/biz/ - Business & Finance

>>56043552
>Good time to buy in my estimation.
Pretty decent indeed, the mix of recently tamped down prices + return of low premiums make it interesting, especially for silber.

I thought we would see some financial fireworks in August, as summer is usually a very stressful period for western banks (due to western nations bleeding hundreds of billions USD from all the wagies going in vacation at the same time and spending their savings in the southern hemisphere, it create a huge transfert of cash and a vacuum effect).
But in truth it was surprising (awfully) quiet. And market stability is not bullish for PMs, thus probably why the prices are slowly creeping down.
Yet, just looking at the numbers, you'd think we are in the middle of a cataclysmic maelstrom. CC debt for one (surpassed $1T in the US for the first time ever, 2/3rd of mutts admitting it was either to buy groceries or because of small unexpected events.. which is very grim), abysmal savings rates (lowest ever), or the bond market imploding due to extreme lack of confidence in abilities to repay sovereign debt at the current rates...

Everything is flashing bright red, the "you vill own nozing and be happy" is already a reality for most, and nothing happens. Are we in the eye of the can-kicking's storm?