Gold Futures Surge Above $2,050; Silver Nears $27

The way you can tell a bubble is look for the demand for the product...is there a higher demand for the industrial uses for gold and silver or is this just another pump and dump?

Or could the manipulation be over? Or is inflation creeping in from money printing?

Industrial use is not driving the prices and this is not a pump and dump. Fiat I'd dying a slow painful death right alongside the globalists and the DS. People are putting protections on their wealth and stacking

It's starting to look like a panic melt-up.

People are standing for delivery of the physical, and there is nowhere near enough.

I expect the CRIMEX to declare force majeure, soon, then close, forever.

That's when we start to get REAL price discovery!

We will know true price discovery when REAL Physical sales are $100+ an ounce. Until then, people will still speculate that its just a bubble. So ask yourself why are people willing to sell at $40, 50 60? Why not hold on?

Just like the Gulf oil spill...yeah it's a lot of oil but it's also a HUGE ocean...inflation isn't really a concern at this point...I know you think it is, and I understand your logic, but it's not there...well, inflation is ALWAYS there, but not hyperinflation that you are afraid of...

How do you fiqure when we have increased our M1 and M2 by 1500% in 12 years?

It's gonna get crazy in silver when the big-time industrial users start to run their stockpiles down.

Keith Neumeyer, CEO of First Majestic Silver (ticker; AG), has spoken with many of these users, and has never discovered exactly what they hold, or when they expect to run out of inventory. That info is Cosmic-Level secret.

You can also look at it this way:

People still have plenty of money to throw around...

Your average check to check person doesn't, but look at all the buying goin on...warehouses are working employees to death to keep up with the demand for toilet paper...

True even more of a bullish case for silver and gold. INFLATION

Because markets are made up of many participants, each with their own viewpoint and profit-taking strategies.

Some are happy to day trade and scalp. Others are grim HODLers going for the brass ring or passing their wealth to their heirs, etc.

How much has the population grown in 12 years?

Here's a stock that you should look at;

Dolly Varden Silver (DV.V)

The legendary Keith Sprott holds the majority of the shares.

I'm far too conservative for individual stocks...each mutual fund us made up of 80 companies or so...even if some are going down, the others are going up...I don't worry over a few broken eggs, I have many baskets and the hens will lay more

As long as Bitcoin keeps going up.

The gold market is a rigged game... 99% of gold on Earth is already mined and in private vaults.

I have no idea why people are so eager to jump on the gold train?

At least Bitcoin is limited and only 11 years old... plenty of time to get in.

Fine. That's a perfectly legit market stance, and has obviously served you well.

I'm happy to see everyone making money!!

I wish I could convince the poor to put down the lotto tickets and pick up a prospectus, but that's like pissing into a high wind...

call it what you want, a devaluation is coming,
and it's better to hold metal than paper.

27.11

4%

Evil numbahs!

call it what you want, a devaluation is coming,
and it's better to hold metal than paper.

The US population has only increased by 10-14% over the past 12 years.

6.3% in the last ten years...

6.3% is about 20 MILLION people...

How much money in circulation does 20 million people need?

Say each made $40,000/per year, that's closing in on a trillion dollars...

Now, for circulation purposes, you need much more than that...liquidity adds a lot of dollars...

I realize big numbers scare people, but it's Okay I promise...

Then make that $2 trillion more dollars that we need in circulation...minimum

This is another reason we have borders...we need to control the number of people entering or they will crash the system...

Legal immigrants pay tax, and a lot.

Controlling the border is a good term. Not blocking it.

How crazy would it be for your employer to tell you that due to lack of dollars in circulation, you have to wait a few days for your paycheck??


Money in circulation is good...