"... Potential demand additions could push silver into a sustained deficit. The last time this happened between 2006 and 2011, the precious metal rallied to $50/oz, a price level we would see within reach this time around as well."
With Treasury yields plumbing all time lows, it is only reasonable that the US Treasury will flood the market with as much new debt as it can handle... and then some.
"Well, I may do it myself," President Trump said. "I have the right to suspend it, and I may do it myself - I have the absolute right to suspend the payroll."
"Back in the real world I am becoming increasingly worried about the R word. Recovery. I sense the economic damage is escalating rather than easing... something's awry..."
“Based on historic distributions of trials and the fact that all major vaccines currently target the same protein, we expect vaccine approvals to be correlated, with either many succeeding or all failing in the near-term..."
Senior editor Ash Bennington is joined by Mike "Mish" Shedlock of TheStreet.com to discuss gold and the looming fiscal cliff. Shedlock analyzes the purported …