RE:RE:RE:Inflation driving gold stocks and co's down
Mainstream investors believe the current narrative that the Fed is winning or has even won the fight with inflation.
Mainstream strongly believes only what they want to believe and hear. They haven't begun to buy gold yet.
Shorts and flippers go on playing the ups and downs that have currently become ingrained in the movement of the POG that remains at the mercy of false narrative Govt.and Fed-speak.
And to mention, few dedicated players to sustain its momentum as of yet but in itself is a relevant factor.
To shed the light of truth on an intentionally shrouded reality purposely kept in the dark, the Fed has lost the fight with inflation and is and will do whatever they can to keep this reality of fate from the mainstream but for a little while longer.
Right up until the dam bursts that is. Inflation has turmed around and is rising again.
The producer price index (PPI) is rising steadily and is expected to keep on rising preceding the time lag in the consumer price index (CPI) monitoring it.
The attempt to deal with inflation for the long haul was mostly a Govt. and Fed ruse draining US strategic oil reserves, lowering and keeping prices down for a time.
Now that US oil reserves are nearly run out, the re- ascent of inflation has begun and will keep rising until that dam bursts wide open.
The economy cannot endure more rate hikes. and something is going to give.
Dropping interest rates and printing and expanding the money supply to infinity is the Feds one solution/nonsolution. It won't help the economy any as inflation from new money creation will only accelerate all that much faster compounding the already much too high real and continuously rising costs of everything.
Maintaining interest rates with further increases, will soon enough bring on a major banking and all out economic crises.
The government will be forced to intervene with the Fed monetizing unsustainable mountains more of massive inflationary debt.
More debt that gets piled on to the existing mounting national debt with ever more mounting interest payments. And no way to pay those without printing more money to pay the interest - in turn adding to more inflation to come.
In the midst of this turmoil to unfold, the dollar will begin its long descent and the massive inflation built up in foreign secuities that will be sold off in waves as a result, will wash up on our shores.
That sell-off of American dollars to come will only compound further an already compounding inflation crises. And an unparalleled economic disaster never before seen in America is going to unfold with no former solution to counter any aspect of the crises ahead with any viable workable fix that once worked .
This will be a vastly untenable crises where you will have wished you protected your declining wealth and swiftly devaluing dollars.
Smart investors - we are few and far between at this stage - witnessing the bizarre inability blanketing the mainstream to grasp reality.
We are the first in the door well ahead of the masses to be buying at rock bottom lows sitting near the outset of a coming gold buying explosion.
All this when the dam bursts, and then one gold buying explosion after another.
None of this is speculation, but a reality about set to unfold in succession. .