Anyone who says inflation isn’t a problem hasn’t tried shopping for a new home recently. Housing costs are skyrocketing.
Sadly, it appears that the fiat dollar is America’s most popular mask. Instead of calmly measuring the net liquidation value of their stock market holdings in real money ounces and grams, US citizens race to measure it in fiat, often numerous times a day, in what is really an incredibly macabre, “ode to government”.
Presumably this anticipation encompassed the trading rooms of the Federal Reserve Bank of New York, the Bank for International Settlements, and the Bank of England, the executors of gold price suppression policy.
A global minimum corporate tax will also set a precedent for imposition of other global minimum taxes on individuals. This scheme may even advance the old Keynesian dream of a global currency.
William Watts with MarketWatch sees the “biggest Inflation scare in 40 years” on its way.
Close to 300 million ounces came into the silver ETFs, starting around April 1 into the summer. In trying to explain where the physical silver was coming from at that time..
