Debt Ceiling Fiasco as New Whales Buy Gold & Silver Bullion
Debt ceiling fiasco: While things might appear calming down in the silver market as spot prices retreat, in the second half of this video, we will get into some recent new Silver Whale sightings that suggest, supply-demand waters are only going to get more turbulent to come. But we will begin this week with some incredible long-term gold bullion-related charts that strongly suggest.
This time is and will turn out different, especially considering the sheer size and scope of what appears to be set up. A world in which trillions upon trillions of devaluing fiat currencies and major asset classes bow to escalating gold bullion values.
Biden and Mcarthy agreed on a debt ceiling deal which now must be passed by the house and senate. A lot of traders believe this is good news, but really it just puts the United States and its citizens more and more under water and deeper into debt. This will more than likely cause an influx of money flowing back into the markets to gain a faster buck, while smart money continues to buy the silver and gold dips. We have spoken about this in previous posts the USA cannot default because the entire system is based on debt. Since the United States has gone off the gold standard money has been printed out of thin air and backed by “good faith” In short though the prices of paper and gold and silver may drop temporarily the long term the physical metals should increase in value as the dollar continues to lose value over time. The debt ceiling is nothing more than a mirage and a temporary Band-Aid to a severe problem.
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