The collapse of Silicon Valley Bank (SIVB) is going to take down the crypto/tech bubble for good and nobody will ever buy $500,000 Ape JPEGs again. We are right where we want to be right now and getting very close to the most epic rally in history for the world's two highest quality gold exploration stocks: Augusta Gold (TSX: G) and Gold Bull Resources (TSXV: GBRC). Unfortunately, many gold investors follow ZeroHedge and it's very possible that some people got suckered into buying Silvergate (SI) the money laundering bank of Sam Bankman-Fraud. That's the only explanation as to why anybody would sell G and GBRC at these prices (forced liquidations from owning SI or SIVB).
The contagion from SI and SIVB will lead to more bank collapses and the collapse of Tether (USDT), which could take Bitcoin down to $1,000 while threatening the stability of the U.S. financial system.
Ultimately, the Fed won't be able to continue hiking rates, but this won't reinflate the bubble in crypto or tech stocks. It will create a massive rush to enter the world's two highest quality gold exploration stocks Augusta Gold (TSX: G) and Gold Bull Resources (TSXV: GBRC). We are going to see epic gains of 500%-1,000% in these two stocks between now and year-end. We will be proven right!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 194,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
