Our USA government has been mishandling the economy since well before this virus plague ever began. Very low interest rates on any savings may have been intended to encourage spending but instead promoted debt accumulations.

And the HUGE failure once the virus was acknowledged was in not closing the borders IMMEDIATELY. Only a fool would let plague carriers back in with no restrictions, and that is exactly what was done.

So functionally we have leadership that has no understanding of how to do anything other than that which is intended to benefit the top 1%. The problem is not just a few failures, the problem is a failed set of priorities.

This is an interesting concept indeed. I have thought that gold rises because of a loss of confidence rather than because of actual inflation. And certainly the activities of the Fed promote a loss of confidence in their thinking for the long term.

And the fact that inflation is not instant does tend to produce a disconnect in the association between cause and effect.

I much prefer useful materials presented in a text format because yhen it is possible to absorb the material more thoroughly.

I suppose the motive for a verbal presentation is to prevent copying without crediting, but still, a text format is far easier to absorb useful information from.

Please Save the live video for the entertainment materials, where delivery matters.

After their fraudulent accounts episode how can any have any sympathy for Wells Fargo?

And I am really doubting much recovery for 1Q 2021, unless some cure for the plague becomes available to all. And I doubt that. We are the unfortunate because of the short-sighted Feds pumping money in and creating inflation. What is good for tomorrow may be poison next month.But that has not stopped the creating of inflation, and there seems to be no thinking as to the future results.

Dividend producing stocks would help to offset inflation except that some idiots are working very hard to cause serious inflation eight now. And that excess money flying around will certainly bid up the prices of what I need to buy. Certainly something is wrong in this picture.

I did not intend to be critical, but rather to offer a comment and a small bit of caution.

The really awful thing about debt is that it must be repaid. That is the very worst part! In our case it is really bad because those who will have to repay it have not even been born yet.

But the immediate effect is also quite nasty and especially devastating to those who are depending on savings for their support. That is the inflation caused by all of that give-away money bidding up the prices of almost everything. The Feds have it all wrong: printing more money does NOT create wealth. What are they thinking???

Certainly Musk is a great marketer, and has a rather good product. But, to quote what an old hillbilly once told me, "It ain't smart to pick a fight with a man who can stomp you into the ground."

Certainly it is OK to not like "wall street", it's ethics seem to be a bit lacking, after all. But picking fights is a bit different. Some enemies never forget, or forgive.

While traders may be controlling the price of gold, the force driving the investors is a lack of confidence in the government and what it is doing to the economy. So it is not really what the gold is doing, it is what is driving folks toward gold and silver.

VERY INTERESTING about Cheveron Petroleum. Certainly the details about the financial ends. THANKS.