sound money,

the play on precious metals is scary thought for metals to do well nations must face difficult times ahead, but with us president having no problem devaluing US dollar to make us markets competitive to export goods, means one think a weaker dollar as other countries do the same thing we are certainly heading towards a downward sprial, and us dollar being a bad place to keep a store of value for your hard heard dollars. just look at the yield curve, they had to manipulate the treasury bills but buying long term t bill and still could stop it from crashing. equities are too overvalued and the coronavirus was honestly the excuse to sell everything. if you really looked that the market it has had severe problems and rapid price appreciation is going to make it worse. i have been conducting research at McDonalds and Wawa and stores alike where they have been increasing the price of goods, and taking items off the dollar menu. the only reason I haven't built a bomb shelter & move to Yukon is cause Arizona 99 cent cans are still 99 cent and Wendys 4 for 4 is still around that my indicator when things are going down cause those are promises lol. enough jokes if you arent heading agaisnt a huge dollar depreciation your in for a rude awaking. just check out dxy if anyone wants i could make a chart. so just know you 401k is effectively gone and the government knows, they made too many promises and now its gonna hurt the people retiring shame. as I had spent some time rubbing elbows with huge investment banking institutions and small ones. they are just peddling financial products to customers and they few u as a number and they are very good that making you feel special. anyway, I do still believe gold and silver will come down a bit. but upside potential very nice to look at if you own some. and everyone should hold a some.

quick bullets

fundamental
+ has been in a bear market for 10 years
+ crackdown on price suppression on metals
+ yeild curve on t-bills just not worth it loose money really.
+ people who weren't in the market before now join in aka your friends bout 2 shares of xyz company and have no idea if it makes sense other then that they love "bla bla bla"
+ every county wants a weak currency
+ feds pooping there pants they did a preemptive .25 rate cut last week and well we could get .75 cut now. so when we go to zero cause powell has no spine
+ world tensions are getting hot turky and russia for example, and Russias FU to opec classic saw it coming lol.
and I could go on and on. my main gold is just preserving my wealth. which is by i sold all my equitys a while ago and am focused on commodities as they are at a near all-time low and you and i can buy things at a record low price that hasn't been seen for 40 years.

oh also there is gonna be a supply crunch as Wuhan is one of the biggest manufacturing cities in the world and well we all know there is effectively no activity

also farming looks like is gonna have a really hard time this spring with there output.


have a great day

-MR MR

Comment:

was a crazy drop i was expecting 15 maybe 14 but no way did i expect 11 blew my mind, then again good luck buying physical at those prices. that dip was the rocket fuel silver needs to climb to the MOON lol. if you were unable to buy physically a good idea for you would be to buy the paper stock and then sell and buy physical when the prices correlate with each other. gold held up nicely and expecting a huge upward trend even with a strengthing dollar. if you are counting on deflation for your timing to purchase the yellow metal might not be the best idea as I believe they gain in similar value compared to other currencies( if gold doesn't leave a dollar in the dust) keep some cash as cash is always important to have even as it value diminishes rapidly. I still strongly believe in buy commodities and nothing else at the moment. maybe buying companies if a longer-term deflation were to occur I would buy companies with huge amount of cash reserves.

info updates
fed now creating 120ish billion dollars a day compared to 80 billion a month during the 08 recession. goods are now going to rise for example wendy's 4 for 4 is no longer 4 for 4 its 4.44 for 4 it was a promise that is now broken. now if Arizona ice tea takes of the 99 cents label off the can, i going full prepper mode for economic devastation. if u have any questions feel free to ask?

Comment:

it would be nice to have a back test in silver to 19 dollars but its becoming unlikely. I am in no rush to buy as i did bulk of my buying in dec 2018- January 2019.

i still hold on to the idea that commodities will be the winners for the next ten years. as we see people begin to care about the food they eat, as food prices rise due to land abuse and the drop in fertilizer available it will begin a run on resources which will last for some time. until production becomes more local. good luck