Thursday brought another active day in the gold and silver markets, with both metals rallying, especially off of the lows from early this morning around 2:00 A.M.
If we think about that 2017 Saudi-Trump sword dance, the abiotic theory of oil, the very recent announcement of a nuclear energy renaissance, etc., is there a move afoot behind the scenes to keep energy input costs down, thereby mitigating any inflationary impacts of the transition back to the American system of political economy?
If we think about that 2017 Saudi-Trump sword dance, the abiotic theory of oil, the very recent announcement of a nuclear energy renaissance, etc., is there a move afoot behind the scenes to keep energy input costs down, thereby mitigating any inflationary impacts of the transition back to the American system of political economy?
I'm sure they'd love to keep energy down. Not sure the monetary and fiscal policy will allow it. But I'm sure they want it.
crazy times we live in!