Contrary to calls for its demise, the dollar has been very strong. Whether that strength continues, remains to be seen. At this point in time, the dollar’s demise is on hold.
Remember what I said: Inflation is highly individualized. Everyone feels it to different degrees. But everyone in those groups gets the same COLA percentage. This year’s increase was 8.7%, starting in January.
The bottom line is speculators’ gold-futures trading that dominates gold price action has been stealthed in recent weeks. A major futures clearing firm suffered a ransomware cyberattack, taking down automated data systems. That missing is increasingly distorting gold prices.
“The soul of money is trust. To operate effectively, businesses must maintain the trust of investors. And central banks must maintain the trust of the public."
That’s right. Inflation is going to rise in the early months of this year, as predicted here. The battle has not been won, and the market was delusional to jump so easily to the belief that it was.
We reveal how the Fed's demand destruction policy is monetary quackery, like the Medieval practice of bloodletting. The more blood they took, the worse the patients got.
A lawmaker in Mississippi introduced legislation yesterday that would prompt the state to invest a small portion of state funds in gold and silver, as well as eliminate sales and income tax liabilities on the monetary metals.
The military will always find the most expensive way to accomplish anything. You know, like the plastic control knob that costs $145 because it’s going into a fighter jet. Maybe they used their $400,000-each sidewinder..
Oh, but the rigorous riggery never ends
With that said and with the notes above about how the Bureau of Lying Statistics’ seasonal adjustments in recent months were predictably too..
