The Current Narrative That's Forming In Gold & Silver And For Christmas

What does it mean over the next month if the "bad news is bad news" narrative becomes the main theme?

(by Half Dollar) I'd like to bring up a few random points in no particular order, but to me, these points speak to a "bad news is bad news" narrative that's potentially forming in the mainstream.

First, a bunch of people without access to the cookie jar, or connections on the back end, or whatever, have lost varying amounts of "money" in the ongoing "crypto collapse".

Bad.

Second, Everybody's Favorite Communist Utopia continues to crack its Benevolent Whip.

Bad.

Third, despite any propaganda about booming U.S. holiday travel, as I saw with my own eyes on a Thanksgiving week road trip from Perrysburg, Ohio, to Haines City, Florida, in my experience, significant holiday travel was not blanketed across America as a whole as the Propagandists would have you believe, but rather, it's more like the seasonal traffic was heavy from just North of Atlanta to Central Florida, which I imagine is a similar story in other regions of the country, and when it comes to those juicy store "sales" to kick-off the holiday shopping season, which, by the way, aren't really even sales but more like mediocre percentages off of jacked-up prices, no matter where one resides, in 2022, Black Friday has been kicked to the curb if not taken behind the woodshed outright, just like they did with Veteran's Day a few years back.

Doubleplusungood.

Fourth, everyone is still looking for signs of the so-called Fed "Pivot", which, ironically means that everybody is disgustingly cheering for a lousy economy.

Ugh.

Fifth, the Bureau of Lying Sadists Labor Statistics releases its November Employment Situation Report this Friday, and not only can the weak excuse of bad weather be a card up the sleeve if they're planning to release a "bad" Jobs Report, but the 2022 "elections" are over, so there's no need to superficially sugar-coat the numbers, and, perhaps more importantly, in the home stretch of the year, nothing helps bring down the holiday cheer like even louder talk of recession, so there's that too.

Bien mal.

Sixth, and so on, and so forth.

Indeed.

I said what I think is currently happening to gold & silver two weeks ago:

And now, it seems that the "bad news is bad news" narrative provides ample cover.

Starve the Beast...