If the market believes the banking crisis is over, think again… the worst is still yet to come. The banking and financial system is actually setting up for a bigger meltdown than the 2008 Bear Stearns & Lehman Brothers collapse. And, to make matters worse the world is sitting a massive amount of debt and extreme leverage.
We can tell the banking and financial system is so much worse today than in 2008 by looking at the surging Gold Eagle & Buffalo demand in just the past two months.
Lastly, if you want to pay $2-3 less for your Silver Philharmonics, we suggest you check out CLOUD HARD ASSETS prices. I find it quite interesting that the larger online dealers charge so much more for their gold and silver bullion products.
You can contact Tom, Dan, or Katherine… Click here: CLOUD HARD ASSETS. You can also call (800) 247-2812.
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Very clear presentation; thanks.
However, the unfolding and impending situations in the economy and energy are not clear or even understandable for those that have not had their attention on it.
Some are in denial; some have succumbed to the intentional misinformation or “bread and circuses” narrative put out by governments and ignorant individuals.
Many elected and appointed officials don’t understand any of this.
DC,
You’re right!
It’s both amusing and surreal to see people talking about shopping, vacations, retirement and career as if nothing is wrong. They do not understand that we are in the eye of the storm.
These events are breaking out across the globe, and yet, MOST in the West remain in denial of what is coming and are not prepared nor preparing. The “signs of the times” are everywhere, but the masses continue to slumber.
Millions upon millions are going to die prematurely because they will either not be aware or they will choose long-term denial for the sake of short-term comfort.
Thank you Steve. That was a great peek under the hood and a heads up to anybody not paying attention.
Can I say it one more time?
“There is no SILVER!”
Steve
You quoted in the video, “Things do peak”, and “You can produce more but it’s going to take a lot more energy, which is not going to be there”. Around the 11.11m time.
A small post for the Australians:
Quote:
Australia’s National Digital ID is here, but the government’s not talking about it. Published: January 28, 2020 5.52am AEDT.
First paragraph:
“The Australian government’s Digital Transformation Agency (DTA) has spent more than A$200 million over the past five years developing a National Digital ID platform. If successful, the project could streamline commerce, resolve bureaucratic quagmires, and improve national security”.
https://theconversation.com/australias-national-digital-id-is-here-but-the-governments-not-talking-about-it-130200
What I am particularly interested in, is this.
The apparent contradiction:
There appears to be an increase by governments and corporations to push us very quietly into the DIGITAL GULAG. It is not only the extraction of our FINITE resources that will consume more energy, but it will also be our HIGH-TECH INDUSTRY.
This at a time when we are endeavoring to transition from a HIGH hydrocarbon energy economy to a LOW hydrocarbon energy economy, a.k.a. renewables.
It doesn’t make sense!
They say, “Give a person a, Digital ID, Bank Account and Smart Phone and you have control of his/her life”.
I think the path we are on is very FRAGILE, little thought is being given, in policy to the required energy needed to maintain the system we are building.
There is a story here somewhere!
“…little thought is being given, in policy to the required energy needed to maintain the system we are building.”
The quasi-intelligent authorities want the system; just like most others out there, educated or not, there is no cognizance of the finite nature of natural resources (commodities) that supply energy.
When billions of clueless people all over the şoför finally understand that silver is the best store of value and energy, it will be unfortunately very late for them. For:
1. Silver mining output will have dropped substantially (Energy Cliff, falling ore grades, stumbling base metal mining, environmental & political issues, possibility of a new contagion,..)
2. Not only smart investors, but also most Central Banks and the Global Industry (daily need for silver: at least 50 tons, > 500.000 uses, irreplaceable) will have taken hold of most of the remaining metal.