The financial sky is growing dark. The stock markets are experiencing volatile trade winds. The barometer of the economy grows weak as indicators point to another recession looming on the horizon.
The Precious Metal Storm is coming… unfortunately, the public is not prepared.
I believe the U.S. and world are heading toward an economic collapse that civilization has never witnessed before. Even though we have suffered greatly through World Wars and global depressions, we have always been able to pull ourselves out of the chaos and destruction by regrouping and rebuilding.
As I have stated several times before… this time will be different.
After reading the work of various precious metal and energy analysts, I am quite surprised how many of these individuals can posses a high degree of intelligence while making some seriously flawed forecasts and assumptions.
One of my readers asked me a question via an email, “How could I provide a lot of quality analysis and data… while being BULLISH ON SILVER?” This person couldn’t understand why I could be fundamentally in favor of silver when typical orthodox analysis points to a bearish deflationary outcome for the shiny metal.
And… there lies the rub.
The U.S. and world are heading down the toilet because analysts, intellectuals and the movers & shakers running the show, have allowed their ignorance-greed rather than their intelligence-wisdom to guide monetary, economic and governmental policy.
Currently, China and many other Eastern countries are focusing on acquiring physical gold… as it is the king of monetary metals. However, this does not mean that silver will miss the huge transfer of wealth show because it is now just a supposed “Industrial Metal.”
Silver is still a valued monetary metal due to the fact that the Official Mints continue to produce both Gold & Silver Eagles, Maples, Philharmonics, Koalas, Kangaroos, Pandas and Libertads. Do you see these Official mints producing these coins in copper??
Regardless, demand for silver is picking up as both India and China have increased their net imports of silver over the past several years.