It looks increasingly like our civilisation has once again driven off the edge of the map and that a lot of things are going to change, and change a lot. National economies descending into un-recoverable debt, social division along idealogical lines within Western countries that will never reconcile, mass unemployment, a media class that have abandoned journalism and replaced it with narrative and the growing dominance of AI over our lives as it shapes the emotional and intellectual experience of device addicted youth.
Rock and roll is dead. The tourism industry is toast, live entertainment and mass gatherings may not recover for many years, the hospitality industry has cratered and the airline industry is on it's knees. People are terrified of a flu and the media make sure that they stay that way.
China is preparing for war and America is preparing to oblige.
And the biggest one of all: The US presidential election this year.
It may indeed be reasonable to say "This time it's different".
So as we watch silver rise once again so rapidly it begs the question "is this like the last time where silver rises high and then falls just as rapidly into a decade of doldrums when the GFC was the trigger event"? Or is this indeed the time that many of us feared where silver will be pulled up along with it's buddy gold onto a whole new price plateau for a long time into the future because this time things really are shaping up to be very, very serious. This is not going to rapidly resolve into another boom time as it did after the GFC. This event is only just beginning and it is going to get intense.
After that long winded intro I ask the questions: Silver is rapidly rising and it's a great time to sell and take profit. But we are at the very beginning stages of a vast societal upheaval that will be tumultuous for at least 5 years. This looks to me to be a textbook time for the Strong Hand. Who is going to be brave and to hold? Who is going to get out and take some profit? What's your strategy as we enter a chaos state?
Rock and roll is dead. The tourism industry is toast, live entertainment and mass gatherings may not recover for many years, the hospitality industry has cratered and the airline industry is on it's knees. People are terrified of a flu and the media make sure that they stay that way.
China is preparing for war and America is preparing to oblige.
And the biggest one of all: The US presidential election this year.
It may indeed be reasonable to say "This time it's different".
So as we watch silver rise once again so rapidly it begs the question "is this like the last time where silver rises high and then falls just as rapidly into a decade of doldrums when the GFC was the trigger event"? Or is this indeed the time that many of us feared where silver will be pulled up along with it's buddy gold onto a whole new price plateau for a long time into the future because this time things really are shaping up to be very, very serious. This is not going to rapidly resolve into another boom time as it did after the GFC. This event is only just beginning and it is going to get intense.
After that long winded intro I ask the questions: Silver is rapidly rising and it's a great time to sell and take profit. But we are at the very beginning stages of a vast societal upheaval that will be tumultuous for at least 5 years. This looks to me to be a textbook time for the Strong Hand. Who is going to be brave and to hold? Who is going to get out and take some profit? What's your strategy as we enter a chaos state?
), I certainly wouldn’t swap back to cash now to buy property. Especially with that sector almost certainly heading south as soon as stimulus and building grants dry up.
