The lunatics have taken over the asylum. While I was sleeping we crossed over into an alternate universe and what a strange world it is.
U.S. job numbers jumped up by 6.6 million in one week making a total loss of jobs to over 16 million in just three weeks. 10 per cent of the U.S. workforce decimated in 21 days and so the stock market reacts by going up 460 points (at time of writing). Another round of stimulus to the tune of 2.3 trillion and so the stock market goes up. It is like watching a runaway train heading to a cliff and there is nothing we can do to stop it. More debt, increasing loss of jobs, supply chain disruption, falling demand and the small matter of a pandemic. To all of us who have the capacity to assess, think and analyse; these are matters of great concern as the flow on consequences will become increasingly severe for all of us. I do believe the war drums will begin to beat as battered economies become desperate. This would make a riveting fiction novel but is not something I like happening in reality. I might go back to bed and hope when I wake up again, find out it was all just a bad dream.
On a side note though, Gold and Silver doing rather well tonight. At least there's that.
- Forums
- Commodities
- GOLD
- gold
gold, page-72941
-
- There are more pages in this discussion • 54,886 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online