SPDR S&P 500 (SPY)

[Wishthiswasmyjob]

A gold backed digital currency...
Another possible effort to get rid of the "forced USD pegging".
To get away from the control of the Petrodollar.
Over the years we've seen efforts, whether we're talking about this, or the BRICS,
or even going back to Khadafi/Libya and how he wanted Africa to join together and form an African gold backed currency.

All in all, it's ironically sad that the biggest destroyer of the dollar seems to be the US government itself.
We just haven't chosen to live within our means, to say the least.
The powers that be have become the biggest junkies on the planet, knowing only one way to feel better, only one way to fix the itch and that's with more spending, more debt, and to run the printing presses more and more.
Over the years, we knew this path was unsustainable, with dire consequences, and now with the virus shutdown, it seems all we've done is accelerate the vehicle to top speed.

The planet has never seen a train wreck of this magnitude, and it's coming... Very soon.
Anyway... Sorry... You got me going on a monologue.

Let's get back to gold and the simple law of supply and demand, the simple law of fear, safety, and greed.

Gold is a physical asset. Gold has had value for over 5,000 years. The physical supply is limited.
All reasons why, when doubt and uncertainty keeps climbing, in regards to the dollar and equities, the demand for gold and silver keeps rising.
Gold is at all time highs and when looking at the macro picture, very few feel it's a bubble.
Silver just exploded this month, starting it's juggernaut path to catch back up to gold, which it had been lagging far years.

Anyone who's done research knows the silver to gold ratio usually ranged between 40 and 80, and it's now at 83. Silver is currently, historically undervalued when compared to gold.

Another fact... In historical comparisons, gold is undervalued when compared to stocks.

So where do you think silver is when compared to equities?
Here come the jaw dropping charts...
Ultimately, the best investment approach for the next 5 years may be to go long silver and short stocks.
That's how people become mega rich, by seeing the macro trends clearly.

Gold to Silver

Gold to stocks

silver to stocks