Gold's Near-Term Brush With The 1600s

■ We read this past week that "U.S. Airlines Saw 60% Drop in Passengers in 2020"; from our observations in airports and on planes during the year, 'twould seem more like a 90% drop...

■ We cannot make sense of this Dow Newswires bit from Thursday: "Supporters of a higher minimum wage can argue the move is proof employers can afford wage increases, while opponents can say it is an example of effective free-market forces." What? Folks are actually paid to write this unintelligible dribble. (If Grandpa Hugh were still running the show today, the "pink slips" would be flying)...

■ We honestly had a good grin over this one: "Cannabis Stocks Nosedive as Rally Driven by Hopes for U.S. Legal Reforms Comes to a Screeching Halt", the time-honoured '60s phrase coming to mind that "Only dopes smoke dope" -- or put into current context -- "buy into earningless stock manias"...

So don't be a dope: yes, perhaps a 1600s brush with which to cope, but keep Gold focused in your scope!

Cheers!

 

 

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