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Home › Forums › Financial News – Gold & Silver, Cash, Cryptos › Stock Market Bubble vs Gold & Silver
SRSrocco Report has started doing a video report
Always good and interesting info from Steve St Angelo
A Minute to Midnite Administration
A Minute To Midnite Staff writer
Greyerz – Governments And Central Banks Are About To Totally Lose Control, Ushering In $10,000 Gold, $667 Silver And Global Panic
Excerpt:
Once silver starts to really surge, it will move more than twice as fast as gold. That will cause the gold/silver ratio to plunge from 77/1 down to 30/1, where it was in 2011. Eventually the ratio should reach its historical average of 15/1, which would mean when gold reaches $10,000, we will see a silver price of $667. These targets look sensational today but are definitely not unrealistic. Once the avalanche starts, it will be unstoppable. On its way, as I said earlier, it will destroy all resistance, including manipulation and the fake, artificial paper markets in precious metals. We will then see the true price of free gold and silver.
But investors must remember that physical gold and silver are primarily held as insurance against a collapsing financial system for wealth preservation purposes. As all bubble assets implode, gold and silver will be the best protection and the surest way to survive the biggest wealth destruction in history.”
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