Part of my, "Killing me softly", slow death from being in the fascist corporate world, was the realisation that the increasing Global Debt was ruining the world in general.
I understand the whole argument of Universal Basic Income. However, the fundamentals of what a robust finance system should entail, needs a strong basis.
Anyway, as most people who lean toward silver, I just couldn't miss the fact that the commodity is just so cheap. For a useful element, to be kept cheap, something is wrong with the system.
If you haven't investigated Silver, I would recommend searching;
Here, is the meat of my post.. With the spiraling up of the Silver Price (something else you should look up), he believes, that the Price can no longer be supressed. That the price will reach between $100 - $600 per ounce!
That is based on the amount of money supply that has spiralled out of control & also the inability for the powers in charge to suppress the price anymore.
Here is John's article regarding Silver.
https://www.adamseconomics.com/post/george-soros-and-the-silver-moon-shot
So, for me, if the price of Silver reached $600 per ounce, then my small holding would be worth, a ridiculous amount.
It is daugnting for me to think that my little interest in Silver could pay such dividends.
John asked me why I felt daugnted.. well for me .. I never dreamed so big.
I asked him simply
"Do you think that profit takers will sell at the higher price, thereby, leveling or dropping the price"
He replied with;
"You don’t understand how the price is set. It is not what you think"
This comment is based, I believe, in his line in the report of;
"the current internationally recognised price of silver does not reflect the underlying physical demand and supply fundamentals of the silver market. Rather, the price of silver is being actively suppressed by the actions of the New York based COMEX futures market as well as the London Bullion Market Association (LBMA) and its member organisations (in particular the bullion banks and bullion refiners).
Accordingly, the physical demand and supply fundamentals of the silver market would suggest that the price of silver should be north of $AUD 600 per ounce, not the current approximate market price of $AUD 26 per ounce"
If the supression has existed so long, that the value of Silver is no longer related to market forces.
Wow, what does that say about the state of the global economy?
Is a significant shooting of the Silver price, something, that is of no consequence to the overall? Because the Silver market is so small, relative, to other markets?
Or is it symbolic enough to cause a major change in global affairs?
Whether you look at civil unrest, GLobal political tensions or a Pandemic, the world is in upheaval.
Commodities are doing weird things. People are doing weird things.
Our social structure is morphing into something new.
The old world vs the new world.
How do we get harmony with so many polarised comments?
Technology vs History.
Clashing ideologies.
Is Silver & Gold just mirroring uncertainty? Will their price return to lower levels if the world settles?
I don't know. But the stirrings of my research back in 2016/17 seems to be rocketing towards me at an alarming rate.
I had a conversation with a friend at the end of 2019.
I said, "I know the financial market are sick. But is the Global Financial Ocean so large? That is can swell with the pressures of the many problems?
Now, I ponder, when do I sell silver? Are we in the midst of a Cataclysm?
