SILVER Is Super CHEAP! I Am Buying More!

in #money7 years ago (edited)

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I have had the great chance to meet the guy that led me to my 10-year long journey to the truth about money and economics. Mike Maloney! It is impressive to have the chance to hang out with whom I believe is smarter than any Ph.D. Keynesian economist! He talks a lot about the gold/silver ratio. He invests in gold and silver based on the ratio.

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Thanks to Dan from GoldSilver.com for the picture!

The ratio is not only a great way to buy silver cheap and then buy at the low in the ratio you can buy gold. This way you have the chance to accumulate more and more precious metals until the system collapses. The historical average lies around 15:1 this is based on the use of the metal in coinage before we took the precious metals out of money.

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Of course, this is my opinion, but the numbers don't lie. There is also another part of the ratio as well, and that is a crash predictor. It rises during crashes. Looking at Mike's chart below you can see that the gold-silver ratio crashes right after the major stock market crashes! The rise in the ratio predicts a coming crash. Now with today's ratio, we are way beyond the ratio which rises after a crash. Why is this happening? The ratio is trying to tell us that we should have had a market crash.

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Why haven't we seen a market crash? Is it because the COMEX is issuing ever more GLD ETF's or is it because companies have been manipulating their stock with share buybacks, central banks buying stocks and record margin debt caused by low-interest rates?

I think it is all the manipulation of the stock market when officially Central banks have bought $300B+ in US stocks and US corporation share buybacks hit record highs or are the central bank buying or could it be that central banks create record leverage in stock markets with its low-interest rate policy?

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If not soon the ratio has been predicting a calamity since 2016. It is no surprise as that's when stocks took off.

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The current gold to silver ratio is one gold to 81.11 silver. That is as high as it is during any of the other crisis. Why isn't anything happening? Well, we had one of the most significant drops in point at the DowJ and volatility spiked as people have been complacent by the constant manipulation.

Also with the shrinking supply of silver in the world, Silver mining and recycling will pick up as well since the rarity in the metal and the industrial need for it.

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I think we are in for a lot of volatility and with manipulation hitting a dead end. There will have to either be more stimulus and more asset buying by the central bank or sovereign wealth/slush funds. Gold and silver are substantial assets that are wealth insurance. They have won all throughout history against any failing fiat system. When the system hit peak debt, there will be no bailout.

I had the pleasure to chat with Simon Dixon of Bank To The Future, and he said something that makes even more sense that bailouts and bail-ins. He thinks that to implement a cashless system the central bank will let banks fail and then suddenly turn around and say. If you lost all your money in the failed bank, we could bail you out by you willingly getting let's say $10k that you had in the bank now in their new E blockchain dollar and bam they got you caught in the new cashless system without having to save the banks.

I would love your feedback on this. We all need to find the commodities and the currencies that can save us. I believe this is the only way out of the failing system! Get into crypto's that have fundamentals, get wealth insurance, food and water to make sure you are ready for any potential calamity that could happen.

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Let's change the world for the better and create a monetary system off the grid! Only starting to use cryptocurrencies for exchange and moving into physical metal we can win the world back. If we don't take action, we have enslavement if we do take action we will gain our real true fundamental freedom back to every single human being on this planet.

This is, of course, my opinion as I, unfortunately, have to say it to keep the SEC off my back :)

Please share the word!

Love, Peace and Voluntaryism,

John

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This is why I'm so stoked for the Quint and QuintS. Gold and Silver backed crypto is about to be a real thing.

Game Changer!

Silver is skyrocketing soon. I called the bitcoin bottom around $200 back in the day and when that was occurring, there were paid shills spamming all over the bitcoin forum trying to get people not to buy it. The same paid shills are now spamming all the silver websites telling people not to buy silver:

https://steemit.com/bitcoin/@r0achtheunsavory/the-r0ach-report-36-paid-govt-shills-spotted-telling-people-to-dump-metals-and-buy-dow-cryptocurrency

And there's where I called the bitcoin bottom:

Hey: are you r0ach from Bitcointalk?

Yea, old bitcointalk acct got hacked, though. Tons of people accts all got stolen at the same time from some type of breach on their site.

Silver is cheap until it isn't. Great post.

Great research and excellent presentation.

I love silver.... especially junk silver.

post is economical....your research is beautiful and awasome presentation....

Great post. Very interesting. Thank you for your time and effort to inform us.

I love me some silver!

It looks like it's going to get a lot cheaper compared to bitcoin.

Silver is a definite buy IMO. Not something I would try to flip for short-term gains though. Long-term hold and can be a fun hobby.

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