Loading ...What never ceases to amaze me is how we don’t just go down with the SM in a correction, we outperform it to the downside. Not gold as much but silver and the shares always do worse, at least at the beginning.
old-timer posted an interesting video about the UK situation and how they hold so many US bonds. I’m not sure I understood the full gist, but it sounded like the UK needs the Fed to really cut interest rates dramatically so the UK can sell our treasuries for big profits to help bail themselves out of economic trouble. I think the Fed does a 1/2 point and maybe another. But you’re right, and they still have the firepower to crush us at will. Silver especially.