from King World News
On the heels of the Dow tumbling more than 500 points, RobinHood madness strikes again, plus the war in silver and a look at what just happened in the mining sector.
RobinHood Madness Strikes Again
July 30 (King World News) – Peter Boockvar: You can’t always get what you want. Unfortunately there were some important questions that should have been asked of Jay Powell but weren’t. I would have liked to have heard the following. Chair Powell, the US dollar index, a measure of the purchasing power of the US consumer and an important factor in inflation, is at the lowest level in about two years. What do you think? Chair Powell, the price of an ounce of gold, a monetary metal that is held at every central bank around the world and has been a form of money for 5000 years is at the highest price ever over those 5000 years. What do you think?