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PiMBEEB-A-LOOZA Statistics That Will Blow Your Mind!
Despite being extremely adverse to near-term “predictions,” I have lately been as vehement, and persistent, as ever in stating that this is, in my very strong view, the best Precious Metal buying opportunity of our lifetimes – particularly, now that the COMEX “commercials” have reduced their (naked) gold and silver short positions to their lowest levels since Precious Metals’ ultimate bottom in December 2015.
Frankly, the only comparable situation I can recall is the bottom of the Cartel-orchestrated paper plunge at the commencement of the 2008 crisis – which has an “asterisk” next to it, given that physical premiums surged to roughly 30% in gold, and 100% in silver. Only this time, supply on the retail level is readily available, and premiums historically low; as opposed to the worldwide wholesale market, where supplies have never been tighter. In other words, the historic Precious Metal valuation anomalies currently seen in the West; which I personally have been taking advantage of – particularly in the gold numismatic market, where prices of century-old certified coins have fallen to barely above the levels of newly minted ones; are decidedly not available in the East. And likely, won’t be in the West for very much longer.
Since Election Day, the level of global market manipulation has stair-stepped several rungs higher, to the point that nothing I have witnessed in my 15 years in the Precious Metal markets – and 28 in financial markets in general – holds a candle to it. Clearly, I was right in predicting a Trump victory would be the equivalent of a “BrExit times ten” – as if it weren’t for such unprecedented, 24/7 manipulation, financial markets would have dramatically crashed already – just like the economies underlying them, as we speak. In other words, just as “Trump-flation” was dead on arrival, Euro-flation, Sino-flation, Nippon-flation, and all other attempts to revive history’s most oversupplied, over indebted, distorted, decayed, and dying economy are falling flat on their face; with each passing day, making it more patently obvious that today’s government-supported stock and bond markets are sporting dotcom valuations in a Great Depression Era; as opposed to government-suppressed gold and silver, which feature Great Depression valuations in what should – and inevitably, will – be a “dotcom” Precious Metal Era.
Aside from the economics yielding a hard floor on Precious Metal prices – such as surging demand and plunging production – news flow has not been this PM-bullish since the bottom of the 2008 crisis. Only this time, gold and silver markets are a lot tighter; and Central banks have used most, if not all of their ammo to delay the inevitable. Better put, I cannot recall so many PiMBEEB, or Precious Metal bullish, everything-else-bearish items – both actual and potential – in my entire 15-year Precious Metal stint. Which sadly – or happily, for the small handful of Precious Metal owners – will only get worse, as history’s largest, most destructive fiat Ponzi scheme races through its malignant terminal phase. To that end, the Miles Franklin Blog works tirelessly to bring it to you, each and every day; which hopefully, you can capitalize on to both protect your portfolio from what’s coming (hyper-inflation), and profit in the interim.
Today, I’m simply going to run a few statistics, charts, and news stories by you – from the past 24 hours alone; to, in true PiMBEEB fashion, emphasize just how powerful the current Precious Metal buying opportunity is. So, in no particular order, here we go.
Keep in mind, this is just 24 hours’ worth of PiMBEEB headlines, charts, and stats – in an increasingly PiMBEEB world, that in contrast, will appear “gold-bearish” compared to what’s coming in the next 12 months. In other words, the path to economic collapse, unfettered money printing, and draconian government actions has never been clearer – at a time when history’s best means of PROTECTING yourself from such events; i.e., physical gold and silver; have never been so underpriced.
If you have an interest in buying, selling, or storing Precious Metals, we humbly ask you to call Miles Franklin at 800-822-8080, and give us a chance to earn your business.
About Andrew Hoffman / Media Director