OIL Spike lead’s to recession

Not a huge fan of Peter Schiff but he has this one right.

Oil spiking in this economy will lead us to a recession.

A recession will lead to gold silver and the entire stock market to be in a overall bear market.

You can not have an economic boom with high oil prices.

Transportation costs will skyrocket and bleed into everything.

Higher prices will cause people to tighten their spending substantially causing a recession.

High oil also mean’s a Strong Petro dollar, and potential for higher interest rates, not cut’s.

I’m a gold and silver Perma bull but I just like to warn my fellow apes.

My gut feeling is we get a nice dip in both gold and silver when the stock’s get hit by high unemployment and high oil costs.

This will be a good dip to buy. I’m looking to buy more silver in the 60’s if we get a dip here.

Just a warning to all the apes. I think we get a nice dip to buy. That is all.

Let the criminals give us a good sale. Get your fiat ready to trade.

Market’s are 100% rigged. Use it to your advantage. that is all.

I still believe in 300$ + silver. I just think we get a little hiccup in the middle here before we go higher.

Every single PM bull market has had a recession in the middle by the way.

In the 70’s in the early 2000’s. and Now in 2026-2027 – I see the same pattern again.

Gold and silver break out on a rampage after. No financial advice. Just a stupid silver ape.

I’m holding my fiat and waiting to buy the dip.