"...
It's impossible to predict the timing of such things, but as Metals Specialist Garth Patchen put it, "It will leave the port-of-call at some point."
"And like Noah's Ark of old, those who miss the boat will face a catastrophe...."
The thing is there are only so many seats on board, and prices are relatively cheap at present.
Do you really want to wait until the final hour?
Patchen paints a vivid word picture.
Imagine the masses trying to clamor aboard at the last minute, in the last hours before the doors close.
Unfortunately, their flimsy financial "life preservers" (fiat dollar-denominated assets) won't be adequate. They're not going to float in the tempest to come.
Imagine trying to bail out of stocks when they're dropping like a rock in an effort to salvage something close to your original investment (principal).
Imagine trying to get your cash out of the bank when "capital controls" are instituted, and you can only pull out $3,000 per day or less -- or none...."
https://www.fxstreet.com/analysis/the-gold-and-silver-ship-will-set-sail-202405192204