Today April 4, 2024, Gold broke to new all time highs of $2302 an ounce, while Silver continued its break out to $27.265 (4.32% increase).
Yesterday April 3, 2024, Silver broke out as it's break through its annual high of $26.14 (May, 2023)... rising 4.24% to $26.17 an ounce, and Gold pushed higher closing at $2283.99.
In contrast, the US equities had a sharp decline March 3, 2014 and were sideways on March 4, which may represent the beginning of the bearish downturn that could lead to a crash and recession.
Silver is supported by higher demand due to solar panels and EVs, and heightened geopolitical tensions as Israel struck the Iranian Consulate in Syria, killing several Iranian generals. An Israel Iran War now looms as a distinct possibility.
Russia continues to grind up the NATO backed Ukrainian military, while Russia has linked Ukraine to the Crocus City Hall terrorist attack through funding and safe haven for terrorists. Russia is still investigating US and UK involvement in the terrorist attack.
NATO in desperation appears moving closer to deployment of NATO ground soldiers in Ukraine as Romania and France position troops and equipment in Moldova. A NATO Russia direct military confrontation will have unknown consequences that include nuclear war. Western neocons neoliberals via NATO an aggressive military arm of the Unipolar Rules-based World Order are terrified of losing their grip on world power, while they remain stuck in their exceptional and superiority delusions.
Strangely, unipolar Western states continue their open border policies with the US leading the way by allowing millions of illegal migrants (3.2 million in 2023) to flood the US. In Canada, the multi-controlled political establishment continues to allow mass migration while push its woke agenda:
"In 2023, the vast majority (97.6%) of Canada’s population growth came from international migration (both permanent and temporary immigration), and the remaining portion (2.4%) came from natural increase," reads a report published last week by Statistics Canada."
Canada is following the path of the UK and EU as traditional populations are replaced and relegated to a dwindling minority status.
With the rapid technocratic push and resulting significant global job loss in excess of 300 million from artificial intelligence, robotics etc., what will all these people do besides rely on government handouts in the form of a quasi universal basic income?
Is the Western globalist establishment seeking to divide and herd people further in order to attain more control and minimize social unrest when the economic situation becomes dire?