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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST

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To: TobagoJack who wrote (176944)8/23/2021 4:58:45 AM
From: sense  Read Replies (1) of 217688
 
Whatever the truth of the real impact of the virus in terms of health...

it is clearly having impacts in slowing the economy...

Oil demand is down... production up a bit... has the price down from over $70 now at $63...

And many ugly charts being painted now by the renewed virus driven slow down in the economy...

Energy one of those... which will throttle back inflation perceptions a little bit... while doing nothing to actually reduce the inflationary impacts of the policies that now dominate... which have in fact become far more inflationary, recently... while the market sleeps walks past and ignores MAJOR issues... as real money printing (not fake money printing as QE) begins.... and not only accelerates but dramatically alters the focus of monetary policy and ensures it escapes containment... No one seems to have noticed, yet ?

If you missed the bottom of the gold market in April-May... you're getting a second chance to buy some of the best (IMO) of the gold shares near their lows...

The events of the last few months have proven very useful in "testing" the miners... to expose risks and weaknesses... both in the shares as well as in the markets approach to addressing resource shortages that exist already... and ensure "can't get there from here" is the reality that obstructs the optimistic scenario for global economic recovery WHEN the virus quits throttling the economy... or WHEN they quit doing so in the name of the virus...
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