Reminds me when Gasoline was $4.40 a gallon gasoline and my heating oil was up there too. It was getting so weird it was getting funny before they finally dropped. Silver seems hopeless for a long time. At least Gold is still above $1500, for now.
The falling interest rates and falling metals are signaling de-flation. But, slowing deliveries of imported products should cause shortages and promote higher costs or inflation. Depending how you define inflation. (increase in money supply?) But it sounds like the Fed has been increasing money supply.
So, if they can’t bring on inflation with increasing money supply, there must be money leaking OUT as fast as they PUMP it in. This is really getting funny now. LOL. So they are stepping on the gas, pedal to the metal, and the Truck is slowing down anyway?? 🙂
Back in the 1970s the liars kept saying high wages were causing higher prices. So why don’t they “lie” again and say “wages too low, causing lower commodity prices and deflation”??
@Powers That Be.
Register at the tent and ask me for advice. You guys are in a fog and need help.