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Silver Is Skyrocketing! Do You Have Enough?
Silver up, commercial real estate down, and Californians are about to start running for the exits...
The Daily Ninja 4/19/24
Updates From The Economic Ninja
(4/18/2024)
๐ฐ Silver is experiencing the highest deficit in 20 years, making it a valuable investment opportunity.
๐ Silver is found at shallow depths of the Earth, and as mines go deeper, they find less silver, impacting supply.
๐ There is a belief that a moment is coming in the next few years where people will be willing to pay anything for silver, indicating a potential surge in demand and value.
๐ We're watching technology advance and new electrics coming online that need silver, there's no other metal on Earth that can do what silver does.
๐ The vision of traders shorting the metal and experiencing panic and terror hints at a potential surge in silver prices.
๐ Deficits are starting to matter as above ground stocks continue to get depleted, leading to higher prices being needed before stocks are released into the marketplace.
๐ Anything under $30 is considered a gift due to the rarity of seeing that price for so long.
๐ฐ Silver may be worth more than gold in the future due to its nature and use, with more patents tied to its use than any other metal on Earth.
(4/18/2024)
๐ข Commercial foreclosures have jumped 117% since last month, causing a banking crash?
๐ข Commercial mortgage-backed securities implosion is way worse than mortgage-backed securities due to lack of regulations, and it's causing banks to crash.
๐ Commercial foreclosures in March were up 117% from the same time last year, indicating a significant impact on the real estate market.
๐ The commercial real estate market is struggling with challenges such as higher interest rates and waning demand for office space, pointing to potential economic instability.
๐ฑ Commercial foreclosures are up over 100% in the last 12 months!
๐ฆ The commercial real estate market is at risk of causing a banking crisis, similar to the impact of mortgage-backed securities during the Great Recession.
(4/18/2024)
๐ Ripple's plan to build a stable coin backed by US Dollars and treasuries is absolutely massive and could have significant implications for the future of cryptocurrency.
๐ The xrp price could be headed for Greater Heights with the latest Development coming out of the community.
๐ฅ XRP is going to become deflationary, making it very valuable in the future.
๐ The idea of enacting a burn for XRP, similar to what Ethereum did, could make XRP more valuable and create a big impact.
๐ There are too many people trying to skirt the government and legally pay less tax in the blockchain industry.
๐ The potential long-term value of XRP once banks fully adopt it for running their own national currencies is a topic of speculation and excitement.
๐ฐ The speaker believes XRP could easily reach $3,000 or more, making it a potentially lucrative investment (not financial advice).
(4/18/2024)
๐ก The surge in inventory will take about 60-90 days for people to start running for the exits and dropping prices, creating a great opportunity for buyers.
๐ฐ The median home price in California is at its highest level in 7 months, jumping nearly 8% to about $855,000.
๐ The downward trend in California real estate is predicted to get a lot worse, causing homeowners to rush for the exit.
๐ก California homeowners are rushing to sell their homes, creating a great time for buyers.
๐ The similarity in 30-year fixed rates over the last three years compared to the rates during the 2008 housing crisis is concerning.
๐ The median home price in California has dropped as much as almost the entire Great Recession.
If youโve been preparing for these housing crashes the market is about ready for you to cash in! Keep your head up, pay attention and youโll start to seeing opportunities popping up over the next few months.
-Ninja Out