In a financial landscape marred by uncertainty, our economy stands on the precipice of change—a turning point that could redefine the value of traditional investments and currencies.
Today, as I reflect on the shifting dynamics of the markets and the ripples of discontent coursing through the veins of our economic system, I am compelled to share insights that may serve as a beacon for those navigating these tumultuous waters.
The United States debt market, a behemoth that has grown to proportions that stifle comprehension, has revealed the fragile underpinnings of our fiscal machinery. Our nation’s dependency on perpetually accumulated debt has thrust us into a chasm where the servicing of this colossal debt demands even more borrowing. This cycle cannot sustain itself indefinitely.
As of Thursday, June 13, 2024, we are witnessing a seismic shift that warrants immediate attention. The ten-year bond yield stands at 4.243 percent, a clear signal that investors demand greater returns for the risks they shoulder. This spike in yields echoes the growing chorus questioning the solvency of nations submerged in deficits and debt.
Against this backdrop, gold shines ever brighter as a custodian of wealth. The current spot market price for gold is an impressive $2,296.76 per ounce. This elevation in price is not merely a statistical data point but a testament to the metal’s resilience and appeal in times of fiscal vulnerability.
Silver, a versatile and industrially crucial metal, trades at $28.76 per ounce, a price that is amplified by monetary and industrial demand.
As we scan the horizon, other precious metals also speak volumes. Platinum and palladium, priced at $950.14 and $876.093, respectively, clearly indicate their role as both investments and industrial commodities. Copper, an economic bellwether, trades at $4.467, while Bitcoin USD stands at a staggering $66,674, reflecting a society’s thirst for alternative assets outside the traditional monetary regime.
On the energy front, U.S. Crude Oil is priced at $78.26, a harbinger of a global economy that’s still grappling with energy dynamics. Mont Belvieu LDH Propane at merely $0.57 displays the ebb and flow of market forces that influence our day-to-day lives.
The crumbling facade of fiat currencies is becoming increasingly apparent. With the Federal Reserve Money Supply indicator falling and the velocity of money ratio rising, we find ourselves at the cusp of inflation that could erode the dollar’s purchasing power even further.
This rise in the velocity of money, a metric that gauges how quickly currency circulates in the economy, signals that although less money is being printed, what’s out there is changing hands more rapidly—a classic harbinger of inflationary pressures.
As a survivalist at heart, I recommend seeking shelter in tangible assets—physical gold and silver, and yes, even “junk” silver coins pre-1964 that once held the promise of real silver. These assets have withstood the test of time and offer a sanctuary when paper wealth evaporates in the face of a currency devaluation.
Our political climate, mired in machinations that often prioritize expedience over economic prudence, unavoidably influences our financial stability. Market manipulation, a tactic as old as the markets themselves, injects inefficiencies and distorts the reality of supply and demand. This deformation leads to outcomes that defy the principles of free-market dynamics.
The deliberate destruction of the U.S. economy is a perspective gaining traction among those who have witnessed the relentless expansion of debt without the corresponding economic growth to justify it. An economy hinged on endless borrowing is not only unsustainable but is also destined for failure
As we consider the fallibility of our current financial system, it is essential to have a plan in place post-collapse. Stockpiling essentials, cultivating self-sufficiency, and forming communal ties are crucial steps in building resilience against the inevitable shocks to our way of life.
Investing in precious metals is not simply a financial decision but a strategic maneuver to preserve wealth and safeguard a future amidst economic turmoil.
It is within our capacity to prepare for these challenging times. By understanding the nuances of the markets, acknowledging the warning signs of downturns, and recognizing the frailty of fiat currencies, we can take informed steps to protect ourselves and prosper even as the world struggles to find its footing.
Our actions today will define our tomorrow. It is not merely an investment in precious metals we make but an investment in the vitality and security of our future. Let us not be complacent while our economy teeters on the edge. Instead, let us be vigilant, proactive, and prepared to navigate whatever lies ahead with confidence and fortitude.
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.
Author
The only thing that keeps me going is the hope of a better future. I have trouble keeping my vibration up, which I know is essential for Ascension. I am not alone, Canada is slowly getting there but many have stated they don’t want to know deciding to keep their head in the proverbial sand.
I live in Canada and we have our own issues. Trudeau dangled cannabis, the only thing that dulls the pain, to keep us dumbed down. I imagine he thought we would be more compliant.
How can we keep focussed on the important things like family, the future,mother earth, and quality of life when at least half the population is in survival mode. My only feeble advice is internalize and discover your true essence, dialogue with your spiritual source. You will feel better knowing you can handle what obstacles are upcoming. There is an inner knowing you now in control of the most important thing on earth, yourself!