Chinese govt. has allowed its people to own gold and silver.
PMs at very good BUY point, compared to Chinese stock market and their real estate.
Mere inflation demand of new worldwide consumers will work to maintain PMs prices. Its not USA that is buying PMs . . . it is
folks all over the world . . . as its the only 'bank' they have trust in.
The more robots and drones replace humans . . . the more PMs goes into their circuits. Same for solar cells and automation in new factories and control systems.
Do you see HL, etc. laying off workers?
Nope. Just opened a new mine. Their shipping overseas and selling to the USA government mint.
PMs do not rot and can be stored in number of ways.
'Flash crashes', cyber-attacks, and bank 'holidays';) do not lessen PM utility. That's why governments and banks do not really want you and I to have certified public money form of PMs.
Silver bars and coins can even be used to purify a water container of germs (Settlers did it coming out west). Silver oxide ointment is major killer of new forms of viruses, etc. Forget the 'new' R&D costs for super-bug meds . . . that may or may not work? Good luck with that.
Silver batteries are recyclable easily, give very good wattage, very long operating life, and can represent 'storage value' money for a power user. Lithium batts are toxic and can explore if moisture or air gets directly into them. Also a major form of poison for life forms.
We have the best government that bad money can buy.
But they are not stupid enough not to trade in PMs, as every one
knows the stuff I cataloged above. Note that China and Iran have beat the embargo by trading these commodities . . . one for the other. You think the USA Navy would dare to pull over a Chinese ship and seize its cargo, either way. Nope.
Bottom line . . . is you can't make profits if PMs and oil were
not to continuously trade up and down. The Shill Media predictions are involved in someone's game plan.
Also, you shut sub-surface mines down and it takes time and money to bring them back. You need experienced and willing miners.
Desperate unemployed can't immediately fill that job slot profile profitably and safely.
Something business schools fail to understand.
I BOT a little Monday afternoon.
