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17/03/25
10:42
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Originally posted by 92electrons:
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says Mr Glass-Half-Empty MKR will be mining money and be able to refinance to repay the debt once silver hits AUD $90 oz - and it’s going to happen sometime over the next 2 years seriously have a good look at what’s unfolding in the US alone, in the next 2 years they need to refinance over 60% of government debt, there’s no way they can do that - the big buyers (China and Russia) that supported the US bond sales previously are now selling US government bonds the only way out for the US is to back their currency with gold and silver - just like BRICS has done - that action alone will put a rocket under gold and silver if the US does not back their currency with gold and silver then the US dollar will collapse causing massive hyper inflation in the US, they are not going to let that happen the revaluation of gold and silver is coming and it’s going to be massive the rotation of money out of AI and tech stocks into commodity and precious metal stocks has already started - the smart money knows its coming and they are positioning for it I’m happy to continue to bet that MKR will make it though to take advantage of the uplift in precious metal prices which is now underway
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I think so too. But their debt is due in 3 months though?