⚡Silver Stackers⚡
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Silver and gold are taking a day off from the constant upward price action recently.
This is probably just a temporary halt as the metals build energy for further upward movement.
If it were a top, the price action would usually spike up intraday and then gap down outside of normal market hours; and it would not move up steadily across multiple days and weeks while taking short breaks along the way as it has.
@SilverStackerSS
Me explaining to non-Whites why silver is bad and they should avoid it at all costs.
Is the revaluation finally habbening?
This upward price action is starting to feel like some sort of 1933 style revaluation where a decision is made to re-price metals against the currency by (x)% and the market manipulators spend the next so many trading days trying to make it look normal.
@SilverStackerSS
The DXY has been relatively flat for the past 18 months in the 104 range.
Gold's recent breakout and Silver's strong upward momentum can't be explained by a falling USD alone because the DXY shows that major currencies are tracking closely together.
@SilverStackerSS
A narrative has emerged over the past couple years that metals will rise when the fed pivots and cuts rates.
The problem with this narrative is that Silver and gold have done very well during periods of falling rates as well as rising rates; notably during the 1970's (rates up + metals up) and following the 2008 GFC (rates down + metals up).
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Best I can do for you mate is an auction I attended back in 2012. The back story was 3 trunks of coins had been sent from Poland in 1939 to Stanstead airport, Essex. The (((owners))) 'forgot' to collect them. They languished in the local Nat West bank until 2012 due to ownership complications. The room was like a who's who of international coin dealers. I have included just the German gold coin pages, with prices realised in red. Apologies for writing and smudges.
+2
Start a family legacy, bury some Silver along with other items that will amaze your descendants.
This Polish guy followed a map drawn by his father (from memory) that led him to a hoard his grandfather had buried near Lviv as they fled their home during the bolshevik communist invasion.
Pro Tip 👉🏻 use something non-conductive and non-biodegradable such as nylon rope, a long piece of plastic, a vertical seam of colored clay, etc when backfilling your buried treasure so that:
A) when digging the treasure up later it will only be necessary to dig a small hole until the leader line is found, and
B) you can safely bury the treasure much deeper than a typical metal detector would be able to go.
@SilverStackerSS
