GREY:NEVDQ - Post by User
Comment by
bogfiton Apr 06, 2022 7:48pm
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Post# 34582509
RE:NCU Outperformed Today
RE:NCU Outperformed TodayOutperformed what? LOL
I wish I could understand anything in this dysfunctional economic environment. Of course, politics and foreign affairs are a major contributing factor to the chaos, but unfortunately the world has yet to deal with the Pandemic! As much as we would like to pretend it’s over and gone, reading about China’s shutdown should dispel any notion of that.
All this has placed tremendous strain upon our financial systems and has weakened the stability of monetary relationships. As a contrarian, of course, I see “inflation” as deflation of the USD concurrent with other fiat currencies, however the USD at a 2-year high is not a reflection of the American economy vs, its debt, but rather the USD’s use in rotating from foreign assets into safer positions. What this does is disguise the inflationary pressures on commodities that will substantially increase prices later this year.
I called $5 copper 5 years ago. I still may be right.
b.