Silver & gold

Ever heard Brent Johnson's Dollar Milkshake Theory? We'll see if that happens soon enough.

just sold 220 oz silver to a single buyer in a private sale today. 160 last week. sold for 1.50 over spot, no net profit, just trying to accelerate

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Nope, not mad about anything.
Just noticing that (a) bitcoin is VERY much in-line with the controlled currency agenda, and (b) it is inherently presented as misleading due to how dependencies [e.g. computer/power/infrastructure] are swept under the rug.
Precious metals have none of this problem.

I'm gonna look into it, but at first glance it seems ridiculous.

2 more weeks.
Jk. The cup and handle pattern has almost completed. As inflation continues to be more and more undeniable to the average person, the confidence in USD will plummet. A year at the most.

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>As inflation continues to be more and more undeniable to the average person
Denying inflation is old kikery. Claiming that inflation is a GOOD thing is the new kikery.

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Explain to a dumbpoor what is a cup and handle?

fucking retarded lmao

in what way would the dollar strengthen

It's the least dirty shirt in the hamper.

It means it will act like this. We are right in the "8 another pullback" phase, right before the moonshot. Look how similar it is with that chart posted above.
It is guaranteed it will go up significantly soon.
Get the cheap physical gold and especially physical silver while you still can.

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It's literally going to get a massive increase in supply if we just cut off Russia from trading in the dollar.

If you think the dollar is more desirable than a gold back Yuan at this stage when the future of the dollar looks like it's going to lose its reserve status I honestly don't know what to say. Saying that the dollar will strengthen because it's the most desirable fiat is fucking stupid, because when it looks like fiat is on the out way out, people will look to intrinsic assets

Europe just killed itself with the sanctions against Russia. America is the last standing western economy.

Old habits die hard. It's possible the dollar will melt up before it collapses.

I just watched a quick video on it. I get the theory - but it's about 8 months out of date right now. The only reason the US has been able to continue printing like crazy while at the same time fucking over their economy over covid is because of the increased global demand for dollar.
We're post milkshake theory now - we're at the part where enough people will give up on it that it collapses.

If it melts up it won't matter because the inevitable outcome is that it dies

>they
literally all you have to do is buy it, the market is more powerful than the state

>increased global demand for dollar
what generates that demand? the energy (barrels of oil) is purchased in USD. the possibility of russia demanding payment in something other than USD is the potentially a desirable trigger for the abandonment of the us dollar

The Milkshake Theory doesn't deny that possibility, it just means it will be the last fiat standing.

Not much longer. Let me break down what’s going to happen. Russia will announce it will go over to a gold-backed ruble along with china with their yuan, then they will unveil their gold-backed crypto’s. This will make america “panic” and forbid the sale of gold under the pretext of being “traitorous behaviour”. While america and the global markets are collapsing america will announce it will switch to a silver backed dollar and might announce a silver backed crypto. XRP will be used as the “crypto fiat” to exchange for these currencies.

America is currently talking about banning crypto to make people fear sell their crypto and possibly invest in gold and other goods, (((they))) will then buy up all the now cheap crypto’s because too many goys hold them and they want dominance in that sector they just needed you to give it credibility publicity and initial investment, then it will say you can’t sell those goods (gold). They will then unveil their silver backed dollar and fuck every country that doesn’t have silver forcing them to rely on the new US silver dollar or possibly write IOU’s, then they’ll say “actually crypto’s are legal again since we have a official one” thus committing the biggest rug-pull in history. THIS is the great reset, set all the plebs and normies back to zero while they “start again” at 1000000. If you have silver/gold/the right crypto and you hold you will not start at “0” you will start at let’s say 1000. In this new system people will snowball, so while the majority is stuck at 0 going to 1,2,4,8,16 etc they will instantly be back at the top with no way for you to catch up, unless you also start at 1000. In any case you will be better off than 95% of the population.

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this this this

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Does it even take into account Chinese/Russian intentions to back their currencies with their massive stockpiled gold reserves they probably stockpiled for this explicit purpose?

uh no his gay shit got blown the fuck out already

Well eventually LBMA and COMEX will trade only paper and they won't have any metal in their warehouses. Then the dominos start falling.

putin switching to gold and the common people buying gold and silver: both actions deconstruct their power to employ shabbos goy using printed paper money

That would be a break from fiat as we know it.

DXY is near 100 right now.

Yes, it would, and the dollar will lose

COMEX already had to settle 8000 contracts (400 million ounces) with cash last month because they couldn't deliver the physical metal to buyers:
reddit.com/r/Wallstreetsilver/comments/t1h1fc/a_victory_for_the_apes_and_all_silver_bulls_the/

Doesn't negate the theory though. It's just chatter to back the yuan or ruble at this point.

>DXY is near 100 right now.
Oh no not DXY........ oh my God it doesn't get worse than this.

then the theory doesn't matter because nobody cares if the dollar is going to melt up 5 minutes before collapsing

LMFAO, is this the new shill tactic?
>don't buy physical gold, it's a trick to get you into that useless metal and to make you sell your precious crypto

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Nice. So they are already getting buttfucked.
Very nice.