Never buy gold/silver because, "it's the deal of a lifetime". I've heard this pitch for years. For the average person, invest a small portion of your saving in gold and silver, put it away and forget it. Don't get caught up in the churn.
Shekel Schectman at it again....don't forget to load up on a few ounces on your way out guys.... lowest premiums in the industry 😂 guys a broken clock ⏰ AF 🤡
I love you guys but everybody is on each everybody else's show. And you always say the same things. A. "Chicken Little, the sky is falling" B. "But this is not Financial advice." C. "Be sure to subscribe, like, share, leave a comment." Applies to all of you. Andy, you, Mario, Rafi, Lynette, Dunnigan, Holter. Let's admit everybody's giving each other a circle jerk. 1. Fiat is bullshit; 2. Paper Ag/Au manipulated; 3. Purchase when low; 4. Use a reputable dealer; 5. Each type, size has advantages 6. Hold; 7. Trade at the right ratio; 8. Make part of holistic prepping 8. Trade for durables; 10. Sell if you are broke. Bonus: 11. Stay out of debt.
Andy Schectman......basically a genius. Multi level knowledge of so many variables that are important as well as critical to know in investing as well as maintaining wealth.
Mate, your smoking crack. Only thing that changes is another MASSIVE shorting opportunity. Don't fall for this hogwash. These guys are pump and dump MASTERS of the Universe
Bankers and other big players suppress SLV so they can buy it cheap. Point is they are buying tons. When they deplete supply, Then they will want to be paid and and they let It rip. And if you own it, you get a pay day too.
Hey, did you hear about Noah 😂. He's been building a boat in the middle of nowhere for 50 years, saying it's gonna rain. It hasn't rained one drop😂😂😂😂. He's still building it.😂😂😂😂
By the way in islam we pay Zakat in Gold and silver . If you exceed or have 85 grams of gold or 595grams of silver you pay about 2.5% of your wealth to the poor and needy it could be a called tax as well. If you divide 595 by 85 you exactly get 7 as a ratio. 😊
When the premium price is too high on both gold and silver, it's just not worth buying. 10 dollar premium on silver is too much. Same for a 70 dollar premium on gold.
Final warning last warning explosive ganes. I love silver and stacking & precious metals. However all of you metals people cry wolf more than anyone I've ever heard everything is world-changing event in your eyes. You all tell stories that never happened. At the end of the day you probably drive more interested parties away from the stacking hobby then you attract to it with all the crazy wolf stories you cry on a year after year after year basis like a broken freaking record. 💯🤬
I ask this all the time and never get a real answer. If I'm a miner, and the price of silver is less than it costs me to mine and sell it.. how on earth can the miner sell it? Doesn't make any sense. Obviously the cost to mine it is LESS than the 'manipulated' price.
Why buy silver? If he banks that are being paid to short silver continue to do so going forward, won't the price of silver continue to be depressed into the future? In my opinion, unless the massive shorting activity of the banks is stopped, silver as an investment is a non-issue.
Okay... I have a "treasure box" filled with 358 ounces of silver, plus a few gold coins. I'm not in any way expecting this to skyrocket in value. I don't even think of it as an investment, more like an old fashioned way of keeping a little money in reserve.
CMP Group-probably the most deep data knowledgeable silver analysts in the world with over a hundred years of agrigate experience, stated the above ground silver is so abundant that he could sell 100M oz to his clients and it would not move the price needle. The Scheckster might not be a scheister... but he is a dedicated pumper.
@toddhall6933 100% He is selling fear, I get it. Having insurance is smart, but his constant sky is falling narrative is getting tiresome. If you have a roll of silver maples and a gold eagle, you are way ahead of the curve. 2 realities: 1) Silver and gold will have their day. History shows they eventually always do. 2) a man can only do so much to prepare for catastrophe.
Buying physical silver is only good when premiums are very low. Buying now with high premiums means spot would need to move 50% higher from here to break even. Why? Becuz when you sell back to the dealer, the price they give you is closer to the spot price. Terrible investment. Short term treasuries a better investment right now. Too much chatter about buying silver, no chatter about the reality of selling silver after youve bought it.
No Brainerd sliver will be king, Remember, if you don't physically hold it, you don't own it. Sliver price will shoot to the moon and beyond Will become extinct when the smoke clears, Hi Ho Sliver and away
Love silver and been accumulating but think real reason being kept down is because of how many applications its used for, the big guys like pharma / energy companies keep it low really if silver jumped so would everything its used in
Why blame the Creator's precious metal for the ignorance of the People? Blame Banksters for creating and encouraging financial ignorance and learn to avoid it's toxic consequences.
If Andy thinks it's far from Southern FLA to Vancouver, clearly he's never travelled there from Serbia. The truth is, in 33 years in this business, never has Andy seen anything like this before ! ! !
Francis Hunt has done his technical analysis and says silver is going to drop below $19. Best time to buy will be around March of 2024. Relax and keep your powder dry folks. The only thing silver dealers can do is the obligatory "Silver is running out" FOMO thing..... Don't listen !!!
This makes sense but I don't know if it will ever happen. The problem is you buy expensive always at least 4x the weight value and sell cheap . What do you get 1/2 the price back ? LOL. You only break even or get more by selling it yourself online somewhere
@@bar8665 the platinum thesis doesn't need fuel cells to do well. The tailwinds of dwindling supply and ICE automakers switching from palladium to platinum is enough. Hydrogen story is just icing on the cake.
Seems like wishful thinking. I agree with him and thing it should be much higher. I have been waiting 20 years for it to go up. I stopped a year ago buying and focused on gold. I kinda of gave up on silver to be honest
I hope all the ppl that took the time to comment that this is more of the same, why stick around? It’s true it’s more of the same ol same ol, but I’d rather be safe than sorry decades early than a second late. Thanks Andy for continuing to talk ur book.
@@CommodityCulture Learn to seek feedback my friend. You are not perfect and you are not in the top 10 channels. Silver was 20 dollars in 1916 and 18 in 2022. Look it up. THanks
Currently, precious metals dealers are working with lots of TH-camrs to pump sales ... it shocked me to the core that even MMA (MIx Martial Arts) channels are promoting precious metals! And .. smart money are using analytics to track the sheeps .. when all the sheeps get in, closed the door .. it is slaughter time .. and the recession bell ring .. all stocks, commodities and etc drop to rock bottom .. n smart money comes in to buy up everything.. the rich get richer and the poor get poorer .. n history repeats .. this is the true wealth transfer algorithm tried and proven working all the time! 🙏🙏🙏🙏
I like silver but have heard all this before for years. I'm just waiting it out. Eventually we will hit ATHs and no one will see it coming (though all these gurus will claim they did).
@jukebox6841 hahaha..... I hate most of the people you mentioned, too. Maloney cost me A LOT of profits cuz I was an idiot and listened to him. I pulled out my wife's investments LITERALLY 2 weeks before everything crashed in 2020. I was so proud of myself BUT then I listened to that asshole and was so scared I never jumped back in missing MASSIVE profits. I will never forgive him or most of the people you listed that say the same thing for 10 years. Slimebags.
Who pushes silver is irrelevant....only thing that matters is if the information being espoused is true..as things deteriorate over time there will be a revert to mean in silver.....people will push money into acquiring $25 silver vs $2000 gold as a lack of funds and plummeted trust in the system
If you watch prospecting videos, they find gold in their pan, even platinum in the United States, but never silver. If it was abundant on the surface, they should find 10 nuggets of silver for every one nugget of gold. They find gold in the sand from Home Depot, they are finding it in Wisconsin, they are finding it in the sand at Lake superior, up in Alaska they find gold, but they never find silver. I'm looking for them to find some silver somewhere but I never see anybody find silver.
He basically listed all the reasons why the Silver price would not be allowed to go up. They would bring it down and replenish all the weapons sent out
A fascinating discussion. Lot's of important points to consider. Not quite sure whether to consider this as good information, or hype/sales talk, or perhaps a lot of both? Andy is obviously very knowledgeable and well researched (and he is gifted with a "silver tongue, no pun intended). What he saying appears to make a lot of sense and certainly warrants my further investigation. Regardless ... I appreciate this conversation. Thanks!
You will be better off trading Baseball Cards. When SHTF happens, you can’t wipe your butt with a silver eagle. You people don’t know what the currency will be. Let see you take fiat money to buy an eagle over spot and I can’t buy cold cuts with it. Constitutional silver yes that is more realistic.gold is the store of value not silver. You silver people say it’s going to $500,$600 an ounz you all don’t know. Sell your silver and buy 90 days of food for your family having it sit in a safe you aren’t making any money, if it’s in a safe deposit box you are losing money. Altria is paying an almost 10% dividend what does silver pay each month?
Money making is a game and we don't make the rules...the money makers do. Nothing wrong with owning solid money...but don't expect fiat currency failure to be your lottery ticket. You will go down too. Bank failures are your problem, not theirs. You are a peasant, just as "citizens" always are.
Jeffrey Cristian says the opposite, that there's literally 10 billion ounces of Silver, with new depos for storage being built for the Comex , LBMA, ready to be dumped on the market at a days notice. ?
silver isnt valued at the 16 to 1 to gold because no one uses silver in the currency anymore. Imagine if quarters dimes and nickels went back to using silver. The shortage would be insane... Why doesnt anyone do that? Because no one has enough to do that..... yet. Watch China and Russia if they come out with a gold/silver infused currency it's over. Silver will skyrocket.
We can eat silver but it turns people blue. No changing back either. Look up "colloidal silver blue people" The picts were a tribe that had blue people from tin and silver mines.
You people always throw arond this insane number of silver that go into ev cars. The silver Institute clearly states that pure ev models contain between 25 to 50 grams per car while hybrids are between 18 to 36 grams. This is from the silver Institute directly. Please direct me to better information if im wrong.
Government can simply legislate owning it illegal and confiscate from public. Then up the price after confiscation . Did it to gold in 1933 . Keeping the price low is just a function of creating more on paper and selling non existing product.
Social security , Medicare, disability insurance shouldn't be having a problem. People pay into these weekly. The gov. keeps taping the barrel is the only reason the money isn't there.
Silver is NOT going up until JAIME DIAMOND says its will. Remember he already has a new RIG job planned for September 25 when this company gets out of suspension from the government..
With so much military use wouldn't it be plausible for gov. to use that catalyst in building the economy's wealth backed by folks holding, and priced accordingly to demand? Military supply, wealth spread, industrial utilization, it seems the political leadership hates its people or at the very least wants to keep it poor for power and control. I mean they control price so why holding it back? Selling to China at these prices for their economy's growth, suppliers to Ukrainians, 1% inside trading off wallstreet for easy added accumulation but all avenues close for the people, Xrp/ripple being the latest example. Traitorous seems to be the proper wording yet most Americans vision blurred with outdated patriotism indoctrinated with media keeping the lid on Truth and Righteousness. Religion backing, supporting and worshipping evilness disguised as a future event fix one day to come, so on and on we go. Can't even wash the criminals mouth out with soap for the lies they tell, but don't worry when that day occurs all hell will break loose. What an great example of a false prophet leading for an antichrist wallstreet beast system headed by some evil satanic entity. And to top it off carpenter's building gallows is so old fasion and there's a shortage on rope. Coming soon to a theater near you "The Man who thought he was so rich begs for just one drop of water"
If the Powers that be Keep Holding Silver Price Down, as they do, then All matters is WHEN will they STOP Manipulating the Price?.. Not what other conditions prevail .. u could Die or go Broke waiting ...Fact ...
Thx for this video. You asked some very good questions imo and Andy seems quite sharp and informed. I agree somebody is manipulating the futures market and Andy said a few big banks have huge short positions on COMEX. Where is the data to verify that? Where is it public knowledge? Also, you asked a key question re: premiums, which I too am concerned. I don't own a coin shop or live on Delray beach but I think some alternative suggestions for participating in the value of a generation would be a good topic of discussion. Today, while informative, comes with a definite bias. How might a person not interested in stacking or holding silver participate? Thx so much for the video. I learned quite a lot!!!
Thanks for the comment and for watching the video. Although there are vehicles like the PSLV ETF to gain access to silver without holding it, I truly believe you do need to have some in your own possession.
I do both for a litany of reasons. I think in the most extreme/worst case scenario (i.e. USD currency crash), physical is certainly better to hold than having shares in a mine.. especially mines in foreign countries with high political/economic turmoil. There’s plenty of cases where politicians (particularly socialist/communist-led countries) nationalize & confiscate mines ultimately kicking companies out (or arrest them) & leave shareholders holding an empty wallet. China was notorious for this & now, you’re starting to see a lot of Latin countries do the same now. Chile is currently nationalizing their lithium mines (biggest lithium deposits in the world). Top 2 lithium producers currently operate mines in Chile. I’ve actually had this happen to me once too. It sucks. So, investing in a mining company requires one to be astute to the political environment in which said company operates their mine(s). It can be risky & unpredictable. Nonetheless, I think it’s smart to retain investments in both.
The problem I have with silver being used in EV and Solar panel applications is that silver is too expensive and will continue to get more expensive to be used as the primary element in those applications. I don't think manufacturers want to see half their cost going to just 1 metal so just like how companies are trying to steer clear from Cobalt in batteries I think silver will be the next to be replaced in green energy
The opposite is happening. The new solar panels are more efficient, they generate more power, because they use more silver than the previous generation.
@@henryvanderbeek2973 Engineers dont create natural materials. They use them. You are talking about alchemists. You know, like those guys that have been trying to make regular stuff turn into gold for 1000s of years. You go ahead and wait for that.
I'm not disagreeing that silver is more efficient but I'm saying I can't see it being sustainable in the long run as it gets more scarce. Air conditioning manufacturers are trying to replace copper with aluminium for years, they haven't succeeded as of yet as aluminium corrodes but they are trying Also every battery maker is developing replacements for cobalt as it's too unreliable being that 70% of it comes from The Congo
I cant believe the silver miners arent doing anything about the low price. All they have too do is shut down mines for a little bit and watch silver sky rocket.
Jesse: I've realized that Silver is the New (Next) Gold. Let me explain after putting a lot of thought into this. The drawback of silver is the number of ounces needed to store wealth. What happens when silver hits $100 an ounce? You can store four times the wealth for the same ounce. You have 1/4 the need for silver for wealth movement. This is going to happen. More and more people will store silver as wealth because he takes up less space and is easier to move. So there is this paradox that silver becomes more valuable as the price rises not based upon the price itself, but because of its value as wealth preservation. Gold will be too valuable and risky. But when silver hits $100 per ounce, you can store $5,000 by holding just 50 ounces. It's a kind of paradox. It's reinforcing. A higher silver price makes it more valuable because less is needed to store and move wealth, and that includes among nations. And that is exactly what is going to happen. The higher silver goes, the MORE in demand it will be as a precious metal. Silver is the New Gold.
I acted in Belgrade in the 1980s and it was mah-vel-ous. I'm thinking about doing what you did and getting out of here (The West). I might seek advice if/when the time comes. You're a great interviewer - relaxed, prepared. Thx
He MUST get bored saying the same blurb in every interview. And where is the $50 being discussed for yeeeaaars?
At least uranium is up....
Uranium has absolutely crushed silver gains. Its tripled and silver is still below its 1980 high? what a joke....
Never buy gold/silver because, "it's the deal of a lifetime". I've heard this pitch for years. For the average person, invest a small portion of your saving in gold and silver, put it away and forget it. Don't get caught up in the churn.
Silver pumpers gon pump. Especially when they trying to sell it to you. What do you expect him to say. Silver is a $#!T investment??
Shekel Schectman at it again....don't forget to load up on a few ounces on your way out guys.... lowest premiums in the industry 😂 guys a broken clock ⏰ AF 🤡
I have been buying since 2014 when it was $16 per oz. Sure beats ANY SAVINGS ACCOUNT!
Are u still stacking ?
I love you guys but everybody is on each everybody else's show. And you always say the same things.
A. "Chicken Little, the sky is falling"
B. "But this is not Financial advice."
C. "Be sure to subscribe, like, share, leave a comment."
Applies to all of you. Andy, you, Mario, Rafi, Lynette, Dunnigan, Holter. Let's admit everybody's giving each other a circle jerk.
1. Fiat is bullshit;
2. Paper Ag/Au manipulated;
3. Purchase when low;
4. Use a reputable dealer;
5. Each type, size has advantages
6. Hold;
7. Trade at the right ratio;
8. Make part of holistic prepping
8. Trade for durables;
10. Sell if you are broke.
Bonus:
11. Stay out of debt.
I mean, they're all right. It's just a matter of timing.
If they can find a metal cheaper and works better than silver in the next 10 years I’ll be amazed. The world needs silver like it needs oil.
Uranium
The worst-case scenario is Silver increases w the money supply, it is still better than a savings acc
Andy Schectman......basically a genius. Multi level knowledge of so many variables that are important as well as critical to know in investing as well as maintaining wealth.
Mate, your smoking crack. Only thing that changes is another MASSIVE shorting opportunity. Don't fall for this hogwash. These guys are pump and dump MASTERS of the Universe
Bankers and other big players suppress SLV so they can buy it cheap. Point is they are buying tons. When they deplete supply, Then they will want to be paid and and they let It rip. And if you own it, you get a pay day too.
I invested 30k in gold & silver 3 years ago & it did much better than if I left it in the stock market.
On which planet was that 🤔?
Awesome. Did you go with physical?
Better than a bank, GFY 👏
Been hearing this forever now 😂😄😄
Hey, did you hear about Noah 😂. He's been building a boat in the middle of nowhere for 50 years, saying it's gonna rain. It hasn't rained one drop😂😂😂😂. He's still building it.😂😂😂😂
By the way in islam we pay Zakat in Gold and silver . If you exceed or have 85 grams of gold or 595grams of silver you pay about 2.5% of your wealth to the poor and needy it could be a called tax as well. If you divide 595 by 85 you exactly get 7 as a ratio. 😊
Very interesting, thanks for sharing that.
No shortage, plenty of silver. Stop paying for over priced silver products. Listen to people not selling silver to get the real story.
So are you calling Andy a liar
@@benjaminmoore528 He's probably well intentioned.....He just doesn't have a full grasp of all the markets...
Each tomahawk uses 15 kg of silver, in case you don't know.
I think he's referring tovehstscon the ground not what physically exists.
Demand down, Premiums down.
Yes we’ve been hearing this for about a generation that silver is so undervalued and is going to skyrocket any day now.
It did in 2008 or 2009. I was dating a metals guy back then and my friends invested and did very well.
When the premium price is too high on both gold and silver, it's just not worth buying. 10 dollar premium on silver is too much. Same for a 70 dollar premium on gold.
That's the real price.
@@bar8665Until you ask anybody to buy it off you and they pay spot
Final warning last warning explosive ganes. I love silver and stacking & precious metals. However all of you metals people cry wolf more than anyone I've ever heard everything is world-changing event in your eyes. You all tell stories that never happened. At the end of the day you probably drive more interested parties away from the stacking hobby then you attract to it with all the crazy wolf stories you cry on a year after year after year basis like a broken freaking record. 💯🤬
As in the days of Noah most did not heed the warnings thinking themselves wise.
Heard this SO many times.. Since I started trading in 2016 🤷♂️
I'm 5 years dumber than you. Started in 11
Yep, it's called talking your book in trader speak. If some mainstream equity guy starts going bananas for silver, I will probably listen.
This ain’t a get rich quick, this is a longggg term investment strategy.
When has silver Not been money?
Jum jui is the way to go
If theres such a shortage why are the miners selling it so cheap?
Price Manipulation using future contracts
I ask this all the time and never get a real answer. If I'm a miner, and the price of silver is less than it costs me to mine and sell it.. how on earth can the miner sell it? Doesn't make any sense. Obviously the cost to mine it is LESS than the 'manipulated' price.
Great question
So you think mines' only source of income is the thing they primarily mine?
Why buy silver? If he banks that are being paid to short silver continue to do so going forward, won't the price of silver continue to be depressed into the future? In my opinion, unless the massive shorting activity of the banks is stopped, silver as an investment is a non-issue.
When the banks disappear, their shorts will also
I agree 100% with this break down on the way silver will perform!
Okay... I have a "treasure box" filled with 358 ounces of silver, plus a few gold coins. I'm not in any way expecting this to skyrocket in value. I don't even think of it as an investment, more like an old fashioned way of keeping a little money in reserve.
Repeating this story over and over won't make it come true
Do not metter. .Talking about his that keep it alive. As the bibil
CMP Group-probably the most deep data knowledgeable silver analysts in the world with over a hundred years of agrigate experience, stated the above ground silver is so abundant that he could sell 100M oz to his clients and it would not move the price needle.
The Scheckster might not be a scheister... but he is a dedicated pumper.
Yep, been hearing the same story since I started following silver 4 years ago.
@toddhall6933
100%
He is selling fear, I get it.
Having insurance is smart, but his constant sky is falling narrative is getting tiresome. If you have a roll of silver maples and a gold eagle, you are way ahead of the curve.
2 realities:
1) Silver and gold will have their day. History shows they eventually always do.
2) a man can only do so much to prepare for catastrophe.
When I look at the long-term silver price chart, I see highs and lows, i.e. cycles.
Does your comment imply that what goes down doesn’t go up?
Buying physical silver is only good when premiums are very low. Buying now with high premiums means spot would need to move 50% higher from here to break even. Why? Becuz when you sell back to the dealer, the price they give you is closer to the spot price. Terrible investment. Short term treasuries a better investment right now. Too much chatter about buying silver, no chatter about the reality of selling silver after youve bought it.
So let’s get this right, Schectman good, local coin shop bad. Two-faced used car salesman.
No Brainerd sliver will be king,
Remember, if you don't physically hold it, you don't own it.
Sliver price will shoot to the moon and beyond
Will become extinct when the smoke clears, Hi Ho Sliver and away
The only problem that I am seeing is that as people die off from the shots, there will be less demand on everything.
Just another nonsense story.
Love silver and been accumulating but think real reason being kept down is because of how many applications its used for, the big guys like pharma / energy companies keep it low really if silver jumped so would everything its used in
Very interesting point, thanks for watching.
Somebody should tell silver all this information it doesn't seem to know!
Why blame the Creator's precious metal for the ignorance of the People? Blame Banksters for creating and encouraging financial ignorance and learn to avoid it's toxic consequences.
Uranium profits will go into Silver and Copper.
underrated comment
Very wise decision 😃✊
How to buy at $30 and sell for $22 !!
What a rotten scam...manipulated by scumpuppies w/ lotsa' loot
Andy dsmmit get a haircut ..
Andy’s professional experience and integrity qualify him to share his honest opinions, however, there are none so blind as those who will not see.😎🖖
Agree with you there.
Hogwash, complete rubbish. Pump and dump specialist who will swap silver for fiat all day long
If Andy thinks it's far from Southern FLA to Vancouver, clearly he's never travelled there from Serbia.
The truth is, in 33 years in this business, never has Andy seen anything like this before ! ! !
Francis Hunt has done his technical analysis and says silver is going to drop below $19. Best time to buy will be around March of 2024. Relax and keep your powder dry folks. The only thing silver dealers can do is the obligatory "Silver is running out" FOMO thing..... Don't listen !!!
This makes sense but I don't know if it will ever happen. The problem is you buy expensive always at least 4x the weight value and sell cheap . What do you get 1/2 the price back ? LOL. You only break even or get more by selling it yourself online somewhere
Just not as undervalued as platinum
Curious to see how platinum plays out if fuel cells take off. EVS are having a rocky start.
@@bar8665 the platinum thesis doesn't need fuel cells to do well. The tailwinds of dwindling supply and ICE automakers switching from palladium to platinum is enough. Hydrogen story is just icing on the cake.
@@lancobear3544just wondering why it’s not going up for that reason.., I do see palladium taking a nose dive which makes sense.
@@George-nn8ui recession fears are a current headwind for platinum. Once that clears either way there's blue skies ahead
Presious metals always drop during recessions. Don't buy until the middle of the economic downturn.
Correct. Price is determined by paper metal not physical.
Bible ratio is 20 to 1
The main thing to consider is the gold to silver ratio which is nonsense., silver used to cost very close to gold.
Seems like wishful thinking. I agree with him and thing it should be much higher. I have been waiting 20 years for it to go up. I stopped a year ago buying and focused on gold. I kinda of gave up on silver to be honest
I hope all the ppl that took the time to comment that this is more of the same, why stick around? It’s true it’s more of the same ol same ol, but I’d rather be safe than sorry decades early than a second late. Thanks Andy for continuing to talk ur book.
Agreed and thanks for watching.
To grow subscribers please condense to 5 minutes !! Get to the point !!!
This channel isn't for you, please seek your information elsewhere.
@@CommodityCulture Learn to seek feedback my friend. You are not perfect and you are not in the top 10 channels. Silver was 20 dollars in 1916 and 18 in 2022. Look it up. THanks
It's a historical buying opportunity to get it while you can
Currently, precious metals dealers are working with lots of TH-camrs to pump sales ... it shocked me to the core that even MMA (MIx Martial Arts) channels are promoting precious metals! And .. smart money are using analytics to track the sheeps .. when all the sheeps get in, closed the door .. it is slaughter time .. and the recession bell ring .. all stocks, commodities and etc drop to rock bottom .. n smart money comes in to buy up everything.. the rich get richer and the poor get poorer .. n history repeats .. this is the true wealth transfer algorithm tried and proven working all the time! 🙏🙏🙏🙏
I feel like this describes the crypto market at the moment.
I like silver but have heard all this before for years. I'm just waiting it out. Eventually we will hit ATHs and no one will see it coming (though all these gurus will claim they did).
@jukebox6841 hahaha..... I hate most of the people you mentioned, too. Maloney cost me A LOT of profits cuz I was an idiot and listened to him. I pulled out my wife's investments LITERALLY 2 weeks before everything crashed in 2020. I was so proud of myself BUT then I listened to that asshole and was so scared I never jumped back in missing MASSIVE profits. I will never forgive him or most of the people you listed that say the same thing for 10 years. Slimebags.
Who pushes silver is irrelevant....only thing that matters is if the information being espoused is true..as things deteriorate over time there will be a revert to mean in silver.....people will push money into acquiring $25 silver vs $2000 gold as a lack of funds and plummeted trust in the system
If you watch prospecting videos, they find gold in their pan, even platinum in the United States, but never silver. If it was abundant on the surface, they should find 10 nuggets of silver for every one nugget of gold.
They find gold in the sand from Home Depot, they are finding it in Wisconsin, they are finding it in the sand at Lake superior, up in Alaska they find gold, but they never find silver. I'm looking for them to find some silver somewhere but I never see anybody find silver.
He basically listed all the reasons why the Silver price would not be allowed to go up. They would bring it down and replenish all the weapons sent out
Can we get the Hunt brothers drive silver higher again by having them try to corner the market?
I think their both dead
I believe Chase has a bigger stack than they did
At 500 oz per missile.....it's easy to see why and who is manipulating the price. Gov. Will make silver a strategic metal and illegal to own.
I doubt the big spending idiots at the Pentagon are worried about the cost of silver (10- 12k) in a 2 million dollar weapon.
That can't be confirmed.....I highly doubt it...
I think its funny that everyone is yelling, " THE DOLLAR IS FAILING." And all they talk about is buying government bonds and treasuries.
Peter Schiff would be an exception.
Best investment by far storage units 95% of mine are full
Smart lady💕😁
A fascinating discussion. Lot's of important points to consider. Not quite sure whether to consider this as good information, or hype/sales talk, or perhaps a lot of both? Andy is obviously very knowledgeable and well researched (and he is gifted with a "silver tongue, no pun intended). What he saying appears to make a lot of sense and certainly warrants my further investigation.
Regardless ... I appreciate this conversation. Thanks!
If Silver is being suppressed and has been suppressed, why would that change? No one seems to be able to stop that so why wouldn’t go on indefinitely?
Yes, why invest in corrupted metals?
Because eventually, supply/demand fundamentals matter.
@@CommodityCulture Never in 1000 years has there been a shortage of silver
@@CommodityCulture Keep Dreamlng, S@P 500 Rules
@@robertmilo4042You can read the studies yourself on how much silver is in the ground. It's a science topic rather than some pumper salesman.
You will be better off trading Baseball Cards. When SHTF happens, you can’t wipe your butt with a silver eagle. You people don’t know what the currency will be. Let see you take fiat money to buy an eagle over spot and I can’t buy cold cuts with it. Constitutional silver yes that is more realistic.gold is the store of value not silver. You silver people say it’s going to $500,$600 an ounz you all don’t know. Sell your silver and buy 90 days of food for your family having it sit in a safe you aren’t making any money, if it’s in a safe deposit box you are losing money. Altria is paying an almost 10% dividend what does silver pay each month?
Money making is a game and we don't make the rules...the money makers do. Nothing wrong with owning solid money...but don't expect fiat currency failure to be your lottery ticket. You will go down too. Bank failures are your problem, not theirs. You are a peasant, just as "citizens" always are.
Jeffrey Cristian says the opposite, that there's literally 10 billion ounces of Silver, with new depos for storage being built for the Comex , LBMA, ready to be dumped on the market at a days notice. ?
I've heard this from him as well, he could be right but many have refuted his claims.
silver isnt valued at the 16 to 1 to gold because no one uses silver in the currency anymore. Imagine if quarters dimes and nickels went back to using silver. The shortage would be insane... Why doesnt anyone do that? Because no one has enough to do that..... yet. Watch China and Russia if they come out with a gold/silver infused currency it's over. Silver will skyrocket.
We can eat silver but it turns people blue. No changing back either. Look up "colloidal silver blue people" The picts were a tribe that had blue people from tin and silver mines.
I bought £1900 of silver 3 years ago, its now worth £1421. I waiting for it to go up!!!
You people always throw arond this insane number of silver that go into ev cars. The silver Institute clearly states that pure ev models contain between 25 to 50 grams per car while hybrids are between 18 to 36 grams. This is from the silver Institute directly. Please direct me to better information if im wrong.
Government can simply legislate owning it illegal and confiscate from public. Then up the price after confiscation . Did it to gold in 1933 . Keeping the price low is just a function of creating more on paper and selling non existing product.
Social security , Medicare, disability insurance shouldn't be having a problem. People pay into these weekly. The gov. keeps taping the barrel is the only reason the money isn't there.
Silver is NOT going up until JAIME DIAMOND says its will. Remember he already has a new RIG job planned for September 25 when this company gets out of suspension from the government..
Always do research & pay the minimal amount possible per weight
Headwind is that it doesn't know about the inflation.
Tailwind is the inflation...
why ia 1 kilo 217$ and 1 kilo is 800$ that is making me wander why>?
Schectman has been saying this bs for years now. Do yourself a favor and ignore whatever comes out of his mouth
With so much military use wouldn't it be plausible for gov. to use that catalyst in building the economy's wealth backed by folks holding, and priced accordingly to demand? Military supply, wealth spread, industrial utilization, it seems the political leadership hates its people or at the very least wants to keep it poor for power and control. I mean they control price so why holding it back? Selling to China at these prices for their economy's growth, suppliers to Ukrainians, 1% inside trading off wallstreet for easy added accumulation but all avenues close for the people, Xrp/ripple being the latest example. Traitorous seems to be the proper wording yet most Americans vision blurred with outdated patriotism indoctrinated with media keeping the lid on Truth and Righteousness. Religion backing, supporting and worshipping evilness disguised as a future event fix one day to come, so on and on we go. Can't even wash the criminals mouth out with soap for the lies they tell, but don't worry when that day occurs all hell will break loose. What an great example of a false prophet leading for an antichrist wallstreet beast system headed by some evil satanic entity. And to top it off carpenter's building gallows is so old fasion and there's a shortage on rope. Coming soon to a theater near you "The Man who thought he was so rich begs for just one drop of water"
Silver is abundant and is not in a structural supply deficit. Lol.
I think silver is low because the banks and power's that be are buying it for the cheapest.😊
Andy was really on a roll today!
Look at the spikes prices of silver over the years. When it reaches its highs, silver never stays close to. That concerns me.
many of the spikes like in the 70's was when the market was being artificially manipulated up just like it is artificially being pushed down now
😂😂😂
andy dosnt answer my emails whats with that im asking very kindly why?
Silver premiums are the lowest? Does anyone see that this is not true?
Says the guy who sells Silver for a living - Shocker!!
Why don't you make your own research and try to prove him wrong?
❤infomercial andy talkin his book = surprise surprise surprise!
Unsub❤
He does a lot more than talk about silver if you’d listen
He sells silver and other precious metals. So that does away with your comment, right? Also, is he lying about silver,? If so, where did he lie?
He sell metals, but he does back up the hype with facts and lots of just plain common sense. He lives and breathes what he believes.
Great insights, my silver stacking will continue after this informative video, mucho thanks.
Thank you for watching.
But.... Will it crash before it rallies up!
Appreciate all the insight Andy
Gavin Newsom had all his assets in Silcon Valley Bank so there's your answer.
If that's the case, it certainly makes sense.
I recommend also owning quality Mining Stocks, but only w a dividend! My personal opinion
The best🥇💰😁
B2gold (btg)
If this is not the year for silver, I'm out.
and the above ground that is not in a landfill is about 2 silver to 1 gold.
If the Powers that be Keep Holding Silver Price Down, as they do, then All matters is WHEN will they STOP Manipulating the Price?.. Not what other conditions prevail .. u could Die or go Broke waiting ...Fact ...
I understand the sentiment but it's really not so black-and-white as you're making it out to be.
try buying constitutional silver
Thx for this video. You asked some very good questions imo and Andy seems quite sharp and informed. I agree somebody is manipulating the futures market and Andy said a few big banks have huge short positions on COMEX. Where is the data to verify that? Where is it public knowledge? Also, you asked a key question re: premiums, which I too am concerned. I don't own a coin shop or live on Delray beach but I think some alternative suggestions for participating in the value of a generation would be a good topic of discussion. Today, while informative, comes with a definite bias. How might a person not interested in stacking or holding silver participate? Thx so much for the video. I learned quite a lot!!!
Thanks for the comment and for watching the video. Although there are vehicles like the PSLV ETF to gain access to silver without holding it, I truly believe you do need to have some in your own possession.
True. Sell now. Last chance 😂
He asked why would banks short silver, but he does not say why.
With this info, would you advocate for physical silver or silver miners? I like the miners because I can do that in my retirement account.
I do both for a litany of reasons. I think in the most extreme/worst case scenario (i.e. USD currency crash), physical is certainly better to hold than having shares in a mine.. especially mines in foreign countries with high political/economic turmoil. There’s plenty of cases where politicians (particularly socialist/communist-led countries) nationalize & confiscate mines ultimately kicking companies out (or arrest them) & leave shareholders holding an empty wallet. China was notorious for this & now, you’re starting to see a lot of Latin countries do the same now. Chile is currently nationalizing their lithium mines (biggest lithium deposits in the world). Top 2 lithium producers currently operate mines in Chile. I’ve actually had this happen to me once too. It sucks. So, investing in a mining company requires one to be astute to the political environment in which said company operates their mine(s). It can be risky & unpredictable. Nonetheless, I think it’s smart to retain investments in both.
Both.
@@michiglenn thanks. Great points!
Buying half dollar as well as Eagles
Finding a good LOCAL dealer can be a really good plan.
You forgot medical usage
….. Is the discount code for his offer of the week not in the video description? 😉
I know he always talks his book,but i believe he is sincere. Eventually silver will rip upwards.
In 1 year or 20 year. 😂😂😂😂
I also see this being the case, people are very impatient and it might take longer than many hope.
The problem I have with silver being used in EV and Solar panel applications is that silver is too expensive and will continue to get more expensive to be used as the primary element in those applications.
I don't think manufacturers want to see half their cost going to just 1 metal so just like how companies are trying to steer clear from Cobalt in batteries I think silver will be the next to be replaced in green energy
The opposite is happening. The new solar panels are more efficient, they generate more power, because they use more silver than the previous generation.
@@markbrophy5454 Engineers are very smart, and they can always figure out a substitute.....
Cool story bro, what are you going to replace it with? Tin foil........?
@@henryvanderbeek2973 Engineers dont create natural materials. They use them. You are talking about alchemists. You know, like those guys that have been trying to make regular stuff turn into gold for 1000s of years. You go ahead and wait for that.
I'm not disagreeing that silver is more efficient but I'm saying I can't see it being sustainable in the long run as it gets more scarce. Air conditioning manufacturers are trying to replace copper with aluminium for years, they haven't succeeded as of yet as aluminium corrodes but they are trying
Also every battery maker is developing replacements for cobalt as it's too unreliable being that 70% of it comes from The Congo
I cant believe the silver miners arent doing anything about the low price. All they have too do is shut down mines for a little bit and watch silver sky rocket.
Jesse: I've realized that Silver is the New (Next) Gold. Let me explain after putting a lot of thought into this. The drawback of silver is the number of ounces needed to store wealth. What happens when silver hits $100 an ounce? You can store four times the wealth for the same ounce. You have 1/4 the need for silver for wealth movement. This is going to happen. More and more people will store silver as wealth because he takes up less space and is easier to move. So there is this paradox that silver becomes more valuable as the price rises not based upon the price itself, but because of its value as wealth preservation. Gold will be too valuable and risky. But when silver hits $100 per ounce, you can store $5,000 by holding just 50 ounces. It's a kind of paradox. It's reinforcing. A higher silver price makes it more valuable because less is needed to store and move wealth, and that includes among nations. And that is exactly what is going to happen. The higher silver goes, the MORE in demand it will be as a precious metal. Silver is the New Gold.
Interesting thoughts for sure, thanks for the comment and it will be interesting to see how it all plays out.
I acted in Belgrade in the 1980s and it was mah-vel-ous. I'm thinking about doing what you did and getting out of here (The West). I might seek advice if/when the time comes. You're a great interviewer - relaxed, prepared. Thx