Chicago-based Purchasing Managers Index indicates The US economy has entered a Depression.

While the Biden Regime Sings, "Our Economy Has Never Been Stronger"

• Chicago-based purchasing managers index has now indicated the economy is in a depression.

• We have not just a depression

• but a stagflationary depression in which everything else is going to hell, except prices of everyday essential goods: they keep on rising.

Stagflation is an economic situation characterized by slow or stagnant economic growth, high unemployment, and persistent inflation.

It is a portmanteau of the words "stagnation" and "inflation," reflecting the paradoxical coexistence of these two adverse economic conditions. Stagflation poses a dilemma for policymakers as measures to reduce inflation, such as raising interest rates, may further exacerbate unemployment and stagnation, while efforts to stimulate economic growth can potentially fuel inflationary pressures.

Guess Now it makes sense that:

• theme parks in Florida just called it quits

• Gold and Silver are reaching All Time Highs

• Shanghai has wrestled control of Gold and Silver Pricing Away from US and London

• Gold is poised to hit $20,000 and Silver $400 +
  

READ WHY GOLD HITS $20,000 per Ounce and Silver Follows