Core Viewpoint - The current silver market is experiencing a significant bull run driven by industrial demand and individual purchases of physical silver, contrasting with the speculative nature of the 1980 silver bubble driven by futures contracts and leverage [12][14][16]. Historical Context - In 1970, silver was priced at approximately $1.60 per ounce, peaking at $49.45 in 1980, marking a 30x return [1]. - The collapse of monetary demand for silver began in 1965 when countries stopped using it in coinage, leading to a temporary oversupply and depressed prices [2][3]. - The Hunt brothers, wealthy heirs concerned about fiat currency, began accumulating silver in 1970, believing it was undervalued [4][5]. Market Dynamics - By 1979, silver prices surged from around $6 to $25 per ounce, driven by a combination of the Hunt brothers' buying and broader economic factors, including high inflation peaking at 14% [6][8]. - The Hunt brothers acquired approximately 200 million ounces of silver, primarily through futures contracts, which ultimately led to their downfall when the COMEX imposed restrictions in 1980 [9][10]. Current Market Analysis - The current silver bull run is characterized by strong industrial demand and a shift towards physical silver purchases, reducing the risk of a repeat of the 1980 bubble [14][15]. - Silver is trading near all-time highs, with a price target of $125 per ounce by the end of 2026, driven by stagnant mined silver growth and increasing industrial demand [16][17]. - The market is expected to face a significant increase in investment demand, which will be a crucial factor in the supply-demand equation moving forward [17]. Future Outlook - The impending round of money printing by central banks is anticipated to create a favorable environment for silver prices, although short-term pullbacks may occur [18].

Core Insights - Ricardo Salinas, a prominent Mexican billionaire, has built a vast corporate empire in retail, telecommunications, banking, and media, serving millions of customers across Latin America [1][2] - Despite his traditional business background, Salinas has become a strong advocate for Bitcoin, expressing skepticism towards fiat currencies and government-backed assets, particularly after the inflationary effects of COVID-era stimulus programs [3][4] Group 1: Investment Philosophy - Salinas has allocated 10% of his liquid portfolio to Bitcoin since 2020, indicating a clear conviction in the cryptocurrency as a hedge against inflation [5] - By 2022, he revealed that the majority of his liquid investments were now tied to Bitcoin and related equities, showcasing a significant shift in his investment strategy [5] - In a recent interview, Salinas disclosed that his personal portfolio consists of approximately 70% Bitcoin-related exposure and 30% in gold and gold miners, with no investments in bonds or other stocks [6]

RT Nick Szabo (@NickSzabo4)@RayDalio @Dr_Mario_MD What you're missing is that you're looking at shallow phenomena which usually change over historical time (e.g. volatility) rather than the huge risks inherent in modern trust-based and fiat money.If you think risk = volatility you won't get it. ...

Why do you think Bitcoin BEATS fiat money? 👇👇👇 https://t.co/kCB5YTPwLl ...

Overview of Fiat Money - Fiat money is an essential financial concept [1] - The document provides clarity on fiat money [1] Role in the Economy - Fiat money's role in the economy is discussed [1] Pros and Cons - The pros and cons of fiat money are explored [1] Global Examples - Global examples of fiat money include dollars and euros [1]