There’s nothing innately wrong with the “newcomers.” But throughout 300,000 of years of human history, there’s always been a genetically programmed fear of outsiders.
The average gold price in Q2 this year was $2,337.98, up from $1,977.84 a year ago—an increase of $360.14, or 18.2%. This marks a notable 12-month gain for a relatively stable metal.
We don’t know yet by how much; but early news on the report puts the number around 600,000 or about 50,000 more new jobs reported each month under Bidenomics than we really had.
The problem with the Harris plan – besides basic economics – is that it doesn’t address the cause of price inflation. It has nothing to do with “greedy corporations.”
Politicians favor an “easy money” policy because it creates an (illusionary) economic boom. The Fed-created boom helps the politicians remain in office.
The U.S. Mint occasionally makes mistakes, and there's a laugh in the possibility that the mint might let a trillion-dollar coin escape into public circulation.
