Hi Ho Silver (And Gold)! Gold Futures Surge To Above $2,400, Up 19.61% Since Last Year (Bitcoin UP 133.44% Since Last Year) FEAR!

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Hi Ho Silver (and Gold)!

Gold futures prices are soaring and are at $2,422.00. Gold futures prices are up 19.61% over the past year.

Silver futures prices are also soaring and are at $29.64. Silver futures prices are up 16.40% over the past year.

Bitcoin is almost at $70,000 and is up 133.44% over the past year.

Returning to gold, we are seeing another gold breakout, like the breakout in 2008.

Even central banks are loading up on gold, silver, and cryptos. Why? Primarily fear of US reckless budgets and exploding debts/deficits (don’t listen to Biden talk about how “he” reduced deficits and debt (both have risen to dangerous levels under he inattentive eyes).

However, calming the jangled nerves of pension funds is that the S&P 500 stock market index is up 26.04% over the past year.

Overall prices are up by 19.4% since Biden took office.

Of course, the S&P 500 is not sustainable given that it has been driven by excessive spending by the Biden Adminstration coupled with still massive monetary stimulus from The Federal Reserve.

In summary, gold, silver and cryptos are rising on FEAR! Of Biden, Congress and The Fed.

Published by confoundedinterest17

Published