@@jake8077 In Mark Twain's day, a bank would loan a farmer to get his cattle, farming equipment, yet as soon as the market looked shaky, the bank would call in and demand the loan amount paid back in full - and the farmer would lose everything.
They don't make them like they used too. The Innocents Abroad is a must-read! I loved when he traded for "bushels of worthless coins" in order to make a local purchase, and nearly bankrupted the money changer with his 1 gold coin. All of his compatriots paid in gold, and it saved them on many occasions.
😂😂😂 Silver shortages, deficits, being insurance , a hedge “BS!!Silver futures contracts physical contracts are not 410 to 1 The actual is about 10.26 to 1.!! PM pimps, Social media, TH-cam cons/shills and dealers use the fake 400 to 1 to sell precious metals (at high premiums).😂😂 All hype opium and propaganda!! The above-ground stock of silver is estimated to be around 1.5 to 2 billion ounces annually. However, when considering the cumulative amount mined over thousands and thousands of years, some estimates suggest there’s 1 trillion ounces of silver in total above-ground stock. Annual demand = 1.25 billion oz. 🤷♂️😂😂
@@IamSahilMehta Why then is silver disappearing? One reason is not enough mines, but there are newer ones developing, wherever they get permission from the country they choose. Silver is used for many things, but gold is to hold for security. Silver can be used for barter, and it is, or has been cheaper, than gold. It will be interesting to see where it goes.
My thought is simple. Silver is the enemy of the banks. I'm not leaving my money in no bank at less than 1% interest. I would rather by silver or gold and bury it first. Dig it up when I need it.
I believe most people are ignorant regarding Silver and that's how the powers that be want it. Spread the news and Explorrrrrrre the wonders of the precious metals world of Silver 🎉
@@SmithsnMoz A tantalizing diversion are the cryptos. Likely the dollar can now be in that category of currency.. Silver is clunky for sure and open pit mining is not environmentally friendly. Neither is Bitcoin for that matter. Even if the powers that be did not create Bitcoin, they will either control or destroy it. We all live on Roman tax plantations. Failure to pay will bring the legion to our door.
I read a comment on the last video claiming silver was last used as money by boomers and nobody uses it anymore, which does seem true. But silver rallied once and has a lot of intrinsic value. Well more than paper or numbers on a computer. And hasn’t done anything in almost decades
Thanks Sal. My go to morning channel! Always informative and real! It's getting harder to get reliable information on TH-cam. Gambling channels and Hype are taking over!
I keep hearing about the supply shortage in physical silver amounting to millions of ounces per year. But premiums for physical keep going down. I can’t reconcile these two in my mind. Worth an entire video IMHO.
That’s because the Military Industrial Complex suppresses the price so that they can afford to continue making cruise missiles, harpoon missiles and other types of military applications. That's our govt at work.
Central Bank Fractional Banking System is a racket! Silver is "The Bank of What's Happening Now". Gold is that bank's foundation. I will keep depositing FRNs into my personal branch. It's open 24/7/365. Trading Reciprocity is available. TY for nice video, SAL.
Thx Sal. Great Video. And Awesome Info. Plus Smashing SILVER Showcase. My only answer to everything that's happening right now is. Keep Stacking GOLD & SILVER. And don't loose those Diamond Hands. Everyone who Already sold most or all of there GOLD & SILVER, will be kicking themselves when GOLD & SILVER are re-valued hear shortly. U ROCK DOC. 👍👀🖖👻🤘😎🎸🎶🎵
I always thought the banks own the insurance companies, and last week they took a royal ass whopping in Taxifornia, and the month before in the South East USA. Don't worry Uncle Sam will keep printing money forever.
I really enjoy silver. I love to hold and look at it, but I really don’t think the price of silver will go up by much from where it is now. If you buy it,you pay over spot, when you sell ,you sell under spot. It is not an investment, it is a hobby ….and one I enjoy.
Gold to Silver ratio should be 1 to 10 According to 1 Chronicles 22:14 “Notice I have taken great pains to provide for the house of the LORD - 3,775 tons of gold, 37,750 tons of silver, and bronze and iron that can’t be weighed because there is so much of it.” Silver = $270
Did you see the news report from Tampa about the silver “dealer” in Bradenton, FL selling gold and silver but then not actually sending the product? Apparently he’s been busted for this once before and decided to try again
Right now there just aren’t enough buyers to keep the price much above 30. That being said, I do expect a pullback this year to buy more before heading to 40-50 in the next few years, mostly due to the devaluing dollar.
Huh? India and China and Russia and Iran are buying PLENTY of Silver. The ONLY reason the price is at 30$ is because of ILLEGAL MARKET RIGGING using PAPER SILVER.. ...which will end. Probably sooner than later.
If your plan involves selling silver when you need to be able to do it, make sure you can sell it. In the present world, not everybody takes silver, and if they do, they will set the price they will pay.
Why do you all panic when people are selling. When you factor in the cost of living with all the disasters at the moment then there's no wonder people are dipping into their stashes to survive
SalivateMetal, I have heard the silver market is small,I have heard the silver markets may be manipulated, but I believe it’s the first time I heard the silver market is complex…👍🏻
My wife losses her mind when buying PM’s, I’m constantly have to reel her in. Stacking is not going in deficit when purchasing. It’s about buying at a bases of affordability per month. Deals today are deals that can be made next month. Steady and level as we go. Keep stacking buy the dips or buy the deals.
@@GiacomoRavioli well I don’t hardly sell but I have a jeweler that buys and he very fair but I think Facebook marketplace to individuals would probably be the best. In a bank lobby or some high traffic no nonsense kind of place. Haven’t sold any face to face like that.
Im HOLDING my Silver !! Picking some up still, but more Gold these days !!! I Stack for Many reasons!! I Stack OTHER things for ONE reason !!!...... Interesting video Sal !!!
Must be a round. Looks like the same design as the Texas commemorative half dollar from 1936-ish but there is no date and there are stars around the rim instead of the usual lettering. Nice design. I wonder whether the Alamo is on the other side.
Given the manipulation ❤😂 shortage of the physical metal over the last four years, and the price does not reflect it’s growing scarcity. Why don’t the minors demand more for
Kids demanding more for their silver? Miners not minors. Silver is usually not the target mineral they are mining, usually a byproduct of copper, lead and gold mining. They are pulling it out regardless and processing it as they preocess the other minerals that makes production cheap and the silver an extra source of income not the primary.
If Central Banks aren't buying it then it doesn't matter what they say. It only matters what they do. Right now they are still paper Trading it Multiple times more then amount available to keep price suppressed . This will continue . Is there really anyway out ? Think about that when you realize its Naked sold 1000 to 1...
The only silver I would purchase right now is 2025 American Eagles,just so that I have some in 2025, in case spot price spikes ,or premium$ spike$,handful of 2025 would be fine, hold some,DCA some ,gift some …
What is the blind squirrel theory? This expression means that even if people are ineffective or misguided, sometimes they can still be correct just by being lucky.
Wrong. I've been right about gold and was right about silver this year and about a lot of things. You just haven't been paying attention. I defy you to give me 3 examples of where I've been wrong other than were I've already admitted to.
@ I may have answered some of your questions in the livestreams. I miss some comments, obviously as the channel grows. But I get to many questions people ask. I don't remember many comments from you. However, if insulting is the way you use to get attention, then I think you have some growing up to do. If you are mad because I didn't answer all your questions before, then this is not how you take it out.
Mark Twain put it succinctly. " A bank will loan you an umbrella, but demand it back when it starts raining "!
i dont get it??/ what does this succinty mean? and why would a bank lend you an umbrella ... did that really happen?
@@jake8077 In Mark Twain's day, a bank would loan a farmer to get his cattle, farming equipment, yet as soon as the market looked shaky, the bank would call in and demand the loan amount paid back in full - and the farmer would lose everything.
You have a thoroughly modern education.
They don't make them like they used too. The Innocents Abroad is a must-read! I loved when he traded for "bushels of worthless coins" in order to make a local purchase, and nearly bankrupted the money changer with his 1 gold coin. All of his compatriots paid in gold, and it saved them on many occasions.
😂😂😂 Silver shortages, deficits, being insurance , a hedge “BS!!Silver futures contracts physical contracts are not 410 to 1 The actual is about 10.26 to 1.!! PM pimps, Social media, TH-cam cons/shills and dealers use the fake 400 to 1 to sell precious metals (at high premiums).😂😂 All hype opium and propaganda!! The above-ground stock of silver is estimated to be around 1.5 to 2 billion ounces annually. However, when considering the cumulative amount mined over thousands and thousands of years, some estimates suggest there’s 1 trillion ounces of silver in total above-ground stock.
Annual demand = 1.25 billion oz. 🤷♂️😂😂
NEVER Trust the Banks! 😮
I am responding to your comment verbally on a live stream at this very moment!
Even Rosecroix, that is related to Mansonry, ask as to be aware about banks, that is even in their main book about finances!!!!!
Allegedly, India is buying physical silver by 100's of tons per month. Yet, we're also being told there is a shortage of silver worldwide...huh ?
There is a difference between supply deficit vs shortage. There is a supply deficit, doesnt mean 'it is not available at all'
@@IamSahilMehta Why then is silver disappearing? One reason is not enough mines, but there are newer ones developing, wherever they get permission from the country they choose. Silver is used for many things, but gold is to hold for security. Silver can be used for barter, and it is, or has been cheaper, than gold. It will be interesting to see where it goes.
Have a look at the London LBMA outflows and lack of inflows recently.
India buys whenever the price drops below the 200 MDA.
I would buy 100 tons of Phy Silver too if I had the space to store it. Mints amd refineries are having a gala time it seems
My thought is simple. Silver is the enemy of the banks. I'm not leaving my money in no bank at less than 1% interest. I would rather by silver or gold and bury it first. Dig it up when I need it.
Exactly
BYOB!!! If ya know, ya know ;)
You’re right
thanks for the reminder ,get your money out of your savings account and buy precious metals…
I am responding to your comment verbally on a live stream at this very moment!
Can we really trust what any bank says?
Most likely not, but , maby there are a few honest folk's 😅
Nope
NO !!
Never trust any bank or any ad over 30 seconds long
I believe most people are ignorant regarding Silver and that's how the powers that be want it. Spread the news and Explorrrrrrre the wonders of the precious metals world of Silver 🎉
Howdy Rob.
Most ppl are ignorant that gold and silver are money.
There's a reason why the powers that be created BITCOIN...😅...
@@SmithsnMoz A tantalizing diversion are the cryptos. Likely the dollar can now be in that category of currency.. Silver is clunky for sure and open pit mining is not environmentally friendly. Neither is Bitcoin for that matter. Even if the powers that be did not create Bitcoin, they will either control or destroy it. We all live on Roman tax plantations. Failure to pay will bring the legion to our door.
I read a comment on the last video claiming silver was last used as money by boomers and nobody uses it anymore, which does seem true. But silver rallied once and has a lot of intrinsic value. Well more than paper or numbers on a computer. And hasn’t done anything in almost decades
Thanks for your continued insight into the precious metals markets Sal.
I am responding to your comment verbally on a live stream at this very moment!
Physical gold and silver to the moon
I am responding to your comment verbally on a live stream at this very moment!
That just means that the dollar is quickly becoming worthless!
What I'm more curious about is why BofA feels like talking about Silver at a time like this
But first .... a little Bofa
Thank you Sal, for always keeping us updated as to what is happening in precious metals.
I go all in let's buy some more fisikol gold and silver 👍👍👏
Salivematel the best channel always great too hear you 👍👏👏
Thanks Sal. My go to morning channel! Always informative and real! It's getting harder to get reliable information on TH-cam. Gambling channels and Hype are taking over!
I am responding to your comment verbally on a live stream at this very moment!
If you can afford to stack a little every month then do so. I'm retired and try to add a little every month.
Turning Social Security dollars into silver is so fun and smart.
I would hedge every dollar against the bank's advice.
I keep hearing about the supply shortage in physical silver amounting to millions of ounces per year. But premiums for physical keep going down. I can’t reconcile these two in my mind. Worth an entire video IMHO.
That’s because the Military Industrial Complex suppresses the price so that they can afford to continue making cruise missiles, harpoon missiles and other types of military applications. That's our govt at work.
I am responding to your comment verbally on a live stream at this very moment!
The mining of silver is less than the world market, but some hoarders are selling, so the supply is not strained, yet.
Central Bank Fractional Banking System is a racket!
Silver is "The Bank of What's Happening Now".
Gold is that bank's foundation.
I will keep depositing FRNs into my personal branch.
It's open 24/7/365.
Trading Reciprocity is available.
TY for nice video, SAL.
I am responding to your comment verbally on a live stream at this very moment!
Come on y’all Sal works hard on your behalf and benefits. Show some love ❤and SUBSCRIBE.
Thank you sir 🙏
Never trust big banks!
Great podcast Sal, always enjoy listening to your thoughts.
Thx Sal. Great Video. And Awesome Info. Plus Smashing SILVER Showcase. My only answer to everything that's happening right now is. Keep Stacking GOLD & SILVER. And don't loose those Diamond Hands. Everyone who Already sold most or all of there GOLD & SILVER, will be kicking themselves when GOLD & SILVER are re-valued hear shortly. U ROCK DOC. 👍👀🖖👻🤘😎🎸🎶🎵
I am responding to your comment verbally on a live stream at this very moment!
Aren't the big banks shorting silver, why would anyone trust what a bank says about any commodity?
I always thought the banks own the insurance companies, and last week they took a royal ass whopping in Taxifornia, and the month before in the South East USA. Don't worry Uncle Sam will keep printing money forever.
Regardless of what I watch on TH-cam I just keep stacking just picked up a few more ounces today.
Silver is doing just fine.
I hope the price drops so I can stack harder
I really enjoy silver. I love to hold and look at it, but I really don’t think the price of silver will go up by much from where it is now. If you buy it,you pay over spot, when you sell ,you sell under spot. It is not an investment, it is a hobby ….and one I enjoy.
I am responding to your comment verbally on a live stream at this very moment!
Thanks for keeping tabs on the silver scene for us while us working stiffs try to make a buck, Ha! Keep stacking Folks!
Its biggest driver is an ETF 🙄 without which there would be stability, last several hundred years as proof.
Gold to Silver ratio should be 1 to 10 According to 1 Chronicles 22:14 “Notice I have taken great pains to provide for the house of the LORD - 3,775 tons of gold, 37,750 tons of silver, and bronze and iron that can’t be weighed because there is so much of it.” Silver = $270
Those are some really awesome looking coins Mister SM
Drool.😊
Did you see the news report from Tampa about the silver “dealer” in Bradenton, FL selling gold and silver but then not actually sending the product? Apparently he’s been busted for this once before and decided to try again
I am responding to your comment verbally on a live stream at this very moment!
Right now there just aren’t enough buyers to keep the price much above 30. That being said, I do expect a pullback this year to buy more before heading to 40-50 in the next few years, mostly due to the devaluing dollar.
Lol 😂..clueless you are. The big banks decide the price by how much paper silver they slam the price with. Etf control the price.
Huh?
India and China and Russia and Iran are buying PLENTY of Silver.
The ONLY reason the price is at 30$ is because of ILLEGAL MARKET RIGGING using PAPER SILVER..
...which will end. Probably sooner than later.
Like every one who dreams of placer mining when I retire, I can't resist learning more about metals. Great presentation.❤
If your plan involves selling silver when you need to be able to do it, make sure you can sell it. In the present world, not everybody takes silver, and if they do, they will set the price they will pay.
Why do you all panic when people are selling. When you factor in the cost of living with all the disasters at the moment then there's no wonder people are dipping into their stashes to survive
Good morning Sal and friends 🎉🎉😂😂Will this year PLEASE BRING ME some good health and fortune PLEASE 😂😂😂😂pretty please….
I am responding to your comment verbally on a live stream at this very moment!
Great report Sal!
Thank you sir 🙏
SalivateMetal,
I have heard the silver market is small,I have heard the silver markets may be manipulated, but I believe it’s the first time I heard the silver market is complex…👍🏻
I am responding to your comment verbally on a live stream at this very moment!
Thanks
My wife losses her mind when buying PM’s, I’m constantly have to reel her in. Stacking is not going in deficit when purchasing. It’s about buying at a bases of affordability per month. Deals today are deals that can be made next month. Steady and level as we go. Keep stacking buy the dips or buy the deals.
Good afternoon Sal!!!
Remind that the Real de a 8 Spanish coin (first worldwide spread coin) was accepted legal tender in the US until 1860s
i just subscribed and i feel better already, and lucky. i recommend it
I am responding to your comment verbally on a live stream at this very moment!
Gold fell to 2700 and silver fell 50 cents? I'm beggining to think if gold goes to 4000, silver will go up a buck.....
I am responding to your comment verbally on a live stream at this very moment!
Some Pawn shops have a good price when buying gold silver
Shhhhh! That’s where I get my deals.
Hows about when selling?
@@GiacomoRavioli well I don’t hardly sell but I have a jeweler that buys and he very fair but I think Facebook marketplace to individuals would probably be the best. In a bank lobby or some high traffic no nonsense kind of place. Haven’t sold any face to face like that.
Im HOLDING my Silver !! Picking some up still, but more Gold these days !!! I Stack for Many reasons!! I Stack OTHER things for ONE reason !!!...... Interesting video Sal !!!
I just go around to different bullion websites and take their "first time buyer" at spot price deals haha
No they lie.
No big bank activity for 5 days on COMEX.
Something is going on. All capital one accounts have frozen this week.
TAFFIFFS ARE TAXES AND A BAD IDEA TO TAFFIFF CANADA !! They will hurt BOTH sides !!! #924
Some amazing Silver in this video.. (yes even the Panda)
But my favorite is the eagle in bottom left corner.. is that a round?
Must be a round. Looks like the same design as the Texas commemorative half dollar from 1936-ish but there is no date and there are stars around the rim instead of the usual lettering. Nice design. I wonder whether the Alamo is on the other side.
Wake up coffee w/ SAL ☕⏰☕⏰ BUY THE DIPS 🎉💕😺😺
Great video silver 🎉
Thank you my friend
I’m still buying☕️☕️
It's bizarre that people are able to purchase gold and silver with fiat currencies. An exchange of fake money for real money! LOL!
I would like to know where their selling with no premiums! In your opinion, what's a good price for one ounce of silver? 🤟👍🙏🙏🙏
There’s a coin shop in Florida selling constitutional coinage (90%) at spot. - Vermillion Enterprises.
Given the manipulation ❤😂 shortage of the physical metal over the last four years, and the price does not reflect it’s growing scarcity. Why don’t the minors demand more for
Kids demanding more for their silver? Miners not minors. Silver is usually not the target mineral they are mining, usually a byproduct of copper, lead and gold mining. They are pulling it out regardless and processing it as they preocess the other minerals that makes production cheap and the silver an extra source of income not the primary.
Lie=BANKS. I LEFT THEM YEARS AGO.
I would like to buy some more if we get a dip first ? DO you think t hat's likely?
Be patient! Dips coming. You must be prepared to act fast or else wait for the next dip.
Don’t wait too long, just look at the US debt clock, dollar to silver ratio.
If Central Banks aren't buying it then it doesn't matter what they say. It only matters what they do. Right now they are still paper Trading it Multiple times more then amount available to keep price suppressed . This will continue . Is there really anyway out ? Think about that when you realize its Naked sold 1000 to 1...
Morning All!
I've got a way better Return from the gold 🥇 I've got last few years,Than the silver 🥈
Two more weeks!! 😂😂😂
I rate Banks right there with Insurance companies and used car dealers.
The only silver I would purchase right now is 2025 American Eagles,just so that I have some in 2025, in case spot price spikes ,or premium$ spike$,handful of 2025 would be fine, hold some,DCA some ,gift some …
I am responding to your comment verbally on a live stream at this very moment!
Giving Summit Metals a try. We'll see how it goes.
I tend to believe in Banks as did Jesse and Frank James 😊
Silver bullion can have sharp edges and can be harmful toward women
Nah silver could be harmful to anyone🎉
That being said I'll take all your silver
**** Banks!!!
First? Sorry, but I just do not trust anyone with my money. Good video and thumb up.
I have many old coins, i want sale can u help me
I hope silver goes up skyrockets then I'll sell
Me too.😊
I’m guessing by July blast off
Thanks for your video
Premiums only help you get broker fast.
As someone who is 20 years away from retirement if at all, I would love to see silver take a big pull back in price so I can stack more.
I think all those bombs missiles etc flying back and forth are taking up the slack. Crypto col
blind squirrel story
What is the blind squirrel theory?
This expression means that even if people are ineffective or misguided, sometimes they can still be correct just by being lucky.
Silver is down
Hi sal morning #1617😂🎉
Buy satoshis
LMFAO.
No.
😮
😊
☕️
Hi
Slurp
Ey
🖲️
Bank Of A has switched over to utilizing XRP for internal uses.
You've been pretty much wrong and everything you said for the past couple years so.......
Wrong. I've been right about gold and was right about silver this year and about a lot of things. You just haven't been paying attention. I defy you to give me 3 examples of where I've been wrong other than were I've already admitted to.
@SalivateMetal after 30 questions I've asked you in the last 2 years you finally answer the one that got your goat up
@ I may have answered some of your questions in the livestreams. I miss some comments, obviously as the channel grows. But I get to many questions people ask. I don't remember many comments from you. However, if insulting is the way you use to get attention, then I think you have some growing up to do. If you are mad because I didn't answer all your questions before, then this is not how you take it out.
🫎🫎