The Global Financial Market took a big hit in 2015 and most investors have no idea why. The U.S. and global financial system both sit on a foundation that continues to erode each year. While the disintegration of the global financial substructure has been going on for many years, last year was a BIG ONE.
How big? Well, lets say…. the worst in 60 years. So, what am I referring to here? Well, I imagine some of you who have been reading my work for several years probably have an idea. However, before I share this information, I wanted to say a few things about the precious metals.
Last week I listened to the Future Money Trends, EPIC Silver Debate! Bull vs Bear: Gary Christenson & David Trungale. The silver bull was Gary and the silver bear was David. Basically, Gary provided technical and some fundamental data why he saw the price of silver moving much higher over the next two years, while David said the market would continue to see low silver prices for quite some time.
David Trungale stated that someone who bought silver in 1980 (at the top) would have to wait several decades to get the return on one’s investment (I am paraphrasing here). Mr. Trungale believes that it could be quite some time before silver investors saw higher prices. I gather David is gauging his silver forecast by low inflationary forces and a similar silver washout timeline from 1980-2005.
While both individuals put out interesting information to prove their opinion on the future price move in silver, I think a few points need to be added to the debate.
1) The reason we had nearly three decades of floundering silver (and gold) prices, is that the world was busy funneling their hard-earned funds into every single paper asset under the sun. I have written and spoke about this in many articles and interviews. Thus, the funneling of investors funds into paper assets kept them from going into physical assets such as gold and silver. I discuss this in my recent article
The Historic Dow Jones-Silver Ratio Points To $300 Silver.
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