People don't like dark subjects...and I mean not just morons, even smart people recoil at darkness around them...but at least the latter are not as easily sucked into the mindless drivel dominating socialist media platforms filled with mouth-breathing morons relishing in the beat-down the state indoctrinates them to despise and relish in their suffering...little knowing they are pawns in a dying system...
OK, maybe reading dark truths is jading me more than usual...
Anyway, economics, markets, fiscal policy...yes, yes...well not devoid of kabuki there, are they?
And the casinos are open, let the fun begin...
https://www.zerohedge.com/markets/futures-drop-nvidia-extends-slide-japan-stocks-tumble-bitcoin-hits-72000Expect to see some profit shaving on NVDA designed to scare the nervous into dumping so big fish can swoop in and feed. See, the big fish make money regardless of the direction of the markets and its produce, though a too downward period eventually impedes their opportunity, leading to the quick pump & dump strategy...we're not at the latter yet...and a whole summer of fun including intense Fed-watching and a fall filled with political hooliganism...
And pivoting to gold, we see an entirely rational rise in price...
https://www.zerohedge.com/markets/gold-spurred-fed-pricing-still-below-inflation-adjusted-peakBanks have been buying, a clear sign that inflation remains a concern as does having something real if stuff goes sideways (see harseshat fiscal situation and adding $1T to the national debt every 100 days!)...and still, the Feds refuse to say how much it actually has on-hand...with another handoff of German deposits returned to Germany in recent months.
What remains a surprise to me is the lagging nature of silver compared to gold, right now we are at a ratio of almost 89:1...levels not seen since the 1940's... It is obvious more demand has kicked in for gold, but it isn't as if demand for silver is nonexistent...it is still used extensively in jewelry, electronics in computers, cell phones and a host of other electronic devices like batteries and fuel cells, solar panels, RFIDs, etc...and naturally collectors comprise the balance of demand. So this increasing ratio indicates there is still some manipulation hiding, and its shifted largely to non-US entities, and I say that in wink-wink mode as it is akin to clean US IC hands given the Five Eyes relationship (FYI - see the nefarious "Trump Dossier"!).