I’ve never seen such an orderly melt up in precious metals, no where near a panic yet. Silver is just playing catch up after all the manipulation to hold it down.
Article says the employment numbers are good, we are all saved and on the way to easy street now.....Not.
Getting kinda expensive at the grocery store lately as I pass the local gas station and see the rising prices there.
Bingo. The melt up in metals is being driven by the melt down in the dollar. Hussein wants to be Mugabe 2 which is what I said back in 2008.
The media is in full out lie mode. CNBC is pathetic as usual based on the bashing on Zero Hedge as I dumped TV when Mugabe 2 took office.
Someone here in FR said tonight that Prince Al Waleed’s Fox is slobbering over hussein and bashing birthers. I wonder if the Saudi prince is whispering likes in Megan Kelly’s ear piece. ALL TV is garbage and it all supports Mugabe 2 now. A lot of people here on FR are in denial about how bad things may get.
I feel sorry for older folks on fixed incomes. It is going to get worse. Grocery prices have just started their run.
There is no recovery and if there was - energy prices would kill it. Coal stocks had a big day today.