Firering Strategic Minerals: From explorer to producer. Watch the video here.
BTB - 'The Fed is not there to serve the American people. It exists for the sole purpose of enriching it's owners. Nothing more: nothing less' - Well said. We are witnessing theft on a global scale.
'Let me issue and control a nation's money and I care not who makes its laws' - Amschel Rothschild
Another day in the bargain basement with the SP disconnected from PM prices. We must be nearing capitulation by now:
https://thestockbandit.com/capitulation/
I agree Bonker, a waiting game from here. GL
Now gone in deep on Cey and Fres: inflation is PM's friend, Basel 3 to come
perma.bear - obviously nothing is certain in this world (death and taxes excepted!)
However inflation is coming, the ballooning Fed balance sheet shows a sea of dollars chasing whatever goods are available.
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
Historically we have had the option of producing our way out of this type of mess but that is not in the plan this time - the types of production we have hitherto relied on are not 'green' enough. The central banks have the global economy in a trap and the best hedges against massive dilution are PMs, tangible assets etc.
The central banks may tinker with yields and JPM may play the derivatives markets to suppress PM prices but, in the end, they will run out of fire power. At that point we will do very well.
Well Greg Mannarino is bullish based on the PM/DOW ratios. Interesting from 3.20:
https://www.youtube.com/watch?v=mCcpSoaEJ2Y
I suspect money shifting from crypto to PMs along with the underlying need to hedge against fiat currency devaluation