Markets Summarized:
Flight to safety: rallies in gold, silver, the miners.
Recession hints: the “other metals” moved lower, crappy debt broke lower, equities fell, and payrolls was all just about part-time work – which tend to jump higher going into a recession.
War Worries: a move higher in long rates, crude and gasoline rallies.
Silver and the miners are getting some love, because (my guess) Big Money is treating them as a cheaper version of safe-haven gold.
Health:
A COVID dividend for me – I now believe that vaxes have been a scam for more than a century. Children who don’t get vaxxed are much healthier than those who do. The same is true for dogs and cats. The Flexner-Oligarchy (see last week’s Market Update for the meaning) wants us all to be chronically (and profitably) sick – and after 100 years of nonstop effort, they got their way. Sadly for them, Victory Disease encouraged them to force-vax much of the world with their DeathVax, with the unexpected outcome being a lot more “vax hesitancy” and an overall confidence collapse in a reasonably large section of the population – although probably not as much in blue-hat-land due to social pressure.
