Silver in medical dressings / bandages help fight antimicrobial resistance. It’s antibiotic. We use a lot in medicine and it’s not recyclable. Yeah…I’m constantly buying silver. 🤷🏻♂️
I used to work in Electronics. Many years ago we used gold. I used to calculate how many sq meters of gold we used every year. We slowly moved to silver in many cases. But gold gives better conductivity. So silver and gold are almost essential in that industry. Especially as we move to lower voltage applications, where we cannot afford a few millivolt drop.
@@lepton31415 Thanks very true, even copper has less resistance than gold.....i believe he meant malleability for best contact connection...gold is softer, less suspectable to oxidation so it appears the resistance is less...but when silver is fresh and clean, no tarnish, it does beat gold.
@@od40k77 silver loses an insignificant amount of electrical and thermal conductivity after oxidation or sulfidatition which is why it's used in switches.
Glad to find a channel on commodities as about 40% of my investments are in commodity stocks and physical precious metals. Andy is a great guest and I am in full agreement on the manipulation of the silver market by the big banks and to extent the gold market also.
Some great comments given here👍🏻 silver is along time coming for stackers. I use it as a saving mechanism along with gold. Not looking for price appreciation to fiat. Just balanced hedge outside of the banking system. For me I trust in hand and physical vs. Gov. Controlled, government manipulated and government abuse of circulated fiat. With that silver does provide some compelling facts that give some credibility that silver has the potential to surprise everyone on the upside. Cheers
@@CommodityCulture that's what I love about folks like Andy & Gerald, they are emotionally involved because they care & they are intelligent enough to articulate the message in ways that draw you in as a listener.
@@thomasjensen6243 yeah, I don't know why some retailers have much higher premiums than others. Andy has a way of conveying his message that resonates with me, but it's probably not going to convince me to overspend for an identical coin that I can purchase cheaper somewhere else. His business model focuses on the relationship and I like that, but we can still be friends just lower the price!
During WW2 the Army asked the US Treasury for 15,000 tonnes of silver. The silver was supplied to the Army and taken to a factory in New Jersey and formed into coils of wire. The wire was trained to Wisconsin and fashioned into electro-magnets which in turn went to Oak Ridge Tennessee to be used to seperate different types of Uranium for bomb manufacture. After the war and up until 1970 all the silver was returned to the US Treasury barring about four hundredth of one percent which couldn't be accounted for.
Silver is the longest game i've ever played lol. I was in at $12 all the way to $28. Haven't bought an ounce since $28. Im well over doubling and close to tripling. But still we're taking a decade fellas. I'm waiting for triple digits and I know i've got some more time before that happens. I don't need the money and can sit in it until it does what it always does, but man what a patients test. I seen the math on why silver can hit $300 to just below $1000. It's just a once in a lifetime thing and us older silver guys know this. I would never pump silver because it's suck a long game The fact is you have to buy at the bottom and hold to the absolute very top in order to see those 30x to 50x gains. I'm not living in a fairy tail I'm just using data and historical facts to see if I can hit the jackpot. We all no it can't ever go to zero but what happened to oil this decade? It went negative $30 remember. I hit that mark too.
I could have written this , i have almost the same story . I was shocked how cheap Silver was in 2015 and went in hard all the way up to $20/oz. I sleep well at night though , i bet you do too.
Yes same story here , lost my ass in oil learned my lesson . Have been stacking silver , but only savings money I do not need! Would love to leave my kids generational wealth!!
During WW2 a huge amount of silver was lent to the Manhattan Project to build the calutrons used in isotope enrichment of uranium. If you go on a tour of Oak Ridge national lab they talk about it. This huge amount of silver was eventually returned to the national silver stockpile which has since been sold.
wrong. Platinum is cheaper than silver now. Cheaepest its ever been in real terms. The modern economy is going to need LOTS more Pt. And 70% of supply is in ONE country...
(WTI), the U.S. benchmark crude, went negative on April 20th, 2020. The May futures contract price fell $55.90 during the day, to close at negative $37.62 per barrel. This was the most undervalued asset in US history.
I have been following markets and investing since the 1980's. I did some more research on the current ratio of how much silver there is compared to how much there is gold. There is just 19 times more silver than gold in the inventory numbers. That is a 19:1 ratio for silver to gold. Gold is $2,600 an oz. Silver is $31.00 oz. That is about a 84:1 ratio in the price range. With the current 19:1 with the inventory of silver and gold, that makes it $136 an oz for the white metal. Not $31 an oz. It is ridiculously undervalued. Also Appears that investors today, especially the younger ones believe that silver is an industrial metal, not an investment and hedge against inflation. It's far too expensive for common industrial use, in what base metals aluminum, steel, nickel and such is used. And historically silver has outperformed gold when there are periods of prices surges. Again silver currently to it's inventory ratio to gold 19:1, the white metal is to be around $136.00 an oz. Therefore is a great opportunity to buy silver at these current prices and as investor, I would put more money into silver. Or with the current price ratio 84:1, I would trade some of that gold into silver knowing that it'll break out of this stagnation and skyrocket in price. Also I believe there is manipulation happening with silver futures. It happened in the mid-2010's when there was suspicous selling happening in the silver futures outside of trading hours. That manipulation also happened with gold and copper futures.
They already have. Neither one of the banks I use can no longer charge 35.00 for overdraft. It is zero. Both banks websites changed overnight to the same font and layout. One a local and one a major regional bank. They have been dissolved and are under military control.
It has been. If you do some research on mining, you will find out how much labor it takes to refine silver, and how rare silver really is. Because you can find gold in sand from Home Depot, it's in Lake superior sand. They are finding it in Wisconsin now. You can find gold on the ground, but when you watch people pan for gold, they should be finding 10 nuggets of silver for every nugget gold, but they're not finding any silver at all
It is go to take several YEARS which could be 10 to 15 more years before anyone see's Huge Prices in both GOLD and SILVER. It will come but it is going to take a long time . Thanks
@joshl5658 I came to say the same thing. Also, try selling platinum as an investment piece (bullion, coins etc.) It's hard to sell at these prices compares to silver and gold, so good luck if it shoots up any higher!
I watched silver fox show. The biggest silver pro miner from Canada he said it costs $11/ oz to mine. Now that America is unloading its older weapons they will be buying silver in large amounts. Possibly the reason the price has been held down. JP Morgan Chase has alot of silver in vaults. Silver should be at $75/oz- 100 / oz... Gold 2700 both by years end of 2024
I wish you silver bugs would learn the truth about renewable energy. There's 1oz of silver in a 400w solar panel. It's very bullish for silver. But PV 'works'. A basic 4kw grid tied PV array (10 oz of silver) with a 5kwh battery, costs £5000 in the UK ($6,500). Electricity costs 28p per kwh. A 4kw array makes 4000kwh a year & with batteries an average UK home can use all of that in-house - so it makes £1,120 worth of electricity a year - which you save on electricity bills. That's a 22.5% ROI every year for the next 25 years... and even if it only lasts half that time, it's still an 11.25% ROI. But both PV & batteries are getting cheaper due to economies of scale in manufacturing. India - the most populated country on Earth - has launched a massive PV manufacturing initiative. Nuclear electricity costs 2x as much as solar... if it can get planning permission. And is much slower to build. BATTERIES are "baseload"!! Especially if there's batteries in every single home and building. Solar PV & batteries in EVERY house and every industrial estate, would be "Power to the People" because the energy corporations would have to 'compete' with home-generated electricity at 2p (3c) per kwh (which is what it actually costs). It also makes a country less reliant on foreign fossil fuels.
Having lived in an off-grid home in CO for 3 years, I can tell you that what you believe is not realistic. Batteries are NOT "baseload". At least by the traditional sense of the word. Now, I have both solar water & PV panels with a small Li'Ion batteries for a power failure, but mine is now a grid-tied solar system. Payback is about 2 years. Not bad.
i think the derivative's are backed by silver and they dont have the silver to make their loans good. silver ratio silver should be at least 800 an oz.
I seriously don't understand why JPMorgan and co go short on silver. With the holdings that they have wouldn't they want the price to go up. This really confuses me. Can anyone tell me what advantages they have to go short?
Probably more secret supply, after centuries of hoarding. And shorting is a way of earning intrest for the clients of JP Morgan. I t's basically writing an option, collecting the premium, against your secret physical position
I disagree with the thumbnail headerline, Platinum is less than half the price for the same weight as gold. The reason gold has outperformed platinum price wise, is gold can sit around until it gets revalued.
How about an episode on "They". Who are They and why are they that manipulate the price of silver and why do they do this and how do they get away with it.
Curious question... aski g someone who knows. Isnt there a "just as good" substitute for silver that can be used in weapons tgan silver??? I meN once its gone its gone
Good question, I don't think it's that easy to replace. Might be possible, but would probably be very expensive to switch everything over to using another material.
I'm hoping that "they", whomever "they" are, keep squashing the price of Silver for as long as they can! I'm loving the opportunity they are giving all of us for buying cheap Silver! Hooray for my side!!
Curious about suggesting to go to Treasury Direct for a purchase when there's so much talk about T paper flooding back to the US from foreigners who are selling.
He's talking short term paper, 3-9 months or so. It's just a way to park your cash and get 5% instead having it sit in a bank account and make next to nothing.
In Elons "masterplan pt 3" he identified silver as pretty much the only mineral that could prevent the planet going "sustainable" he did however point out that it could be substituted by copper.
Silver will be a better return on your investment. Imagine buying 84 oz Silver for same price as 1oz gold. When correction comes in play take 16 oz of (Biblical ratio) and trade for 1oz gold. Then do that 5 more times.🎉
The price is manipulated. Been listening to the arguments about why for years and what the real price should be while watching it trade sideways for the same amount of time. There's better uses of capital than speculating on when the jig will be up with this commodity. That said it could skyrocket and make up for lost time but so can anything else. You either know, like the long shot or have some other fascination with this metal to feel the need to park capital in it.
Silver is way more valuable than its price, however it will never reflect that as it's primarily an industrial metal and the Military Industrial Complex and large industry want the price low. The reality is that whatever regime is controlling will suppress the price. It will rise modestly over years. Stop giving gullible listeners false hope.
Silver is "poor man's gold". When all hell breaks loose, it will be more valuable. A friend of my uncles grew up in a wealthy Chinese family in Shanghai. They were able to get out, just as Mao's forces took Shanghai in 1949. In the months leading up to the, nobody wanted paper money, and that included all the countries with embassies there. He said that paper was worthless, but silver coins of all countries & all denominations were used freely for trade. Barter & silver was everything.
Please do better research. There's no excuse for misinformation! Check your facts (if facts they are) At one ounce of silver in a 400W solar panel -a 5 gigawatt solar array would contain 12,500,000 ounces of silver. Over the past three years, China has added nearly 440 GW of solar PV capacity, $33bn of silver. Manufacturers have significantly reduced the amount of silver per panel, achieving an approximate 80% reduction over the past decades. This reduction is largely due to technological improvements in the design and efficiency of solar cells, such as optimizing the metallization process to use finer silver lines or alternative materials where possible. Overall, while the industry is reducing the amount of silver used per panel, the booming growth in solar power installations maintains strong demand for silver. This dynamic underscores the industry's focus on balancing material efficiency with expanding capacity.
Bix Weirs research shows this is not accurate and the amount of silver being used in the most popular model is going UP not down along with the amount being put up larger as well. I’d recommend checking it out.
It is very unlikely that Silver will jump significantly in price. Why? Because, unlike Gold, Silver has a significant demand for use in manufactured products. While Silver is needed to satisfy industrial demands we won't see it go up like Gold.
Definitely some interesting thoughts, I think it's industrial use could ultimately be one of the drivers that sends it higher when supply-demand is truly appreciated.
Acutely paid $50 an ounce as a young jeweler student in1980, seems a real great deal now 45 years later at $29. Still have some of the expensive sheet silver! inflation be dammed⚡
Silver can stay undervalued for longer than the span of our lifetimes. Ever notice how all the people shouting the loudest about how high silver is going, are the ones selling it?
That is true, but every asset class when it is cheap is promoted by the people selling it. Who promotes an asset when it is out of the reach of the average person?
True, you are literally fighting an Organization ( E.S.F. ) that has Trillions of U.S.D. 'S to short you in the Futures Market and they do , go look at he Gold / Silver price for the last two Day's , when they go short it's all over and then the media rolls out the fake narratives to run cover , for those that don't know any better !
1) Gold, silver, platinum, palladium dont pay me dividends. 2) 3,500 tonnes of gold, and 35k tonnes silver are mined every year. 3) US being irresponsible and wars and uncertainty are admittedly strong factors to invest. 4) But the best time to invest in gold, is always yesterday. Bevause you can never know when itll dip a fair bit. Long-run, it does seem "relatively" safe.
Unfortunately, I’ve been listening to this since 2010. I rmbr the fake-out to $49. I rmbr being told , “to the moon, baby!” And of course, there was Turd Ferguson. And here we sit. Same ol’ same ol’.
Silver in medical dressings / bandages help fight antimicrobial resistance. It’s antibiotic. We use a lot in medicine and it’s not recyclable. Yeah…I’m constantly buying silver. 🤷🏻♂️
Definitely a good point, silver has so many uses.
Silver sulfadiazine (sp?) is the best boo boo cream ever. And colloidal silver us amazing too. 100% not recyclable.
In ancient Rome, wounds were treated with honey and tiny silver coins in/on the wounds. They are both very anti-microbial.
Just gotta pour your urine on wounds to immediately disinfect and perfectly heal wounds
@@deannawarrior4yah771nope. The best boo boo substance is pouring your urine on wounds. Disinfects immediately and heals the wound perfectly.
Silver can remain undervalued longer than I can remain solvent. The long awaited and much hyped turnaround in price would be welcome.
About $14 in '18 to double that now. Not so bad.
30 60 100 fold@@ronfox5519
$50 in january 1980
To the moon, TO THE MOON I SAY!!!!😂😂😂😂😂
Every oz of silver in the ETFs is over sold by over 400:1. If ETFs called for delivery, only one person out of 400 would get physical delivery.
That's scary bro
I used to work in Electronics. Many years ago we used gold. I used to calculate how many sq meters of gold we used every year. We slowly moved to silver in many cases. But gold gives better conductivity. So silver and gold are almost essential in that industry. Especially as we move to lower voltage applications, where we cannot afford a few millivolt drop.
silver has a higher electrical conductivity than gold
@@lepton31415 Thanks very true, even copper has less resistance than gold.....i believe he meant malleability for best contact connection...gold is softer, less suspectable to oxidation so it appears the resistance is less...but when silver is fresh and clean, no tarnish, it does beat gold.
Silver has better conductivity but the reason gold is used at connection points is the superior resistance to corrosion and oxidation
@@od40k77 silver loses an insignificant amount of electrical and thermal conductivity after oxidation or sulfidatition which is why it's used in switches.
Silver has higher conductivity. Check your facts, if you’re who you say you are
Glad to find a channel on commodities as about 40% of my investments are in commodity stocks and physical precious metals. Andy is a great guest and I am in full agreement on the manipulation of the silver market by the big banks and to extent the gold market also.
Glad you are finding value in the channel. I'm around 90% investing in commodities myself.
I have purchased from Miles Franklin and I cannot ever make a complaint about them. They are a top tier among their competitors
Some great comments given here👍🏻 silver is along time coming for stackers. I use it as a saving mechanism along with gold. Not looking for price appreciation to fiat. Just balanced hedge outside of the banking system. For me I trust in hand and physical vs. Gov. Controlled, government manipulated and government abuse of circulated fiat.
With that silver does provide some compelling facts that give some credibility that silver has the potential to surprise everyone on the upside. Cheers
For the first 13 minutes Andy never even took a breath! 👏 😂 I ❤️ this guy!
He is a very passionate guy for sure.
@@CommodityCulture that's what I love about folks like Andy & Gerald, they are emotionally involved because they care & they are intelligent enough to articulate the message in ways that draw you in as a listener.
@christopherallendunk he's a good salesman of his over priced gold and silver.
@@thomasjensen6243 yeah, I don't know why some retailers have much higher premiums than others. Andy has a way of conveying his message that resonates with me, but it's probably not going to convince me to overspend for an identical coin that I can purchase cheaper somewhere else. His business model focuses on the relationship and I like that, but we can still be friends just lower the price!
@@thomasjensen6243Why do you think it's overpriced?
During WW2 the Army asked the US Treasury for 15,000 tonnes of silver. The silver was supplied to the Army and taken to a factory in New Jersey and formed into coils of wire. The wire was trained to Wisconsin and fashioned into electro-magnets which in turn went to Oak Ridge Tennessee to be used to seperate different types of Uranium for bomb manufacture. After the war and up until 1970 all the silver was returned to the US Treasury barring about four hundredth of one percent which couldn't be accounted for.
That's amazing technology & to think that was 80 years ago! Can you imagine what the pentagon has concocted by now by way of boston dynamics?
500 MILLION OZT
Very interesting, thanks for sharing.
Andy is on fire.
Great guest. 💜
Thanks for watching!
Silver is the longest game i've ever played lol. I was in at $12 all the way to $28. Haven't bought an ounce since $28. Im well over doubling and close to tripling. But still we're taking a decade fellas. I'm waiting for triple digits and I know i've got some more time before that happens. I don't need the money and can sit in it until it does what it always does, but man what a patients test. I seen the math on why silver can hit $300 to just below $1000. It's just a once in a lifetime thing and us older silver guys know this. I would never pump silver because it's suck a long game The fact is you have to buy at the bottom and hold to the absolute very top in order to see those 30x to 50x gains. I'm not living in a fairy tail I'm just using data and historical facts to see if I can hit the jackpot. We all no it can't ever go to zero but what happened to oil this decade? It went negative $30 remember. I hit that mark too.
I could have written this , i have almost the same story .
I was shocked how cheap Silver was in 2015 and went in hard all the way up to $20/oz.
I sleep well at night though , i bet you do too.
been in since $4
@john-yn5nz yes sir 🙌
Yes same story here , lost my ass in oil learned my lesson . Have been stacking silver , but only savings money I do not need! Would love to leave my kids generational wealth!!
@@john-yn5nz Dude !
During WW2 a huge amount of silver was lent to the Manhattan Project to build the calutrons used in isotope enrichment of uranium. If you go on a tour of Oak Ridge national lab they talk about it. This huge amount of silver was eventually returned to the national silver stockpile which has since been sold.
That's interesting, thanks for sharing.
the headline is correct. Nothing compares to silver.
wrong. Platinum is cheaper than silver now. Cheaepest its ever been in real terms. The modern economy is going to need LOTS more Pt. And 70% of supply is in ONE country...
@@perseusrex614 - South Africa
I own more than 50 oz in jewerly silver 925 i mean (92,5% silver and 7,5% copper) it is a good way or should i purify it?
Hey there! Subbed and watching now. Thanks for all the great insights!
Welcome aboard and glad you're getting value from the content!
Bretton Woods III...all about who holds the commodities. Nice!
fantastic interview. Love Andy Schectman. What a class act. God bless him.
Glad you enjoyed the discussion and thanks for watching!
Andy, you are an admirable man. Thank you for your wisdom and tenacity.
AWESOME INTERVIEW.
💜💙💚
Very knowledgeable and insightful video. I agree with everything he said
Wonderful interview.
Thanks and glad you got value from the conversation!
Hello from Australia/downunder
Love the comments of silver and the opportunity 17:57
Tell it like it is Andy!!!
(WTI), the U.S. benchmark crude, went negative on April 20th, 2020. The May futures contract price fell
$55.90 during the day, to close at negative $37.62 per barrel. This was the most undervalued asset in US history.
The price of silver will rise
I have been following markets and investing since the 1980's.
I did some more research on the current ratio of how much silver there is compared to how much there is gold.
There is just 19 times more silver than gold in the inventory numbers.
That is a 19:1 ratio for silver to gold.
Gold is $2,600 an oz.
Silver is $31.00 oz.
That is about a 84:1 ratio in the price range.
With the current 19:1 with the inventory of silver and gold, that makes it $136 an oz for the white metal.
Not $31 an oz.
It is ridiculously undervalued.
Also Appears that investors today, especially the younger ones believe that silver is an industrial metal, not an investment and hedge against inflation.
It's far too expensive for common industrial use, in what base metals aluminum, steel, nickel and such is used.
And historically silver has outperformed gold when there are periods of prices surges.
Again silver currently to it's inventory ratio to gold 19:1, the white metal is to be around $136.00 an oz.
Therefore is a great opportunity to buy silver at these current prices and as investor, I would put more money into silver.
Or with the current price ratio 84:1, I would trade some of that gold into silver knowing that it'll break out of this stagnation and skyrocket in price.
Also I believe there is manipulation happening with silver futures.
It happened in the mid-2010's when there was suspicous selling happening in the silver futures outside of trading hours.
That manipulation also happened with gold and copper futures.
When will the banks lose control? I suppose that's the big question.
Ah. ha.. It's the deliveries that will break the hold!?
They can break the hold with aggressive buying. The buying is not aggressive. That is a fact
They already have. Neither one of the banks I use can no longer charge 35.00 for overdraft. It is zero. Both banks websites changed overnight to the same font and layout. One a local and one a major regional bank. They have been dissolved and are under military control.
Like 500 banks have gone down THIS yr@@SniperISO20022
I've been hearing that silver is undervalued for well over a decade.
And?
Did you buy some ?
It has been. If you do some research on mining, you will find out how much labor it takes to refine silver, and how rare silver really is. Because you can find gold in sand from Home Depot, it's in Lake superior sand. They are finding it in Wisconsin now. You can find gold on the ground, but when you watch people pan for gold, they should be finding 10 nuggets of silver for every nugget gold, but they're not finding any silver at all
Exactly. I started buying in 2011 and it's generally fucked me over compared to what I could have done with crypto. It's beyond annoying.
@@kt9l A frustrating investment for sure.
Yes the price is suppressed to benefit industry that banks own and are invested in.
keep stacking..........hang on to your silver until the price is right.........thanks for your effort..........
What about Palladium??
Thanks brother, excellent as always Andy 👌 👍
Heard this SAME thing for two decades....how does the silver appreciation compare to major tech stocks? Bitcoin / ETH, SOL?
It is go to take several YEARS which could be 10 to 15 more years before anyone see's Huge Prices in both GOLD and SILVER. It will come but it is going to take a long time . Thanks
The fundamentals for silver are absolutely bullish but currently the technicals for silver according to the charts are bearish.
Another great video Andy.
Thanks Jessie and Andy shackman great content once again God bless you both
Thank you for watching.
This man just made me buy my first 10 ounces
Excellent! Keep stacking!
Start with small sized (1oz) silver. Once you are comfortable with that stack size, try some 5oz bars... etc
Until we figure out how to remove the paper trading - 402ish paper to 1 physical ratio - nothing will change.
For volatility, yes! Silver is king!
It’s actually Platinum but ok lol. Silver is definitely undervalued, but take a look at the ratios, it’s Platinum.
In terms of the ratios, you're correct.
Yeah but platinum isn't a monetary metal... only gold and silver can be used as money according to the U.S. Constitution.
@joshl5658 I came to say the same thing. Also, try selling platinum as an investment piece (bullion, coins etc.) It's hard to sell at these prices compares to silver and gold, so good luck if it shoots up any higher!
Great teaching guys. Thankyou
what's your minimum purchase price?
What should the premium be per ounce?
I watched silver fox show. The biggest silver pro miner from Canada he said it costs $11/ oz to mine. Now that America is unloading its older weapons they will be buying silver in large amounts. Possibly the reason the price has been held down. JP Morgan Chase has alot of silver in vaults. Silver should be at $75/oz- 100 / oz... Gold 2700 both by years end of 2024
$3,000 by EOY
I wish you silver bugs would learn the truth about renewable energy.
There's 1oz of silver in a 400w solar panel. It's very bullish for silver.
But PV 'works'. A basic 4kw grid tied PV array (10 oz of silver) with a 5kwh battery, costs £5000 in the UK ($6,500). Electricity costs 28p per kwh. A 4kw array makes 4000kwh a year & with batteries an average UK home can use all of that in-house - so it makes £1,120 worth of electricity a year - which you save on electricity bills.
That's a 22.5% ROI every year for the next 25 years... and even if it only lasts half that time, it's still an 11.25% ROI.
But both PV & batteries are getting cheaper due to economies of scale in manufacturing.
India - the most populated country on Earth - has launched a massive PV manufacturing initiative.
Nuclear electricity costs 2x as much as solar... if it can get planning permission. And is much slower to build. BATTERIES are "baseload"!! Especially if there's batteries in every single home and building.
Solar PV & batteries in EVERY house and every industrial estate, would be "Power to the People" because the energy corporations would have to 'compete' with home-generated electricity at 2p (3c) per kwh (which is what it actually costs).
It also makes a country less reliant on foreign fossil fuels.
Having lived in an off-grid home in CO for 3 years, I can tell you that what you believe is not realistic.
Batteries are NOT "baseload". At least by the traditional sense of the word. Now, I have both solar water & PV panels with a small Li'Ion batteries for a power failure, but mine is now a grid-tied solar system. Payback is about 2 years. Not bad.
Great interview 👍🏼
Thanks!
I buy silver for financial insurance. After holding for 14 years now I feel like i’ll never cash in my policy.
i think the derivative's are backed by silver and they dont have the silver to make their loans good.
silver ratio silver should be at least 800 an oz.
If ur watching debt clock it says should be $484 (and goes up about $10 per week).
Silver is used in so many things that are needed the price will remain suppressed until a major catastrophe.
Elon Musk: a 10x 10;square mile area (rooftops?) is enough to power the entire US...
Great interview, thank you guys!
Our pleasure!
I seriously don't understand why JPMorgan and co go short on silver. With the holdings that they have wouldn't they want the price to go up.
This really confuses me.
Can anyone tell me what advantages they have to go short?
Probably more secret supply, after centuries of hoarding.
And shorting is a way of earning intrest for the clients of JP Morgan. I t's basically writing an option, collecting the premium, against your secret physical position
Andy Rocks!
"Silver is the value of a generation"...it better hurry up because I'm about to die.
Not your generation 😂
@@joshl5658 not yours either.
You will have a very long life 😊
@@Marj_Lp888 long??? What does that even mean?
I disagree with the thumbnail headerline, Platinum is less than half the price for the same weight as gold.
The reason gold has outperformed platinum price wise, is gold can sit around until it gets revalued.
Platinum is too expensive to have industrial uses.
How about an episode on "They". Who are They and why are they that manipulate the price of silver and why do they do this and how do they get away with it.
I did an episode on that with Mario Innecco, I think you'll find it useful: th-cam.com/video/gketX5HB_fo/w-d-xo.html
Surely the BRICS nations can buy 1 billion oz of silver and take delivery. That should disrupt the COMEX and sort the MIC out
Silver in military applications. I hadn't thought about before watching this video.
I want to know what's under glass in that framed articles behind andy.
The fact they manipulate gold and silver should tell you all you need to know. Let them play while it lasts.
When the criminal price riggers run out of physical silver nobody will know what the actual price is! 🚀
The people that use silver both for tactical & industrial use will determine that.
Did you know that silver is the conductor for defrosters in the backlite (rear window) in cars?
I did not, but it's used in so many things so that doesn't surprise me.
Our grounding sheets are amazing.
You said the same think i said years ago. They want it cheap ,cheap.
On the us debt clock there is 18.8 billion in silver reserves can anyone explain
It's accounting for known underground reserves. It's more of an estimate.
I agree with you but y ou can also grow your own silver!
You just got me buying 100 once more😂
Curious question... aski g someone who knows.
Isnt there a "just as good" substitute for silver that can be used in weapons tgan silver??? I meN once its gone its gone
Good question, I don't think it's that easy to replace. Might be possible, but would probably be very expensive to switch everything over to using another material.
@@CommodityCulture thank you
Curious question, why does he never directly reference the source for "500 oz/missile"? If it's been declassified as he said, reference the document.
I'm hoping that "they", whomever "they" are, keep squashing the price of Silver for as long as they can! I'm loving the opportunity they are giving all of us for buying cheap Silver! Hooray for my side!!
Curious about suggesting to go to Treasury Direct for a purchase when there's so much talk about T paper flooding back to the US from foreigners who are selling.
He's talking short term paper, 3-9 months or so. It's just a way to park your cash and get 5% instead having it sit in a bank account and make next to nothing.
Would have more confidence if the message changed just recently
Better to swing trade silver than stack it.
Sure, if that works for you. Everyone has their own goals.
In Elons "masterplan pt 3" he identified silver as pretty much the only mineral that could prevent the planet going "sustainable" he did however point out that it could be substituted by copper.
Great episode
He make me think silver is almost more valuable than gold. Very close in value atleast
Silver will be a better return on your investment. Imagine buying 84 oz Silver for same price as 1oz gold. When correction comes in play take 16 oz of (Biblical ratio) and trade for 1oz gold. Then do that 5 more times.🎉
Technically it is more valuable, it’s needed everywhere. Gold just sits on a shelf & looks purdy.
Where are they getting all this silver????
because world wide fiat currencies are collapsing with the dollar.
The price is manipulated. Been listening to the arguments about why for years and what the real price should be while watching it trade sideways for the same amount of time. There's better uses of capital than speculating on when the jig will be up with this commodity. That said it could skyrocket and make up for lost time but so can anything else. You either know, like the long shot or have some other fascination with this metal to feel the need to park capital in it.
Silver is the life blood of war, there's to much war chasing to little Silver.
Y the f don't longs take delivery. Shorts can't deliver. WTF.
Chong Hai? I know I'm spelling it wrong. Anyone know the correct spelling?
The silver chart is finally starting to look pretty good..... for the first time in years.
Excellent. Thanks
Silver is way more valuable than its price, however it will never reflect that as it's primarily an industrial metal and the Military Industrial Complex and large industry want the price low. The reality is that whatever regime is controlling will suppress the price. It will rise modestly over years.
Stop giving gullible listeners false hope.
Silver is "poor man's gold". When all hell breaks loose, it will be more valuable.
A friend of my uncles grew up in a wealthy Chinese family in Shanghai. They were able to get out, just as Mao's forces took Shanghai in 1949.
In the months leading up to the, nobody wanted paper money, and that included all the countries with embassies there. He said that paper was worthless, but silver coins of all countries & all denominations were used freely for trade. Barter & silver was everything.
But all hell isn't going to break loose anytime soon if ever.
UTILITY DIGITAL ASSETS ( XRP,XLM,XDC,
SHX,DAG,CSPR,
DENT,VELO) are the MOST undervalued assets by FAR !$
Why is the US government allowing foreign gov to take delivery of silver. Especially since we need it for our own military.
Because they're both stupid and greedy.
Yeah Jesse I appreciate your show your professionalism and your guesses keep up the awesome work I've learned a lot from your show.
Thank you for watching and glad you are finding value in the content.
Please do better research. There's no excuse for misinformation! Check your facts (if facts they are)
At one ounce of silver in a 400W solar panel -a 5 gigawatt solar array would contain 12,500,000 ounces of silver.
Over the past three years, China has added nearly 440 GW of solar PV capacity, $33bn of silver.
Manufacturers have significantly reduced the amount of silver per panel, achieving an approximate 80% reduction over the past decades.
This reduction is largely due to technological improvements in the design and efficiency of solar cells, such as optimizing the metallization process to use finer silver lines or alternative materials where possible.
Overall, while the industry is reducing the amount of silver used per panel, the booming growth in solar power installations maintains strong demand for silver. This dynamic underscores the industry's focus on balancing material efficiency with expanding capacity.
Bix Weirs research shows this is not accurate and the amount of silver being used in the most popular model is going UP not down along with the amount being put up larger as well. I’d recommend checking it out.
Here we are with gold at over $2600 and nothing.
I keep eating silver but I never shat gold. I am disappoint.
It is very unlikely that Silver will jump significantly in price. Why? Because, unlike Gold, Silver has a significant demand for use in manufactured products. While Silver is needed to satisfy industrial demands we won't see it go up like Gold.
Definitely some interesting thoughts, I think it's industrial use could ultimately be one of the drivers that sends it higher when supply-demand is truly appreciated.
DOUBLE THUMS UP..
Shanghai is 11% over US spot. Means China is taking delivery.
Thank you all the all greedy Folks for the great deal on large hunks of silver!
Acutely paid $50 an ounce as a young jeweler student in1980, seems a real great deal now 45 years later at $29. Still have some of the expensive sheet silver! inflation be dammed⚡
Silver can stay undervalued for longer than the span of our lifetimes. Ever notice how all the people shouting the loudest about how high silver is going, are the ones selling it?
That is true, but every asset class when it is cheap is promoted by the people selling it. Who promotes an asset when it is out of the reach of the average person?
@@seeker2118 Silver hawkers promote silver 24/7 for the last 20 years endlessly without even taking a breath.
True, you are literally fighting an Organization ( E.S.F. ) that has Trillions of U.S.D. 'S to short you in the Futures Market and they do , go look at he Gold / Silver price for the last two Day's , when they go short it's all over and then the media rolls out the fake narratives to run cover , for those that don't know any better !
Silver is not an investment, it's an insurance policy.
@@jdp0359 Against what?
Loading up???
50 pounds of silver in a number of U.S. made cruise missles is 73 troy oz.s silver !!!.....losing 73 oz. silver per shot.
I can see $6000 for gold and at least $100 for silver within the next 2-3 years. Maybe sooner.
silver peddler says silver is good buy. imagine my shock
1) Gold, silver, platinum, palladium dont pay me dividends.
2) 3,500 tonnes of gold, and 35k tonnes silver are mined every year.
3) US being irresponsible and wars and uncertainty are admittedly strong factors to invest.
4) But the best time to invest in gold, is always yesterday. Bevause you can never know when itll dip a fair bit. Long-run, it does seem "relatively" safe.
Unfortunately, I’ve been listening to this since 2010. I rmbr the fake-out to $49. I rmbr being told , “to the moon, baby!” And of course, there was Turd Ferguson. And here we sit.
Same ol’ same ol’.
Indeed, me too since 2010🥲
And yet here you are
@@conspiracystacker👍. Here he sits.
turd Ferguson was silver related? I remember that as an SNL skit
Wait he owns a gold and silver dealer? Hmmm