Weak dollar: Silver rose 9% on Friday, gold at $4560 an ounce
There are videos saying the Big Banks had to borrow $18 billion to cover their shorts in silver. Don't know if it's true.
The weak dollar is inflating prices of everything that's not cash. Stock markets, says the guru I most depend on, will continue to rise in 2026, partly due to the AI trade.
That reflation trend will, imho, spill into inflation of everything in a period of rising unemployment. I could see inflation running above 6% by October 2026, with stock markets up 12-15%. Rising job losses with inflation. Stagflation. Affordability will be a subject for Election Day.
But as they say the best investors are the dead ones (because they haven't meddled in their investments for years).
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