Last week I posted that I had met my stacking goals for 2021 with 50 ounces added to the stack.
So it seems I have become an old creature of habit, same old same old. As such, that means every Wednesday I find myself at the coin shop.
Without even thinking I found myself parked outside of the coin shop. It's as if my brain is on autopilot and yet there is that nagging feeling that something is amiss in the world.
I keep hearing this little voice whispering in my ear "buy silver you moron!"
You would think that my little voice wouldn't refer to me as a "moron" but that is just how it is sometimes.
Note to self:
Time for the shiny stuff.
Nothing fancy and sometimes that's how I like it. When I walked in to the store the clerk simply looked at me and asked $1.40 in face? I looked over the rounds and the Eagles, seeing nothing that struck my fancy, I simply nodded.
Again, apparently I am a complete creature of habit, so much so that when I walk in my order is already being filled before I can even say a word.
So why keep stacking when I have already met my 2021 goals?
I do not trust the banks. and you know what, the banks do not trust the banks.
Take a look at the Fed Repo market for today.
Bookmark this link to follow the fun and the destruction of the currency.
The banks parked $990,000,000,000.00 (that is $990 Billion dollars) in the Fed.
Folks when you here in the next few weeks about banks buying back their stocks, you will hear the whoosh of liquidity disappearing.
Just as fast as the Fed is printing cash no one is borrowing any of it, except perhaps to invest in the stock market.
Stack on! Peace out!
