Loading ...Dead right re hyperinflation, …Their only only game for decades has been printing in one form or another and game the mkts to create the mirage all is well.
Once aftrer throwing money at a crisis, when recovery came they could raise rates/tighten to drain the money out…now they have allowed debts to reavch such insane levels they cannot raise rates, so the money stays in the system…but if the economy stays in the mire, the SM will niot earn the dividends to justify buying stocks…..so with treasuries on the floor rates wise, PM’s and especially the miners are one place u can earn dividends.
and prices are still rock bottom….the scum may yet be overwhelmed.