It’s another fattie Fat Pipe. Time to dig in…
Silver $110 Gold $5080!
I guess we just begin with the numbers:

These are eye-popping numbers and a bit concerning because of what is implied. The loss of faith in a debt-based fiat currency is when things can really pick up speed. You know, slowly then all at once.
There, with an absolutely clueless take (of course), is CNN;

I see it more as a case of the US government deficit spending $2 trillion+ per year, out-of-control liabilities, and a fractured political landscape where the only point of alignment is that both sides hate the people they allegedly serve.
It’s pretty clear from this chart that something is seriously wrong within the system of finance and money.

Is this train getting ready to slow down? Not according to today’s daily update Bai, Xiaojun:

(Source)
He is also reporting that many gold and silver miners hit ‘limit up’ on the Chinese stock exchange, which is a 10% move.
So, in China, we have prices blasting higher, vault stocks down, and miners limit up. So, no, this train isn’t stopping today. Maybe tomorrow.
But, in case you need more solid confirmation than that, here’s Jim Cramer communicating that silver is going to $200:
Maybe CNBC can help set us all straight?