Massive Debt Levels Will Push Silver To $150 And Beyond
Hubert Moolman * SilverSeek
The massive debt bubble created by our monetary system is about to burst. The demonetization of gold and silver, has over the years diverted value from these metals, to all paper assets (such as bonds) linked to the debt-based monetary system.
The process of the devaluation of gold and silver, started by the demonetization of gold and silver, is about to reverse at a greater speed than ever before. This is similar to what happened during the late 70s, when the gold and silver price increased significantly. However, what happened in the 70’s was just a prelude to this coming rally. The 70’s was the end of a cycle, this is likely the end of a major cycle; an end of an era of the debt-based monetary system (dishonest money).
This era of dishonest money, has filled the economic world with many promises that will never be fulfilled. There will be a massive flight out of paper promises, into the ideal safe haven assets that would offer protection. In my opinion, silver will be the leading asset when this flight out of paper promises happens. This fraud started with the demonetization of silver and it will end with silver taking its place as money – the most marketable commodity.
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http://www.silverseek.com/article/massive-debt-levels-will-push-silver-150-and-beyond-12453
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There is an old saying
“dont fight the Fed”
It is a true statement until eventually true market mechanisms
come into play. It usually takes 12 years for the market to catch up.
So, I do not disagree on $150 Silver
Things are rarely priced at what they are worth
Its known through out monetary history every currency has gone down to ZERO examples of this is Germany, Zimbabwe and Argentina. The USSA feathers are painfully being pulled and once the US dollar reaches to ZERO gold and silver will go up beyond the moon. After the post SHTF world new millionaires will come forth.