100% Certainty! Silver Prices Will Soar Wildly In 2024 - Peter Krauth

Since dropping below 80 on May 13, the gold-silver ratio, which measures the amount of silver ounces needed to buy a single ounce of gold, has dropped even further to its lowest since December 2022. The mint ratio is an important ratio often used by traders to determine the best time to buy or sell. Silver investors and experts are quite particular about this ratio, especially during moments like this when the white metal begins to outstrip gold gains. According to renowned metals and resource stock analyst Peter Krauth, the mint ratio does more than indicate the relationship between gold and silver prices; it can also be a good indicator of what’s to come. Krauth estimates that as long as the ratio stays below 80 and continues dropping, silver will record higher price gains and may even peak at 100 dollars or more during this bull market.
The 20-year veteran discussed his outlook and predictions for silver in a recent interview with Metals and Miners. During the interview, Krauth explained that silver has entered the second phase of an extended, generational bull market that started in the early 2000s. However, unlike previous bull markets, Krauth believes silver prices will run higher in 2024 and the coming years due to the worsening supply and demand dynamics. The Silver Institute has reported silver deficits for three consecutive years since 2021 and estimates that the deficit will grow in 2024 and persist in the coming years. This is majorly due to the growing industrial demand for the white metal.
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
Credit: Metals and Miners
Peter Krauth | Silver miners explode within 24 months after Fed stops raising rates, +413% avg gains
• Peter Krauth | Silver ...
#gold #goldpriceprediction #

[@akesha4138]

Let us not get ahead of ourselves. Silver may stall out this week. In the past when silver is flat to down for 5 trading sessions in a row, there is a 65% probability that it will go lower. Currently silver is flat having firm resistance at $32 after making very impressive gains over the last 2 weeks. A pullback here would be normal. After the pull back a new analysis will be needed to see if any new patterns may be discerned. Well worth watching.

[@michaelnelson2970]

Excellent explanation

[@user-ze1gw4kx7c]

❤ Silver! So sad when I sell occasionally.

[@jansvedman3876]

For every 100 USD/oz increase on silver price how much will the total demand go down ?

[@padmaanand4027]

When people realise the true value of Bitcoins (ZERO), as told by Warren Buffet, gold and silver will soar beyond all imagination.

[@teohsoonkeat3058]

The tricky system of Comex

[@LeeuwAdelaar-xe7hh]

Peter 👏👍👈

[@LordiscomingTV]

4X👏

[@niviuk8335]

Silver has always been unpredictable. I would never buy it just because of recent gains - thats a recipe for disaster. And don't misunderstand me: I'm absolutely positive regarding silvers long term perspective. But in case of an (expectable) liquidity crisis weak commercial & private holders will have to dump their precious metals at any price. So silver in particular is the metal for very strong hands that can keep it for decades - and maybe for professional daytime traders that can exploit its wild swings. Most buyers in between are losers. Furthermore industrial demand as indicated in the video is absolutely not the current driver. Rather the Chinese and Brics dumping the US$ and buying everything tangible instead.

[@vdisarl6364]

your scenario is only credible on paper silver and not on physical silver, those who will resell their money and only those who hold paper silver

[@anonymousperson2578]

Hi-Ho Silver, AWAY!!!!

[@voiceofraisin241]

Who was that masked man?