- The Daily Ninja
- Posts
- Sausage Buyers Signaling Economy Downfall
Sausage Buyers Signaling Economy Downfall
Changing Food Habits, Electric Vehicles Moving To Silver, And A Possible Silver Surge Is On The Horizon...
The Daily Ninja 8/27/24
Updates From The Economic Ninja
(8/26/2024)
๐จ When consumers start changing their food habits, it's a sign that the economic cycle is at its bottom and things are going to get worse.
๐ By signing up for digital coupons and providing your email, you're giving stores more data to tailor their marketing efforts to your shopping habits.
๐ธ Sausage is a good protein substitute for higher-priced proteins and can stretch consumers' budgets, which is why demand for it tends to grow when the economy weakens.
๐จ The government is "flat out utterly lie" to consumers that inflation is easing, as grocery prices continue to rise.
๐ Experts note a "trade down" trend, where price-conscious shoppers opt for lower-cost alternatives like sausage instead of more expensive proteins like steak or chicken.
๐ Real estate foreclosures are going to start opening up and taking off, but the news has been keeping it out of the news.
๐ The mass of Americans are going to run right headlong into this crash and they're going to be victims of it, similar to the 1929 or the 30s depression.
(8/26/2024)
๐ก A new battery announced by Samsung, to be used in electric vehicles, is a game changer that will use silver and impact the silver industry.
๐จ Countries, primarily China, are looking to pick up strategic silver stockpiles as the world's economic systems separate between BRICS nations and Western civilization.
๐ธ Silver is expected to reach $200 an ounce due to a revolutionary new electric vehicle battery technology that uses silver in its structure.
๐ If only 20% of the yearly global car market adopts this kind of battery, it would increase silver demand to 16,000 metric tons, a yearly amount not much smaller than the entire strategic reserves of America.
๐ธ Once the price of silver clears $30, a shot to $35 is pretty easy to figure out.
๐ธ Analyst from JP Morgan disclosed they believe silver prices would soar in 2025 led by the expected Federal Reserve rate cuts and supply constraints.
๐ก The price of silver may reach parity with the price of gold as Tesla and other companies start buying it up for use in electric vehicles and other applications.
(8/26/2024)
๐ธ Silver is going to be "rhodium on cocaine", implying that its value will skyrocket to unprecedented levels, potentially surpassing that of gold.
๐ฅ When silver surpasses $50, you will see things that will just blow your mind and blow analyst's minds.
๐ธ China has been quietly accumulating vast quantities of gold and silver, signaling a potential shift in the global economic landscape.
๐ก The Ninja believes buying a Mercury Dime for $4 will be the best $4 you've ever spent in your life, and owning silver makes you part of less than 1% of the nation.
๐ "When you say it's I now own something that less than 1% of the nation owns any of you're going to start thinking different I promise you."
๐จ They're pushing the price up and letting people sell to their agents in America, then putting the metal on boats and shipping it to China.
๐จ They're financially destroying us, they're destroying our economy on a multi-front attack.
๐ The US has less silver than Poland, Russia, Australia, and Chile, with a stockpile of only 23,000 metric tons.
๐ I do believe that you're going to see a day where an ounce of silver is worth the same or more than gold.
Go out and crush it!
-Ninja Out