Silver Price, Gas, Oil and Energy Prices

Silver prices long term should be going higher. I tend to view silver as a long term investment and a benefit to have should a full scale economic collapse or dollar crisis develop. Oil and gas prices I believe, will stay relatively high. I believe high energy prices are here to stay.

The future of the economic growth of any nation will depend on the amount of energy available. No energy means no economic growth. The Western economies expend a great deal of energy maintaining our current way of life and the emerging economies all are striving to improve their lives. Both will consume a great deal of energy.
http://english.peopledaily.com.cn/90001/90778/90860/7406056.html

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[lingsun52]

Silver and energy prices will continue to go up. The biggest reason wasn't even mentioned--the fact that the Federal Reserve is monetizing our debt. They are creating trillions of dollars out of thin air. In time we will have hyperinflation like Germany did in the 1920s. Already we've seen commodity prices going up. Corn, wheat, and cotton are up at least 80% over a year ago. Gasoline is up about 50%. The worst is yet to come.

[CommentaryUSA]

@lingsun52 Yes I understand the Fed printing etc. Its been discussed many times in my other vids. Thanks for the feedback.

[Johnnyrockva]

All I know is 1.21 Gigawatts makes a Flux-Capacitor work ;)

[CommentaryUSA]

@Johnnyrockva I better write that down. :)

[JezebelDecibel]

The more I listen to you the more respect I have for you. Silver is for saving on the long term just as you say. I got into silver to protect my savings & to continue to be able to save & store my hard earned money during this time. Buy the way, I love the Indian painting. I wish you & your family all the best :)

[CommentaryUSA]

@JezebelDecibel Thank you and best wishes to you as well.

[mphello]

@mphello ... do no good if we don't have every car, bus, train, boat, and airplane that COULD run on electricity - i.e. if there's no necessary power-density requirements - mandated to run on electricity.

The economy is just a byproduct of the usable energy and ordered matter.

[mphello]

@mphello For the same reason (Second Law of Thermo: entropy always increases, basically), creating too many people on this planet - a more complicated more ordered lifeform than a random collection of the same elements composing that body - and growing crops to feed pigs, cows, chickens unnecessarily - all people who can go vegan should - also vastly accelerates entropy, making energy unusable to sustain life.

Finally, all the electricity in the world (from nuclear or fusion) will...

[mphello]

The Second Law of Thermodynamics guarantees that Americans will NOT be able to live at the same level of comfort and lifestyle as the one-time anomaly of a free ride on oil has taken us. The greater localized energy source you try to create, such as nuclear or fusion inside a reactor, the greater the disorder outside that reactor. Need I say more than Chernobyl and Fukushima?

(regardless of whether the incipient event is human error or non-human)

[09SRILANKA]

Even over recent months I'm noticing more homes having solar panels fitted to their rooftops. I wonder how many homes will have systems within ten years? Maybe 1 in 100, maybe less. Green energy will cause silver price to explode.

[ravikingwrath23]

Good video. Glad to see you're still bullish on silver. I don't know enough on the energy side, but that is going to be important for our future, especially since we see that our "president" keeps shutting down coal plants.