This video is a follow on from the previous twenty-nine videos dealing with price in the precious metals markets. If you haven’t seen those videos, I would recommend you doing so before watching this one.
In this video I will try to wrap things up as best I can.
As I’ve said many, many times in other videos, we were in the midst of a Currency Crisis. There is much more wrong with the Financial System than just this, but to detail everything is beyond the remit of this video.
Suffice to say, that when this Financial Tsunami hits land full force, Currencies will be seen to be the crap that they are and not only by a small number of people who are interested in Economics, but by everyone, including all the “normies”, And by this point, Gold and Silver will be shining.
I expect that Gold and Silver will go up hugely in price. What will that price be, I don’t know.
The truth is that as a result of massive manipulation in the precious metals markets, there’s been no proper “price discovery” for either Gold or Silver for a very long time. The true price of these precious metals is therefore totally unknown at this time.
Commentators can speculate all they want, but no one really knows what the true price of Gold or Silver actually would be. I think that wondering about what the price will be is something of a waste of time - a pointless, Academic exercise. I think it’s safe to say though, it’s likely that the price going to be many, many, multiples higher than it is now.
We must bear in mind that, although the manipulation has gone on a long time, nothing lasts for ever. It’s inevitable that the manipulation will come to an end. At some point in time, market forces will replace the manipulation. And when that happens, the price of precious metals will soar.
That time is fast approaching. Our Overlords, thankfully, seem to be losing control.
I should also say that we have to be aware that there’s a difference between price and value. We might think of them as being the same, but they are different and so shouldn’t really be confused.
Precious metals will soon come to be seen as valuable once again.
Or rather I should say, Gold will, once again, take its rightful place on the world stage because, the way I see it, it’s always been important. As far as I’m concerned, it’s just a question of perceptions. So, to restate this … Gold will once again be perceived as being not only the tier 1 asset that it actually is, but it will return to being regarded as a monetary metal … as real money.
As for silver, in my opinion, and in the opinion of a good number of other people, silver is the most undervalued asset on the planet.
As for the price …. As I’ve said, it’s impossible to give a price.
I should also say that we have to be very wary of valuing anything in terms of increasing worthless currencies.
During the Hyperinflationary event in the Weimar Republic Germany, circa 1923, the price of Gold per once went from 100 DM to 87 trillion DMs. Th
