Silver Over $32! Gold Breaks All Time High! But Heed This Warning
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- เผยแพร่เมื่อ 19 พ.ค. 2024
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This is a channel that has the latest news about precious metals, silver, gold, platinum, palladium and others. There is discussion on the following topics.
How the economy and geopolitical events can affect the prices of gold and silver.
Tips on stacking gold and silver stacking for beginners and seasoned stackers
The fundamentals of sound money and stacking silver and gold
New releases from the US Mint and other world mints like The Perth Mint, The Royal Canadian Mint, The Royal Mint and more.
Any silver news or gold news and news about bullion dealers and precious metals companies
#silver #gold #silversqueeze
Forget the pullback mentality. We don't need to see the pullback. We need true price discovery. Let it ride! Pullback is a manipulated game.
Manipulation in action today, but I been down so long, being down don't bother me.....
👍
Yep, if physical and "the east" are starting to take over the price, then this pullback and technical analysis stuff is meaningless.
Say byebye to Silver in the 20s. The Fed hasn't even started cutting yet, and this is happening.
Yep, it’s a perfect storm. I’ve even seen mainstream news discussing the supply deficit. They were focusing mostly on solar demand which is poised to require 40% of mine supply.
@@trailguy that is a good point, apparently the panels use silver. But some Australian invented solar panel uses copper, but that is only a small endeavour vs global solar panel supply which is silver. I don't know much about this subject, just the basics, but interesting to hear what you said align with what I've heard elsewhere.
Renewable demand is only going to go up by the way. In Australia they're doing 82% renewables by 2030 for example. Lots of nations are moving rather rapidly to higher renewable %'s in their energy mix, especially over say next 5-20 years etc.
Remember folks!!! It's the long game. Stack consistently, its not always about stacking 10oz bars. Slow and steady wins the race.
Unless you win the big jackpot at the casino, in which case spend it all on metal right away before you gamble it back in lol
Very true west TX, I typically buy $10 face every week, but have to shift my focus seeing as how the prices are rallying up. May have to focus on fractional platinum 😅
@@jimboramba that’s why I took up drinking. Now I’m too drunk to drive to the casino. Alcohol is cheaper than a tables. Lol.🤪
@@DARIOUSN I have been considering fractional platinum myself
The Race is not
ALWAYS
To the Swift
You've caught me playing air guitar to your intro lick
Pull backs = BUY BUY for me
The future is always uncertain, especially now. Safe, solid steps are the best way to proceed.
Thank you Sal!
Keep stacking watching from South Africa 🇿🇦
I like your krugerands
If it dips its a fake dip, it may Go 29.99 buy Only momentarily, its too hot around the globe for the metal
That Liberty coin is beautiful ⚜️ 🪙 ⚜️
Run a rolling 1 year anchor vwap and value area. The bell curve is expanding. There is positive consensus. The technical breakout was much lower. Not 30. In fact it was around 26.34. it pulled back to that level and stayed there about 15 minutes. It retested the first standard deviation then tested 27.40s, and we got shorty on the ropes. Banks have to sell naked futures to knock it down. In the end they will lose because treasuries are worthless and they know it.
Silver was stuck in a trading wedge from which it decisively broke out of on Friday before confirming the breakout on Monday.
The $30 ceiling / resistance is now a floor / support and a pullback in that area would be perfectly normal and should be bought.
I still acquire a trickle of silver of nice designs to keep my interest. Stacking cash so as not to sell metals is my current policy.
That's a great policy
Minor pullback likely before another spike.
I missed the latest dip in silver. Nuts. I wanted to stack another kilo. I don't think it will fall to $30 again. Gold is in uncharted territory.
It don't matter if it's 31, or 32, or 33. When it's 150, or 300, it's all profit.
im right here with you lets buy a kg bar each!!! its at 32 rn hopefully it dips this week a bit
For peoples FUTURE:
Having PHYSICAL gold or silver WILL help you during hyperinflation.
If you have a mortgage or ANY locked in payment contract, gold/silver will help you. As hyperinflation starts the value of 1 ounce of gold or silver WILL rise also. So lets say the gold price goes to $800,000.00 an ounce and silver goes to $70,000.00 an ounce and your bank wants payment of the $400,000.00 balance NOW, you simply give them 1/2 ounce of gold or 6 ounces of silver.
This ONLY works with LOCKED in, NOT variable, contracts.
And you can buy farms, houses, vehicles, plazas...as long as those are LOCKED in prices because variable rates would be hard to catch up with (there will be many whose loans will be called in so ya can arrange to buy them and have them as tenants or not).
Hopefully the above makes cents (sense ).
I was hoping for a summer Dullum pullback, but that’s not looking good right now. In the meantime, my fiat stack is getting taller. There’s still more summer to go.👍
Higher highs and higher lows. It’s a new day for our Metal.
Silver is still a fire sale deal, especially with the low premiums. I’m stacking like there’s a better tomorrow.
Was going to wait till tomorrow but just got sent an order off. I’m not convinced there is going to have a dip this week
I'll be stacking cash for awhile instead, it looks like.
Buy 1 oz silver. They are prettier lol
Likewise.
Ag going 34 near term, then oscillate around a bit with 32 being support.
Silver and gold under attack today, coughing up all of yesterdays gains. This is the "pullback" they have trained us to call it, the bankers won't go down without a fight.
With Kitco’s opinion and $5, you still can’t buy a small Starbucks.😎
A very small one :(
its gonna be a bumpy ride
I dont think youll see pull backs anytime soon. I dont think youll ever see silver under 28 or 2250 gold. Monopoly money is on fire and people get that more in more.
It will come back down. This happened in the last recession before and after it. Know your history.
These are different times bud.
The $35 dip in platinum was a great buying opportunity, especially if you have none.
Would love to have platinum. When I used to play D&D when I was younger, Platinum was always king before gold and silver.
@@rickstalentedtongue910 Yes it was! I don't see anything wrong with buying a platinum coin as a collector's piece but I would advise against stacking platinum.
Great video Sal, I received my gold Liberty last week.
加快買實體黃金和白銀, 價格快要大爆炸了！！！
Nice score on those new coins. I believe they only made about 5,000 of those gold ones!
Somebody showed a clip of the Shanghai Silver physical Spot being $38 USD...they want the Phizz, man.
Liberty on top means USA USA
Good information
I got copper to but It's time to Invest Into It a little more since It's going up to.
Nice Car Sal! lol good video!
🧻 to 🥈 ratio is 398.30 to 1 🍿👀
As soon as you went off the air last night it went (silver) to the moon all green
Commodities are interesting. I like your rational for a $30 support level. $30 is the Mendoza Line of Silver.
Keep on stackin'!
Hey Sal, I remember when you called $30+ Ag. 🥳
Gold isn’t like Doge or bitcoin there is no panic sell button. This is a long term investment for your retirement in my opinion because that’s what I’m aiming for.
silver just went up 45 cents in the time i watched this video. i dont know why im waiting for the next dip. might not be under 30 for long time.
Excellent report 👍👍👍👍👍
Thanks Sal...slow and steady wins the race...it's not about the destination, it's about the journey...what other clichés are applicable?...lol...SLURP on Bro 😊
CRUSHED the like button!
I got the lib/brit and its stunning to me.
Like the coins and also the little green car. Of all your cars I’ve seen, this green one is my favorite. Oh yea, loved the video. 🤩
I am responding to your comment verbally on a live stream at this very moment!
just looking at my stack of pm geez what a beautiful sight thumbs up
They dropped (shorted)silver at 29.71.....it is at 32,they are down 2300 per contract.They deal in millions of contracts.1 million x 2300....2.3 billion
Hello Sal from the U.K. do you think there is a bit more behind the merging of Liberty & Britannia coin than just celebrating 2 of the oldest mints? i.e. equal recognition on both sides of the pond as a universal kind of recognised coin between our 2 nations??
6:12 est pm in SC and silver on trading view is $31.85.
Love the coins… just ordered some
Sal, I'm baking bread and cookies for Memorial Day celebration this weekend while listening to you! It's hard not to get excited about what the Metals are doing, (btw...lovely high relief coin you have). I'm going to make a bold declaration.... if i were a betting woman I'd guess by years end we'll all be lamenting about the good ole days when silver was $30 an ounce 🤷♀️ (don't hate me cause I'm wrong....i was wrong one other time 😂) thanks Sal 👍💞
I am responding to your comment verbally on a live stream at this very moment!
Buy and hold lets see how this plays out!!! 🥈🪙 💯💪
I just got my Liberty-Britannia Medal yesterday. What a beauty.
The coins🚮 your commentary 💯
First Response - Right on as usual.
Great report Sal. I don't particularly like the Liberty Britannia from the U.S. Mint. At least the British version is a silver coin and not a medal, and it's also much cheaper.
The USmint presentation/package for that gold coin was horrible.
I wish the Liberty Britannia silver medal displayed its weight and purity. At any rate, well worth the wait 👍😎👍
I'll never lose faith in silver 😅...if it drops alot I'll celebrate and buy alot ... thanks salivation nation! You guys are awesome 👌
I am responding to your comment verbally on a live stream at this very moment!
Where's all the folks that said silver is a joke?
Sal your title says it all. Expect a correction. But I think the pullback already came and went.
Heeding that warning.
Fall back, pull backs and corrections on what has been argued as the most undervalued asset??????
Hey Sal, enjoy your videos daily. I am curious, what is your eventual goal for all of the precious metals you have acquired? I am no asking anything specific, for that is none of my business, but just in a general sense. Do you forsee using the metals for retirement or to pass onto family. I am more in the retirement camp myself. Look forward to your response and have a great day!!!😂
Nice Coins! I prefer those ones without KCIII on them! I think they got the mintages the wrong way around. They have made 250,000 of the Wef King Royal Mint ones but only 75,000 of the US Mint ones you have which sold out straight away. Fingers crossed that Silver and Gold can maintain these levels.
hi sal
That intro though
interesting gold is hitting all time highs at the same time as the Liberty and Britannia $100 gold coins are being delivered. I should finally have mine by Wednesday. Did you order yours the first day?
Yes sir
Silver x20, 650 usd 1 oz. It's NoRm
1 Hour Chart showing RSI around 52 !! This is a good basis for further gains.....hehehe
I don't think twice or even regret selling off my silver stack, big chunks at a time. I've been buying gold like China!!! Guess what, I'm selling more tomorrow, then buying more gold. I sell my stack all the way down and keep 90%, Eagles and Libertads!!!
I buy when I can, no matter how small. Great video Sal. Thank you.👍
Oh BTW. US MINT. 🤢🤮
I am responding to your comment verbally on a live stream at this very moment!
@@SalivateMetal I bet you can’t tell how much I love the U.S. Mint?
For the youtube algorithm 😎✌️ #DCAandCHILL
Awe man, you got your coins in it looks like... They sent me a refund saying sorry😂
You sure about that all time high claim? I understood the Hunt Bros. pushed it to almost $50.
He said all time high for gold. Silver has hit 50 twice. Hunt brothers in 1980 and almost in 2011
@@jackbouwers1855 thanks, assumed it was all about silver.
@@jackbouwers1855 SIlver has NEVER hit $50. The closest it ever came was when the Hunt Brothers made their move in 1980 - But "close" is all it was - $49.72 is the highest I can find any mention of, but most sources I'm looking at seem to agree that the actual "official" figure was $49.53. Depending on who you believe (so far as I can tell, no two sources I can find agree) 2011's runup topped out at somewhere between $47.29 and $48.63 - just under the "all time high" that the Hunts pushed it up to.
Thx Sal. Great video. And Awesome info. The new coins look very kool. I'm still waitin for one last pull back on silver. So I can give it all she"s got. But if there's no pull back, I'm still sittin pretty. U ROCK Doc. 👍👀🖖👻🤘😎🎸🎶🎵
Don't harsh my buzz Sal
Sitting on cash for now. 30 or below I'll get some silver
Like # 3 205 days and counting until Adventure of the Seas
Melting up is a bad thing. It means the end of our dollar is near. Just my take on it.
I see silver going to 34 then dropping back to 29 to 31ish
I agree around July august
Is the sun setting to the North on those coins ???
I think so. A little odd. But, I guess it's for symmetry.
Up 33 cents isn't bad 1.05 % per ~kitcho... . Dang! SIMMAHDONNAH newbies, and hope for a drop, so i can buy more & MOER! Cuz we all know how i get when i can't stack em! 💯 RAAAAAAAAAAAAAAAAAAAAAARAH!!! 🦁
:)
Buy and hold your silver and gold😂😂😂
1 troy lb per month for me in drribs and drabs.
AND THE DOLLAR CLAIMS INCREDIBLE LOSSES YEA…hahahaha 😂
Anybody got a site for with charts showing china gold price vs the west? Used to be a site called Has the system collapsed, but the timeline was laughable and the site closed down, probably because of the ignorant prediction, and the person who made it did not understand about global government behind the curtains.
I predicted $32 silver Kind of jokingly. Will it last? Or will it explode? Or crash?
I want the keys to that car.... Just sayin :D
I see theres still a few in the coments that still dont get it. The dollar is on a dying slow spiral as all currencies so no need to sell for years. Crypto col
What your opinion on buying a 1/10 oz gold coin monthly or 1 oz gold coin every 10 months?
I am responding to your comment verbally on a live stream at this very moment!
@@SalivateMetalheard the response. Thankyou so much.
Those are pretty. I don't really care about the high premium for some coins, Sal, because I'm leaving it to my sons anyway.
Smart because if it's left for the family they will get ripped off most likely. Any dealer I've been to typically will only pay spot or below to inexperienced sellers
@@liamgeeson5236 Well, there is Ebay if they really want to sell them. I'm not giving it to them to sell. It's a collection. I won't need it where I'm going. lol
Like I mentioned on a different podcast I have a feeling that all of this is manipulated to damage the middle class. They know that people have a little bit money saved up and a little bit of gold and silver saved up so they going to increase the prices in food, gas living wages. And they’re going to boost up gold and silver prices so people sell it take the money pay all their bills and then they’re stuck in a hole because they don’t have nothing saved up anymore. Regards to gold silver.. love you Sal keep it up as long as possible ❤
Let us explore---------------------------------------------------------- these Weird Days!!!!!!!!!!!!! Lost my Beer ! HHmmmmmmmmmmmmmmmmmm...
I didn't hear anything that sounded like a "warning".
That's because you didn't listen
Either up 114M% n the last 15yrs like BTC? Nope. lol rocks
Like#72. Go sal go
Go where? To the bathroom to pee? I just did that. Great minds think alike!
Blammo
Anybody else notice how many Whipperstackers suddenly have TH-cam channels? Like, congratulations, you topped off your first tube of eagles, you must be such an expert now. Not Sal. Sal"s the OG.
Thank you so much!!!
where was your unboxing video of the 2024 liberty and britannia?
I didn't do one. Unboxing videos get hardly any views
They both dropped some