Is The Economy Just Now Falling Apart

Declan

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We await the Fed decision but in the meantime me we are on the way to 50 and later 55


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Declan

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A nice turn of events indeed.
 

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Declan

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As can be seen now, the premium for silver eagles has grown to basically a 100%
 
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Declan

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Another good day so far. 50 and on to 55 is entirely possible.
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Declan

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Can it hold????
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Declan

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It will be interesting to see if this bank can survive through tomorrow and make it til Monday. I expect tomorrow to be a down day in general so this will struggle. If one more bank goes, then anything could happen as the FDIC only has about 125 billion I think.
 

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Silver is the place to be.
 

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View: https://youtu.be/A2G3MAxdZfU


This is a good listen but a bit long. I will break it down.

This lad is alarmed with the credit crunch and points out that the M2 money supply is dropping, a very rare situation.

He predicts that BY JUNE the Fed will have to do an emergency rate cut. This would of course ignite a real panic.

He see most banks failing.

Then he goes on to discuss the new system and CBDCs.
 

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$50 is the first of a series of my strike prices. So far so good.
 

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Gold hopefully will clear $2000 before the weekend and maybe silver can get through 25.

If silver gets up toward there my WPC options will be in the mooney at$50.

Then and only then, does the payout crank up in multitudes.
 

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Declan

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Well gold failed to take 2000 but silver did fine and cleared 24 dollars.

Things appear to have settled but we shall see if the weekend sees any news coming out.
 
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