When Silver Goes To $1000 an Ounce
It used to be a lot more controversial, than it is now, that silver will hit $1000 an ounce. In fact, now, it feels almost destined that we will hit those highs.
What, with every fiat showing weakness. Inflation being high, to put it mildly. Turmoil in the Middle East. All these things have typically preceded a turn toward precious metals. And we see this with central banks buying even more gold.
I feel that these things are about to turned up to 11.
Further, the group that has been suppressing the precious metal prices is running into real problems that printing more money won't help.
One more straw, and camel's back breaks.
The banksters want…
The banksters want to stay in charge. To keep printing the money that everyone wants. To keep everyone working for them while all they do is print money. To keep bribing people with paper and some ink.
The banksters want to keep their power. And they will do anything, except cause direct attention to be turned towards them.
Of course this FAILS. The UNIVERSE is now against big banks. The heavens are signaling "power to the people" The energy has switched from supporting large structures, to exposing everything that is hidden.
So, large banks will just fall apart. Imagine all the steel girders turned to silly putty. That is an apt analogy of what has happened. (of course, in the real world, what we will see is skyscrapers with the names JP Fargo and Banko de Ameríca empty. No one in them. No one will work for them. Not after their evil ways are exposed. And let me tell you, they are really evil.)
The banksters want to stay in charge. They think they can start digitally printing money. Faster, more control. All they have to do is crash the fiat and change everyone over to CBDCs.
What does this have to do with PMs?
Soooo, the people that know that fiat is going to be crashed are looking for an exit.
And people with a lot of money that want a lot of gold do not pay the street price. The rumors (everyone signs an NDA) are that billionaires are paying over $10,000 an ounce for gold, right now!
Now, millionaires are trying to protect themselves. The stress on the market is getting insane.
Retail is even trying to protect themselves. They had to let silver run from $30 to over $100 to cool that down.
The buying will get more intense, and unless the COMEX has a lot of supply hidden, the price is going to break out, and may even start reflecting market demand. And China trying to open a metals exchange will not make this easier.
Imagine gold instantly going to $10,000 an ounce, because that's its current real price. Imagine the price of silver.
Silver is more valuable than gold
Gold is the gold standard of precious metals as monetary value.
But what about silver? Silver has always been the "poor man's gold".
Imagine a world where silver becomes VERY valuable because it is needed. Nothing else like it. No other element does what it does.
This is becoming reality. People are starting to find the properties that will develop an entire new industry. A new industry that will make most of what we invented seem childlike. Play toys. Things like med-beds, telepathic communication, healing, including just getting rid of cancer. Computer interfaces will take a huge leap. And all of this needs silver.
Gold is just a pretty yellow metal that has very few uses that are not just being pretty.
Silver is already industrial material with the second most uses , after oil. Add to that a demand, all the new, MUST HAVE uses, and we will probably see silver at 1:1 with gold.
Silver will be extremely valuable in the near future.
The $1000 per ounce for silver, will probably be just the start.
The problem is, that we see $1000 silver in terms of today's dollars. And, we are coming to the end of the dollar, well, the fiat-petro-dollar. (a new dollar may be created)
$1000 silver doesn't sound too good if bread is $1000 a loaf.
I believe that the move up in silver will be before the fiat collapses, but the real move up in silver will be during.
Silver is about to be so valuable, that countries won't let it leave their borders.
Countries will demand that you sell your silver to them. I doubt that there will be confiscation, except for police raids where they take all the valuables. There won't be any confiscation like they did with gold back in the 1933, because that will just send all the silver into hiding. And it will be too valuable to allow that to happen.
So, instead, there will be govern-cement vans sitting in grocery store parking lots offering money for silver.
Buy silver! Even at $58 (today) silver is a steal.
Also, buy food. I wasn't kidding about the price of bread.