Silver has always moved higher with gold when the US dollar weakens or we hit a recession. Silver has never been thought of as an industrial metal until recently. Most of silvers 30% gain in 2024 has nothing to do with it's industrial use, but has everything to do with the dollar weakening, a possible US recession looming and the world tensions and wars. Silver and gold are both at their strongest when the US dollar and the US economy is at it's weakest, with silver's industrial use being a small factor
I watched an old video of Warren Buffet and Charlie Munger talking about their silver holdings from the 90s. They played good cop-bad cop and basically gave the message that buying silver wasn’t a great investment. But, I got to thinking, why should we trust them? They’re fully aware that cheap silver is critical for the manufacturing businesses they have interest in. And nowadays, how does a silver to gold ratio of 90 to 1 make any sense at all?
Before he croaked, Munger said Bitcoin was "rat poison." Buffet said "rat poison squared." They were so successful with the old money, they could not recognize something new.
Actually Buffet was right but this was the past - decades when Silver and Gold were artificially suppresed by the largest Western banks This way gold and silver wont make the USD look so bad The big shift here is while the Wester banksters are openly suppressing Silver- BRICS esp. Russia India and China are taking delivery There is now a looming shortage of physical silver and the price in China actually decoupled from the Wester exchanges like LBMA and COE
Charlie Munger also thinks that hard working responsible childless adults shouldnt own homes but single mothers who smoke meth and have 5 kids should own homes
You can't be serious. Putin is COMPELLED to dump all of his precious metals to make Xi happy. Both Red China and India are (traditionally) MASSIVE silver importers. Putin can NEVER be a serious player in silver. He has to ship it off to India and Red China just to hold his tyranny together.
If BRICS release currency backed up by Gold , all worlds fiat currency Dollar Pound Euro etc. Will become worthless in 48 hours .... That is why BRICS are buying gold like crazy .... Destroying western currency will result in destruction of economy in 48 hours .... West would got destroyed without firing single bullet ..... Only people who would be safe are those who own gold .... Your properties will lose value 90%+ if your country got hit by hyperinflation , stocks and bonds will become worthless.... If whole world got hit by hyperinflation than gold silver will become worthless .... and only wealth of any meaning will be food and resources...... And Russian Federation buying gold like crazy and it is richest country in the world in resources and breaking records in food production.....
Because silver, not gold, is the Achilles Heel of the US dollar financial system and pushing up now the silver's price will accellerate the dollar's demise.
Plata, Argent, 은행....the truth is hidden in plain sight. Silver means money in 14 languages. Wizard of Oz = wizard of ounces. Argentina = Land of Silver. Dollar = Thaler....the more u study it all connects to silver
Thank you for this …. I’ve been stacking silver & gold since 2008ish , feel like I’m very informed & have been part of /following those years & years ahead of the public …. YOU LEARN SOMETHING new everyday !… OR I JUST DID. Love your comment thank you !
Also Indian rupee, Indonesian rupaiya n many Asian currencies name derives from old sanskrit word for silver. Amusing fact : Argentina means land of silver. Root word is Latin for silver n that Latin word is also derived from sanskrit. Arjan in sanskrit means shiny, silvery etc.
@ProgressiveGoldbug Yooooooooo 30 pieces of silver!! This is a very old biblical prophecy, it's in Zechariah 11: 12-13 And the Lord said unto me, Cast it unto the potter: a goodly price that I was prised at of them. And I took the thirty pieces of silver, and cast them to the potter in the house of the Lord. . And fulfilled in mathew 26:15 And said unto them, What will ye give me, and I will deliver him unto you? And they covenanted with him for thirty pieces of silver. Mind blown!
That may happen one day, bartering PMs, that is. America has been fortunate thus far to never have to really do that. However, ut would certainly be on the table in an economic crash or hyperinflation scenario
Hey smartsilver stacker! Just wanted to let you know that I came across one of your pods back in July and you changed my life!! I had never even heard of stacking before then. Well I've become obsessed... since then I've not only been stacking (silver) but also researching snd absorbing everything I can on precious metals. Also saving $$. Now everytime I open my wallet my first thought is "do I really need this item or need to stop for fast food?" It's amazing how much money I've been able to save this way and can now put towards stacking. In the past nothing was left at the end of the month. So far I've purchased 2 1oz. rounds, 1 2021 silver eagle, 1 1oz bar and 1 5oz bar and I almost have enough for a 10oz bar (by next month). I just love everything about stacking. Thank you so much!!!
In silver I buy 10 kilograms I gained after two years 560$ In the same time and same money I buy 4.5oz of gold my gains 3000$ so gold gives high yield by far
I hope you have a long invest plan. Silver stacking is not for the meak. I bought in 2009-2010. With all the VAT tax and price management downwards (shorting) in this sector + real inflation number, I'm still under water. We probably have to get up to around $60 to break even. Eventually pendulum WILL swing other way, it has been too one sided for about 20 years now...but when we do not know...
@@ThanksWyatt You're not wrong. However, the geo-political landscape is changing. Countries that normally settled in US dollars/treasuries are becoming wise to the Keynesian slavery scheme. Those countries are working very hard to move away from US fiat and into sound money. Good luck to you as well.
Silver still gets used as monetary metal, it’s preferred over gold and bitcoin throughout South America, more liquid and bartered throughout vast areas of the world than Western countries currently comprehend
I have a wisewolfgoldandsilver Wolfpack subscription, autopay that comes every month , mix of silver and gold , set it up and it just comes in the mail
I wish I did it then. I've just picked up 300 oz at 31$. I sure i spent about 10% of my savings on that but I'd like it to be closer to 35% of my savings.
Physical silver is just insanely undervalued right now. Everything else has just gone up multiples and, yet, physical silver remains one of the most manipulated markets ever. Should easily be $100-$120/oz. right now. If about even 4 or 5% of the US population start saving/investing in metals like some of the other world cultures, they'd have to revalue precious metals overnight.
Most silver traded is imaginary silver, it only exists on paper, it's not really there. As soon as buyers want physical silver to be delivered, then the price of silver will outperform gold.
Silver is heavily used in military technology. Russia needs Silver for its mass production of military technology against the west's hostile attitudes to it, and its hypersonic missiles requires a fair bit of Silver.
@@Pepperboy555 Probably with Bitcoin -- the only money that could get to the Canadian trucker families when Trudeau froze the Canadian dollar from them.
Problem is there's a real chance of markets falling after US elections. If silver is hopefully $38 by the it could fall to $22...and here we go again... HOWEVER in the next cycle bonds and most equities will not be that desirable. Whole markets will be lead by like 7-12 companies after consolidation after crash and only safe hedge will be Gold. Then silver will follow and rise very quickly. But it could be another 1-3 years for everything to come together. In the whole scheme of things that is nothing for silver.
True, but you couldnt buy any at that price. It was unavailable or had massive premiums. You never can buy the physical in those deep drops when the entire market dumps.
@@knockoutfever4 you couldn't buy it because mints just said they were out of stock. They were never out of stock. They just wanted to wait til paper price came back up before selling. They think we're idiots!!
Decades ago, I used to give 1 ounce silver ingots as Christmas gifts. At from 5 to 8 dollars an ingot, it was a cheap way to really get an inexpensive WOW from someone on Christmas morning.
Who ever is still Holden gold and silver paper contract better get smart quick and ask for delivery. They don’t have the metals to back up these papers.
Been buying quarters from SD and have been very impressed by the variety and quality. Many RPM's and mint state. Resale value far more than what I paid 😊
How is that relevant? Silver does not have the same standing as Gold which is Tier 1, VAT free. Silver coins are priced AND taxed like an industrial commodity at 20% VAT. Here is quote directly from The Royal Mints webpage: "However, physical silver and platinum bullion, regardless of the country of issue, are subject to VAT at the current rate of 20%"(...)"There usually has to be a good reason for the government not to add VAT to a product, and silver & platinum are no different." So selling silver bullion in UK you instantly lose the 20% VAT you once paid and only get spot price. That makes it tricky to stack. It's similar in Sweden - a court ruling deemed that silver bouillon should have no exempt status and is therefore treated the same as any industrial metal commodity at 25% VAT. Stupid? Yes, but true nonetheless.
@@malmstring How is it relevant? Silver is a monetary metal, it has commercial properties but that is a side issue. Silver is more liquid than gold, is ideal for barter and exchange. Are you going to use Gold, No, you will be robbed, you will use silver armchair warrior.
@@malmstring did you watch the video? he was discussing how silver is no longer a monetary metal and is industrial. I was pointing out that it is still legal tender in the UK. It's entirely relevant to the video.
Russia has been making silver the new dollar. For over two years now, Russia has been selling oil to China for two ounces of silver for a barrel of oil. The silver price has remained stable for oil. When oil hits $100 a barrel, the Chinese will still be paying Russia two ounces of silver for a barrel of oil.
Silver at $100 makes a great exchange for a days labor. Imagine if they simply revalued 1 Oz Silver lady liberty coins with a $100 dollar denomination... what you think would happen?🤔
I always thought they should do this. They should make a BIG distinction between the silver industrial commodity and minted coins that are official money. There should be completely different rules and taxation surrounding it. But Silver is a strategic metal - it will never happen.
@@knockoutfever4 they are called $100 for $100 not sure of all years but from 2013 to 2016 they are 1oz 9999 silver they have different wildlife pictures on them - horse, Muskox, cougar, bighorn sheep, Elk, etc
Both the medium and long term charts on both gold and silver are screaming higher prices are coming .... the 8 year up cycle for metals still has 2-3 years to run
Russia is buying Silver because its a hard asset. Plus if they are buying from Internal Suppliers, the money stays inside of Russia and goes into the coffers of Russian industry. The money will also be used to keep mines open & pay the miners. Also, Silver is a critical "War Metal" that goes into modern Hi-Tech weapons. It's a No Brainer and an Economic "Win-Win". We should be doing it.
Silver is not money any more. It is a far more valuable industrial metal, and becoming more scarce with every passing month. That is why Russia, and soon to be many more nations will be following their example.
Thank you for an informative look back over recent historical appreciation of what and where silver fits and bring me up to day, understanding what is happening and why it is likely t happen - You hit all the buttons that matter...!!
Perhaps, someday, silver's actual value will be cognized for it's worth. All the recent demands for it from industries and countries has to have some kind of effect on it's true value... One would think.
@@selfaware114 actually, recent math has an oz of silver at over 14k per ounce from what russia has planned for gold@155k per ounce.... has me really concerned because im a multistacker.
Every time my friend finds bottles of silver nitrate powder in the garbage at his place of work, he'll grab them for me to convert into silver metal. I've already got about 3-4 ozt that our government has thrown in the trash.
Smart Silver Stacker if you’re saying there is a paradigm shift going from an industrial metal to a financial commodity does that mean the U.S. economy in buying silver going down
Just curios. Why Russia announced it when it can lead to rise in prices. To increase its acceptance ie others also buy and then it becomes a metal that backs currency?
its probably to weaken the us dollar. if you announce it, that creates panic buying and that can cause a short squeeze in a heavily shorted market. a lot of ppl think that US banks are lying about how much physical they have. so if ppl start buying and wanting delivery. they dont have it.. it makes the us banks have to buy more and exit theor shorts causing the price to soar
The french , spanish, latin word for Silver is around ARGENT, Argent in French is the word for Money,, Argentina the silver country, Argentier was the minister of finance of finance What has changed?
I just checked the price of 90% silver at Monument Metals, and SD Bullion, and Monument Metals kicks their butt, which is the case 95% of the time. Don’t listen to these youtubers, that are sponsored by SD Bullion. The best deals right now are: 90% Monument Metals, BU random yearSilver Eagles and gold, Bullion Exchanges.
Silver will never be used for money like before 1965. But the idea is that FIAT currency is backed by nothing is killing their economic rubble. Their idea is to back at least 20 to 25% of their rubble it would strengthen it. If you can hold do it
So the Russians are bidding up the price of silver so: 1) US missiles are more expensive (lot of silver in a missile), 2) solar energy is more expensives (lots of silver in a solar panel). Good strategy if a country has a lot of fossil fuels. I have no idea if Russia actually mines a lot of silver.
Interesting perspective. Key words "if Silver is remonetized". That is a small percentage possibility. That doesn't mean it won't still be valuable and have it's value rise, it just means that a LOT more nations besides Russia would have to monetize it. In addition just having Russia Stack Silver doesn't really do much, it's a tiny market and they could of course cause problems within the tiny Silver market and especially because of it's industrial uses. Having said that, this is important information but it's not Silver becoming remonetized it is only an acknowledgement that there is monetary value in Silver and holding it. Anyone watching the 65% move of Silver over the last 12 months should have told anyone looking (not the mainstream media yet) that it is worth holding over time.
People keep saying silver is gonna go up in price to price of gold, but it never has. Silver will never be valuable as gold, i dont care how many times people will say price of silver will be equivalent to gold, i highly doubt it. No matter if theres a shortage itll stay between 19 bucks to 40 an oz. Gold will forever be the go to stacking metal, i do keep silver on my stack, but not as much as gold. Lets put it this way, gold is tier 1 asset, and monetary leverage. Stocks, bonds, etfs, silver and copper is like tier 3. Just because these theories or thoughts about silver going to drive up to a all time high, it will never happen.
Any country would be smart tying their currency to multiple assets. Gold, silver, oil, Bitcoin etc all at once. Not just gold, or not just oil. This would stabilize a countries money and economy in a way not seen in my lifetime. Every country seems to tie to one thing or nothing. And when that time comes, the money rapidly loses all value.
And why did India buy tons of it recently . The issue is anyone going to put a ratio on gold vs silver ? At that point the price of silver will explode .
Gold, sell your silver, don't buy into it they just want to get rid. Make real money Gold silver makes pennies just look at gold if you would have bought 6months ago. SELL YOUR SILVER EVEN AT A LOSS, you will make that loss up with gold. I know they sucker me into silver buying, don't make the mistake, years ago, but sold last year at a loss and bought gold. Who is laughing now. ME
How much will they actually buy, will they take physical delivery? How much will other countries? There could be a short squeeze next year. It's not impossible.
This will continue to propel silver valuations in US$ well above $33/ounce in the next 5 years. It is time to buy silver coins and bars to protect an investor's assets. Short term goal is $50 in 2 years and $125 in 5 years.
The ruble is extremely undervalued. Russia’s silver output is likely high enough that it will be bought within the ruble. If you adjust for purchasing power parity 55 billion rubles worth of Russian sourced assets by Russia’s CB is actually worth about 1.6-2 billion USD in equivalence.
You know what is the funniest about all of this? Since 2020 I was telling everyone to buy and stack silver and if possible some gold. Most npcs always said "but i don't have cash for that". They had cash for subscriptions, drinking and so on. But not even to buy at least 1oz of silver per month. Time went on, NONE OF THEM GOT EVEN A SINGLE OUNCE. Today we all see the price of metals. Lads whatever you do, keep your mouth shut about how much you have, dont even write comments here. It's easy to track you down. Not even you family should know that, otherwise they will harass you or even harm you for that, not to mention selling you to the gov. Soon silver might peak at 100usd per oz, maybe even next year, if we look at current state of things. That metal might get you nice outcome from this crisis and even save your life if you need to flee. Stay safe frens, wagmi
I don't know a lot about the future, but I DO KNOW that silver still feels very undervalued. But I've got so much of it, it feels like I need to trade some for gold. Just waiting......waiting....waiting (I hate jumping into ANYTHING!
I strongly doubt Russia intends to monetize silver. But I totally believe they intend to hoard silver for two reasons. First given its uniqueness in enabling a range of future advancements in military, medical, solar, battery, etc applications. Second as economic warfare in retaliation to western imposed sanctions, knowing the enormous short positions of US banks, and the potential consequence to the western financial system that a breakdown in silver could cause.
From experience -- to all your buyers of SILVER - - shop locally - and your first question should be - IF NEED BE - WILL YOU BUY THIS SILVER BACK FROM ME ?? - and if in doubt about any silver - get your silver tested for purity at your local coin shop - get to know the owner and shop there !!
I love local coin shops, but there aren't any anywhere near where I live. That's why I use sdbullion.com for most of my purchases. They will also buy back your silver btw, sdbullion.com/sell
I agree. Many years ago, when the Acronym BRICS was still a whisper.... i read an article on global research theorising on the possibility of russia remonetising silver domestically. Try as i may now, i can not find it in the archives. I wholeheartedly agree with you. Sound m9ney is returning, even if for a little while. Silver will shine as a monetary metal again.
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Да что тут говорить? Даже я русский хочу купить слиток золота килограммовый. А что бы и нет?
I would too lol @@ЭдРусскиймедвед
Fair value of silver $1200 an ounce.
15 percent of gold, $175..
Silver has always moved higher with gold when the US dollar weakens or we hit a recession. Silver has never been thought of as an industrial metal until recently. Most of silvers 30% gain in 2024 has nothing to do with it's industrial use, but has everything to do with the dollar weakening, a possible US recession looming and the world tensions and wars. Silver and gold are both at their strongest when the US dollar and the US economy is at it's weakest, with silver's industrial use being a small factor
I watched an old video of Warren Buffet and Charlie Munger talking about their silver holdings from the 90s. They played good cop-bad cop and basically gave the message that buying silver wasn’t a great investment. But, I got to thinking, why should we trust them? They’re fully aware that cheap silver is critical for the manufacturing businesses they have interest in. And nowadays, how does a silver to gold ratio of 90 to 1 make any sense at all?
Was that before or after Buffet bought 3,500 TONS of silver?
The silver he was forced to sell to avoid jail.
Before he croaked, Munger said Bitcoin was "rat poison." Buffet said "rat poison squared." They were so successful with the old money, they could not recognize something new.
Two of the lowest, scumbag, insider traders in history.
Actually Buffet was right but this was the past - decades when Silver and Gold were artificially suppresed by the largest Western banks
This way gold and silver wont make the USD look so bad
The big shift here is while the Wester banksters are openly suppressing Silver- BRICS esp. Russia India and China are taking delivery
There is now a looming shortage of physical silver and the price in China actually decoupled from the Wester exchanges like LBMA and COE
Charlie Munger also thinks that hard working responsible childless adults shouldnt own homes but single mothers who smoke meth and have 5 kids should own homes
Russia is not the only one increasing their silver reserves.
India and China are as well.
You can't be serious. Putin is COMPELLED to dump all of his precious metals to make Xi happy.
Both Red China and India are (traditionally) MASSIVE silver importers.
Putin can NEVER be a serious player in silver. He has to ship it off to India and Red China just to hold his tyranny together.
If BRICS release currency backed up by Gold , all worlds fiat currency Dollar Pound Euro etc. Will become worthless in 48 hours ....
That is why BRICS are buying gold like crazy ....
Destroying western currency will result in destruction of economy in 48 hours .... West would got destroyed without firing single bullet .....
Only people who would be safe are those who own gold ....
Your properties will lose value 90%+ if your country got hit by hyperinflation , stocks and bonds will become worthless....
If whole world got hit by hyperinflation than gold silver will become worthless .... and only wealth of any meaning will be food and resources......
And Russian Federation buying gold like crazy and it is richest country in the world in resources and breaking records in food production.....
The question should not be why is Russia buying silver now,but why is Russia announcing that it is buying silver now?
Because Russia is actually selling silver?
Because silver, not gold, is the Achilles Heel of the US dollar financial system and pushing up now the silver's price will accellerate the dollar's demise.
If they are announcing now, means they've been buying for awhile. By the time we know, it's already been happening
@@baregildegomcesvalthis is poppycock
@@baregildegomcesval If that was true then why is the dollar above 103?
Paper money will soon be worthless, tangible assets will soon be priceless. Enough said.
"Soon" 1 year or 5 years?
How long?
@@robunique The price will give you the answer.
@flippensweet3 happening faster than we know
It already is, since the inception of the euro 20 years back its value is divided by 4
Plata, Argent, 은행....the truth is hidden in plain sight. Silver means money in 14 languages. Wizard of Oz = wizard of ounces. Argentina = Land of Silver. Dollar = Thaler....the more u study it all connects to silver
30 pieces @@auric-goldbugger
Thank you for this …. I’ve been stacking silver & gold since 2008ish , feel like I’m very informed & have been part of /following those years & years ahead of the public ….
YOU LEARN SOMETHING new everyday !… OR I JUST DID.
Love your comment thank you !
Also Indian rupee, Indonesian rupaiya n many Asian currencies name derives from old sanskrit word for silver.
Amusing fact : Argentina means land of silver. Root word is Latin for silver n that Latin word is also derived from sanskrit. Arjan in sanskrit means shiny, silvery etc.
William Jennings Bryan, silver slippers, silver standard with the yellow brick road
@ProgressiveGoldbug Yooooooooo 30 pieces of silver!! This is a very old biblical prophecy, it's in Zechariah 11: 12-13 And the Lord said unto me, Cast it unto the potter: a goodly price that I was prised at of them. And I took the thirty pieces of silver, and cast them to the potter in the house of the Lord. . And fulfilled in mathew 26:15 And said unto them, What will ye give me, and I will deliver him unto you? And they covenanted with him for thirty pieces of silver.
Mind blown!
$33.92 today. My friend says don’t sell it for fiat whatever you do. Trade it. Exchange for house, car, whatever.
GREAT Advice 😸!
Fool
dont sell it because if hyperinflation happens, it will be still be real money.
Good luck with that.
That may happen one day, bartering PMs, that is. America has been fortunate thus far to never have to really do that. However, ut would certainly be on the table in an economic crash or hyperinflation scenario
Someone just offered me 292 ounces of silver to sell my truck instead of cash.
Take that shit and run
Take it!!!
I offer 300
@@stephencampbell2018 you don't know what the truck is worth though
@@bobmalooga335 worth about $12,500 as is. I took the offer.
Hey smartsilver stacker! Just wanted to let you know that I came across one of your pods back in July and you changed my life!! I had never even heard of stacking before then. Well I've become obsessed... since then I've not only been stacking (silver) but also researching snd absorbing everything I can on precious metals. Also saving $$. Now everytime I open my wallet my first thought is "do I really need this item or need to stop for fast food?" It's amazing how much money I've been able to save this way and can now put towards stacking. In the past nothing was left at the end of the month. So far I've purchased 2 1oz. rounds, 1 2021 silver eagle, 1 1oz bar and 1 5oz bar and I almost have enough for a 10oz bar (by next month). I just love everything about stacking. Thank you so much!!!
Welcome to the world of stacking, you are doing great!
Welcome. Silver helped me quit smoking and drinking alcohol. The stack grows!
Cheers bro! Save for the kilo
Just like me. Started stacking myself 6 month ago. Just feels grate to have it in my home.
That's awesome to hear! Sounds like you've got a nice stack going! Keep up the good work 👍👍
Once the paper futures market is overwhelmed by physical demand, we should begin to see true price discovery
This has been said for 30 years. Good luck waiting.
In silver I buy 10 kilograms I gained after two years 560$
In the same time and same money I buy 4.5oz of gold my gains 3000$ so gold gives high yield by far
I hope you have a long invest plan. Silver stacking is not for the meak. I bought in 2009-2010. With all the VAT tax and price management downwards (shorting) in this sector + real inflation number, I'm still under water. We probably have to get up to around $60 to break even. Eventually pendulum WILL swing other way, it has been too one sided for about 20 years now...but when we do not know...
@@ThanksWyatt You're not wrong. However, the geo-political landscape is changing. Countries that normally settled in US dollars/treasuries are becoming wise to the Keynesian slavery scheme. Those countries are working very hard to move away from US fiat and into sound money. Good luck to you as well.
The banks are the riggers. Forever. It will end. The more countries buying ag rhetoric sooner it will end. Ed
Silver still gets used as monetary metal, it’s preferred over gold and bitcoin throughout South America, more liquid and bartered throughout vast areas of the world than Western countries currently comprehend
Absolutely
Thank you for your information myfriend I didn't know this God Bless 🙏
We’ve been indoctrinated, smothered with propaganda, we’re told that 401k accounts (superannuation here in Australia) is a safe haven!
分析的棒！！！
Really?? Need evidence
buying silver today is like buying amazon in 2012
I have a wisewolfgoldandsilver Wolfpack subscription, autopay that comes every month , mix of silver and gold , set it up and it just comes in the mail
Been hearing this for 20 years.
@@willt2036youtube.com/@willt2036?si=Dhr2RWXD5FSLaruz
Troll much?
Can't compare a commodity with a listed corporation.
I have 4500 ounces of silver... I bought all of it in 2016-2017 when it was $13 an ounce
that's some smart stacking
I wish I did it then. I've just picked up 300 oz at 31$. I sure i spent about 10% of my savings on that but I'd like it to be closer to 35% of my savings.
Yeah?... and what? Is this really something you want to be posting publicly?
If random people on RUclips have 4500 ounces I have a hard time believing the whole silver 'shortage' narrative.
noice
Physical silver is just insanely undervalued right now. Everything else has just gone up multiples and, yet, physical silver remains one of the most manipulated markets ever. Should easily be $100-$120/oz. right now. If about even 4 or 5% of the US population start saving/investing in metals like some of the other world cultures, they'd have to revalue precious metals overnight.
Good start. I'd place it at approx $460.00.
Most silver traded is imaginary silver, it only exists on paper, it's not really there. As soon as buyers want physical silver to be delivered, then the price of silver will outperform gold.
This is why silver is going up in price because Russia wants Silver now….
Silver is heavily used in military technology. Russia needs Silver for its mass production of military technology against the west's hostile attitudes to it, and its hypersonic missiles requires a fair bit of Silver.
And how they are paying North Korea soldiers?
@@Pepperboy555 Probably with Bitcoin -- the only money that could get to the Canadian trucker families when Trudeau froze the Canadian dollar from them.
@@Pepperboy555don’t have to because the N Korea soldiers are defecting to Ukraine…
Ooh !
@@Pepperboy555 switch off your TV. LOL !
USA can control the USD bonds...
Russia can control the Silver price.
Also, US coinage was 90% silver prior to 1964 so silver was used as actual money not so long ago in the US.
1964 was a long time ago. We have 3 generations since then that have never experienced Silver in the monetary system.
@@Silvercontained na, my kids know how silver works, and theyre 7 and 11 and 14
@@constitutionalrepublican1611 Yeah but how many people teach their kids what you tought? Im guessing a very small %.
The support for silver above $31 is extremely heartening! Get ready for blast off! T-minus 10, 9, 8..
Problem is there's a real chance of markets falling after US elections. If silver is hopefully $38 by the it could fall to $22...and here we go again... HOWEVER in the next cycle bonds and most equities will not be that desirable. Whole markets will be lead by like 7-12 companies after consolidation after crash and only safe hedge will be Gold. Then silver will follow and rise very quickly. But it could be another 1-3 years for everything to come together. In the whole scheme of things that is nothing for silver.
It can drop below that if we have a deflationary event like in 2008 or 2020. Both times it got cut in half.
True, but you couldnt buy any at that price. It was unavailable or had massive premiums. You never can buy the physical in those deep drops when the entire market dumps.
@@knockoutfever4 you couldn't buy it because mints just said they were out of stock. They were never out of stock. They just wanted to wait til paper price came back up before selling. They think we're idiots!!
This comment aged well.
Decades ago, I used to give 1 ounce silver ingots as Christmas gifts. At from 5 to 8 dollars an ingot, it was a cheap way to really get an inexpensive WOW from someone on Christmas morning.
Who ever is still Holden gold and silver paper contract better get smart quick and ask for delivery. They don’t have the metals to back up these papers.
How cool would it be with the new technologies if we had a silver dollar instead of petrol
Russia is the third largest producer of silver and they are purchasing as well , must be a pointer for its demand
Missiles use silver as does other things
@ a fighter jet 100 kgs
Been buying quarters from SD and have been very impressed by the variety and quality.
Many RPM's and mint state.
Resale value far more than what I paid 😊
New Samsung silver battery is a game changer
Silver is still a monetary metal in the UK, it's a sovereign coin and is capital gains tax free.
How is that relevant?
Silver does not have the same standing as Gold which is Tier 1, VAT free. Silver coins are priced AND taxed like an industrial commodity at 20% VAT. Here is quote directly from The Royal Mints webpage: "However, physical silver and platinum bullion, regardless of the country of issue, are subject to VAT at the current rate of 20%"(...)"There usually has to be a good reason for the government not to add VAT to a product, and silver & platinum are no different."
So selling silver bullion in UK you instantly lose the 20% VAT you once paid and only get spot price. That makes it tricky to stack.
It's similar in Sweden - a court ruling deemed that silver bouillon should have no exempt status and is therefore treated the same as any industrial metal commodity at 25% VAT. Stupid? Yes, but true nonetheless.
@@malmstring How is it relevant? Silver is a monetary metal, it has commercial properties but that is a side issue.
Silver is more liquid than gold, is ideal for barter and exchange.
Are you going to use Gold, No, you will be robbed, you will use silver armchair warrior.
@@malmstring did you watch the video? he was discussing how silver is no longer a monetary metal and is industrial. I was pointing out that it is still legal tender in the UK. It's entirely relevant to the video.
@@malmstring Canadian Maples are not taxed in the UK, at least according to what a dealer told me…
@@malmstringit does become relevant if the price explodes as there is no tax when you sell
Silver and bronze are the best to trade resources.
Gold is only to store value.
Is it edible?
I'm a big believer in platinum! Specially for advanced technology.
Next year is gonna be a good year. 📈
A bigger believer than me??! Platinum is like getting gold at 1/2 price
Platinum is much rarer than gold, too
@@blazetino5713
Rarity does not equate to valuable.
Russia has been making silver the new dollar. For over two years now, Russia
has been selling oil to China for two ounces of silver for a barrel of oil.
The silver price has remained stable for oil. When oil hits $100 a barrel, the
Chinese will still be paying Russia two ounces of silver for a barrel of oil.
you rambled so much you forget the reason of the vidro by your headline - Russia"s plan for silver. Ramble on .
Great video, you know your stuff!. I like the info, thanks.
Silver price just sky-rocketed to 33 yesterday and also all the other gold and silver miners too.
$36 is critical. New recent highs but it needs to close over the 32-36 zone.
It has now gone over $51 in Australia.
This was a good video to watch for me today! Explains some of the up-swing in price recently.
Silver at $100 makes a great exchange for a days labor. Imagine if they simply revalued 1 Oz Silver lady liberty coins with a $100 dollar denomination... what you think would happen?🤔
Imagine if we revalued their paper 🤑
I always thought they should do this. They should make a BIG distinction between the silver industrial commodity and minted coins that are official money. There should be completely different rules and taxation surrounding it. But Silver is a strategic metal - it will never happen.
Canada has 1oz silver coins in $100 denominations
From which year sre these canadian could ns?
@@knockoutfever4 they are called $100 for $100 not sure of all years but from 2013 to 2016 they are 1oz 9999 silver they have different wildlife pictures on them - horse, Muskox, cougar, bighorn sheep, Elk, etc
Silver is more valuable than gold
You wish
Calm down.
Ok, then I'll give you an oz of silver for an oz of gold
Silver has been a terrible investment for the last 40 years.
Now over $51 in Australia.
Both the medium and long term charts on both gold and silver are screaming higher prices are coming .... the 8 year up cycle for metals still has 2-3 years to run
The law of supply and demand will push silver prices higher for longer.
Russia is buying Silver because its a hard asset. Plus if they are buying from Internal Suppliers, the money stays inside of Russia and goes into the coffers of Russian industry. The money will also be used to keep mines open & pay the miners. Also, Silver is a critical "War Metal" that goes into modern Hi-Tech weapons. It's a No Brainer and an Economic "Win-Win". We should be doing it.
Silver is not money any more. It is a far more valuable industrial metal, and becoming more scarce with every passing month. That is why Russia, and soon to be many more nations will be following their example.
Great info thx 👍
Great insight! This video aged well! Keep stacking 💪🏽
good material to chew, Smart !
That Engelhard bar speaks to me!
Thank you for an informative look back over recent historical appreciation of what and where silver fits and bring me up to day, understanding what is happening and why it is likely t happen - You hit all the buttons that matter...!!
Great video. Thanks for your knowledge, this helped me a lot 🙏
Seriously tho👍🏾
Perhaps, someday, silver's actual value will be cognized for it's worth.
All the recent demands for it from industries and countries has to have some kind of effect on it's true value...
One would think.
The ruble is 109 per dollar. I don't think you'll see Russia able to buy much silver unless they want to use gold to buy it with.
you can buy a lot of silver for what one ounce of gold costs.
facts
And you need a lot of space to store it, if it is physical silver.
Not that much tbh @@stanian2
There are only 3 to 5% people buying EV's... But I understand it's being used in other industries.
404 paper contracts per real ounce, ratio 80 to 1 on gold, the perfect hedge if SHTF
Yes= 150$ silver.
@@selfaware114 actually, recent math has an oz of silver at over 14k per ounce from what russia has planned for gold@155k per ounce.... has me really concerned because im a multistacker.
Silver is the new oil and the supply is thin much undervalued for now anyway
Awesome report! 👍
If price of silver were about to go through the rough, you wouldn’t be selling it!!
Every time my friend finds bottles of silver nitrate powder in the garbage at his place of work, he'll grab them for me to convert into silver metal. I've already got about 3-4 ozt that our government has thrown in the trash.
Russia & China considers Silver as a Strategic Metal.
if you look at usdebt clock something changed as well..
Buy it when everybody is hateing it
55.1B rubles? I don’t know the conversion rate, but I’m guessing it’s around $10,000
Smart Silver Stacker if you’re saying there is a paradigm shift going from an industrial metal to a financial commodity does that mean the U.S. economy in buying silver going down
I’d like to see it happen.
It will be interesting to see if it has any effect on platinum….. platinum is a much smaller market….
We'll See
Buy The Dips
Just curios. Why Russia announced it when it can lead to rise in prices. To increase its acceptance ie others also buy and then it becomes a metal that backs currency?
its probably to weaken the us dollar. if you announce it, that creates panic buying and that can cause a short squeeze in a heavily shorted market. a lot of ppl think that US banks are lying about how much physical they have. so if ppl start buying and wanting delivery. they dont have it.. it makes the us banks have to buy more and exit theor shorts causing the price to soar
The french , spanish, latin word for Silver is around ARGENT, Argent in French is the word for Money,, Argentina the silver country, Argentier was the minister of finance of finance What has changed?
I just checked the price of 90% silver at Monument Metals, and SD Bullion, and Monument Metals kicks their butt, which is the case 95% of the time. Don’t listen to these youtubers, that are sponsored by SD Bullion. The best deals right now are: 90% Monument Metals, BU random yearSilver Eagles and gold, Bullion Exchanges.
I like M.M.'s
Protect yourself at all times. Arms are nice to collect too. Buy Silver it delivers. Gold is old, and it does not fold. Love from the Philippines.
Silver will never be used for money like before 1965. But the idea is that FIAT currency is backed by nothing is killing their economic rubble. Their idea is to back at least 20 to 25% of their rubble it would strengthen it. If you can hold do it
The defence industry uses a varst amont of silver.
Indeed they do
So the Russians are bidding up the price of silver so: 1) US missiles are more expensive (lot of silver in a missile), 2) solar energy is more expensives (lots of silver in a solar panel). Good strategy if a country has a lot of fossil fuels. I have no idea if Russia actually mines a lot of silver.
How does the silver market guage the dynamic of A.i?
Like is a.i. a threat to a stackers well-being?🤷🏾♂️
Thank you for the video.
Good reminder at the end of the video that this is just an ad for sd bullion
Interesting perspective. Key words "if Silver is remonetized". That is a small percentage possibility. That doesn't mean it won't still be valuable and have it's value rise, it just means that a LOT more nations besides Russia would have to monetize it. In addition just having Russia Stack Silver doesn't really do much, it's a tiny market and they could of course cause problems within the tiny Silver market and especially because of it's industrial uses. Having said that, this is important information but it's not Silver becoming remonetized it is only an acknowledgement that there is monetary value in Silver and holding it. Anyone watching the 65% move of Silver over the last 12 months should have told anyone looking (not the mainstream media yet) that it is worth holding over time.
People keep saying silver is gonna go up in price to price of gold, but it never has. Silver will never be valuable as gold, i dont care how many times people will say price of silver will be equivalent to gold, i highly doubt it. No matter if theres a shortage itll stay between 19 bucks to 40 an oz. Gold will forever be the go to stacking metal, i do keep silver on my stack, but not as much as gold. Lets put it this way, gold is tier 1 asset, and monetary leverage. Stocks, bonds, etfs, silver and copper is like tier 3. Just because these theories or thoughts about silver going to drive up to a all time high, it will never happen.
I heard somewhere that there is a lot of silver in bombs and missiles. Unrecoverable.
Any country would be smart tying their currency to multiple assets. Gold, silver, oil, Bitcoin etc all at once. Not just gold, or not just oil.
This would stabilize a countries money and economy in a way not seen in my lifetime.
Every country seems to tie to one thing or nothing. And when that time comes, the money rapidly loses all value.
And why did India buy tons of it recently . The issue is anyone going to put a ratio on gold vs silver ? At that point the price of silver will explode .
Gold, sell your silver, don't buy into it they just want to get rid. Make real money Gold silver makes pennies just look at gold if you would have bought 6months ago. SELL YOUR SILVER EVEN AT A LOSS, you will make that loss up with gold. I know they sucker me into silver buying, don't make the mistake, years ago, but sold last year at a loss and bought gold. Who is laughing now. ME
THANKS ! The information / analysis is absolutely remarkable and will look forward to more !!
Much appreciated .
👊🏼 🔥 📈 ⚡️
Rubel will secured with real money Silver! I a few days we knew more! BRICS
Good thing they waited until the ruble got stronger before they bought silver with it 🤦♂️ how much silver can you get for a ruble?
Good I hope they buy up everything they can !!!! pressure the market and drive the price up through the roof ...
How much will they actually buy, will they take physical delivery? How much will other countries? There could be a short squeeze next year. It's not impossible.
Nice video loop
This will continue to propel silver valuations in US$ well above $33/ounce in the next 5 years. It is time to buy silver coins and bars to protect an investor's assets. Short term goal is $50 in 2 years and $125 in 5 years.
If it goes to 125,- I will have a nice Retirement. 😉
If they announced it's done
The ruble is extremely undervalued. Russia’s silver output is likely high enough that it will be bought within the ruble. If you adjust for purchasing power parity 55 billion rubles worth of Russian sourced assets by Russia’s CB is actually worth about 1.6-2 billion USD in equivalence.
If gold reaches 3k/oz it’ll be lighter per dollar than $100 dollar bills. Will launderers drive the price even higher?
You know what is the funniest about all of this?
Since 2020 I was telling everyone to buy and stack silver and if possible some gold. Most npcs always said "but i don't have cash for that". They had cash for subscriptions, drinking and so on. But not even to buy at least 1oz of silver per month.
Time went on, NONE OF THEM GOT EVEN A SINGLE OUNCE.
Today we all see the price of metals.
Lads whatever you do, keep your mouth shut about how much you have, dont even write comments here. It's easy to track you down. Not even you family should know that, otherwise they will harass you or even harm you for that, not to mention selling you to the gov.
Soon silver might peak at 100usd per oz, maybe even next year, if we look at current state of things.
That metal might get you nice outcome from this crisis and even save your life if you need to flee. Stay safe frens, wagmi
You missed the important part in the US, and Willian Cullen Bryant, running on a platform of silver/keeping its importance in a "bi-metal" society...
I'll give you 2x the silver value for that 1928-P Peace dollar 😁
I didnt understand properly, will the price come down ever or not?
Yes. But to what level and when is the question
I don't know a lot about the future, but I DO KNOW that silver still feels very undervalued.
But I've got so much of it, it feels like I need to trade some for gold.
Just waiting......waiting....waiting (I hate jumping into ANYTHING!
Silver is up 60% on the year and I think will soon be $50 an ounce in next 1-2 years
It's over $51 now, in Australia.
I strongly doubt Russia intends to monetize silver. But I totally believe they intend to hoard silver for two reasons. First given its uniqueness in enabling a range of future advancements in military, medical, solar, battery, etc applications. Second as economic warfare in retaliation to western imposed sanctions, knowing the enormous short positions of US banks, and the potential consequence to the western financial system that a breakdown in silver could cause.
It's a bankers currency scam. The economic anchor should be labor and productivity.
From experience -- to all your buyers of SILVER - - shop locally - and your first question should be - IF NEED BE - WILL YOU BUY THIS SILVER BACK FROM ME ?? - and if in doubt about any silver - get your silver tested for purity at your local coin shop - get to know the owner and shop there !!
I love local coin shops, but there aren't any anywhere near where I live. That's why I use sdbullion.com for most of my purchases. They will also buy back your silver btw, sdbullion.com/sell
2025 should be a wonderful year for silver
I agree. Many years ago, when the Acronym BRICS was still a whisper.... i read an article on global research theorising on the possibility of russia remonetising silver domestically.
Try as i may now, i can not find it in the archives.
I wholeheartedly agree with you.
Sound m9ney is returning, even if for a little while.
Silver will shine as a monetary metal again.