Why is SILVER Trading With a Massive Premium in Shanghai? Florian Grummes
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- Опубликовано: 8 июл 2024
- Florian Grummes points out that silver is currently trading at a massive premium on the Shanghai market and explains that although the metal typically follows gold, it is now exhibiting its own behavior when it comes to price action. Florian also believes a commodities supercycle is inevitable but he thinks overzealous investors in gold, uranium, and other natural resources could get burned as they rush into a market that can remain irrational longer than they can remain solvent.
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00:00 Introduction
01:21 Sell in May and Go Away
05:45 Buying Opportunity Up Ahead?
16:09 Is Buy and Hold Still Valid?
23:49 Factoring in Geopolitical Risk
31:15 Outlook for Silver
#commodities #gold #silver
Always a good day for a commodities super cycle video especially when commodities is up today
Deep…
Makes sense. … tech companies make profits then pay premiums for chips & labor & energy & materials .. now commodities will become the bottleneck as tech & clean energy scale up
Commodities supercycle during a recession?
During a #hyperinflationarydepression
The BIGGEST of all time have occurred during recessions
@@kennewhouse5840 Example?
@@AbrahamChristie When & where?
@@issenvan1050 Everywhere there's a Central Bank.
Once The Fed & other Central Bankers are compelled to re-open the spigot.
If you think premiums in Shangai are bad, you should look at premiums in UK. In 2022, they were close to 100%😂. @17usd/Oz, physical was circa £30/Oz
Careful with lithium. The EV revolution is not necessarily what we think or want it to be. Hyundai for example was going to transform its entire production to solely EV and pulled back on that decision. The sector might spike anyway on speculation, just beware of the risks of it all being a nothing burger
I'm personally more on your side here, I don't see the 'EV Revolution' taking hold like many think it will. Of course, I could be wrong.
Mr Florian great analysis 👍
Glad you got value from the conversation!
Newsflash: More dollars chasing the same goods and services doesn't equate to a booming market. It only confirms that a booming market doesn't really exist. A booming market means lower prices.
Very solid discussion. Thank you both.
Our pleasure!
🥇🥈🤑
Why do the super promoters/sellers of commodities tend to want fight you tooth and nail for a commodities buyback discount. I'm starting to think that they don't believe in all the hype 😂😂😂