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.
Why?
Partially due to mandates recently set by China, India, Indonesia etc.
👇👇👇👇👇
https://youtu.be/INoWdAW0DMQ
Another reason why it's going skyhigh: https://silverwars.org/
And similar to that, Samsung is Going into production on their Lithium ion-crushing silver battery.
Because of Silver, you get these improved performance characteristics:
Samsung’s Silver Solid State Battery Technology: 1 Kilogram of Silver per Car
Do YOU know the difference between MONEY and CURRENCY?
Required watching - Rated G - Educational & entertaining: Hidden Secrets of Money ALL EPISODES
Feeling pretty good about stacking at $14-17 right now... and buying in at $47 seems like it could have already peaked... but I don't think so.
You have to keep in mind that when silver and gold go up in price, for the most part - but not completely, due to increased industrial demand, it's going up because the paper USD currency buying power is yet again, going down.
Stacking PM, for me anyway, has been primarily about wealthy preservation vs leaving FRNs sitting in a bank. However there ARE ways to "invest" in a single coin and grow it by following the 80/50 rule, alternating trading gold for silver and vice versa as the markets rise and fall.
This isn't the video I wanted, but it illustrates the point: Dealer Reveals Gold Silver Ratio "Trick" All Stackers Should Know
Don't put all your eggs in one basket...
Keep in mind that ALL currencies are inherently worthless, including crypto currencies. You should really watch Mike Maloney's videos on money to understand why I say that.
You want PHYSICAL gold or silver that you can hold in your hand and feel the weight of it. Don't buy silver or gold paper... it's ratioed out AT LEAST 5:1 right now and will probably get worse in the next few months as silver takes off. That means they have sold 5x the number of silver IOUs on paper vs what they ACTUALLY have in physical... so don't fall into that trap.
Also...in recent times, they've begun permitting gold/silver to be used in IRAs. READ THE FINE PRINT!!! This does NOT allow for physical gold/silver - paper ONLY! It's pretty messed up and creates a lot of confusion for people that don't know.
Self reliance is the way. You acquire physical. You manage, store and protect it... and you keep your mouth shut about it. You don't tell your broker/financial advisor about it or anyone else. It's none of their business. Welcome to old school stashing and wealth preservation. It's everything the herd isn't doing and everything your great grandparents would do.
Don't wait too much longer... everyone should have at least some... and it's gonna hurt a little at first, but as time goes on, you'll thank yourself.
The best way I've found to acquire physical has been using an online retailer. Avoid coin shops, eBay, marketplace etc until you understand what the pitfalls are and what you're doing.
Understand what spot price, melt price and retail/premium prices are for a given item.
Most start with silver eagles. After a while, bars... small bars first, then later - whatever is cheapest ounce for ounce.
You are NOT buying PM to trade for a can of soup in some distopian walking dead scenario - so get that bullshit idea out of your head. You're preserving your labor/energy/wealth so that it won't be completely wiped out if there's a financial reset. When the dust settles, you'll have a nice little nest egg to start your life up again. YOU own it... you control it...No middle men or thieves in between.
u/#catdance
EDIT Here's that video: https://youtu.be/x9xNdbYNp9g