So, even if all the new jobs were filled right away AND the number of jobs remaining open dropped by 529,000, that still leaves 3.76 million people who quit and did not take a job.
Inflation “stuck” and currently unrelenting at multi-decade highs. Imminent (obvious) Fed tapering commencement, but now, with actual balance-sheet runoff (QT) potential..
Without question, investing in the precious metals sector has been a pain in the ass for nearly the entire 20 years I’ve been involved. The official intervention, which has become shamelessly blatant..
Their record of price appreciation over the past two decades alone suggests that metals have the potential to bounce back and outperform in the years ahead – especially if stagflation..
Gold exploration budgets have increased 43% year-over-year to a total of $6.2 billion in 2021, outpacing the 35% increase in the global nonferrous exploration budget.
“The market is now ready for the next leg of the gold bull market. The first leg was the one that took us up 12 consecutive years in a row regardless of whether there were inflation fears, deflation fears..
We had 40 years of low inflation. But that is coming to an end.
The new economic system has higher inflation built into it.
The time of gold and silver is coming.
