Inflation

52,377 Views | 399 Replies | Last: 7 hrs ago by Werewolf
Werewolf
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Dollar to Silver ratio
1913 $2.66/oz
2026 $1,180/oz
Oldsouljer
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Werewolf said:

Dollar to Silver ratio
1913 $2.66/oz
2026 $1,180/oz

Monday should be interesting. Buying single US Silver Eagles from the US Mint was suspended briefly but are now priced at between $100-200. Spot is reportedly $109 in China.
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Werewolf
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Crazy wild times, a revolution of sorts.
Oldsouljer
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Werewolf said:

Crazy wild times, a revolution of sorts.

Yeah. This guy is the only straight-up source I know on YouTube when it comes to the metals, and his latest is fascinating. Particularly, the part where we learn how banks are trying to keep account holders out of PMs by preventing wiring money to metals dealers.

CALS grad

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Werewolf
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GuerrillaPack
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Wow, the price of gold and silver has SKYROCKETED in the past year, and especially over the last 6 months. This does not look good for the dollar, with it looking like quasi-hyperinflation potentially on the horizon.

The US federal government 38+ trillion national debt is going to collapse and destroy the dollar. Hyperinflation will come first.

In the last year, silver has gone from around $30 to $94 an ounce today, and gold from around $2,700 to $4,700 an ounce. That's insane.

I bought a "few" silver ounce coins back around 2010 for only around $20/ounce. Wish I had bought a little more prior to the last 6 months.

"Ye are not of the world, but I have chosen you out of the world, therefore the world hateth you." - John 15:19
Oldsouljer
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GuerrillaPack said:

Wow, the price of gold and silver has SKYROCKETED in the past year, and especially over the last 6 months. This does not look good for the dollar, with it looking like quasi-hyperinflation potentially on the horizon.

The US federal government 38+ trillion national debt is going to collapse and destroy the dollar. Hyperinflation will come first.

In the last year, silver has gone from around $30 to $94 an ounce today, and gold from around $2,700 to $4,700 an ounce. That's insane.

I bought a "few" silver ounce coins back around 2010 for only around $20/ounce. Wish I had bought a little more prior to the last 6 months.



Until today, the dollar looked like it was on the verge of rallying. But the crashing Japanese bond market has smashed into the US Treasury market and that probably has a lot to do with why the dollar plunged today. Noticed gas prices surged in the Triangle, too.
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Werewolf
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Oldsouljer said:

GuerrillaPack said:

Wow, the price of gold and silver has SKYROCKETED in the past year, and especially over the last 6 months. This does not look good for the dollar, with it looking like quasi-hyperinflation potentially on the horizon.

The US federal government 38+ trillion national debt is going to collapse and destroy the dollar. Hyperinflation will come first.

In the last year, silver has gone from around $30 to $94 an ounce today, and gold from around $2,700 to $4,700 an ounce. That's insane.

I bought a "few" silver ounce coins back around 2010 for only around $20/ounce. Wish I had bought a little more prior to the last 6 months.



Until today, the dollar looked like it was on the verge of rallying. But the crashing Japanese bond market has smashed into the US Treasury market and that probably has a lot to do with why the dollar plunged today. Noticed gas prices surged in the Triangle, too.

My source says Japan is the bellwether........discussing this several months ago. He's a bad bad man!

Brazil would follow as a significant trading partner of Japan. This is going to get hairy, but we will prevail with a US Constitutional dollar on the other side..
Oldsouljer
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Werewolf said:

Oldsouljer said:

GuerrillaPack said:

Wow, the price of gold and silver has SKYROCKETED in the past year, and especially over the last 6 months. This does not look good for the dollar, with it looking like quasi-hyperinflation potentially on the horizon.

The US federal government 38+ trillion national debt is going to collapse and destroy the dollar. Hyperinflation will come first.

In the last year, silver has gone from around $30 to $94 an ounce today, and gold from around $2,700 to $4,700 an ounce. That's insane.

I bought a "few" silver ounce coins back around 2010 for only around $20/ounce. Wish I had bought a little more prior to the last 6 months.



Until today, the dollar looked like it was on the verge of rallying. But the crashing Japanese bond market has smashed into the US Treasury market and that probably has a lot to do with why the dollar plunged today. Noticed gas prices surged in the Triangle, too.

My source says Japan is the bellwether........discussing this several months ago. He's a bad bad man!

Brazil would follow as a significant trading partner of Japan. This is going to get hairy, but we will prevail with a US Constitutional dollar on the other side..

Hairy? It already looks like we're riding a catamaran into the Perfect Storm (not to be confused with The Storm). Meanwhile, metals just won't stop and today, Platinum leads the pack with a $152 dollar jump before easing off in the past half hour.

https://www.kitco.com/charts/platinum
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Werewolf
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LOL.
Oldsouljer
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Werewolf said:

LOL.

And as we speak, gold hits $4800.
CALS grad

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Oldsouljer
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Gold on the $5000 doorstep.

Silver approaching $100.

Platinum at new ATHs today and still undervalued.

CALS grad

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Werewolf
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I'll guess we are headed to:
Gold $20,000
Silver $500
40:1
I don't have any Platinum
Japan ----to Brazil - to the US
Werewolf
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Full text of above X URL:

"This is one of the greatest examples of a currency COLLAPSE:

Silver prices in Japanese yen have exceeded 15,600 for the first time.

The value of the yen versus silver has HALVED in less than 2 months.

Since the start of 2024, silver prices in yen have surged an unbelievable +368%.

This is a pure example of currency debasement.

Put simply, Japanese consumers are losing purchasing power at a historic pace.

If you do not own assets, your savings are losing value at a record rate."
Werewolf
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Soulja, I'm hearing $hi( like 10:1, Ag to Au, and even 1:1.

Trump has already said Au @ $20,000/Troy oz

Does DARPA have a conductor on the shelf better than Ag? That's the question.

How much Ag is in the ground and what's it cost to extract & refine ore to pure Ag?

Oldsouljer
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Werewolf said:

Soulja, I'm hearing $hi( like 10:1, Ag to Au, and even 1:1.

Trump has already said Au @ $20,000/Troy oz

Does DARPA have a conductor on the shelf better than Ag? That's the question.

How much Ag is in the ground and what's it cost to extract & refine ore to pure Ag?



I have to discount the crazy talk on YouTube, which 95% of it is. What is inarguable is that silver is in a half-decade plus structural deficit, new mining output will take time to scale up, current mining output is facing declining ore body yields, and that new demands are increasingly draining above ground quants. Eventually arriving at the historical 15:1 ratio isn't crazy talk simply because it is historically precedential. Throw in 21st century usage parameters coupled with backfiring suppression efforts of the past, and 10:1 isn't even outlandish. Anything beyond that, is purely speculation.
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Oldsouljer
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Smashing through $100 to end the week at spot Ag $103, I imagine even The Storm can relate to why I have silver on the brain.

https://silverprice.org/silver-price-chart.html
CALS grad

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Werewolf
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The only YouTube I watch is home building and other non-political topics of interest. YouTube deplatformed the podcasters broadcasting the truth about the virus, jabs and stolen elections........... removed the truth ....
TheStorm
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Oh, don't worry... I do!

You've been absolutely killing it.
Oldsouljer
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TheStorm said:

Oh, don't worry... I do!

You've been absolutely killing it.

LOL
CALS grad

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Werewolf
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The narrative....to be sold.
Werewolf
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#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Werewolf
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#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Werewolf
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I'm far from an economics wizard, but I don't see it happening in just a handful of days. Who I view to be a reliable source has said many times the US fiat dollar crash will begin in Japan, then move to Brazil and then to The States. He has some experience with this as he was heavily involved with taking down the Russian Ruble in 1998.
#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Oldsouljer
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Werewolf said:

I'm far from an economics wizard, but I don't see it happening in just a handful of days. Who I view to be a reliable source has said many times the US fiat dollar crash will begin in Japan, then move to Brazil and then to The States. He has some experience with this as he was heavily involved with taking down the Russian Ruble in 1998.


I agree with being dubious about sensationalistic claims but IF the Fed actually does that (and I'm not sure of that claim either), it is hard to see how it wouldn't further depress the dollar. It'd sure give Trump ammo for pointing out the diabolical tendencies of the current Chair, though.
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Oldsouljer
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And there it is, five kilobuck gold and change!

https://www.kitco.com
CALS grad

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Werewolf
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#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Oldsouljer
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What blows my mind is this….18 months ago, silver was at a very affordable $25-30 an ounce. People who've been casually stacking for the past 1-2 decades could very easily and affordably acquire 150 ounces. At tonight's spot price, such a person owns north of $15,000 of fine silver. The price of oil is around $65 barrel which means our silver stacker owns the equivalent of 240 barrels of crude in that 150 ounces.
CALS grad

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Werewolf
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Internal Chase docs calling Ag to reach $420 by year end.

It's not the end of the world ;-)......it's merely the end of the world as ya know it :-}
#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Werewolf
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Fun!
#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Werewolf
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#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Werewolf
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#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Werewolf
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#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Oldsouljer
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Werewolf said:

Fun!


Oh, joy. I still take Uncle Sam's nickel, thank God I'm not financially dependent on my job. But more weeks of inactivity will drive me up the wall, and I'll get honey-do listed to death while the spouse teleworks.
CALS grad

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Werewolf
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LOL

Lots of people say grandkids are great cuz you don't have them 24-7. I find women - as in a spouse - the same way. :-)

Inevitable on chaos and one of the tools the Dimms has is to shut it down and make us all hurt
#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
 
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