Loading ...Right on that. And those $1 Silver coins are now about $40. Times 40. I’m being nice using times 20 all the time. Even spot Silver is always around times 20, but you can’t buy any Silver at that price either. I believe they need a REAL currency FIRST, before it can be debased and turned into a fiat currency. Its impossible without good one first. They will need to create a new GOOD one again FIRST. Its easy to ruin a good thing, but impossible to make a badly damaged thing good. They will have to start over after the distorted system, bondo bucket fix or repair daily economy fails. They probably have a new “car” ready after this old one goes dies and to the junk yard.
New high on the 10 year bond 4.2%. The $64 question is how high will they go? And the FED may have lost control if there was too much selling, (after they allegedly stopped buying) and sellers around the world overriding their buying. They may be lying and acting like its THEM in control raising the rates on purpose. I assume very few were holding Bonds to maturity, because the Bond prices themselves were rising. Who wants to hold bonds to maturity if the principal value is falling? With rates rising.
https://finance.yahoo.com/quote/%5ETNX?p=^TNX&.tsrc=fin-srch
BTW I can’t find a Heating Oil/Diesel ETF anymore. There used to be a UHN. This is very strange. Unless they want less speculation on that. Speculation betting, opinions, emotion, seems to be the price setter these days until price gets too distorted and rebounds the other way.