The current rush to buy gold and silver is an expression of humanity LOSING CONFIDENCE in fiat currency. Educated and respected people have been saying this for years. This is not news. Humanity will look for currency exit doors. One day we will hear "fire" and there will be a rush to the doors. The yelling has begun. The yelling of "fire" will be heard by people with the most paper money and influence first. Eventually, however, we be unable to move paper money into tried and true assets because the exit doors will be shut and those left with paper money will burn. Welcome to the reset. Let us hope the reset is not CBDC. Central Banks Digital Currency. If we shift to CBDC I fear our independence will be severely hampered. We will become monetary robots, and we will be conditioned to accept it because it will be easy, and there won't be a choice. Fiat currency is a similar control of humanity, but with paper. Unorganized, petty crime will be reduced, but organized crime will flourish. You can define organized crime because BANKS will be in charge and all they care about is themselves, literally, at the expense of others.
The current rush to buy gold and silver is an expression of humanity LOSING CONFIDENCE in fiat currency. Educated and respected people have been saying this for years. This is not news. Humanity will look for currency exit doors. One day we will hear "fire" and there will be a rush to the doors. The yelling has begun. The yelling of "fire" will be heard by people with the most paper money and influence first. Eventually, however, we be unable to move paper money into tried and true assets because the exit doors will be shut and those left with paper money will burn. Welcome to the reset.
Let us hope the reset is not CBDC. Central Banks Digital Currency. If we shift to CBDC I fear our independence will be severely hampered. We will become monetary robots, and we will be conditioned to accept it because it will be easy, and there won't be a choice. Fiat currency is a similar control of humanity, but with paper. Unorganized, petty crime will be reduced, but organized crime will flourish. You can define organized crime because BANKS will be in charge and all they care about is themselves, literally, at the expense of others.
Lots of panic in the precious metals,remaining calm and waiting for the market to settle down.
An $8000 gold floor will be in place before 2027, says Andrew Maguire.
Fundamentals have changed dramatically. The eighties were another story. Spoofing is done. It's Our time to shine!!