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Hyperinflation Will Collapse Biden Administration – Clif High

Hyperinflation Will Collapse Biden Administration – Clif High

https://intellectualfroglegs.com

Intellectual Froglegs  “Cocktails with Communists”

https://finance.yahoo.com/news/kinross-completes-definitive-agreement-government-114900048.html

https://finance.yahoo.com/news/gold-reports-second-quarter-operational-210000207.html

Just like WW II was a continuation of WW I. So the Fed will probably have to stimulate again later on. What a huge disruption to an already fundamentally flawed and failing global economy.

It almost feels like they did it on purpose. Shake everything up with “electric shock treatment” (before it all crashes naturally) and things might get better. And somethings are better, like realization that we can’t depend on China for important supplies.

If they did accidently on purpose let it happen, Covid War I financial crash, The Fed and their 75 years of managing the money, can’t get blamed for the upheaval and the needed extra money creation.

A slice of Pizza was .15 cents, times 20? Is $3.00 today. A Police mans salary in my area was $10,000 per year. Times 20? Is $200,000 today. That’s the true inflation rate. I guess you would need to be good with Math or Algebra to get the true overall yearly average inflation rate.  As a shear guess I’d say 7%- 8% per year.

We have to be patient with this lethargy with metals and mining stocks lately. You know, the sell in May thing? Leading to the Summer rally?

Seems like for the last month we’ve had nice starts and then bleed out the rest of the day.

It’s driving me nuts, which of course is the intention.

Have fun with the rest of your day.

Sorry to be so negative. I’m just tired of the shares and their performance especially with the metals doing OK.

At least we’re not falling like a stone anymore. We need a change in psychology or at least a bit less of the cosh.

I’m off to do something constructive. bbl

Seems like for the last month we’ve had nice starts and then bleed out the rest of the day.

Silver shares look like garbage today – pretty disappointing. to say the least.

Sibanye may wind down gold mines in South Africa’s fading sector

Sibanye Stillwater may wind down its three South African gold mines in the next decade or so as it becomes harder to exploit aging assets in an industry that was once the world’s largest.

The company is among the few remaining South African gold producers squeezing profits from mines that are among the deepest in the world and are becoming more costly to run. Sibanye, which also mines platinum-group metals in southern Africa and North America, may look at gold assets outside South Africa as it winds down the three sites there.

Sibanye may wind down gold mines in South Africa’s fading sector

First Mining Confirms Final Ratios for Distribution of Treasury Metals Shares & Warrants

https://finance.yahoo.com/news/first-mining-confirms-final-ratios-210000819.html

Silver One Intercepts 1,070 g/t Silver and 1.48 g/t Gold Over 4.57 Meters Within 26 Meters of 249 g/t Silver and 0.40 g/t Gold

https://finance.yahoo.com/news/silver-one-intercepts-1-070-041500601.html

Cabral Gold Adds Two Additional Drill Rigs and Reports Results of Follow-up Drilling at Morro da Lua target, Cuiú Cuiú District, Brazil

https://finance.yahoo.com/news/cabral-gold-adds-two-additional-103000929.html

Vizsla’s New EM Discovery Returns 4,431 g/t Silver Equivalent Over 0.30 Metres Within 2.5 Metres of 797 g/t Silver Equivalent in Proof-of-Concept Drilling

https://finance.yahoo.com/news/vizslas-em-discovery-returns-4-103000962.html

Moneta Continues to Extend Gold Mineralization on the Westaway Deposit with up to 8.00 m @ 5.34 g/t Gold and 19.30 m @ 3.94 g/t Gold

https://finance.yahoo.com/news/moneta-continues-extend-gold-mineralization-110000133.html

Galiano Gold Reports Preliminary Q2 2021 Operating Results for the Asanko Gold Mine

https://finance.yahoo.com/news/galiano-gold-reports-preliminary-q2-110000044.html

C O R R E C T I O N — Karora Resources Inc.

https://finance.yahoo.com/news/karora-announces-record-gold-sales-121100535.html

Province Approves Early Works Permit for Artemis Gold’s Blackwater Project

https://finance.yahoo.com/news/province-approves-early-works-permit-120000738.html

Gold miner Newmont to advance Ahafo North Project in Ghana

https://finance.yahoo.com/news/gold-miner-newmont-advance-ahafo-124858346.html

Maybe we have a chance today?

https://youtu.be/YXJ3_KTS18w