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Re: Russia Buying Silver!!!
How did I disparage silver? By stating that it had woefully underperformed other assets? That's just the dang truth bro. The dang truth. Now is it finally playing catch-up? Maybe. Won't that be a wonderful thing? An end to a decade plus of misery and unkept promises and false insurance. Yay...let's be happy. But we don't… -
Re: Russia Buying Silver!!!
If all the wheat disappeared tomorrow A couple hundred million people who are very dependent on one crop in third world countries would begin starving. Many but not most could be saved. Food prices would soar. There would be more hunger everywhere but agriculture would adjust after a few years. If silver disappeared it… -
Re: Russia Buying Silver!!!
I find it interesting that the FED is tripping all over themselves to lower interest rates and to talk about lower rates even as inflation numbers remain stubbornly high. This is the same thing they did back in '79; lower rates too soon. I suspect they see bank failures unless rates come down and they'd rather have…
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