The Russia-Ukraine war has reached a dynamic and unpredictable moment. This is not like the ongoing US-Iran war in the Middle East, which is becoming a farce.
Maharrey compared the Fed’s predicament to missing an exit on a highway. The longer a driver is forced to keep going in the wrong direction, the more difficult and frustrating the eventual turnaround becomes.
Given that nobody is willing to do what it takes to “deal with the debt situation,” gold prices will ostensibly go up forever, or until the fiat system finally implodes.
For now, the metals are giving back a portion of their impressive August gains – but the larger monetary, fiscal, and geopolitical forces that drove that rally haven’t gone away...
As it turns out, you need to win double the money to buy the same stuff that $1 million bought in August 1999, when Who Wants to Be a Millionaire debuted.
Krauth argued that strong investment demand, industrial consumption, depleted exchange inventories, and emerging technologies continue to support higher silver prices.
