from King World News
As we kickoff the trading week, gold looks ready to soar again vs the stock market, this has gotten out of hand, a look at a shocking chart, plus gold gold and silver?
Got Gold & Silver?
September 14 (King World News) – Fred Hickey: “Trouble is brewing with the expiration of these relief policies,” PPP money is running out (employees kept on payrolls with PPP). Federal $600 extended benefits ended 7/31 (replaced with much lesser program). Some state unemployment benefits ending too. U.S. govt. created enormous transfer payment programs (including sending checks directly to people) and Fed financed it all with newly (“printed”) money. Caused a short-term economic “sugar high” that offset recessionary impacts. Now they’re ending. Pain won’t be tolerated so…