A concerning pattern emerges as we examine the contours of our present economic predicament. The indicators—a cocktail of rising debt, higher interest rates, and inflationary pressures—suggest we are nearing an inflection point in the life cycle of the dollar-based debt currency system.
The U.S. 10-year Bond Yield has climbed to 4.379%, reflecting investors’ growing concerns about the United States’ ability to service its burgeoning debt without resorting to the printing press. Despite the Federal Reserve’s recent asset purchases to dampen down rates, this measure has only been a short-lived deterrent. The long-term trajectory implies that yields could continue to creep higher, signaling distress in the debt markets.
In the last report, gold was soaring at $2637.9 per ounce, demonstrating its status as a haven in these turbulent times. Today, we see a marginal adjustment to $2630.97, underscoring its stability. Previously at $30.7485 per ounce, Silver has seen a slight increase to $31.269, a testament to its duality as both a monetary and industrial metal. We should note the gold-to-silver ratio (g/s): previously at 85.79, it now stands at 84.14, hinting at a slightly increased but still significant potential for Silver’s appreciation in relation to gold. The hint might be: “It is time to sell gold and buy silver.”
But how do these economic conditions position us in the broader market context? Precious metals like platinum, now at $974.04, and palladium, at $1034.233, remain relevant for industry and investment. Meanwhile, copper has held relatively steady and is now at $4.159. Copper is often considered a bellwether for broader economic health.
Next, let’s examine alternate assets. Bitcoin has rocketed to an astonishing $93402.74, embodying the rising popularity of cryptocurrencies as parallel systems of value exchange. While their volatility is not for the fainthearted, this ascent signifies a profound shift in sentiment towards decentralized and non-governmental forms of money. Since Trump’s election, cryptos have begun to move up. Trump has positioned himself as the crypto President, and in that light, we might consider positioning ourselves in cryptos!
Considering commodity markets, oil is at a steady $69.31 per barrel, pointing to a relatively stable energy sector for the moment. Propane, essential in both residential and industrial contexts, is at $0.57, offering some respite for energy costs in production and home heating.
These market currents must be interpreted against the backdrop of a global political economy where manipulation has become the norm. Far from free markets, these environments constrain the organic development of asset values and taint the landscape with inefficiencies and distortions.
Given these tribulations, how does one secure wealth? I persist in championing the acquisition of physical gold and Silver, including the procurement of junk silver coins. Such tangible assets are insulated from currency debasement and offer certainty in uncertain times.
Looking beyond investment, a liquidity crisis necessitates comprehensive preparedness. It means cultivating self-sufficiency, learning survivalist tactics, and looking after the well-being of our communities. As the prospect of a debt market collapse looms, having a cache of essential goods could be the line between hardship and security. Prepare each day for a day that will come — for the powers that be have targeted the US dollar for destruction.
To summarize, while the global economic system inches towards a possible reset, proactive individuals have a window of opportunity to recalibrate their portfolios. Placing your confidence in precious metals is not just a defensive move; it’s a strategic response to a landscape marred by fiscal irresponsibility and monetary debasement.
The imperative is clear: shift away from the crumbling edifice of debt-laden paper money and embrace the solidity of precious metals. As the foundations of traditional finance shake, these timeless assets will help us weather the storm and emerge into a new era of financial solidity. The portents are stark, urging us to prepare, adapt, and find refuge in the intrinsic value of Silver and gold, as we watch the old system fray at the edges.
Be not deceived – be prepared ~ Silver Savior
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- Note: We are not giving advice; we only give our opinion; we are not financial advisors. This article only represents our thoughts about the economy.