Since $100 silver, we really look like we are in a falling wedge. And we are close to the tip.
Which way will it break out?
There are… psychics who say they see single digit silver, but it isn't real.
Meaning, the COMEX controllers pushed the number down with paper trades.
And if you see silver at the coin shop, it will be $9 silver, with a $90 premium.
I really want to see the banking system implode. The fact that banks have zero reserve requirement since March of 2020 has really thrown prices into this very strange runaway inflation scenario and pushing down some real assets.
I have a lot of ideas about tying cryptos to trading with precious metals and some companies that are shipping something people want. Nvidia, Apple, Samsung, Toyota.
Like having the liquidity pools that tie it to some of this stuff. That way if it is going up overtime then the crypto isn't getting completely pulled under by the price of Solana, BTC, ETH imploding every 4 years.
These crypto cycles really make it hard for development and teams to make it through the bear markets. They just get crushed.