Loading ...Weird action. Looks like rates are heading back up, now 4.61%, and apparently that’s good for gold. For the last 25 years, rising rates have been bad for gold and good for the dollar. Now it’s completely opposite.
Silver still stinks but gold looks like it could turn. I think the SM is in big trouble right now. The globalists have regrouped and are going to tear down whatever they can. The good news is that there’s no inflation, there’s a coming deflation IMHO. Housing here in Florida is decimated, tons for sale, nothing moving. So, if you have gold or Bitcoin, there might be some good assets to pick up on the cheap in the next year.
Course all this supposes a country/world that stays somewhat normal, and we don’t devolve into civil or world war. Depending on how far the globalists are willing to go, civil war is a real possibility in the US and Europe. Just a hunch.