Regardless of Who Wins the Election, Confidence in Washington DC Is ALREADY Shattered

shattered-confidenceIt just doesn’t matter much whether Hillary Clinton or Donald Trump wins the election, at least in terms of gold and silver market fundamentals. That said, the contest itself is signaling something important precious metals investors should be watching intently.

Learn How to Exploit the Gold Frenzy!

This campaign is dragging whatever prestige is still associated with the Office of President into the mud. Few voters on either side bother to spend much time arguing the greatness of their candidate. When both Trump and Clinton carry more baggage than American Airlines, it’s easier to focus on their opponent’s shortcomings.

The victor in this epically polarized contest will garner only tepid support from a minority of Americans. He or she will be despised by most everyone else.

Washington DC is having a very bad decade. This year’s election is just part of a larger pattern that has big ramifications for the dollar and therefore precious metals; the devolution of confidence in our federal institutions.

trustAmong the biggest losers are the two major party establishments. Evidence recently emerged that Democrat Party operatives have been hiring and training hooligans to incite violence at Trump campaign rallies. There are indications of widespread voter fraud. And the supporters of Bernie Sanders won’t soon forget how their party leadership cheated them during the primary.

On the Republican side, Trump won with more votes than have ever been cast for a candidate in the party’s primary. Yet he is getting almost zero advertising support from the RNC and public rebukes from many Republicans.

A Trump win looks like the worst outcome for House Speaker Paul Ryan and other top party leadership. They would have to contend with an angry and vindictive president-elect who already seems anxious to punish them.

The widespread fraud and misdealing aren’t just limited to Democratic and Republican Party headquarters. It permeates Washington DC, and the embarrassing details just keep coming:

  • The FBI and Department of Justice are enforcing two sets of rules. One for Hillary Clinton and Wall Street and another for the rest of us.
  • IRS officials have been caught punishing people and organizations that advocate conservative and constitutional ideologies.
  • Our national intelligence services – the CIA and NSA are increasingly unaccountable. Edward Snowden and others have exposed their ambition for total surveillance and a willingness to ignore laws in order to achieve it.
  • The Supreme Court routinely upholds unconstitutional expansions of the Federal government. Their tortured rationale for upholding the Affordable Care Act (Obamacare) being one great example.
  • Congressional approval ratings have been in the dumpster for years. That hasn’t slowed the parade of scandals. And much of the legislation produced there remains wildly unpopular – bailing out crooked banks, perpetually hiking the debt ceiling, and always putting big money first.
  • People are rapidly losing faith in the Federal Reserve. And why not? After spending a few trillion dollars, central bankers don’t have much to show for it other than Wall Street profits and some even bigger bubbles waiting to pop.
  • The list of confidence-destroying blunders goes on in a myriad of smaller ways. The Transportation Security Administration fails 95% of the time when it comes to catching smuggled weapons. VA hospitals have been caught covering up the long wait times and lousy service for veterans. And on and on.

 

We now get to the U.S. dollar. Confidence in the greenback is, so far at least, holding up remarkably well. How long can that edifice keep standing while faith in the institutions surrounding it continues to crumble?

Not forever, that’s for sure.

Clint Siegner MMEClint Siegner is a Director at Money Metals Exchange, the national precious metals company named 2015 “Dealer of the Year” in the United States by an independent global ratings group. A graduate of Linfield College in Oregon, Siegner puts his experience in business management along with his passion for personal liberty, limited government, and honest money into the development of Money Metals’ brand and reach. This includes writing extensively on the bullion markets and their intersection with policy and world affairs.

Receive these articles per e-mail

Subscribe for the free weekly newsletter and receive 3 papers about physical precious metals investing



  • Steve Brockman

    The Bible and gold and silver-

    Genesis 2:11- First mention of gold- that is found in abundance in Havilah

    Genesis 13:2 Abraham very rich in gold.

    Genesis 41:42- Pharoah has a gold chain; and gold was used as money in Egypt 44: 8

    Exodus 25- The many objects in the temple of Moses representing what is already in heaven

    2 Samuel 8:11- gold crown of king of Ammonites; David’s accumulation of gold for the temple

    1 Kings 6 & 7- the temple description of gold’s use by Solomon.

    1 Kings 9- accumulation of gold from Ophir by Solomon

    Esther 1:7- The Persians desire for gold

    Daniel 3:1- Babylon’s value of gold

    Hebrews 9:4 – golden censor, golden pot for manna in ark, the ark of the covenant in heaven

    Revelation 1:12- golden candlesticks in heaven

    Revelation 4:4- golden crowns on 24 elders heads in heaven

    Revelation 5:8-  4 beasts falling before Jesus with golden vials during 7 year tribulation

    Revelation 8:3 & 9:13- golden altar before Jesus throne; golden altar with four horns before God in heaven.

    Revelation 9:20- idols of gold during 7 year tribulation and Satanic kingdom.

    Revelation 14:14- Jesus sitting on  a white cloud with a golden crown

    Revelation 15:6- 7 angels have golden girdles

    Revelation 15:7- 7 golden vials

    Revelation 17:4-The whore, the apostate one-world church is dressed with gold

    Revelation 18:12- the kingdoms of the tribulation world have an accumulation of gold.

    Revelation 21:15- An Angel in heaven has golden measuring stick

    Revelation 21:18&21- The,New Jerusalem has gold in its walls and streets.

    Summary-

    The Bible teaches God created all things including gold

    Before the creation of the world, there was gold in heaven

    Gold recognized as emblematic of deity with the anti- deluvian peoples

    Gold was one of the stores of wealth of Abraham, the father of many nations

    Moses used gold, confiscated from Egypt, to create holy fixtures like those in heaven, for the temple of God in the wilderness.

    David’s victories accumulated the majority of gold used to build Solomon’s temple.

    Solomon accumulated great amounts of gold with his navy’s trips to Africa. He made golden shields and a golden throne

    The Babylonians and Persians had their power manifested in accumulation of gold. Book of Daniel, and Book of Esther.

    Gold and silver are neans of wealth during the 7 year tribulation

    Gold is used in the NewJerusalem- a City which circles the new earth, in which the whole city is made of gold, including the streets

    The value of gold will be forever to His praise

    Evangelist Steve Brockman
    sdbrockman@earthlink.net

    By Evangelist Steve Brockman
    sdbrockman@eart

  • I profited $104000 in last twelve months by working online from home a­­n­­d I manage to accomplish that by wo­rking part time f­­o­­r 3+ h /daily. I’m using an earning opportunity I stumbled upon from company that i found online and I am thrilled that i made so much money. It’s user-friendly and I’m so blessed that I found out about this. Here is what i did… http://statictab.com/owgxpdb

  • I have earned 104,000 thousand dollars in last 12 months by working on-line from home and I manage that by wo­rking part time for few hrs /daily. I was following work opportunity I was introduced by this web-site i found online and I am amazed that I was able to earn so much money on the side. It’s really beginner friendly and I am just so grateful that i found this. Here’s what I do… http://statictab.com/h8vxywm