/r/Silver

Photograph via snooOG

All things Silver (Ag47).

/r/Silver

238 Subscribers

7

๐Ÿ”Š๐Ÿ”Š 2024 Vote Hyena / Trump 2024 Series, #7 / Silver Shield | Music Performed By: Bankster Nation ๐Ÿ”Š๐Ÿ”Š

0 Comments
2024/11/01
14:07 UTC

3

2024 Thriller / M6 Metals

2 Comments
2024/10/31
22:49 UTC

5

Halloween Mad Scientist / 2024 IASAC Fundraiser / CMG Mint

0 Comments
2024/10/31
18:52 UTC

5

๐Ÿ”Š๐Ÿ”Š Halloween 2024 / Gus Fink & all-chips | Music By: Bankster Nation ๐Ÿ”Š๐Ÿ”Š

0 Comments
2024/10/31
14:03 UTC

6

If central banks are that smart owning silver as a new *KEY ASSET*, cause theyยดre offset of inflation and crashing economy, what should you do.....silversqueeze is real and it is happening now ....in this video u will find news from last BRICS MEETING in KAZAN

0 Comments
2024/10/31
13:08 UTC

10

Trick or Treat 2024 / all-chips

0 Comments
2024/10/31
03:30 UTC

7

Back To The Horror / Postal Express Mint

0 Comments
2024/10/30
22:01 UTC

3

๐Ÿ”Š๐Ÿ”Š Happy Halloween Unicorn Alien / Postal Express Mint | Music By: Bankster Nation ๐Ÿ”Š๐Ÿ”Š

2 Comments
2024/10/30
14:11 UTC

16

At this Pace Silver is The First Element on Periodic Chart to Become Extinct.

https://preview.redd.it/1bzkl5y19txd1.png?width=850&format=png&auto=webp&s=96fd92bf0a878825e58fd84f73e5c5554ce25adb

https://preview.redd.it/ffjskkry8txd1.png?width=883&format=png&auto=webp&s=15473f1c6df84513f2fe808823374a7556abab81

The extinction of silver as an element on the periodic table is a concerning prospect that merits serious consideration.

Silver is indeed at risk of disappearing entirely and its availability for industrial and technological applications are becoming severely limited in the upcoming weeks and months.

The absence of significant new silver discoveries in the past decade is particularly alarming

The lack of silver mining success comes at a time when Silver demand is rapidly increasing across multiple sectors.

The metal's unique properties make it indispensable for conductivity, reflectivity, and anti-corrosion applications in industries ranging from electronics to renewable energy

The rise of electric vehicles, aerospace, military, AI data centers, 5G networks, and solar power installations is driving unprecedented demand for silver

Each of these technologies requires substantial amounts of the metal. For instance, a single solar farm can consume hundreds of thousands of ounces of silver.

Every gigawatt of solar uses 700,000 ounces of silver

https://preview.redd.it/hxwxem2t8txd1.png?width=999&format=png&auto=webp&s=a09cece48cb638cccbbcabc0e33087a94e6a7ae8

Pressurized water reactors (PWRs) commonly use silver-indium-cadmium (Ag-In-Cd or AIC) alloy control rods for neutron absorption. Here are the key details about the use of this alloy in PWRs:

The typical composition of the Ag-In-Cd alloy used in PWR control rods is:

  • Silver (Ag): 80%
  • Indium (In): 15%
  • Cadmium (Cd): 5%

This composition is chosen for its excellent neutron absorption properties

The Ag-In-Cd alloy offers several benefits for use in PWR control rods:

  • High neutron absorption cross-section
  • Good mechanical properties
  • Resistance to radiation-induced swelling
  • Compatibility with reactor materials

While the exact amount of Ag-In-Cd alloy used can vary depending on the specific reactor design, a typical PWR would use between 2000 to 5000 kg of the alloy in its control rods. The majority of this mass (about 80%) would be silver, amounting to approximately 1600 to 4000 kg of silver per reactor

https://preview.redd.it/cezqrd8o8txd1.png?width=945&format=png&auto=webp&s=ab6851bc4e19b1458df4cf8ddd2d34398fc3c529

Westinghouse Nuclear Energy delivers power by the truckload

Many of you all know I live in Pittsburgh

Westinghouse Electric Company, headquartered in Cranberry Township, (a suburb of Pittsburgh Pennsylvania,) is developing two innovative nuclear power solutions for rural settings.

The first is the eVinci microreactor, a small modular reactor designed for remote locations. This compact unit can be transported on a truck and provides reliable, carbon-free energy for various applications

https://preview.redd.it/5o7k6voh8txd1.png?width=960&format=png&auto=webp&s=a7d0778444abf3bf7b6a06e19d33b4afedf1cd95

Major tech companies like Google, Microsoft, and Amazon are increasingly exploring nuclear power options to meet the growing energy demands of their AI data centers. These companies are attracted to nuclear energy's reliability and potential for carbon-free power generation.

As AI technologies continue to advance and become more prevalent, the number of data centers is expected to grow significantly over the next decade. Industry analysts project that the global data center market could see a compound annual growth rate of 10-15% through 2030, potentially resulting in thousands of new facilities.

Updated Silver numbers if Google, Microsoft, Amazon, Tesla, OpenAI and the Trillions of Dollars rushing towards AI get their wish.

The Same Investment Strategy Fueling Nvidia BOOM applies in our Forecasting.

https://preview.redd.it/jchtmvt88txd1.png?width=962&format=png&auto=webp&s=59b8999bd616b48a24a4bb5e22b28e237cb8bfe1

This rapid expansion, coupled with the push for sustainable energy sources, could lead to a surge in demand for small modular reactors (SMRs) and other advanced nuclear technologies.

The increasing interest in nuclear power for data centers, combined with the existing demand from traditional nuclear plants, could put significant pressure on silver stockpiles.

Silver's unique properties make it essential in both nuclear reactor control rods and various components of data center infrastructure.

As these industries expand, the demand for silver is likely to outpace current production levels, potentially leading to a scenario where global silver stockpiles begin to deplete rapidly.

This growing industrial demand, coupled with silver's role in renewable energy technologies and electronics, suggests that the precious metal may face supply constraints in the coming months will drive up prices and increasing its strategic importance in the global economy.

FACT: The nuclear industry relies heavily on silver, with each reactor using up to 4,000 kg in its control rods

Compounding the supply challenge is the declining ore grade of existing silver mines. As easily accessible deposits are depleted, extracting silver becomes increasingly difficult and expensive.

This trend will accelerate the depletion of economically viable silver reserves.

The geopolitical landscape adds another layer of complexity to the silver supply issue.

This move will significantly disrupt global silver markets and further constrain supply.

The acute scarcity of silver highlights:

  1. Silver recycling is nowย impossibleย unfeasible because of the cost of labor and existing methodologies.
  2. the urgent need for new investment
  3. There are less than *4 pure silver companies on the stock market
  4. We endorse 3 of them
  5. These 3 are Kuya Silver, Andean Precious Metals and Aya Gold & Silver
  6. We will continue to fact check this and update this article.

Silver could indeed become the first element on the periodic table to face functional extinction in the industrial world.

3 Comments
2024/10/30
03:12 UTC

3

It / This Is Horror / Chibi Coin & New Zeland Mint

0 Comments
2024/10/30
01:23 UTC

4

๐Ÿ”Š๐Ÿ”Š 1973 Halloween / United States Silver Corporation | Music Performed By: Foundring ๐Ÿ”Š๐Ÿ”Š

0 Comments
2024/10/29
14:10 UTC

11

Silver canโ€™t be stopped

1 Comment
2024/10/29
02:31 UTC

8

๐Ÿ”Š๐Ÿ”Š Happy Halloween Dino Monkey Alien / Postal Express Mint | Music By: Bankster Nation ๐Ÿ”Š๐Ÿ”Š

0 Comments
2024/10/28
14:06 UTC

5

Life Changing Wealth Confirmed. Unlocking 10 Baggers: Research-Driven Investment Insights

original article - https://thesilverindustry.substack.com/p/unlocking-10-baggers-my-research

All Metals and Ores Mined in one Year about 2,995 Million Tons (represented in the brown colored rectangle on the left)

  1. The chemical symbol Fe is the element iron on the periodic table.
  2. This Fe symbol comes from the Latin word "ferrum," which means iron.

https://preview.redd.it/bq90hrg0rcxd1.png?width=1443&format=png&auto=webp&s=d25f5eec2fab9317a2cb1620537f4d2be28ea71c

  • All other metals is 7% of that 2,995 Million Tons
  • Look what the yellow rectangle yields as a subset of the 2,995 Million Tons, example copper and zinc are part of the yellow box.
  • The chemical symbol Cu is derived from the Latin word "cuprum," which means copper.

https://preview.redd.it/lrcyhf44rcxd1.png?width=1023&format=png&auto=webp&s=0ddc7cdc1eeffbb6a02e491488f2c36f6fb481a9

  • Of the 2,995 Million tons (ALL METALS COMBINED)
  • Precious Metals is only 1.3 Million tons
  • Less than one tenth of one percent
  • 0.0434%
  • Gold at 3KT
  • Silver at 28KT

https://preview.redd.it/isv1mjc7rcxd1.png?width=1454&format=png&auto=webp&s=226283aad8ae25e6622e33286bad89f7254884d6

The mining industry extracts an astonishing 2,995 million tons of metals and ores annually, with iron dominating this output. Represented by the chemical symbol Fe, derived from the Latin "ferrum," iron accounts for a significant portion of this total.

Interestingly, all other metals combined make up only 7% of this massive figure.

Within this smaller percentage, we find a variety of metals, including copper and zinc. Copper, symbolized as Cu from the Latin "cuprum," plays a crucial role in modern technology.

The most striking revelationย is the minuscule amount of precious metals extracted each year.

Precious metals, including gold and silver, account for a mere 1.3 million tons - less than 0.0434% of the total.

Gold production stands at just 3,000 tons, whileย silver reaches 28,000 tonsย annually. These figures highlight the rarity and value of theseย covetedย precious metals in the grand scheme of global mining operations.

Gold and Silver minuscule

Now, it Gets Even Better once you realize how investing around 10% of your assets in Gold and Silver could yield life-changing wealth.

When you read these bullet points below, each time one of our data points checks a box, it's like doing the ultimate due diligence, and you should be rewarded favorably for getting positioned before the stampeding herd waters down your return on investment.

  • For Every 2,000 Gold and Silver Discoveries, only 1 or 2 become operating mines.
  • This means Aya Gold and Silver is super elite operation.
  • Not just in the top 1 percentย but in the top one-tenth of 1 percent.
  • Worldwide, There have been no significant new Silver discoveries
  • The time taken to develop a discovered deposit into a producing mine averages 20 years. Source , pg 33, https://www.akadeemia.ee/wp-content/uploads/2022/05/simon-michaux.-30.05.2022.pdf
  • For every 10 producing mines, 2 or 3 will lose money and shut down (You can thank bankers' short positions for this)ย Source, same as above
  • So when we write about someone who has overcome all these challenges and is operating, this is earth-shattering and exciting news.
  • This isn't just an investment opportunityย but a screaming BUY signal
  • Remember the market has not recognized the upcoming commodity bull run so this type of stock is literally on sale (never this under-rated in modern history)

The gold and silver mining industry offers extraordinary profit potential for Smart Investors who buy Equity Positions in Elite Silver Miners who overcome immense odds.

Closing Summary

With only 1-2 out of 2000 discoveries becoming operational mines, and a 15-20 year development timeline, successful silver producers are incredibly rare.

This scarcity, coupled with the absence of new silver discoveries, creates a lucrative opportunity for established miners that deliver the proceeds to their shareholders.

Those who persevere and take the time to listen to our expertise stand to reap substantial rewards in an industry where scarcity drives value and resilience leads to remarkable profits.

Aya Gold and Silver

Throughout the emergence and flourishing of Athens, Rome and Byzantine Wealth the Silver and Gold deposits around the Mediterranean Sea were the main catalyst for 3 of the Most Impressive and Prosperous Empires

  • Today Morocco has the optimal location (Centrally Located) to ship to where the largest silver markets are located (India, China, Asia, Europe, Asia Minor, Turkey, etc)
  • Ayaโ€™s Zgrounder mineโ€™s cost of production hovers around $7 per Ounce (I will keep fact-checking this number and edit this figure every quarter)
  • The margin between Aya's cost of production and Silver's climbing price indicates enormous upside potential. This is the mother of all setups to deliver skyrocketing profits and exponential stock climbs
  • whereasย First Majestic'sย Cost for Production is over *$27 (that's way too close to the spot for them to be profitable) source - https://www.newsfilecorp.com/release/216951/First-Majestic-Produces-5.3-Million-AgEq-Oz-in-Q2-2024-Consisting-of-2.1-Million-Silver-Ounces-and-39339-Gold-Ounces-Announces-Updated-2024-Production-and-Cost-Guidance-and-Conference-Call-Details , * *La Encantada mine
  • Reportedly, the cost of production for Major Mexican Silver producers such as First Majestic, Pan American, and Newmont is over double the price of Silver production in Morocco.
  • This means the profit margin is twice as good in Morocco.
  • Aya Gold and Silver operates out of Morocco and their jurisdiction is PRO BUSINESS.
  • Morocco want the jobs and welcome economic development

https://preview.redd.it/dmmso66grcxd1.png?width=1456&format=png&auto=webp&s=805640d213388369b0d4182f40db7b9325cd924f

https://preview.redd.it/pucqiklhrcxd1.png?width=1456&format=png&auto=webp&s=b7876c005e54092762a7e08f78eba1b2ae45a6fb

1 Comment
2024/10/27
19:46 UTC

5

2017 Last Writes / CMG Mint

1 Comment
2024/10/27
16:31 UTC

3

2022 Scary Barry / CMG Mint & Postal Express Mint

1 Comment
2024/10/27
15:38 UTC

6

new here ? Andrew Maguire Explains Gold and Silver Manipulation on COMEX

https://www.youtube.com/watch?v=bKLQGJ_GGZk

further infos

#TEDBUTLER #SILBERMANIPULATION #silverseek #EdSteer #silvershortpositions #shortbanksatcomex

3 Comments
2024/10/27
09:57 UTC

4

๐Ÿ”Š๐Ÿ”Š 2023 My Precious Candy / The Pepper Mint | Music By: Bankster Nation ๐Ÿ”Š๐Ÿ”Š

2 Comments
2024/10/26
14:30 UTC

6

Michael Oliver on LFTV this week.

2 Comments
2024/10/25
15:31 UTC

15

I know you want to leave 34$ in the dust...

4 Comments
2024/10/25
15:18 UTC

6

๐Ÿ”Š๐Ÿ”Š 1973 Hallowe'en / MGC | Music Performed By: Foundring ๐Ÿ”Š๐Ÿ”Š

0 Comments
2024/10/25
14:01 UTC

12

Short Squeeze Confirmed: FIVE BANKS SHORT 708 million ounces of silver equals entire year's global production. BANKS ARE SCREWED BIGTIME. ACT NOW TO RAKE IN LIFE CHANGING PROFITS

https://preview.redd.it/8tb73qn7ntwd1.png?width=523&format=png&auto=webp&s=c0a40f7615a1a2396629779cf23921f59f659e1d

Silver Stackers will yield Life Changing Wealth BY BUYING ONLY 100 ounces.

originally authored here - https://thesilverindustry.substack.com/p/short-squeeze-confirmed-five-banks

Silver Stackers will yield Life Changing Wealth BY BUYING ONLY 100 ounces.

The recent surge in silver prices has exposed a precarious situation for five major U.S. banks holding significant short positions in the metal.

Readers of this newsletter are urged to place an emergency order of Silver with any online dealer or at their local coin shop.

Jon Forrest Little states

With silver prices jumping over 6% to breach $33.6 per ounce, these institutions are now facing potential losses estimated at $1.3 billion. And when Silver hits our short term target of $39, THE STACKERS WIN

This concentration of risk among just five banks has raised serious concerns about market integrity andย criminalย manipulation.

Such extensive short-selling artificially suppresses silver prices, despite strong industrial demand from sectors like electric vehicles, military, aerospace, solar panels, AI data centers, 5G and electronics.

This disconnect between paper contracts and physical metal allows banks to sell short excessive amounts of 'paper silver' without owning or borrowing the actual metal, distorting true market dynamics and true price discovery.

This means the readers of our newsletter will make 10X returns if they act now.

The situation has broader implications beyond just these five banks. It raises questions about market stability, fair price discovery, and the potential for a supply crunch that could impact industries reliant on silver.

You may hear about jaw boning or growing calls for increased regulatory scrutiny to ensure market fairness and stability in the precious metals sector.ย BUT

The fact that these reforms have not happened proves our thesis that silver market manipulation means Silver is perhaps 10x times cheaper than itโ€™s true price.

So smart silver stackers are going to convert the federal reserve note (circling the drain) for physical silver from their favorite source.

end of section

__________________________________________________

More information here - https://thesilverindustry.substack.com/p/gold-rush-at-the-fed-expanding-vaults

6 Comments
2024/10/25
03:29 UTC

11

Russia in talks with BRICS over precious metals exchange: US Also Wanting to Add Gold to its Mysterious Calculus

As the world watches the development of the BRICS currency, it would be unwise to underestimate the financial firepower that America's gold holdings represent.

originally authored here:
https://thesilverindustry.substack.com/p/russia-in-talks-with-brics-over-precious

Folks, The First Shot has been Fired and US is joining in the GoldWars (and the Winner will be) ..... Silver. Gold brings her friend Silver along everywhere she goes.

https://preview.redd.it/qgk3rbyrmswd1.png?width=1000&format=png&auto=webp&s=343df3a554c96e5b299ac93bccb065c2380a9d1c

Based on recent developments, weย have confirmationย believe that a mysteriousย curious, significant sizeableย portion of the Federal Reserve's $2.5 billion construction project is dedicated to expanding gold storage facilities.

https://preview.redd.it/qj6j6gjvmswd1.png?width=1023&format=png&auto=webp&s=1c4242548134a9d85ed34f4721e2b41f57613626

Federal Reserve expansive remodel, 2.5 Billion, to include gold and silver vaults

Weโ€™re Going to Need a Bigger Boat

This ambitious undertaking suggests that the Federal Reserve anticipates a need for substantially increased gold storage capacity in the near future. The scale of the project indicates that the Fed may be preparing for a potential shift in monetary policy or anticipating changes in the global financial landscape that could necessitate larger gold reserves.

While the exact details remain confidential, the allocation of considerable space and resources to gold storage within this massive construction project has sparked speculation about the Fed's long-term strategies and the future role of gold in the U.S. financial system.

Meanwhileโ€ฆ

Russia in talks with BRICS over precious metals exchange

Russia is currently engaged in discussions with BRICS nations about establishing an international precious metals exchange. This initiative aims to create a platform for trading precious metals, potentially positioning Russia as a key regulator of prices within this market.

The proposal is part of a broader strategy to enhance financial cooperation among BRICS members, offering an alternative to Western-dominated financial systems and addressing the impact of sanctions.

This move aligns with Russia's ongoing efforts to strengthen its economic ties with BRICS countries and reduce reliance on Western financial infrastructure.

BRICS Believe they had won the Gold Game but just sparked a NEW GOLD RUSH as The West refuses to surrender

Not So Fast, BRICS: The US Has a Response to Your 40% Gold-Backed Currency

As the BRICS +++ nations move forward with plans to introduce a new gold-backed currency, the United Statesย may haveย has an unexpected ace up its sleeve.

While the BRICS alliance aims to challenge the dominance of the US dollar in global trade, America's vast gold reservesย couldย will provide a powerful counterplay.

The BRICS Gold-Backed Currency Plan

The BRICS nations have been working on creating a new currency that would be backed by gold, with an estimated 40% of its value tied to the precious metal.

This move is seen as an attempt to reduce reliance on the US dollar and create an alternative for international trade and reserves. So is US (and all the privileges associated with being the global reserve currency) just going to roll over and play dead? Doubt it, US is stupid but no one is that stupid, Greed and Fear will over power their stupidity.

US Answering

here's a breakdown of the US government's gold holdings:

Fort Knox ??? No one knows???

Fort Knox, officially known as the United States Bullion Depository, holds a significant portion of the United States' gold reserves:

  • Current gold holdings: 147.3 million ounces (approximately 4,581.5 tonnes)
  • This represents about half of the Treasury's stored gold

Other US Mint Facilities

While I canโ€™t find specific figures for other US Mint facilities, it's known that gold is also stored at:

  • Denver Mint
  • Philadelphia Mint
  • San Francisco Mint
  • West Point Mint

Federal Reserve Bank of New York

Although not owned by the US government, the Federal Reserve Bank of New York and DC stores a large amount of gold:

  • Estimated gold holdings: 6,350 tons
  • However, over 90% of this gold belongs to foreign governments and international investors
  • It is rumored these positions can shift around with double accounting or non accounting
  • Remember gold is private.

Total US Government Gold Holdings

According to the United States Mint:

  • Total gold holdings: 147.3 million ounces (approximately 4,581.5 tonnes)

It's important to note that the total amount of gold owned by the US government appears to be the same as the amount stored at Fort Knox. This suggests that the figures for other US Mint facilities may already be included in the Fort Knox total, or that Fort Knox holds the vast majority of US government gold.

Here's where things get interesting. If the US were to revalue its gold reserves to match current market prices, it would instantly create a massive boost to its balance sheet. But the potential goes even further.

A Theoretical Scenario
In a hypothetical situation where the US needed to address half of an $18 trillion debt crisis, it could potentially revalue its gold to approximately $122,200 per ounce. While this is an extreme scenario, it illustrates the immense latent value in America's gold reserves.

To calculate the price per ounce of gold needed to cover $18 trillion with 147.3 million ounces, we need to divide $18 trillion by 147.3 million.

Hereโ€™s this calculation:$18,000,000,000,000 รท 147,300,000 = $122,199.59 per ounce

This calculation shows that to cover half of an $18 trillion debt using the current US gold reserves, the price of gold would need to be revalued to about $122,200 per ounce.

This is obviously anย insaneย significant increase from current gold prices, which are around $2,700 per ounce as of 2024.

Implications for Global Finance

The mere possibility of such a drastic revaluation could have far-reaching effects:

  1. A gold-backed dollar, even partially, could reinforce US and be The US answer in its global standing.
  2. The threat of revaluation could serve as a powerful negotiating tool in international finance and give US back some leverage as world reserve currency.
  3. Any significant move in US gold policy would likely cause gold to soar even higher
  4. Brics just finished meeting so now we may see US monetary officials circling the globe with their hat in hand rounding up some gold and silver allies
  5. Anything is possible

Conclusion

While the BRICS nations' plan for a gold-backed currency is a bold move, the United States' vast gold reserves provide a potential counterbalance. The mere existence of this "golden option" could influence global financial strategies and negotiations in the coming years.

As the world watches the development of the BRICS currency, it would be unwise to underestimate the financial firepower that America's gold holdings represent.

The game of global finance is far from over, and the US may have a few golden moves left to play.

4 Comments
2024/10/25
00:04 UTC

19

Gold Rush at the Fed: Expanding Vaults to Counter BRICS 40% Gold Currency Move. $420 Silver per ounce by 2026 very likely.

Fed's $2.5B Renovation: Gold Vaults Grow as BRICS Pay Emerges

source article - https://thesilverindustry.substack.com/p/gold-rush-at-the-fed-expanding-vaults

Inย Jaws, the unforgettable line "You're going to need a bigger boat" is delivered by Chief Brody during a scene that captures the film's tension.

After a harrowing encounter with the great white shark, Brody, (visibly shaken) and glances at the small fishing vessel. The stark contrast between the shark's size and their inadequate boat underscores the gravity of their situation.

Hong Kong airport to boost gold vault capacity to 1,000 tonnes

Hong Kong's Airport Authority is planning a significant expansion of its gold vault capacity, increasing it from 150 tonnes to 1,000 tonnes.

This move aims to bolster Hong Kong's position as a global trading hub for precious metals, particularly in response to growing competition from Singapore.

The expansion comes as the current facility is reaching full capacity due to increasing demand.

Initially, the capacity will be increased to 200 tonnes, with further expansions planned to reach the 1,000-tonne target.

This development is crucial for Hong Kong's gold trading industry, which has a century-long history but has experienced a slowdown in recent decades.

In contrast, Singapore has recently upped its game with a new six-storey vault near Changi Airport, capable of storing 500 tonnes of gold and 10,000 tonnes of silver.

This competitive pressure likely influenced Hong Kong's decision to expand its facilities.

The recent $2.5 billion renovation of the Federal Reserveย mightย involves expanding gold storage capabilities. This speculation aligns with the thesis that BRICS nations are accumulating gold, potentially forcing the US to back its treasuries with gold to address the debt crisis.

The Gold-Backed Treasury Theory

Economists like Judy Shelton, Luke Gromen, and Jim Rickards have posited that backing US treasuries with gold could be a solution to the debt crisis. This theory gains traction as BRICS nations increase their gold reserves, potentially challenging the US dollar's global dominance.

If true, the Federal Reserve's renovations could be part of a larger strategy to prepare for a potential shift in global monetary policy. Increased gold storage capacity would be crucial if the US decides to partially or fully back its currency or debt with gold.

This global trend of expanding gold storage facilities, from Hong Kong to potentially the Federal Reserve, might indicate a shifting perspective on gold's role in the international monetary system.

As geopolitical tensions rise and economic uncertainties persist, gold's importance as a safe-haven asset and potential monetary anchor seems to be growing.

Jim Rickards, Luke Gromen and Judy Shelton perspectives

Rickards and Gromen arrive at their gold price projections using similar methodologies, but with different assumptions about money supply and gold backing ratios.

Rickards uses the U.S. M1 money supply of $17.9 trillion and assumes a 40% gold backing. He divides 40% of the money supply resulting in $27,533 per ounce.

Gromen's higher estimate of $40,000 per ounce likely stems from using a different money supply figure (possibly M2 or M3) or assuming a higher gold backing percentage.

The principle remains the same: dividing a portion of the money supply by the available gold reserves.

Both analysts emphasize that these projections are based on the potential need to restore confidence in the monetary system through partial gold backing of the currency.

Revaluing gold at a significantly higher price could potentially address the $35 trillion debt crisis in several ways. By increasing the value of the U.S. Treasury's gold reserves to, say, $20,000 per ounce, the government could create trillions of dollars in new assets without increasing the money supply.

This newfound wealth could be used to buy back a substantial portion of outstanding U.S. debt, effectively reducing the debt-to-GDP ratio. The process would involve adjusting the Gold Certificate Account held by the Federal Reserve, allowing the Treasury to monetize the revalued gold and use the proceeds to pay down debt. This strategy, while complex, could provide a path to debt reduction without relying on traditional methods like tax increases or spending cuts, potentially offering a unique solution to the current fiscal challenges.

Judy Shelton, a long-time advocate for returning to a gold standard, could play a significant role in a potential future Trump presidency. Despite her previous unsuccessful nomination to the Federal Reserve Board, Shelton's economic views align closely with Trump's criticism of current monetary policies.

If appointed to a key position, she might push for backing U.S. Treasuries with gold as a method to address the debt crisis.

Shelton's approach would likely involve gradually increasing the gold backing of U.S. Treasuries. This could start with a small percentage and incrementally increase over time. The process might involve auditing and potentially expanding U.S. gold reserves, as well as establishing a fixed exchange rate between gold and the dollar. Shelton argues that this would restore fiscal discipline, stabilize the dollar, and increase confidence in U.S. debt instruments.

However, implementing such a policy would be complex and controversial, potentially requiring significant changes to the current monetary system and facing resistance from many economists and policymakers.

Gold to Silver Ratio breaking down (in silverโ€™s favor)

https://preview.redd.it/40fs62ex4qwd1.png?width=1456&format=png&auto=webp&s=8758ad3d4babf621594047ef20c169b91e2e0939

$420 Silver per ounce by 2026 is in play

https://preview.redd.it/o6as3yl05qwd1.png?width=973&format=png&auto=webp&s=349ad84247692b6cf63ae1c9d0f2560af28c4e37

https://preview.redd.it/cyxvuzf25qwd1.png?width=1456&format=png&auto=webp&s=0b1fedae5ace4634c43f4009eeed92fcaf11815c

These numbers are quite conservative because we still have not priced in:

  • Marketย crashย correction
  • Commercial Real Estate failure event
  • Debt crisis
  • Energy Crisis
  • CBDC panic , another gold rushย harbinger, catalyst, impetus,ย signpost

https://preview.redd.it/tugejgh65qwd1.png?width=992&format=png&auto=webp&s=717b54ea85af3150a6dad3e0fb9dd17fc8f9c8bd

5 Comments
2024/10/24
15:42 UTC

Back To Top