I don’t know Jack Shit about finances and this is not financial advice.
What it is , is a very precise analysis of what is going on in the Silver Market behind the scenes and describes a desperate attemp at controlling the continuation of the historic throttling of the price of Silver around the world and how the dirty tricks deployed in the middle of the night on the night before Christmas Eve and the deliberate timing of it right at Christmas when the markets are closed is doomed to failure.
In case you haven’t been paying attention, the price of an ounce of Silver has jumped from $30 an ounce at the beginning of the year to over $71 dollars an ounce just yesterday and the predictions are, it is going to go over $100 dollars an ounce in the first half of next year.
The dirty tricks were employed to protect the gamblers who hold paper contracts instead of physical Silver. The demand for actual physical Silver is expected to exceed the yearly supply this next year due to it’s uses in Solar Panels, Electric Automobiles and the planned AI plants coming.
The only thing I will say, is the same thing the gentleman in the video says.
If you currently have any physical Silver, hold on to it.
It has already doubled in value in the last 8 months and it is most certainly going to go up.
The hold on suppressing the price is about to be broken permanently.
This is a very informative video.
The same thing was said in 1979 when the Hunt Brothers tried to corner the silver market and it reached $50/oz before the bubble burst.
Since you can never be sure who is correct, a prudent approach is to sell some and take take the profits while holding some in case the video is correct. It’s called the ‘maximin’ strategy.
Yeah, I’m waiting for another Silver Thursday crash to happen like it did back then. My dad had a lot of junk silver coins that he sold and made a pretty penny on them. I’m glad that he didn’t sell the Morgan and Peace dollars that I forgot about and left at my parents house when I got married and moved out. My grandfather was a coin collector and used to give me a silver dollar on my birthday and at Christmas. After my dad passed away my mother reminded me about them. I still have them to this day.
Same here -all of us kids have silver dollars and quarters with the mint mark of our birthdays. It’s amazing the ring when you drop a soilid silver coin on a hard surface, the ringing sound is unique!
Saul, the fed reserve printer wasn’t on max then
It was the shredder, not printer in ’79. The Fed was sucking money out of the system to drive up interest rates to push inflation down.
This guy ( AI ) is showing up with all knds of videos. It’s AI generated crap that is mostly BS. Check it out for yourself, CME did not do this Christmas eve. There was a increase back in Oct. Buy silver and gold because your fiat US dollars are worth less every year.
Historically, going back before the Egyptian pharaonic dynasties, about ten ounces of silver bought an ounce of gold. Today, even with silver over $70/Toz it takes more than sixty ounces of silver to buy an ounce of gold. Something is about to settle out; either gold will drop or silver will rise. Either way, silver seems the wiser choice but YMMV.
Thought I’d put my 2 cents in this. If and when you buy any silver buy 1/4 ounces or smaller. When the shit hits the fan- and it’s gonna, you dont want to be paying an ounce of silver for a loaf of bread. Walk that wall watchmen. Watch.
J P Morgan supposedly changed a giant short to a long position. I can’t imagine how much physical and paper silver they own to do that. I watch that and the 10 year treasury regularly.
ps This grifters info is bullshit. It will and was going to and past 100 before he spoke and his Xmas morn activity never happened.
Silver, the Poor Man’s Gold. I have a mix, and now’s the time to buy the 1/10th Oz silver from a reputable mint. Gonna be difficult to break a 1 Oz coin or bullion when it starts going three digit.
Not readily available at the moment, but it soon will be.
Currently settling at $78+ Oz.