Caveat: I am a guy now 33 years beyond my Econ 101/102 courses in which I got C's, if I remember right. I'm no economic expert...I barely understand a fraction of this stuff.
But I do know that this sort of thing scares the pants off me.
Backwardation
From what I can gather, the core of our monetary system (and that of others around the world) has just rotted through completely. Nobody who has gold is selling it. Our fiat currency is fatally ill, and the means of an individual protecting oneself is now gone.
That said: I'm buying ammo and ammo components.
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