Economic Collapse - Gold/Silver To Prevent Mad Max?

The central planners. The Covid authoritarians do not like this.

Good for humanity though.

Truly.
Because you can't eat gold & silver anymore, therefore it can't satisfy hunger or fill stomachs.

But seriously, just by virtue of being real money precious metals could save the world simply by 1/10th ownership & a pissed off populace that holds them.

Gold and silver will reach the stratosphere when the wealthy and funds realize that the fiat system is done.

Not paper. Only the metals.

In the metals business since 1973. About 89% of current gold / silver stocks are fake. Don't waste your $$$

If that is true the price of the metals will go even higher.

CBDC soon.


Did you get your graphene injection?

No!

Account closed.

Go ahead and name 5 of the fake companies.

Waiting, expert. Or just another useless shill? Prove me wrong.

pretty sure he is referring to the stock symbols which hold no silver, SLV, SILV, DV, SVM, AG, AYA, APM, SCZ, XAG, AGQ

He didn't say any companies were fake, he said the bullion its self is fake. how many people ae willing to drill test their coins and bars. If true its probably only the bigger bars. Small coins will be more trusted.

China

[link to www.ft.com (secure)]


"If China’s economy were growing at 5 per cent, then based on historical trends corporate revenues should be growing faster than 8 per cent. Instead, revenues grew at 1.5 per cent in the first quarter."

When you have to use gold and silver as alternative currency, it's already at mad max.

The outcome is mathematically certain for fiat currencies.
Hyperinflation and then complete collapse. End of civilization as we know it.

The question is how to make the depression less severe.

Not rocket science. Yet here we are. The global economy is a time bomb.



Every second of every day, 24 hours a day, every day, global debt is climbing. The “big secret” is this: it can’t ever stop.

It can’t ever stop because at its core the “modern” monetary system is debt based. The entire worldwide financial system is totally dependent on the relentless acquisition of exponentially more debt in greater and greater amounts just to function.



[link to gregorymannarino.substack.com (secure)]

U.S. Shale Production Is Set For A Rapid Decline

[link to oilprice.com (secure)]

World's Largest Real Estate Market On The Brink Of Collapse: Experts

[link to www.zerohedge.com (secure)]


When considering the ratio of housing market value to GDP, China’s housing market value in 2020 was already 414 percent, higher than Japan’s 391 percent before its housing bubble burst in the 1990s.

As China’s economy weakens and the housing market shrinks, the number of foreclosed homes in China climbed to 606,000 in 2022, an increase of 35.7 percent year-over-year.

SOFR futures beginning to expect much higher inflation?

[link to www.barchart.com (secure)]

"In the debt ceiling deal, the debt ceiling is rumored to not be raised by a specific amount.

Instead, the debt ceiling will run uncapped until January 1st, 2025.

Many are underestimating how significant this is.

This means that the debt ceiling is basically unlimited for the next ~1.5 years."

IMF very worried

[link to www.imf.org (secure)]

[link to www.cnbc.com (secure)]


China’s industrial profits tumble 18% in April

Wow people's thinking is so backasswards. Money is gold and silver, everything else is a substitute.

Money is a medium of exchange, store of value and unit of account. Fiat currency is only a medium of exchange. It is not a store of value since it's constantly devalued.

And it cannot be a unit of exchange for the same reason, it's value is constantly changing by the insane currency printing.

This formula right here describes the future value of any debt instrument, since dollars are created from debt it is a debt instrument

FV = PV(1+i)^t

Where the unit of account is PV. That equation does not have a unique solution when the value of that unit of account changes, the dollar's value is constantly changing.

That means more lies have to be injected into the economy to get people to believe the dollar is money. It's not, it's counterfeit.

Please don't be an ignoramus and spread around disinformation.

They will be able to push back the default several more times before it becomes reality. At minimum several more years, at max probably 15-20. Back in 07’ I was high on gold and silver, bought gold at around 750ish, and silver at under 8. I sold about 80% of my gold in 2011 at close to 2 g’s and silver at plus 30 around 12-13’. That being said, yes, I believe silver will go up to 80ish in the next couple of years but that will not translate to wealth, it will merely help those who have it hold on to some of their savings. The increase will not be due to the precious metals going up but rather the dollar going down. But good luck to all and def look to invest even a little to help prevent your savings being lost.

Gold and Silver are the only left in this economy.

Yes you are so right but also so very wrong.

Silver will go to 80 and then blow right through as the dollar continues to hyperinflate into worthlessness.

At that point only physical assets will be valuable for trade or barter or exchanging into what remains of the fiat.

This will be during, or shortly after all physical assets like real estate and vehicles will crash down to a more realistic value. That 80 year old house? From $370K will crash down to $10k.

Silver and gold may or may not seem to crash down, but then the real value will be realized especially by companies or gov that NEEDS to trade internationally and the exterior countries will not take the hyperinflated euro/dollar digits.