LET'S GOOOOOOO!!!!!!!!!!!!!! Silver broke it's 6 month + down trend in overnight trading. Testing the last high of $63.20 now. If we break here, lots of blue sky above. LFG!!!
If the stock market crashes, will #gold and #silver get dragged down with it? Check out my new interview on @RafiFarber 's channel, the end game investor!
The Yen 💴 is yelling Tora! Tora! Tora! On the global financial system:
“The fact that the United States is forced to help support Japan’s currency—using America’s balance sheet to prevent another pillar of the global credit system from cracking—should be proof enough that this is not merely Japan’s problem.
It is global. It is systemic. And it is the inevitable consequence of trying to finance exponentially expanding debt with even more credit.”
If most people knew what we know, the dollar would instantly collapse. The prices of everyday goods would skyrocket overnight. The shelves of every bullion store would be wiped clean. Banks would begin to fail, and the government would declare a bank holiday. The stock market would suspend trading. Who knows? Law and order in major city centers would perhaps disintegrate, and the government would be forced to declare martial law.
The only reason none of this is happening is because most people are oblivious to how desperate the economic situation is. Even if you told them, they wouldn’t believe you. Their ignorance is the only thing keeping the monetary system going. Do you understand now why the government makes such an effort to maintain this ignorance?
73% chance of a rate hike? People have lost their minds. The Fed's #1 priority is not inflation. It's recession prevention and economic growth.
The next move will most likely be a cut and not a hike. Of course, I'm guessing.
You make 250% if you bet no hike.
You make 900% if you bet they will cut.
I stopped gambling in the 1980s, but I'm thinking of coming out of retirement. 😂
🚨Major Silver CEO: Silver Should Be Closer to $400–$500/OZT! Here's Why!
👉What if we've been valuing silver the wrong way all along?
👉Keith Neumeyer, Founder & CEO of First Majestic Silver, says investors are looking at the wrong ratio.
👉Most people focus on the Gold-to-Silver Ratio (currently around 69:1).
👉Neumeyer says the ratio that actually matters is the Mining Ratio!
💬"For every 1 ounce of gold mined worldwide... only about 8 ounces of silver are mined!"
👉His argument:
⚡Gold & silver should ultimately be valued closer to their natural production ratio, not today's paper market ratio!
⚡At today's gold price, an 8:1 mining ratio would imply silver is worth roughly $400–$500/OZT!
⚡He argues today's paper market has distorted silver's true value for decades!
👉Whether you agree or not... It's one of the most bullish valuation arguments you'll hear for silver!
🎥Watch the full interview (starts at this discussion):
https://t.co/FtogEjmHW1
🦀Crustacean Nation: Do you think the Mining Ratio is a better way to value silver than the traditional Gold-to-Silver Ratio... Or is Keith aiming way too high?
👇Drop your price target below!
*Not financial advice. Stay stacked!
#Silver is running out of time!
It has almost reached the intersection of its short term falling trend line (green) and its medium term rising trend line (blue). Enough with the dilly-dally! It will either break out or break down in the next 48 hours.
A breakout will be favorable, of course, but it will still have other technical hurdles to cross before it can truly rally. A breakdown, on the other hand, will lead it straight to its October 2025 high of $54, where it should have some horizontal support.
This should be seen in the context of retesting its breakout level from the famous 45-year-long cup and handle formation.