A breakout is imminent as the house folds like a cheap suit. I expect Silver to scream higher now that a large players short hand was squeezed recently (TD Bank capitulated after their Silver short lost them nearly 15% in the last month), and where more may fold as they start to wake up to the fact that the game is over.
The next correction in precious metals will be only because we have a 2008 style credit moment or other major event, as opposed to manipulation that we've seen for the last however many years (they work in cycles of cycles of maintaining the market and then periods of time where it is uncontrolled, and that's when the price screams higher. And those events (like in 2008) are preceded by a widening price differential between paper and physical, which will become even more obvious as it becomes unobtanium. They know they can only suppress the price of Silver through crashing the economy, and therefore try to crash demand, but little do they understand how many people have awoken to what money actually is, and to be able to physically hold their wealth.
The final rate hike this month by the Fed will tip the economy into a depression like the final piece of straw that broke the camel's back, and I suspect that Jerome "Volcker" Powell may even make a case for not decreasing rates for short while, even during a massive crash in order to look hawkish and make it seem like inflation is in control in his hands... But it will only be setting the seeds for CBDC and then hyperinflation!
Unless the church of this nation repents for their sins, and people find Jesus and start living their life righteously, and love thy neighbor, God is going to put serious judgment on this country! A Federal passage in the House of gay marriage rights is surely a slap in the face to God! Killing babies and calling it abortion when very few churches are defending these unborn, you'd better PREPARE for God's wrath on us all, but you can protect yourself with Jesus and Prayer!
www.SilenceDoGoodOfficial.com
@familyman20181
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Amen and amen!
I’m right there with you, young’un! The sooner folks figure out that the Heavenly Father is who determines if their eyes open to greet another day, then the earth will be a better place. EVERYTHING is a blessing and folks need to see and understand that. You folks have a blessed weekend!🙏🇺🇸❤️