Russia has announced plans to add silver to its state reserves alongside gold, platinum, and palladium, a move that should further accelerate silver's emerging bull market.
I have heard this announcement but I have not heard anyone questioning the reason they are announcing their intentions?
Russia doesn’t have to put this front and center. They don’t do anything without a reason. My question is what benefit does Russia derive from making this public announcement? That is the unanswered question.
Inflation adjusted adds a whole new dynamic. What that tells me is silver has been a terrible hedge against dollar devaluation! Maybe that explains either a) manipulation b) lack of interest as asset class to “insure” against dollar devaluation
C) ready to play catch up to reality.
And what about that Samsung battery technology? I think it was Samsung.
Develop as reported, usage of 1 kg per battery for ev. Not to phantom every other Li use. Hmmm
Clifhigh projects 600/oz moon shot when federal reserve fails to hold their stranglehold. Pie in the sky scenario imo.
But 100 is feasible after 50 firmly breached.
Patience grasshopper, the wheels are loose on fed wagon…
I have heard this announcement but I have not heard anyone questioning the reason they are announcing their intentions?
Russia doesn’t have to put this front and center. They don’t do anything without a reason. My question is what benefit does Russia derive from making this public announcement? That is the unanswered question.
Yes, that's a great point. I don't know why they announced it. I will looking into it further.
Inflation adjusted adds a whole new dynamic. What that tells me is silver has been a terrible hedge against dollar devaluation! Maybe that explains either a) manipulation b) lack of interest as asset class to “insure” against dollar devaluation
C) ready to play catch up to reality.
And what about that Samsung battery technology? I think it was Samsung.
Develop as reported, usage of 1 kg per battery for ev. Not to phantom every other Li use. Hmmm
Clifhigh projects 600/oz moon shot when federal reserve fails to hold their stranglehold. Pie in the sky scenario imo.
But 100 is feasible after 50 firmly breached.
Patience grasshopper, the wheels are loose on fed wagon…
Yes, I agree with points a, b, and c.
I would also argue that times have still been pretty good and stocks and housing have beeb soaring, etc.
I expect precious metals to really come into their own once the global debt bubble bursts and the financial reset happens.
It's a good thing that silver and gold haven't soared yet! I'd rather not live out that scenario, but I'm afraid it's ahead.