Just like clockwork the gold and silver prices got hammered as the Federal Reserve meets. For those so inclined, it is a great day to day to your positions. Russia and China continue adding to theirs:
The sanctioned perception games of manipulating the paper markets allow investors to simply buy on the dips. If a global depression hits, all prices will go down and pain will be suffered by all. Those who are prepared will suffer least and will be in a position to minister to others.
If everyone’s debt is forgiven, I would suggest that a new currency backed in some form by gold and/or silver will emerge. If that is the case, one would think that holders of silver would be rewarded for their forward thinking. Either way, the current fiat currency paradigm may not last much longer.