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As we near the end of 2024, Rick Rule joins me on the show to talk about his takeaways from this year's gold and silver rallies. As well as how he now sees the precious metals bull market evolving in th years ahead.

Although perhaps even more importantly, Rick talks about what happened with the Sprott PSLV trust in the months after the silver squeeze in 2021 when they cleared out the physical inventory in multiple cities.

You'll also want to hear about how close he feels the silver market came to breaking back then, why it didn't ultimately happen, yet whether he expects it to occur in the future (you'll be glad to watch this just based on his answer to that alone).
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Silver.is making new highs in Australian dollars.
 
That's the markets giving back the Trump bump after he won the election.

Keep the 2025 faith of $3k Au and $40 Ag.
 
The market is and has been way over priced for a long time. Other than mining companies of course. LOL. A good 20-30% correction is just what this market needs to get rid of the froth at the top. Irrational exuberance is what Greenspan used to call it.

I suspect if inflation continues to climb we will see JP reverse course and start to raise rates again. Metals will go lower. No idea where the bottom would be but I'm not selling anything.
 
listen in a separate tab

Why Did Fed Crash Markets Today? ‘Something Is Going To Break’ | Komal Sri-Kumar​

38
 
Silver.is making new highs in Australian dollars.
When an ounce of silver will buy me more widgets than it did...then, I know, silver is going up.

Right now it will buy me more FRNs. Or more fiat in other flavors.

THOSE things buy FEWER widgets, and the difference is great enough that silver seems to be losing a little ground.

Of course that's because of a manipulated market; but this is how we measure whether our PMs are, at the moment, doing their job, protecting stored value.
 
When an ounce of silver will buy me more widgets than it did...then, I know, silver is going up.

Right now it will buy me more FRNs. Or more fiat in other flavors.

THOSE things buy FEWER widgets, and the difference is great enough that silver seems to be losing a little ground.

Of course that's because of a manipulated market; but this is how we measure whether our PMs are, at the moment, doing their job, protecting stored value.
Yowza. The market can play their game. Until it can't. Nothing changes the box of 90% silver coins in your closet. It is outside their games.
 
Big investors & corporations are hoarding cash like NEVER before

This is unlike anything we've seen

A thread 🧵Image
2/ Money market funds currently offer yields of around 5%

Which is one of the highest levels in the last 20 years

A 5% return may not sound spectacular

But in today’s environment, it’s compellingImage
3/ Compare that 5% cash yield to the S&P 500’s earnings yield

Which is currently around 3%

And you can see that cash yield is 2% higher than the S&P 500’s earnings yield

The latter of which basically measures the ROI from holding stocksImage
4/ Historically, stocks outperformed cash

But today, cash offers better return

This rare setup flips the traditional investing script

With stocks yielding less than cash, investors like Buffett may see stocks as a weak long-term play
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Full show notes and transcript: https://www.monetary-metals.com/insights/podcasts/mark-valek-combining-bitcoin-and-gold/
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Chapters
00:00 - Teaser
01:50 - Mark Valek
02:24 - Background and Investing Journey
03:18 - Understanding the Austrian School of Economics
07:05 - Austrian School for Investors
08:25 - The Concept of a Sound Money Portfolio
09:12 - Combining Gold and Bitcoin
10:46 - Harnessing Bitcoin's Volatility
14:19 - Rebalancing and Writing Options
17:05 - Alternative Asset Perspectives Across Generations
22:37 - The Impact of ETFs on Gold and Bitcoin
29:56 - Liquidity and Volatility in Bitcoin and Gold
35:57 - Correlation and Diversification with Silver
44:40 - Inflation, Deflation, and Asset Allocation
51:54 - Revisiting the 60/40 Portfolio
53:58 - Mark's Unique Approach
55:00 - Future Podcast Questions
55:51 - Earn Interest on Gold
 
Looks like there is decent support in the 25 area. I think the tariffs are going to make everything more expensive which will slow down consumerism to bare necessities for the average person. I think trump will do away with the stupid green new deal stuff as well which will slow demand for silver. Just my wild assed guess.
 
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