BM: Well, what it is, we have a giant crisis, and there’s no way out. Anybody who passed Economics 101 recognizes that the debt-based system of the West is failing, and this is the first domino to fall.
Reversing the trend will require a significant industry focus on finding new deposits or developing methods to extract difficult-to-reach ore from the ground in a cost-effective manner.
From runaway debt and stressed bond markets to gold, silver, and digital assets, market analyst Greg Weldon delivered a no-nonsense warning: the clock is ticking.
Supporters of the “golden share” have forgotten (or never learned) the lessons from the failures of allowing politicians and bureaucrats to run private businesses.
In recent days, thieves cleaned out a Simi Valley jewelry store, making off with millions of dollars in uninsured precious metals, jewelry, and cash in a brazen burglary.
If the dollar remains below 100, it would strongly indicate that further weakness lies ahead—an important bullish development for gold, silver, and the broader commodities complex.
