Absent a very dire turn of events, it is hard to envision gold and silver returning as a circulating currency. People won’t part with their metal unless they are out of choices.
Maybe it's a 30% chance of another great banking crisis, which ends up being called a Great Recession; maybe it's going to be called an Even Greater Recession.
My hope is that in thinking the unthinkable now, as we face our own Fourth Turning, we can better prepare ourselves, our families, friends, and communities, to deal with it.
"We were only off by $200-billion in our last upward revision of the budget.” The Congressional Budget Office’s new estimate of the Biden shortfalls climbs again.
Grandich says if the recent bottom support of gold ($1900) and silver ($22) holds, upside is coming. We've managed to bounce off there before and will again.
What bodes ill for China helps save America, but not enough to keep the US crash from coming. The yuan, which BRICS hoped to be foundational, is facing serious troubles.
