Silver

The resulting record divergence in gold futures vs spot unleashed a flood of physical gold into the US as a record scramble by traders rushing to take advantage of this arbitrage opportunity by shipping bullion to New York sparked what Bloomberg said "may be one of the largest ever physical trans...

How can anyone believe that the fake world the Fed and their fellow central bankers have created has anything to do with reality.

The financial crash of March allowed the silver to go to make its pull-back on the resistance, which came from the summit of 2011, and had been crossed on June 18, 2019.

The ruling of the Federal Constitutional Court sets Germany against the EU. A planned crash? Southern Europe cannot exist without tourism. But the bang will probably come from the US, which despite huge QE programmes is plunging into a depression that will make the 1930s seem small.

Central banks and governments are now printing more money which makes it clear that we won’t see a voluntary abandonment of credit expansion. Instead, the world is now in the final stage of credit expansion which will lead to hyperinflation and “total catastrophe of the currency system involved.”...

Silver has broken out. MACD bullish cross and now above zero.

Hyperinflation is inevitable, and gold and silver remain the best proven safe haven investments in this environment. Are you prepared for the financial devastation that lies ahead?

Right now, the price of gold is relatively cheap compared to the current money supply. And the price of silver is ridiculously cheap compared to gold. Again, silver has never been cheaper in 5,000 years.

In this interview Egon von Greyerz explains to Paul Eberhart of SilverDoctors that the combination of the Coronavirus and the coming economic depression will change the world forever. We are now going towards a hyperinflationary depression that will eventually lead to a deflationary depression.

To test the value of the printed money, I suggest that the Fed prints $9.5 trillion and buys all the gold in the world, including jewellery, of 170,000 tonnes at the current price of $55.6 million per tonne. If they don’t understand what will happen, I can tell them. They would have real problems...