To The Moon

In my humble opinion. Based on a lot of research and understanding the emotions of investors trump has zero impact on the price of precious metals. The banks control the prices and more importantly the narrative. But this week paper silver (spot price) @TigerTrade is going to be tested, while china sleeps. The spot price of silver I'm my opinion will become meaningless. COMEX will fail massively. Or not. Money talks after all. But everyone in the know, knows paper silver is screwed this week. Gold, no. 

I hope companies like $Pan American Silver(PAAS)$  take a dive. I'll buy more cause well they don't trade paper silver. They mine silver, and I'd encourage you all to look at their latest results and projections. 

To suggest, "will silver rebound" is nonsense. It reached historic highs on manipulation, then pulled back on even more manipulation. Paper manipulation. Every paper trade is paper. A right to buy physical silver, but there is six times more paper rights to silver than actual silver available. In five days all that silver will be called for delivery. 

So the rules will be changed. just like currency. Paper silver will no longer require actual silver. Delivery will cease to exist. It will become a paper promise. Backed by a meaningless promises.

It's not new, a $1 US dollar bill, for example used to be backed with gold. The piece of paper was backed with gold reserves in Fort Knox. Now it's not. The US treasury now just prints money as needed, the backing is not gold, it's the promise that they can raise taxes to honor debt. I'm not picking on American here, most other nations do the same. 

So the question becomes, if Paper is no longer backed by precise metals, but instead by a promise. do you trust the government or the banks? I don't expect any answers to that. Maybe trust the church Instead. 

Personally, I don't really get fixated on any of this. I just look for great companies with amazing products and great teams of people that deliver. 

Paas will definitely deliver this year. It's a cycle stock, and a nice position for me In my portfolio 

@Tiger_SG @MillionaireTiger @MojoStellar @Tiger cub @TigerWire @Tiger_SG