SILVER Manipulators Failing - Move Back to $120 Will Be 'Very Quick': Mario Innecco

Innecco warns that a Russian strike on Western Europe could trigger market closures and martial-law-style restrictions, recalling the closures in London and New York during World War I. Against that risk, he recommends holding some gold and silver outside the financial system.

Innecco links silver’s potential upside to tightening physical-market conditions: silver has traded at roughly a 12% premium in Shanghai versus New York, while physical buying outside the U.S. is drawing metal eastward and futures-market practices may be delaying delivery. He expects silver could reach $120 very quickly—possibly within four or five days—but says the move would likely be volatile.

Innecco says silver could eventually qualify as a Tier 1 or reserve asset for banks, although he does not believe the U.S. banking system and Federal Reserve have implemented that treatment. He argues that a much higher price would make silver less cumbersome to hold as a banking reserve.

Innecco argues that gold’s potential fiscal impact would require statutory revaluation rather than simply a higher market price: valuing gold near current levels could provide about $1 trillion, while a $10,000 revaluation could generate roughly $2.5 trillion. He says layered revaluations could establish a higher floor for gold and be especially bullish for miners, citing the 1972 and 1973 revaluations as historical examples.