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Re: Omar8 post# 491

Thursday, 07/21/2022 12:40:31 PM

Thursday, July 21, 2022 12:40:31 PM

Post# of 1973
The current silver/gold ratio is around 90:1. It was quantified years ago... the silver derivatives alone were enough to collapse the banks, as per Bear Sterns. Now they are in even deeper with more participants (even if data shows they are reversing). I think we can expect several larger bank failures to come.

We complain about silver premiums in the US. For years, the premium in Europe can often reach 50% of spot, thus lower sales of silver. Despite the negatives, I believe we are right and on the cusp of appreciation.

In the last several days I have been in the company of wealthy people who are in the same chosen path as us with metal and leaving bank accounts on the side. Most people do not understand. Most people cannot. We are lucky. Our wait now rests with the Dollar.

btw.... ShadowStats on inflation with Europe/America relativity is 21% and 19% respectively.
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