Whether due to fiscal policies or structural economic challenges, precious metals are positioned to thrive in a landscape where financial stability is increasingly at risk.
Mike Maharrey interviewed David Morgan on the Money Metals podcast about the BRICS Summit, precious metals markets, and central bank digital currencies (CBDCs).
Yellen is signaling, “Trust FedNow, or a Digital Token, or our new Central Bank Digital Currency instead of community banks who I just told you are involved in fraud.”
Since April, silver has been banging its head on $32.50 (Comex front-month contract price basis). In my opinion, if it breaks over $33 and holds, it will trade toward $40 very quickly.
In conclusion, silver's recent breakout above $32.50 appears to be the beginning of a major bull run, but there are several key factors to watch moving forward.
It's time to extinguish bureaucratic excess before it consumes us. Taxpayers deserve better than this circus of waste and self-interest disguised as public service.
