Silver is Going Crazy!!

[sube]

Remember what the Fed told you years ago Janet Yellen and gomer powell inflation Is just transitory hows that working out ? sube

 

[Mark kus]

Don't know if it can be done, Youtube needs to crackdown and eliminate AI generated content. If viewers can't trust what they watch, pretty soon they will get fed up and stop watching. I already find myself checking the videos I watch.
As far as silver, I've seen a couple snippets that say the bubble will burst the end of the month and the value will decrease by half. Will half to wait and see.

I dont think so silver will continue to go up Ive seen from guys in the business 40 years they all say $300.00 a OZ
Mark

 

[Mark kus]

I'm finding this Interesting.

I watched that one too

 

[Mark kus]

I'm hanging on to mine.

I've a strange feeling this is a ploy to get Everyone to sell everything.
If the world economy collapsed.
US and global dollars could be worthless.
Only precious metals would have any real value.

Thats what wil lhappen when countries we owe billions to demand payment in precious metals only the dollar is kaput
Mark

 

[markinswpa]

I dont think so silver will continue to go up Ive seen from guys in the business 40 years they all say $300.00 a OZ
Mark

I agree with you Mark. A local guy I deal with feels the same. $300 oz. or higher. I was just commenting on B.S. that some Youtubers that will say anything to get a click. And A I is making it even easier for them. I wonder if they lose credit for the click if their video is cut short because the viewer realizes its clickbait and or B.S.

 

[markinswpa]

Regarding the bubble bursting & value decreasing by 1/2, we just need to keep in mind that the paper/trader market is losing control of the price of Silver, and the "spot" price we see is fiction, it's the "price" the traders have set for selling invisible Silver that doesn't actually exist. For every ounce of Silver that traders are selling, they will sell that same oz of Silver to 50 - 100 customers. For decades, they've been controlling the spot price based on selling contracts for Silver that doesn't really exist. It's basically all been smoke & mirrors. The real price or value of anything is what someone is actually willing to pay. I don't believe the bubble will burst, or that Silver will lose 1/2 value. They would have to do some extremely complicated manipulations and be ready to throw millions & millions of $ into the pot to try to force the price of Silver down that much. There's been some dips that have happened a few times recently, but they were only temporary, lasting about a day or two, then Silver's price came roaring back. That's because the buyers of Silver, i.e., the buyer's market, is who determines the real street price., not some trader pulling numbers out of a hat.

That all said, we don't have to be financial experts, or traders, or work on Wall Street to see what's been going on. We can use our life experience, our own discernment and basically good old common sense. If there was a bubble burst and/or if the value of Silver did crash, the reason I know it would come bouncing back is based on 2 very simple things: common sense and the law of supply & demand. The demand for physical Silver from various industries, investors, collectors, and average buyers is outstripping the supply. When there's more people that want a product, than there are products available to be bought, the law of supply & demand and our common sense tell us that there's more buyers looking to buy, but not enough product available to sell to all the buyers who want to buy. When there's more buyers than product, the price goes up, not down. More and more people wanting to buy less and less product creates a bidding war, which inevitable push's prices higher and higher.

And again I agree. My comment was sparked by yours pertaining to that guy who said he's being hacked by A I rs. And others who are out there sowing the seeds of doom and gloom to get a view.

 

[Sand Sifter]

Remember what the Fed told you years ago Janet Yellen and gomer powell inflation Is just transitory hows that working out ? sube

LOL, yeah, I remember that very well. Time to use our life experience, discernment and common sense, because we've seen this movie before all throughout our lives. What administration did they work for? Ever notice those people are never wrong, nothings ever their fault, it's always somebody else's fault, or something out of their control. If they would have told the truth, they would have needed to say that it was them and their policies that caused the inflation. But they couldn't do that, because that would have made them look very bad, and would have proved that their policies not only didn't work but had the exact opposite effect. So, they say, "don't worry, this is just transitory, just a temporary situation, it'll pass, hang in there". But if we would have kept those policies in effect that were responsible for creating the inflation, it wouldn't have subsided but would have gotten worse. It's like Albert Einstein said, "The definition of insanity is doing the same thing over and over and expecting different results".

We have tons of examples of this happening right now, on a daily basis. Ever notice that anything bad that happens, is Trump's fault? The fires in CA? Mr. T's fault, no, it couldn't be the fact that the Governor let a reservoir dry up and never refilled with water, so when the firefighters showed up to put out the fires, there was no water in the fire hydrants. It also couldn't be that the Gov didn't have the forest clearing work done that's specifically required to help minimize forest fires. But apparently, the lack of water and lack of required forest clearing work was Mr. T's fault. Major companies are leaving CA and moving to TX or FL, who's fault? Mr. T's fault of course, not the fact that the Gov's policies have made it impossible for those companies to continue doing business, but somehow, it's Mr. T's fault. Riots across the U.S., protests that get out of hand, Mr. T's fault of course. I watch many videos every day of these folks being interviewed, and no matter what the question is that is asked, they always turn the answer back to something totally unrelated and then claim it's Mr. T's fault. It's so blatantly obvious that it boggles my mind. They either don't care that they look like morons, or they're desperate and have no other choice.

 

[Sand Sifter]

And again I agree. My comment was sparked by yours pertaining to that guy who said he's being hacked by A I rs. And others who are out there sowing the seeds of doom and gloom to get a view.

Gotcha, sometimes it's easy to miss the correlation just going by the written word. Seems we can't escape it, every time I turn around, there's low life's trying to capitalize on another person's work. IMHO, if someone rips his content, his image, layout, design, and doesn't have his expressed permission to repost his video, then that's theft in my book. I'm so glad he did that video because it hadn't yet occurred to me that he was getting ripped off. I was scratching my head everyday seeing all these videos that were apparently by him being released daily, and always on a wide variety of other channels. There's no way 1 guy and his team could put out that many videos every single day. And a real YouTube channel owner doesn't want to put out tons of videos every day. Running a YouTube channel and putting out videos takes a LOT of work. If you have 10 videos prepared, if you post them all on the same day, then you have nothing to release tomorrow, or the next day. It's like going on vacation and spending all your money on the first day, you have no money left for the rest of the vacation.

You'd have to constantly be pumping out videos which can lead to burn out very quick. Better to take those 10 videos, release 1 today, than 1 tomorrow, another on the next day, etc. That gives you over a week's worth of content, which then buys time to continue making more for the next cycle. That's usually the way that most channels operate, but only if their niche is one that's not changing constantly. It probably wouldn't be a good model for his specific niche, which is precious metals analysis & reporting, because the market changes day by day, and sometimes multiple times during the same day, so he probably does his videos one at a time, based on what the market is currently doing so that he can keep the content fresh and relevant. In retrospect, there was another tip off that I didn't pick up on until now. When a new video is released, we assume that it's a fresh video and that the content is current. But I noticed that a lot of the copycats would release a video, which we would assume is current, but the info in the video was several months old. When the video quotes the price of Silver at $70oz, and it's $95oz today, that's a tip off that somebody reposted and probably edited content that's several months old but trying to present it as if it was current. Hindsight really is 20/20.

From here on, I'm only going to view the videos on his authentic channel. If you go to that channel and look at his thumbnail images, you'll see that they're a different design/style than the thumbnails the copycats are using. The copycat thumbnails have his images in the Thumbnail, so you think it's him, but they've also added all kinds of crazy fantastical claims in them. Kinda reminds me of a grocery store tabloid or a Batman comic book cover (sis, boom, bam, zowee). His thumbnail images look rather conservative and tame compared to the copycats who are ripping off his content.

 

[Sand Sifter]

I dont think so silver will continue to go up Ive seen from guys in the business 40 years they all say $300.00 a OZ
Mark

I totally agree, and even though $300oz looks high to us today, I think that will turn out to be a very conservative number. I've seen several experts say that Silver is actually more valuable than Gold, because we HAVE to have Silver to use in industrial applications. IMHO, Silver HAS to go up, the law of supply and demand applies just like in every other industry, there's no way around it. When there's more buyers but not enough product, the price goes up, always has. If you advertised something you wanted to sell, and 4 or 5 people showed up at your house, wanting to buy what you were selling. Are you going to sell it to the person who offers you the least amount of $, or the person who offers you the most $? Common sense. 20 years ago, the supply of Silver was probably sufficient to handle all who wanted to buy. There were times when Silver was selling for $5oz, $10oz. Damn, if we could only go back in time, lol. But the supply was apparently sufficient for the demand back then, otherwise, $5oz Silver would have only lasted maybe a few minutes before jumping skyward. Here's a personal real-life example of how the law of supply and demand works.

My next-door neighbor bought the house next door several years ago. At the time, it was a sellers' market, there were more buyers in the market looking for homes, than homes available for sale, so just like we are seeing today with Silver, more buyers but not enough product. In addition to her, there were 5 other buyers who wanted that same house, so a total of 6 serious buyers but only 1 house to sell. That started a bidding war between my neighbor and the other 5 buyers. She wound up having the winning contract, so she got the house. BUT when all the dust settled, she had paid $17,000 MORE than the asking price, so she wound up paying more than what the seller was asking for. The key here is that there were more buyers than product available, so that caused the price of the house to increase. There's more demand for Silver today than there is physical Silver to sell, so same situation, and large industrial companies (Tesla, Samsung, etc) are at the point where they're telling their buyers to pay whatever they have to pay to get the Silver. They don't just want it; they HAVE to have it to make their products or they're out of business. Industrial companies that NEED Silver to make their products can't worry about the price, they'll use their deep pockets to pay whatever it takes, which will create more bidding wars, and the price of Silver will continue to rise and rise and rise. Good for us!!

So, what's changed and what's different today?

20 years ago, we didn't have the internet like we do today. Yeah, it was there but was in its infancy, it was like the Wild Wild West, and people were still debating on how money could be made on the internet, lol. We didn't have the number of large data centers loaded with servers like we do today. Today, we have new technology and industries we didn't have 20 years ago that absolutely REQUIRE Silver to make their products. It's not a want to or nice to have, it's a MUST have situation. Silver is extremely unique & unlike any other metal; it's really in its own category. It has the highest conductivity of any metal, so it's absolutely needed for high-tech electronics as it provides the least resistance possible. Today, we need Silver to make Solar Panels, Electric vehicles, fast servers, flat screen TV's, GPU's, AI, all types of electronics, high-speed cables, and the list goes on and on. 20 years ago, I was building hand wired guitar amps, and what type of hookup wire did I use to make all my connections in the circuit? Silver coated Teflon insulated wire of course, lol. To my knowledge, I was the only builder back then using Silver coated wire, because it has less resistance than plain copper wire. And today, that same Silver coated wire is used in high-tech applications, military equipment & weapons, spacecraft & satellites, and basically, any type of electronics that requires the highest speed, lowest resistance, along with being as fail-safe as possible.

 

[sube]

My favorite you tube video is David Morgan said silver would go to $2500 in HOURS lol sube