Last night, gold and silver continued to rise, and Black Friday did not occur. Next week, gold and silver will once again test the key levels of $2660 and $32. Those who watch my videos know that these two positions have been tested for about two weeks, and this time they should be able to break through and usher in a new round of increases. However, you will notice a strange phenomenon: the U.S. stock market rises, U.S. Treasury yields rise, gold and silver rise, and commodities are also rising. Ultimately, asset prices are rising while the dollar is struggling to support them. I believe we are getting closer and closer to a mid-term devaluation. Even though CPI and PPI data seem unfavorable to gold and silver on the surface, the market remains firmly bullish on gold and silver.

Despite being questioned by many, I remain firmly bullish. To be honest, I have always said to enter with a light position, fearing that you may not be able to accept the price fluctuations in the short term. For me, even if I put all my money in now, I believe it will be a good return by this time next year. The current system confiscates your wealth and labor achievements so easily because what do we do? We work to earn money, right? Then we try to save money to accumulate wealth for the future.

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Any money we don't need today is for our future life. However, the entire system, the entire current fiat currency system, is based on constantly compounding inflation. As long as there is some purchasing power to be stripped, they can do it invisibly, which is the "inflation tax." They can tax you without legislation. For businesses, this is all about wealth and income inequality because the current system promotes all of this. But we are at the end of the life cycle, and this is global, with almost no remaining purchasing power. We are all experiencing faster inflation, which is also part of this process, but they have lost control of it. Even though many upper-level people understand it, most ordinary people do not understand inflation. This is why they incorporate it into the system because they know people do not understand it.

People tend to focus on numbers rather than actual use. Even wages are like this. In 1971, the average wage in the United States was about $9,500, and an income earner could support a family of four. Today, this number has become $57,000, and it requires two income earners, but it is still a月光族. There are many people with an annual income of $250,000 who are also月光族. So the nominal confusion is what they know, and this is also why they create this system based on this nominal confusion. Why do you see the split between the East and the West? China, Russia, India - these countries, central banks around the world are hoarding more gold, even more than in 1967 when we were in transition.

He who has gold has power and choice. Therefore, what we are actually experiencing is a global financial power shift from the West, especially the United States, to the East, especially China. Another important point to understand is the huge advantage the United States has enjoyed as the world's reserve currency since the 1940s. But no currency can hold this position forever. The dollar is rapidly losing this position, and this trend actually started in 2000, which was the first time in the history of the U.S. central bank that it had to repurchase its own government debt. But they did not publicize it because it was not a good thing, and it only became "good" when quantitative easing and similar policies appeared in 2009.

So, I believe that the United States and other places will enter a depression of hyperinflation because they have to digest debt. If they want to issue new currency based on debt, they must clear the debt. If you listen to commentators on Bloomberg, CNBC, and the like, when they talk about growth, they are actually talking about the ability to bear more debt. Whether it is the government, companies, or individuals, most people can no longer bear more debt. So, I believe the world is quickly transitioning away from the dollar, and this speed is accelerating. Timing is the most difficult thing for any technical analyst to predict. I can tell you what is most likely to happen based on a large amount of history, but we are now in the final stage. I believe we are witnessing the complete collapse of the entire system because the system actually died in 2008 and was only temporarily kept alive.

And this life-sustaining means is nothing more than currency propaganda, that's all, because this is all their tools - to enrich their balance sheets with a large amount of junk assets and repurchase a large amount of government bonds. In 2015, we have already seen a lack of liquidity in the U.S. Treasury market, and buying and selling have become difficult, with no major misalignments. Looking at the long cycle of gold, you will find that gold started to rise from 2015. Looking at what is happening in the Treasury market now, you will understand that the Treasury market is the foundation of the global financial system. If you observe these patterns, you will see that in 2013, the Federal Reserve transferred the management rights of the Treasury market to traders.

Now they no longer publish the Treasury volatility index as before because they do not want you to know the actual situation. Now, traders are even betting on the default of the Treasury market, which started as early as June 1. And the division of the government is so severe that I cannot tell you whether it is intentional or unintentional. When you know you are about to go bankrupt, what would you do if someone gives you a credit card? Most people would max it out because they know their situation. I think we are at an extremely dangerous edge, to be honest, what I see is that whoever has gold has the choice. This is also why central bankers are so crazy about hoarding gold. In the end, gold holders will dominate in this new world order.

Finally, my views are for personal reference only and do not constitute any investment advice. Please discern for yourself.