Below are good summaries of what the world is seeing and doing as the Dollar collapses as the world’s business currency. The BRIC countries are moving quickly to create their own currencies and using Gold, Silver, Bitcoin, and Oil/Gas to bolster their strength. The US dollar is certainly being dropped quickly. If you still haven’t moved your money into Gold, Silver, oil, gas, and maybe….. Bitcoin (I myself still twitch slightly at this idea), you may want to do so this week. Gold, silver, gas and oil are still going to be the best bets I think.
Anyway the US economy is about to finally stop the 2 year down hill roll, and go 90 degrees off a cliff soon. All the economic alarm bells are sounding so we shall see. Either way buckle up frens. Aug. and Sept. are going to be very hot. May God protect us all and give us strength to weather the Storm.
https://indianexpress.com/article/world/us-recession-alarm-wall-street-8044870/
Minimum. Based on the silver paper/silver physical ratio and the 1913 purchasing power, I believe it should be $5000/oz. Most accurate measure is gold:silver ratio price which likely will hit 15:1 with gold expected to $40K/ounce min once the FedRes collapses.