Tuesday , 24 December 2024

Massive Debt Levels Will Push Silver To $150 And Beyond (+3K Views)

The process of the devaluation of gold and silver, started by the demonetization of10 Ounce Silver Bullion Bars gold and silver, is about to reverse at a greater speed than ever before. This is similar to what happened during the late 70s, when the gold and silver price increased significantly. However, what happened in the 70’s was just a prelude to this coming rally. The 70’s was the end of a cycle, this is likely the end of a major cycle; an end of an era of the debt-based monetary system (dishonest money). Let me explain.

So says Hubert Moolman (hubertmoolman.wordpress.com) in edited excerpts from his original article* entitled Silver Price Forecast: Massive Debt Levels Will Push Silver To $150 And Beyond.

[The following article is presented by  Lorimer Wilson, editor of www.munKNEE.com and the FREE Market Intelligence Report newsletter (sample here) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.]

Moolman goes on to say in further edited (and perhaps paraphrased in some places) excerpts:

This era of dishonest money has filled the economic world with many promises that will never be fulfilled. There will be a massive flight out of paper promises into the ideal safe haven assets that would offer protection. In my opinion, silver will be the leading asset when this flight out of paper promises happens. This fraud started with the demonetization of silver and it will end with silver taking its place as money – the most marketable commodity.

If silver only equals the performance of the 70s, it will reach $150. However, this cycle will only be over when silver and gold are not quoted in the current fiat currencies or any other fiat currency. Instead, most goods would be quoted in terms of silver and gold.

Below, is a self-explanatory comparison of the current silver bull market and the 70s bull market:

moolman
[Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.]

*http://hubertmoolman.wordpress.com/2013/08/29/silver-price-forecast-massive-debt-levels-will-push-silver-to-150-and-beyond/ (For more of this kind of analysis on silver and gold, you are welcome to subscribe to my premium service. I have also recently completed a Long-term Silver Fractal Analysis Report.)

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