FatDuck3
Oct 27, 8:50 PM
$JNUG $GDX $GLD $SLV $B
Hit After Hit :
"In an economy like this people are counting their pennies. They're not counting their dollars"
Cars are becoming unaffordable: New vehicles average nearly
$50,000, while used cars average almost
$32,000. Higher prices, insurance, & interest rates have pushed roughly 1 million potential new-car buyers OUT OF THE MARKET since 2020
Teachers are taking 2nd jobs: Many educators are working MULTIPLE SIDE JOBS TO COVER LIVING EXPENSES.
Farmers are facing mounting financial pressure: Higher diesel & fertilizer costs, alongside trade-related expenses, are squeezing profit margins. Some farmers are considering loans to cover losses, while others are absorbing costs to avoid passing them on
Homeownership is increasingly out of reach: Mortgage rates remain above 6%, & starter-home prices have risen sharply. In one Florida market, a typical starter home now costs over
$700,000, compared with about
$500,000 five years ago
https://www.youtube.com/watch?v=bPtisseFomw
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