Silver to Hit $50 in June, China Driving the Surge - Chen Lin
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- Опубликовано: 28 июн 2024
- Jeremy Szafron, Anchor at Kitco News, interviews Chen Lin, Founder of Lin Asset Management. In this interview, Chen discusses why he believes silver will reach $50 in June, driven by strong demand from China and a historic market deficit. Lin explains the key factors influencing silver prices and what investors should watch in the coming months including a possible silver squeeze similar to 2011. Lin also gives a quick analysis of Copper Futures and mining stocks.
Follow Jeremy Szafron on X: @JeremySzafron ( / jeremyszafron )
Follow Kitco News on X: @KitcoNewsNOW ( / kitconewsnow )
Follow Chen Lin on X: @ChenLinPicks ( / chenlinpicks )
0:00 - Introduction
1:15 - Silver Price Trends
3:45 - Chen’s $50 Silver Forecast
5:30 - Demand Drivers in China
8:10 - Historical Silver Deficits
10:50 - Comparing Gold and Silver
13:20 - Silver in Solar Technologies
16:00 - Precious Metals Outlook
18:30 - Investment Advice
20:45 - Final Thoughts
#ChenLin, #SilverForecast, #SilverPrice, #KitcoNews, #Investing, #FinanceTips, #MarketTrends, #EconomicInsights, #PreciousMetalsInvesting, #CommodityMarkets, #SilverBullRun, #FinancialEducation, #InvestmentStrategies, #MarketPredictions #copper #gold #silverprice #silverprediction #silverpriceanalysis #silverpriceforecast
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Investing in gold and silver seems like a good move, especially with the current market uncertainty.
Absolutely, sliver has always been a safe haven asset in times of economic turbulence.
But is silver from of investment ? I've heard stories of people wasting money because they didn't understand the market.
That's true. Without proper guidance, it's easy to make costly mistakes.
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I've heard of Desiree Ruth Hoffman. Isn't she known for her comprehensive approach to financial planning?
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AMS28K YES!!! My biggest bag is AMS28K.... I can see $5 to $7 in the next Bull Run, more if it is a strong run this cycle $8 to $9 💰💰💰💰 ... great video..
Hi Bot ((
No , "Never Buy Anything Digital ". Digital is Not Real Capital , You can't Put it on a Scale .
Bullish on AMS28K ecosystem. Exciting developments in the works. AMS28K is one that sticks out 👍
Chen Lin, is so well informed
Yup he got a ear from China...he said it not me
Got in at AMS28K at $1 but will be holding it till $50. Even at that price market cap is reasonable for its tech.
get lost
Stop being a shill. Get your own channel to pump and dump.
My wife and I have been saving for all 17 nieces and nephews and our four kids four years in silver instead of throwing $50 bucks away on a junk Christmas or Birthday Gift we bought a couple of ounces of silver for each (more for our children) instead. It has added up over the years. Our kids have invested birthdays and Christmas money, baby sitting money, snow shoveling money, lawn mowing money, tree trimming and lawn raking money (we hire out to neighbors), and money from part time jobs mostly into silver and gold after tithing and taking out a small amount to spend.
Love this for you & your family! ❤
This is the way
The smart way I teach the children.
You should have bought Apple stock. Silver has been a lackluster investment for years.
@@JohnLowell-xs8ro hindsight is 20/20
I listened to this guy a few days ago. He will be a guest speaker more and more on these silver channels. Most of these guests on these silver channels rehash the same stuff over and over. This guy goes beyond that.
Exactly...same old song and dance.
like this guy, says all good words great optimism , we will see
Atleast he’s put a date and a target. Unlike others rehashing the stuff for decades
@@markguntly7827 he talks about silver company, i m not too keen, normally these ppl come out to promote the stocks.
@@markguntly7827 can listen to "pound of gold". He is more up to date and hv up and down. All the silver channels, silver only hv 1 direction that is up.
Rejecting treasuries and acquiring metals. Game changer is afoot
like this guy, says all good words great optimism , we will see
I continue to accumulate 90% pre 1965 US - Dimes, Quarters and Half Dollars. I bought another $50 in face this past week at 22x face
Mercury Dimes are scarce in my area. Very under valued.
They're 9$ in fl
Even at 22x face , it'll be the best Investment you ever Made . Congrats .
“ Triple Digit Silver “ - Kieth Newmeyer First Majestic Silver !!!
just started watching but Chen Lin recommended copper in March before the surge.
I find it funny that Chen directs any comments regarding innovations in the East vs West back to Silver and how its being used in all the innovations.
This is an aggressive target, but possible due to the huge spread between gold and silver. Silver has some catching up to do.
Avino Silver. Silver producer. Undervalued and big resources!
Chen Lin has a Midas touch. Just do not speculate short term. His long term calls are amazingly accurate.
Not sure about next month. But by June next year, definitely! Perhaps even by October.
@@jaylinn416 They have the BRICS meeting in October with the main topic being a common (gold backed?) currency, so that's my bet!!
Nice insights from Chen.
Excellent report 👍👍👍👍👍
He's your friend.
Tja. I dont think but it is not impossible. Silver was 27 $ just a month ago and now it 36 $ in China. Add another 9 $ in one month and we have 45 $. Personally i dont think it will, but it can happen
China
A very good guest
like this guy, says all good words great optimism , we will see
@@user-zx5fo5xx3o and its no BS he can back every word up that should be the standard not like so many other pure guess work
Anything is possible but I give this scenario a very low probability.
This was very informative. I agree with Mr. Lin and I am and have been practising what he's telling us. My portfolio is looking very good these days.
I've been hearing this since the 90s
"You're talking about June!"😂 I have trouble getting that out as well. Anything is possible though. Bought some OTM July calls just in case. Great interview Jeremy. Epigrammatic and fluid.
Thank you for the news of copper!
So good and clear English Jerry.
Hi ho silver. Tanto happy silver up
I’d like to see Marc Faber on the show.
Silver Supply/demand is screwed up. To reduce consumption to a piont where there is conservation of the metal, price has to go up...
Good report!
Revux's billboard is everywhere! Had to check it out. Presale details look promising!
So thats a big no on physical silver
I very much enjoyed this episode! This reinforces my purchasing silver like a madman!Thank you!👍🏽👍🏽
Yes , Silver will Pass $50.00 Maybe in Late June but Certainly this Year .
That target would be nice, but I'm not trading, I'm holding for the long term.
NICE!!!!!!
This was a very relevant interview. The diversity of Chin Lin's, eastern perspective, will only more-so become important as price discovery moves from West to East. I hope you continue to interview Chin on a regular basis as a "leading indicator" and Leading Voice on where precious metals and commodities are heading.
I would loooove to see a Jeremy, Michelle, Gareth Soloway, and Peter Schiff showdown on Bitcoin vs Gold/Silver
This guy sounds like Jar Jar Binks. I love it. I wish I could super-chat him and have him read a few Lines.
6:58 Jeremy: "How baaaad is this demand issue...?" Please, please, Mr. Lin, tell us that it is really baaaad!!! I love it, when Kitco interviewers resort to leading questions.
Primetime token has everything required to be a Top 30 MC project. Probably the most potential in all of crypto.
When i see sophisticated maps in the background my trust level to this gyy raises ten fold
11:30 not evaluation, but valuation you’re a finance channel. You should get this right. Good interview great guest.
After gold, the second most popular precious metal is silver. Whether worn as jewelry, given as presents, or manufactured into semiconductors and microchips, there is a high demand for it. The Chinese will always have preference for it as well. Remember how the Opium War started out? It was all about getting more silver taels in exchange for opium, china, and tea. I personally love vintage engraved and/cloissone Chinese silver. Great!
Really interesting.
So many projects on many Crypto. Only one COIN focus on the main thing is AMS28K used for payment goods 👍.
Presale vibes with Primetime token - cool, sleek, and filled with potential.
In constant dollar terms silver would have to hit 198.00 just to get back to where it was 45 years ago..let that sink in if you think the price isn`t being manipulated..
I am VERY interested in anything you have to say, especially on AMS28K.
Chen❤️
Military and space efforts require a lot of unreported silver. An increase in investor demand from India and China can quickly soak up available stock and cause a squeeze. Add substantial demand from solar and AI power supplies and we have a perfect storm for silver. All while geopolitical and economic uncertainty sweeps the globe.
The GSR is just a fictatious rule designed by manipulators. But the advantage is that Gold can be used to empty the silver mines thru barter trade with this ratio. Hope this is done to completely short the paper market.
Wow, danke!!!
Personally, I already started to convert my eth into bluechips like the AMS28K. as you mentioned before
My one stop shop for all my PM needs
Translation when Chen smiles: "I'm going to make so much fucking money."
The Silver Perma Bulls are calling for 50 everywhere, that's a great Contrarian Indicator that Silver is going down to 25 soon. The Silver Perma Bulls are literally always wrong. Silver hasn't set a new all-time high since 1980. It's literally the worst investment there is. You could have bought literally anything in 1980 and you'd be up big today, but if you bought Silver at the peak in 1980 you've been underwater for almost 45 years.
LNG is worst EVER
institutional buying into AMS28K could totally break the cycle and the peak expectation of end of 2025 will likely spectacularly fail to appear. If the last double peak was odd, the next one will catch most people out again.
Thx. Very kool video. And very informative info. I've been buying 1 ounce investment silver coins since 2012. when SILVER was $14.00 Dollars an ounce. U ROCK Doc. 👍👀🖖👻🤘😎🎸🎶🎵
If you are holding AMS28K and XRP ready for 20-50x
I'd like to see Guy Le Bel on the show (president of QCCU).
I’m pretty sure it hit $50 last time to punish the Hunt brothers then was slammed down. That was it.
Not. Good for too fast move bc then it’s fizzles out quickly…, tired of that!!
I much prefer AMS28K , last bullrun ETH became unusable to many use cases due to its ridiculously high gas fees ??
Good info BUT need to talk about finite amt of silver left in ground (or lack of). Again, finite
Primetime token will provide the most multipliers out of all of these crypto, followed by Bnb if they don’t dilute too much
I like Mr Chen Lin's overview on account of his not so blind western centric analysis.He has a great understanding of Chinese future demand. etc. However somebody needs to interview an expert from India. The Modi India government has approved subsidies of rooftop solar for 10million homes in the first stage. That and other massive India solar projects can consume all the worlds mining supply of silver.All these so-called pundits are explaining about the explosive demand this year for Silver from India. But no-one is saying why...Perhaps some Indian billionaires know that silver demand from India will strip out the worlds stock quite soon.
Let's keep our eyes on the AMS28K prize and see where this journey takes us!
Primetime token is the most undervalued crypto around
I expect AMS28K to over take ethereum in market cap in 1 cycle
I don't really care im buying slowly with money i don't need bought a little bit of AMS28K and PEPE
Jeremy, are you planning on moderating a bitcoin/gold debate in the future? 🙏
Both Peter Schiff and Michael Saylor each could eat three Jeremies for breakfast.
Primetime token best pick for AI this bullrun for sure, about to do a quick 30x right now
I believe AMS28K will conservatively hit $70.00 by 2025. That's a 20x return from it's current price with very little downside. I'm buying all I can.
Fill in the blanks….a ( ) and his money are soon parted
I am very bullish on Primetime token. $50 in 2024!!
Don't say in June it's been 4years I was waiting silver to break $30.
I sold it when it was $50
Primetime token one of its kind don’t sleep on it. 🦍
AMS28K 😅
To claim that the silvers dynamics within China holds any weight in the US spot price is a YUUUUUGGGGGEEEEEE stretch.
It's June 26, just checking in to see where that $50 Silver is this month like that guy Chen said. I said it's going to 25 not 50. It's at 28 today.
My favorite AI plays are Primetime token and Fetch
Love Silver. It is like toy soldiers and hockey cards to me!
C'mon China, start stepping up the buying! I didn't want to see us get pounded back under 30 again.
Where to buy that Primetime token ?
After silver hits 50 which it should can it hold 50 for a while ?
Let's hope so.
I need time to sell to my friends.
Right now, nobody I know is talking about precious metals.
History says no
May ride the spike to $60 or up up. Spikes happen.
I think 50 will be short-term resistance before it eventually blasts through to much higher.
I have a long term outlook and believe silver is the place to be the next 5-10 years, but I also plan to sell in tranches. My first sell target is 10% of my stack at $48. Next is 10% of remaining at aroung $100.
I think it is important to plan out an exit strategy and a plan B strategy. But as long as the fundamentals are in tact, silver and gold is a buy and hold.
Black rock silver and silver viper worth a investment have a look
I want silver to go back down to $22!
It probably will in due time.🥴
I want Elvis brought back to life and Michael Jackson too. Btw, Elvis is alive, isn't he?
well i have my pile over decades but when is enough ? NEVER
@@klauskarpfen9039yes elvis is hanging out with Tupac at a beach resort in Cuba
You should buy ETH and AMS28K if you care about your future
THR 3 CENT DOLLAR . BUYING 50 DOLLAR SILVER , WHO IS DOING THE MATH ...
Microsoft data centers powered by solar? Solar and wind is intermittent power. Data centers for A.I require 24/7 power.
Impact silver
Coinbase listing comming soon for Primetime token.
Jeremy Jeremy I feel like this is some infomercial with this host. Is this Michelle's squeeze or something where do they find these dudes.
Just go all in Primetime token. You should be OK then 😉
from the 10 to 14 min mark he asks 3 times to name specific stocks. guest did not wanna answer. when he mentioned Hecla… which is a huge name, host say “i think i’ve heard that name here at kitco”. jeez. bring back david. this kitco host isn’t it
Jeremy is a former softball world champion in search for his lost fitness.
Yeah thanks i auction silver & gold coins on Ebay & do really well. Chen Lin is Fantastic! Fresh Air for the Gold Miners as well as the Silver Miners
I think silver is far more likely to hit 23$ than it is to hit 50$
SILVERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
How's that "Silver will hit 50 in June!" call going? Like I said a full week ago when the Silver Perma Bull in this video made that wild call, I said Silver is going to 25 and not 50 and that his hype call was a good Contrarian Indicator. Well, Silver hit 29 today and is on its way to 25. Better sell while you can LOL
Totaly agree with you. I knew I should have been unloading all my black metal when it hit the 30's....I call silver black because that is the color it will turn by the time you figure out it is the worst investment ever and will unload it at any price!
AMS28K is a sleeping giant, buy while it's still under $10. I expect this to at least 5X from its current position easily.
AMS28K will be one of the biggest projects in the future. 2024 will be on fire 🎉