Metals have broken out so aggressively, the European and US central banks are no longer able to suppress them by shorting futures.
Currency is being exposed.
BRICS+ nations have been buying physical gold like there’s no tomorrow. Tomorrow? Who knows?
crazy, it has been a long time since I saw a dollar up day in silver. must have been at least 12 years.
I will probably sell 1000 oz if it gets back up to 49.67
The Biden Administration been debasing the dollar with insane spending and unimaginable deficits, resulting in high inflation—
and the Fed has been debasing it even more with massive irresponsible money printing!
Copper’s been on a tear and I’ve been enjoying the ride with FCX and TGB.
Could never figure out how to buy it without getting ripped off. I suspect Lear Finacial, Birch Gold, Gold Line, etc. are all ripoffs.
Bidenflation is 18%, gold going up 19% doesn’t seem like much of a breakout to me.
Time will tell.
FR Gold & Silver Ping list!
Interesting way to word the collapse of the value of the dollar.
All I can say is that my Dad saw this coming (PM prices sky-high) and it’s a d@mn shame that he had to go and die on me in 2020 and miss this!
My advice? If you NEED to, sell your Gold before your Silver. Silver is JUST starting to break out.
Now, President in Exile Trump will be RIGHTFULLY re-elected in November and ruin it for all of us Goldbugs, LOL!
(J/K! MAGA all the WAY, Baby!)
“One Bank [Finally] Says Quiet Part Out Loud On Gold Manipulation”