Loading ...Other than some technical bounces which are few and far between. There’s really no interest in pm’s.
The shares are systematically getting destroyed, miners are one of the few assets whose underlying commodity didn’t rise with inflation. I don’t see how this ends. Shares look cheap but keep getting cheaper. It’s going to take awhile to rebuild the devastation in the silver market.
No “V” rally that I can see.
Does anyone think there’s a chance of a deflationary depression is? Prices are falling in alot of commodities, airlines ticket prices dropped over 23% month over month.
Any growth numbers are skewed towards the upside because of higher prices, not demand.
OTOH, we may not have the country we knew 6 months from now, especially if they do something really stupid like arresting Trump.