Silver Is On A Tear Today

I need to do that for a coin. I just purchased, but I won’t simply because I know where silver’s headed in the near future. So I’ll pay for the coin from other sources and hang onto my silver.

 

Log in or Sign up to hide this ad.

I am going to melt all mine down.
I am going to build chip making presses in my basement.
I plan to replace the AI chip production in Taiwan.
Solved.
NEXT.




View attachment 1715956

 

The attachment doesn’t go anywhere

 

It is just another pic. I tried editing it out, but would not delete.

 

I live in Clay NY where Micron is building a chip fabrication facility 3 miles away. $100 billion series of 4 plants. Boom town.

 

POTUS now says ‘peace agreement largely negotiated’
Back to the rodeo fellow silver bulls

 

Unfortunately, how many times have we heard this… and even if “agreed”… how long will it truly last?
Real action over a real agreement over real time is needed. Not the happy words just to sate the markets.

 

If it does last silver will go up.

 

Quite true and agreed. However, the West believes Persia is “destroyed”. But, the Global South knows that Persia only needs to threaten the Straits to influence global trade and markets. They have found an Achilles Heal. The West needs to stop the chest thumping, and focus on long term strategic Global thinking instead of momentary news-cycle thinking.

Effect on PM’s: good time to watch and cautious buys. They are undervalued now.

In my opinion, I hold, not paper derivatives. Since Silver is not really a Currency, rather a Commodity, it is being price manipulated. Very few, if any, of the Central Banks are stockpiling. They have determined value density is too low to inventory huge monetary reserves.

Gold is Currency, slowly substituting Western Fiat. Central Banks are still deep into consistent Gold buying. They have determined a market floor, and it has not dropped below that. I am in for a longer haul, this is an opportune time, despite all the babble.

My thoughts…

 

I agree. The markets open tonight.