The combination of a labor and supply shortage have led to higher prices for just about everything. One other factor for the cost of physical goods, transportation, has been on the rise as well, as seen with container shipping rates going through the roof.
Now, the rates for dry bulk shipping are on the rise as well. Rates recently cleared $20,000 for the first time in more than a decade. The dry bulk shipping rate is the price used for moving commodities, in everything from coal and steel to grains. It’s possible that even if government spending slows or monetary policy starts to tighten, there are still plenty of fundamental reasons for higher prices for many goods in the months ahead.
Precious Metals Prices
Price at week’s end (change over last week)
Gold … $1,755.88 (-1.8%)
Silver … $22.48 (-5.6%)
Platinum … $949.65 (-1.5%)
Palladium … $2,047.38 (-5.5%)
Now here’s the rest of the news:
Here’s Why Gold Is King of the Commodities
Analysis indicates a commodity supercycle may be ahead. Higher inflation and widespread shortages in basic materials support this view. Here’s why gold may be the top commodity pick… [Read Here]
3 Spoonfuls of Sugar to Help the Bitter Pill Go Down
The latest reports put Social Security bankruptcy just 12 years ahead. In the meantime, while Social Security is still solvent, we found these 3 pieces of good news… really! [Read Here]
The Inflation Train Isn’t Anywhere Near Full Speed
Despite last month’s 0.1% CPI drop, inflation isn’t slowing down. Like a train, inflation starts slow and stops even slower. Based on producer prices, we may see 20% inflation in the near future… [Read Here]
September 20, 2020
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Describing its beauty!!! Think it’s Saint Pierre, France.
Wonderful, I will just pop across and grab some fresh bagels…
September 20, 2019
For Giving Friday!
Good morning. Gold is often derided as a “barbarous relic” that has no place in a modern financial system. And while governments often shun the metal and those who invest in it, central bankers are playing a different tune.
Central banks around the world have been huge buyers of the metal, and recent purchases by the central banks of Russia and China suggest the metal has more room to run. That’s especially true in a world of increasingly negative interest rates on government bonds, which make gold’s zero-percent interest look downright attractive.
What’s holding you back?
Two of the biggers things that hold people back from making big-time progress toward their health and wellness goals are information overload and the search for the next big thing. Let’s take a look at these and how you can overcome them.
Information overload. We’re fortunate to be living in the information-packed Digital Age, but this blessing can also be a curse if we just bathe in “stuff” without ever doing anything with it. And in this unprecedented time of self-tracking (e.g., sleep, macros, heart rate, and so on), I ﬁnd that most people, figuratively speaking, are like hamsters spinning on a wheel; they’re trapped consuming information and collecting data — without doing anything with it.
If you really want to personalize your healthcare, seek to apply relevant knowledge. Instead of tracking more measurements and compiling more dependent variables, gain wisdom through application. By no means is that meant to dis-courage you from testing and collecting objective data, which is indeed very important. What I’m saying is that rather than gathering more informa-tion, we often need to use the information we already have in a better way.
As author Ryan Holiday says, “When intelligent people read, they ask themselves a simple question: ‘What do l plan to do with this information?’” (Yes, that goes for this blog too.)
Looking for the next big thing. This trend (which probably isn’t going anywhere any time soon) piggybacks on the one mentioned above. As functional medicine clinician Dr. Bryan Walsh recently said on in an interview, “How many people buy a whole bunch of books on a topic because they’re looking for the answer when the answer may have been there, but they just didn’t really sit down to apply it?”
The crux of it is that as soon as we start looking for “the next big thing,” isolating variables or looking myopically at individual markers, systems of the body and pieces of the puzzle, we often miss the forest for the trees. For Dr. Walsh, “My antidote is to go back to the basics. Forget all this fancy stuff.”
If you keep chasing that next shiny object, chances are you’ll never stick with anything long enough to move the needle, and if you do, you may never know what worked. This isn’t meant to disparage innovation nor is intended to discourage scientiﬁc discovery; rather, as we reach new frontiers, the encouragement is to connect the dots rather than isolate variables.
Gold just might be one of those shiny objects … the next big thing! 🙂