Trump Will Be President End Game, Which Might Save What Little Remains Of Liberty

Yet Another Gold New All Time High, yen back above 150, bouncing off intermediate resistance since 2021, bank reserves climb $120B as reverse repos fall by the same.

• Trump’s economic policies are flawed, but his presidency might prevent a totalitarian regime, unlike Harris, who would usher in mass censorship.

• Bank reserves increased by $120B, corresponding to $120B fall in RRP, with the repos to reserves ratio dropping to 72%.

• Gold's RSI is overbought; a prolonged overbought state could signal an approaching crack-up boom.

• BRICS aims to create a payment system bypassing SWIFT, weakening US influence but not breaking monetary ties with the dollar.

• The yen is back above 150, intermediate trend line since 2021 still intact.

Looks Like Trump Will be the End Game President

It could be a lot worse. Monetarily, Trump is horrible, but so is everyone who doesn't want a banking crisis. His tariffs will make everything worse than it has to be, but the chances of the United States turning into a bona fide totalitarian hell are much lower under Trump than under Harris, or whatever is running that succubus. Harris came off especially dumb during that Brett Baier interview yesterday, which is surprising considering how well she did in the debate with Trump.

I don't know what's going on with her, maybe they gave her the wrong drugs or are sabotaging her now, but we're getting to the point where the margin of victory for Trump is getting too large for them to cheat away.

The best we can hope for with President End Game Trump is for him to throw his hands up and give up on his monetary and economic policies at some point along the panic, and for some adult in his administration to stand up, take charge, and let the market do what it needs to do.

I hope some libertarian can talk some monetary sense into Kennedy. He's one of the few who I think can actually listen and understand basic concepts, and if America makes through the next 4 years as a single country (not too sure about that), hopefully Kennedy has a shot at leading the country out of End Game, if such a thing is even possible. I'm not sure it is.

Repos to Reserves Ratio Drops Slightly to 72%

Bank reserves are up $120B from a low of $3.089 trillion on October 2. This rise corresponds almost exactly with the fall in reverse repos from $383B on October 2 to $262B now. This RRP money has been transferred to bank reserves. From there it will eventually be sucked up by the repo market, because if a bank has reserves and can't do anything with them, they will loan them out as repos to banks that need cash.