You would think that at times like this ......that it would have gone through the roof . What gives ?
Because we're not in an economic crisis, we're in a medical crisis with economic consequences. The economy was "mostly" sound prior to the pandemic. The thinking is we could have a sound economy again in a couple years. Metals don't fit in that scenario.
We. didn't have a sound economy before the virus we just had the least bad economy in the world so investors flocked to the US with their money.
We had as sound of an economy as has existed and still do relative to the rest of the world. There will obviously be contraction as long as we artificially stop the economy but it will recover quickly and I expect it to be stronger within a year of the end of the effects of the pandemic. As we bring some of our manufacturing home available dollars for trade will be even more restricted and dollar value will raise.
Fed debt closing in on $30 trillion +, consumer debt over $14 trillion +, corp debt $19 trillion +, future unfunded liabilities in excess of $200 trillion.
What were you saying about a sound economy?
