There is no way that the current gold and silver bull market will end like the early 80s. Expect the end of the current world monetary order and lots of chaos.
In a world of fading dollar supremacy and rising inflation, preparation beats surprise. Gold and silver may not be the endgame, but they are the first line of survival.
LegalShield’s Consumer Stress Index increased by 4.4 percent in the second quarter and is at the highest level since November 2020, when the economy was shut down during the pandemic.
The result is less about headlines and more about market plumbing: where metal is held, how it is financed, and how closely paper hedges track physical costs.
As recently as January 2022, the bank's swaps exceeded 500 tonnes, but they have fallen sharply since, indicating a profound change of policy toward or outlook on gold among central banks.
A corporation partially owned by the government will be considered “too big to fail” since its failure would cause the government to lose the money “invested” in the business.
Gold and silver have already started to rally after breaking out of their summer consolidations, and further dollar weakness should drive additional gains.
It is not anti-Trumpism that causes me to say that a Supreme Court overturning of Trump’s tariffs-by-decree would be a huge blow to the economy and the national debt.