Silver possibly up to $144 in the next 4 months
Current spot price is $46.66. Already up 44 cents in the aftermarket trading.
https://www.jmbullion.com/charts/silver-prices/
Gold has increased in price by $680 over the last 6 months as well. Sitting at $3801 an ounce.
Silver increasing to $144 and ounce would be over a 200% increase from today's spot price. A 200% increase in gold price over the 4 months would put it at $11,390.
Gives new meaning to the Trump term, "Golden age"
President Trump's executive order allowing people to invest their 401k into precious metals starts in February. This could possibly send the metals markets to the moon.
People pulling money out of the stock market to reinvest in precious metals, the stock market could possibly tank. If this happens, it would be a perfect opportunity for Trump to make his move to end the Federal Reserve's control over our monetary system. Refusing to lower interest rates, uncontrolled debt, crashing stock market. Trump will argue the Fed Reserve has failed to live up to its promise to protect our financial system from volatility, which was the Fed Reserves stated function.
If silver goes that high it will be very interesting. Bitcoin will go down in an attempt to bring silver back to manipulation.
I randomly hit LCS (local coin shops) and bullion dealers to sell. I do not call like others do. If silver and gold are going up and the physical trading becomes more normal, why call? The market will creat a buy-back and spot price.
The numismatics will become less demanding if this shoots up. So many will be buying up rare coins and hoarding those.
The niche market I wish would be bigger within the silver is prefer collectible silver which has a higher premium. I am a nerd on things. However if silver shoots this high will devour the premiums I paid for mine but what I would like to see is these LCS and bullion stores accept that niche market.
For instance look up 2025 Cook Island $25 Ultra High Relief 5 oz .9999 Silver Proof Coin.
It is 5 oz silver so it will have that value but to compare that to a Golden Mint 5 oz round is like comparing a corvette to a pinto. Both are vehicles. :)
If the world is crumbling, why panic?