Prior to yesterday’s receipt of the Commission’s response, I would have had to count the agency as on the side of the 4 big shorts, but now, I’m not so sure.
Unfortunately the world’s ecological balance has not been right for a very long time. As a society, we are consuming resources far more quickly than we are replacing them, which is the very definition of unsustainable.
The difference between physical gold investing and ETF investing was stark in the first quarter 2021 according to the World Gold Council’s Gold Demand Trends data released last week.
The bullion banks work off of flow and not stock. Therefore, COMEX gold is subject to the same pressures and squeeze potential as COMEX silver.
Maybe next time, the hashtag should be #GoldSqueeze?
The more likely scenario, unfortunately, is money-printing “out the wazoo” bearing ridiculously high deficits and debt, a currency war with China, and finally, hyperinflation leading to the destruction of the US dollar.
The US has wasted $2.26 trillion dollars on a generation of war on Afghanistan. Much of this money has been spent, according to the US government’s own Special Inspector General for Afghanistan Reconstruction, on useless..
By signing sound money legislation today, Arkansas Gov. Asa Hutchinson has officially ended sales taxation on gold, silver, platinum, and palladium bullion and coins.
Now, the US dynamic is significantly different from Japan’s. It's significantly different from Europe’s. But nonetheless, that excess debt is going to slow our economic growth.
