Silver Investing During The Coming Financial Storm
What lies ahead is a collapse and disintegration of a previous way of life. It's important to understand that "Business, as Usual" is over for good...
by Steve St Angelo of SRSrocco Report
While the world has entered into a financial crisis, the worst is still yet to come. When the global contagion continues to spread, the crisis will turn into a FINANCIAL STORM, in which few are prepared. Unfortunately, the analysts on CNBC and Bloomberg continue to provide incorrect forecasts because they are looking at the markets in a linear fashion. What lies DEAD ahead is a collapse and disintegration of a way of life that won't return as it was in December 2019.
Thus, it is important to understand that "Business, as Usual" is over for good. With the United States on lockdown for at least another month, the situation in the financial system and economy will continue to deteriorate. It won't matter how much the Fed and central banks prop up the markets, because the Fundamental Economy has suffered a massive heart attack.
In my newest video update, Silver Investing During The Coming Financial Storm, I explain why it's essential to acquire physical silver bullion as the negative impacts from the global contagion has just only begun:
In the video, I explain how the global contagion has forced investors to move down the Exter's Pyramid to safer assets, with gold and silver being at the bottom. The largest financial assets (in dollars) at the top, are the weakest. And, now, with Global GDP currently forecasted to decline 36% in Q2 2020, a lot of these financial assets are in serious trouble.
In the video, I explain how the global contagion has forced investors to move down the Exter's Pyramid to safer assets, with gold and silver being at the bottom. The largest financial assets (in dollars) at the top, are the weakest. And, now, with Global GDP currently forecasted to decline 36% in Q2 2020, a lot of these financial assets are in serious trouble.
I forecast that as the financial system continues to implode, Large Investors, Hedge Funds, and Institutions will start acquiring 1,000 oz wholesale silver bars to protect wealth. They will not be buying these bars for Industrial-Jewelry-Silverware consumption, but rather, to protect their wealth during the coming Financial Storm.
If it is challenging to acquire smaller retail silver productions (1-100 oz), back ordered for weeks-months, then it makes logical sense to seek out the larger (lower premium) 1,000 bars. While some investors may acquire these 1,000 oz silver bars to make smaller retail products, I believe a large percentage will hold them as an investment while a lot of financial assets continue to lose value.
If you haven't purchased any Gold or Silver Insurance, you may want to consider doing so before it's difficult to acquire the physical metal.
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