Loading ...“and gold is under $1750? Silver is under $17.50?? ”
Comment: I’m looking at it like the experiment (from real money 1913 to fake money afterward) has resulted in too many too often various instability problems, and angry people around the world turning to local populism. Globalization failing.
Re your “Our turn now” may take a decade, and it may also take re-educating two generations of people conditioned to believe that fiat currencies have value. If pm’s ever really get going it will be the result of wealthy people and central banks that understand the monetary system.
Comment: We might be witnessing wealthy people and central banks, that understand the monetary system, buying Gold on the dips, and maybe just buying at the market, because they know the old experiment has run its course.
To me? I’ve been saying all along, they are in “panic mode” pumping jaw boning the economy since Trump got elected. They had their “everything bubble” going, it was getting toppy, and then this big suspicious, “nobody’s fault” “news event” popped up, and crashed the economy ahead of time. “Get rid it, scrap it, it ain’t working, get it over with so we can restart a new one” and nobody gets the blame.
So now, Re trillions being created and given away like circulars in our mail boxes, its looking to me like they are thinking, “Hell, we have nothing to lose, and why not take advantage of a fiat Dollar while it’s still working, before the natural coming close end of the experiment.
They are obviously fighting against a deflation, or why would they give money away? Gold does not need inflation to succeed. I’m glad I don’t have their job.