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Years ago I was really into Silver, but I knew it was heavily supressed, so I stopped buying it, since every time it started going up, they would use Paper ETFs (IOUs) to stifle it.

Basically when it went up and you'd say: "Okay give me my 100 ounces of Silver you owe me."

They'd reply:  "It's on back order how about we give you 120 ounces now, but on paper?"

You'd be all giddy because you got 20% for nothing and would soon cash out that IOU.

But notice the Silver NEVER got delivered...Then down the line the company would buy the IOU back and no one would notice that:

THEY NEVER ACTUALLY HAD THE SILVER.

It was all a scam!

Now unlike Gold, which is used for jewelry and?  Nope that's it.

Silver has over 2,000 INDUSTRIAL USES.

Batteries, Solar Power, Computers and Electronics, all sorts of medications.

The same gold you mined yesterday will be there tomorrow.

Silver will NOT becauuuuuuse it's being constantly used.

So now after over 50 years the jig is up...Suddenly everyone knows about the scam and there's a panic, because it's like when Gamestock Prices refused to be manipulated and all the people that short sold had to pay 10X-20X what they had made.

Like a House of Cards:

Remember this scene in "Dumb and Dumber" when Jim Carrey's character gives back the money in the suitcase they had been spending and gives the bad guy a suitcase full of IOUs?

That's what's LITERALLY happening right now in money circles that we can't even fantom the amounts being lost...The Bank of Englad is BORROWING tons of silver from the Chinese at 30% interest, because otherwise it shoots up and Silver shoots up to $300+ BECAUSE they can't produce what they already SOLD.

Now you could say:  "Why should I care Noodles?  I don't have Gold, Silver and I don't care if those Big Banks fail...Fuck em!"

Until you realize that if they go down EVERYTHING goes down: Credit Swaps, Interest Rates, Value of ALLLLLL Currencies, the Metals Markets and Derivitives.

It is the tipping into HyperInflation with Currency Collapse which they'll then switch to Crypto or Metal Coins.

Too technical for my smooth frontal lobe to think about, but the Reptilian Part of my brain KNOWS it's all bad.

Not saying it'll happen this way, not saying they won't be able to keep everyone fooled by barely mentioning it on the news, fudging Job Numbers or starting Wars to keep everyone blind and stupid.

But I do feel the chances are around 15% of if there's a Panic it goes bad...Or maybe everyone holds...Can't tell yet.

Just saying...It doesn't hurt to have a big ass bag of flour, rice, beans, sugar, salt, coffee etc.

It doesn't hurt to have a small garden for spices, teas, pot, and veggies.

It doesn't hurt to have egg laying chickens in your yard or fish in a barrel...Because things are not going to get better for awhile, but they will get weirder and worse in the meantime.

How you want to live is up to you, but I rather prep for bad then pretend it'll all work out, because sometimes it just doesn't.

On brighter news my Chargers were somehow able to NOT fuck up and beat the Vikings!  So miracles do happen!

 

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