Make Money Great Again: Vote for Gold
By Guy Christopher, Originally Published on Money Metals Exchange
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 “rededicating” The 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.”
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.”
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 Advisers 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.
|Money Metals columnist Guy Christopher is a veteran 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.|
Thanks to Money Metals Exchange
From Gary North
Gary North – November 16, 2016
Donald Trump used a visual image for “seal off the border.” He used a wall.
He isn’t going to build a wall. He will not ask Congress for the funding.
He doesn’t need to.
The border can be policed by satellites and a few thousand low-cost drones. The technology is cheap. It is available now.
These are cheap drones that carry no missiles. They only carry cameras. There can be night drones and day drones. They can observe what is going on for miles.
Put up 1,000 drones at all times, day and night. Aim their cameras 10 or 20 miles south of the border. Is there a truck coming north toward a desolate area? Meet it with troops.
There will be enough troops on the cheap fenced border to head off 80% of the trucks. If 80% of the trucks can’t get their cargo through, the wholesale immigrant business is finished.
Post a thousand troops and drones at the high-crossing areas.
The strategy here is to eliminate the wholesale immigration business. Make the immigrants walk to the border in remote areas. This will drastically reduce the crossings. Move the immigrants from wholesale to retail.
MAKE A DEAL WITH THE COYOTES
Coyotes are the people who take money from desperate would-be illegal immigrants to take them across the border in trucks. They are middlemen.
I propose that Trump make them two-way middlemen.
A coyote brings a truckload of people to the border. On the American side of the border is a border patrol officer who is assigned to an Army unit. He makes the truck driver an offer: “Take them back. Here is $25,000, cash.”
Yes, I know: pretty soon there will be trucks loaded with fake immigrants. So, run the initial program for long enough to get the word out: “Don’t pay anyone to take you across the border. The gringos have cooked up a deal with the coyotes. The coyotes will take your money. Then they will take the gringos’ money to bring you right back.” Six months will do it.
If traffic starts back up, re-start the program.
Keep the immigrants on the Mexican side of the border. This way, there will be no expensive court hearings on our side of the border. There will be no ACLU attorney coming to the defense of illegal immigrants in the middle of the night in the South Texas desert. The immigrants will not cross the border. Mexico will retain jurisdiction.
Station enough troops and drones on the border to seal it off.
Better yet, arrange for the coyotes to bring the would-be immigrants to established check points. No muss, no fuss.
But, you say, no sensible coyote would do this. It would kill his business. So, stage it. Hire some Mexican Americans in South Texas to do a fake crossing at a fake border. Rent an old truck. Have an actor pay the “driver” a wad of bills. Use a dash cam. Make it look real. Then post the video. Do one of these a week. Use the same two or three trucks.
Have you ever seen Wag the Dog?
Trump can supply the video crew. He is a master of reality TV.
Keep the drones flying. Let the coyotes know that they will not be able to get their cargoes across the border. “We can see you coming.”
Maybe a truck turns around and heads home. The driver does not get $25,000. Word will get out: “Don’t pay this guy.”
Maybe the driver stops. He gets his $25,000. He drives them back. Word will get out. “Don’t pay this guy.”
Maybe he unloads them on his side of the border. He gets $25,000. He leaves them. Word will get out. “Don’t pay this guy.”
If he crosses the border, he gets no money. He loses his truck. He gets no food or water. He is sent back on foot with the others. “Have a nice walk with your friends.”
The people who get unloaded will be given two choices: (1) put on a GPS tracking device and start walking back to civilization with food and water supplied by the Americans, or else (2) don’t put on the device and get no food or water. There is this threat: “Take off the device before you get to town A, and the next time we catch you trying to cross illegally, you will get no food and water. And we will catch you. Take the device to our local exchange store, and they will give you $100 cash.” Of course, they are photographed at the border. Their faces go into a facial recognition data base. If they get caught again, they get no food or water for the hike back. “Buy food and water from your buddy.”
Why the exchange store? The store will advertise locally. “If you get caught when our drone system catches the truck that takes you to the border, and if the driver leaves you behind, you can get $100 for the GPS device you will get when you return from the border. We’ll make sure you are in our ‘caught trying to cross the border’ facial recognition system. Then you will get paid.”
Word will get out to the coyotes’ customer base.
Post Spanish language videos on YouTube. The viewers will see the drones, the troops, and the money exchanges. “Warning: the U.S. government has an arrangement with the coyotes. It pays the coyotes to bring people right back at a profit of $25,000 per truckload. You will pay $1,000 for a one-day round-trip visit to the border. The coyotes will make money both ways.”
Put up videos of families walking away from the fence in the middle of the desert. “This is what happens if you try to cross the border in a truck. The drones always spot the trucks. You will be greeted by American troops. Save your money.”
Goodbye, wholesale immigrant market. Hello, individual families on foot.
BETA TEST THIS BY LATE APRIL
This would be cheap to implement. The beta-testing could be operational within three months of Trump’s inauguration.
Put a bird colonel in charge of this. Offer him two stars if he gets it operational by Christmas, but only one star if it’s a day late. Trump can make this offer on January 21. He can ask for volunteers. He will get lots of volunteers by January 23. By February 1, there will be piles of applications.
This colonel would be granted the authority of a four-star general for this project until December 25, 2017.
The colonel will find holes in the system. Most of them can be plugged. He could then ramp up the program by October 31. It would be working by December 25.
Give the program until December 31, 2018 to work. By then, the flow of illegal aliens will be down by 80%.
Priority for Army promotions would be given to successful captains and majors who cut down immigration rates. The statistics would be simple: “Reduce the immigrants in your sector by 20% this year, and you go to the top five of the short list for promotion.” The Mexican border would be the fastest track to stars on the shoulder.
Word would get out. Fast.
Could Trump do this unilaterally? Of course. He is Commander-in-Chief. Paul Ryan isn’t. Mitch McConnell isn’t.
Trump doesn’t need a wall. He needs only the will.
I authorize you to reprint this article on your blog if you post a link back to this page.
Thanks to Gary North
The Deviant Investor