Silver shorts struggle to contain the price as it punctures $44 five times in the last 10 hours, and threatens to pop to $50 (little apparent $44+ technical resistance once it closes >$44).
(media.greatawakening.win)
🏆 - WINNING - 🏆
It should be $300+ if all manipulated trading removed, but it is worth $1000+/oz by 2030, imo. More silver can be made out of "sister metal" palladium which trades >$1000/oz. Around 80% of all produced is being consumed by industrial applications, and this will increase. We should see more silver mines at $200/ounce, but current mines find it at 8:1, silver:gold.
It appears that silver can be extracted from recycled products and seawater using a Technetium (Tc) filtration process (elemental pair bond theoretical extraction method). Elemental pairs are equal and opposite on sides of Octave base element: https://greatawakening.win/p/19BtLArdrd/an-elemental-matter-part-01-soil/c/
Prometheuum (Pm) is gold's pair and it or its electro-chemical signature can pull gold out of seawater (theoretically) similarly to how Lithium is being extracted: https://www.aa.com.tr/en/energy/electricity/chinese-scientists-discover-method-to-extract-lithium-from-seawater/43683
Patent from 1900: "Method of extracting gold from sea-water." US679215A: https://patents.google.com/patent/US679215A/en
SEP2015; "Extraction of Gold (Au) Particles from Sea Water by Delftia Acidovorans Microbes": https://www.researchgate.net/publication/281714693_Extraction_of_Gold_Au_Particles_from_Sea_Water_by_Delftia_Acidovorans_Microbes
Only $300, when it’s $44 as-is and there are 360 paper silver certificates for every one ounce? I know the price wouldn’t go to 44 x 360 => $15,850 / Oz (which at 8:1 would have gold around $125,000 / oz, but $300 would only be a 7-fold increase for a lot of unwinding demand.
As-is now, $1000 to $3000 / oz in FRN doesn’t seem totally unreasonable. $450 seemed possible back at $15 / oz.
Honestly, I'm predicting it WILL briefly hit those absurd levels. You have to realize that once the giant global financial and political collapse happens, gold AND silver will skyrocket, not just because it won't be suppressed anymore, but because of FOMO, people of means rushing to protect themselves, etc.
I'm by no means saying that $15K an oz for silver and $125K an oz for gold is sustainable (its not), but for a month or two I fully expect it to sky rocket to some absurd level like that before settling back town into that 1-5K (my prediction) range longe term
What would you convert it to at those price ranges? Land? Obviously you wouldn’t want to liquidate very much of it.
Well realistically, it depends on the circumstances, but historically, when people possessed some asset that ran counter to everything else and was going up crazily while everything else went down, those who still had money would buy something physical with their massive cash piles. Land, real estate, buildings, physical businesses.
I've never understood people saying they wouldn't want to liquidate a lot of it at prices like that. That's like someone saying they wouldn't want to liquidate all of their bitcoin during 2018 or 2020. You just have to be smart and do research and not go into things blindly. Have a plan, scope out asset classes you're interested in, and buy up distressed assets at stupid low prices. As long as your smart about it, you could potentially be able to retire early if you have enough and invest the cash smartly.
I wouldn't sell it all in one go, batch sells are smarter at prices like that. Sell a batch, buy some kind of distressed cash flowing asset. Repeat until satisfied. Just because silver and gold are absurdly priced doesn't mean the value of a dollar has crashed to the point bread is worth a few hundred dollars or something. It just means the naked shorting has stopped and that people are fleeing en mass to safety assets worldwide. PLUS, the temporary highs would be more akin to a bubble pumped up by FOMO and other people trying to get in on the train while they can (like what happens with crypto frequently, but pumped up to 11).
Basically there's lots of factors to consider when something like this DOES happen. I've even seen some people far more autistic than I, claim $50K+ an oz for silver and a $1million+ an oz for gold VERY briefly based on historical precedent and bitcoin/crypto FOMO. I don't know about that high, but who knows? We're in unprecedented territory here
Regardless, there are things you can do to better your and your families life significantly in this situation if you play your cards right. Just have to be smart about it and not be one of those types who go around scoffing about "fiat dollars" and refusing to ever sell, even at absurd prices
Yes, it will take some time. I think we need a Basel IV ruleset change to incentivize physical silver acquisition by the banks to get them to flip from net short to net long. Central bankers and globalists absolutely DO NOT want silver being used as currency or currency-backing as it dilutes their gold monopoly and ironclad control. So it will take some time (and maybe more than a few short squeezes) to "re-orient" the current incentive structure, imo. Basel III ruleset (for gold) was likely a preview of what is coming for silver in 2026 or 2027.
It’s a little disturbing that all these rules are being made in the same place that caused the last set of problems….
(Basel)
I guess deals had to be made…