Keep your eyes on this…..

Afternoon everyone ….

Being a long time stacker and collector I’ve have been through many different situations that affect the metal prices. Bank failures and bail outs, terrorist attacks, the .com crash, the real estate crash, and more.

Recessions and inflation have a big part in the pricing of precious metals. But the thing to truly keep an eye on right now is the US dollar index.

The near $2 spike we just had in silver and the $38 spike we had in gold over the last several trading days was due to the over 200 basis point drop of the US dollar index.

With all the debt the US has and the pressure of many countries who are in the same predicament trying to push a digital dollar. BE VERY AWARE!!!!

If the US dollar index keeps dropping precious metals are going to fly.

IMG_3083.jpegsource:rjobrein



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6 comments
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You received an upvote of 100% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

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Precious metals have been flying for decades.. they're called airplanes.. 😆... I know, I suck.

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Either this run or the next one is going to be huge for metals

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