Container Orders Plummet – Trade Deals Now Or Economic Depression Soon
And yet Political Powell and the rest of the geniuses at the FED still say the economy is fine and they are worried about inflation. Always fighting the last war. They probably won’t cut until they first rollout some kind of stealth QE and or yield curve control with the Treasury. Then when the economy is crashing, they will do a 100 basis point “emergency cut”. That will be what rockets silver thru $50. It will probably get through $36 and heading towards $50 before that happens. I see a possibility of $31 spot (could overshoot to $30.50 for a blink of an eye.) before the run thru $36 begins. https://www.zerohedge.com/geopolitical/container-orders-plummet-trade-deals-now-or-economic-depression-soon
The anecdotal eveidence continues to pour in but the FED only looks in the rearview mirror. Fire them all. https://www.zerohedge.com/technology/wells-fargo-analysts-say-amazon-paused-some-data-center-lease-commitments