Silver
Gold
This morning in Hong Kong trading Silver has broken through $40/ ounce, Gold has broken through $1465/ounce. The Gold/Silver ratio now sits at 36.53.
Silver is now only 20% below it's all time nominal level set in 1980. As I have stated before, this is not speculation. This is inflation and a flight to quality. The dollar and fiat currencies are not worth investing in. This is not financial advice. This is empirical evidence and observation. Quantitative Easing has been a total bust and has only further increased speculation in commodities and thus driven up inflation. You need to prepare, because we aren't far from the time when the curtain hiding this mess falls revealing all of the machinations and contortions that the economic policy makers have been weaving. They have failed and we are living through the effects of a Ponzi scheme economy.
Commodities will climb further from here. We are to the point where those who hold short positions in precious metals are going to have to start paying the piper. The short squeeze is on. You won't believe where this will go, especially if you haven't been paying attention or you are in denial. If the central banks try to suppress these tangible assets, it will further drive a stake into fiat currencies such as the dollar and momentum will feed off of itself and move towards even higher inflation until it spirals out of control. It is time to demand a stop to these poor economic decisions. It is time that our government take back the reins of the dollar and get control of our money supply (our currency - the Dollar)!!! Where is the accountability?
No comments:
Post a Comment