Things are speeding up in the gold world, are they not? My personal theory on silver is that the multi decade suppression on silver to eliminate its monetization will end in its re-monetization and eye popping prices. Despite all the diversions and deceptions and lies the value of silver in the hand, like its big brother gold, will become ever more valuable as it becomes universally trusted as real money again.
Ultimately money works as only as long as it is trusted. When a currency fails (as it has 3,800 previous times) a point is reached when it buys less each day or week or month leading the population to start trusting other stores of value usually hard goods and physical gold and silver. Then the panic to transfer paper money into any real asset accelerates. Like Hemingway said "slowly at first, and then all at once". And yes it can happen even in America and the math says it will.
As a stacker I've always done pretty well at ignoring the USD price regarding silver but with gold going 3X since 2010 and silver still NOT taking out it's nominal ATH's, it can bring you to question your sanity.
I know history says that you on DEAD ON right, so you definitely have that on your side.
And just like the majority of silver stackers, I'm not stacking it for wealth, I stack it for survival.
I certainly hope that you and history are right!
They way it's looking fiat UNBACKED paper may finally die this year.
Your sanity isn't in question , and whether in possession of all of your Marbles - or none of them , there's nothing any of us can have done to stand in the way of the industrial scale manipu;lation and price suppression that's existed
for the past 170 - 180 x years ( & counting ) - and which we must all be on our knees and praying comes to an end by the end of this year or much sooner if humanly possible .......Amen to that & bring it on ..!!
We all are thinking survival at first I think! At worst silver, due to dwindling supply and accelerating industrial demand will at the very least make nice modest gains. The significant actions supporting the 5x-10x outcome narrative is the violent and intense nature of bullion bank shorting. They are acting scared of letting silver go without repression. Things might get interesting! Wish you the best my friend!
Silver is the monetary metal of day-to-day commerce. Much more practical and important historically as money for daily transactions. It can easily replace fiat / CBDC when it runs and highlights how superior it is to government trash currencies.
When the shit does finally hit the fan ,and the extent of the suppression and manipulatiion that's taken place all this rtme - coupled with the completely out of balance and un-sustainable Supply - Demand scenario is factored in as well .....then rather think you can rule out any " Modest " gains as Silver will be out of the gate at unabated speed and headed
straight to the finish line and huge price multiples of what it's at now .
Agree with your points Simon and my hope is for modest profits in silver 3x-5x but I hold it because logic says much more as you say "when money dies". We shall see how things play out but either way our families are protected.
Global Systemic Collapse will ultimetely re-price Silver - if not vartious of the other black swan's that are flying overhead at the moment .
Can't understand why you say - " Can't see this population ever using Silver as money " The simple fact of ther matter is that they'll have to when shop-keepers will no longer acept worthless paper garbage money in payment for real things ....END OF ...!!
Personally - I don't think that anyone with a degree of common sense and with a working knowledge of Silver as a monetary metal throughout history - has ever ever in their heart of hearts ever thought of it in any oher way than as the monetrary metal it's always been .
In real terms ' Silver ' has been manipulated and supressed in the most blatant and egregious manner since ' The Opium Wars ' of 170 - 180 x years ago . ' We ' ( The British ) have much to be ashamed of as regards what went on back then ( & since ) - ' BUT ' the Chnese have exceptionally long memory's - such that " Revenge is a dish best served Cold "
will be seen by all as exactly the case when China ( as you've correctly intimated ) get their own back by restoring Silver too it's rightful place ....which for me is actually above Gold .
It's amazing to me that the schene lasted so long. Since OTC derivatives are opaque and unregulated, they no doubt contributed to extend the time to collapse or TTC.
David Dubyne says we are about 7 weeks away from empty shelves due to container ship rerouting and cancellations. When normal channels of distribution fail, what will the price of anything be?
Start growing moringa in your back yard if you live in southern climes..
It's not just David Dubyne noting all of the up-coming supply chain disruptions that are coming soon as sure as night follows day ... litereally hundreds & hundreds of other sage analysts and pundits having been saying the same for years ( Bill Holter at least 12 x years ) .
Add tio this the deliberate destruction of farming and agriculture in most all western
countries by Governments / WEF / WHO and the Corporate Mafia ( De-population agenda writ large ) and you've got the makings of ' The Perfect Storm ' ...coming to a Cinema near you real soon .
Yeah. The days are numbered for unbacked global fiat and it’s being accelerated by the magnitude and of sovereign debt spikes as we’ve seen lately. Tic Toc.
If we add zeros to the price of gold and also get a reversion to the pre-Opium Wars Chinese silver-to-gold ratio, it’ll be the stacking event for all ages.
Even we ugly chaps will get dates. Every distopian fiat currency collapse future has a silver lining.
YES - Bodies , and hopefully swjnging in the wind down Threadneedle Street and outside of that round tower in - CH-4002 Basel , with the likes of Mark Carney and Agustin Carstens amongst the first to feel the noose around their necks ....although where Carstens is concerned - his lampost will need to be strengthened mightilly for fear that his massive bulk would bring down the lampost if not first beefed up
Another excellent piece of analysis - Thank you David so very much .
1. " International trade settlement with naked fiat currency will become very difficult in the future " - Surely must rank as one of the understartement's of the year ..
2. Just how massive ( or not ..?? ) will Basel III and its contingent NSFR requirements have upon the US bond markets / the solvency of all of its banks and all other GSIB banks world-wide when it has to be applied in the USA - and will this be the trigger that finally puts the last nail in the coffin of this seeminly endless and ongoing ' Ponzi Scheme ' . A number of conflicting opiniions on this one abound - Would value your views as to whether this will be the trigger for global systemic collapse OR - if it will be just yet another ( very significant ) speed bump on the road to the inevitable.
Things are speeding up in the gold world, are they not? My personal theory on silver is that the multi decade suppression on silver to eliminate its monetization will end in its re-monetization and eye popping prices. Despite all the diversions and deceptions and lies the value of silver in the hand, like its big brother gold, will become ever more valuable as it becomes universally trusted as real money again.
Sincere question, who or what will revalue silver, countries/central banks are/ have revalued gold, not silver.
As of yet the people have not moved the price of gold 1 cent, it's all because of the major players so how or what will make silver rise?
I'm a stacker so I understand all the arguments/ theories and reasoning .
Silver hasn't been used as money, which I fully understand and would argue that it still is, since 1964.
So I just can't see this population ever using silver as money even in a mad max scenario.
So if the industrial use remains the reason without the monetary use coming into play, in particular in a world wide depression
What is the driver for silver moving forward?
Silver and gold have a 4,000 year history as money.
When Venezuela had its Bolivar crisis a few years ago, you could buy a months food supply with 1 oz. of silver.
Precisely ..!!
Ultimately money works as only as long as it is trusted. When a currency fails (as it has 3,800 previous times) a point is reached when it buys less each day or week or month leading the population to start trusting other stores of value usually hard goods and physical gold and silver. Then the panic to transfer paper money into any real asset accelerates. Like Hemingway said "slowly at first, and then all at once". And yes it can happen even in America and the math says it will.
Thanks for the answer and responding.
As a stacker I've always done pretty well at ignoring the USD price regarding silver but with gold going 3X since 2010 and silver still NOT taking out it's nominal ATH's, it can bring you to question your sanity.
I know history says that you on DEAD ON right, so you definitely have that on your side.
And just like the majority of silver stackers, I'm not stacking it for wealth, I stack it for survival.
I certainly hope that you and history are right!
They way it's looking fiat UNBACKED paper may finally die this year.
God help us all!
Your sanity isn't in question , and whether in possession of all of your Marbles - or none of them , there's nothing any of us can have done to stand in the way of the industrial scale manipu;lation and price suppression that's existed
for the past 170 - 180 x years ( & counting ) - and which we must all be on our knees and praying comes to an end by the end of this year or much sooner if humanly possible .......Amen to that & bring it on ..!!
We all are thinking survival at first I think! At worst silver, due to dwindling supply and accelerating industrial demand will at the very least make nice modest gains. The significant actions supporting the 5x-10x outcome narrative is the violent and intense nature of bullion bank shorting. They are acting scared of letting silver go without repression. Things might get interesting! Wish you the best my friend!
Silver is the monetary metal of day-to-day commerce. Much more practical and important historically as money for daily transactions. It can easily replace fiat / CBDC when it runs and highlights how superior it is to government trash currencies.
Exactly - perfectly put .....Can't Wait
When the shit does finally hit the fan ,and the extent of the suppression and manipulatiion that's taken place all this rtme - coupled with the completely out of balance and un-sustainable Supply - Demand scenario is factored in as well .....then rather think you can rule out any " Modest " gains as Silver will be out of the gate at unabated speed and headed
straight to the finish line and huge price multiples of what it's at now .
Thanks Gregory, God be with you and yours as well!
Exactly So - If anyone hasn't as yet , then learn all you can by looking into
the collapse of the Weimar Republic in 1923 ......Tells the story of what we're staring into the face of right now .
GOOD BOOK - " When Money Dies " by Adam Ferguson .
Agree with your points Simon and my hope is for modest profits in silver 3x-5x but I hold it because logic says much more as you say "when money dies". We shall see how things play out but either way our families are protected.
Global Systemic Collapse will ultimetely re-price Silver - if not vartious of the other black swan's that are flying overhead at the moment .
Can't understand why you say - " Can't see this population ever using Silver as money " The simple fact of ther matter is that they'll have to when shop-keepers will no longer acept worthless paper garbage money in payment for real things ....END OF ...!!
I don't know if you are in the USA but this population lined up for the death shots during the covid SCAM !
They are NOT deep thinkers, FAR from critical thinking, so NO, I don't think that they have the capacity to view silver for what it IS, MONEY!!!
I'm not saying that other drivers can't/won't make silver go higher
But this isn't 1980, that population wasn't that far removed from silver BEING actually what it is, money!
Personally - I don't think that anyone with a degree of common sense and with a working knowledge of Silver as a monetary metal throughout history - has ever ever in their heart of hearts ever thought of it in any oher way than as the monetrary metal it's always been .
In real terms ' Silver ' has been manipulated and supressed in the most blatant and egregious manner since ' The Opium Wars ' of 170 - 180 x years ago . ' We ' ( The British ) have much to be ashamed of as regards what went on back then ( & since ) - ' BUT ' the Chnese have exceptionally long memory's - such that " Revenge is a dish best served Cold "
will be seen by all as exactly the case when China ( as you've correctly intimated ) get their own back by restoring Silver too it's rightful place ....which for me is actually above Gold .
It's amazing to me that the schene lasted so long. Since OTC derivatives are opaque and unregulated, they no doubt contributed to extend the time to collapse or TTC.
David Dubyne says we are about 7 weeks away from empty shelves due to container ship rerouting and cancellations. When normal channels of distribution fail, what will the price of anything be?
Start growing moringa in your back yard if you live in southern climes..
Your point is well taken.
I would also recommend relocating away from high density cities in general as the fiat regime unwinds.
Yes - re-locate and get rural as soon as you possibly can - as this whole shit-show
could literally collapse at anytime . Snowflake , hits Snowpack = Avalanche and obliteration of the village in the valley below .
Point taken.
the currency issue is going to impact much sooner.
Agreed
It's not just David Dubyne noting all of the up-coming supply chain disruptions that are coming soon as sure as night follows day ... litereally hundreds & hundreds of other sage analysts and pundits having been saying the same for years ( Bill Holter at least 12 x years ) .
Add tio this the deliberate destruction of farming and agriculture in most all western
countries by Governments / WEF / WHO and the Corporate Mafia ( De-population agenda writ large ) and you've got the makings of ' The Perfect Storm ' ...coming to a Cinema near you real soon .
Yes, but David has put a close to now time line on it. Yes, it is coming soon.
Yeah. The days are numbered for unbacked global fiat and it’s being accelerated by the magnitude and of sovereign debt spikes as we’ve seen lately. Tic Toc.
If we add zeros to the price of gold and also get a reversion to the pre-Opium Wars Chinese silver-to-gold ratio, it’ll be the stacking event for all ages.
Even we ugly chaps will get dates. Every distopian fiat currency collapse future has a silver lining.
There will be bodies as the BoE / BIS central bank gold and currency scam unwinds.
YES - Bodies , and hopefully swjnging in the wind down Threadneedle Street and outside of that round tower in - CH-4002 Basel , with the likes of Mark Carney and Agustin Carstens amongst the first to feel the noose around their necks ....although where Carstens is concerned - his lampost will need to be strengthened mightilly for fear that his massive bulk would bring down the lampost if not first beefed up
So sharp and visionary view
Another excellent piece of analysis - Thank you David so very much .
1. " International trade settlement with naked fiat currency will become very difficult in the future " - Surely must rank as one of the understartement's of the year ..
2. Just how massive ( or not ..?? ) will Basel III and its contingent NSFR requirements have upon the US bond markets / the solvency of all of its banks and all other GSIB banks world-wide when it has to be applied in the USA - and will this be the trigger that finally puts the last nail in the coffin of this seeminly endless and ongoing ' Ponzi Scheme ' . A number of conflicting opiniions on this one abound - Would value your views as to whether this will be the trigger for global systemic collapse OR - if it will be just yet another ( very significant ) speed bump on the road to the inevitable.