“You have no safe currencies that are left, other than gold. There is nothing else that people are comfortable holding. As long as resource scarcity is there, and everything I look at says it’s there and getting worse by the day, you haven’t seen anything yet with regards to gold.
Before this is over it will be a huge bull market in gold. We will have to add another digit to the gold price. Every day that goes by makes that ever more likely.
Here’s silver near $35, up from $20, so it’s up 75% in price in just over a year and people are bearish. To me this just means that silver is going dramatically higher. Solar is already taking 11% of silver production. How long before it takes 100%?
Solar is just on the tarmac, solar hasn’t even taken off. And we are not even talking about silver as a monetary metal. That’s basically silver’s history, that of being a monetary metal. So the question is what drives theprice of silver to $100 more rapidly, monetary or industrial use or some combination?....
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