Cdn Zinc Corp J (CZN) 0.67 ? -0.01 (-1.47%) Volume: 88,500 @ 12:33:39 PM ET Bid Ask Day's Range 0.66 0.67 0.65 - 0.68 TSX:CZN Detailed Quote Wiki
The declines in commodities were overdone on the concerns over China’s economy,” said Adrian Day, who manages about $135 million as the president of Adrian Day Asset Management in Annapolis, Maryland. “We’re seeing a more realistic view of the Chinese economy.
Massive Debt Levels Will Push Silver To $150 And Beyond Hubert Moolman | Monday, September 2nd
The massive debt bubble created by our monetary system is about to burst. The demonetization of gold and silver, has over the years diverted value from these metals, to all paper assets (such as bonds) linked to the debt-based monetary system.
The process of the devaluation of gold and silver, started by the demonetization of 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).
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:
For more of this kind of analysis on silver and gold, you are welcome to subscribe to my premium service. by Hubert
“And it shall come to pass, that whosoever shall call on the name of the Lord shall be saved”
$CZICF - Canadian Zinc Corporation: Drill Program Underway for South Tally Pond, Newfoundland - Drill testing of a new massive sulphide zone near Lemarchant deposit - Phase two Step-out drilling from known resources at Lemarchant deposit - Drill testing of a strong geophysical anomaly
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