Make Money Great Again: Vote for Gold

Money_gold_bars_HD_wallpaper++1_3By Guy Christopher

Who could possibly have predicted the astounding results of the November 8th presidential election?

A lot of folks, it turns out. Better than 60 million at last count. But that doesn’t include highly paid, and obviously over-paid, pollsters.

And it doesn’t include “journalists,” who showered their elitist agendas on television screens, in newsprint headlines and across cyberspace during the 17-month presidential campaign.

In short, those posing as experts predicting the future blew it. And they blew it “big league,” both before and after the election.

“No question – markets are going to tank all over the world,” said top experts at Yahoo Finance, during online, streaming coverage election night.

Stock markets instead went straight up for two days before modestly retreating.

Yahoo was not alone with that post-election financial advice. True to form, every business reporter in town got it dead wrong.

Curiously, not one dared repeat Trump’s constant drumbeat to his supporters – “stay out of this dangerous stock market!”

Trump’s politically-incorrect bond with his supporters was aptly captured by columnist Peggy Noonan.

There was no state-of-the-art get-out-the-vote effort—his voters got themselves out. There was no high-class, high-tech identifying of supporters—they identified themselves. It somehow makes it more beautiful that few saw it coming.

Donald Trump’s victory in the face of pitifully wrong predictions is historic, but far from unique or unprecedented, despite what press and pundits would have you believe.

The 1948 Chicago Daily Tribune headline “Dewey Defeats Truman” has been the poster child for 68 years for deplorable journalism and pathetic polling.

Now, Newsweek has taken the Dumb & Dumber Award for its cover sporting a smiling Hillary Clinton as “Madam President.” That issue was planned, printed and distributed days before the election.

Quickly recalled, surviving copies are going for hundreds on eBay as collector items.

Dead Wrong Pollsters… You’re Fired!

Lesser known is the polling and reporting surrounding Louisiana’s 1956 gubernatorial election.

Earl K. Long, brother to Huey “Kingfish” Long, was a corrupt but beloved rascal who once ushered a herd of farm animals onto the floor of the Louisiana legislature to make his point.

His shameless dalliance with Bourbon Street stripper, Blaze Starr, was merely the highlight in a constant stream of public embarrassments, fancifully portrayed in the movie Blaze starring Paul Newman.

Long was even committed to a Louisiana mental institution while in office.

He escaped by firing the head of the hospital and hiring a new medical chief, who quickly certified Long as sane and fit for office.

“Uncle Earl” won his third term in 1956 in an unexpected landslide. Portrayed as a backwoods hick by his silk-stocking opponents, with the press pounding him every day, he wiped them all out in the primary – no runoff election was needed. No one saw that coming.

“The day before the election you couldn’t find anybody who says he was voting for me,” crowed Uncle Earl. “And today, after my landslide, you can’t find anybody who says he voted for me.”

The media’s most astounding back flip comes from the New York Times, this nation’s supposed “newspaper of record,” decidedly pro-Clinton throughout the campaign, which headlined Clinton’s prospects of winning at 86% five days before the election.

Publisher Arthur Sulzberger was cowed into publicly “rededicatingThe Times to “honest, unbiased reporting.”

One of Sulzberger’s editors had publicly admonished him to “change your focus” from telling readers what and how to think to what readers actually think – to stop “pushing the limited agenda of your editors.”

One salient post-election observation comes from Craig Hemke of the TF Metals Report in a Money Metals podcast interview three days after the votes were counted.

Predictions, says Hemke, are “a fool’s errand – people thinking that they know one day after Trump was elected what’s going to happen now.”

The same “experts” who were dead wrong about Trump now think they know what happens next.

So, what can we, at least, strongly expect?

On the economic front, Donald Trump has promised individual and corporate tax cuts, accelerated energy development, and new infrastructure spending, all meant to grow jobs.

His promise to rebuild the military will hike government spending and may be offset by reducing overseas commitments. but his solemn promise to repeal Obamacare has already been walked back to “parts of Obamacare.” Ditto the walk back from his signature “severe” immigration restrictions.

Make no mistake – Donald Trump is not a small-government guy. Never was and may never be. Based on his preference for “smart trade” over free trade, we may see “smarter government,” but it won’t be smaller government.

Trump and His Advisors Have Made Positive Noises about Gold

Trump was one of the few candidates to hint at being a champion of gold, saying “how great” a gold standard would be. He has top advisers who favor a refreshed and modern look at gold in the monetary picture.

But sound money advocates should not leave designing their own personal gold standard to others. Neither government nor media has been a friend to sound money for some 80 years now.

In fact, anyone ever doubting the wisdom of his own course should now be convinced never to leave critical analysis to dead-wrong government, to dead-wrong journalism, or to dead-wrong pollsters.

Sound money advocates should look to what they know protects wealth. Five thousand years of gold and silver are winners, no matter who is preparing to get into the White House, or who is scheming to get out of the nut house.

MoneyMetals.com columnist Guy Christopher is a seasoned writer living on the Gulf Coast. A retired investigative journalist, published author, and former stockbroker, Christopher has taught college as an adjunct professor and is a veteran of the 101st Airborne in Vietnam.


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12 Comments on "Make Money Great Again: Vote for Gold"

  1. my speculation…

    The “pollsters” knew damn good and well Trump was going to win. The powers that will soon not be will pull the plug on the global economy, blame it on Trump supporters, Brexit etc.. and present their savior to implement their solutions.

  2. “In fact, anyone ever doubting the wisdom of his own course should now be
    convinced never to leave critical analysis to dead-wrong government, to
    dead-wrong journalism, or to dead-wrong pollsters.”

    Amen to that.

    Silver and gold are real money; I’ll stick with them, at least for these uncertain times.

  3. “Now, Newsweek has taken the Dumb & Dumber Award for its cover sporting a smiling Hillary Clinton as “Madam President.” That issue was planned, printed and distributed days before the election.”
    According to Snopes, an alternate ‘President Trump’ cover was also prepared to cover both contingencies. Exactly who takes the Dumb and Dumber award? How hard was it to check the facts before promoting what was already a pretty thorough debunked bit of nonsense.

    Another gem found in this article:
    One of Sulzberger’s editors had publicly admonished him to “change your focus” from telling readers what and how to think to what readers actually think – to stop “pushing the limited agenda of your editors.”
    Sounds like good advice the author of this post should have followed.

    What with the pimping of gold? Sounds more and more like a Glenn Beck special. I used to promote this site on my blog roll but after this post, I think that honeymoon is over.

  4. “….Trump was one of the few candidates to hint at being a champion of gold….”

    Which could be great news FOR the BANKSTERS !

    They always loved Gold because they can manipulate the price easily.
    .
    https://uploads.disquscdn.com/images/aa52aa2566e66472728ade7af17ce5c95f076a8e02ac2f177bf9cd2a768ce033.jpg

  5. A lot of people who consider themselves Libertarians think gold backed money is true to their politics. Commodity backed money would be a good thing, but giving our money’s franchise to a single industry is about as unlibertarian an act as possible. So long as we are going for legal, government money, a much fairer choice would be an index of many commodities. It’s called the Chicago Plan and the American Monetary Inst promotes it.

  6. Just remember: polls are a propaganda tool used to mold public perception that work with incredible and effective ease, always have been, and always will be. If they are not boldfaced lies, polls might as well be.

    Gold backed currency is the opposite of the cashless world the bankers want so badly they can taste it. Without gold or silver backing, all they have to do is print paper and add cashless zero digits into computers to steal wealth from the public with inflation, like they did for the last hundred years, all over again.

    In the “cashless” way they can seize ALL your wealth by errors that cant be “corrected” for whatever they make up, like hacking. And then…..its gone!

    Never believe that a cashless society will benefit any one but Wall Street Bankers and the overpaid corporation gangsters who like to sell us poisoned food, and eliminate jobs so we cant even afford to buy it, without 2 members of the household working full-time as slaves!

    The good news is that we are beginning to realize these things need to change. Recognize and discern when you need to connect the dots for yourself. Those nuggets of truth in the media are worth a dozen deceptions apiece, if you can make them out! Question everything.

  7. Historically, gold and fractional reserve banking never stopped panic creation of over supply-retraction-profit program of central banking. The new US found out, just as Spain, Portugal, France, Netherlands… It’s been a global economy since the 1600s, with entire empires failing due to debt to private cartel owned creation of money and credit.

  8. Bring back JFK’s e/o 11110, silver certificates.
    When all of the zentral banks are failed a thousand years of peace will commence.
    The unholy goat worshiper owners use these banks to sustain their vile pedophile life styles.
    They bring only misery to the plebes.
    Pitchforks, tar and feathers required.

  9. Money supply needs to be adjusted as per growth and inflation. Wrong to tie it to a commodity like gold/silver

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