In several interviews I have conducted on the topic of precious metals, many people were surprised to hear me say that gold wasn’t consistently breaking out with the rising ratio. When the ratio reached the target area, numerous individuals wrote in, expressing amazement at the profitable trade of shorting gold and going long on silver. The future of precious metals is intriguing. However, the pro-gold sites dislike my views, as they only advocate for buying gold without considering people’s financial well-being. Some sites even stopped reporting on our forecasts because they disagreed with our constant bullishness, acting similarly to YouTube, which removes dissenting voices on COVID and the WHO. This behavior is unethical and even worse, it reveals a closed-mindedness, just like that of Bill Gates and Klaus Schwab with their Great Reset approach – their way or no way. We are all in this together, and our analysis must not be one-sided. As my mother used to say, there is a time and place for everything.
To TRULY comprehend the future trajectory of precious metals, we must honestly examine the past and abandon the absurd theory that an increase in money supply will lead to hyperinflation, with gold being the only survivor. Throughout history, no hyperinflation scenario has ever unfolded in that manner – NEVER! Even the German hyperinflation concluded with a new currency in 1925, backed by real estate. Furthermore, in 1980, the Fed’s M2 money supply was $1.5 trillion, while by the end of September 2020, it had risen to $18.6 trillion. According to that theory, gold should be priced at $10,850 right now, considering its 1980 high of $875. This demonstrates that all the shouting and clamoring are merely sophistry lacking a foundation in real analysis.
There’s much more at stake than what the gold advocates promote. Gold and silver have their place in unfolding events, but we must understand that they are NOT the sole solutions in contrast to everything else. To survive the future, we must genuinely grasp the reality of the past.
More courses from this author: Martin Armstrong
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Course Features
- Lectures 1
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
