Gold Could Hit $27k as Auto Loan Crisis Escalates

Jim Rickards has been making bold predictions for a long time.

In my opinion, the thing about precious metals is yes have some absolutely, Dollar cost average them put them away let them sit and forget about it.
Until you can’t forget about it.

They are certainly hedges but they are not get rich pieces.
The time and energy even thinking about it moving it and transporting it is energy wasted for true human production.

Super happy things are going up, but everything is going up.
We don’t want to live in the world where precious metals are through the roof.
Real relationships with good movers in the industry and being able to test them is crucial.
There is a mass/gravity water test for gold, ping tests for silver, & others.

Silver kilo bars are generally cheapest, but require relationship & testing.
Constitutional pre-64 is a staple.
Silver coinage is a good reason to stack .999 regarding ping tests.
Gold is tough to fake in small amounts.

I agree with Greg manarino’s point of view regarding a possible gold to DOW 1:1 ratio.

13-minute mark.

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