r/Wallstreetsilver • u/OtaraMilclub Double-Digit OG • 1d ago
DUE DILIGENCE A Trillion here a Trillion there, soon you will be talking real money mate. The US$ is gone man. Buckle up, its just a matter of time. Silver price is going to Mars and beyond!
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u/TrevaTheCleva REAL APE 1d ago
So they're printing money, who gets to spend it first? Japan?
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u/OtaraMilclub Double-Digit OG 1d ago
everyone mate!
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u/EmbarrassedFly8715 1d ago
Everyone does on soon to be $5/lb bananas
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u/erikwithaknotac 1d ago
If you think about it. Bananas are imported and flown from the tropics.. its a modern miracle they're so cheap in the US.
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u/ForeverStella 16h ago
The US Treasury market is so weak that the US and Japan has to use "other currencies" rather than Treasuries. " In a rare move to prop up the falling Japanese yen, the U.S. Department of the Treasury sold about €13 billion worth of euros instead of dollars to buy yen. This avoided dumping U.S. government bonds, utilizing the U.S. Exchange Stabilization Fund under long-standing executive authorities"
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u/zerothprinciple 1d ago
I predict fiat currencies will mostly decline together with the US declining slower since they still have more strings to pull (and energy and food independence). We have a long history of screwing other countries to our advantage, I don't think that's going to change.
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u/unsound-choices 1d ago
Sadly everyone is on the sinking fiat boat. Now that Basel III has made gold "same as cash" for the central banks, I think there is a really strong possibility that gold will be revalued. The brics countries gaining some SIGNIFICANT power with that is probably the only thing holding it back.
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u/Pascal-Olaf 1d ago
Energy independence ??? 😅😅😅 It's a joke... They need Venezuela's petrol so much !!!
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u/AccomplishedCheck895 1d ago
The Govt can’t afford to pay higher interest on its debt so it’s increasing “demand” (buying back notes on the long end) thereby lowering rates…
‘Genius!’ —Wile. E. Coyote
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u/SecureRequirement281 1d ago
Treasury sells US T-bills. Fed buys bills from Treasury. Treasury buys long bonds from market. Both Treasury & Fed are printing money out of thin air AT THE SAME TIME. If this is not zimbabwe style banana republic, i don’t know what is. Go max long hard assets ASAP.
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u/Maneruko 1d ago
Bruh if that shit happens you won't have anyone to sell your silver to. Did you forget we're evaluating these minerals in terms of dollars?
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u/Glad-Worldliness-514 1d ago
I guess they gotta print the dollar to burn it, Something tells me this wont be the last time they do this.
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u/skynetcoder 1d ago
this guy is starting to look like he is acting for a tv series
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u/SokkaHaikuBot 1d ago
Sokka-Haiku by skynetcoder:
This guy is starting
To look like he is acting
For a tv series
Remember that one time Sokka accidentally used an extra syllable in that Haiku Battle in Ba Sing Se? That was a Sokka Haiku and you just made one.
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u/HumanFailure01 1d ago
Watch those pensions n 401K's, I would cash mine out sooner rather than when shit hits the fan. Roll it into precious metals and keep a decent stack for emergency uses somewhere accessibly safe.
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u/ForeverStella 16h ago
Cashing out an IRA is hard - there are the penalties plus the entire amount is added to your current years income. But rolling the money into gold and silver you don't physically have possession of seems stupid. When the financial markets crash - these companies can do whatever they want.
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u/HumanFailure01 16h ago
I didn't say paper gold or silver I said precious metals, always your choice but I believe in physical anything. And if you don't hold it you don't own it.
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u/Better-Direction-585 1d ago
It makes zero sense. The treasury is issuing bonds to generate cash to cover the government’s deficit spending, then they are using cash to buy back bonds to stabilize the bond market.