US economy shrank by 4.8 percent in first quarter, as coronavirus ends record-lo

[Anonymous]

https://www.foxbusiness.com/economy/us-economy-first-quarter-2020-gdp-coronavirus-impact

I can only imagine that 2nd quarter will be worse.

[Crow BarKeymaster]

Watching the stock market, man are they totally disconnected with reality.

[Anonymous]

You would think that savvy investors would be pilling into precious metals now. Huge demand for gold on the national gold dealers. That has slacked off and dealers have more stock that you can buy, but the premium over melt value is up quite a bit. That shows that demand is still quite strong.

But, the stock and bond traders like a quick turn of profit and precious metals may take some time. Monetary inflation will take some time too.

[namelusParticipant]

Yeah they buy PAPER pm as you can’t get phyisical and paper is worth as much less than same value in tp

 

Right now better to buy food, seeds and ammo. If you can find any.

 

 

 

 

[Crow BarKeymaster]

Stock markets seem to think the worst is over!
Or, there was some promising news about a vaccine! One that wont be available for another 12=18months . . .

@namelus, I agree!

[Author]

Posts