We are not disagreeing, I hope?
We are engaged in an honest debate, I hope, and which Plato called the highest form of human behavior.
A clashing of the minds he called it.
We need more honest debate, not less!
It is how we sharpen our minds.
To wit, i see stagflation going forward, 1980 type, which means the US can have a recession, but also inflation. The feds lowering the interest rate is inflationary.
But I go back to my thesis that this move in silver is fundamental based on supply and demand, which will not lend itself to a sell off per se.
Trump is going to blow up the deficit and destroy the long bond and dollar IMO. He has increased the debt by 1 trillion in just the last two months and added 300 billion just in July.
"Monthly Deficit for July 2025After adjusting for timing effects, the July 2025 deficit was $289 billion—19% higher than last July's. Monthly spending was $54 billion higher (9%) compared to last July."
And that will be both inflationary and force people to seek a safe haven which is gold, silver and PGM's.
And Trump cannot stop green energy, it is a worldwide manifestation, as is the new technology AND the world wide military build up.
All three use lots of silver.
And the wild card is "speculation" which NO one can quantify.
Heretofore the silver market has been in a state of torpor-lol, as evidenced by the gold silver ratio reaching over 100 to 1, as mentioned.
And if I am correct and we see a constant buying of silver by the little guy, that will put huge pressure on the supply demand equation.
And we are looking at four years of Trump, or JD Vance and the Republicans blowing up the debt and our reputation as a safe country to invest in, which will keep the pressure on both gold and silver as people flee our debt and dollar.
We will see NO sanity for the next four years and the worst is yet to come, so I see NO way people will start selling the safey of the PM's!
cheers |
