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.