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Silver dealers in Singapore scramble for stock amid soaring prices, buying frenzy
Physical silver is becoming increasingly hard to find in Singapore, as a recent global surge in prices has sent investors rushing to the precious metal and left dealers scrambling for stock. Waitlists are now stretching for months, with some retailers struggling to secure fresh supplies amid what analysts describe as a tightening market. The scramble comes as precious metals emerged as the standout performers among commodities last year, driven by economic uncertainty and geopolitical risks. Silver outpaced most major equity indices and currencies, while gold climbed to record highs. Some analysts believe precious ... (full story)
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For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans. It is for that reason, and much more, that I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it. People live in homes, not corporations. I will discuss this topic, including further Housing and Affordability proposals, and more, at my speech in Davos in two weeks.