Gold and Silver and the Coming Break-Out - John Rubino #5141

Published: May 4, 2021, noon

b'Warren Buffet is seeing lots of inflation out there, the lumber problem. He has a ot of homebuilder assets. To him it\\u2019s a real thing. People will listen? Will they sell bonds and jump into real assets? Supply chain ailments. If you\\u2019re building a house lumber has tripled and you can\\u2019t just go and buy a new stove or washer. They\\u2019re 6 months backordered.\\xa0 Charlie Munger hates cryptos. The currency of \\u201cKidnappers and Terrorists.\\u201d And he\\u2019s very respected among the mainstream and deep state.\\xa0 Gold\\u2019s upcoming breakout. If real inflation really is taking off in a way that the government can\\u2019t deny and they crackdown on cryptos, then gold and silver are going to be beneficiaries. And the chart patterns are extremely bullish. No one cares about gold and silver anymore, or so they say. Silver is more likely to go parabolic than gold, but they both could.\\xa0 Big gold miners reporting earnings, production is up slightly, free cash-flow is extremely good. Which means increased M&A with majors buying up juniors. Agnico Eagle revenues were up 39.1% year over year.'