I'm seriously considering maxxing out a crefit card with a gold purchase & making payments at a pittance, plus % back on purchase.
The rate at which it's going, and has gone, losing is unlikely.
Overseas open positive generally has meant U.S. positive day as well.
Although gold's a sure thing, silver is so insanely cheap.
If 2025 sees a recession worldwide, which seems inevitable, and silver decides to play catch-up to mean historical gold-silver ratio, even at 30-1, if you can sell your silver back to a dealer or bullion exchange at 40-1, silver purchase now means double the gold then.
Gregory Mannarino has said for YEARS, "Gold will be a 1-1 DOW Jones ratio at correction", EG; Dow tanks to 6-8k, gold is 6-8k/oz.
And silver at even a 20-1 ratio will be sitting at $300/oz. MINIMUM.
I cannot get over this chart....
The disconnect & suppression is staggering.
JP Morgan continues its reign either way.
Silver in a normal world would be at least 9x by this chart, that is $270/oz.
The suppression has basically turned silver into aluminum.
It's
insane.