Extreme Silver Analysis - Why $50 is Next

[Buck0fama]

silver's now $28, so much for your chart analysis

[endlessmountain]

@Buck0fama silver made it to that level in late april with a high of 49.81.

[Joe11Blue]

This is what I figured as well. Only now I set my buying in limit at $50. After $50 I will wait and see where the adjustment goes From everything I have read the manipulator's will be SOL after $50. Hence the reason I'm hopping back onto the fence after $50. I will buy back in again if it break's $80, or drop's below $50. Obviously, I'm hoping the manipulator's keep trying after it hit's $50 to drive it down more.

[nepenthean]

ace vid mate! I like the way you put it, ' an appointment with 50USD'.

thanks!!!

[flaunttnualf1]

@endlessmountain: When looking at 30 year time-lines and predicting prices, is there any value to adjusting prices from nominal to real present-day values? In other words, does it change the analysis at all when you consider that silver would have to go up over $100 to actually match the 50 dollar high in the 80's?

[endlessmountain]

@flaunttnualf1 Using psychology I realize inflation is a for sure thing in this world which means that when $50 is next it is not the same type of market it was in Jan/80 and thus you can try and determine if in 1980 Silver was over valued at $50 what is $50 today? Over valued, regular valued or under valued? I would take an educated guess of under valued and then a regular valued level may be in the high $100s or low $200s. Then if you want to see this clearer use a non CPI inflation chart

[loudandright]

Isnt this whole fibonacci stuff wishfull thining with an mathematical overtone.

I think you can rationalize every chart and pick and chose thing to fit your theory...

Not to put you down... the whole world uses it, right.

Maybe there is room for a counter theory. Using the fact people use this fibonacci stuff and try to predict the people minds instead of predicting the future...

[fuzzywzhe]

@loudandright "I think you can rationalize every chart and pick and chose thing to fit your theory..."

If a significant proportion of the population believes astrology drives the market, they will use astrology to determine when to buy and sell on the market. Their purchasing and selling pressure causes the market to conform to their beliefs.

But at the end of the day, fundamentals always win, eventually. But it can take 100 years.

[Out9922]

The manipulation is the X factor here. You can not compare. But good video none-the-less. The upside will be more explosive right now. Silver to the Moon!!

[endlessmountain]

@Out9922 Ouch, its better than "None the less" because manipulation is a reason why these levels are next very quickly, or better yet the charts track the manipulation done and adjust based on the volatility and movements accordingly.

[buffett1000]

Buy AGQ.l

London AIM listed Silver MIner, well funded, zero debt, massive silver resource, £150m market cap...44p now.

[YVRSURF]

Miner they are risky , just buy the 200% silver ETF, HZU.TO

[gdnimrod]

@YVRSURF if youre buying an holding (i presume you are, for the long run) youre way better off with a plain vanilla SLV or SIVR. decay and tracking error kills you on any leveraged etf. you will basically lose $

[YVRSURF]

@gdnimrod you presume wrong , i understand the decay this play is used wail silver is tracking up, trading vehicle

[endlessmountain]

@gdnimrod no thanks, i'll take bullion over paper

[apelove4u]

Good Vid Derek, but you you really should get more involved in the Miners. We could see many silver stocks go up 20X or more.

[endlessmountain]

@apelove4u miners are only priced in fiat dollars and I do not respect the casino bookies you need to play them, so no I should not get involved in that paper ponzi scheme.

[ehswan]

@apelove4u No, mining depends on complex systems which are currently falling apart. We shall be pulling far less out of the ground in the future than we have in the past. Mark my words. Scarcity and austerity are the future. GOT SILVER? Get some!

[whygoldandsilver]

good one derek

[n4zou]

I sense we've seen the last of the dips. It's all up from here. Buy physical while you can.

[DeeeArrrEsss]

One of your better presentations. Nice vid!!

[DKPrepper]

Has JP Morgan realized it's silver manipulation futilty and backed off? If not, when have they ever let a big silver jump stew over the weekend without kicking it back ????

[kindlewaters]

mentioning timewave zero certainly keeps me interested in your videos. knowledge impresses..

godspeed friend.

[Alexiscom1]

Is that means that a lot of people will rush to sell at 50$ if we see it in 2-4 months time ? How the technical analysis works in hyper-inflation? Lets say Oil is at 130$ in June 2011 is that 50$ level is a profit taking one? My take on that is that I would wait for the monetary reform first before start selling silver. Derek, what would you say?

[1bchrisd1]

whats up with silver?????? 32.73 right now!!!

[panam77]

One of your best charts Derek, thanks very much man... been watching your channel for a year and am grateful. Just hope you've increased your position in silver!

[Nkatsikanis]

haha love the face analysis

[PurpleHeart1]

Very professional video! Thanks man!

[Wittmann73]

btw,Mike Maloney calls 50$ Silver a "no brainer". He is right.

[Wittmann73]

the silver train hasnt even left the station.

[Nkatsikanis]

So if I have 5k disposable savings , how much should I invest in silver today?

[mostlymichaelcanada]

@Nkatsikanis Whatever the amount of silver you buy, I'd recommend that you also allow for 20% into gold. A little diversification isn't a bad idea.

Just my .02 :)

[Nkatsikanis]

@mostlymichaelcanada cheers

[1984IcameandIstayed]

Considering that we are going thru a time in silver history probably never to be seen again, what do you think about the idea of maxing out your credit card to buy a huge load before it goes past 40 or 50?

[NowisEvollovetion]

Thank you derek, stick with it my old mate, we are onto a winner.

Andy.

[Luiyi385]

Brilliant !

[deelean]

Excellent analysis, thank you Derek

[slobomotion]

Uprated. Very good video.

[RyanB0011]

No offense but that "frog in your throat" sound of your voice gets annoying after 15 min. :P Sounds like phlegm or something in your airway.

[p3natrator]

man I knew I shouldn't have listend to my g/f on 4/1/11 silver was at 29.12 and it was on a friday which it had lost 30 cents. I almost bought 300oz but then wanted to wait ti'll that monday to see where it was going to go. well that monday it went up 50cents then that tuesday it went up to 30.12 and that when I said enough was enough and put tape on my g/f's mouth and bought in for 200oz. So if you people are thinking of buying in dont bite your tongue and be pissed at yourself later on.

[shawnaspen25]

TWO GREAT LITTLE MINING STOCKS! USSIF & CLHRF!!!!

[gasdorf]

silver bugs attacking JP morgan

[limitedplay]

does it make sence that a weeks worth of groceries costs me 3.5 silver eagles?

Not really considering its a genetically modified crap full of artificial crap? Thats my synopsis.

[van1976]

But last time silver hit $50, well there was "Silver Thursday"...historically speaking.

btw I BUYING..so far so good

[beachboy8995]

Although this chart is fantastical, please remember that interest rates shot up to 20% in short order around this time. The Hunt boys, the interest rate explosion, and several other factors fed the "short lived" frenzy. Contract settlements at the end of this month should be quite interesting.

It's an awakening to reality. This time is different. Solid fundamentals in place.

Mainstream is beginning to cover the story more and more. Mid stage 2 won't last long. 40 is a bargain

[xmenrus]

The all time silver high of $50.00 was in 1980. If your numbers at not inflation adjusted then the rise in silver prices are not to exciting. Prices need to reach about $145.00 per oz, adjusted for inflation, to bring silver to it's all time high. There is quite a ways to go unless all hell break lose with the price of oil, rice, flour, wheat etc. and of course inflation and/or the DOLLAR losing its position as the world's currency, which could happen suddenly.

[Cyrus992]

Eventually the banking manipulation and the low gold/silver ratio will explode the silver market!!

Thank goodness I bought some more shares!!

Look based on the best car scenario with the top line boundary of the silver market, looks like we will see $45 around April-June...

I was thinking may be I should borrow money to invest in some silver.. even though liabilities for the most part are considered rip-offs! I mean at least those brainwashed youth can do that instead of college debt

[hejira11]

:)

[0urGaia]

Wonderfully relaxed presentation as always. On King World News Turk said that when silver goes hyperbolic it will be a sign that hyperinflation has entered the economy. You mentioned hyperinflation as well, do you also see hyperinflation as a 100% certainty.

[RenegadeTimes]

I'll keep it short and sweet ! Woo Woo !

[syyenergy7]

I definitely think silver is going up. But one common sense observation is that people get all excited when their silver is worth more US Dollars. That says the US dollar is still far from dead. I like that 1979 chart comparison. It also may Possibly indicate another pullback before it really takes off to 45, 50 and above. I think 400 may come into play more from very high inflation. In steady dollars I would doubt 400. But very high inflation does look certain in the future.

[endlessmountain]

@syyenergy7 how do you define far? 2 days, (yes), 2 weeks (probably yes), 2 months (most likely yes), 2 years (unlikely, but possible), 2 decades (yeah right). A lot of it depends on when that moment is when the earth hits the zero date from the timewave zero. If it is August of 2011, then its in the the next 4-16 months. If it is Dec/2012, then its probably a bit before or after then.

[syyenergy7]

@endlessmountain I do agree that the US Dollar will be greatly devalued this year, 2011 and even much more so in 2012. Physical is a smart buy. With the ETF's it's very tricky and they control that. Spot could still take a quick but brief dive down. The uptrend in never smooth, especially with silver.

[jimbobubbadj]

@syyenergy7 In the future things will be priced directly in ounces and grams of silver, gold and copper. The US dollar and all other fiat will be dead then. There may be paper representations of real gold and silver if so will be in weight of these metals not some arbitrary dollar "value".

[syyenergy7]

I can easily see 50 or 85 but 400 or 500? There is a lot more silver out there than people think. Example: Hacienda 3 in AZ, has almost 8 million ounces per sq mile just to 100 ft depth in the magnetite iron oxide. They would move in there so fast with Extra-tec HPC-400 mining equipment & mine super fast. Plus there is Hacienda 1 through 6 each one bigger than 1.5 sq miles that can go to a depth of 1,000 ft! Than there is Gold Dust 1-4 and Gold Pan 1-4 in Calif. Just some examples.

[Kashmir2000is]

I am really greatful to you and others here on youtube, where I learned so much about the importance in investing in silver and gold. You and others here have helped give my family and I a sense of security during this crazy time. Your time and efforts are appreciated.

[vambo13257]

Great info, your videos are always well thought out and offer a lot of substantial data!

[dowhatuwill]

Fascinating analysis. Love to hear you so bullish! Roll on $50 and beyond. Do you see it there this year?

Thanks.

[artdeco101010]

You're analysis is one of the best things on youtube !

[JOConnor100]

Thank you for the update. I was thinking the hunt brothers high was the next level too.

[MrPhajlee]

very nice presentation and I enjoyed the smiley face to break the tension.

[ksabin711]

awesome video endless.

[IrradiateTheNWO]

I believe this rally really began when the US depleted their strategic stockpile of Ag at the turn of this century.

[MrNeoAleus]

Terrific presentation! I have bought silver but thinking about accumulating more, do you think it would be wise for me to purchase more ounces at these current prices? I've been waiting for it to dip below 30 but that hasn't happened and I believe the ship has sailed. What do you think in your opinion?Buy now or hold and wait for it to come down? thanks.

[endlessmountain]

@MrNeoAleus The physical didn't dip below $30, but it did go to $26.30 last month. There really isn't a bad time to buy at these levels because of the long term probability odds both technically and fundamentally because the $19ish level has shown us a confirmed breakout and thus it makes it a great play to buy anywhere below $42 for this breakout.

[bbaction101]

so should I buy some more now or wait for it to dip again?

[endlessmountain]

@bbaction101 depends on your time frame and situation. If its long term then buy is strong now. Based on charts shorter term the buy was earlier today and now this gain has been played you would want it to correct through time or price before getting back in. There are several strategies for entering in "LONG". Wait for it to retrace a key technical level and a confirmation break out above $32. Within' that you would not buy until its at least $34.00 when the techs confirm a breakout.

[sinterminator]

@bbaction101

buy dollar cost average : you buy every month a little bit, you'll sleep better if you don't have to worry about the dips and the peaks

[TeMpTeK1]

Were all Hunt Brothers Now!

[solojam]

50 guarenteed, then 100, and over 200-300, then a ridicoulous jump to prob 500 to complete the blowoff top

[a10fjet]

Im soooo torn between eventually selling it when it gets monsterous growth, in hopes that it will go down and i can stock up again, or holding it incase the currency collapses. im probably gonna hold it though but its tempting to sell

[KarlBrkr]

Thank you for that analysis. Looking forward to 700% higher move.

[62636263c]

This time around it is not the Hunt brothers, but rather many many small investors. Today we have a monster debt as a nation, and the dollar has lost some 97% of it's perceived value. We now have the Federal Reserve as the largest holders of US treasuries, and many Americans under water with debt and upside down on their mortgages. This time we go way way beyond 50.00.

[endlessmountain]

@62636263c big time on way way beyond $50.00 as it's looking to explode, I'll be counting the steps on price increase and in 2008 and on I was talking about $32 as the next level. Well that figure has been graduated now and confirmation is needed and its 100% likely long term and 95% likely short term. Next is$50 then followed by $75, $120, $190, $300, $500, $800, $1300, $2100, $3375 and on to infinity or to the end game. It's up to Big Ben to what this matter will reach I guess.

[62636263c]

@endlessmountain Truth be told, if not for the paper market we should have already been way beyond 50.00 with the noted dollar decline that has already occurred. I am buying hard at these levels as to lock in prior to what I think will be a parabolic move in silver over the next 6 to 12 months. As always, love the analysis.

[bonesnofoa]

I hope it does sell off, i just started picking silver up. This sheeple needs more.