As we march through the dying days of 2024, the once-murmured forewarnings of a fiscal cataclysm have swelled to a clamorous alarm. The U.S. debt market, a colossal pillar in the world’s financial edifice, now quivers under the immense burden of unsustainable debt. Having been fixed on the mesmerizing dance of stock market indices, ever-rising without economic cause, and the housing bubbles, our collective gaze must now shift to the profound realities of a debt-laden economic system on the verge of a seismic shift.

Regardless of Trump and Elon’s promises to keep the BRICS nations from destroying the dollar – it is clear the Federal Reserve is actively destroying the currency now.  Lowering interest rates into rising inflation while the debt market continues to implode is an Econ 101 lesson on what not to do to preserve the purchasing power of a debt-base-theft-currency.

The Federal Reserve’s recent interventions, marked by an increase in asset purchases to manipulate interest rates lower, proved to be no panacea; rates are creeping upward again. The U.S. 10-year Bond Yield, a critical barometer of market sentiment, has increased to 4.549%—a stark reminder that not even the Fed’s might can perennially suppress the natural forces of credit markets.

Contrasting the bond market’s unease, gold conversely exudes a sense of stoic resilience at $2,614.06 per ounce. Given our economy’s decay, gold’s sustained value is a rare beacon of stability. Silver, too, showcases its lustrous allure, resting at $29.5655 per ounce, while the gold-to-silver ratio (G/S) at 88.42 suggests gold’s relative strength in this environment.

However, the allure of these metals is not solely confined to gold and silver; the platinum group metals, palladium, and platinum, at $927.219 and $940.94, respectively, beckon those diversifying away from volatile investments.

For the more industrious among us, copper’s price at $4.0945 per pound indicates the enduring necessity of raw materials in an economy that must inevitably rebuild and innovate, regardless of fiscal tumult.

In the world of alternative currencies, Bitcoin’s staggering ascent to $93,876.53 signals a deep craving for decentralized forms of wealth. It positions itself as a digital bastion against the erosion of fiat values. Recent highs are notwithstanding, as nothing goes straight up; the real highs for Bitcoin are yet to come – HODL for the best is yet to come.

The commodities market, too, offers stark insights. Crude oil’s price of $69.14 per barrel reflects a taut balance between global demand and geopolitical strife.

All these interwoven indicators paint a tapestry of imminent transformation. Having fallen recently, the Federal Reserve Money Supply indicator points to a changing tide as supply and money velocity continue to rise, signaling hyperinflation to those who pay attention. The heightened churn of dollars shows that the greenback’s purchasing power is in freefall, a direct symptom of accelerating inflationary pressures.

The tell-tale signs of impending economic downturn are no less evident in the housing and automobile markets, where affordability and consumer demand strain under tightening credit conditions. Unemployment and job reports, though currently treading water, conceal the undercurrents of an economy built on borrowed time.

Our current predicament is not solely a product of market forces but also the consequence of political interference in an ostensibly free market. By distorting outcomes through heavy-handed regulation and monetary manipulation, the reality we confront is far from efficient or sustainable.

Thus, I implore my readers to heed the call to convert paper wealth into physical stores of value. With premiums for physical silver and gold likely to climb alongside their spot prices, acquiring these metals and pre-1965 coins becomes a prudent strategy for wealth preservation.

But our focus must extend beyond mere wealth; it must encompass survival. In the wake of a liquidity crisis and dollar purchase power collapse, stocking up on necessities and establishing self-reliance will become paramount. Harden your finances, but also your skills and resources.

Let this week’s article serve as a caution and a guide to action. Heed the dire signs, embrace the tangible security of precious metals, and fortify your defenses in anticipation of the dire economic frontiers that lie ahead. Remember, those who adapt and prepare to survive in times of great upheaval!

As always, I will continue to provide updates on the financial markets, including spot and premium prices for precious metals, to help you navigate these increasingly volatile waters.

In closing, remember that our future hinges not on the whims of currency printers, but on the solidity of our assets and the resilience of our spirit.

Let us move forward with courage and resolve, armored against whatever comes our way with timeless stores of real value.

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.