Post by
tarsands on Sep 23, 2021 12:46pm
Randy Smallwood"s take on PD etc.
https://www.kitco.com/news/2021-09-22/Silver-gold-palladium-or-Bitcoin-This-is-Randy-Smallwood-s-top-pick.html
Around 6:15 into the video. Outlook he says is STRONG DEMAND for Platinum & Palladium for the next 20 - 30 years time. He says demand may stay static in other words I think he is saying that the prices for both may end up over the longer time horizon 20 - 30 years may average around what prices are now for the PD & Platinum.
And then he starts in on Real Inflation as opposed too the FED*s take on 5.3% and its transitory.
Well even we here us little numbskulls, well I mean the general population, us that just try too hit some lucky breaks in life. The Fed is telling us its 5.3%?????
When we know its more like a 25% - 30% jump in some foods.
I went too Save On Foods just the other day , and used too pay $13 (1 yr ago) for a barbecued chicken deal they have on , but yesterday prices were $16 for the exact old deal.
$3 more ???? Even 1 yr ago pizza medium ham and pineapple has gone up about 25% at Pizza Hut.
If this is all transitory then are the prices going back down after?
Sheez. Transitory what a salesman they think they are. And that us little people out on Main St are. dumber then dirt.
Comment by
Rainyday on Sep 23, 2021 12:53pm
Two years ago it was hard to find much on the Internet about "stagflation" and what was there dismissed it as just being a problem from the 70's. Now it is a very real concern of many economists and policy makers.
Comment by
tarsands on Sep 23, 2021 1:12pm
https://www.kitco.com/news/video/show/Denver-Gold-Forum-2021/3620/2021-09-23/Newmont-is-eyeing-expansion-into-copper-heres-why---Tom-Palmer#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DDenver-Gold-Forum-2021 Ya 11:40 into this video. He really likes the prospects for copper. A long and good run as he puts it.