We begin the end of last week's SD Bullion market update with a reminder about how desperate the fiat issuing central banks and their short commodity betting commercial bank partners indeed are.
At the 5:17 mark in the embedded video here, we cover where we are in this 21st Century bullion bull market using the last 1970-80 western-driven bullion bull as an analog.
When might we again see a face-ripping gold price rebound, one bounding beyond last year's 2020 gold price nominal high?
Watch the video to get a sense of the timeline unfolding.
This week coming up we have another $1.9 trillion stimulus plan. As yet more fiat Fed notes currency injections are about to hit the bloated financial system and our partially zombie economy.
The fiat $USD M2 pile is already up over two-fold since the last 2011 bullion bull runs.
The US Treasury and members of Congress are now explicitly calling for a trillion+ issuance in IMF SDRs.
It is hard to imagine how the gold price flounders later in 2021 (notwithstanding, how we won’t also higher silver prices to come either).
Briefly,— James Anderson (@jameshenryand) February 28, 2021
in early 1980 #Silver #bullion even eclipsed #Gold's by then performance in fiat $USD. So short #SilverSqueeze'd were the financial powers then they literally stopped $Si $Si_f long bets, liquidation order only.
COMEX Silver has been an alleged criminal cesspit since. pic.twitter.com/45LjYurot3
When today's bond market king and NY Federal Reserve investment advisor (Scott Minerd) has explicitly stated an exponential price rise for silver is likely coming.
Best to get positioned ahead of time.
Hi @ScottMinerd we would like to invite you for an “Ask Me Anything” AMA with Reddit r/WallStreetSilver and our 36,000+ community of silver investors. Please DM.pic.twitter.com/V5LaprAUBy— Galactic Trader ????⚒???? (@Galactic_Trader) February 28, 2021
Meanwhile, the GoFundMe SilverSqueeze viral marketing campaign past $50k raised in less than 3 days.
A large $5,000 fiat USD contribution was made by SD Bullion & CEO Tyler Wall.
Exciting times for gold and silver are likely just starting.
The #SilverSqueeze viral marketing— James Anderson (@jameshenryand) February 28, 2021
campaign has raised over $50k < 3 days time
Late last week, Zerohedge ran a story on the building WallStreetSilver campaign to raise funds for viral marketing efforts.
No telling yet how many more funds will be contributed, nor the wise viral efforts to introduce new people to the ongoing #SilverSqueeze and r/WallStreetSilver community.