Next great investment: Gold and Silver

pro analyser

EOG Dedicated
Amazing that jpm is custodian to slv despite paying 920 mill fine for silver manipulation. If you have slv change to pslv. slv backed 10z of silver to over 250 oz paper. pslv backed 1-1.
 

pro analyser

EOG Dedicated
Head regulator caught on tape talking about tamping down the price to help goldman.
He is still today's current chairman who looks the otherway.
 
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pro analyser

EOG Dedicated
Russian economist Sergey Glazyev, known for proposing the gold-for-oil exchange, has successfully achieved the triumphant victory.

He has successfully advised Russia to capitalize on silver's undervaluation relative to gold. This strategic move, just before the BRICS summit, positions Russia to massively benefit from the ultimate silver squeeze sticking it to US Banks.
Russia's recent move to add silver to its state reserves alongside gold, platinum, and palladium marks a significant shift in its precious metals strategy.

This decision, outlined in the country's Draft Federal Budget, proposes allocating 51.5 billion rubles annually for precious metals purchases through 2027. The inclusion of silver in this strategy is particularly noteworthy, as it represents a departure from traditional central bank practices.
The United States, having lost both gold and oil backing for its currency, now relies heavily on its global military presence to maintain the dollar's dominance. With hundreds of military bases worldwide serving as the primary bulwark for the U.S. dollar, America's economic strategy appears increasingly precarious in the face of evolving global financial dynamics.

Russia's decision to incorporate silver into its reserves will likely trigger a domino effect among other nations, particularly in the context of dwindling global silver inventories.

This potential trend becomes even more significant when considering the United States' historical neglect of silver, exemplified by its removal from circulation coinage. As other countries potentially follow Russia's lead, we could witness an unprecedented setup for explosive growth in silver prices. - Silver Academy’s Jon Forrest Little

The timing of this shift is particularly crucial, coinciding with the upcoming BRICS summit and the ongoing global de-dollarization campaign. As emerging economies seek alternatives to the U.S. dollar-dominated financial system, silver could emerge as a key player in reshaping international reserves.

The potential for a dramatic increase in silver demand from central banks and governments could create a perfect storm in the silver market. With industrial demand for silver already robust due to its critical role in green technologies and electronics, additional pressure from national reserves could lead to severe supply constraints. This scenario is further compounded by the fact that silver is often produced as a byproduct of other metal mining operations, making rapid increases in supply challenging.
As the BRICS nations continue to explore alternatives to the dollar-centric financial system, including the possibility of a commodity-backed currency, silver's role could become even more pivotal. Its dual nature as both an industrial commodity and a precious metal makes it an attractive component for any new reserve currency framework.
 

MrTop

EOG Master
The US will make bitcoin a strategic reserve asset which in my opinion will drop gold and silver down a lot


this is why michael sayor keeps saying BITCOIN is the exit strategy...he is in on it
 
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MrTop

EOG Master
trading going 24 hours in parts of the market the S&P , nasdaq 100 and along with hundreds of ETF's
 
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