I think that the fed will continue to pump as long as they can and keep the party going. If our markets continue, then London, Sydney, the Japanese Exchange Group etc should hold up for a while too, I’d guess.
But printing cash is a lot like doing cocaine: A little is fun for a while, and a lot at once sounds like a good idea, but the next day you’ll have the worst hangover of your life. So I’ve heard.
On top of the supply chain problems, tensions in East Asia, OPEC+ not wanting to pump and US energy being kneecapped by an 80 year old man with dementia, I’d expect an egregious buttfucking is coming for all of us outside of the very rich.
Add in other fun tidbits like the average age of a farmer in Japan (67), or in the US (57), and what’ll happen when BigAg comes in to buy those farms as the old guys can’t do the work anymore and we’re in for a fun ride.
Which is why I buy silver regularly. I can’t really afford gold, but I can hedge with silver to an extent and try to ride the tail end of the gains.
