Financial system is on the edge,, the FIAT currency experiment is collapsing world wide...
Japan is getting near financial collapse,, getting near a point where they are going to dump their US treasuries,, 1.2 trillion worth,, many other countries preparing to follow Japan...
In Japan Silver has been selling above $130 per ounce for a while... In Dubai the street price is $175... In these countries people have held US dollars/cash as a safe haven,, "mattress money",, now they are dumping it for Silver/Gold,, getting out of it as fast as possible...
Silver seems high at $100,, Gold seems high at $5000,,, but these are not normal times.. The rules that govern investment and finance have collapsed.. we are in collapse time territory where there are different rules...
Now is an opportunity to liquidate paper assets like stocks,, cash and bonds,, you could buy real estate but that is about to crash as well because the prices based on FIAT currency devaluation and not supply/demand/free market...
Now is an opportunity to liquidate paper assets to purchase hard assets...
Silver and Gold are not close to a top... Silver is just breaking 50/1 ratio vs gold and has lots further to go under these conditions as the natural ratio is 7/1... Keep in mind that a year ago the ratio was 125/1,, so its already come a long ways in a short time with much further to go... I see people are trading Silver for Gold right now because of the 50/1 ratio and leaving lots of opportunity on the table...
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"The Koolaid has poison in it"
"The Bait is fake Nothing Is Tru"