*** $40/Ounce Might Not Be out of Reach ***
Bidenomics is helping the rich like you wouldn’t believe!
Courtesy: Zerohedge.com
I’m just gossiping, to be honest… it doesn’t really matter who is president… Red or Blue, under the fiat monetary system, the rich just need to stay invested and they’ll grow their wealth – or will they?
I argue that the rich move with the tides of opportunity: Under President Biden, we have seen a monetary and fiscal combination that has never existed before — the central bank has been raising interest rates, while the federal government has increased deficit spending…
In other words, trillions are flowing from the government to the private sector, fueling this boom, and the rich can lend the government at the highest interest rates in decades!
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I can personally attest to that, because I’m invested in private business lending, credit and real estate lending, earning a fixed income of 10%-12%!
Once Jerome Powell begins changing his tune and indicating that it’s safe to cut rates, silver will absolutely surge!
The technical breakout looks incredible. I am shocked by the beauty of this chart:
Courtesy: Zerohedge.com, Bloomberg
The price of silver is going to $42/ounce near-term, and after that, the price is going all the way to $53/ounce.
After that, we’ll be in touch…
Why do I think silver is headed a heck of a lot higher?
The global financial system is moving away from the dollar standard at an alarming pace that I believe is irreversible.
No American president can take back the reins of dollar supremacy.
In other words, every person, institution and government, must take a pro-active approach to the day after the dollar reserve status over global trade.
Each will go to one of the safe havens, and because silver is so cheap, I think the gold/silver ratio is headed to 50:1. Because gold will reach $3,000 and maybe even $4,000 by the end of the decade, silver has a shot of hitting $80 – this was my prediction after the March 2020 lows.
Biden’s administration has made such a mess of America’s role in the world that I have little doubt that more countries than ever will reach out to regional allies and form partnerships that might include the United States, but won’t be a deal-breaker without it.
Biden has made all American allies re-think how trustworthy it is, when push comes to shove. I believe Jack Sullivan and Anthony Blinken are clowns and have zero results to show the American people — they are a catastrophe and are putting American interests in grave danger.
Best Regards,
Lior Gantz
President, WealthResearchGroup.com
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
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