Silver's 44 Year Cup & Handle "Now, I Believe MID TO HIGH Triple Digits Are Baked in the Cake"

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GoldSilver (w/ Mike Maloney)

GoldSilver (w/ Mike Maloney)

Күн бұрын

Пікірлер: 607
@Goldsilver
@Goldsilver 6 ай бұрын
Get my new book for $19 on Amazon: www.amazon.com/Great-Gold-Silver-Rush-Century/dp/B0BP3HW5HJ/ref=sr_1_18-1
@frankcarlos6762
@frankcarlos6762 6 ай бұрын
mike when will be your new hidden secrets behind money will get dropped on youtube
@frankcarlos6762
@frankcarlos6762 6 ай бұрын
thanks so much i bought silver on 22 dollar for one ounce , i bought 700 ounce very happy and took all my cash from the bank i am ready
@rogerburn5132
@rogerburn5132 6 ай бұрын
Mike Thanks for the Brilliant information BUT I em still buying more Silver So I don't Need the price to go up Now 🥈🥈🥈
@rogerburn5132
@rogerburn5132 6 ай бұрын
Mike your background Now is Better than when you were in your office 👍👍
@issenvan1050
@issenvan1050 6 ай бұрын
Even during a recession? Why no timestamps, btw.?
@mikebrown6854
@mikebrown6854 6 ай бұрын
“High triple digits baked in the cake.” May those words go from Mike’s mouth to Gods ear.
@KhalidFounounou
@KhalidFounounou 6 ай бұрын
May be God’s words to Mike’s mouth
@safffff1000
@safffff1000 6 ай бұрын
Lol, I have been hearing stuff like this forever. As the entire commodity market is all controlled by the Elite which got majored screwed 200 yrs ago when silver became more important and plentiful in the new USA as to effect the gold trade. The elite have a long memory for revenge and since silver is now linked to the common man or patriots. They will never let what you say happens unless it is in a small bubble they control and profit from when it went to 50 and right back down. Dream on, the only people that push this magical happening are usually selling silver.2
@Ninurtha1
@Ninurtha1 6 ай бұрын
Careful what you wish for my friend. Gold/silver are indicators for mad max scenarios. Just because you have insurance you don't wish for head on collision with a 18 wheel truck to collect .
@jeffjohnson1302
@jeffjohnson1302 6 ай бұрын
Any to my pocket book
@InsipidRoustabout
@InsipidRoustabout 6 ай бұрын
@@Ninurtha1 OR....are we already in the Mad Max scenario (where monetary truth is the Wild, Wild West) and Silver/Gold prices going to where they "should" be is a step to a more civilized and logical world?
@ericsanjuan4901
@ericsanjuan4901 6 ай бұрын
10 years ago I used the price the my parents bought their house, and what's its worth now, yes 10 years ago. Doing that basic math I got silver should be $800
@gimpee8113
@gimpee8113 6 ай бұрын
only silver nv go up. everything double. My frd in china already bot silver 2 years ago, is not surprise they are buying now when they see gold so hi.
@SandwichKing-lj4ej
@SandwichKing-lj4ej 6 ай бұрын
When the paper market eventually breaks down if run on physical, silver will likely skyrocket.
@johnboettger864
@johnboettger864 6 ай бұрын
likely, of course, how could it be anything else?
@Mekkalekka
@Mekkalekka 6 ай бұрын
The run has begun
@Ernster86
@Ernster86 6 ай бұрын
LOL keep dreaming. Everyone said the same thing back in 2010. It never happened and wont happen.
@safffff1000
@safffff1000 6 ай бұрын
@@Ernster86 The elite won't let it happen, they want revenge from when the USA used silver 200 yrs ago and now sold the patriot in buying it who they want screwed.
@Mekkalekka
@Mekkalekka 6 ай бұрын
@@Ernster86 haha.. you still believe in never.
@whereeaglesdare9584
@whereeaglesdare9584 6 ай бұрын
Let’s not break out the champagne until we break $50.
@stevejames3857
@stevejames3857 6 ай бұрын
$30
@scottheller1379
@scottheller1379 6 ай бұрын
30's easy. Some will be breaking even. I like the 50
@lowbloodprsure
@lowbloodprsure 6 ай бұрын
Can't hold 28.
@SirMillz
@SirMillz 6 ай бұрын
$100+
@tonyneville4425
@tonyneville4425 6 ай бұрын
Crimex will be gone by then
@ryanpatterson9526
@ryanpatterson9526 6 ай бұрын
$971/oz silver would make me a very happy man!
@truth-or-nothing
@truth-or-nothing 6 ай бұрын
The world around you will be unlivable. Bread would be 100$ a loaf
@cg1811
@cg1811 6 ай бұрын
@@truth-or-nothingpeople don’t understand how bad things would really be if silver hit high triple digits.
@truth-or-nothing
@truth-or-nothing 6 ай бұрын
@cg1811 Greed has many blind 😳
@jacobmoore627
@jacobmoore627 6 ай бұрын
@@truth-or-nothingwould still be able to afford the bread
@franciscoreyes7370
@franciscoreyes7370 6 ай бұрын
@@cg1811 A few years ago I would have said that about $2400 gold.
@justinevansgsm2swaw
@justinevansgsm2swaw 6 ай бұрын
Morgan’s, many minted before 1900, were one dollar. Today, one Troy ounce of AG is just under $30. So, in well over 100 years silver went from $1 to $30 essentially. Nothing is even close to this undervaluing.
@ColeDedhand
@ColeDedhand 6 ай бұрын
Morgan dollars are 0.7734oz of silver. .7734x$30=$23.20 So the undervaluing is even worse.
@justinevansgsm2swaw
@justinevansgsm2swaw 6 ай бұрын
@@ColeDedhandvery true. Just making a rough approximation.
@mohamedAli-kj6fb
@mohamedAli-kj6fb 6 ай бұрын
Would be the same if we went over 900 now lol
@StockDude
@StockDude 6 ай бұрын
And you don't even have to calculate that the money supply has gone up way more in percentage terms since then. Maybe we can give Adam another homework assignment. 🤩
@gehtdirgarnichtsan4178
@gehtdirgarnichtsan4178 Ай бұрын
​@@ColeDedhandi can do it more worse cause this was massured with the Sterling Standart, means 800 pure. Today WE massured IT with 999,9 standart
@RestorationofallThings
@RestorationofallThings 6 ай бұрын
Been buying silver since 2014. I’m sure hoping Mike is correct! Thanks Mike for your videos on the hidden secrets of money, I learned so much by watching that series!!
@LarsLarsen77
@LarsLarsen77 6 ай бұрын
I'm not a stacker, I am just a TA trader, and when I saw the silver chart confirm those massive patterns I decided I was patient enough to wait for them to play out.
@viperviperpiro
@viperviperpiro 6 ай бұрын
i saw this cup and handle pattern 3 years ago... problem is , we are going to wait for another 10-20years for it to fully hit the peak price!
@tomfoolery333
@tomfoolery333 6 ай бұрын
It is going to be going up for the next 40 years. Not sure I will live to see the peak. That is ok. We will benefit all along the way for the rest of our lives.
@BlueToronto
@BlueToronto 6 ай бұрын
Yeah. Considering how slowly silver builds up, how long it's been since it hit $50, and considering how long gold messed around its old all-time high, I wouldn't be surprised if if took silver a while to get through $50. I'm no expert, but that's my observation. Or let me say, maybe it could slip above $50 but it might be a while before it decisively leaves that area.
@robertwilson214
@robertwilson214 22 күн бұрын
I'm not so sure...now that gold has smashed up through it's previous high,it should drag silver up.
@johnboettger864
@johnboettger864 6 ай бұрын
I started investing in silver back in 1345. I'm still waiting, but I know my time will come. I will rule the world some day. I remember 50 years ago when Mike first started his push in silver. His day too is coming.
@GeorgE-yo5yc
@GeorgE-yo5yc 6 ай бұрын
What currency did you buy silver in back in 1345? 😄 Wasn't that around the time of the Black Death and how you still managed to pull through?
@thegardenfarmer
@thegardenfarmer 6 ай бұрын
🤣🤣🤣🤣🤣🤣😅😅😅😅
@0004612
@0004612 6 ай бұрын
You must be 98 years old!
@helenbrooks4787
@helenbrooks4787 6 ай бұрын
I started buying silver when Jesus was alive. One half ounce of silver per week was my pay, I was a Roman Soldier.Today, one weeks soldiers pay averages out to $600.So, silver today should be $600×2=$1,200. This is how much silver prices have been manipulated, and the manipulation is nearing it's end.We also have a Greatest Depression on the horizon, so, silver will go up a lot, at least as much as it did between 1978, and the 80's, even if the manipulation continues.
@mainardoconde5695
@mainardoconde5695 6 ай бұрын
después de 679 años invirtiendo en plata, ya te toca -.-?
@apaeth2
@apaeth2 6 ай бұрын
It's not how high silver goes in dollars that matters. It's how far the bubble assets like real estate and equities fall in terms of an oz's purchasing power.
@dbgoestotheinternet7609
@dbgoestotheinternet7609 6 ай бұрын
Exactly 👏
@alby13
@alby13 6 ай бұрын
20 years payoff is all yours, Mike. We toast to your riches and wealth of REAL MONEY.
@OurHeroXero
@OurHeroXero 6 ай бұрын
√ Cup and Handle √ Inverse Head and Shoulders √ Quintuple top √ Global debt crisis √ Inflation/Money Printing What's the case _against_ gold again?
@alfredlear4141
@alfredlear4141 6 ай бұрын
Governments don't like it
@jean-louislalonde6070
@jean-louislalonde6070 6 ай бұрын
@@alfredlear4141 WESTERN governments don't like it. Many BRICS countries' central banks are buying hand over fist.
@ml-mw7ms
@ml-mw7ms 6 ай бұрын
😮 wow
@zeefang
@zeefang 6 ай бұрын
Silver is sweeter 😁
@bajsbopper
@bajsbopper 6 ай бұрын
The problem is technical analysis is dumb 🤣
@alexisvolleyball3958
@alexisvolleyball3958 6 ай бұрын
I think it’ll pause around $800 for about a year then get up to about $1,500 within 3 years
@douglasanderson7301
@douglasanderson7301 6 ай бұрын
Why?
@r.s.334
@r.s.334 6 ай бұрын
Lol
@mikebrown6854
@mikebrown6854 6 ай бұрын
Ok 😊
@cornstar1253
@cornstar1253 6 ай бұрын
Sure. Not in our lifetime though
@argentummolonlabe
@argentummolonlabe 6 ай бұрын
I think that may be conservative. Once the manipulation breaks, I see it 1:1 with gold and perhaps even pass gold for a time. The question is "How high will silver go?" It's, "How low will the dollar go?" Answer, infinity.
@LatimusChadimus
@LatimusChadimus 6 ай бұрын
Don't bite the handle that hydrates you
@spankymcduff9683
@spankymcduff9683 6 ай бұрын
The stock market in China and the Real Estate market which are both used by the Chinese populace for storing of savings are not doing well. It's been hypothesized that they were buying gold when the price was a bargain but that is not now the case. If they ever decide that silver is a good storage of wealth you will see some serious action.
@NB-qy7ku
@NB-qy7ku 4 ай бұрын
They buying now. The government is telling citizens to buy silver in china
@lowbloodprsure
@lowbloodprsure 6 ай бұрын
When? Been waiting 50 40 years now.
@alby13
@alby13 6 ай бұрын
What exactly so you think is going to happen? If you thought the price would explode beyond the all time high, that was not a good prediction.
@scottheller1379
@scottheller1379 6 ай бұрын
Tacky. I must say. And for what?
@Cloxxki
@Cloxxki 6 ай бұрын
The hardest part to going all in to beat any market through silver is living long enough to see the day.
@Whaticansayaboutit
@Whaticansayaboutit 6 ай бұрын
It really doesn't matter to live long enough. Did you not have fun stacking? Hopefully those that you care about can be recipients - its a blessing to them.
@Cloxxki
@Cloxxki 6 ай бұрын
@@Whaticansayaboutit It was fun while I had a positive budget. When I was wealthy from other things, it evaporated before I'd stacked from it. I've sold all the bulk stuff and am now left with a collection of special item that needs to be sold piece by piece to extract the premium. If we get time, I may get back to stacking, but in euros it's almost the ATH now.
@BTCforce
@BTCforce 6 ай бұрын
U will never c that day
@Cloxxki
@Cloxxki 6 ай бұрын
@@Whaticansayaboutit It's fun to stack when income is plnetiful, let fun to see the ultra slow growth. Selling is a pain if like me, you ended up with one of each, and they've all a bit more special than straight generic coins or rounds.
@billp4
@billp4 6 ай бұрын
@@BTCforce Learn English.
@newworldforward1842
@newworldforward1842 6 ай бұрын
Watch the Shanghai price compared to the LBMA/COMEX price. Lately gold is priced almost $100 higher in Shanghai. This difference will grow, causing more arbitrage where traders will buy on COMEX and sell in Shanghai and pocket the difference. This will continue until there is no gold available on COMEX and traders can only settle in cash.
@jpmhp
@jpmhp 6 ай бұрын
Silver to 100 let's go
@jimgilmore1219
@jimgilmore1219 6 ай бұрын
Silver will disappoint again and retract below $22 (again)
@jpmhp
@jpmhp 6 ай бұрын
@@jimgilmore1219 that's some bs 😒
@superapex2128
@superapex2128 6 ай бұрын
Since the Industrial revolution, we have lived in a world where the amount of goods and services produced went up exponentially while the supply of real money (gold) was stable - that should have led to a matching exponential rise of our standard of living. Now that we have practially de-industrialized the West, we live in a world where the production of goods and services is stable - if not declining - and it is DEBT which is rising exponentially! HOW ON EARTH DID WE GET HERE???
@GerrySkeptic
@GerrySkeptic 6 ай бұрын
its a banking mafia that is in control
@jean-louislalonde6070
@jean-louislalonde6070 6 ай бұрын
Because greedy one percenters asked and were allowed to send millions of good paying jobs to China to produce at a lesser costs and pocket the difference. They love money you know.
@gwills9337
@gwills9337 6 ай бұрын
Good observation
@thomasjohnson7990
@thomasjohnson7990 6 ай бұрын
With the rise of the labor unions in the 60s as well as growing taxes both corporate and personal, it created the beginning of the de- industrialization of the US in particular in the 70's . Entire industries moved off shore. No one in the government has tried meaningfully to fix it since it started and here we are.
@superapex2128
@superapex2128 6 ай бұрын
@@thomasjohnson7990 Is it any wonder the right to vote was given to everyone, no matter how ignorant and irresponsible, in the 1960s? It's clear CBs bribed a few corrupt politicians back then so that the majority would vote for socialist policies designed to enslave us via compound interest on the national debt - and it worked!
@Motoicon
@Motoicon 6 ай бұрын
Been at this for many years and I don't expect any of this...Not until the manipulators have lost their appetite for theft...But I do have to admit the price action of late looks very promising...
@soiboughtabus9563
@soiboughtabus9563 6 ай бұрын
Triple, quadruple, I'm thinking 5 or 6, maybe 7 digits, 12 or 15. I have 100,000,000,000 Zimbabwe bill right now that won't buy 1 oz of silver. That Zimbabwe dollars is made the same way the us dollar is made. FIRE UP THE PRESSES!!!
@reecec8490
@reecec8490 6 ай бұрын
At least we get eggs and milk. You get Pfizer
@davidlewis4013
@davidlewis4013 6 ай бұрын
Stay fit healthy Mike- when it happens u don't wanna get too sick to spend it!
@UnspokenWords2010
@UnspokenWords2010 6 ай бұрын
I pray Mike lives a long healthy life so he can enjoy the shade of the trees he's planted. He's helped wake a lot of people up to the world of stacking, and why we do what we do.
@gordongadbois1179
@gordongadbois1179 6 ай бұрын
i appreciated Jim Willie's assessment following Fibonacci numbers back a few months ago @ $22 and change. Hit $30 then $50, $130,$180,$310,$490, $800,$1290, $2090,$3380,$5470, . . . Who knows where it will end up but it's a natural progression ratio. Just repeating what Jim put out there.
@NB-qy7ku
@NB-qy7ku 4 ай бұрын
Do you have recommendations on where I could try to understand or how to do the math? Which videos do you recommend or writing?
@argentummolonlabe
@argentummolonlabe 6 ай бұрын
Thank you for discussing the 44 year cup and handle! I've ben watching this form now for years and was hoping someone would discuss it! Hold on! :)
@toddo4329
@toddo4329 6 ай бұрын
Should not be surprised just look at gold
@jaytan915
@jaytan915 6 ай бұрын
Thanks for the inspiring presentation. The silver, cup and handle pattern on the long-term chart was staggering and so beautiful. Could be history in the making, in slow motion before our eyes.
@emperorsnewclothes2429
@emperorsnewclothes2429 6 ай бұрын
Bread was about 0.50cents in 1980 now it's about $3 depending on where you live, so even bread is up 6x since.
@marka8855
@marka8855 6 ай бұрын
And in the market's ebb and flow, silver holds its place, A tangible asset in an ever-changing space. Though oft in gold's shadow, it carves its own way, A precious companion, steadfast come what may.
@b4ph0m3tdk9
@b4ph0m3tdk9 6 ай бұрын
Been buying and holding since 2017, it has been crazy times, but now we are finally moving.
@andreavandekleut6379
@andreavandekleut6379 6 ай бұрын
getting excited for prices like that but then again , what sorry state will most people be in, when silver goes this high??
@Whaticansayaboutit
@Whaticansayaboutit 6 ай бұрын
That's a real concern.
@ryanb1444
@ryanb1444 6 ай бұрын
Stop buying garbage with Monopoly money and buy silver. Not my problem they do not educate themselves or listen to others
@Joseph-wp2ry
@Joseph-wp2ry 6 ай бұрын
So True. When gold hits 10k per ounce, and it will, things will be sooo bad, that marshal law and curfews will be a norm. Government food lines will include well dressed women, who arrived in their Lexus. People have NO idea just how bad things are going to get…. Unfortunately, it’s going to be Biblical….
@elsbearylovegood9473
@elsbearylovegood9473 6 ай бұрын
Paper to Silver ratio is 396:1 Dollar to Silver ratio is $1550oz Current Gold to Silver Ratio 1:85 Current Au:Ag annual mining ratio 1:8 Paper derivatives are really no more than hollow inflated promises used to prop up the economy by enabling high volume high frequency trading between banks,hedgefunds, etc. which is effectively the means to manipulate anything at any price to whatever end which they do, shorting silver(among other things) and crashing the price, cashing in, then letting it run a few bucks just to knock it back down. All the illusory implied value in the ponzi system will be absorbed and realized by tangible assets when their global casino crashes. Silver 8:1 with Gold is $300 minimum but that’s assuming golds true value is being represented in today’s markets. USD in Existence to Silver Oz mined annually is $1550 Todays price multiplied by the number of fake paper Oz to Real Oz is $12000Oz Industrial use of silver doubled last year and there is more silver in landfills than there is in global reserves
@NB-qy7ku
@NB-qy7ku 4 ай бұрын
Can you explain about the numbers? I want to understand what you wrote. Looks interesting. How do I understand the prices?
@Trapster99
@Trapster99 6 ай бұрын
The last time silver made that kind of jump, gasoline went from 30 cents a gallon to over $1.20!! Today, that would mean gas going from $3 to over $12!!!
@scottheller1379
@scottheller1379 6 ай бұрын
Cool
@Whaticansayaboutit
@Whaticansayaboutit 6 ай бұрын
Yup.
@bonnieupton4114
@bonnieupton4114 6 ай бұрын
Yikes
@kandkpop
@kandkpop 6 ай бұрын
I wish gas was still only $3! It's $4.50 in Phoenix now!
@joshuakelleher-bw5dg
@joshuakelleher-bw5dg 6 ай бұрын
That’s going to happen once Biden successfully dries up all of our reserves.
@UnspokenWords2010
@UnspokenWords2010 6 ай бұрын
I've seen this pattern Mike. Hopefully it means it breaks upward from here on out like a rocket 🚀
@DiscoverTruth-yl3pr
@DiscoverTruth-yl3pr 6 ай бұрын
I'm selling 50% of my silver if it hits $250 per ounce. It'll wipe out my debt plus some.
@alfredlear4141
@alfredlear4141 6 ай бұрын
Same. Imagine the interest rates! Sliver and gold are my insurance against incompetence in government
@rogerburn5132
@rogerburn5132 6 ай бұрын
And few months later the price of Silver goes up to 550 dollars per ounce 🥈🥈
@magma9138
@magma9138 6 ай бұрын
Important to TAKE PROFITS OUT! Meeeee too.
@vassallo604
@vassallo604 6 ай бұрын
Don't care
@rogerburn5132
@rogerburn5132 6 ай бұрын
@@magma9138 "" PROFITS "" in Fiat currencies that the central Banks print Endlessly are No Profits. They could be if they are kept in physical Gold and Silver bullion and coins 🥈🥈 Look at Venezuela and Zimbabwe currency's and Weimar Republic Hyperinflation in the 1920 😊
@rogerdrews4120
@rogerdrews4120 6 ай бұрын
Im positive James Turk, Schiff and Ghaddy out of Switzerland have pointed this Cup n Handle out. Our club has the last 2 or 3 years, and i individually did nearly ten years ago (before the handle fully formed).
@bradpankow1112
@bradpankow1112 6 ай бұрын
Mike- Been watching this cup and handle chart myself on the long term for the last 5 years. It held up insanely well and went in with a few fists sub 20$. Appreciate all the knowledge you share!
@davidfield4432
@davidfield4432 6 ай бұрын
Can only hope we’re close to another 40 year miracle….. not holding my breath but.
@normandolinic2044
@normandolinic2044 6 ай бұрын
Well I’m holding my breath on a common penny stock ,called AAGC all American Gold company ,it did ok in 2008 , but with all the inflation ,think$5-$15 a stock should happen.???
@TheLarigrl
@TheLarigrl 6 ай бұрын
Listening to this made my day! I learned about money from you and I learned about via Currency from you. Ever since then I've been stacking silver. Just a little bit at a time, but this makes me so happy thank you Mike for all you do.
@pato73373
@pato73373 6 ай бұрын
if anyones wondering that sexy cup and handle chart has a target of $75ish strictly off technical analysis. A general target for a cup and handle formation would be the height of the cup on top of breakout point of handle which seems to be around $75 on my chart. Of course silver can go much higher than that (especially if china pumps it), but I think that is a fair price target strictly off of this cup and handle. not financial advice.
@mofun5315
@mofun5315 6 ай бұрын
I show $70.00 from the cup and handle,(I use around $26.00 as the break out point) Don't know where they're getting these crazy numbers from. lol
@billadama
@billadama 6 ай бұрын
On the surface the potential is very exciting. But the problem with extrapolating the silver price from 1980 is that was the very peak of its bubble that quickly collapsed. I think you should pick more of a moving average price to base your estimates on.
@shawnluckyboy
@shawnluckyboy 6 ай бұрын
I was reporting on this 43 year cup and handle months ago. Not 44 year.
@GC_4
@GC_4 6 ай бұрын
I’ve been watching this 40+ year cup and handle since I heard it from Bo Polny a year or two ago. Not a big fan of his anymore but still agreed with most of his technical analysis. Anyway…can’t wait for this final move. Appears as though we’re very close now!
@guyshipman6646
@guyshipman6646 6 ай бұрын
Maneco64 has done a few videos about the 40 year, silver cup and handle.
@ClintWestwood-m1l
@ClintWestwood-m1l 6 ай бұрын
Thanks, i like that you back up with charts👍
@nobullshoot
@nobullshoot 6 ай бұрын
$920 or gets manipulated back down to $11. Either one.
@rogerburn5132
@rogerburn5132 6 ай бұрын
Not when there is shortage of Silver and the News get out
@jean-louislalonde6070
@jean-louislalonde6070 6 ай бұрын
Sometimes Mr Market is stronger than JP Morgan.
@tomfoolery333
@tomfoolery333 6 ай бұрын
Not with the sovereign debt crisis unfolding. Fiat system is collapsing due to debt saturation. Countries are tired of getting rapidly inflating treasury bonds for reals goods. They are taking steps to get out of this exploitative system. Silver will never be the equivalent of $11 in USA federal reserve notes of April 2024 again. Baked in the cake. The wise understand what is happening. The large banks are losing their ability to manipulate the metals exchanges.
@stevencacka1799
@stevencacka1799 6 ай бұрын
If you want a really good analysis of what’s going on with the debt watch some videos from the market sniper
@kevinspence5093
@kevinspence5093 6 ай бұрын
11
@indigosoundsstudio
@indigosoundsstudio 6 ай бұрын
Gold is up 33% in the past 6 months. Silver is up 40% in the past 6 months.
@censorbureau
@censorbureau 6 ай бұрын
Gold hit +20% over its previous ath, silver is still -46% from its previous ath. Silver has been a dog, hope that changes and every dog has is day, but no denying it's poor performace so far.
@egyptianhebrew91
@egyptianhebrew91 6 ай бұрын
and silver is still below 30 dollars nit wit.
@funkyguy99
@funkyguy99 6 ай бұрын
​@@egyptianhebrew91not in other currencies.
@rogerburn5132
@rogerburn5132 6 ай бұрын
Mike as Usual Brilliant information Big Thanks information - priceless ALWAYS LIKE 👍👍👍
@UnspokenWords2010
@UnspokenWords2010 6 ай бұрын
You're a fucking legend Mike! Know that!
@markjohnson9445
@markjohnson9445 6 ай бұрын
Enjoyed your video, and your past videos over the last few years. Started saving a little silver from the mid 1970's till today. Looking foreword to the jump past $50 again.
@MrMilanoLau
@MrMilanoLau 6 ай бұрын
The problem is I don't have the patient to wait for 44 years.
@marknordgard1916
@marknordgard1916 6 ай бұрын
Im so happy I sold half of my silver stack years ago and bought more gold
@jimstephens1666
@jimstephens1666 6 ай бұрын
In what time frame? Next year, decade or century?
@Myscentsei
@Myscentsei 6 ай бұрын
Longest cup and handle in the history of all cup and handles. Baby boomers hopefully see triple digits
@TheFox808
@TheFox808 6 ай бұрын
I noticed the 40yr cup & handle a few years ago. $900 silver would be nice, but I don't think it's going to go anywhere near that high... although I hope I'm wrong. The lowest gold-silver ratio I could find in the last 100 years was 15:1, so $900 silver at that ratio would mean $13k gold. Maybe one day, but not for a long time. I think $150-250 silver is more realistic. Again, I hope I'm wrong.
@cornstar1253
@cornstar1253 6 ай бұрын
Silver works on earth time.
@alby13
@alby13 6 ай бұрын
Earth time, or space time?
@jrobertgrack9342
@jrobertgrack9342 6 ай бұрын
In 44BC a Roman Soldier earned approx 225 denarius per year (225d/yr x 0.137 oz/d x 97% pure = 30 oz Ag/yr). So say a soldiers salary is $30,000/yr today ÷ 30 oz/yr = $1,000/oz. Have to factor in modern mining methods, cheap energy, silver lost to the trash......but.....Silver at its current price seems under priced based on history.
@brironmanbtl1162
@brironmanbtl1162 6 ай бұрын
Thanks Mike! Largely also because of you I've bought silver. Cheers, B
@Cloxxki
@Cloxxki 6 ай бұрын
One flaw in those projections: Silver is a surface and byproduct mining metal. There's been efficiency achievements in that field. We're looking so long term here. Gold mining....did that get much easier, with the increased underground safety measures probably in place? Look how big dump trucks have gotten in silver/coper/zinc mines.
@elaineweddle7267
@elaineweddle7267 6 ай бұрын
You did a very good presentation. Thank you.
@Goldsilver
@Goldsilver 6 ай бұрын
Glad you enjoyed it
@KennyG233
@KennyG233 6 ай бұрын
You can dream about it . if it doesn't make it today.........
@Mr12barbluz
@Mr12barbluz 6 ай бұрын
If gold goes only to $5,000 per ounce and we get a gold to silver ratio of 15, that puts silver at $750. This has been my simple projection since I started stacking 25 years ago. This is NOT extreme. 1,000 ounces of silver should get you a pretty nice house like it did in 1981.
@stevenpinter3146
@stevenpinter3146 6 ай бұрын
$333 dollars, but I get your point
@mikebrown6854
@mikebrown6854 6 ай бұрын
Well said. I am a 15 year vet of waiting, watching, learning and have come to conclude and agree with your sound analysis.
@StockDude
@StockDude 6 ай бұрын
wow, I cannot believe silver was under $2 in 1993! Fire sale!
@ColeDedhand
@ColeDedhand 6 ай бұрын
I'm not celebrating the fall of the dollar. I'm just glad I stacked some metal in preparation.
@arizona5589
@arizona5589 6 ай бұрын
Great video Mike! Keep it coming! 👍 👌 ✔️ ✅️
@rogerdrews4120
@rogerdrews4120 6 ай бұрын
I think Keith Nuemeyer from First Majestic (AG) will be correct. $250-500 (I’m pretty sure he gave that range. Im certain he did about the $250)
@ILLUMINATOR49
@ILLUMINATOR49 6 ай бұрын
Always a great presentation 🖖
@Goldsilver
@Goldsilver 6 ай бұрын
I appreciate that
@calebfast8088
@calebfast8088 6 ай бұрын
Two or so years ago I thought 100 might be the absolute high of what we'd hit in this market. Now that things are running, I'm starting to see the logic behind even higher calls.
@jdgr8gg
@jdgr8gg 6 ай бұрын
i Like this Sling-shot move!
@clintcowan9424
@clintcowan9424 6 ай бұрын
Purchasing power, not wealth. $300 silver is $30 gallon gas Yikes
@crazyasieverwas
@crazyasieverwas 6 ай бұрын
Just like the 100 dollar loaf of bread?🙄🙄🙄🙄🙄🙄🙄🙄🙄🙄🙄 no it’s not going to be that way. Everything including bread and “ gas” will be revalued
@alfredlear4141
@alfredlear4141 6 ай бұрын
Well I could pay off my mortgage at least ...
@clintcowan9424
@clintcowan9424 6 ай бұрын
Fixed loans will be great to payoff. Lynette Zang, ITM trading, said sell the high move into cash payoff stuff and keep some cash, then buy back when it drops. Metals prices when compared to Weimar Germany hyperinflation, are way volatile. Looks like a seismic graph
@MattVenezuela
@MattVenezuela 6 ай бұрын
Nope not how it's going to work... but keep living in fear... metals have been manipulated for decades no one really knows what it's worth... $50 silver in Jan 1980 gas didn't go from $0.48 gallon to $4.80.... it went to $0.52 a gallon... I remember I worked at a gas station while I was in high school
@gwills9337
@gwills9337 6 ай бұрын
It’s not linear like that at all. Especially as more people demand it, the price will rise faster than other real goods and services and you’ll be richer.
@christopherteem204
@christopherteem204 6 ай бұрын
Thanks for all your analysis, Mike! How do the following items affect your prediction for silver value? The historical gold/silver mining ratio? The historical gold/silver price ratio of 15:1, currently at 87:1? The current paper to physical silver ratio of around 395? Thanks.
@rossgalbraith3878
@rossgalbraith3878 6 ай бұрын
Wow, the silver chart looks vaguely like part of a household object! Let's gooooooooo!!!
@channel1_channel
@channel1_channel 6 ай бұрын
My silver hairs are ready for some action!!!!!
@danzwiren1492
@danzwiren1492 6 ай бұрын
dream, dream, dream. This is great Mike but we are trading at $28.50
@McGoldbug
@McGoldbug 6 ай бұрын
To the moon!
@marckuppersmith3481
@marckuppersmith3481 5 ай бұрын
Mike, how about my silver history from 1971 till now! YES I have been collecting since then!!
@bobsilver3983
@bobsilver3983 6 ай бұрын
Thanks for reminding me about the group America, I'm going to listen to them today! Thanks!
@4mescott
@4mescott 5 ай бұрын
I bought silver from Mike and took the option to have him send it directly to secure storage. I get a bill for that every month. I've asked to have my propert taken from storage and sent to me. They gave me a "Case Number" but since then they refuse to tell me where is my property, when will it be received. They will not answer. Anyone else being bent over like this? Is this site a scam?
@robmirich3281
@robmirich3281 6 ай бұрын
I am a nobody from middle America. I have my own kinda odd way of looking as the current and possible future silver price (in US dollars). It seems to me that silver will rise to about $800 to $1250 per troy ounce in the next 5-6 years. The hard part is making a prediction on timing. That is my belief on both price and time. Of course, government nonsense and war can affect this prediction (likely shortening the 5-6 year time "guesstimate"). In either case, I am gonna have some stubborn "Sisu" belief around this as I am half Finn.
@GeorgE-yo5yc
@GeorgE-yo5yc 6 ай бұрын
Hopea ei oo häpee...
@Abizerthecreator
@Abizerthecreator 6 ай бұрын
The news about the Chinese starting stacking silver was correct. There was a news report on April 14th stating that the demand for silver is increasing in the Asian market since silver is deemed undervalued so far.
@anewdimension8462
@anewdimension8462 6 ай бұрын
Yes, I see it on the 12 month chart.
@butchkrueger7580
@butchkrueger7580 6 ай бұрын
Thanks for the encouraging message Mike!
@mohammadyosry6380
@mohammadyosry6380 6 ай бұрын
I appreciate the effort you put in this work Mike. Thank you.
@Habeev07
@Habeev07 6 ай бұрын
Silver is essential to modern society. Its going to become so valuable in the future.
@michael_toms
@michael_toms 4 ай бұрын
Enjoy hearing the Time Machine man. As a side note, Australian sterling silver pre-1946 Florins are going up in value.
@paulswickard2656
@paulswickard2656 6 ай бұрын
Now adjust the 1980 $50 for inflation
@johnnichtern4184
@johnnichtern4184 6 ай бұрын
Very Informative, Thank ;You.
@33grise33
@33grise33 6 ай бұрын
Great job Mike!
@elbertclaudio9160
@elbertclaudio9160 6 ай бұрын
Now watch what open interest do if rise with the price its good they are buying but if open interest rise and price decrease they are shorting Gold
@johnwicksfoknpencil
@johnwicksfoknpencil 6 ай бұрын
Love you Mike. May you live long and well enough to see your education come to fruition and may those of us who come after you vindicate you
@johnboettger864
@johnboettger864 6 ай бұрын
So if the graph says it, that must be how it will be.
@popsbubbles1242
@popsbubbles1242 6 ай бұрын
It just makes sense to buy silver over gold. Gold may double , Silver may quadruple or better! Silver is a smaller market. All the silver is being thrown away in cheap electronic goods. The move into electric, solar, is depleting the remaining above ground stock, silver is effectively more scarce than gold. Silver is mined as a by-product, mines can't increase supply if demand soars. Silver is the metal to buy, coming out of the ground at 1 to 8 yet is more than 1 to 80 against gold. War uses a lot of silver in weapons, cruise missiles hold 3kg of silver.
@jean-louislalonde6070
@jean-louislalonde6070 6 ай бұрын
It is costly to send Mr ayatollah to kingdom come...
@tomfoolery333
@tomfoolery333 6 ай бұрын
Lots of healthcare uses, high tech uses, military uses. 10,000 industrial uses of silver. Smaller market than gold. I don't understand how more people don't see it. I woke up to it 10 years ago. They will get it and that day is coming soon. Unobtanium is not just wishful thinking by the silver bugs. It is baked in the cake. $921 is going to look cheap. The only thing that will matter in the end is how well it preserves purchasing power, or better said, how much it increases purchasing power. Wise people will be trading silver for cars, houses and other stuff they want in order to increase their net worth.
@censorbureau
@censorbureau 6 ай бұрын
​@@jean-louislalonde6070let's hope Mr. Ayatollah sends Mr. Netanyahoo there first
@dennispoolspaservicetdcigl746
@dennispoolspaservicetdcigl746 6 ай бұрын
I wonder how many of us followed you into the abyss. In 2011 I cashed in & started again. This is even more fun the second time around.
@LIBlurr
@LIBlurr 6 ай бұрын
Hopefully nobody drops the cup!😃
@cpnscarlet
@cpnscarlet 6 ай бұрын
But the COMEX and LBMA will keep trying to smash the cup.
@jaydubau8755
@jaydubau8755 6 ай бұрын
The cup and handle of cup and handles
@dennistupper8262
@dennistupper8262 6 ай бұрын
Triple Digit Is like hearing about UNICORNS Or BIGFOOT...
@Anrirua
@Anrirua 6 ай бұрын
Great analysis Mike and Gold Charts of course. Thank you 🎉❤
@vicmangion5169
@vicmangion5169 4 ай бұрын
I can also see a correlation between the Wiltshire Index $2178 and CPI $200 becuase if the stock market is inflated and the CPI is deflated then real money Silver should be buying them at their respective prices.
@vicmangion5169
@vicmangion5169 4 ай бұрын
The average real money Silver price makes the market fair
@Genebaket
@Genebaket 6 ай бұрын
The Peak in 1980s was caused by the Hunt Bros, i used to work for them. Even though I’m a stacker and I have been since the 1970s I think that was an artificial handle that was created. I don’t have the definitive answer here, but I think based on the economy and the lack of money in the system I personally think now is a good time to sell a little bit what you have.
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