JUCO story time
I was having a tryout with this nice looking Latina. She has a son who is eight and I was asking her how she was going to handle him as a teenager. She stated that she was going to teach him to be a nice guy. I then responded by telling her that by doing that she was setting him up to be used and abused by women. Her next statement really didn't sit well with me. She said.... Better him than her. I was like..... But that's your son. She just kind of laughed it off. Just goes to show you that some of these xx's and baby mamas really ain't 💩. I knew at that moment I wasn't going to see her again. I'm still kind of blown away by what she said...smh.
Silver is looking pretty relentless. Despite prices rising above 14 year highs the gold to silver price ratio is still 87:1. That is just crazy. Historically the mean over the last 60 years has been 50:1–which means the price of silver is still stupid cheap. In the days when the Dollar was redeemable in gold and silver the historical mean was 15:1!
At the same time the price makes me apprehensive and uncertain about what’s going to happen in the short term. In the long term we will definitely see three digit silver. So that’s why I took out leverage on all of my physical kilo bar holdings and bought more silver ETN shares.
Gold pushing up on $3,700 is not surprising at all. With all of the inflation looting over the past four years it should be $5,000+ already. Falling interest rates and flight to safety/liquidity by financial institutions should push the price to $4,000 relatively soon.
If the knives come out for the precious metals it will be an attack on silver. Silver is still ...
