Loading ...Schiff is right but maybe has over looked the fact that these same average people who can’t afford to buy food or cutting back on healthy food, how are they going to buy gold?
Maybe big players will when they feel the need to but not the average citizen and if they did have it would they need to sell it to pay their bills.
I remember between before 2000 up to 2008 I saw a lot of women wearing multi gold rings including young women with low wage jobs. After 2008 I barley see women wearing gold rings or other jewelry even wedding rings. Many had to sell them after 08 crash,
Last year I started unloading quite a bit of my physical on the kids. Told my son who I handed a bag of silver for his wife and son and for him gold you’ll need this some day and don’t want to wait for someone else to distribute it if something happens to me.He was shocked and didn’t know I had it and immediately recognized gold coins were valuable but not so much the silver because he doesn’t watch it but his wife does. He was stressing out where he’s going to stash it. But would he buy it even if he could afford it when as typical as it goes the more money you make the more tangibles you buy and have more debt when younger and accumulating things.
Like Schiff said, someone making 150k a year is having to use his credit card, He’s not doing that but everything has went up in prices, So then he’s trying to buy me stuff lol but told him I don’t need anything and he knows that. Just assured him I’m not planning on dying anytime soon but you never know and wouldn’t worry him with it anyways even if I was. That if something bad happens in the economy it could happen fast.
Now besides maybe if the market might crash but how many are in the market aside from those who have 401k or retirement. Many are afraid to lose money in the market and would rather have cash and tangibles and enjoy life than waiting for the end of the world or why they still can. I see they’re also trying to help each other in local business by by buying local or supporting their favorite hangouts just not as often now, Especially after 2008 crash. Then the working poor or just poor.
The only thing that will effect them is if they lose their jobs like 08 or Covid and the Gov is good making people lose their jobs because one their a bunch of posers and it doesn’t affect them.
Amazon he mentioned employs a lot of people and breaking them up will only cause a lot of jobs as well as all the people that need them or even depend on them because their home bound. This is more of their idiocy that says the gov isn’t even a necessary evil anymore but just evil. The insult is they’re a stupid evil.
That we need a new non party system that can’t take money from anyone including lobbyist and has financial and constitutional oversight and accountability.
If they want to go after someone go after Black Rock and anyone else like them driving up prices. Amazon isn’t driving up prices and if it’s Walmart doing it, their delivery is terrible. They don’t tell you what can be delivered and what can’t if you order from them and split it up then don’t answer the phones if you pick curb side pick up either because they have a skeleton crew than has no time to answer the phones and Target doesn’t have cheaper prices as far as prices than Amazon and went woke. It’s likely one of them doing it to Amazon.