Like correctly predicting Trump losing the 2020 election, Judy Shelton will not be joining Club Fed, just as predicted on July 5…of 2019!!!
(by Half Dollar) Why is anybody surprised that Judy Shelton did not get appointed to the Fed?
Ha!
Just kidding.
That’s not the question.
Here’s the question: Why do the Sheeple still think that Judy Shelton is a gold advocate, or that the Fed can somehow be fixed or reformed?
Meh.
They’re sheep.
And they will never get it.
They’re only to be fleeced or slaguthtered.
Regardless, from Reuters (bold added for emphasis and commentary)
The U.S. Senate on Tuesday blocked President Donald Trump’s nomination of Judy Shelton to the board of the Federal Reserve, making her the latest in a string of failed nominees to the central bank.
The pathetic part is that the Fed apologists, armchair quarterbacks, enablers, propagandists, pundits and sympathizers think that somehow Judy Shelton is “good for gold”.
She’s not.
She turned her back on gold & silver, and, by extension, the United States Constitution.
Said differently, and I’ll ask it as a question: If Judy Shelton really was a sound money advocate, wouldn’t she have said in her confirmation hearings, “The Constitution REQUIRES the United States to be on the bi-metallic gold & silver standard”?
Because it’s not a dang choice, and if she knows anything about gold & silver, she surely knows that!
And please, don’t give me any of that “4-D Checkers” stuff about her, Trump, and some elaborate plan that I’m just too dumb to understand.
As I said on-air on July 3rd, of 2019, if Trump was going to do something “good for gold”, then he would have done it already.
Furthermore, if you need absolute proof that Trump will never do anything that’s good for gold, start here:
But I digress.
Watch Judy Shelton’s confirmation hearings, and you will watch and hear Judy say all kinds of things that are inconsistent with advocating for Gold & Silver.
Still, this outcome was easily predicted.
In fact, on July 5, 2019, I wrote this (bold added for emphasis):
Judy Shelton will not get appointed.
Of course she didn’t.
Gold & silver got “sold” on the news:
Funny.
Why?
Because as the mainstream financial press spins it, Judy Shelton is some type of monetary hawk, so by not getting appointed to the Fed, that means the Fed is NOT at risk at losing any of it’s dovishness.
In other words, blocking Judy Shelton’s nomination is bullish for gold, not bearish for gold.
Needless to say, if you want to end the corruption, from the rigged elections to the rigged markets, then there is only one thing that can be done: Starve the Beast.