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Silver Futures - May 24 (SIK4)

Real-time capital.com
Currency in USD
Disclaimer
27.205
-0.148(-0.54%)
Real-time Data

Silver Futures Discussions

How long until we are in the Weimar style runaway inflation?https://www.nasdaq.com/articles/how-weimar-germany-got-hyperinflation-and-how-america-could-too-2020-09-10. As this inflation gears up you will have a golden opportunity to ride the silver rocket and then convert margined profit into hard assets. This process will play out over the next few years. In months you will see silver in triple digits. No matter how the government chooses to deal with it we already know politicians do not have the fortitude to make the hard choices so we will be dragged into drastic inflation that will exceed the inflation of the 1970's when everything quadrupled in price. Stay far over margined and buy on any significant dip. There will be short squeezes on all margined hard asset contracts. This will be the opportunity of a lifetime. Prepare to take advantage of it.
it's impossible to predict how it will play out ... because there is NO economic model which is that similar ... in the Weimar case ... the entire GLOBE was NOT in the same boat and party to the "mutually assured destruction" monetary policy agreements (they are all printing money out the wazoo so no body's currency gets whacked) .... so you can NOT use that as a SURE GO BY ... also most people do NOT understand that INFLATION is theoretically greatly different than "currency devaluation" ... personally I think reinflation theiry is WRONG and so far it has NOT WORKED ... why will it all of a sudden start working? indeed the currency globally is debased and devalued to a crisis level already ... and yet there is very little inflation ... so we'll see how it works out ... but the price of silver MUST QUADRUPLE to get into the ballpark of the dollar devaluation already ... that much is sure ...
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