Farmers ALWAYS worry about their profit. Most around these parts keep their cows shut up in massive sheds and the fields are cropped for silage several times without a cow setting hoof in em. The cows are milked by computer operated parlour when the animal feels the need and farmer Giles doesn't have to get his hands dirty. Now that's progress?
RE: Fed talking later -may well help Miners28 Jul 2021 20:11
BREAKING: FED HOLDS INTEREST RATES AT 0% AND PROMISES TO KEEP CREATING MONEY OUT OF THIN AIR TO BUY $120 BILLION IN BONDS PER MONTH. POWELL SAYS A) THERE'S NO INFLATION BUT EVEN IF THERE WAS IT WOULD BE "TRANSITORY" AND B) THERE ARE NO ASSET BUBBLES BUT EVEN IF THERE WERE THE FED'S EASY MONEY POLICIES WOULD HAVE NOTHING TO DO WITH THEM.
Last month’s meeting was marked by a significant upgrade to the Fed’s growth expectations for this year. But officials must now consider whether a surge of infections tied to the Delta variant will exert a drag on the economy that means they should delay the withdrawal of monetary support.
Expec a dovish slant from this months Fed minutes released this afternoon due to the exponential rise of the delta variant curbing economic recovery which should help PM's to gain.
Once you get an end to helicoptered money then the rioting and looting in the USA will begin in ernest. Worse will come when workers are asked to pay more taxes. Pandemic flooding and fire all need paid accross the western world. I genuinely believe precious metals will be 3x their cost in 5 year's time.