Labor force participation rates in the USA are not going up but rather down. As 10,000 Baby Boomers retire on average per day, we have not had labor force participation rates this low since many said Baby Boomers originally entered the US workforce back nearly fifty years ago, when often ongoing 1970s price inflation was also in the mid-teens in real terms as it is today in 2022.
News & Updates
- Posted: August 08, 2022Categories: Gold & Silver NewsRead more »
- Read more »
Silver spot price weakness, especially over this past month of July 2022, has only added to increasing physical silver off-take and demand pressures worldwide.
Global silver mining supplies are just not keeping up with ongoing demand, so silver is being withdrawn and sold at premiums from places like London and silver COMEX warehouses.
The massive persistent western silver bullion demand and increased silver bullion demand out of India now put enormous pressure on silver warehouses globally.