Precious Metals New Thread 2.0

Funny my last post was on the US wasting money on stupid wars and here we go again...
Obviously T is in a loose loose position, start a war in Syria or let the dollar die.....
None of the globalist are willing to let the dollar die yet, but it's time is running out.
That's why the top threads here are how to get out of the dollar to protect your earnings...

I'm still tuning my labor into real physical assets...
I know it's a boring time for PMs but they are setting up for a good jump in price.
The net shorts are at a low and the silver gold ratio is maxed out..
When silver hits either of these the price always goes up...

So it should be a good time to buy and see short term gains......

 

I forgot about this gold mine, no pun intended.


Still selling people on the idea it’s a good time to buy silver just like a month ago, six months ago, a year ago, two years ago, and beyond? Thank god silver has had such great returns lately lol

 

yeah it's a slow burn, but if you need instant gratification hop on the crypto train...

Again only part of the puzzle..............................

 

U.S. and allies fire missiles at Syria in retaliation for suspected poison gas attack

Key word "suspected", isis is almost done in Syria and we had to strike to help them rebuild defenses...
The day israel bombed Syria isis had a coordinated counter strike the same day....
We are stuck fighter this war or let the dollar die....
It will take a committed assault for us to win this war, isis can do it by themselves...

Face it the dollar is fighting to remain relevant over seas...

Part of your plan needs to be to shield yourself from the coming inflation...

Will Russia retaliate? Don't know I'm 50/50....
War is a waste of money so I would think they will try to avoid it but at some point you have to do something...

 

Russia won't do anything. The only reason they are a player at all is because of their old soviet connections. If a real show down happened they would get exposed pretty quick for how insignificant they really are. Hell their economy is smaller than Italy's.

There are 3 major powers both economically and militarily in the world. The US, the European Union, and China. There is even a pretty big gap between those 3 but after that nobody even comes close.

 

The problem is our power base is the world oil supply and the Saudi's are running out...
Iran is the next biggest oil supply is about to come on line.
We need to control this oil to maintain our choke hold on the world with the petrol dollar. That's the only reason we are messing around in Syria.

If we were fighting Russia 1 on 1 you would be right, but we can't afford dedicate all our forces on just Russia. Plus Russia has superior air power, electronics and is allied with China. That's the reason we can't set up no fly zones in Syria. We can't really afford to get into a conflict with Russia, that's why we keep pushing little by little to hope they will just back down and give us the oil.

 

Many strange store closing, retail is dying....
No cut backs, no rebranding, no make over, just closing stores down.

I believe we need to have insurance to protect us from the debt and failing Petrol dollar...
PMs won't be so silly when the banks start closing again....

Ford to stop making all passenger cars except the Mustang

Subway, Rite Aid, Toys R Us, Teavana: Retailers closing the most stores in 2018, so far

Sears is closing more stores — here's the list so far

Here's a list of where Walmart is closing more than 60 Sam's Club stores

2 Madison Boston Stores among 13 in state that could close but Bon-Ton is looking for a buyer

 

Well, silver dropped below $16/oz again. Looking like a great time to buy on this dip.

Just keep a steady buying habit for your cost averaging.

 

Yeah great time to stack.
They went crazy 1000x more short just to knock the price down a little, something has to be going on.
Maybe some big dogs are buying physical and need to get the price down...

Starting to get some silver shield coins.....

 

Obviously, they don’t want us in PMs. Again, silver below the $16/oz today. Not sure how much lower they are going to drive it.

I don’t believe we will touch the lows of $13/oz but nonetheless, something is coming down the pipeline.

Housing is up 8.8% higher than peak of 2006.

Not sure how much higher we can go, especially considering how wages have not kept up with inflation.

 

These PMs are a super tough grind.
But again PMs should only be part of your plan and only invest what you can hold long term.

But the money is still breaking down, the debt is still crazy and countries are still slowly moving away from the dollar.
( tariffs are really inflation ) ( oil shortage was really inflation, when we changed to the petrol dollar )

The signs were pointing for a jump in price but we got a tanking.....
So buy out the bottom, all the reason to buy are still here and only getting stronger...

There was just a report that finally admitted that the cost to mine gold is 1150-1250 an ounce.....
This is easy to prove on publicly traded companies....
The cost on silver is around $70-90 an ounce... with both long and sort term liabilities...
They lie about the mining cost so people will still buy stocks.
Every time the price drops they claim their cost is going down even with declining yields and increasing cost...

We still have a good 5-10 out........ We were still hoping for the first leg up, but................

 

So this is a long grind, but we are just putting some away for the future. All the reasons to get get PMs are stronger than ever. Top investors buy hated assets and PMs are hated. But circumstances are slowly turning towards PMs.

1. China has set up their gold exchange
2. the debt is still crazy
3. they are still spending money they don't have
4. they finally had to raise rates
5. the democrats have turned socialist
6. market has finally corrected ( crazy over inflated market needs to normalize)
7. we lost the the proxy war in Syria and are pulling out (opening up the Petrol Dollar to competition)
8. China has set up the Petrol Yuan (reducing the demand for the Petrol Dollar)
9. Trump is suppose to be anti fed (no real proof yet)
10. silver and gold miners are running on fumes barely staying afloat
11. less PMs are available to mine
12. mine production is going down
13. peak PMs has past
14. The gov is out of money
15. Government shutdown because they keep running out of money

Every reason to buy PMs are the same as when I started this thread and now the "conspiracies" are coming true.

Everyone is hot on cryptos, they are the exact opposite of PMs, based on nothing, unlimited production, have no value, have no use, all digital, highly controlled, easy to track and can be turned off or stolen with the click of a mouse. They are like "stocks" with no rules, that's why there were invented, to steal money from investors.

There are only so much physical metal in the ground and everyone knows palladium and silver will be the first metals to become extinct.

So in this digital world I still believe in hard physical assets for the long run as part of the plan.

 

We'll know soon ...

 

Just revisiting this glorious tidbit... three and a half years of being wrong wrong wrong... When will you ever learn Stevie...?

I think if everyone took your advice and did the exact opposite they would be far better off..........

 

The major correction has not yet happened. Yes this charade of fakeness has gone on a lot longer than anticipated, but it will come to fruition at some point.

Matt, you probably didn't think the '01 and '08 corrections were going to happen before they did.

 

That’s the point. Nobody can predict major corrections with any reliability.


And yet Stevie wonder has been extremely reliably predicting a major correction for the last four years. With nothing to show for it. Sure he’ll be right eventually, but what’s that saying... “even a blind squirrell finds a nut eventually”?

As long as he’s posting major correction/hyper inflation/death of the petrol dollar predictions based on YouTube videos and conspiracies, I’ll be here reminding everybody how long and how badly he’s been wrong time and time again.

 

PMs have nothing to do with the market crash.
They are 2 different events.
It's more for planing for the fall of the dollar or getting into the next big investment.
Silver is money but they are trying to pretend it's not but they are shorting it 900 to 1.
When they stop or loose control of the shorts it will take off like crazy.

People love cryptos because they love the idea of PMs but are too lazy to get some. So they get suckered into fake digital PMs.

And I have been right about everything so far...

It's still building.... it's all still on track.... just taking a long time... Just like I said it would....

 

The delusion is real. This thread is always good for some chuckles

 

Gold Breakout?

 

Patience. Keep stacking