Loading ...I don’t buy the big long story. I see things going into reverse. A positive trend, away from the 100 year past. Sure some disruptive things can happen, during a long slow transition, back to normal from abnormal.
It was NORMAL over one hundred years ago to have real money, gold and silver. With REAL money, the NORMAL thing was, a little bit went a LONG way. All you needed was to earn or profit a little bit and everything was fine.
The a’hole bankers (well educated Bernie Madoff Types) from the late 1800s to early 1900s started an experiment called The Federal reserve Act of 1913, that lasted until the summer ’08 meltdown.
Gradually that experiment has created and ABNORMAL situation these days where a LOT of money goes a SHORT way. And that’s the main problem. It causes less confidence, greed, unstable pricing and an attitude that you constantly need more and more money every year, and the excess has to be invested for growth.
Gold and Silver has to come back gradually as money. There will never be any global world wars anymore, so needing the ability to finance big wars and create loaned out money out of thin air won’t be an objective. The world has had enough of that nonsense.
Big militaries with Aircraft carriers, sub marines, bombers etc will be redundant like a horse and buggy whip. Imo keeping gold and silver prices down all these decades was only intended to help keep all other metals prices down for the constant “war effort”.
There is a pricing pecking order in metals. If they keep AU and AG down, it helps for example to keep steel prices for ships down, and aluminum lower for aircraft fabrication etc, creating an abnormal price situation.
The futures abnormal pricing situation is why the gov’t is obligated to help some businesses that have cash flow problems.