Written by Bryan Lutz, Editor at Dollarcollapse.com:
Good to talk with you this morning.
These Sunday morning thoughts come every Sunday.
Sometimes these thoughts are on the economy, life, or hard assets.
If they’re helpful or hopeful to you, that’s great… Sometimes it just comes down to reality. That’s what I’m interested in…
So, here we go.
Here are three Sunday morning thoughts for you:
1. US Treasury Secretary, Janet Yellen is doing her best to tell everyone that she’s done a good job on her way out the door. She’s warns of, “extraordinary measures” may be necessary to deal with the debt crisis.
Since 2020, Janet Yellen was responsible for ushering in over $13 Trillion increase in the US debt.
Starting in 2022, a predictably easy outcome came after all that money printing.
Inflation…
Everyone was talking about inflation.
Especially, Yellen, who like Powell, called inflation “transitory.”
Now inflation is headed back up past 3% where Yellen assured it wouldn’t go again.
In fact, during her last days as Treasury Secretary, the righteous Janet Yellen is warning of a debt crisis.
The US government will hit its debt limit on Jan.21, 2025. She’s advising that “extraordinary measures” need to be taken in order to advert a crisis.
US debt simply keeps getting brushed under the rug, but now is the time to really show everyone “you warned them.”
So, who is really responsible?
Education is important.
Especially for the oncoming administration.
2. Well, we don’t need to worry about the Trump, or Kennedy fighting the Woke Fat Positivity movement. They’re all dying.
If you don’t know what the fat positivity movement is, it’s the same as every other woke movement.
Instead of feeling ashamed about certain behaviours wokeness chooses to celebrate them.
In the fat positivity case, being incredibly obese.
Unfortunately, leaders of the movement are dying.
For some “woke think,” there’s a moral imperative to fight. Like the normalization of pedophilia. That’s something to fight against. It’s abusive, and wrong.
For other “wokeisms,” they seem to take care of themselves.
All it takes is less than one generation, and the “thought leaders” die off serving as an example for others to not follow.
3. Silver is looking mighty fine.
Silver’s long-term technical chart shows a classic ‘cup-and-handle.’
That’s a bullish sign.
With more money printing coming up, interest on national debt rising, and the prospect of a big market crash in the near future.
Silver prices shooting from $30 up to $80, or even $100 isn’t some far off prospect.
It could be very real sooner than you think.
If you aren’t looking at the best junior mining stocks, then buying some bullion is a good idea while prices are still cheap.
