Silver Price News! Bank Closures and Impending Silver Price Spike?

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  • Опубликовано: 2 май 2024
  • In this video I talk about the recent silver price news for this week. Silver price is down about $2 over the last 2 week and silver price continues to move lower. I talk about how the comex might be pointing to a silver price spike as well as the most recent bank closure. I talk about Jerome Powell's comments at the last FOMC meeting and the potential for rate cuts. I also go over a few highlights of the latest world silver survey put out by the silver institute. Will silver price continue to fall or will it start climbing? I do not know the future and this is not financial advice. Silver price has an inflation adjusted all time high of $142 per oz and silver price has a long way to go to climb that high. Where is silver price headed in 2024? What will happen to silver price next week?
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    Topics I cover in this video: silver news, silver price news, big silver news, silver stacking, silver stack, silver stack, buy silver, silver investing, silver investing news, silver price, silver price down, silver price change, silver and gold prices moving down, why silver is down, why silver price went down, why silver and gold are down, silver and gold price down, silver prices down, silver price, silver stacking, silver spot price, silver Investing, silver price news, silver price prediction, silver price 2024, silver price up 2024, silver price in 2024, gold price, gold price down, gold all time high, silver, silver coins, silver institute, world silver survey, world silver survey 2024, silver survey 2024
    #silver #gold #silverstacking

Комментарии • 353

  • @timothygorman959
    @timothygorman959 Месяц назад +52

    Owning silver now is a total no-brainer!

    • @Nikotromus
      @Nikotromus Месяц назад +2

      I know but I fell for it just like the rest of us. Dangit!

  • @2Eaglez
    @2Eaglez Месяц назад +78

    September rate cut would be a political move, not a financial move.

  • @emm_syd_music
    @emm_syd_music Месяц назад +45

    The silver spike isn't a question of IF it will happen, but of WHEN.🥂✅

    • @seapanther53
      @seapanther53 Месяц назад +1

      🥈 💪

    • @spyderhead7160
      @spyderhead7160 Месяц назад +1

      😂😂😂😂😂😂😂😂😂😂

    • @deaconyates2671
      @deaconyates2671 Месяц назад +5

      Broken clocks are right twice a day. So are Pollyannas

    • @Nikotromus
      @Nikotromus Месяц назад +3

      If I had a nickel for every time I've heard that one...

    • @seapanther53
      @seapanther53 Месяц назад

      @@Nikotromus you'd still be broke when silver takes off. 😆

  • @Nick-uu2ln
    @Nick-uu2ln Месяц назад +25

    Silver,silver, silver I’m going after more,I just like it more, I own gold but silver is what I want.👍😎

    • @Idfwilldestroyradicals
      @Idfwilldestroyradicals Месяц назад

      Started with silver then heavy gold then back to silver. It's not crazy it's genius. Buy metals now.

    • @shanejones578
      @shanejones578 Месяц назад

      I’m set on platinum.

    • @shanejones578
      @shanejones578 Месяц назад

      With a big stake in silver and fair in gold.

    • @MrSandman12566
      @MrSandman12566 Месяц назад

      I try to stack the big 3 metals but silver is the go to

  • @Bluebird590
    @Bluebird590 Месяц назад +5

    Owning any of silver and gold NOW is beneficial for everyone
    Financial crisis NEAR !

  • @poultonreal
    @poultonreal Месяц назад +22

    “Buy fear, sell greed” - Warren Buffet 🤜

    • @ChadAndersen-qc4kf
      @ChadAndersen-qc4kf Месяц назад +2

      Right 👍 agreed 💯

    • @Karim-ik5ij
      @Karim-ik5ij Месяц назад +2

      I'm so tired of this quote. The next annoying one is the market can stay irrational longer than you can stay solvent.

    • @ChadAndersen-qc4kf
      @ChadAndersen-qc4kf Месяц назад +1

      @@Karim-ik5ij nice 🐱

    • @MrSandman12566
      @MrSandman12566 Месяц назад

      Not wrong.

  • @billulrich8109
    @billulrich8109 Месяц назад +11

    You are one of the best channels out there

  • @fakhrurrozi9528
    @fakhrurrozi9528 Месяц назад +27

    Time to buy the dip!

  • @Thepatriotstacker
    @Thepatriotstacker Месяц назад +14

    Stack it up peoples!

  • @justgrim7
    @justgrim7 Месяц назад

    Always appreciate the updates ! 🙏🏼

  • @Brandon-jw5cv
    @Brandon-jw5cv Месяц назад +3

    Dude, great video. Love to see how the channel has evolved. Baggins4life!

  • @Jmoney1981
    @Jmoney1981 Месяц назад +20

    I think silver will go back up a little. I think $29-$31 will end up being the new floor pretty soon. Just me. Best to get in now.

    • @censorbleep3018
      @censorbleep3018 Месяц назад

      It will reach that peak again, but to say it's the new floor is wishful thinking . . . the price cycles in response to world events and it will slump again.

    • @Jmoney1981
      @Jmoney1981 Месяц назад

      Thanks! For sure you’re right. You might be the first person to ever reply to anything I’ve said. Just started, with stacking & RUclips. Appreciate the feedback. Good luck!

    • @censorbleep3018
      @censorbleep3018 Месяц назад

      @@Jmoney1981 No problem, BTW, I could be wrong, but if you look at all metals, its peaks and valleys rather than climbs and plateaus. Good luck to you too.

    • @Tilor-vp6lm
      @Tilor-vp6lm Месяц назад +1

      Think what you want. You're entitled to your own opinion.

  • @edkirkwood6951
    @edkirkwood6951 Месяц назад +3

    I would love to see the Silver Floor stabilize at $27. Everyone keeps saying all these crazy silver prices. Let's get it steady over $27 and then we can talk about $28-30.

  • @magicman9321
    @magicman9321 Месяц назад +23

    Picked up 250 oz of maples just now

    • @johnrolavs6794
      @johnrolavs6794 Месяц назад +5

      That's my go to coin. Gotta love 9999.

    • @magicman9321
      @magicman9321 Месяц назад +10

      @johnrolavs6794 no I meant 250 floz of maple syrup 🤣🤣🤣🤣🤣
      Just kidding. Yes those are some of my favorites.

    • @johnrolavs6794
      @johnrolavs6794 Месяц назад +5

      @@magicman9321 You would have gotten a thumbs up for the syrup too🤣😂🤣😂

    • @SuperbCuts
      @SuperbCuts Месяц назад +4

      I need to be able to acquire that much at once, Nice pickup!

    • @ChadAndersen-qc4kf
      @ChadAndersen-qc4kf Месяц назад +2

      How much $ ?

  • @tammycornett1404
    @tammycornett1404 Месяц назад +7

    Silver and gold are God's money. Keep stacking everyone and take care. Thank you Silverdragon.

    • @xDooksx
      @xDooksx Месяц назад +1

      And Btc. Get converted.

    • @stevemimoun3162
      @stevemimoun3162 Месяц назад +1

      Bonjour tammy votre point de vu est intéressant et dans les fait véridique le trois principales religions monothéistes en parles dans leur livre l évangile le coran et la thora

  • @ddprepper5227
    @ddprepper5227 Месяц назад +2

    Excellent report 👍👍👍👍

  • @Jmoney1981
    @Jmoney1981 Месяц назад +1

    Yo yo silver dragons!! Thanks for the video!!

  • @elle1014elle
    @elle1014elle Месяц назад

    👏👏I hit the LIKE 👍🏻 button before the videos starts. You alway give great information.

  • @davidguyette2069
    @davidguyette2069 Месяц назад +1

    Keep it up brother. Love the information and thoughts

  • @tedlov06
    @tedlov06 Месяц назад +2

    Great video. Thanks for sharing👍

  • @jackferrell9126
    @jackferrell9126 Месяц назад +5

    Yes, silver is on the rise. Silver here, Silver there, Silver Everywhere! Stack, Stack, Stack!! Silver Dragons best Channel!!!

  • @margiestephens7281
    @margiestephens7281 Месяц назад

    Great info!!!!! Thx so much

  • @dennisbuck4139
    @dennisbuck4139 Месяц назад

    Thank you for all this information.

  • @THECRANKYONE
    @THECRANKYONE Месяц назад

    Great information SD! Thank you.

  • @sm-ey9es
    @sm-ey9es Месяц назад

    love the vids!

  • @Zion-farmer
    @Zion-farmer Месяц назад

    Great info, thx

  • @Siskovski
    @Siskovski Месяц назад

    You are one of the best channels for precious metals

  • @GhostDiZ
    @GhostDiZ Месяц назад +1

    You my friend and silver Seeker are the two top-notch for current events for precious metals

  • @SilverSaxon
    @SilverSaxon Месяц назад +3

    "... Comex data suggests there is a lot of interest in physical silver right now." That's when premiums go up but not the spot price.

  • @greendruid33
    @greendruid33 Месяц назад +2

    Once again, an astute market analysis with all the cards laid on the table so that everyone can make an informed decision for their own needs. Exactly what folks need!

  • @w8ktf-up109
    @w8ktf-up109 Месяц назад

    Love your channel Thank you

  • @scottmoore765
    @scottmoore765 Месяц назад

    Always refreshing to enjoy your content! Best metals channel on RUclips!

  • @11Bravo84
    @11Bravo84 Месяц назад +5

    We need more rate, hikes, and lower silver and gold prices

    • @TheMostSlyFox
      @TheMostSlyFox Месяц назад +4

      100%. Hate all these people that want prices to spike. They spit on those that can't afford 2500$ gold because 'I got mine already'.

    • @erichood3169
      @erichood3169 Месяц назад

      Lmao yea when your holding silver and gold you just cant wait for it to go down 😂. Thats what people that are waiting to buy want. If your holding you never want a loss. Wheres the logic. 😂​@TheMostSlyFox

  • @bosch8896
    @bosch8896 Месяц назад +1

    Your channel is very entertaining thanks for making it keep up the great work

  • @LAR9MM
    @LAR9MM Месяц назад

    Thanks for the videos.

  • @DanCooper404
    @DanCooper404 Месяц назад +8

    I just picked up another 10 Franklin halves for cheap.👍They're the unloved 90%.

  • @silvercobra0923
    @silvercobra0923 Месяц назад +3

    ❤ SILVER & GOLD ❤......🤩🤩 RUN BABY RUN 🤩🤩

  • @MarkSwanson-gg1nm
    @MarkSwanson-gg1nm Месяц назад +1

    Interesting information in the Silver survey.

  • @rickycalloway9966
    @rickycalloway9966 Месяц назад

    Love your channel

  • @ColeDedhand
    @ColeDedhand Месяц назад +13

    Buy the dip.

  • @jeanninevoigt6387
    @jeanninevoigt6387 Месяц назад

    Good info!

  • @Tru730
    @Tru730 Месяц назад

    Good information thanks

  • @patriotsouthern8123
    @patriotsouthern8123 Месяц назад +11

    Ordered another 10oz stacker from Scottsdale this morning

  • @robertsimpson574
    @robertsimpson574 Месяц назад

    Thanks 👍🏻

  • @user-wy6wn7bq2w
    @user-wy6wn7bq2w Месяц назад

    Great channel!

  • @Matty728
    @Matty728 Месяц назад

    Great video, silver will shine ❤❤❤

  • @213thAIB
    @213thAIB Месяц назад +31

    Powell is a lawyer. He is also just the spokesperson for the regime. I am quite confident that he has no idea what he is doing except for what he is told to do.

  • @williamwallace1635
    @williamwallace1635 Месяц назад

    Great Intel!

  • @goldismagic
    @goldismagic Месяц назад +12

    Silver dragons is the best silver and gold channel out there

  • @ajmartineau8221
    @ajmartineau8221 Месяц назад

    Great job sir.

  • @Nordy941
    @Nordy941 Месяц назад +3

    I’m old enough to remember when it was 90% sure they’d cute rates in March 2024. Wonder when they figure out inflation ain’t gonna stop till money printing stops. Probably slightly too late.

  • @barbaratamm-ross3716
    @barbaratamm-ross3716 Месяц назад

    I'm learning a lot from your channel!

  • @llSlickNickll
    @llSlickNickll Месяц назад

    Love your videos

  • @togr824get
    @togr824get Месяц назад

    Another informative video..thank you

  • @damiancantu8313
    @damiancantu8313 Месяц назад +2

    Just purchased $600.00 on silver

  • @Jeramy-en3qz
    @Jeramy-en3qz Месяц назад +3

    Just keep stacking, just keep stacking, just keep stacking, stacking stacking…

  • @bravozx1
    @bravozx1 Месяц назад

    Love the show so much usefull info

  • @antonio17877
    @antonio17877 Месяц назад

    Gold & silver all the way - Great video Silver Dragons - all the way!!!!!!!!!!!!!

  • @treezX
    @treezX Месяц назад

    Great channel.

  • @jstrack6191
    @jstrack6191 Месяц назад +4

    Celente said recently that he was all in on gold but wasn’t sure about silver. I was surprised to hear that from him.

  • @jimk654
    @jimk654 Месяц назад +5

    Sorry, I've heard this so many times for so long I'm not believing any of it. If there is an interest cut it might be in December if any at all.

  • @vanmasterflash7153
    @vanmasterflash7153 Месяц назад +19

    Ounce a day to keep the Fed away.

  • @briananderson7092
    @briananderson7092 Месяц назад +1

    The numbers don't lie, but the silver institute does.

  • @DHaworth100
    @DHaworth100 Месяц назад +1

    Silver and Gold always go up in Spring and Summer. Buy Constitutional until late Fall and winter when both silver and gold will go down heavily. It is now a sellers market.

  • @user-bk5xc5xv2i
    @user-bk5xc5xv2i Месяц назад +1

    What a big news !! I can see this on the price today !! 😅😅

  • @waynerhine
    @waynerhine Месяц назад +3

    One drives themselves crazy looking at the price of silver daily or several times a day. While I can't help myself, I know over the long term it will go up.

    • @peteric100
      @peteric100 Месяц назад

      Watching it is an addiction and I have it.

  • @Johnbowen-5555
    @Johnbowen-5555 Месяц назад

    Good videos keep it up

  • @CSXOhioRailFanPlus752
    @CSXOhioRailFanPlus752 Месяц назад +1

    Nice Video

  • @Gadams-4
    @Gadams-4 Месяц назад

    Good info

  • @user-do4wn5pk4j
    @user-do4wn5pk4j Месяц назад +4

    I own 70,000 Troy ozs. of silver sovereigns and bullion. Been collecting silver since 1966 when I was buying it on the black market in Saigon Vietnam for 1.50 an ounce.

    • @markWilliams-bw7uj
      @markWilliams-bw7uj Месяц назад

      Wow you didn’t sell in 1980 or 2011 ? I sold it all in 2011 and built my house. Your total is amazing my friend 😊✌️

    • @AntoineWilliams7118
      @AntoineWilliams7118 Месяц назад

      Send address for us to inspect your silver

  • @markscarupa4713
    @markscarupa4713 Месяц назад

    Thx

  • @kart118
    @kart118 Месяц назад

    Awesome news

  • @TheMostSlyFox
    @TheMostSlyFox Месяц назад +5

    Silver with premiums is a 5%+ loss out the gate. Buy local secondhand for spot or less just like the shops that offer you less when you sell.

    • @nicolasrossi5978
      @nicolasrossi5978 Месяц назад

      I agree, but most people refuse to see. People buy at crazy premiums, for the vintage bars, for ' artsy decorator' rounds, and artistic silver 'nick nacks' hand poured designer nonsense! Even soverign (you name the nation) and especially here in the U.S. Eagles a couple years old being sold like valuable antiques!? If it ever became emergency SHTF currency/barter material it would trade by weight, Period. Foolish to think otherwise or pay premiums based on how pretty the design is stamped into it.!

    • @AntoineWilliams7118
      @AntoineWilliams7118 Месяц назад

      Especially if you finance on CC and pay interest

  • @rudy52350
    @rudy52350 Месяц назад

    Love your info , the other channels seem to nothing but click bait , only a couple are worth watching , thanks ...

  • @williamcooper2368
    @williamcooper2368 Месяц назад

    I have learned so much from U. And HARRY ❤️

  • @seapanther53
    @seapanther53 Месяц назад +3

    It's a common misconception that low interest rates reduce the value of the dollar. The only argument they have to show this is that every time they lower the interest rate, the economy suffers. However, the truth is the economy was already suffering to the point that a crash would be inevitable, and lowering the interest rate only serves as a weak excuse that the Federal Reserve was not at fault. But they are.
    Printing more dollars weakens the dollar.

  • @melaniepoirier412
    @melaniepoirier412 Месяц назад

    How can one determine the quality of metals that are being purchased sight unseen?

  • @silvercobra0923
    @silvercobra0923 Месяц назад +2

    UP UP UP !!!!!😊

  • @havardramstad1475
    @havardramstad1475 Месяц назад +5

    You as a silver stacker.. you don't get it? They are not going to cut interest rates in the near future.

    • @magicman9321
      @magicman9321 Месяц назад +2

      Agreed

    • @TheMostSlyFox
      @TheMostSlyFox Месяц назад +2

      They may even raise it. But raise or lower the manipulators will pump up metals with emotion, its a price rise founded on nothing factual right now.

  • @amarineae
    @amarineae Месяц назад

    Keep it up

  • @Zgst9
    @Zgst9 Месяц назад +1

    Perfect time to increase your stack

  • @budgetcoinhunter
    @budgetcoinhunter Месяц назад +1

    Just got home from picking up a decent little bit of silver on this minor dip.

  • @gregorygibson5455
    @gregorygibson5455 Месяц назад

    Hello silver dragons

  • @christophermccormick8670
    @christophermccormick8670 Месяц назад

    Crazy!

  • @richardmetcalf2346
    @richardmetcalf2346 Месяц назад +4

    Who won the gold? I don't see it posted anywhere!

    • @blacky4804
      @blacky4804 Месяц назад +4

      No I can never find anything about who wins...

    • @papajoej
      @papajoej Месяц назад +2

      On Friday MAY 3rd AFTER 2PM PT(maybe)???

  • @charlieflores9963
    @charlieflores9963 Месяц назад +1

    Buying as much as I can within the budget

  • @completezach3279
    @completezach3279 Месяц назад +1

    6 months ago it was numerous cuts, now it’s “unlikely” they hike

  • @bellawalton7665
    @bellawalton7665 Месяц назад

    Where is the best place to sell collectible silver or high premium silver?

  • @eddiexoc8430
    @eddiexoc8430 Месяц назад

    Interesting

  • @michelfortin718
    @michelfortin718 Месяц назад

    I stock silver for a year i like nerning from you tanks

  • @johnmorgan9731
    @johnmorgan9731 Месяц назад

    Added two silver Libertads under 32 each
    Great deal 👍

  • @jmsparger4339
    @jmsparger4339 Месяц назад

    Love it

  • @kathleenturner6375
    @kathleenturner6375 Месяц назад

    Holding!

  • @oregonpatriot1570
    @oregonpatriot1570 Месяц назад +1

    It's *REALLY* hard for me to buy silver (even at this dip) because I paid an average of $14 for my stack (and it's a very large stack). I have been trying to fill in some holes in my 90% silver stack, so that's easier to justify.

  • @kiwicory100
    @kiwicory100 Месяц назад

    I have several sterling silver plates...franklin mint stuff what should i do with them I wonder?

  • @Coin_Era
    @Coin_Era Месяц назад

    Exciting news! The inclusion of Rose number [715] beautifully symbolizes our collaborative efforts in this creative garden at CoinEra. Let's continue nurturing this shared space together! 🌹🌷🌼 Thank you for being an integral part of it! 😊💖

  • @andrewmitchell7592
    @andrewmitchell7592 Месяц назад +1

    What is the best GOLD ETF that you like most right now?

  • @blacky4804
    @blacky4804 Месяц назад +2

    Hey, can someone please tell me where to find the winner of the gold.

    • @blacky4804
      @blacky4804 Месяц назад +1

      He never answers the questions.

  • @rockconstruction3941
    @rockconstruction3941 Месяц назад

    Im in it for the long road not the fast buck.

  • @js7916
    @js7916 Месяц назад

    Is there a list of the banks?