On Friday at 12.57 pm EDT, October 28th 2016, the new battle of Concord was fired. It wasn’t tea this time, it was a Weiner. Through a simple act of perversion by those seemingly above the law, a snowflake has become an avalanche.
In one stroke, the FBI has regained momentum, ensured no interference by the DOJ, put the Hillary’s team on defense, gave Trump a baseball bat to pound the pulpit, and reenergized the Republican elites, and its base.
There are a number of reasons and theories as to why now. My view ranges from the practical to the Machiavellian. Someone was going to leak this information out that the FBI or DOJ had locked away, information that is significant, or the information is just damning and Comey, Obama et al had to get in front of it. Or Comey put a line in the sand and said two can play the power game.. If Hillary loses, Trump is grateful, and all is forgiven, if Hillary wins, he is untouchable as long as he investigates her. A beautiful move on his part.
Trump is happy either way, as he is vindicated by winning or pointing to the constant corruption that prevented him from doing so. Republicans will investigate her until she is exhausted, and every move by the DNC, the Democrat Bureaucrats, and the Administration is now and forevermore suspect.
But in chaos comes opportunity. The Fed hates uncertainty, and will not do anything to stir this pot any harder, and will remain dovish. Dovish equals gold/silver/miners. We get a twofer. Chaos and currency protection.
Note what happened to gold when the announcement became public. Gold popped. Also note gold has stopped falling, and used this event to begin a move higher. We see gold as a continued winner going into the New Year. I offer other insights on this and other trades on my video at Weiner’s gun fires the first shot in America’s Civil War.