The pool of silver investors is extremely small. Most investors who understand sound money, Austrian Economics, and the need for fiscal responsibility flock first to gold.
Silver has gone up 6.4% this week alone. On the 17th, the ETF saw its largest inflow since early 2013. This is definitely beginning to resemble a bull market, but just in case it ends up being only a sharp rally, lasting weeks or months instead of years, we’re cashing in like NEVER BEFORE.
Like it or not, celebrity endorsements entice consumers and move markets. Sophisticated investors won’t necessarily follow an actor’s or sports star’s financial recommendations, but our celebrity-obsessed culture will track their every move and these endorsements strongly influence people’s decisions – including cryptocurrency investments.
Gold rallies, in general, in response to numerous catalysts and the BIGGEST of them all just triggered. We’ll receive confirmation in the coming days.
The great thing about reading the financial news every day is that sometimes you can actually see the future as it’s unfolding.
The FED, led by James Bullard, president of the St. Louis Federal Reserve Bank, are fighting to keep a lid on what’s happening with gold and with Bitcoin.