Silver production is negative right now, meaning, the world's industries are consuming over 10 times the silver being produced/mined, all going to to electronics. Your tv, cell, pc, car, all have silver in them.
No if people did their reseach they would find that PHYSICAL Silver IS in a bubble. A Reverse Bubble. Thats not taking into acount that the banks are trading paper silver, JP morgan is not alone, all of them do it. buy physical silver and pop the R-Bubble!
@jakethefreak1 YES!!! Remember back when gold and silver was the only money? Everyone had gold and/or silver then. IF the fiat system falls down flat on its face thanks to money printing and the world went back to some sort of precious mental money system ... what happens to the price of PMs? And what happens to the net wealth of those who hoarded PMs before the fiat system ended and gold/silver became money again?
This video right here is proof enough that there is a bubble. When measly peasants like yourself start hoarding commodities, of course we're going to see a supply squeeze, while the whole time you guys are standing there acting like no one else has piles of gold and silver. Silver, historically, has not been an investment metal. Now we have people all over the world hoarding little piles of it, and yes, that adds up.
Anyways, the reversal has begun, let's see how long it lasts.
@bweazel Little pile of precious metals ... or a huge and ever growing pile of paper ticket money. It's a one way bet. Paper goes down, everything else goes up.
@MrPhajlee But ... IF gold and silver are presently in a bubble as many people are claiming (in my opinion wrongly) then how can I, a mere peasant, afford so much of the stuff when it is so rare? Were they in a bubble then surely even silver would be beyond my reach?
You for got to include the annual creation of money at 6 trillion = 6000 dollars each year and the majority of the people on this planet work for $2 a day.
Very good video, so true, fyi
Silver production is negative right now, meaning, the world's industries are consuming over 10 times the silver being produced/mined, all going to to electronics. Your tv, cell, pc, car, all have silver in them.
No if people did their reseach they would find that PHYSICAL Silver IS in a bubble. A Reverse Bubble. Thats not taking into acount that the banks are trading paper silver, JP morgan is not alone, all of them do it. buy physical silver and pop the R-Bubble!
TheTrueJBV3737 11 months ago
Missed this very nice vid while I was out of town last month. I enjoy knowing that I help blow the curve on metals ownership. =^[.]^=
Raycheetah 1 year ago
havent you just bought the shares of all the other people who didnt buy it over all the years its been produced.maybe im wrong?
jakethefreak1 1 year ago
@jakethefreak1 YES!!! Remember back when gold and silver was the only money? Everyone had gold and/or silver then. IF the fiat system falls down flat on its face thanks to money printing and the world went back to some sort of precious mental money system ... what happens to the price of PMs? And what happens to the net wealth of those who hoarded PMs before the fiat system ended and gold/silver became money again?
0muffins0 1 year ago
This video right here is proof enough that there is a bubble. When measly peasants like yourself start hoarding commodities, of course we're going to see a supply squeeze, while the whole time you guys are standing there acting like no one else has piles of gold and silver. Silver, historically, has not been an investment metal. Now we have people all over the world hoarding little piles of it, and yes, that adds up.
Anyways, the reversal has begun, let's see how long it lasts.
bweazel 1 year ago
@bweazel Little pile of precious metals ... or a huge and ever growing pile of paper ticket money. It's a one way bet. Paper goes down, everything else goes up.
You can't eat fiat.
0muffins0 1 year ago
just because there isn't much of something is not proof in of itself that that substance will become more valuable.
MrPhajlee 1 year ago
@MrPhajlee But ... IF gold and silver are presently in a bubble as many people are claiming (in my opinion wrongly) then how can I, a mere peasant, afford so much of the stuff when it is so rare? Were they in a bubble then surely even silver would be beyond my reach?
0muffins0 1 year ago
Nice!!!!!!!!!!!!!!!!
Andy.
NowisEvollovetion 1 year ago
Just to let your subscribers know that Arian Silver, ASLRF is a penny stock that is starting to go balistic. Check it out Silver friends.
Lengarces 1 year ago
You for got to include the annual creation of money at 6 trillion = 6000 dollars each year and the majority of the people on this planet work for $2 a day.
davincij15 1 year ago
great vid :)
RainstormGB 1 year ago
Good point -if my math is correct silver should currently be $140/oz
buzzz121 1 year ago
ummmmmmm?
WorkJoker 1 year ago