The markets started the day lower across the board, including precious metals as the world anxiously awaited the release of the highly anticipated redacted Mueller Report.
Attorney General William Barr, who was recently appointed by President Trump to replace Jeff Sessions, has now given his press conference and as expected has released the more than 400 page Mueller Report, just as expected he would.
In addition to releasing the report, Attorney General Barr however took a moment to criticize the media and their reporting over the last few years, highlighting the many misstatements and errors that they have made throughout the process.
This release however does come with some redacted parts, as sensitive information that could either endanger or compromise innocent people has been removed.
Despite what some hardened conspiracy theorist are stating, this is standard procedure, as you cannot publicly shame or bring negative attention to an individual that has not been charged with a crime.
Additionally, if the subject matter is deemed a risk to national security, then it too will be redacted.
Also as expected, the report of which news analyst and political pundits alike have been scouring over, highlights some interesting facts. Some of these facts paint the President and his allies in a negative light, while others exonerate him of wrong doing.
Regardless of what the you will hear from the legacy Mainstream Media, which will either spin this news into all positive or all negative depending on which channel you are tuning into, the markets are taking this release as positive overall for the country.
What this means is, Wall St and investors as a whole believe that Trumps exoneration and the verdict of "no collusion" by Robert Mueller is good overall for the United States as a whole.
The fact that I even have to say this is mind boggling and truly stunning. It shows the level of partisanship that has infested the West as a whole.
This fact that the President of the United States did not conspire with a foreign power, of which many deem to be hostile to the West, should be celebrated, not mourned!
Still, this is a conspiracy theory that is not going to die easy, as the MSM has pushed the "Russian Collusion" story for over two years now and they cannot let it go easily, as the truth completely exposes just how far their journalistic integrity and ability to tell the truth has fallen.
Sadly much of the MSM has devolved into tabloid status, selectively cherry picking facts and information to paint push their desired narrative.
All across the air waves anchors and political pundits are attempting to defend the dying conspiracy theory right down to the last minute.
Sadly, what this means is that we cannot expect things to return to normal, we cannot expect things to settle down and we cannot expect rational minds to resume control.
The 2020 elections are rapidly approaching and I once again need to stress my past prediction that it will be the most bloody, violent and nasty election that we have seen in living memory.
This means that chaos will run rampant and volatility in the markets will reign supreme.
Expect dirty tricks from both the radical left and the extreme far right.
Centrist will be tempted to pick a side, however, you must remain vigilant and resilient, keeping a rational mind at all times, viewing things through a nonpartisan lens, however difficult this will be.
Precious metals, both gold and silver will offer the protection that they have always offered for centuries on end, mitigating the political risk that at this point is not only likely, but all but guaranteed...
- As first seen on the Sprott Money Blog