THE GREAT SILVER BREAKOUT
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My first thought was that 1180/oz would make me rather wealthy. My second thought was that the cost of bread in the Weimar Republic in 1923 went through a similar "increase" in value.
That debasement was controlled, effectively, by JP Morgan, and behind the scenes by families Rockefeller and Rothschild. And they did it by controlling both sides of that revaluation (see the short and long silver interest by JPM).
Exactly as appears to be happening in the US today using silver as the bomb.
pay off a fixed rate mortgage rather quickly
There is that. Unfortunately(???), I don't have one of those.
Right now we hold the same amounts. Until my delivery. A 90 percent silver junk dime is worth 5 bucks plus
If you had 1oz of silver to spend in the Weimar Republic during the hyperinflation phase you could have easily bought a week's worth of groceries for a family of four with it.
Maybe a months' worth.
Amazing, isn't it? And the European central bankers who own our money are doing the same to us right now in real time.
No amount of paper will get you one silver dollar when it all finally goes sideways.