Jerome Powell is the Victor Frankenstein of monetary policy. Constructing and killing his rotten creations: zombie firms. We break down what these undead hordes will do to the economy as they emerge or die off.
The outlook for silver is somewhat more optimistic. The low average price forecast submitted was US$17.50, the high was US$27 and the average of all analysts came in at US$23.65, which is 8.8% higher than the actual average for 2022 of US$21.73.
When you consider that silver has been money for over 2,500 years and valued for over 10,000 years, it is significant to know that there are only about 5 years of silver left. It reminds me of the quote “Gradually, then suddenly.”