I normally would not subject you to a lengthy piece of economic analysis, but I think we’re at a Buffalo Springfield moment, i.e., the opening lyrics of their iconic song, For What Its Worth (see below).
If that silver-arbitrage claim is to be believed, then one should not overlook the fact that the price of physical silver in Shanghai is a few dollars higher than that of New York.
The dollar is losing value fast (see price of gold), which is going to cause the refinancing of trillions of dollars of US debt to balloon - already at 1 trillion per year in interest. Trump has always defaulted on his many failed business's so .... big craash in the not too distant future.
Larry, What is your relationship to the YouTube site "Larry War" where a guy with your shirt, face, hair style, and voice provide us with their opinions? How can you allow this? He is not you but AI! Same wit Mearsheimer.
I have been watching this guy for about a month now. He calls himself Asian Guy but has a number of sites that he appears on. He called the silver surge and says the big banks will lose billions. It actually looks like economic warfare where China especially, but everyone in high tech, realizes they need silver to manufacture. Silver was used in solder to harden it and in photography, but these uses stagnated to declined. But suddenly when everyone is in a trade war against each other for survival of their economies. Asian guy is predicting the collapse of banks due to derivative collapse and borrowing more on silver than you have silver. On one of his channels he had an interesting take on Venezuela I haven't heard. That is Russia, China, and maybe the US took all Venezuelan silver "before the lights went out." So there was a blackout. VT is reporting a E-Bomb, what you call an EMP. I figure the Russians and Chinese figured what they would do and let it happen. As EMPs would cook working radar they disconnected them. Took the silver essentially so the US wouldn't take it. Remember the US and Britain took their gold. Anyway, you also haven't played Netanyahu's panic flight from Israel fearing Iranian retribution. I wonder if Iran threatened to use a similar EMP bomb on Israeli radar, disable his bodyguards, and take him prisoner? Fun to think about anyway.
If that silver-arbitrage claim is to be believed, then one should not overlook the fact that the price of physical silver in Shanghai is a few dollars higher than that of New York.
It'll hurt the shorts and the investment banks, but ordinary physical PM buyers are usually long (i.e., until death) holders, so screw the investors.
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The dollar is losing value fast (see price of gold), which is going to cause the refinancing of trillions of dollars of US debt to balloon - already at 1 trillion per year in interest. Trump has always defaulted on his many failed business's so .... big craash in the not too distant future.
Larry, What is your relationship to the YouTube site "Larry War" where a guy with your shirt, face, hair style, and voice provide us with their opinions? How can you allow this? He is not you but AI! Same wit Mearsheimer.
I have been watching this guy for about a month now. He calls himself Asian Guy but has a number of sites that he appears on. He called the silver surge and says the big banks will lose billions. It actually looks like economic warfare where China especially, but everyone in high tech, realizes they need silver to manufacture. Silver was used in solder to harden it and in photography, but these uses stagnated to declined. But suddenly when everyone is in a trade war against each other for survival of their economies. Asian guy is predicting the collapse of banks due to derivative collapse and borrowing more on silver than you have silver. On one of his channels he had an interesting take on Venezuela I haven't heard. That is Russia, China, and maybe the US took all Venezuelan silver "before the lights went out." So there was a blackout. VT is reporting a E-Bomb, what you call an EMP. I figure the Russians and Chinese figured what they would do and let it happen. As EMPs would cook working radar they disconnected them. Took the silver essentially so the US wouldn't take it. Remember the US and Britain took their gold. Anyway, you also haven't played Netanyahu's panic flight from Israel fearing Iranian retribution. I wonder if Iran threatened to use a similar EMP bomb on Israeli radar, disable his bodyguards, and take him prisoner? Fun to think about anyway.