flower-shilling

As Money Gets Tighter, More People Are Selling Gold and Silver

Looks like a story aiming to flush out some PMs.
Not sure it's just a story. Americans are broke & living on Debt/Credit.

I did some checking & the stats are Shocking :-

AUS Private debt to GDP has average below 70% consistently in recent years.

USA Private debt to GDP has averaged above 140% consistently in recent years.

With 70% of USA workers living paycheck to paycheck, I think they are getting desperate.

Nearly everything I read/see out of USA points to a Financial Reckoning approaching.

How anyone believes that u can Borrow & Spend ur way out of Debt is beyond my reasoning. I just saw the USA numbers for the .Gov after collecting the largest ever $ Billions from tariffs, the .Gov still spent a RECORD amount into DEBT. Around $280 Billion further into Debt spending, just for 1 month.

MADNESS :eek: 😞
 
Of course there are sellers but there must also be buyers. If there were only sellers then the price would go down.

The price tells me there are more buyers
 
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