Loading ...then for those that believe gold & silver are relics, there’s buttcoin, for they have complete faith in the casino and really believe something with no intrinsic value is going to make them a fortune. Hello Bernie Madoff.
*****************************
To sum up, gold’s technicals are improving and silver’s are so positive that you have to wonder if there’s a catch, though what that would be isn’t obvious.
What’s the catch?
The catch is the bullion bankers and the regulators, with the schmoozing coverage of the financial press.
Silver currently has a potential moonshot building beneath it, but it all depends on the actions of the usual suspects. That’s the catch.
******************************
Both metals will be rising rapidly when the central banks collect enough gold to save their asses when the banking system fails, along with fiat currency. ‘Debt jubilee’ will be a giant hike in the price of gold to cover their absurd amount of derivatives.
And if you’re dumb enough to believe commodity prices aren’t manipulated by the banking system / ESF, then do a quick duckduckgo on ‘fines for precious metal manipulation’, especially the ones where Doosh bank admitted to it, and publicly disclosed the emails on how they were doing it.
Watch the Shanghai prices start to drift higher from the crimex / lbma. Shanghai is delivery only, no fine print where they give themselves the option to pay in fiat.