Discussion in 'Markets & Economies' started by TreasureHunter, Dec 8, 2019.
Right, there were a lot of posts to choose from there
This just came to my mind: 2 things can hurt gold tremendously, even if the economies don't recover soon.
1) if the new vaccine spreads (US and Russia both claim they will have plenty of vaccines by 2021)
2) "universal basic income" (one thing I find far more dangerous to human society on the long term than Corona: it's slavery)
Doubtful vaccines will take gold down totally with the real economic impact still not felt and stimulus still being pumped through to delay this impact. Debt-load is still going to be felt and increasing for a while. In fact, it probably helps Au rise steady instead of spike too early. A longer bull cycle that will continue to go on for years.
People will still work from home, people will still be weary of travel, businesses will still go under, geopolitical tensions will still rise, social unrest will still remain, people will still want handouts. It will probably give gov’s even more green lights to jump-start economies with monetary injections - especially for the big businesses ‘on the edge’ that need ‘just that little bit more’ to keep it all going..
Collapse in the price of surgical masks. US$2.13 for 50 pieces.
so cheap can buy 10 boxes
Plastic bag over head and tied tight works best!
We were given 4 pieces of surgical masks per family sometime early Feb. Government got slammed and mocked online by giving only 4 measly pieces. In March, they gave out free cloth masks, which were very bad quality and shrunk after being washed so in June they gave out another 2 free cloth masks that were a slight improvement but still bad.
The last batch of DET30 cloth masks given out in last month proved to be popular, 1 in 5 or 6 persons are wearing it. So they finally got it right after wasting money on the earlier ones that people threw away because they don't work. It's available on Amazon. You'll probably need it because if Biden wins, it will be compulsory to wear a mask.
I don’t think people in Idaho are going to give a damn what Biden says, I’d be surprised if cops enforced it
the rate that cops are quitting the job over there, probs wont be any left to enforce it.
I guess you aren't aware of how these people work. There's no need for police when you have zombies to do the work. The police might not interfere when the zombies work for the government.
The zombies are more powerful than the police when they aren't the government, imagine the superpowers they will have when they ARE the government.
it’s not the pussified city here though.. the heartland. They would let the population starve before handing their guns (the farmers).. but there is also a lot of militia activity in these hills. I‘d guess civil war or state gone rogue before Biden gets too handsy here..
Oh I didn’t know. I don’t think it is about pussification but political independence. I read that New Yorkers don’t want to wear masks either. Locally, the majority of people want masks so it’s easy.
The US can afford to make it optional as it is a large country and is not under any direct military threat. Americans only needs to make sure their politicians do not work for another country.
try that in summer lol
you would not last 5 minutes
it was used by Pol Pot to eliminate the oppositions
When lycans and vampires fight each other, only then can humans survive.
this would be the first time gold silver go up, during China week long holiday
With respect to the original topic of this thread...
Mainstream financial media now warning about a pending (USA) currency collapse and loss of global reserve status (exorbitant privilege).
MSM? Not surprising. I would take what the MSM writes with a pinch of salt. For the past year or so, they have been busy attacking everything related to the USA just to bring down Trump.
The trouble is what Trump has done is irreversible. There is no way we can go back to the old world order of the oligarchy. That era is effectively over.
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