Silver Crisis Looming: What Happens When the 'Slush Fund' Runs Out?

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  • Опубликовано: 23 окт 2024
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    In this video, we delve into the alarming signs pointing towards an impending silver shortage. Multiple sources confirm that the available above-ground silver reserves are depleting rapidly due to a significant deficit in the silver market. As the supply dwindles, the silver price is poised for a potential surge once the broader market participants catch wind of these developments. Don't miss this crucial update on the silver market and what it means for investors and enthusiasts alike!
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Комментарии • 44

  • @2Eaglez
    @2Eaglez 2 месяца назад +11

    For precious metal investors, it is better to buy gold if you get concerned over price volatility. Silver is a small market and it is highly manipulated.

  • @lawrencecole6527
    @lawrencecole6527 2 месяца назад +4

    I've heard of private people owning silver mines in my own life, never ever heard or seen of one with a gold mine. So if silver comes online in a big way, people will crack open their mines.

  • @ericcase2057
    @ericcase2057 2 месяца назад +5

    I do get a little tired of the silver pumpers to be honest. Especially when we go from $32 to $26/ oz

  • @edgarmcgehee3082
    @edgarmcgehee3082 2 месяца назад +6

    The Peter Krauth I listen to is conservative and he quotes $300 silver

  • @PatriachalRain
    @PatriachalRain 2 месяца назад +1

    Excellent video Ron, I enjoyed it immensely 👏👍🪙🎈✌️❤️

  • @DavidDoebler
    @DavidDoebler 2 месяца назад +3

    Let’s talk about silver getting to $30 before we talk about going to $100.

  • @robertdudley9311
    @robertdudley9311 2 месяца назад +3

    The Crimex!🤣🤣🤣

  • @pauld5737
    @pauld5737 2 месяца назад

    Won’t end being a silver stacker, but address/end the manipulation and then I’ll start believing in the potential for silver.

  • @AmericanMutt-os6bu
    @AmericanMutt-os6bu 2 месяца назад +1

    I enjoyed our field trip to the water treatment plant out by the Missouri when I lived in Hanley Hills ... that would have been in 65, 66, somewhere in there, yea Ron, I'm old er :) stay safe 🙂

  • @QuaaludeCharlie
    @QuaaludeCharlie 2 месяца назад +1

    I am Happy you got your Basement Back Ron :) QC

  • @karlkuipers4147
    @karlkuipers4147 2 месяца назад +2

    12-24 months? Does that factor in the rush to buy as inventory decreases?

  • @mattnejmanowski631
    @mattnejmanowski631 2 месяца назад +1

    Ron you made it over to the Alton Farmers and Artisans market yet this year? Im there sharpening every Sat.

    • @ronsbasement
      @ronsbasement  2 месяца назад

      No I have not. But I'll be looking for you if and when I do. We've been busy :-) Hope you are staying busy with your business

  • @rodgerdodgerlowe1838
    @rodgerdodgerlowe1838 2 месяца назад +3

    Do not buy from costco. When prices go down costco will pull all displayed gold silver from their local show cases and the order forms. Also on line products will be unobtainable. Local PM dealers will be there for you.

  • @raygilreath552
    @raygilreath552 2 месяца назад

    I heard this few times today you explain it better what is funny is how can they still have price drove so low I will take it good time to stack a few more

  • @mr.rhodes9127
    @mr.rhodes9127 2 месяца назад +1

    I am a proud basement dweller out of Los Angeles California.....👋

  • @shaneapplegate1975
    @shaneapplegate1975 2 месяца назад +1

    I'm a silver Miner⛏️

  • @johnrday2023
    @johnrday2023 2 месяца назад +3

    It appears hedge funds and speculators (plus Comex, etc) are controlling and manipulating the silver spot price !

  • @josemarques5655
    @josemarques5655 2 месяца назад

    Triple digits???🤣🤣
    We are going to SINGLE DIGIT

  • @bwalsh6992
    @bwalsh6992 2 месяца назад +3

    Elon will start stockpiling then it will have a impact..

    • @Rob-ou1py
      @Rob-ou1py 2 месяца назад

      That is very funny satire. Thank-you.

  • @tonyalba790
    @tonyalba790 2 месяца назад

    Depletion really depends on the compounding demand due to solar farms sprawling and military demand to feed the Iron Dome missile defense system, Ukraine and so on. The 250lb silver oxide battery in Tomahawks alone use 300 oz and 500 overall per missile. Patriots about the same amount. And you can bet it's similar with others missiles. Don't know if Peter also considers the slow down on some of Mexico's mines and some others in south America. Plus, it's been determined that the Silver Institute has been under reporting on demand side. The slush can go at anytime. I don't think anyone really knows how much is left. Some well informed silver market analysts thought it will be exhausted already.

  • @DavidParish-q1e
    @DavidParish-q1e 2 месяца назад +1

    $100 😂🤣😂 it cant even stay above $28

  • @andrewpillet8016
    @andrewpillet8016 2 месяца назад

    The silver market reminds me of a play I read in high school… “Waiting for Godot”.

    • @mikebrown6854
      @mikebrown6854 2 месяца назад +1

      And the movie Ground Hog Day for 15 years in my case. They were running out then too 😮

  • @mydogma7116
    @mydogma7116 2 месяца назад +1

    Sell bitcon and buy xrp.... paying a fine and now devine...

  • @barry1705
    @barry1705 2 месяца назад

    26. 50 spot

  • @enriquemejia6697
    @enriquemejia6697 2 месяца назад

    How many times were we told one it hits 30 its off to the moon. When that lie was revealed..now we are hearing a new list of reasons why !!!!

  • @johnsusko4807
    @johnsusko4807 2 месяца назад

    Triple digit silver ? Now that is laughable 😂 silver can't even hold 30 bucks.

  • @shubbz87
    @shubbz87 2 месяца назад

    😂 pump it up ron,.

  • @Artherpdad
    @Artherpdad 2 месяца назад

    It would have been interesting to see if the email I sent you last night would have had any impact on today’s subject. Wish I would have sent it a few days earlier.

  • @JoeMcManus-l5q
    @JoeMcManus-l5q 2 месяца назад +2

    Thanks Ron. I'm trying to be patient. I rely on people like you to remind me that we have to be patient and optimistic. The silver game is not for weak willed people for sure.

  • @mikebrown6854
    @mikebrown6854 2 месяца назад

    Squeeze the COMEX! It will be biblical…..so hopefully I live to see it 😊
    Two years left until they run outta silver you say? 😢 kicking the can down the road again.

    • @tonyalba790
      @tonyalba790 2 месяца назад

      1-2 years is conservative & generous. The Comex has been under stress for a time already. Consider over demand by approximately 200-400 million oz. That's how much they're having to take from the slush silver. This happening for the past 5+ years with demand compounding, not slowing. Only thing's been slowing are mine output in Mexico and few in south America. More honest reporting say above ground silver is near 1 to 1 with gold at about 2.5 B oz. This is probably why the Shill Jeffrey Christian said they had about 3B oz on stand by in Comex. He's lying.

  • @josemarques5655
    @josemarques5655 2 месяца назад

    Only in LALALAND the Silver will go triple digits

  • @KTB-Silver
    @KTB-Silver 2 месяца назад +2

    🤷‍♂️ but I do know Silver is used to purify water.

  • @jonathonhancock575
    @jonathonhancock575 2 месяца назад +1

    😂😂😂😂😂😂😂😂😂😂😂😂

  • @Useless_Knowledge07
    @Useless_Knowledge07 2 месяца назад

    @Ron's Basement. Protect your paper investments the best you can.
    The number of shares on a paper stock certificate, also known as a share certificate, is the number of shares purchased and owned by the certificate holder. The certificate also includes other information, such as:
    Certificate number: A unique number issued by the company for tracking purposes
    CUSIP number: A unique alphanumeric identifier for all stocks and bonds in the United States
    Company name: The name of the company whose stock is represented by the certificate
    Stock class: Whether the stock is common or preferred
    Par value: The nominal value of the stock
    Stock owner name: The name of the current owner of the stock
    Date of issuance: The date the certificate was issued
    Signature: Usually printed, but sometimes signed by an officer of the company