@@JoshMichael don't forget to realize your gains, otherwise they aren't actually gains. Metals are a preservation of wealth, so if you're here to crap on stackers, remember they aren't here for a gamble.
@@JoshMichael Bitcoin is like the space challenger ( rocket) . It took an enormous amount of energy to lift off, was headed for the stars and then big bang, all gone.
Price did go up somewhat to buy coins but came back down, my dealer had coins to sell as I bought just for fun, just didn't buy eagles, spot price went back down and I don't believe most buyers wouldn't pay that much above spot price,
@@silver-en7kl Can't exactly trade crypto when not everyone has a digital wallet and a lot of people don't care for the stuff. Now, physical silver and gold on the other hand... Who turns that down?
When you buy unallocated gold, it goes without saying you are buying a percentage of gold that isn't allocated to you specifically. However, if you own enough unallocated gold you can pay a mint fee to convert the gold to physical. You can then store the physical at the mint for a storage fee or send it where ever you'd like.
@God's Com'n silver has been money longer than gold. I like em both, but silver does have more demand in the industrial world so effectively it isn’t as abundant as suggest.
The Wall Street bet group mentioned afterward done with gamestop will start on silver 2 things happened more people paid attention to the stock market and now they're paying attention to the silver market Everyone in country need to go buy some physical silver and hold And the dollar sucks
@@Eddie-pw6ut David shouldn't waste his time interviewing this Muppet in the future . We can watch likes of Kevin IN CNBC if we wanted to.. Just saying
Lets get physical with silver!!! Buy buy buy!!!! As soon as you can afford it, buy physical gold too!!! Tell your friends and family to buy the PM Lets turn all of our fiat savings into gold and silver and hold on to them until NESERA/GESERA is set in place!!
That's bad advice if you're giving up your liquidity. Silver becomes worth more when inflation rises, then consumer prices rise as well. Then you need liquidity.
@@ConsciousOne369 I think I have a bigger picture of what's coming than you do. What do I not see? I've been doing research for 30 years, and I've been debt-free and independent for 20 years.
@@ConsciousOne369 Don't worry, I'm well covered. I don't need any more research. What I'm watching now is politics, and most will be pretty wide-eyed about what's coming, inflation is only part of the problem.
Just took a look at the Perth Mint online shop and 10oz and 100oz silver bars are out of stock (whilst 1kg is unavailable?) - vs "there's always enough silver!" Kudos to David for such professionalism!
At 11:00 he says that the premiums are due to higher demand, but wouldn't a higher spot price normally be a direct result of more demand? Seems like the premiums are a way to charge more but keep the spot price the same.
Google result : JP Morgan has amassed a physical stockpile of silver of at least 600 million ounces by calculations at an average cost of around $20 an ounce, all while continuing to make hundreds of millions of dollars in manipulative COMEX short selling.
Just buy up all physical silver, that is the way to squeeze silver!! Let them have no silver to source from the market!! At least, so to make them pay high premium to source physical silver!!
SLV is said to be an "open ended" fund which means they can keep issuing as many shares as necessary to meet demand. However, this cannot continue because SLV must have actual silver as per its prospectus. So if physical silver runs out, SLV will have to stop issuing new shares or be guilty of the same fraud that has been plaguing the paper markets for half a century. Watch for that announcement sometime this year, i.e., SLV has essentially become a "closed fund."
David, ask someome how large the retail silver is compared with the wholesale silver market! When it’s only a fraction, silver stacking won’t cause a squeeze in silverprice.
I answer the question directly and clearly. The dealers have not taken precautions, why are there shortages ? Because most are idiots and buy badly. Then they try to make up for it with high premiums.
good to know. just because of where i live i keep a closer eye on what the u.s. mint, the canadian mint and what the mexican mints are doing. i do know a few people who regularly cross the mexican border with the united states on a regular basis.
Why doesn't the interviewer ask about the taxes that buyers may or may not have to pay? In the UK for instance gold Britannias and Sovereign coins are Capital Gains Tax and VAT-free but silver has VAT of 20% slapped on it, so not many people in the UK would stack silver whereas Australian and US physical buyers might be under vastly different regimes.
Listening to this guys responses to David's questions, I'm walking away thinking, he doesn't want the price of silver to go up, and it's being manipulated at the mint level too. His answers were not very straight forward and he contradicted himself a number of times.
sliver physical long term. Tesla need in for the cars.. If Tesla was supposed to buy all physical silver.. And shot the market for the next 2 years.. he would owe the electric car industry for every.. .
Who will buy retail’s physical silver when they want to sell a few years down the road after silver prices naturally go up due to more demand than supply? And what discount to bullion dealers’ physical prices will there be on their sale?
Why did warren buffett pump and dump barrick mining in september? After he announced investment, its steadily tanked. Weird. Dont understand gold/silver mkt
This dude just said he only sees futures and derivatives as fake paper. But etfs are backed by real silver. THEN THIS DUDE SAID THEY CAN MAKE AS MANY ETF SILVER AS THEY WANT.
Keep buying physical silver. Demand is putting pressure on the supply. These guys are dumping paper to suppress the price. Need to force a failed delivery.
Imho, 100% they (Perth mint) sold a shit load of silver futures at the pop. Don’t believe in a bright future for their own product. He doesn’t want to get caught, lol.
I must admit English is not my native language, but for some reason I find it hard to understand this guy. Not his fault, some people have it, some people don’t.
I like that David politely doesn't let people dodge questions.
But he forgot to ask him where he thinks the price of silver is going?
outlander330cc he’s a beast 💪
@@rjac001 yep that's sad
That guy was trying to dodge everything.
Buying physical because we see through the bs
Goodluck with your small gains, can't see your small gains from up here on mars riding the bitcoin rocket.
@@JoshMichael don't forget to realize your gains, otherwise they aren't actually gains. Metals are a preservation of wealth, so if you're here to crap on stackers, remember they aren't here for a gamble.
@@JoshMichael i like bitcoin, BUT its very over valued
@@JoshMichael 🤣🤦🏽♂️🤣🤦🏽♂️🤣
@@JoshMichael
Bitcoin is like the space challenger ( rocket) . It took an enormous amount of energy to lift off, was headed for the stars and then big bang, all gone.
Join r/wallstreetsilver and fight the corrupt banksters
How does paying a 35% premium
over spot fight the bankers?
@@imilliemedina666 Buy PSLV and you wont pay a 35% premium
No chance it’s a squeeze under duress, the bankers have seen this before, the wsb was luck.
The $SLV ETF is the Klaus Schwab version of owning silver - "You will own nothing and be happy"
hallo, i am klaws schabbe
@@300IQPUG what a name.
Great comment. Funny but also true!
I would like to see Kluas fight a grizzly bear.
Lol dude every video
So if supply was depleted and demand was high , how come price didn’t go up?!?! News flash, price is manipulated.
though it is based on industrial demand, the retail product will have negligible effect. NOW if everyone bought 1kg bars, now we are talking.
Seems like only premiums go up
So fabricating should be in the original costs of any metal or any other fabricated item .stop the silver manipulation!
@@kevinlatulippe6944 only on retail silver, 1-100oz
Price did go up somewhat to buy coins but came back down, my dealer had coins to sell as I bought just for fun, just didn't buy eagles, spot price went back down and I don't believe most buyers wouldn't pay that much above spot price,
R/WallstreetSilver join up.
R/RSSV too.
Nothing this guy said in this interview was honest.
You get that impression!
Commodities going through the roof, silver doing nothing and gold sells off. Crime scene all over the place.
Just bought 70 more ounces of silver today💎🙌🪙
Our lcs has ran out of silver and gold both, only collectibles with super high premium, not worth it.
R/wallstreetsilver
Gold and silver are underperforming like a mofo.
Paper maybe, physical is still 31++
@@dogz70 30% compared to 200% year over year with bitcoin hum....🤔
@@ravetime8394 bitcoin is just fiat currency with more steps, its not a asset or hedge against inflation, but it is bullish
@@dogz70 that’s like saying dollars aren’t an asset
@@tonyh1345 they aren't, its backed by nothing
Physical if you don't hold it you don't own it...
@God's Com'n Bitcoin is over when the power goes out.
@@silver-en7kl Can't exactly trade crypto when not everyone has a digital wallet and a lot of people don't care for the stuff. Now, physical silver and gold on the other hand... Who turns that down?
Perth Mint has unallocated gold in their depository.
Unallocated is gold that doesn't exist. Beware!!!
When you buy unallocated gold, it goes without saying you are buying a percentage of gold that isn't allocated to you specifically. However, if you own enough unallocated gold you can pay a mint fee to convert the gold to physical. You can then store the physical at the mint for a storage fee or send it where ever you'd like.
Proably don't need to have this guy back ever again...
Lmao
Dont be a fool! Buy silver
@God's Com'n silver has been money longer than gold. I like em both, but silver does have more demand in the industrial world so effectively it isn’t as abundant as suggest.
@God's Com'n I’m not planning on selling at $50 🤷🏻♂️
I wouldn't pay 30-40% over spot
for a candy bar.
@God's Com'n silver is vital for our way of life, gold isn’t. you would never have seen this video if silver didn’t exist.
The Wall Street bet group mentioned afterward done with gamestop will start on silver 2 things happened more people paid attention to the stock market and now they're paying attention to the silver market Everyone in country need to go buy some physical silver and hold And the dollar sucks
Nice Video! Very engaging from start to finish. However, Businesses and investments are the easiest way to make money irrespective of our endeavours
Spread your money among different asset categories like bitcoin and stock, then further allocate those funds within each category.
Kevin's reply seems unconvincing. Like he's trying his best to hide his actual thoughts. David, as always, squeezes the questions to the interviewee .
He’s censored. He works for Perth. That’s his job.
@@Eddie-pw6ut David shouldn't waste his time interviewing this Muppet in the future . We can watch likes of Kevin IN CNBC if we wanted to.. Just saying
Still worth a watch no matter how you feel I think
I can think of only one use for paper ~>
I feel like this guy is on the manipulators side.. Intresting
That's EXACTLY what I got from this interview.
David is my hero.
He is not my hero. Objectively speaking, he's simply the best interviewer I've seen on the various channels.
Always prepared, competent and polite.
@@marcelinoperez2926 Agreed. If viewers want to ogle then there are plenty of other sites on the web.
@@westcoaststacker569 thanks, Good luck in crazyworld
You always ask the Best Questions. Keep up the good work!
Buy physical coins
What a fascinating interview this was. Next level stuff.
In the past 2months silver had closed low before weekend so I'd buy 10to 25 oz of silver while market was closed with fairly low premiums
GOOD JOB DAVID! You are by far the best reporter that I've ever seen. Damn.
Lets get physical with silver!!! Buy buy buy!!!!
As soon as you can afford it, buy physical gold too!!!
Tell your friends and family to buy the PM
Lets turn all of our fiat savings into gold and silver and hold on to them until NESERA/GESERA is set in place!!
That's bad advice if you're giving up your liquidity.
Silver becomes worth more when inflation rises, then consumer prices rise as well.
Then you need liquidity.
@@marcelinoperez2926 your not getting the bigger picture here.
@@ConsciousOne369 I think I have a bigger picture of what's coming than you do. What do I not see? I've been doing research for 30 years, and I've been debt-free and independent for 20 years.
@@marcelinoperez2926 if inflation rises the value of your fiat decreases so in essence you will have less liquidity. Go back to doing research ;)
@@ConsciousOne369 Don't worry, I'm well covered. I don't need any more research.
What I'm watching now is politics, and most will be pretty wide-eyed about what's coming, inflation is only part of the problem.
BUY 1KG BARS, HAVE TO BUY INDUSTRIAL SILVER
Yes, don't buy coins, you get killed in premium
Just took a look at the Perth Mint online shop and 10oz and 100oz silver bars are out of stock (whilst 1kg is unavailable?) - vs "there's always enough silver!"
Kudos to David for such professionalism!
Keep Stacking 🥈🥈🥈
At 11:00 he says that the premiums are due to higher demand, but wouldn't a higher spot price normally be a direct result of more demand? Seems like the premiums are a way to charge more but keep the spot price the same.
Google result :
JP Morgan has amassed a physical stockpile of silver of at least 600 million ounces by calculations at an average cost of around $20 an ounce, all while continuing to make hundreds of millions of dollars in manipulative COMEX short selling.
Just buy up all physical silver, that is the way to squeeze silver!! Let them have no silver to source from the market!! At least, so to make them pay high premium to source physical silver!!
David bringing the heat on this interview.
SLV is just paper, JPMorgan added 1 million more SLV out of thin air. PSLV is physically backed. Not just printed paper.
Buy physical silver creating a shortage in supply and raising spot price.
Dont buy etf paper silver.
Don't get raped on the premiums
seems like premiums are a way of raising the real price without raising the paper price. evidence the squeeze is working.
Yeah sure...keep buying physical!
Good interview David. 💪
No mystery as to what happened. People jumped on board the rumor and started buying silver.
Kitco has thrown in the towel with gold. More time for silver and BTC
Great interview David well done .
Way to keep his feet to the fire.😎👍
My dealer came back down. Unless you order ase. During the squeeze he went up on all bullion.
All I here is BUY $ PSLV
All I hear is to buy physical, if you are buying paper than PSLV>SLV!
Thanks Kitco!
I am not complaining that the silver price has not moved much......just give me more time to find more money and buy more silver.
Still holding line.. just looking if I still find a deal.. hello.. metals go go go keep on stacking
SLV is said to be an "open ended" fund which means they can keep issuing as many shares as necessary to meet demand. However, this cannot continue because SLV must have actual silver as per its prospectus. So if physical silver runs out, SLV will have to stop issuing new shares or be guilty of the same fraud that has been plaguing the paper markets for half a century. Watch for that announcement sometime this year, i.e., SLV has essentially become a "closed fund."
David is getting older and more experienced very well. I’m impressed.
Good job David!
IF SOME people are selling off their physical silver there would be some kind of secondary market...but there isn't, is there!!
I bought a few gold and silver bars from Perth Mint.
😍
David, ask someome how large the retail silver is compared with the wholesale silver market! When it’s only a fraction, silver stacking won’t cause a squeeze in silverprice.
David you're a boss, good work and keep it up
I answer the question directly and clearly.
The dealers have not taken precautions, why are there shortages ?
Because most are idiots and buy badly.
Then they try to make up for it with high premiums.
Perth mint does run out regularly.. I know because I buy from them. The squeeze is definitely on.
good to know. just because of where i live i keep a closer eye on what the u.s. mint, the canadian mint and what the mexican mints are doing. i do know a few people who regularly cross the mexican border with the united states on a regular basis.
David forgot the price forecast. He said we will take that up later but then forgot. Lol. But still you the best. 😁
Why doesn't the interviewer ask about the taxes that buyers may or may not have to pay? In the UK for instance gold Britannias and Sovereign coins are Capital Gains Tax and VAT-free but silver has VAT of 20% slapped on it, so not many people in the UK would stack silver whereas Australian and US physical buyers might be under vastly different regimes.
Everyone buy $AG, trying to pay some debts off. Thanks
He looks like Ewan McGregor
Wallstreetsilver
They create youtube chanel
💞West Is Best 💞
Buy physical
Listening to this guys responses to David's questions, I'm walking away thinking, he doesn't want the price of silver to go up, and it's being manipulated at the mint level too. His answers were not very straight forward and he contradicted himself a number of times.
Woooo Hoooo an interview with us!!!! Aussie Aussie Aussie Oi Oi Oi!
"Market makers can create as much SLV as they want. They can create more shares every day, it's an open ended fund".
Kevin Rich
I bought Missoula MT out of all their silver in the last couple weeks 👍🏻 not a reddit loser, I am the squeeze!
I'm over her in Boston, Ma but been to Kalispell, MT a few times. Love Montana and when I sell all my gold and silver that's where I'm headed
Silver Squeeze Growing? Divergence Between Paper Silver Price, SLV & Physical Silver & PSLV Growing!
Join the movement on R3ddit yall, wall st Silver. THE TIP OF THE SPEAR!
R/Wallstreetsilver needs a real shoutout Dave!
sliver physical long term. Tesla need in for the cars.. If Tesla was supposed to buy all physical silver.. And shot the market for the next 2 years.. he would owe the electric car industry for every.. .
Paper gold and silver= The game of musical chairs.
Who will buy retail’s physical silver when they want to sell a few years down the road after silver prices naturally go up due to more demand than supply? And what discount to bullion dealers’ physical prices will there be on their sale?
he just said slv is not physically backed indirectly,...
Why did warren buffett pump and dump barrick mining in september? After he announced investment, its steadily tanked. Weird. Dont understand gold/silver mkt
This dude just said he only sees futures and derivatives as fake paper. But etfs are backed by real silver. THEN THIS DUDE SAID THEY CAN MAKE AS MANY ETF SILVER AS THEY WANT.
JPMorgan Spoof
Along with GME
Reddit is just a bait & sinker storyline
exactly... crash or melt up... the media would blame the little guys
Agree 100% but try explaining that to angry young kids who understand nothing.
$100 Silver Let's Go
I picture this guy standing on a cracking dam saying everything is normal here...
You want to squeeze silver buy fiscal silver then see what happens don't buy ETFs
let ask Tesla to buy silver! WSB is crap. waste of time. they picked the wrong opponent silver!
Keep buying physical silver. Demand is putting pressure on the supply. These guys are dumping paper to suppress the price. Need to force a failed delivery.
Nice information
Kitco is just part of the system that manipulates PM prices.
Robert Kiyosaki is now supporting wallstreetsilver on Reddit: "I am excited about Reddit going after the manipulated silver market".
This dude sounds like a talking email, "there's always enough silver in the world"
*buys 100 more rounds*
The Cat Is Out Of The Bag (Banks Double Down Shorting Silver) !
They squeezed the cider out of the Adams apple.
Gold took off before the pandemic mate. Were not as stupid as you think.
There has been physical shortage since the pandemic also, premiums had just been coming down a bit.
1 word. JPM
Get Micheal Saylor on here.
WALLSTREETSILVER LETS GOOOOO JOIN THE REVOLUTION ON REDDIT 🚀
PSLV Vs. SLV: The Battle For The Best Silver ETF. Buy physical or Sprott PSLV backed by real silver!
Imho, 100% they (Perth mint) sold a shit load of silver futures at the pop.
Don’t believe in a bright future for their own product.
He doesn’t want to get caught, lol.
He didn't answer a single question. That's why David kept probing . He's obviously not allowed to say the truth..
Part of the problem
I must admit English is not my native language, but for some reason I find it hard to understand this guy.
Not his fault, some people have it, some people don’t.
i think the reason you had a hard time understanding him was because he was being evasive, not because english is your second language
David gave this guy at least two cracks at a simple question 11:59 still never got an answer
David, bring the Lenovo Laptop back.
The puny tablet is so not you!!!
Where was his Aussie accent?