burner” by two old timers who should “really” be in old age homes. Have you been keeping an eye on the Middle East?

Amy: I have but I can’t figure out what Biden’s “red line” is. “Really”, I don’t think he has one or if he does he learned how to draw it from Obama.

Seth: “Really”, he was Irish, right, “O’Bama”. If Trump had his way he’d be an “illegal” alien married to a transvestite, Michael something, “really”.

Amy: “Really”, I overheard a conversation between Iran’s Ali Khamenei and the “big guy” right after the Damascus bombing. “Really” Seth you have to listen to this tape.

The Khamenei / Biden Tape

Khamenei: Joe old buddy, how have you been? Is your kid still giving you problems?

Biden: Ali, you know Beau died in Iraq years ago. Oh, you mean Hunter? It kills me every time I have to hang his stocking at “holiday” time. How’s your son Sayyid?

Ali: He’s pretty good. If he did what your kid’s done he would be missing a few body parts over hear in Iran. Anyhow Joe, what’s on your mind?

Biden: I’ve got an idea we need to discuss.

Ali: Anything for you “big guy”. What can I do for you? After all you have done a lot for me and Iran. I kind of owe you.

Biden: Look Ali, I’ve got this election coming up and I know the last thing you want to see is your buddy Trump back in the White House.

Ali: Ain’t that the truth. He never sent me money like you did? Tell me, Hunter got his cut before you sent the rest to me, right?

Biden: Sure he did but that’s not the point. I have to show my electorate that the “big guy” still has what it takes to run this country and I need your help. How about we do a little “fake” war so I can show the world we mean business?

Ali: Joe, who are you kidding? I don’t do anything for free. it’s going to cost you. What do you have in mind?

Biden: I want to win this damn election. I hear you’re going to retaliate against us for the Damascus attack and I understand. How about we put our “heads” together so no one gets hurt? I’ll beat up a few of your proxies, warehouses only, right in the heart of the Middle East and we can get CNN and MSNBC to cover it. They can fake anything. What do you think?

Ali: I don’t know “big guy”. What do I have to do and how much in unmarked bills are you going to send me, you know the “funny” colored ones that can’t be traced?

Biden: Come on buddy, to quote Hillary, “what difference does it make”? You don’t want to be dealing with Trump now do you?

Ali: Not really. I’ll take two cargo loads of cash but I’m not sending Hunter anything this time. Besides it’s hard to get money to anyone sitting in prison.

Biden: Done. I’ll take care of Hunter when the time comes. I’m pretty good at issuing pardons. Give my best to your family, tell Sayyid to keep his nose clean and, while we are on the phone, do you have a direct cell phone number for President Xi? I seem to have lost it.

Seth: Amy, “really” you’re just making this stuff up, right?

Amy: Maybe I am or maybe it’s true. Either way, it’s “really” too bad these ‘old timers’ are running for office. You’d think we could do better.

Seth: “Really”.

Amy: “Really”.

Back To Reality

I’m a conspiracy theorist. I’ve seen too much first hand in my “career” not to believe that our government is as crooked as they come. Edward Snowden is my hero.This is one hell of an election coming up and I wouldn’t put it past anyone to make a “plan”. While this scenario might be a little too much to comprehend, anything is possible.

Back to watching silver and the rest of the metals market. It’s a very interesting time in this country and around the globe. I “hedge” a lot figuring that if something can go wrong it will, just look at Taiwan. Maybe Seth & Amy have a copy of the “big guy” and President Xi?

At The Ticker we base “decisions” on macroeconomics, geopolitics and geoeconomics so we’re just practicing what we preach. As a longer term position trader, investor and hedger it is something I do on a regular basis. I’ve done it for years and trust you do as well. Take care and best always.

It’s very hard to believe that Bob Dylan released “The Times They Are a-Changin’” in 1964. Sixty years later his words ring true. I hope you’ll enjoy this rendition I dug up from England. I hope you’ll take the time to realize that history left unchecked often repeats itself. There’s nothing better than experience and in essence that’s all I ‘really’ have to offer. I remember everything. More so I remember what “caused” it and what the “results” were. “Really” exists and in reality we’re experiencing it again with silver getting peppy. The times may indeed be “changing” but in reality everything remains the “same”.

Iran's Supreme Leader, Ayatollah Ali Khamenei,