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TFC Commodity Trading Forum

Re: Silver Dec Weekly
In Response To: Re: Silver Dec Weekly ()

Hi Stephen,

Going back to a gold standard or any precious metal will not happen in this day and age...the rich would need to store all that gold or silver by the warehouse.

You don't need a currency to be backed by it. The strength of a countries currency is their capability of producing something.

Trump has nothing to do with the Fed...They are actually holding up the REPO market at this time by buying corporate debt...which is what they were designed to do in the first place, not that quantitative easing crap... to keep the world from crashing sooner that later.

Spending needs to stop from congress.

Silver and gold will go up once the confidence of the government starts to erode...that is how you get hyperinflation

On a currency reset...which will happen sooner that later now...you must be against any type of digital currency...else we will lose our right of private transactions. This is why they want the push for 5g on our phones...5g has no benefit for the consumer...only banks and governments.