Silver Price Forecast: Silver and the Bond Market Collapse Debt is at the root of money creation in this debt-based monetary system. In fact, as the name suggests, money is debt in this system. Historically, instead of debt as money, there would have been gold or silver. Gold is still somehow linked to the monetary…
Dow About To Crash Like October 1929? Got physical silver and gold?
The context of this silver bull market and the massive debt levels today, suggest that silver will go much higher.
Historically silver and Interest rates have actually moved together. When interest rates are going up, then silver is going up. When interest rates are going down, silver is going down.
Sometime during the Dow’s next leg down, there is likely to be a significant silver rally, which would take silver higher than the April 2011 high.
If you look at monetary history, then you will find that we have moved from periods where mostly real or tangible assets like gold and silver acted as monetary claims on goods and services in the economy, to today where mostly credit or debt claims (fiat currencies like the US dollar) act as monetary claims on goods and services. Therefore, we have moved from a real asset-based monetary system to a debt-based monetary system.
The structure of the current silver bull market has a lot in common with the 70s one. However, there are also some differences, which actually favour a stronger silver performance during this bull market.