silversky

Far too many people think if they comply with a tyranny it will boil over and they wont be effected. The truth is most will give up their existance for food and "security". But theres no doubt this will be denied from a historical and current perspective from the average person. 

Sad but true, the sooner people wake up and realise that this current crisis is an IQ test the better.

@silversky Agreed, the Europe/UK situation is no different. Committing to Net Carbon Zero without actually having a viable alternative to go to besides massive depopulation so that there are less citizens to consume resources.

On top of the crippling money printing, the Biden administration deliberately sabotaged cheap energy in the US, by ending the fracking boom and shutting down US Canada pipeline construction.  Cheap energy makes everything possible, without it everything becomes expensive and the global price of oil has shot up as a result of Biden's supply restrictions.  When you throw sand in your own gearbox like that, it really shouldn't come as a surprise when it stops working!  A lot more to come as the cost of energy starts to bite.  Complete clowns!

On top of the crippling money printing, the Biden administration deliberately sabotaged cheap energy in the US, by ending the fracking boom and shutting down US Canada pipeline construction.  Cheap energy makes everything possible, without it everything becomes expensive and the global price of oil has shot up as a result of Biden's supply restrictions.  When you throw sand in your own gearbox like that, it really shouldn't come as a surprise when it stops working!  A lot more to come as the cost of energy starts to bite.  Complete clowns!

On top of the crippling money printing, the Biden administration deliberately sabotaged cheap energy in the US, by ending the fracking boom and shutting down US Canada pipeline construction.  Cheap energy makes everything possible, without it everything becomes expensive and the global price of oil has shot up as a result of Biden's supply restrictions.  When you throw sand in your own gearbox like that, it really shouldn't come as a surprise when it stops working!  A lot more to come as the cost of energy starts to bite.  Complete clowns!

Basically a lot of words to say she is blaming the 'big businesses' 😂

Let's be honest, it wasn't hard to see that the birds would come home to roost. You can't print FIAT debt into creation at the rate they have over such a short time frame and expect there to be no inflation. Unless you're really, really, really stupid!

Hopefully we will get to write the additional zero's we need onto the fiat notes we hold 
I for one am keen to get a permanent marker out and start defacing "paper"

Seems like moneyweek agree.  Inflation AFTER stripping out food and energy (which are massively up and really really matter) is still running at 4%.
If the fed are using an astronomical timescale when they use the word 'transitory', then they're correct!  But in any normal and practical timescale, this inflation is not transitory.
https://moneyweek.com/economy/inflation/603991/inflation-isnt-transitory-but-what-does-that-mean-for-markets

Seems like moneyweek agree.  Inflation AFTER stripping out food and energy (which are massively up and really really matter) is still running at 4%.
If the fed are using an astronomical timescale when they use the word 'transitory', then they're correct!  But in any normal and practical timescale, this inflation is not transitory.
https://moneyweek.com/economy/inflation/603991/inflation-isnt-transitory-but-what-does-that-mean-for-markets

Yup up 5.1% CPI in last months figures and the reality is if you looked RPI its even higher and closer reflection of the truth. Transitory inflation is a political sound byte based on a lie, ask anyone who lived in the seventies will tell you this, unless they sadly of the belief that theyve lived in cave, during thise times .
You cant BS a BS'r. People dont learn from history. Inflation is the real black swan here not the energy crisis, not the housing market, they are just all bubbles anyway - again driven by our good friend inflation.... Coming soon its big brother Hyperinflation!

They've been oversold for a while given the clear indications of inflation.  How prolonged this reaction will be is anyone guess though.  I still stand by my prediction of a rise by the weekly close.

That sir is the $100 billion question!

If someone could accurately predict that, they'd be wealthy. For me personally there are too many variables to try and assess which way this will likely go. However I'd say if the market crashes, PMs will take a hit again as investments are liquidated to cover losses.

The reason I say there are too many variables, is that over the last 20 months more FIAT debt has been created globally than at any other time in history. So the world is in a very different place it was in March 2020. 

If you're into silver for the long term, I'd just look to keep DCA'ing and accumulate silver regardless. That way, if it crashes, you hold on and allow it to rise out the other side, and if you have the ability you can add to your position, and if it doesn't, you've accumulated some holdings prior to it increasing pass a point that you can afford. 
A lot of long term silver bugs/gurus will state that you don't get into silver to make you millions. You get into physical silver to hedge against inflation and bank collapses in the future and to protect your wealth.

Hope that helps.

Stagflation = stagnant economy + inflation.  As distinct from buoyant economy + inflation.
Todays job numbers in the US were disappointing again.  But paradoxically, this can be seen these days as a good thing by the gamblers in the stock and currency markets; because bad news means that the fed will pump more juice.  Yay!
Back in reality though, actual inflation is definitely creeping in.  It doesn't matter what the fed says about it being transitory, we all know that prices for just about everything are rising.  They have been for a while actually but most people hadn't noticed, until the petrol and gas issues kicked in.  Real energy prices are rising, mostly because of long term silly policies regarding generation, and everything is getting more expensive to produce and transport.
A lot of damage has been done in the energy sector, and this is most certainly not transitory.  It's going to take years to sort out the mess, and that's IF the politicians can grow a pair and stop pretending CO2 is a pollutant. No chance of that on the horizon so inflation is definitely coming from energy costs alone. Meanwhile, the economy is faltering due to other global issues bearing down on it (many self induced).  The situation is now stagnant and inflationary.
I know what you mean about divining anything useful from all of these "experts".  But I can't see too much downside to holding onto most real assets during a period of inflation.  Better than holding cash as we all get poorer and the central printers keep on printing.  That's why I think the bottom is in for Silver.  It's because it's in for most physical things.

Seems to me that with what looks like the dreaded stagflation starting to creep in (inflation everywhere but disappointing employment and economic activity), as other commodities rise, it's going to get harder and harder to knock silver down in the wee hours.  I'm not expecting moonshots or much excitement over the next month or two.  But I do think that a floor was finally put in last week and that the bears have had their fill.

Remind me the difference between stagflation, inflation, deflation or intoxication. 😛
What would the effect be in the current economic situation and what would cause it? 

I dont know how many thousands of videos I have watched from experts over the last year, but no one seems to know anything really. The most accurate analysts I have come across is Lynn Alden & the most angry, but often correct would be Peter Schiff.  

Would be nice in some way to make a logical guess from all of these expert options. But your right everyone is talking about inflation now & its one of the more noticeable things as it hit us peasants first and last. 

Seems to me that with what looks like the dreaded stagflation starting to creep in (inflation everywhere but disappointing employment and economic activity), as other commodities rise, it's going to get harder and harder to knock silver down in the wee hours.  I'm not expecting moonshots or much excitement over the next month or two.  But I do think that a floor was finally put in last week and that the bears have had their fill.

Seems to me that with what looks like the dreaded stagflation starting to creep in (inflation everywhere but disappointing employment and economic activity), as other commodities rise, it's going to get harder and harder to knock silver down in the wee hours.  I'm not expecting moonshots or much excitement over the next month or two.  But I do think that a floor was finally put in last week and that the bears have had their fill.

I bought a lot of silver from Germany when coins were rated at 7% VAT before rising to 19%.
Then I switched all my purchases to GS.be and some other German dealers that were operating the very low "differential VAT" scheme.
Also I started buying some silver and platinum from Estonia - The European Mint - who were totally VAT free.
You are very fortunate that you still can buy from these two suppliers and avoid the penalties of full VAT.

I want to paraphrase something Maloney said in one of his videos on the History of Money. He asked a room full of children which was the odd one out - when shown a picture of US dollars, Monopoly money and a $20 gold coin. They said something along the lines of 'the gold is money because its valuable, the others are just paper'.
Young children are less conversant in the doublethink of modern society and less articulate with repeating semi-truths or even non truths. There is no filter, they just say it as they see it, with little recourse to how their friends/society might always view them.
Now whilst I don't claim to be a Maloney follower in the sense that gold/silver are going to the moon, the anecdote resonated with me.
I've always loved history, and I first became interested in coins as a young child. I blame my gran who was frugal and taught me to save for a rainy day. So yeah I developed a love of money both current and historic. My dad had previously collected coins, mostly farthings, but had some 1887 silver coins too. He gave them me, c.1989/1990. Well that was it, I took a keen interest.
Even as a young kid though I quickly took a shine to gold and silver. He asked me if I want to collect copper/bronze coins and was met with a flat refusal.
In my head the distinction was clear, there's good - quality money, and there's base metal junk. I even looked down my nose at 50% silver as if it was some kind of con trick.
I don't know where this sense or attitude came from but it felt natural, that gold and silver were inherently precious (maybe I'd watched too many Indiana Jones/Goonies type films).
So why do I collect silver? Simply because I always have. I believe silver to be pretty, intrinsically valuable and historically interesting and I like the way it feels.
So why not gold? I can't afford it, is the simple answer. I could (and did) when it was sub $350 an oz. But I sold off what I'd bought in around 2009/2010 just before the peak of the market, made a nice profit too. I haven't bought any since as it's out of my price range.
As for VAT... Buy eight, tenth or twenty-sixth hand silver.
All my silver is over 50 years old.

Mainstream media only highlight its when the horse has already bolted from the stable. Because they can inform thier mates...... but you really need to ask who those mates.... really are? Its not the common man, that I will tell you! For the record the daily express also is sensationalist drivel like the daily mail.  A fearmongering tabloid, that actually creates panic and anger amongst the middle working class, a classic psyop paper. Back on topic SLV is a paper psyop, thats rigged the markets for years. And JP Morgan is getting sued again....thier fines now rack up to SO FAR - a measly 42 BILLION.. Compare that to the amount theyve made in shorting silver - its Trillions.
https://www.reuters.com/business/finance/florida-miners-lawsuit-accuses-jpmorgan-manipulating-silver-prices-2021-10-01/

 

That video is the complete truth. Outstanding.
Too many people will deny it while watching Eastenders, Kim Kardarshian and all that p*sh.
Its full steam ahead with the asylum @HerefordBullyun