Just like the story of the boy who cried “Wolf,” Trump did another 180 by reversing his statement of how we’re ‘Real Close’ to a peace deal to ‘It’s too soon” for peace.
Ironically (or NOT) this worked out beautifully for another TACO Trade as the oil markets whip-sawed once again.
And it happened on a combination of Taco Tuesday and Cinco de Mayo.
Not surprisingly, the markets surged again on Wednesday with all the pundits lauding over how the DOW was once again at 50,000.
But no one seems to remember that it hit 50,000 in January this year.
And back then it allowed Pam Bondi to blow off the release of the Epstein tapes claiming that they were no longer relevant because the DOW was at 50,000.
Remember that?
But the question we have is, how much money is being made on the TACO Trades set up (almost every week) by the likes of Jared Kushner who is managing the $6 Billion+ Saudi Wealth fund?
And outside of being named United States Special Envoy for Peace – with no prior experience in global diplomacy – what role does he actually play in the Trump regime?
Is it just us or does anyone else think Kushner’s managerial role with the Saudi’s is a conflict of interest?
It may seem like we are picking on Kushner but we would lay odds that he is not the only one benefitting from the TACO Trades.
But if you’re paying attention, the pattern revolves around striking a peace deal with Iran, who has repeatedly rejected Trump’s terms.
Too Soon for Peace
And how does the rhetoric go from “Close to a Deal” to “Too Soon for Peace” in less than 24 hours.
BTW, the Gold and Silver markets usually go in the opposite directions of big moves in stocks.
But they participated in Wednesday’s big surge in price as well.
What that tells us is that Gold doesn’t believe a peace deal is anywhere near a reality.
Because Gold (as we have pointed out many times before) is a barometer of fear.
So, while the Presstitutes focus on the NASDAQ and S&P 500 hitting new all-time highs – and the DOW back above 50,000, we caution you to listen to what the markets are saying instead of the talking heads on TV.
And based on everything we’re seeing, we agree with Trump’s latest claim that it truly is “Too Soon for Peace.”
Learn how to listen to what the markets are saying and ignore the Presstitutes in our upcoming May newsletter (HERE).
And share this with a friend…even if they don’t know that Jared Kushner is making a killing on the TACO Trades. They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
“And you shall know the truth, and the truth shall make you free.”