What have we gotten for the first $100 billion to Ukraine? A victory for “freedom” like we were promised? No. We got rampaging inflation, decreasing standard of living, and demands for another $100 billion!
The higher prices for consumer goods and services are the result of the dollar’s loss of purchasing power and are the effects of the inflation which the Fed creates by its continual expansion of the money (credit) supply.
Founder of MintID, Maita expressed optimism about silver's potential to reach $30 per ounce and emphasized the importance of building a higher base price to sustain long-term growth.
On net, global central bank gold reserves increased by 19 tons in February with some selling pushing down that total. It was the ninth straight month of net central bank gold buying.
By 2025, a massive shortfall will emerge for copper, which is now one of the world’s most critical metal due to its essential role in the green economy.
The Federal Reserve and U.S. Treasury would not have been letting the gold and silver prices rise so sharply over the last few weeks if they still had control over the markets.
Faber says, "Until 1971, the gold price was at $35 an ounce now it's over 2,300...gold has proven what it is supposed to be: namely a store of value, which is true money. Paper money is not true money, but gold is true money."
The Fed failed so severely that they experienced the first loss in their existence and then panned it off to the US government, as is the option built into their charter for a time such as this.
