Some big players really don't want to see @Oliver_MSA analysis to come true. It is only delaying the inevitable and will make the move with precious metals even stronger to the upside when the snapback happens.
#silver#gold
@ArcadiaEconomic JD is correct. But we will see it start to rise significantly in late summer/early fall. Under Biden my protein bars went from $18 to $23 for a box of 20. They are still $23
Walking out of his last news conference as Fed Chairman Jay Powell says. “Thank you very much, everyone. I won't see you next time.” #FederalReserve#Powell
@imPenny2x You dont want ubs or uhi. You will be a slave to a system. You will be the one that is given only enough to stay alive. And anything you do that the elites dont like? You will be cut off. Its you that doesnt get it. Elon gets it because he is part of the elite class.
A Honduran immigrant construction worker this week pulled me aside to ask me what she should do with $100k she saved up. I’ll tell you what I told her. She is currently earning 5% on her money. Her mortgage is 7% and has put little equity in her home in the Phoenix area. I told her she could gain 2% by putting the cash into her house, but because real estate could collapse soon, and she doesn’t have much equity I told her not to invest in her home. I don’t think the stock market is a good idea right now because counter party risk, and because you get fleeced if you don’t know what you’re doing trading stocks. I told her to put whatever she doesn’t need to live on in the next four years into physical gold and silver, and bury it somewhere safe. I also told her the best investment is always to start the right business, but that has a high failure rate (especially now). Maybe that helps. Every situation is different
Dollar supply growing at 7%+ per year with decreasing demand + vast counterparty risk
Gold supply growing at 1.5% per year with increasing demand; zero counter party risk.
Silver supply shrinking by approx 6% per year with wildly increasing demand; zero counter party risk.
Our minds are as malleable as our store of value