Baffling Before I ramble, I just got off the phone with Stockzorg (Doug) who remains hospitalized. He thanks everyone for their good wishes and prayers. He is muddling through but faces serious challenges.
I too am baffled by the fact that what has for centuries been an inflation hedge, gold and silver, are outperformed by almost every imagineable tangible product, meat, eggs, fish; crypto!!; copper; even toilet paper. I'd say "buy eggs" instead of gold but obviously ...
I agree with JumperDidWin that nothing seems to make sense.
As far as jobs increasing, let's face it, that's from a very low base because so many Americans are living off the government and not working. A relative of mine CAN'T hire waiters/waitresses in Tampa, FL for $17 an hour (plus tips) And that issue is not exclusive to restaurants; it's true in many fields; I assume Canada faces the same issues. We have a clueless President who shuts down oil production and begs OPEC to increase their output. He's even managed to hurt Canada by shutting down the XL Pipeline, which would have added about 800,000 bbl a day to our supply. #Genius!
I guess patience is the watchword; the gold and silver prices won't be cheap forever and the longer it takes for them to move, the greater the increase we can expect (at least that's what I tell myself.)
Mark
Mark