What Happens If Silver Exchanges Can't Meet Demand? - Peter Krauth

  Рет қаралды 156,891

Kitco NEWS

Kitco NEWS

Күн бұрын

Jeremy Szafron, Anchor at Kitco News, interviews Peter Krauth, Author of "The Great Silver Bull" and Publisher of the Silver Stock Investor newsletter, about the current state and future of the silver market. Krauth discusses the dynamics of silver inventories, market trends, and the potential repercussions of futures contracts failing to meet physical delivery demands. Peter also discusses critical factors driving silver prices, from industrial demand to investment strategies, and uncovers the realities behind silver's volatile market.
Follow Jeremy Szafron on X: @JeremySzafron ( / jeremyszafron )
Follow Kitco News on X: @KitcoNewsNOW ( / kitconewsnow )
Follow Peter Krauth on X: @peter_krauth ( / peter_krauth )
0:00 - Introduction
2:00 - Silver Market Trends and Current Price Movements
4:00 - Industrial Demand
6:00 - Silver Inventory and Exchange Dynamics
8:00 - Futures Contracts and Physical Silver Delivery Issues
10:00 - Price Predictions and Market Dynamics
12:00 - Investment Strategies in the Silver Market
14:00 - Potential Market Risks
16:00 - Long-Term Outlook for Silver
18:00 - Thoughts on Silver’s Future
#silvermarket #silverfutures #silversupply #commoditiesmarket #economy #fed #investmentstrategies #preciousmetals #silverprice #silver
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Пікірлер: 450
@daviddobson6716
@daviddobson6716 2 ай бұрын
Silver has been held down for thirty years. All things being equal, silver should be trading around $270 and ounce when compared to gold, paladium and platinum extraction totals per year.
@troyb.4101
@troyb.4101 2 ай бұрын
Way to much paper silver and gold out there.
@thomasjensen6243
@thomasjensen6243 2 ай бұрын
Why do you believe that??? There is more gold than there is silver....silver should be about $3,200 an ounce right now.
@beebob1279
@beebob1279 2 ай бұрын
Good luck with that. Not in my lifetime
@matthewbyrns-sp8lb
@matthewbyrns-sp8lb 2 ай бұрын
​@@beebob1279Never Know! Don't count it out, Look at Bitcrap, worthless and 65,000
@troyb.4101
@troyb.4101 2 ай бұрын
@@thomasjensen6243 I was in mining for years, I researched it also, You should research how much silver was mined in the last 20 years, or the history of silver production. There has been records amounts of silver mined recently in Mexico, one of the largest producers of it. My price target would be 10% of what gold is.
@FamilyofFour30
@FamilyofFour30 2 ай бұрын
Screw the paper silver, there’s nothing like the feeling of owning your own physical bullion
@user-uc8jo4nq1p
@user-uc8jo4nq1p 2 ай бұрын
In the UK you have to pay 20% VAT (Tax) on physical silver, so paper silver is the only viable option.
@theastronomer5800
@theastronomer5800 2 ай бұрын
@@user-uc8jo4nq1p That's crazy. What if you take a trip to mainland Europe and load up there?
@normandolinic2044
@normandolinic2044 2 ай бұрын
How about penny stock AAGC common stock did ok in 2008, with inflation it should go to $10-$20 a share.
@vanevans645
@vanevans645 2 ай бұрын
@@user-uc8jo4nq1pSorry to hear that. Here in Utah, silver is considered legal tender. We pay no sales tax when purchasing silver and you can pay for goods and services in silver if the recipient is willing.
@justfedup
@justfedup 2 ай бұрын
@@user-uc8jo4nq1p Sounds like you need to take a trip to Canada
@troyb.4101
@troyb.4101 2 ай бұрын
People that sold paper silver with no way to delivery it are just screwed. Same as selling stocks short. Unlimited losses.
@Tom-mu7zy
@Tom-mu7zy 2 ай бұрын
They can always change the rules, like they did with the Hunt Brothers.
@cl5619
@cl5619 Ай бұрын
@@Tom-mu7zyalso the LME with nickel a couple years ago
@robinrosenberg9065
@robinrosenberg9065 Ай бұрын
You are dead wrong. You short Silver futures (paper) and just buy it back. A loss but your not stuck as you have inferred.
@SeosamhMacUaid
@SeosamhMacUaid 2 ай бұрын
if something as useless as Bitcoin can go to 70,000 USD why not Sliver (Ag) to 300 USD .......... at least this time I'm in at the beginning LOL
@theastronomer5800
@theastronomer5800 2 ай бұрын
I think it's a different market, as silver price is driven by highly leveraged paper contracts, and also a lot of younger people who chase hype. There are no "fundamentals" in bitcoin like in the metals.
@normandolinic2044
@normandolinic2044 2 ай бұрын
I’m hoping this penny common stock does as good if not better ,I’m thinking it should hit $10-$25 ,hoping.
@justfedup
@justfedup 2 ай бұрын
Don’t worry, they will make a derivative or some bullshit program and finiacialize the shit out of it and start shorting blah blah , wreck it like everything
@ccs1277
@ccs1277 2 ай бұрын
Bitcoin market cap passed silver. 😂 you guy kill me😂 love these bullish silver comments. Remember 2021 when Bitcoin was going up and silver was too. Same thing coming up except BTC is going to double again while silver just goes up a little and never breaks its ATH.😢
@matthewbyrns-sp8lb
@matthewbyrns-sp8lb 2 ай бұрын
You said it best, CRAPTO PONZI is going , it is actually worthless, it is denominated in paper. GARBAGE
@franktuccillo6097
@franktuccillo6097 2 ай бұрын
Listen people if you’re holding gold or silver paper contracts, you better get deliveries soon not enough metals to back up these contracts
@CosmicSeeker69
@CosmicSeeker69 Ай бұрын
You can't. Not unless you hold an enormous amount of contracts. Look it up
@theastronomer5800
@theastronomer5800 2 ай бұрын
At $2500 gold, which we'll hit this or next year and a GSR of 50, which is nothing crazy, silver should be $50. There is not much resistance once it clears the low-30s.
@totallynotthebio-lizard7631
@totallynotthebio-lizard7631 Ай бұрын
You underestimate your overlords
@peterbyrne9700
@peterbyrne9700 2 ай бұрын
Great detail in explaining current silver deficit, leaving only one option for silver price direction
@charlessavoie2367
@charlessavoie2367 8 күн бұрын
He refuses to differentiate "correction" from "planned whipsaw lower." "Personality Popularity Profile Parade of Peddlers."
@e.t.preppin7084
@e.t.preppin7084 Ай бұрын
I just love the sound of clanking silver. Buy a little every week instead of eating lunch out. It adds up over years !
@user-uc8jo4nq1p
@user-uc8jo4nq1p 2 ай бұрын
Bought gold and silver and mining stocks two years ago, been getting crushed, finally getting some good returns.
@tbone5654
@tbone5654 2 ай бұрын
Just don't get greedy, use the silver price as a sell trigger for everything PM related. Dump the lot at $43 silver over the next 2 years. Don't be fooled by the PM carnival barkers.
@normandolinic2044
@normandolinic2044 2 ай бұрын
Penny common stock AAGC did ok in 2008, I think with inflation ,it should go to $10-$25 time will tell.
@user-uc8jo4nq1p
@user-uc8jo4nq1p 2 ай бұрын
@@normandolinic2044 shut up bot
@Carlos-im3hn
@Carlos-im3hn 2 ай бұрын
@@tbone5654 as long as Silver slowly rises and does not peak out for 10 minutes, then Silver should slowly rise up to 300 by some time in 2025. This is all part of an Austrian crack-up boom that is a one-time event. Hopefully we can all get out of the soaring markets at the right time before collapse.
@Notaslave1961
@Notaslave1961 2 ай бұрын
Keith Nuemeyer knows.
@duncanmac2195
@duncanmac2195 Ай бұрын
Yes but even he admitted silver only to $30 this year.
@trailerparkcryptoking5213
@trailerparkcryptoking5213 Ай бұрын
He looks hungover in all his interviews these days.....
@paulsimmons9512
@paulsimmons9512 Ай бұрын
The only thing "crazy" about the silver price is that it is not now $300 an ounce. Silver price suppression has been crazy criminal activity for many decades.
@arcticfox2639
@arcticfox2639 10 күн бұрын
Do you think it will actually go up in spite of that?!
@frankiesmart1113
@frankiesmart1113 2 ай бұрын
Buy more silver. That's the best strategy. 👌
@normandolinic2044
@normandolinic2044 2 ай бұрын
How about gold penny common stock AAGC did well in 2008 ,with inflation I’m thinking it should go to$10-$25 time will tell.
@lindascudder5341
@lindascudder5341 2 ай бұрын
I agree ..I like international African silver Kruggerands
@Carlos-im3hn
@Carlos-im3hn 2 ай бұрын
CEF (40% silver) and PSLV...or even the Gold miners have some silver (GDX, GDXJ).
@Hasan-jf7by
@Hasan-jf7by Ай бұрын
Yeah! Buy high, sell low! 😳🤦🏻
@jamesbaca6723
@jamesbaca6723 Ай бұрын
You speak about Solar. Im an Electrician and just finished working at a Solar Farm in Dagget Calif with 2.500,000 Panels. There is another one 20 miles away being built and a 3rd one at State Line. There are solar farms getting built all over the country. not to counting Residential and other countries
@CosmicSeeker69
@CosmicSeeker69 Ай бұрын
And all promoting Global warming
@maryfinney4267
@maryfinney4267 Ай бұрын
Does these solar panels kill the ground they sit on for years and years ???
@chaddrews6810
@chaddrews6810 Ай бұрын
@@maryfinney4267No, but the large amounts of concrete and steel buried in the ground make it costly to be able to use it for anything else.
@jamesbaca6723
@jamesbaca6723 Ай бұрын
@@maryfinney4267 the ground is a wasteland of dirt and sand in most cases
@daleval2182
@daleval2182 23 күн бұрын
Wow that's a massive project each panel consumes about 1 oz of silver, that's why I stash the stuff, the green movement is about to make that metal rare.
@jasonbrown6534
@jasonbrown6534 2 ай бұрын
Thanks for sharing
@newyorksilverking9394
@newyorksilverking9394 2 ай бұрын
Silver half of all time highs as other commodities/stocks boom to record after record..Finally moves up a couple dollars and immediately needs a correction..That`s rich bruh!
@troyb.4101
@troyb.4101 2 ай бұрын
Silver should be 1/9 the price of Gold. That is the ratio if mining.
@truckerhershey7042
@truckerhershey7042 Ай бұрын
and, except for recently, for 5000 years the ratio was 16 to 1. Can you say manipulation?? Should be illegal.
@troyb.4101
@troyb.4101 Ай бұрын
@@truckerhershey7042 Nothing wrong with even 20 to 1 That would put silver over the $100 mark. I'm holding, I don't know if I would sell for dollars as those dollars may become totally worthless. I have no need to sell.
@truckerhershey7042
@truckerhershey7042 Ай бұрын
@@troyb.4101correct. I'm never selling it just to sell it. In Venezuela after their currency collapsed 1 oz of silver would feed you for a week. 10 oz might buy you a car and 20 might buy a house. USD money? worthless......
@J-np5ed
@J-np5ed Ай бұрын
My understanding is more like 7 to 1 silver to gold. But silver is now getting more costly to mine and mining is down. Additonally, combine industial way up for silver (solar) the ratio drops to close to 3 to 1. Above ground is being depleted year to year. Paper dirivatives have been controlling the comex for years but looks like that could be ending. All of these aspects may lead to the ratio shift of 1 to 1 or even more in favor for silver. I hope the US population wakes up in time .
@daleval2182
@daleval2182 23 күн бұрын
Exactly it was for 8000 years until America and England stomped it down
@x80259
@x80259 2 ай бұрын
What I want to know is in this age where openness and clarity are deemed to be important, how much is the office of economic stabilizatiom a part of shortselling gold and silver? Shouldn't investers be aware of our government and Banks conspiring against US citicens investments.
@Metal_seer
@Metal_seer 2 ай бұрын
Always helpful to get an expert opinion. Thx to both of you.
@caryishnagardner9429
@caryishnagardner9429 2 ай бұрын
given the current stock and bond market volatility, i am currently considering investing in gold and silver but dpnt know if this is the best time to do that ?
@zakeryday
@zakeryday 2 ай бұрын
Definitely! MonicaMary Strigle, my wealth planner in NY, advises on this. Gold, in particular, has historically acted as a hedge during market uncertainties, serving as a safe haven.
@loritobia1056
@loritobia1056 2 ай бұрын
I wonder if it's possible to diversify my 401k to include gold and silver. Has anyone looked into that? Are there benefits to having precious metals in a retirement portfolio?
@zakeryday
@zakeryday 2 ай бұрын
Monica recommended dversifying into Gold ETFs fr a balanced strategy. These ETFs hve shown strong performance,
@zakeryday
@zakeryday 2 ай бұрын
nd she suggests tht adding precious metals nd dgital assets to yr prtfolio could be advntageous in current trnds.
@peterpahor8228
@peterpahor8228 2 ай бұрын
I've nvr thought abt invsting in prcious metals
@RobertojavierSilvaharth-ub3pz
@RobertojavierSilvaharth-ub3pz 2 ай бұрын
You both have, elightened me and supported my belief that there is mountain of wealth on secondary extraction from anodic muds of silver and others, from the primary extraction of gold amd copper. I live in Peru and have been in the business of residual extraction of precious metals from copper mining.
@FeldwebelWolfenstool
@FeldwebelWolfenstool Ай бұрын
..generally speaking, about 7 ounces of Ag is produced alongside every ounce of Au from your average Au mine....
@Gold_Silver.
@Gold_Silver. 2 ай бұрын
Peter the 🐐 of economics. #Gold & #Silver to the 🌕 baby we out 🚀
@marksnyder4102
@marksnyder4102 2 ай бұрын
Thank you, excellent details
@tryolegend
@tryolegend 2 ай бұрын
Silver is like 50 dollars 40 years ago. Its 26 now? Thats dang well sustainable. Has the mining ratio to gold went up? I think it went down. Has energy cost in mining went down? Labour? Alot new mine discoveries? Its usage? Silver is still a steal at this price.
@robertwalker5521
@robertwalker5521 Ай бұрын
There was a very specific reason silver price zoomed up for a very short time. Google "silver and the Hunt Brothers"
@user-pb6fy6jt7q
@user-pb6fy6jt7q Ай бұрын
Gold mining takes 8 years from discovery to production in Australia. Silver is 13 years.
@marcrj8111
@marcrj8111 11 күн бұрын
Eye opening interview Krauth definitely brought new information and that was refreshing and.... useful.
@stevehoffarth7634
@stevehoffarth7634 Ай бұрын
Very Informative!
@beebob1279
@beebob1279 2 ай бұрын
I’m subscribed. Good interview
@mntofdk66
@mntofdk66 2 ай бұрын
With the use of silver in the Solar industry, will the powers that be keep the silver price down so they can keep the prices down of all the go green products they are pushing?
@luap2551
@luap2551 Ай бұрын
Keep buying ..... all suppressions end ...... this will be a big one whenever it happens
@Wayneh58
@Wayneh58 Ай бұрын
I believe there has been a massive silver find in Eastern Australia.
@holaclive
@holaclive 2 ай бұрын
You get force majour, the same happened in the zinc market. They just cancel contracts, removes obligation to deliver.
@HANZELVANDERLAAY
@HANZELVANDERLAAY 2 ай бұрын
They also halt stocks..I'm 100 percent in MMTLP..been halted 490 days or so...and trades were reversed..of approx..$4500 a share..blatant robbery
@silverback7783
@silverback7783 Ай бұрын
I was watching Dave Chappell, and he was telling this joke where his wife breaks into his safe deposit box and finds his book full of jokes. She is disappointed, and he tells her to deliver those jokes the way he wrote them after he is gone, and then you and the kids will be provided for. I realized it is the same thing as my box of silver that nobody thinks is worth anything. It is right now just a bad joke that is hated, and nobody sees that it could ever be loved or worth much of anything. To the world, it is just a bad joke, and they don't get the joke at all... But they will after the punch line sinks in. And when it does, there will be no taking it back... There will only be, I didn't get the joke, and now in order to get any, I have to pay north of 100 bucks an ounce..... 😂😂😂😂❤❤❤❤
@pouglwaw5932
@pouglwaw5932 5 күн бұрын
I think the days of people scoffing at silver are over. They may not be totally on board, but almost everyone sees an end of the road for US dollar hegemony. Real money is making sense again.
@ADobbin1
@ADobbin1 2 ай бұрын
Last I heard the silver paper market was 50x bigger than the physical market and if so its not a matter of if they can't but rather how bad its going to be when everyone realizes they can't. Gold is apparently even worse.
@Serenity621
@Serenity621 2 ай бұрын
That is how the process of precious metals are manipulated. Multiple contacts for each ounce of metal available = 1oz of metal, 50 paper ounces indicated in the market. The market sees 50oz rather than the 1oz, therefore the price is diluted 50 times. If this manipulation of contacts were not allowed, price would be much higher. Gold even worse. COMEX Contacts have a clause that if the metal is not available, contract can be settled for cash on the price at the time, effectively a default, but as payment is in cash, not seen as a default.
@campbellfalls7430
@campbellfalls7430 Ай бұрын
Thanks guys great information.
@user-sn4yr4ge5b
@user-sn4yr4ge5b 2 ай бұрын
Buy silver every month. Lets help the price rise
@tbone5654
@tbone5654 2 ай бұрын
But when you sell, won't it help the price fall?
@user-sn4yr4ge5b
@user-sn4yr4ge5b 2 ай бұрын
I'm not selling until after 20 years. Silver reserve is due to deplete within 15-20 years. This means price will skyrocket when we get into that crisis
@tbone5654
@tbone5654 Ай бұрын
@@user-sn4yr4ge5b So silly. That's the b.s silver sellers give you. 20 years it's gone, assumes known resources wont be converted to reserves. Assumes we won't discover new resources and reserves every year which we do. You need actual data and context.
@williamscott8229
@williamscott8229 Күн бұрын
Federal government is not going after new silver resources, China is doing all of that. They are gobbling up everything.
@l.d.8310
@l.d.8310 Ай бұрын
Love this interview
@damo010
@damo010 2 ай бұрын
"short term pull back and long term gain". I've hearing this for the past 15 years!
@rondockweiler2663
@rondockweiler2663 2 ай бұрын
Maybe time to sell?
@totallynotthebio-lizard7631
@totallynotthebio-lizard7631 Ай бұрын
There is no long term gain
@JoeStacks419
@JoeStacks419 2 ай бұрын
I prefer 1oz American Silver Eagles, 90% Junk Silver, 1oz Generic Buffalos, and 10oz Generic Bars
@timothyoherlihy5391
@timothyoherlihy5391 2 ай бұрын
If you use the Dow /gold ratio and then adjust it to the silver gold ratio of times past or even now, you will come up with a very high silver price also. It is possible.
@darinthesecularspiritualist
@darinthesecularspiritualist 2 ай бұрын
they need to shake the silver tree to see if any 1k bars fall out. manufacturers are looking for theirs
@peterlynchchannel
@peterlynchchannel 2 ай бұрын
An exchange settling in cash wouldn't be a big deal. The customer could then just go and buy their silver from a refiner or dealer. It would contribute to the price rise, but not make news or cause a big spike.
@flosrv3194
@flosrv3194 Ай бұрын
Just bought the book right now ! Amazing interview !
@meagain2222
@meagain2222 Ай бұрын
best silver analysis I have ever seen love the $300 per ounce.From $30 to $300 is ten times the value.Yes please.
@stevenrowlandson9650
@stevenrowlandson9650 2 ай бұрын
People are not excited by gold and silver therefore there is no bubble and no chance of a bubble for some time to come. If silver suppliers and exchanges can't meet demand the price will have to rise until it is beneficial for owners to sell. That price is likely to be rather high like bitcoin price high. Get used to the idea.
@busterbiloxi3833
@busterbiloxi3833 Ай бұрын
Great video.
@jamessteele2825
@jamessteele2825 Ай бұрын
People that own paper silver can be paid out in dollars not silver. That's the rules. So doesn't matter if 1000 times more paper ounces than physical
@Lassemalten
@Lassemalten Ай бұрын
7:50 the new solar panels are also 50% more effective they don't just use 50% more silver. "Nearly all tandem solar cells are silicon heterojunction cells, which require more silver indium than other designs. Indium is a rare resource, while silver is subject to immense demand pressures."
@every1readthis
@every1readthis 2 ай бұрын
Historical gold/silver ratio is 18:1, example $2,300 gold, silver should be appx $128.00. If the market needs silver for the solar panel industry and or other industries this a big problem. Manipulation is the only way to maintain profit margins.
@JD-vd5nr
@JD-vd5nr 2 ай бұрын
Id never trust the Canadian Government's Mint with storing my metals.
@swmita
@swmita 2 ай бұрын
No indeed, but their silver RCM is .9999 some of THE finest silver in the world.
@busterbiloxi3833
@busterbiloxi3833 Ай бұрын
@@swmita Also 5 nines.
@mikedevere
@mikedevere 2 ай бұрын
Imo an honest guy 😊
@Fredrikwatchesandartwork
@Fredrikwatchesandartwork Ай бұрын
Silver going skyrocket 🚀 2024-2025 👍
@marsbetelgeuse7599
@marsbetelgeuse7599 2 ай бұрын
The price is booming in mania phase, but it never stays high for long. So even if you want to sell your silver, you wouldn't find anyone who would buy it. Nobody is dumb enough to buy silver at 50 when we all know it will pullback hard after few days of few weeks. Rule 1: always have an exit plan to get out at the top.
@user-lp4qq6xl4k
@user-lp4qq6xl4k Ай бұрын
There are lots of tripwires in our economy that may cause panic buying.
@Pixelchaos
@Pixelchaos Ай бұрын
Mania state or deficit? Different things here, I bet there will be a price correction due to industry use and silver being undervalued not catching up to technological use. Without silver no technology and we will run out of silver before other important metals so tell me why it's not more valuable right now!?
@pouglwaw5932
@pouglwaw5932 5 күн бұрын
Sell out your hard asset silver and convert it into rock-solid, world reserve currency US dollars? Have you heard of BRICS ? The petro-dollar is doomed.
@davemi00
@davemi00 Ай бұрын
There’s possibly 2.5oz in ea residential electric panel, circuit breakers tab. Industrial not included.
@user-jo6iq1uh4z
@user-jo6iq1uh4z 2 ай бұрын
Leo pard,,you is hero!!!!
@kevinhall3449
@kevinhall3449 Ай бұрын
Interesting, thx fellas
@yMMartinek
@yMMartinek 2 ай бұрын
helpful
@misty671
@misty671 2 ай бұрын
$300 silver sure, but probably not in the next 20 years. I'd be happy to see it at $50.
@theastronomer5800
@theastronomer5800 2 ай бұрын
$50 would be amazing, silver miners would go nuts!
@user-cs8wp6rs3u
@user-cs8wp6rs3u 2 ай бұрын
😂😂😂☝️☝️
@Gold_Silver.
@Gold_Silver. 2 ай бұрын
With hyperinflation i wouldn’t be surprised tbh, it happens fast like from one day to the next in Peru what could buy u food for 4 could only get u a tomato 🍅 the next day in the hyperinflation in the 80’s in 🇵🇪
@Carlos-im3hn
@Carlos-im3hn 2 ай бұрын
in 2 or 3 years. As long as Silver slowly tracks Gold gains...and sustainably. I've been in this since 2004, but this time we have $1T/100day deficits and $34T debt. This is an Austrian crack-up boom now and have your stops set.
@swmita
@swmita 2 ай бұрын
@@theastronomer5800 I'm okay with that too, as I will continue to stack and accumulate my goal is 3000 ounces.
@lotfyken2759
@lotfyken2759 2 ай бұрын
All 2 minutes clips exact
@natelouman3105
@natelouman3105 7 күн бұрын
Love that quote, "i buy silver because it's hated" 👍
@johnhenson8862
@johnhenson8862 Ай бұрын
You can forget about discovering silver mines in volume from Australia. Australia is essentially a single large plate. There was little volcanism and no technonic gaps opened to form silver. Recovery from gold is happening still. 2023 mined 1,200 mt.
@jim.zuzukiz3583
@jim.zuzukiz3583 2 ай бұрын
Wasn’t it a supply chain issue and there was no shortage of silver
@inttubu1
@inttubu1 Ай бұрын
Get more like this guy.🎉
@thomasjensen6243
@thomasjensen6243 2 ай бұрын
Getting closer to $30.00??? Well, it's also getting closer to a Million dollars.
@Rob-bq6ek
@Rob-bq6ek 2 ай бұрын
What's the best way to get silver, not to include physical?
@jamesmitchell6483
@jamesmitchell6483 2 ай бұрын
The huge deficit squeeze/parabolic silver price rise will occur as a result of the available gold supply ends ! Multiple central banks will then turn their precious metal monetary backing to silver. I expect this to happen shortly. India has ALREADY started !!!
@johnwilkes01
@johnwilkes01 2 ай бұрын
and India pegged for the most future births by wide margin
@harryzero1566
@harryzero1566 Ай бұрын
Why does an ETF need any inventory? If its just paper contracts settled in currency, no delivery has to occur.
@chaddrews6810
@chaddrews6810 Ай бұрын
Hmm- anyone know where he is finding these low premiums? I’m not finding these prices
@user-jo6iq1uh4z
@user-jo6iq1uh4z 2 ай бұрын
😂The Silver Market enjoying its proprietary integrity and independance,marvelous!
@harryzero1566
@harryzero1566 Ай бұрын
When a squeeze is about not meeting demand, is that physical delivery demand?
@davemi00
@davemi00 Ай бұрын
They Never add the Cost of ‘Spot’ to the Total Silver Price. Why Not? 🤔
@scottreagan9796
@scottreagan9796 Ай бұрын
I'm favoured, Getting my own Truck has always been my Dream for my business. I just acquired 2 recently, earning $32K weekly has been really helpful. I can now give back to the locals in my community and also support Charity Organizations. I really appreciate your videos Odetta
@dreamcreate116
@dreamcreate116 Ай бұрын
Investing in bullion dealers ETF's in my part of the planet, that are backed with physical bullion is a good option. Discount prices, no storage costs, insured and very small cost per kg/oz when selling down or shipping to client.
@teresaluccketta8780
@teresaluccketta8780 2 ай бұрын
He was wonderful
@FeldwebelWolfenstool
@FeldwebelWolfenstool Ай бұрын
9:40 try Canada...our 1880's silver mine produced ore up to 19,000 o.p.t. Ag for only a short while, just before most of the mines in N.America closed. 2,000-3,000 o.p.t. Ag was common here. Only a small area was stoped out. The vast majority is still there....probably the most inactive and ignored silver mining camp on the Planet.
@comment8767
@comment8767 Ай бұрын
Can we trust the Kitco silver pool?
@martygroover
@martygroover 2 ай бұрын
That's the most fear porn I've seen in a title yet. Congratulations😁😁
@LeeuwAdelaar-xe7hh
@LeeuwAdelaar-xe7hh 2 ай бұрын
Kitco 👏👍
@marcmason9474
@marcmason9474 Ай бұрын
Adriatic Metals is the Serbian based company
@TheKlaus3001
@TheKlaus3001 2 ай бұрын
Big coperations like tesla buying now direct from the miner's.
@jerrysmith7762
@jerrysmith7762 Ай бұрын
You should be holding physical silver
@modernsaver-km5ex
@modernsaver-km5ex Ай бұрын
The 20% vat you have to pay on top of the premiums makes Silver pretty much unobtainable in the UK for stacking purposes
@johnrday2023
@johnrday2023 2 ай бұрын
What is this? If silver can't meet the demand, it should be a case of supply and demand and the price determined by the open market, and not set and manipulated by certain big bank "actors"/COMEX/Governments, etc.
@user-ph2qg1iz9u
@user-ph2qg1iz9u 2 ай бұрын
GROY and AG 🚀🚀🚀
@ChapulinColorado1969
@ChapulinColorado1969 2 ай бұрын
What Canadian ETF is he talking about?
@goneprivate2714
@goneprivate2714 2 ай бұрын
MNS
@jessiemartinfostersr.6067
@jessiemartinfostersr.6067 2 ай бұрын
COPPER MINING AND REFINING IN THE USA ... A MUST ...
@user-ic7xe7yi2y
@user-ic7xe7yi2y Ай бұрын
Two decades ago I bought a couple dozen ounces of silver. I started waiting for the price to go up. Not yet. So this story keeps repeating year after year after year. Should you buy silver? Sure. How much? An amount small enough you can easily pick it all up in a box. Not nearly the price of a car.
@zuckertube
@zuckertube 2 ай бұрын
Paper, their talking about paper at kitco.
@Cordycep1
@Cordycep1 Ай бұрын
copper will eventually replace silver for solar.
@lukasssantoss5257
@lukasssantoss5257 2 ай бұрын
Problem with silver in Europe is that it’s taxed. So not Realy much of a profit
@flyandjump68
@flyandjump68 2 ай бұрын
He actually said, that brokers are buying more gold from individuals than they are selling. Think about that..... then he went on to suggest we are only at the start if a bull run. So if the world continues to be smashed by fraud/interest/IMF etc, the average person will be more and more inclined to sell in order to survive. What will this do to price and that will depend somewhat to the breakdown of 'who' by percentage the market is, average doing life continually harder punters or truly wealthy individuals and corps. ???
@animalsarebeautifulpeople3094
@animalsarebeautifulpeople3094 2 ай бұрын
Individuals are idiots
@konradcomrade4845
@konradcomrade4845 Ай бұрын
solar panels need to improve -> maybe to monocrystalline (higher efficiency) and surely improve to hardened glass_covered. See the damages by huge hailstorms in Texas and Arizona. I expect extensive, large-scale Chinese sol_farms get hit, too. It is a matter of (summer)-times, and sol_panels need cooling_fins on the backside, because efficiency drops with higher temp. Need more metal to remove the heat. Good quality and longevity is economically important.
@venaedirie6314
@venaedirie6314 2 ай бұрын
Im waiting for silver to reach 28.50 level
@justfedup
@justfedup 2 ай бұрын
Then what?
@jimmyhat3438
@jimmyhat3438 2 ай бұрын
😂 you think they all constantly pump silver for your benefit 😆
@truckerhershey7042
@truckerhershey7042 Ай бұрын
Waiting? to sell? to buy?? ?????
@ponchosancho7710
@ponchosancho7710 2 ай бұрын
Fib level 78.6% will get nailed on the weekly. Here comes $32.09 sooner then later =) 😉
@joeyboedeker2047
@joeyboedeker2047 2 ай бұрын
If it stays crazy, the banks will offer to start buying it from customers
@user-fu5ln5it7o
@user-fu5ln5it7o 2 ай бұрын
IF you know it’s not all there any more than everyone’s money is in the bank
@Notaslave1961
@Notaslave1961 2 ай бұрын
Little guys will get crushed
@justfedup
@justfedup 2 ай бұрын
I’m up almost 40% on FR in a month! Going to new highs for sure, by 2025!
@88gcllc
@88gcllc 21 күн бұрын
Exchanges will settle n cash not the commodity. No lack of silver or gold
@motorcitymadman146
@motorcitymadman146 Ай бұрын
Been hearing this for decades. I do understand this can happen. But the Wales will know this far in advance
@johnbethea4505
@johnbethea4505 Ай бұрын
The big money knows that there was an amendment added to the contracts, that is, if silver was unavailable, that they would be paid in fiat.
@SeosamhMacUaid
@SeosamhMacUaid 2 ай бұрын
if the exchange selling the sliver are not able to deliver the sliver it is not a "force majeure" event. Under contract law a force majeure is a common clause in contracts which essentially frees both parties from liability or obligation when *an extraordinary event or circumstance beyond the control of the parties such as a war, strike, riot, crime, epidemic, or sudden legal change prevents one or both parties from fulfilling their obligations under the contract* Oh thinking about it again maybe there is a plan by the powers that be 🤔🤔🤔🤔🤔🤔
@justfedup
@justfedup 2 ай бұрын
Never heard of that. Very interesting.
@bloodangels-sonsofsanguini7992
@bloodangels-sonsofsanguini7992 2 ай бұрын
Short selling isn’t an act of god
@SeosamhMacUaid
@SeosamhMacUaid Ай бұрын
@@bloodangels-sonsofsanguini7992 that is for short but look the banks keep getting bailed out these days and we the worker foot the bill why not the exchanges.
@RCXploits
@RCXploits Ай бұрын
At least a decent percentage of the public is excited about gold/silver, look at how much Costco is selling. Nuff said.
@thomasjohnson7990
@thomasjohnson7990 Ай бұрын
It's sad they keep telling the solar use of silve lies. Solar is using less year over year because of newer technology like cad tel. This technology uses less and less silver. Seriously look it up
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