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

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)