Author Topic: PM's On The Rise, Are We Entering A Wartime Footing  (Read 318 times)

Offline JohnyMac

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PM's On The Rise, Are We Entering A Wartime Footing
« on: January 04, 2023, 11:42:05 AM »
As a wrote about in a post titled, China/Russia Moves on or around January 22, 2023, Taiwan/Ukraine, we are moving to war. I also pointed out in the post that a wartime economy will push PM's (precious metals) past certain ceilings.

We were sauntering past the $1,800- ceiling a couple of weeks ago. Now we are marching towards the $1,900- ceiling. Gold at this writing is north of $1,858-.

Similarly, silver is rising however, at a more sauntering gate. They are over that $24- ceiling BUT, they will take off too. Mark my words.

This year, with basically a world war coming, I see the $2k ceiling on gold being topped and $50- with silver.

Stay tuned,
 :popcorn:
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Offline Jackalope

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Re: PM's On The Rise, Are We Entering A Wartime Footing
« Reply #1 on: January 04, 2023, 01:05:28 PM »
It would be a good idea to stock up on Pb (Plumbum) too.  War time production has a tendency to divert resources to State mandated projects.  The dreaded ammo shortages could return with a vengeance.  My best investments over the decades both monetarily and from an entertainment perspective have been firearms and ammo.