by Toddlovessilver
This is directly related to observations about the economy, at least in middle Tennessee where I live. Precious metals should see robust influx of investments, as the weaker economy negatively impacts jobs, incomes, disposable income, consumer spending and ultimately personal security… citizens abilities to provide themselves with the basics of food, shelter and general comfort. My observations are not related to reports from the news, etc… these are personal observations.
I’m an active member of a neighborhood social App called “NextDoor”, I’m not sure how wide spread this app is internationally, but if you live in the States I’m sure many of you will be familiar with it. Starting about 6 months ago I started seeing an escalation of people posting for assistance with food or monetary donations. It was a trickle at first, barely noticeable, but has evolved to a plethora of posts requesting assistance… a LOT of “go-fund-me” promotion posts for various purposes. A couple months back I then started noticing that “found dog” posts were also increasing, again… a trickle at first and now there are 1-3 daily in the small community that my account covers.
I think people who were barely above the poverty line only 6 months ago are cascading below it… to the point of losing their jobs and ultimately their security. I think these “found dog” posts aren’t from escaped or lost dogs… I think people are starting to dump any financial burden necessary in order to keep their security afloat.
Im curious to learn if anyone else has made similar observations?