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Wall Street Silver

@WallStreetSilv ↗

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Last Checked Sept. 26, 2022

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Wed Sep 21 14:32:15 +0000 2022

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Wall Street Silver @WallStreetSilv

People forget that high inflation ended in 1983 only after Alaska Pipeline, Gulf of Mexico offshore oil and North Sea oil scaled up production. Lots of new oil production ended the high inflation 1970s and early 80s. It was other factors than just Paul Volcker & interest rates. — PolitiTweet.org

Sven Henrich @NorthmanTrader

Reminder: While Volcker raised rates far above core inflation he did so with an economy at 30% debt to GDP vs 125%… https://t.co/05MCVFYsgX

Posted Sept. 21, 2022

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Wall Street Silver @WallStreetSilv

RT @Fortuna_Silver: "Séguéla will have an AISC under $1,000/oz (Au) with init. production between 120 koz & 150 koz #gold/year" Jorge A. Ga… — PolitiTweet.org

Posted Sept. 21, 2022 Retweet

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Wall Street Silver @WallStreetSilv

Volcker raising rates dramatically played a role of course. But there would have been no recovery from recession (with low inflation) unless the massive new oil was flowing. Without the energy flowing from those new oil sources, inflation would have roared back after recession. — PolitiTweet.org

Posted Sept. 21, 2022