The faint yet distinct echo of economic upheaval reverberates across our financial landscape as we cross the midway mark in December. Flanked by a burgeoning national debt and threats of a dwindling dollar, America’s fiscal framework teeters precariously at the edge of a transformative abyss. Since my last advisory, the market’s brief flirtation with stability has regressed, proving the volatility rooted in our current systems.

In this week’s financial autopsy, it’s impossible to overlook the creeping specter of inflation—our nemesis that erodes the average consumer’s purchasing power. The velocity of money rises even as the money supply increases, underscoring money’s quickened exchange in an economy where dollars are worth less and confidence in fiat dwindles.

Amidst these headwinds, the US 10-year Bond Yield has surged to 4.371%, a stark uptick from its previous position. This spike signals a collective unease in the marrow of the debt market, challenging the Fed’s fleeting control over interest rates and revealing a grim prognosis for the dollar’s vitality.

Surveying the horizon, gold and Silver beacons as tangible sanctuaries against monetary decline. Gold, the unwavering sentinel, commands a spot price of $2664.97, reiterating its historical capacity to store value. Silver, too, stands firm at $30.643 an ounce, with an upward trajectory that amplifies its appeal as the “poor man’s gold” – undervalued yet resilient. Remember, Silver is competing in the marketplace with enormous quantities of “paper silver” — contracts sold as silver derivatives such as those found substituting for real Silver in the SLV silver fund. These “paper ounces” are used to manipulate the price of Silver, with many realizing that for each real ounce of Silver in existence, there exists likly hundreds of paper ounces — which will you have when the music stops?  Silver remains the most undervalued economic/financial asset you can hold.

The broadening portfolio of precious metals, including palladium at $950.68 and platinum at $939.9, further diversifies the options for those seeking refuge from volatile paper currencies. I am suggesting that you trade your paper promises for tangible wealth protection – physical and kept at arm’s length.

On the commodities front, copper, at $4.2095 per pound, maintains its pulse as the industry’s lifeblood, illustrating the world’s unyielding push for technological progress, irrespective of economic tempests. Crude oil’s current posture at $70.83 per barrel shadows global instability, while propane’s recent affordability, at $0.57 per gallon, offers a fleeting respite in a stormy energy market.

In a gesture towards modern financial delineation, Bitcoin, valued at $104,203.32, captivates those disenchanted with traditional monetary mechanisms, representing a digital sanctuary in a sea of fiscal uncertainty.

These financial indicators are harbingers not of isolated ripples but of a cascading financial tsunami. With the unfettered growth of US indebtedness—now catapulting beyond sustainable thresholds—we approach the twilight of the dollar-centric debt currency era.

The tapestry of historical financial collapses is rich with lessons; one unequivocal truth echoes through the ages: When sovereign debts reach their zenith, the pillars of the conventional economy are soon reduced to rubble.

I iterate to my readership, amidst an economy poised on the precipice of pivotal change, on the wisdom of transitioning one’s financial portfolio to the bastions of stability—physical precious metals.

Observing the markets closely for over 30 years, I have witnessed both the impact of natural economic cycles and the distortive effects of market manipulation. Such interventions spawn inefficiencies and outcomes that do not reflect true economic undercurrents, often catalyzing crises rather than averting them. Paraphrasing John Maynard Keynes — who was quoting Lenin — the best way to destroy nation is to destroy its currency

As we stand guard during these turbulent times, adopting a strategy of asset insulation is paramount. Tangible assets like Silver and gold can help us navigate away from the treacherous currents of depreciating fiat currency. Embracing these precious metals confers on us the shield of true value preservation.

US consumer prices post largest rise in seven months; rents finally slowing — Reuters

Paper money, crypto, paper silver and gold, and assets based on derivatives of tangible goods are not real. They cannot withstand inflation (as they can be counterfeited) and are each subject to the failure of a counterparty.

Let’s anchor ourselves amidst this economic turmoil by stringently scrutinizing the precious metals market, keeping our eyes peeled for the opportune moments to fortify our financial defenses. Remember, it is not the rise and fall in spot prices that should guide us but the recognition of precious metals as the irrefutable cornerstone of financial survival.

Tick Tock: The Dollar’s Days Are Numbered

As the curtain slowly closes on our current fiscal epoch, we must prepare diligently for what’s to come. The growing fissures in the debt markets, the looming liquidity cataclysm, and the evident diminution in the dollar’s purchasing power beckon us to a future where only the prudent will thrive. Let us stride confidently towards this new age, our portfolios girded with the solidity of time-tested assets.

Be not deceived – be prepared ~ Silver Savior

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• Note: We are not giving advice; we only offer our opinion; we are not financial advisors. This article only represents our thoughts about the economy.