The physical silver market is being drained, leading to limited availability for delivery, and the speaker predicts that the Federal Reserve will raise interest rates to maintain a strong dollar, while also suggesting that precious metals like silver may rise in value as people turn to them as a safe haven.
- The physical silver market is being drained, with limited availability for delivery, and there is a special offer on backdated Australian kangaroo silver coins, while the FED’s decision to pause interest rate hikes was a trial balloon to gauge market reactions and sector impacts.
- Morgan believes that the Federal Reserve will raise interest rates to maintain a strong dollar, but if rates go back to zero, it would signal the dollar has no value; Morgan sp also predicts the fednow program may be a precursor to direct payment methods through the FED.
- Silver market is experiencing a drain as physical deliveries increase, potentially causing issues for big players if the COMEX were to default.
- Silver is being drained from exchanges like LBMA and COMEX, indicating a need for new precious metal influx, possibly from the cryptocurrency market, while gold remains a stable coin.
- Metals will rise in value regardless of interest rates, as people influenced by social media may turn to precious metals as a safe haven, potentially leading to stronger prices by the end of the year.
- Once the window closes and it becomes difficult to buy silver at a reasonable price, the frenzy will likely escalate into a double parabolic, emphasizing the importance of preserving freedom and liberty during times of crisis.
- People may resist the idea of gold and silver-based cryptocurrencies, but face-to-face transactions and black market activities with silver will continue; during times of severe inflation, precious metals like silver become advantageous; Morgan promotes a new speculative silver and Lithium company.