Elon Musk issues a panicked message about the surge in the price of silver, warning the price hikes could not only spell doom for the solar and electric vehicle markets but also present real headwinds for the military. Could the meteoric silver demand prove a bigger hurdle on growth than the skirmish over rare earth metals?
Meanwhile, silver keeps barreling toward $100 an ounce and some analysts now speculate the price could reach up to $300 over the course of the new year. There could be massive bank and financial failures as well, owing to the fact that silver claims have been greatly overissued. There are as many as 356 claims outstanding for every physical ounce of silver in the vaults of financial traders!
Here’s more from Kevin Huang. We’re not sure if Huang actually exists, or represents an AI spokesman. This could be a Communist China gambit, or perhaps some sleight of hand by the silver markets in Shanghai or Singapore. The information appears solid, so we’re running the video. Still, Huang’s actual status remains to be seen!
https://www.youtube.com/watch?v=CMsACeBvQnM&t=270s
Posted in
Economizing and tagged
AI,
artificial intelligence,
bank failures,
batteries,
Communist China,
economic chaos,
electric vehicles,
Elon Musk,
financial collapse,
Kevin Huang,
rare earth elements,
Shanhai,
silver,
silver prices,
Singapore,
solar panels,
speculation,
Tesla |
