Predicting A Market Crash In The Near Future? [Dow Jones Industrial Average 2 Minute, SPDR Gold Trust (ETF)]

But for now, there may still be an opportunity to protect your personal wealth and even grow it.

In the following interview with Greg Hunter, Mannarino notes that the latest drop in silver may be one of the few instances in our lifetimes that we’ll see silver priced lower than it costs to get it out of the ground.

Right now… we are well below the all-in production cost of physical silver. What does this mean?

Honestly, this has to be the greatest opportunity as an investment vehicle – silver – in the history of the world. How anyone cannot understand why this is a great opportunity right now is beyond me.

If you can get any asset – I don’t care what it is – below production cost… a car or a house… you should jump all over it.

Watch the full interview with USA Watchdog and Greg Mannarino as he discusses market manipulation, developing trends and the real possibility of a global war being the end result:

The current silver spot price is hovering around $17.50, a significant drop from it’s recent highs a few years when it topped $50 per ounce. Perhaps, as Greg Mannarino notes, “it’s time to jump all over it.”

We know a crisis of epic proportions is on its way. And, as history has showed, when the people lose confidence in their government and traditional investments collapse, precious metals become the asset class of last resort. This may well be one of the last times that we’ll see silver at under $20 for quite a while – perhaps until a new currency system is introduced after the dollar has been wiped out.

This article is brought to you courtesy of Mac Slavo.

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