Loading ...Another thought here. The Fed has been keeping rates low to support the stock market. Rates really can’t go much lower. I assume if there were never any people that have a habit of shorting, (head winds) prices would probably be higher.
So, if this latest news event fiasco lowers or inhibits the population of short players, (less head wind) it should help the Fed’s support of the stock market when they can’t lower rates anymore.
Plus they keep saying they want inflation. So the Bozo Bankers and others that constantly like to short the precious metals, if they start backing off too and covering shorts, and PMs go thru the roof, that should help the public have some inflationary phycology. The Fed keeps saying they want some inflation.
By the way. I went to Gun Broker dot com to check Ammo prices. Go look, its crazy. 25-06, 30-06, anywhere from $2/rd to $4/rd depending on the maker and the quantity being bought. .223 $1 to $2 a round, Expensive Federal Ammo I saw$2.90/rd for .223. Pretty much everything is over a $1, even 9mm.