What Happens To Gold And Silver Next? Look Out Below?

Never say never.

We have nothing but time.

Sixth tallest in The City.

MrPink2018 can you explain what this move by the Netherlands implies and what you mean by the statement "the house of cards is wobbling."

Just trying to understand, thanks.

MrPink2018 you're not lying.

Please allow me to put it in a different way.

And this isn't just my opinion. This comes from a Gold and Silver lover, a trader and market historian that I follow closely. Someone with over 40 years in the market. A chartist and technician that analyzes the bejesus out of every single Bubble and Crash that's ever happened, and all the correlations between Gold and Stocks, and between Gold and the Dollar that lead up to these historic events.

Here is exactly what he said last week when he looked at all what's goin on in the market right now.....




And we all remember what happened in 2008 right?

May the force be with us...

i wasn't into coins & metals (or anything else of real substance-- except for maybe substance abuse, but I won't go there, stories for another time & forum), and things were a little different for me then, so I barely noticed the 2007/8/9 debacle, but I've done a lot of reading about it since. my take on the situation is narrow; I don't know everything, and there was a lot of stuff I simply skipped commenting on just for the sake of 'keeping it simple'. and, again, it was just my Two Cents.

i don't want to sound like I'm being a 'doom & gloom'er, but facts are facts and we have to look at them realistically. I'm in the trenches in the labor sector on a small island, but we here live under the same monetary regime & rules & laws as any other place in america; we won't be immune to whatever's coming, the effects of which are already felt, not so much from the coming situation itself, but from the set-up of it... policies that have overloaded the place with [what kissinger referred to as 'useless eaters']. I won't elaborate there, but there are simply not enough quality jobs here to sustain this population. it's difficult right now and it's going to get ugly sooner or later. one financial catastrophe away from bedlam. america seems to average a financial catastrophe every 10-20 years, maybe less than that. what was the last one? covid? 2007/8/9 before that? with 'minor' things in between? with so many underlying problems & the structural integrity of old paint, anything could give at any time for any reason. dig deep enough- or in some cases just scratch the surface- and you'll find human greed, every time.

so.... gold & silver... our lovely hedge, sooner or later will explode to the upside. keep stacking. hodl. I have been reading a book that gives a general reporting of the past hundred years or so of financial events. it's very interesting and it shows a very clear pattern which repeats. again: human greed. over the past 4-5 weeks I've been voraciously reading, finished 10 books in that time with my nose in several others. too much time on my hands lately and I figure I better fill it with something beneficial... so, brain food it is.




Harry, i'd be interested in following that individual. if you'd rather not announce it here publicly i'd be grateful for a PM with that info.

mac, I'm glad you bring that up. from all the reading I've been doing these past several weeks, it seems that trust is consistently broken in the lead-up to every financial catastrophe (and then some). you'd think people would get tired of the constant gaslighting. you'd think that everyone would have had enough of the corporate greed & political obfuscations, but apparently not. for every 10 families tossed into the street from their homes a banker in a tower somewhere sips champaign and has a laugh over it.

there are a handful of schemes currently underway for various currencies- actual, digital or crypto- to be backed by gold. whether any of them become something substantial remains to be seen.

as JP Morgan famously stated in testimony to Congress: "Gold is money. Everything else is credit."

and as I told the CEO of First Pink Savings several years ago: "Gold is money. Everything else is just a scheme to relieve you of your gold."

trust? let's review somewhat:

panic of 1873, panic of 1893, panic of 1907, jekyll island, WWI, crash of 1929/depression/gold 'confiscation', WWII, bretton woods, nixon gold window closed 1971, recession, oil shocks, recession (there have been many), hunt brothers, savings & loan debacle, crash of 1987, vatican bank, Enron, LIBOR, dot com bust, 2007-9, LTCM, Black Rock/Vanguard/State Street, Covid....... Great Reset? (numerous other things I have left out)..... trust?

gold and silver are poised for a moonshot. time will tell whether that actually happens. I would rather put my trust in those metals than in the schemes of those who- for their own benefit- consistently lie about money (in order to take yours).

position yourselves accordingly.

(steps down from the soapbox)

No problem MrPink but I'm afraid this guy isn't what you might be expecting. Unless your a chart geek and an active day trader like me.

His name is Tim Knight, he specializes in Technical Analysis, (or to put it in the words of those that aren't well versed in the mechanics of the stock market) he studies multi colored graphs with a bunch of arrows, lines and fancy acronyms. Thousands of them.

So you'd have to sit through hours of boring videos and hundreds of stock charts to get to the stuff I mentioned that you'd be interested in. Which for me is not a problem since I already do that.

But he did put a few of his precious metal 'Ratio' charts at the very end of one of his videos this weekend, comparing equities to precious metals, so you're in luck.

If you'd like to learn more about him go to his About Me on his web page called SlopeOfHope as soon as you search up his name in google all his stuff should come up including his youtube videos.