⚡Silver Stackers⚡
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+1
A Roman soldier at the time of Christ's crucifixion, received about 2 ounces of Silver per month.
Christ was betrayed by Judas Iscariot for approximately half a year's worth of soldier pay.
Gold reached it's previous high and is now steadily pushing above.
Silver remains less than half of it's previous all-time high (not adjusting for inflation).
If adjusting for inflation, gold is just now reaching it's all-time high, and Silver is between 7.7x - 30x below it's 1980 $50 high (depending on whether you use gov't CPI data or ShadowStats inflation data).
@SilverStackerSS
The 30 pieces of Silver that Judas Iscariot was payed with were shekels (roughly 0.25 - 0.33 of a troy oumce each).
So Christ was betrayed for about 10 ounces of Silver, which is less than $2,500 in March 2024 and approximately $25,000 in 33 AD.
Gold just topped it's previous intraday high of $2,147 in December, 2023.
There is tremendous stress in the financial system, a real estate crisis in China, Europe in recession, nations switching to wartime economy, and gold is signaling that inflation is not going away.
*this price chart is from Kitco instead of the usual JM price chart.
@SilverStackerSS
+5
Was in Toledo some years back - amazing Spanish city. Great sword/steel manufacturing. Kikes claim the city was founded by jews. Best thing was seeing paintings of their expulsion in 1391
Interest rates have been grinding sideways, so "rate cuts" don't explain the recent rise in gold.
Market insiders know something is coming, and are moving cash to safety.
Yet Silver is still waiting to catch up, because central banks and large market participants are banned from buying Silver; it's an unspoken rule, there's not enough physical Silver, it's needed for high tech industries, and everything would crash if Silver was pulled off the market.
@SilverStackerSS
I wonder where the resistance level is?
The old resistance ceiling got shoved aside yesterday
Bitcoin bounced off resistance just short of the previous all-time high of $69,000
Computer trading algorithms watch for key price levels, and BTC will follow wherever the algos take it.
Total market capitalization of cryptos is getting closer to the total market cap of gold, and cryptos definitely have the effect of keeping the prices of Silver and gold lower than they otherwise would be.
@SilverStackerSS
+2
Both gold and BTC are on the verge of breaking out to new all-time highs; but the DXY has been mostly flat, so this feels more like the market sniffing out something bigger, not just some reaction to the DXY.
@SilverStackerSS
Racial demographics can explain most of this 👆🏽👆🏾👆🏿
Except for North Dakota bros, Fargo isn't Detroit, wtf, stop using those cards like a 2nd mortgage.
And Florida/Georgia bros, those are rookie numbers, offer them cashback on some Chick-fil-A or KFC or whatever gets them to swipe those cards.
@SilverStackerSS
Tom's heart is in the right place.
Unfortunately, banning interest taking, or fractional reserve banking, or whatever you want to call it will not work; just look at the clever workarounds used today by muslim halal loans and jooish kosher loans that pretend to not charge interest, they just collect the extra by adjusting the principle in the exact same amount as what the interest would have been.
And as much as everyone wants to see mass deportations and strict controls on immigration, limiting your population growth is not a long-term solution because the high birthrate White society everyone desires would have added housing demand as well.
Here are 3 things you can do that would have a real impact on housing affordability for Whites:
1) Restrict foreign ownership of real estate to condominium apartments only (most non-White countries already do this).
2) Limit the number of housing units of each type that any individual or corporation may own, possibly by taxing excess housing units at incrementally higher tax rates.
3) Enact pro-natal state subsidized housing loans for young families with many children, similar to programs in many of the former NSDAP countries today.
Housing is meant to be used as homes for the nation's own people, not as a speculative money machine that forces young couples to delay or avoid childbirth.
@SilverStackerSS
https://t.me/Thomas_Sewell/4234
Tom's heart is in the right place.
Unfortunately, banning interest taking, or fractional reserve banking, or whatever you want to call it will not work; just look at the clever workarounds used today by muslim halal loans and jooish kosher loans that pretend to not charge interest, they just collect the extra by adjusting the principle in the exact same amount as what the interest would have been.
And as much as everyone wants to see mass deportations and strict controls on immigration, limiting your population growth is not a long-term solution because the high birthrate White society everyone desires would have added housing demand as well.
Here are 3 things you can do that would have a real impact on housing affordability for Whites:
1) Restrict foreign ownership of real estate to condominium apartments only (most non-White countries already do this).
2) Limit the number of housing units of each type that any individual or corporation may own, possibly by taxing excess housing units at incrementally higher tax rates.
3) Enact pro-natal state subsidized housing loans for young families with many children, similar to programs in many of the former NSDAP countries today.
Housing is meant to be used as homes for the nation's own people, not as a speculative money machine that forces young couples to delay or avoid childbirth.
@SilverStackerSS
https://t.me/Thomas_Sewell/4234
Silver and gold are up slightly to start the week, with gold making a new all-time time high (nominal) opening price.
Adjusting for inflation, both metals will need to see significantly higher prices before actual all-time highs are achieved.
@SilverStackerSS
