you're watching silver News Daily subscribe for more imagine seeing silver prices Skyrocket to $3,000 by the end of the year it sounds unbelievable right but Financial expert Michael Pento believes this could be our reality in this video we'll break down the compelling factors that support this bull prediction from market trends to geopolitical tensions and economic policies stay tuned to uncover why silver could soar like never before and don't forget to subscribe for more eye-opening Financial Insights isn't

that Wonder that's the truth D again that's why I come on shows like yours because you get the truth the truth is that when you were able to untie your dollar whatever Nation Zimbabwe you know Argentina Hungary Germany uh what whatever Nation pursued that path and they've done you know various times throughout history of just saying hey let's just print money to print money to keep interest rates from rising and buy our debt and that always gets out of control and that always leads to

hyperinflation so you say well and some people say well that Mr Pento that could never happen in the United States why not do the laws of Economics not apply to the United States of America oh oh because we're the world's resered currency but we're losing that but Rome had the world's Reserve currency the Roman Empire and that caused that that still didn't prevent inflation from going to th% foran in Rome it can happen if it happened in Rome the the only world power there was

in the known in the known world uh it could happen to the United States absolutely remember this that it wasn't too long ago when I first got into business uh about 33 years ago where the idea of having a deficit that was a trillion dollars would be completely an aema they were they were they were they were Central Bankers were bragging about how we would never have a trillion dollars in deficit we would never monetized debt we well you monetized four and a half to five trillion dollars just since covid

monetized you just printed it f the central bank's balance sheet went from $700 billion in in in the wake of the financial crisis uh prior to the financial crisis to over9 trillion and now they're now they're in a rush to stop ative tightening why you happy are you happy with inflation rising at three and a half now you know I did go to school and did take a lot of math classes so is three and a half% higher than two it's a lot higher than two right so why are we why are we looking for

reasons to cut interest rates and why are we looking for a way to get out of quantitative tightening when inflation is way above your Target and like I said before prices need to full not go up more slowly from an unaffordable level currently silver is experiencing a strong bullish Trend recent data shows silver climbing 0.59% trading at $30.3 and recovering from near weekly lows this upward movement is supported by softer than expected us durable goods data and improved consumer sentiment technical analysis indicates that the

relative strength index RSI remains bullish signaling strong buyer momentum even after After exiting overbought conditions this suggests that silver has the potential to push higher with key resistance levels at $30.96 $31.50 and the year-to-date high of $32 51 the consistent performance above the psychological level of $30 paves the way for further gains significantly trenchant to avoid the next recession the problem is they can't do it and the reason why they can't do it I mean they can tinker around the edges they can

lower rates by you know 2550 basis points but here's the here here's here's the ISS here's the reason why they can't home prices are up 50% in the last four years 50% taxes and insurance costs have skyrocketed Dylan home ownership home ownership is unaffordable and then you take food prices they're up 37% according to the Wall Street Journal 37% in the last couple of years um so when you have when you have a a consumer and corporations that are under this much debt and this much

uh an onerous condition of refinancing the debt um what really needs to happen is for prices to fall but what's what's happening is they're going up at a slower rate so again let me reiterate if home prices are up 50% and they are according to K Schiller in the last four years I pulled that date up this morning so it's fresh data 50% 47 change to be exact home prices need to fall not go up more slowly and when your when your trip to the grocery store costs almost 40% more than it did a few years ago prices need

to fall not go up more slowly but the FED is out there saying you know what we're we have a victory so they're not going up 9% anymore they're going up three and a half% year-over-year change that's that to the FED is a victory and why is the Fed interested interested in declaring that you know um obfuscating that as a victory because they understand if they don't get interest rates down quickly we're going to have a recession and it's going to be a sharp one um I don't think

they can until the credit markets freeze and the money markets and and in that case we're going to have and here's where I'll wrap it all up I think we're going to have a another bout of disinflation and perhaps even head into a a truncated period of deflation as just everything just shuts down now let's dive deeper into one of the most critical factors driving the bullish sentiment for silver the supply demand imbalance this imbalance is a key indicator of why silver prices are

poised for a significant surge first let's talk about the supply side the global silver market is experiencing a fourth consecutive annual deficit this means that the demand for silver has consistently outpaced its supply for 4 years in a row one of the primary reasons for this deficit is the reduction in mining output many Silver Mines have faced operational challenges regulatory hurdles and higher production costs leading to lower overall output on the other hand demand for silver is soaring especially in industrial

applications silver is not just a precious metal it's also an essential industrial commodity one of the most significant areas of growth is in solar photoal takes the push for renewable energy has led to a substantial increase in the production of solar panels which require a significant amount of silver according to recent reports demand from the solar sector alone is expected to reach record levels further straining the already tight Supply but it's not just solar energy driving demand silver

is also used in the electronics Industry medical devices and even in the automotive sector particularly with the rise of electric vehicles these applications are expanding rapidly and with the global push towards Greener Technologies the demand for silver in these sectors is only expected to grow moreover Silver's role as a hedge against economic uncertainty cannot be overlooked in times of financial instability investors flock to precious metals like silver and gold the current global economic environment marked by

inflationary pressures and geopolitical tensions has made silver an attractive investment option this Safe Haven demand further exacerbates the supply demand imbalance another crucial point to consider is silver's undervaluation compared to Gold historically the gold to Silver ratio which indicates how many ounces of silver it takes to buy 1 ounce of gold has been a key metric for precious metal investors this ratio has recently been at historically high levels suggesting that silver is significantly undervalued relative to

gold as investors look to capitalize on this discrepancy increased buying pressure on Silver could lead to a substantial price increase all these factors combined create a perfect storm for silver prices the consistent Supply deficits Rising industrial demand Safe Haven buying and historical undervaluation are powerful forces that could drive silver prices to unprecedented levels so with the supply dwindling in demand skyrocketing it's clear why experts like Michael Pento are predicting a massive surge in silver

prices stay tuned because in the next segment we'll explore how Silver's performance compares to gold and why this could signal a major shift in the precious metals Market we and then by doing that they have a tool it's a fiat currency it's not backed by anything not it's unfettered with the price of gold or tied to it in any way or any commodity it's not it's not tied to GDP growth it's not tied to productivity growth it's not tied to population or or labor force growth it's tied to one

thing what do these 12 Apostles the 12 V voting members of the F Federal open marketing committee what do they think that's what it's tied to and so uh what they say is their calculation is uh well banks will go under and we'll have a depression if we let asset prices fall to where they should be where where they can be supported by the free market can't have that so we're going to pretend that we care about the poorest among you but if they did then wouldn't they just look at

the Wall Street this is not my numbers The Wall Street Journal and undercounted it a 37% increase in food prices nobody's income I mean nobody a very very small percentage of US population has had their incomes increased 37% over the past few years and as a matter of fact if you look at the the BLS data from the non fund pay report a lot of people are losing their we're creating we're creating part-time jobs and losing full-time jobs with benefits and higher wages so there's a good there's a cogent

ARG argument to be made that you know your incomes are flat they they're skewed to the uh wages and incomes are skewed to the higher end the top quintile is doing fine the lower four are getting def you know you know wiped out 78% of Americans are living paycheck to paycheck I think some 60% of them don't have ,000 doll in the bank and that's that's a success this never would be remotely possible if we didn't have 100% fiat currency and the FED didn't think they had a tool I said wait

a second why do we have to live in reality we could just print money and every recession and every bare Market can be monetized away with our tool next let's compare Silver's performance to gold and understand why silver might be set to outperform its more illustrious counterpart historically gold has always been the goto precious metal for investors during times of economic uncertainty it's considered a safe haven asset a store of value and a hedge against inflation this status has

allowed go to reach record highs while silver has often lagged behind however the Dynamics are starting to shift while gold continues to perform well Silver's broader industrial applications and the current market conditions are positioning it for potentially greater gains silver has always been known as po man's gold but this label belies its significant industrial importance one of the critical differences between between gold and silver is their industrial utility gold is primarily used in

jewelry electronics and as an investment in contrast silver has a much broader range of industrial uses apart from its use in jewelry and investment silver is vital in manufacturing solar panels electrical contacts and various types of industrial equipment this makes silver more sensitive to Industrial demand and economic growth recent data shows a burgeoning demand for silver in several high-tech Industries for instance the automotive industry especially the production of electric vehicles EVS

heavily relies on Silver for its electrical components as the world transitions to Greener Technologies the demand for EVS is set to explode subsequently increasing the demand for silver moreover the ongoing Global push for renewable energy has led to a significant rise in the production of solar panels silver is a critical component in photovoltaic cells which are used in solar panels as countries strive to meet their renewable energy targets the demand for solar panels and hence silver will continue to grow

another point of interest is the gold to Silver ratio which we touched on earlier this ratio is currently at historically high levels indicating that silver is under value compared to Gold traditionally when this ratio is high it often leads to a correction where silver prices increase at a faster rate than gold investors looking to take advantage of this correction are likely to buy more silver driving its price up further additionally the supply constraints that silver faces are not as pronounced in

the gold Market while gold mining operations have also faced challenges they have not seen the same level of deficit as silver the tighter Supply conditions in the silver market combined with increasing demand create a unique opportunity for silver to outpace gold in the coming months investor sentiment is also shifting as gold prices soar to record highs some investors are turning to Silver as a more affordable alternative with significant upside potential this shift in sentiment is further fueled by the economic policies

and geopolitical uncertainties that favor investments in Precious Metals in conclusion while gold has historically outperformed silver the current market conditions suggest a potential reversal Silver's broader industrial applications combined with its undervaluation relative to gold and the supply demand Dynamics position it for a major breakout stay tuned because next we will de into how geopolitical tensions are influencing silver prices and what this means for future market trends in the

economy that's very that's a very Salient risk so how am I positioning my clients I'm I'm getting ready for possibly moving that in that direction which would be sectors two and one of my investment spectrum and then I see intractable stagflation after that because the fed's going to say listen I I mean we have to ignore the fact that home prices were up 50% we can't let them drop even maybe 15 20% without back bankrupting every Bank on the planet and every pension plan and the consumer would you know the the

wealth effect would go into reverse in a huge way if if stock prices drop by 40% which is where they need to drop just to bring them back into historical Norms so they can't they can't let that happen so then we're going to just go back to Zer and QE and helicopter money and if that happens you're going to see intractable stagflation like we've never before seen so it you know a lot depends on what the government does I think and I even heard Janet yelling today say that listen we have to get

rates down we the the the treasury cannot afford to refinance its debt don't forget the 10-year note was 33 basis points right after covid now it's 4.6% uh the twoyear the two-year notes almost five was 4.85% 4 almost 4.9 was 5% a few days ago they just can and and they're issuing a lot of T bills right a lot of this debt is being issued at the short end now paying next to zero is great but paying 5% when your debt to GDP is 123% you have you know was it 37 38 trillion dollars of debt

outstanding and Rising rapidly when your annual deficits are two trillion when interest on the debt is a trillion it's just not a tenable position so that so what I'm saying is the government understands that to keep the rules alive it's a lot easier just to pursue inflation than to lie about it I'm ly and they they they do they they they're they use mendacity and why wouldn't you know any any sentient Central Banker would say listen home prices are too high they're not

affordable there's no market for them anymore they have to come back down but they don't care about that they care about Banks so they're going to flood the system liquidity and I and I and I see a very very long and dangerous and unsuccessful battle with stagflation geopolitical tensions have always had a significant impact on precious metal prices and silver is no exception recently escalating conflicts in the Middle East particularly the tensions between Israel and Hamas have played a

crucial role in driving silver prices higher let's explore how these geopolitical factors are influencing the market and what this means for the future first consider the immediate effects of geopolitical instability when conflicts arise uncertainty spreads across Global markets investors seek Safe Haven assets to protect their wealth from the volatility and risk associated with such events silver like gold is one of these Safe Haven assets The increased demand for silver during times of geopolitical termoil often

leads to price spikes for instance recent Israeli air strikes in Rafa and the subsequent rocket attacks claimed by hamus have heightened tensions at the region these events have not only caused significant loss of life and property but also rattled financial markets investors concerned about the potential for a broader conflict and its impact on the global economy have turned Miss silver as a safe investment this influx of investment drives up the price of silver moreover geopolitical tensions can disrupt Supply chains particularly

for Industrial Metals like silver the Middle East is a critical region for the global economy and any instability there can lead to broader supply chain disruptions these disruptions can affect the mining production and transportation of silver further constraining Supply and pushing prices higher the impact of geopolitical events is not limited to the Middle East tensions between major glob Global Powers such as the United States China and Russia also play a significant role trade Wars sanctions

and diplomatic standoffs create an environment of uncertainty for example the ongoing trade disputes between the US and China have led to economic uncertainties that make Safe Haven assets more attractive as these tensions escalate the demand for silver as a hedge against economic instability grows additionally geopolitical factors often influence government policies and economic strategies for instance countries involved in conflicts may increase their defense spending leading to higher National debts and

inflationary pressures this economic strain can weaken currencies and make precious metals like silver more appealing as a store of value it's also important to consider the broader implications of geopolitical events on investor sentiment when geopolitical tensions rise the perception of risk in the financial markets increases investors tend to move away from riskier assets such as stocks and towards more stable Investments such as precious metals this Shi in sentiment can have a lasting impact on silver prices the

current geopolitical landscape is marked by several hotspots of conflict and tension beyond the Middle East issues like the Russia Ukraine conflict North Korea's nuclear Ambitions and tensions in the South China Sea all contribute to a global environment of uncertainty each of these situations has the potential to disrupt markets and drive demand for Safe Haven assets like silver in summary geopolitical tensions are a significant driver of silver prices the current Global landscape with its

numerous conflicts and uncertainties creates a strong case for Rising silver prices as investors seek safety and stability next we will analyze how US economic data and Federal Reserve policies impact silver prices and what this means for future Market movements I don't tell the market what to do so uh I believe since we have uh a huge problem now let's just say let's just let's just back up a second and give allow me to elaborate for a second so um we were headed in this condition anyway in

solvency and we were headed in that direction before Co but Co exacerbated and expedited that condition and now you see like 40% of the Russell of 2000 is unprofitable corporate debt is um $ 13.7 trillion that's up 100% since 2007 corporate defaults are soaring they're up about 80% since 2023 um there's $1.3 trillion in credit card debt now I want to just point out to other markets to you so Clos collateralize loan obligations so there there there's those are loans to businesses who really can't get money

from a bank that was 300 billion in 2008 it's $1.4 trillion today that's a 366 increase then you have something called private credit that's loans to businesses who can't get a loan from A bank or issue corporate debt uh that was aund basically it wasn't even a market prior to the global financial crisis was a hundred billion dollar outstanding in private credit now it's up it's up 1, 600% to $1.7 trillion and that's a Hu those things those two things so you have corporate

three things corporate debt Clos and private credit are multi mulp multiple trillions of dollars that are recycling that debt at higher and higher rates they locked it in for a while but now it as every day passes they're having to issue this debt at higher and higher rates so I I ask you to give me a little leeway here so I'm going to tie it all together so I believe that the FED has to cut rates dramatically in the next quarter or two let's now examine how US economic data and Federal Reserve policies impact

silver prices and what this means for the future Market movements the interplay between economic indicators and monetary policy plays a crucial role in determining the trajectory of precious metals including silver firstly consider the impact of recent US economic data strong economic performance reflected in metrics like GDP growth employment rates and consumer spending typically strengthens the US dollar however the recent us durable goods orders which rose by 0.7% in April against the expected 0 .8% Decline and

the University of Michigan's consumer sentiment index increasing to 69.1 in may have presented a mixed picture these indicators suggest a resilient economy but also reflect persistent inflationary pressures inflation is a key factor here when inflation rates rise the purchasing power of the dollar decreases making precious metals like silver more attractive as a hedge against inflation despite the federal reserve's efforts to manage inflation through monetary policy the sustained High infl rates continue

to drive investors towards silver the one-year inflation expectation has edged up to 3.3% while the 5-year expectation dips slightly to 3% indicating ongoing concerns about long-term inflation the federal reserve's monetary policy also plays a pivotal role recently hawkish remarks from fed officials and robust US economic data have limited expectations for significant interest rate Cuts higher interest rates generally strengthen the US dollar making dollar denominated assets like silver less

attractive to investors however the anticipation that the FED might only Implement One Rate cut by the end of the year has tempered the dollar strength providing some support to silver prices Additionally the FED stance on quantitative easing H and its balance sheet policies influence Market sentiment in the past aggressive QB measures have led to increased liquidity in the market which often Finds Its way into Commodities like silver with the FED now tapering QD and considering qu itative tightening the reduced liquidity

can put downward pressure on silver prices in the short term however if economic conditions worsen and the fet resumes QV to support the economy silver prices could see a significant boost the interplay between US economic performance and Federal Reserve policies also affects investor strategies for instance during periods of high inflation and low interest rates silver becomes a more attractive investment investors looking to protect their wealth from inflation and potential currency devaluation are likely to

increase their Holdings in silver conversely during periods of strong economic growth and higher interest rates the appeal of silver might diminish as investors seek higher returns in equities and other assets furthermore the US Dollar's performance against other major currencies influenced by both domestic economic policies and global economic conditions affect silver prices a weaker dollar makes silver cheaper for investors holding other currencies thereby boosting demand and prices recent Trends

have shown the dollar strengthening due to higher interest rates but any signs of economic slowdown or dovish ships in fed policy could weaken the dollar and support higher silver prices in conclusion US economic data and Federal Reserve policies significantly impact silver prices the current landscape of mixed economic indicators inflationary pressures and cautious fed policies creates a complex but favorable environment for silver as we continue we will deal into broader global economic Trends such as inflation and debt levels

and how these macroeconomic factors contribute to a bullish outlook for silver I just me I just mentioned that's that's is that our future then where um you know inflation is so high and the debt levels are so high Japan is the highest debtor nation of any developed world as a percentage of GDP there's like well over a quadrillion yen in debt outstanding it's an insolvent nation and the only buyer is the Japanese Central Bank the boj and that's where I think we're headed so it's will be Perpetual

condition of stagflation no growth a zombified economy and very high inflation in that kind of an environment if that paints a picture of of where they have brought themselves and where we may be headed uh what kind of positions as an active money manager do you look to to protect your clients and preserve their purchasing power in a stagflationary environment well it it you know I I I don't remember the exact figure but I think it was I'm I want to say 35% is what gold is up in Yen terms this

year 35 or 40% and gold is surging as it's priced in y so yes the answer is stagflation when you have no growth and stubbornly high inflation the answer is buy gold that's that that would be the first and foremost thing that I would buy next let's delve into broader global economic Trends such as inflation and debt levels and understand how these macroeconomic factors contribute to a bullish outlook for silver inflation is a persistent Global issue in many economies inflation rates have

been rising steadily due to various factors such as supply chain disruptions increased demand post-pandemic and expansive monetary policies High inflation erodes the purchasing power of currencies prompting investors to seek assets that retain value silver like gold serves as a hedge against inflation making it an attractive investment during periods of high inflation the ongoing inflationary Trends worldwide are thus driving demand for silver in addition to inflation Rising Global debt levels are a significant concern many

countries have significantly increased their debt to manage the economic Fallout from the covid-19 pandemic this has resulted in record high debt levels relative to GDP and several major economies including the United States high debt levels often lead to concerns about the sustainability of economic policies and the potential for default which can undermine confidence in fat currencies and drive investors towards tangible assets like silver moreover central banks around the world have been implementing policies to manage their

debt burdens often involving low interest rates and quantitative easing while these policies can provide short-term economic support they also contribute to long-term inflationary pressures as central banks continue to navigate the delicate balance between stimulating growth and controlling inflation the demand for inflation hedging assets like silver is likely to remain strong another crucial factor is the global economic growth Outlook the world economy is facing numerous challenges including geopolitical

tensions trade disputes and the after effects of the pandemic these challenges create uncertainty which can lead to Market volatility and increased demand for Safe Haven assets silver with its dual role as an industrial commodity and a store of value benefits from this uncertainty in the industrial sector Silver's applications are expanding Beyond its traditional uses in electronics and jewelry silver is becoming increasingly important in green technologies the push for renewable energy and the

production of electric vehicles are driving significant demand for silver solar panels which are a key component of renewable energy infrastructure require substantial amounts of silver as countries ramp up their efforts to meet climate goals the demand for silver in this sector is expected to rise sharply Additionally the development of 5G technology and advancements in medical equipment also contribute to Silver's industrial demand these Technologies require highly conducted materials and

silver is is one of the best conductors available the growing adoption of these Technologies further strengthens the case for Silver's long-term demand the global economic environment also influences investor sentiment as investors look for ways to diversify their portfolios and hedge against risks precious metals like silver become more attractive the current trends suggests that silver is not only a hedge against inflation but also a Strategic investment in the face of Economic uncertainties and technological

advancements in summary Global inflation and debt levels along with the broader economic growth Outlook create a strong foundation for a bullish silver market the Dual role of silver as both an industrial metal and a safe haven asset positions uniquely to benefit from these macroeconomic Trends stay tuned as in the next segment we will delve into Michael peno's insights on potential disinflation or deflation and how this could further impact silver prices because I happen to think that Japan is

dumping gold and dollars to prop up their currency they're dumping treasuries which are dollar denominated dumping those buying their Yen on the FX exchange I think they're dumping gold too and for days like today we um I saw the Yen was very weak overnight and then you say well why is gold down today um interest rates are down and the dollar is down shouldn't gold be up but I think I think the bank that's my theory I can't prove it but you know people say you know we what's the what's the big

deal if we become Japan Japan's you know nice place nice island nation um but when you think about Japan is a train wreck you know the bank of Japan is the market for uh jgbs Japanese government bonds without that they have there there is no Market they don't trade and um if you look at the the um Japanese GDP in dollar terms it is flat going back decades so not not years or not not not quarters not month not years decades that that particular nation that island nation which with no natural resources

and a currency that's hanging by a thread their GDP has not increased at all in dollar terms and then if you look at their stock market it it peaked 35 years ago and it's still lower in nominal terms than it was 35 years ago lower in nominal terms today so Japan is a is is a is a you know a disaster Nation um it's a Zombie Nation and if that's our aspiration and I think you pointed out that you know they're ahead of of the United States by about a decade I it's very possible that's where we're headed

where you know the bond market doesn't function because the FED just takes over our bond market you know no one who wants to buy a a treasury at the artificially low yields right because every every auction is being um Satisfied by the Federal Reserve that's what I that's what I think where we could be headed and that that just marks stagflation stagflation the Yen I think the yen is down 15% this year against the dollar and when you import all of your if you if you're importing all of

your goods and your yen is down 15% against the dollar a major trading partner it's down against the Euro and it's down against even the uan those are the three major trading partners with Japan it's a disaster so I think we should Aspire I think Americans should aspire to have a greater outcome than Japan now let's explore Michael peno's insights on the potential for disinflation or even deflation in the economy and how this could further impact silver prices understanding these economic phenomena

is crucial to grasp why silver could see a dramatic price increase first let's define the terms disinflation refers to a Slowdown in the rate of inflation meaning prices are still Rising but at a slower Pace deflation on the other hand is a decrease in the general price level of goods and services meaning prices are falling both scenario can have significant implications for the economy and by extension for silver prices Michael Pento has highlighted the risk of another bout of disinflation or even

a period of deflation as the economy faces multiple pressures one of the key drivers of this potential scenario is the enormous amount of debt accumulated by governments corporations and consumers when debt levels are high the cost of servicing that debt becomes a significant burden especially if economic growth slows down in a disinflationary environment the slow slowdown in inflation can lead to reduced consumer spending as people anticipate lower prices in the future this can create a vicious cycle where

reduced spending leads to lower economic growth which in turn leads to further disinflation or even deflation for investors this scenario increases the attractiveness of Safe Haven assets like silver which can retain value even when the broader economy struggles deflation is even more concerning in a deflationary environment the value of money increases as prices fall leading consumers and businesses to delay purchases and Investments expecting lower prices in the future this can severely hamper economic growth and lead

to higher unemployment rates for central banks deflation is challenging to combat because traditional monetary policy tools like lowering interest rates become less effective once rates are already near zero in such a scenario precious metals like silver become highly attractive during deflation the value of cash increases but so does the value of tangible assets like silver which do not lose purchasing power additionally investors often turn to silver and gold as stores of value to protect against the economic instability

that accompanies deflation moreover Pento points out that the federal reserve's potential inability to lower interest rates significantly due to already low rates and high inflation could lead to a scenario where economic growth stalls leading to disinflation or deflation this is compounded by the fact that the FED is limited tools left to stimulate the economy without exacerbating inflation if disinflation or deflation sets in Silver's role as a hedge against economic instability becomes even more pronounced the

industrial demand for silver might take it hit due to reduced economic activity but this would likely be offset by increased investment demand investors seeking to preserve their wealth during times of economic uncertainty would flock to Silver driving up its price Pento also notes that in the aftermath of potential disinflation or deflation central banks might resort to even more aggressive monetary policies including quantitative easing and potentially negative interest rates to stimulate the

economy these measures would eventually lead back to higher inflation reinforcing Silver's attractiveness as a long-term hedge against both inflation and deflation in conclusion Michael Pento insights on the potential for disinflation or deflation highlight another critical Factor supporting a bullish outlook for silver the economic instability associated with these scenarios makes silver an essential asset for investors looking to protect their wealth next we will synthesize all these factors our final segment to

explain how they collectively set the stage for silver to reach $3,000 by the end of the year the US is insolvent too um you know you look at um a quarter of all our Revenue now is being spent on interest payments um so it's an insolvent Nation but you have you have so you have that in common with the the Japanese uh condition um but you also have something the Japanese don't have is even worse is that we have the world's reserved currency and we're we're you know abusing that status on a

regular basis and one of the things that we're doing to abuse that status is you know this this unilateral uh hemony use where we just say you know we're we're confiscating your reserves and so if you if you're someone if you're a nation that has a very high Trade Surplus and you recycle that into a capital account Surplus so you in other words you're buying buying treasuries or you're buying uh properties you're buying things that are dollar denominated with your excess savings

your your your your your currency reserves and then and then capriciously and arbitrarily the United States says you know those reserves aren't yours anymore they're ours well that scares that scares Nations we've done that before I'm not saying we're wrong to do it I'm saying that's what we do so um and in many and some cases it might be justified but here we're talking about Finance here right we're not talking about morality we're talking about finances here so

what nations are doing is they are saying rather than parking my excess you know my trade surplus my excess reserves with you in treasuries or purchasing you know capital in your nation what I'll do is I'll just buy gold or I'll buy Bitcoin and I control it's in my purview and that's how they're getting around any future sanctions or confiscations that could come up in the future and we just hear you know both both residents right or wrong this is what they're saying they're massive

trade Wars with China Brewing here tariffs and and and that's just one of the reason and tariffs aren't confiscating reserves um but they're not they're not the same but they're cousins and that that's why I think you China Brazil Venezuela Russia just to name a few Nations who are just starting to you know isue dollars and run to gold