Bitcoin became an official currency in El Salvador and immediately got smacked down.
How does this play into the Dollar, Gold, Silver and is this now a currency war?
No peak silver here, right? Demand of 896.1Moz is more than satisfied by supply of 966.5Moz.
But when we strip recycling out of the equation, 182.1Moz, we get an entirely different result.
That means savers, investors, and retirees have no choice but to get out of Federal Reserve Notes if they want to retain purchasing power. Fortunately, it’s easy to convert fiat currency into the hard money of gold and silver bullion.
Silver prices are up, but will silver outperforming gold this year? Despite its dismal performance, silver remains the precious metals to watch. It could outperform gold as the global economy starts to falter.
Ronald Stoeferle joins us to discuss: the Everything Bubble, his gold & silver targets, how the governments are responding to the bubbles, central bank digital currencies and many other topics
So, we know that silver is a great saving vehicle. How do we know? Because both silver and gold are better saving vehicles than paper money, especially over periods of time longer than a single year.
We live in a world of paper assets, obscene government spending, and watered-down currency. Physical gold and silver are none of these things. They stand alone as real money, in a world where nothing else is.
Steven Van Metre joins us to walk through all of the problems facing the Fed, the politicians, the pension system, the Boomer generation and much more. What is the solution? Will they do it?
