Thanks for pointing out the Silicon Valley bubble- San Francisco home prices and rent are now insane and people there think it is sustainable.
As you know I vote for irrelevancy of Comex! Physical demand will out pace the paper Comex market as you point out as price discovery and physical trading and delivery happens increasingly outside of Comex.
213K fictional birth death jobs! The Bureau of Lying Statistics is providing the cover story for the “recovery”. All other economic measures are down but someone there is a job surge..
Dollar took a beating today. The mythical rate hike WILL happen because the Fed knows it needs to combat de-dollarization initiative and to give it some room to cut rates when everything collapses again.
If the outcome was not going to be so ugly it would almost seem funny.
The level of desperation in trying to make gold and silver look less attractive than fiat currency is down right beyond even trying to hide it.
Lets think about that for a minute.
Out of one side of their mouths they say GOLD is barbaric and not worthy of holding.
From the other side of their mouths they give direction to others to in plain view manipulate and hold the paper gold price down….at all costs.
Is their level of arrogance so high that they can actually fool themselves to believe that everyone is buying into this charade?
My god we are being lead by a bunch of adults with juvenile mindsets.
The only answer to our problems is to deal with them in an honest and meaningful manner.
Stop kicking the can..Just deal with it.
You will have to at some point.
No wonder I refuse to vote.
There is nobody that deserves my vote.
Andy
Thanks for pointing out the Silicon Valley bubble- San Francisco home prices and rent are now insane and people there think it is sustainable.
As you know I vote for irrelevancy of Comex! Physical demand will out pace the paper Comex market as you point out as price discovery and physical trading and delivery happens increasingly outside of Comex.
213K fictional birth death jobs! The Bureau of Lying Statistics is providing the cover story for the “recovery”. All other economic measures are down but someone there is a job surge..
Dollar took a beating today. The mythical rate hike WILL happen because the Fed knows it needs to combat de-dollarization initiative and to give it some room to cut rates when everything collapses again.