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This compilation of financial insights includes videos from Arcadia Economics, Bix Weir, and ITM Trading.
Arcadia Economics discusses the sub-$30 silver price continuing to restrict future production. Bix Weir talks about Biden locking up acres of gold in the Grand Canyon. Lynette Zang and Eric Griffin on ITM Trading answer questions about preparing for a post-Dollar crash with precious metals.
Arcadia Economics
Premiered Aug 9, 2023
The #silverprice is trading lower through the first 3 days of this week, with the spot price now under the $23 mark again. Which is a reflection of the futures trading on the COMEX, yet ignores the rising costs the silver producers are facing in a market that’s already in a deficit.
Costs for the silver #miners are continuing to rise, which has made it increasingly difficult for many companies to exist as primary silver producers. And with non-primary producers also facing a challenging political and permitting environment, there doesn’t seem to be much relief coming on that side either. As a result, it remains a mystery of where the silver will come from to drive the green agenda that the governments around the globe are calling for.
In today’s show we discuss the mining situation with silver exploration expert Steve Cope of Silver Viper Minerals, who sheds light on the actual costs many of the mining company are facing, and why we’re not going to see a lot of new projects coming online as long as the silver price remains below $30.
He also talks about how the Fed’s interest rate policy is affecting the situation, as well as the implications of Moody’s downgrade of 10 of the regional banks earlier this week. That suggest that the banking issues we experienced earlier this year are not entirely behind us, which could be a driver for gold and silver in the 2nd half of 2023.
So to find out more about how all of these dynamics fit together around the precious metals markets, click to watch this video now!
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RoadtoRoota
Aug 9, 2023
Biden locks up 1M more acres around the Grand Canyon a “National Monument” to stop future Gold Miners! Silver Riggers added 47Moz of Silver Derivative “TAS” contracts to hold back the price for jut yesterday!…it’s all about to break wide open!!
100 years from now Historians will look back at this time and say “Bix Weir’s ‘Road to Roota Theory’ was the closed thing to what was REALLY HAPPENING in Real Time behind the scenes in the Death of the Dollar Days!”
Sit back and ENJOY (aka..Survive!) the SHOW!
ITM TRADING, INC.
Streamed live Aug 9, 2023
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Viewer Questions:
Question 1: 0:45
Lynette, you talk about “barterability.” Does this mean that after the dollar crashes, one’s precious metals are “bartered” for goods/services?
Question 2: 3:14
Who determines when a country is bankrupt?
Question 3: 6:35
Why do we have to pay the Debt that the Government and the Central Banks did?
Question 4: 7:57
Might The Black Swan Moment get a nudge on the 22nd of August when The BRICS Countries launch their new trading Currency linked to the weight of Gold etc?
Question 5: 17:10
During which economic situations does the demand for gold typically increase?
Question 6: 18:00
What happens to the markets after the dollar collapses?
Question 7: 19:15
Lynette, may I suggest a new addition to your Mantra? (Crypto?)
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