As we kickoff another week of trading in what has been a wild 2021, a great danger is threatening the stability of the global financial system. For each one percent rise this will cause a staggering $3 trillion in mark-to-market losses.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that yes, there will be a historic crash in global assets, but this is the real danger.
With investors becoming increasingly aware of the fraud and outright criminal activity taking place in the financial markets, serious questions are now emerging as the managers of the Silver ETF SLV just issued a new disclosure that made very little sense if the fund is indeed backed by physical silver.
Look at who just said, “Silver is going to at least $200 and gold is going to end up at $20,000.”
As we come to the end of another trading week, keep an eye on gold, but this is potentially explosive for silver.
We are near the end of fiat money and time is running out for investors to prepare.
When it comes to outrageous predictions for 2021, the sun shines on silver.
It has been a wild start to 2021, but take a look at what is skyrocketing.
With economies around the globe completely devastated, today multi-billionaire Hugo Salinas Price issued this dire warning to the world.
While silver is preparing to blastoff, this is what could send the price of silver hurtling over $30 but this is the key.