Defcon !
Sorry for my laxity in posting this past week, but the game is in such a complacency position I just didn’t think it needed my CONfirmation. I do think a little reminder shock headline could get you to wake up enough to meander down to your local coin dealer for a shopping session. Locally the “great economy” is inducing some significant selling of physical metals by retail holders which to me indicates another “signal” the bottom in prices is near.
Sadly, most of this selling is out of a “need” for cash to survive. A lot of suffering is becoming more evident in the real economy here as a “strapped” CONsumer strives to meet their debt commitment in a so-called “hot economy”. I guess that for much of the economy, the uberfication of the “working man” just isn’t providing enough “pop” to generate enough inflation for the Fed.
So here we are lol. We have created maximum stupidity. The Fed is trying to drive up prices in energy and food while the bulk of workers are locked into dead end jobs with no hope of wage increases. Seriously! Its the definition of insanity. Oh, I know, lets combat high prices in essentials with raising artificially the minimum wage. LOL again you slaughter the entry level job market.
There really isn’t a reason to beat this dead horse so I’ll close out with this summary. We are entering the final phase. They will eventually have to print overtly. They will have to weaken the dollar. They are running out of time now. They will create massive debt as the momentum collapses in their “inflation” creation. This year will see RATE CUTS and Dollar decline. DEFCON 1 is here.
Source: http://kliguy38depression2news.blogspot.com/2019/05/defcon.html
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yeah sure …they were saying the same thing over 20 years ago…