I have been on this earth for half a century now. I’ve witnessed many things from gas shortages in the 80’s. Yep, you’d wait in line for hours and pray they still had gas’s left when you got to the pumps.
The Hunt brothers in the 80’s also. If you don’t know the story, please look it up. Basically they tried to corner the silver market. They failed miserably in the end. One because they were way to vocal about it, two they went about it wrong. But JP Morgan is the new 2000’s version and they’ve learned from the Hunt brothers mistakes.
I’ve also lived through the dot com explosion and implosion. Luckily I am very conservative and pulled out of the market before hand. I know many people that lost just about everything during that. I hope they all learned from it, because this current market won’t last.
I have been involved in two moon shots of silver already. Fortunately my timing on both worked out very well for me. The first one was my down payment on my house. The second was a ten day Mediterranean cruise with an addition week in Rome.
There is no way this current wave can last much longer. How long exactly, is unknown. But if you aren’t hedging your money with bargain basement prices on metals, you will be very sorry in the near future.
The buying power of all fiat is dwindling on a daily basis. Everything is costing more and no one is getting a raise to compensate for these increases.
I’m just the two days following the Fed speaking gold dropped over $100 and silver over $2. That’s ridiculous. The Fed couldn’t find water if they fell out of a boat in the ocean. Yet they talk about inflation and rate increases and metals get pounded.
Unless they are dooping us all and buying tons of metals for themselves. Nah….they are morons.
I hope you are all prepared for the world to change in a BIG way in the next several years.
