Suez Canal ShutDown Ramifications Are Just Starting

Win 500 Silver Coins! Enter here: SUBSCRIBE to Our Channel: This week, on the heels of underreported US Consumer Price Inflation data coming in higher than expectations. The recent and now ongoing near-total shutdown of the Red Sea shipping lanes escalated in violence as British and US-led military strikes against Houthis rebels in Yemen kicked off yesterday. The spot silver and gold prices in fiat US dollar terms sold off to start the week only to rally back on expanding violence in the Middle East to close the week. The spot gold price again cleared $2,050 oz to close another week of trading, while the spot silver price finished at over $23 oz again. The spot gold-silver ratio ended this week where it started, at 88. Some of the following charts, data, and headlines all suggest things are not going well, spanning from central bank balance sheets to many citizens increasingly suffering under growing cumbersome debt levels. That will be all for our weekly SD Bullion Market Update. As always, to you out there. Take great care of yourselves and those you love. Royalty-Free Music provided by: –––––––––––––––––––––––––––––– Bullet Train by tubebackr / tubebackr Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: Music promoted by Audio Library –––––––––––––––––––––––––––––– Did You Know Better by Pyrosion / pyrosion Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: Music promoted by Audio Library –––––––––––––––––––––––––––––– Track: The Guitarist — Next Route [Audio Library Release] Music provided by Audio Library Plus Watch: Free Download / Stream: ––––––––––––––––––––––––––––––