XSO 0.86% 3,001.9 s&p/asx small ordinaries

Americans are sleeping in their cars because most of those with...

  1. 11,173 Posts.
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    Americans are sleeping in their cars because most of those with jobs are getting paid batsheet while inflation is roaring in the US, fuelled even more by tariffs, rocketing home prices and rents, as paper money worldwide accelerates to its true value, near zero ...
    https://www.zerohedge.com/news/2018...eling-pain-over-tariffs-gas-prices-and-lumber

    ... and the latest inflationary & US poverty indicator: https://www.zerohedge.com/news/2018-08-02/cdc-urges-american-stop-washing-re-using-condoms


    Gold and silver should be soaring too but the gold-hating banksters (BIS, Fed, ECB, BoJ, BoE & their criminal hitmen the ESF) keep smashing them to keep would-be buyers and investors disheartened & to ramp up the completely overvalued US$, which should be crashing, & is being used with Wall St to buy up the rest of the planet, although Wall St's bubble is also a reflection of this surging inflation, as is the oil price.

    Then just before the US$ collapses soon, they'll have a currency reset backed by PMs ... after you've sold out . They did this by criminalising gold in the 1930s, confiscating it then jacking up the price 50%. There have never been pirates like them in history.

    So imo golds should be great buying this morning!
 
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