Loading ...China and India (two notables) are not about to slow their EV growth if it provides the cover to keep buying PMs, which they are doing to formulate the backdrop for a grand BRICS rollout this fall.
After that it will be catchup for everybody else. (Imagine if western countries are forced to buy.) This will go on for years … especially for silver because they have been hypothecating for so many years.
$600 silver is on the way … minimum … starting in July.
At least that’s the way I’m playing it because much like what happened post the Y2K bubble in 2000, once the larger equity complex is shellacked next year a la 4-year cycle (Presidential Cycle – think lower currency debasement rates crashing stocks) dynamics, the next inflation should be something in the order of $10 trillion just in the USA – and that’s going to spur a crack-up boom in commodity prices never seen before.
Cheers all