Premiered 3 hours ago
The Global Banking System is on the Verge of Disappearing into a Black Hole of Debt \
The Fed has been distorting reality since 2008 by bailing out all companies, especially banks and hedge funds indirectly by buying toxic debt and allowing walking dead companies to borrow near infinite amounts of money at insanely low interest rates.
It has cannibalized a century of future growth which will be paid for by our children with massive depression. While their actions have greatly enriched the top 5%, the common man has gotten crumbs falling off the table.
They have been smart enough to create the giant silver & gold ETFs GLD and SLV which greatly tempers demand for physical metal enabling them to crush gold and silver at will when they need to such as today.
The popularity of crypto has also luckily for them reduced demand for gold & silver but this fad seems to be running out of steam. As the great warren buffet said, “when something you want gets cheaper, be HAPPY because you can get more of it for less.
Today there is a near infinite amount of dollars whereas gold and silver are finite. No one knows exactly when but owning some physical gold & silver or the funds PHYS PSLV which are audited are likely to pay off well in the next few years.
Bull markets are made when everyone hates that market and certainly gold and silver are hated by most amazingly in this era of dollar debasement, overprinting and mismanagement.
The shift of dollars to the middle class creates massive inflation & regardless of what banks tell you, gold does very well in a rising interest environment. In fact, the highest gold prices ever recorded in 1980 (app 2900 in todays dollars) occurred when interest rates on cd’s were 18%.
My advice is to get some real physical gold and silver into your portfolio now, because few viewing this have any ,and once everyone wants it, there are trillions in paper to chase the price to the ionosphere !