Thursday, November 03, 2022 1:26:01 PM
Depending on how severe a potential diesel shortage could be might put the world in a Great Depression II scenario. They may have to ration diesel as to the order of importance and the mining industry might be restricted to the quantities they can get. Can you imagine how that would affect the cost of what's being mined?
Also, the rocket fuel for a higher gold price we know comes when they pivot with the rate hikes and may be forced to start dropping rates quickly in an emergency situation. The dollar will fall like a rock and gold will take off in a very big way.
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