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I think Buygold may have a good point at 18:51, namely that the ‘nuke’ and ‘war. and ‘environmental’ hype is meant in part to simply keep our attention diverted away from the economic and debt mess. Cheers, all.
Comment:
Diversionary tactics I agree 100% on that. They’ve been doing that for decades. As for sluggish weak Silver and Gold? I’m thinking, outside the USA, there my be a long term growing lack of discretionary income. (income remaining after deduction of taxes, other mandatory charges, and expenditure on necessary items)
We all know, prior to the meltdown in 2008, Americans were spending money hand over fist. Higher and higher credit limits. Huge home equity loans on expensive real estate. No money down for any and all on home purchases.
That real estate boom caused tons of money being spent in retail stores, Home Depot, Lows, Macys etc etc. And we all know, the more Money Americans spend, ends up in foreign countries that export to us. So I’m thinking maybe all the consumers in the rest of the world are following the Americans down.
Less discretionary income globally may have something to do with less spending for Silver and Gold. The newsletter I get often mentions deflation. Back in the 1970s they were blaming inflation on wages that were too high. Maybe they were right. Because these days they are trying to inflate and keep complaining about not enough “wage inflation”.
The idiots running this fake man made artificial global economy, will have to mandate by law, higher wages. The same way they mandated a 70% devaluation on the US Dollar in 1934 when they raised Gold to $34 from $20?