Silver

The New Depression that has emerged from the COVID pandemic is the worst economic crisis in U.S. history. Deflation, debt, and demography will wreck any chance of recovery, and social disorder will follow closely on the heels of market chaos.

Egon von Greyerz discusses the impossibility of fair pricing in a distorted precious metals market with Max Keiser, of the Keiser Report.

As the price of the precious metals increase, there will be many new gold and silver “factories” popping up in China and many other countries in Asia. This will create a major supply of fake gold and silver from all parts of the world. These fake products will be distributed via the internet and also flood the retail market in many countries and be a real poison for buyers of precious metals. So dealing with reputable companies is a Sine Qua Non!

A number of Reddit users on the popular r/WallStreetBets forum have said they are planning to launch a coordinated effort to target silver as their next short-squeeze target.

Gold/Silver Ratio testing major support. If it breaks, expect silver to take off to the upside, reaching $30 in short order.

Even though gold has yielded an excellent return, it is what happens to the Dow/Gold ratio in the future that determines if investors should stay with stocks or hold gold.

Although gold can and will see price surges (and losses), the kind of surges (and losses) made by BTC are far too volatile, up or down, to be considered as a credible store of value.

If president Biden wants to save the US economy, his first measure should not be to print $trillions of worthless new money but instead tell his secretary of the treasury Janet Yellen to withdraw all debased currency from circulation just as Aristophanes suggested in 405BC, Copernicus in 1517 and Gresham in 1560.

Gold and silver continue to be in correction mode. What caused the slump last Friday? Deception before the impending chaos in the U.S.? The correction is an opportunity, because the collapse can only be delayed with more trillions. Central banks inflate balance sheets and money supply, risks are neglected. In the environment, food prices are rising worldwide, exacerbating the plight of many people.

In this video, we talk about disastrous central bank policies, commodities, gold, bitcoin and how to best position yourself now. Gromen is considered as an absolute insider regarding the changes in the global currency system. In his publications, he shows why we are facing the biggest change in 80 years and who the winners and losers are should the US dollar be replaced as the world's reserve currency.