CRITICAL MARKET UPDATES: Problem, Reaction, Solution. By Gregory Mannarino

in #goldlast year


Gregory Mannarino

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Thanks again, Gregory. The is still time to get some real Dollars.
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What design would you like to see on our new Five Dollar Silver Bullion Coins...???
July 29, 2020... 12.3 Hollywood Time...

If you are talking a one Troy ounce 9999 Silver coin, I'd prefer a One Hundred Dollar design and if inflation continues, reduce it to a half Troy ounce 9999, $100 coin. Thanks for asking.

Well... What needs to happen, is that the One Dollar Silver Eagles need to be Discontinued and replaced with a Five Dollar (one ounce) Silver Eagle, because the Melt Value of the Silver needs to be less than the Face Value of the Five Dollar Silver Eagle... The Melt Value of Silver will become "Stable" at $3.50 per ounce in Sound Money... That's $350.00 per ounce, if Measured in Fiat (Debt Note) Money...
July 29, 2020... 19.0 Hollywood Time...

Sounds reasonable to me, as long as they are Silver.

I thought you'd like the Final and Stable melt value of Silver...I gave it a lot of thought...There's a very good reason to replace the One Dollar Silver Eagles with Five Dollar Silver Eagles... You should visit some of my posts... I have plenty...
July 30, 2020... 19.7 Hollywood Time...

It’s been coming for a long time now, but many still can’t see it. Thanks mike

Thanks Greg. That is pretty near demonetize territory isn't it. Do you think there is going to be a pull back in the metals due this week.

I expect that after a big run higher, we will get a pullback which is bullish.