Milton Friedman:
“Inflation is just like alcoholism. In both cases when you start drinking or when you start printing too much money, the good effects come first. The bad effects only come later.”
“That’s why in both cases there is a strong temptation to overdo it: to drink too much and to print too much money.”
“When it comes to the cure, it’s the other way around. When you stop drinking or when you stop printing money, the bad effects come first and the good effects only come later. That’s why it’s so hard to persist with the cure.”
The long term secular bull market in metals is nearing the end. I'm expecting a DOW:gold ratio of 2 or less later this year or early next. We're in the final parabolic phase of this26 year bull market.
Hey @TrumpWarRoom
Only boomers care about the stock market-this is why:
What took the Boomers 20 hours, now takes 213 hours
(a 10x increase in time/labor to afford the same unit of equity exposure)
So long as your time horizon is longer than 24 months, it's a losing message
Silver: $43 accumulation target
Jeremy Szafron @JeremySzafron talks with Gareth Soloway @GarethSoloway about what he sees for #silver.
>> Watch the full interview at Kitco:
https://t.co/nyOI0O7vnp
Rick Rule: Why First Majestic $AG is a Silver Powerhouse 🚀
The legendary resource investor @RealRickRule reveals why he's massively bullish on this silver miner:
🎯 The Turnaround Story:
✅ "Doing a great job at Ermitaño"
✅ "Unsung upside potential in San Dimas" - a mine producing for 400 years with untapped value
⚡ Why It's Positioned for Explosive Growth:
➡️ "Extremely leveraged to perception around silver"
➡️ Built a 100,000+ person retail constituency through strategic marketing
➡️ "Extra torque in a silver bull market"
💎 Rick Rule's Personal Verdict:
"When silver takes off, First Majestic isn't just another miner - it's a retail-friendly, operationally-improving rocket ship."
Big money entering silver will look exactly here.
First Majestic Silver is one of the top silver producing companies in the world's top silver producing countries
☑️Significant land package
☑️District scale assets
☑️20+ Yrs of operational experience in the region
Here's the one that really gets me. @FMSilverCorp is trading at a 40% discount to fair value based on $48/oz Silver. I know its a different animal than 10 years ago, but still. It's always been the leader, and always marked prior tops with fast moves higher. Leads me to believe we have much further to go for Silver.
.@StephMcMahon: "If your child was diagnosed with cancer, you wouldn't care what party their doctor belonged to, you would just want the best—and President Trump is doing just that, enabling that every child with cancer gets the best care possible. We couldn't be more grateful."