The silver price is setting up the same fundamentals that pushed the palladium price up by five times over the past several years. While industrial demand was the overwhelming factor that caused the palladium price to skyrocket to over $2,500, investment demand will be the leading driver for the silver price explosion.
While this may sound like hype, the information explained in this new public video will show that silver is setting up for a major surge of investment demand and price. However, this isn’t something that will happen overnight. This will take several years to play out as the Fed, and Central banks continue to destroy the financial system with more debt and money printing.
We must remember, ENERGY is the leading driver of the ECONOMY, not finance. As the world heads over the ENERGY CLIFF, much of the Stock-Bond-Real Estate wealth will begin to evaporate. The precious metals, especially silver, will be some of the best STORES OF VALUE to own during this time.
IMPORTANT NOTE: we are not expecting or want another GAMESTOP for the silver market or price. Rather, we see more of the world waking up to owning the metals as a hedge against the collapse in the value of most stocks, bonds, and real estate.
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Great juxtaposition of palladium now with silver past and present. I backed a couple times to re-listen. Although this will continue for years, we’re close to an initial phase transition price adjustment. Weeks maybe. And a general market crash looming. Two sides of the same coin I guess. Creeps me out none the less.
Quote Of The Week~~
“All I know for certain is that I’m glad I own physical gold and silver…and that I likely don’t own enough.” –Craig Hemke
All I know for sure is I have more Gold today than I had on Jan one; Still ya can’t tell me things haven’t changed….almost a $300 premium on a Gold Buffalo? And something close to $10 premium on each ASE?? Thinking we are fast approaching the time when what you have is what you’re going to have. Wishing I had, ‘made it hurt’ even a little more when stacking over the past decade…..
CLEARLY there is /are issues with the Mints around the world……and pretty sure by the 1st of the week we’ll be seeing the headlines announcing this as FACT. Thinking the ponds are about to completely dry up…….
Hello 4 oz,
a have to agree, about the timing I’m not sure.
Palladium showed us a nice picture for solving problems in a finite world.
Everything is posible but in the end the shelfes are empty.
Goes Silver the same way? Yes and no.
The investment demand stays in competition to the Green Energy, and in order to save the planet – the rules have to be changed sadly.
At some point our freaky community become a dangerous part of the Empire –
like the Barbarians.
A rude awakening for all, followed by a heroic time.
“…Still ya can’t tell me things haven’t changed….almost a $300 premium on a Gold Buffalo? And something close to $10 premium on each ASE??”
The PM retail market [like online dealers] is very competitive. They are obviously paying a lot more over spot for newly minted coins, rounds, and bars.
HOWEVER…they only want to pay sellers a price that allows similar premiums over spot…AND they aren’t paying as much as they are for new inventory, so they are making more per secondary market coin than new.
Looking right now at the buyback prices from a well-know online dealer, they will pay you 27.82 for a 2021 ASE…but sell them for 35.31, a $7.49 markup, and about $9.50 over spot.
And my LOCAL coin dealer does the same thing; his buying prices are on his website.
It’s no wonder his inventory [posted on his website] is the lowest I’ve ever seen it. He’s out of most of what people want.
I guess he is enjoying less work & less sales. All he would have to do is raise his buying prices to get more inventory to sell.
“This will take several years to play out…”
I’m a bit confused about the timeline. Is it 2 billion ounces theoretically available for investment globally? So about 60 Billion $$ to wipe out existing reserves?. With all the trillions of dollars out there available for investment, in addition to every other overprinted currency as well and stuff like demand potential from India, it seems like just the tiniest fraction of all that hot “money” chasing precious metals could really send things smoking.
Note: I’m not projecting my personal desires onto this. I don’t even want it to explode out of control and thrust things into a Mad Max minus the cheap gas scenario. I just don’t get why this would take years from now, given the current situation.
TaxDonkey,
It will likely take some years for the SILVER STORY to become more mainstream as the fundamentals of the economy and financial system continue to disintegrate. I call it… when the public gets PRECIOUS METALS RELIGION. It doesn’t happen overnight… it’s a process.
steve
Steve,
I just thought of this: a much higher silver price will “bring out the dead”, by that I mean sets of silverware and sterling everything, silver scrap, and maybe even 80% silver Canadian coins to melt. Is there enough of that to make any difference?
DisappearingCulture,
Sure, we could see more scrap silver supply, but even when silver hit $50 in 2011, it was only 232 million oz of recycled silver compared to 181 million oz last year. When investors begin to get PRECIOUS METALS RELIGION, even if 2-5 billion oz came into the market as scrap, it still wouldn’t be all that much in the whole scheme of things.
steve
Hi, I have a question about why you think realestate would be falling down in price when the energy cliff hits? If energy will be much less available to the world, would building houses for people to live not become much harder, therefore every single house become much more appreciated? I don’t get the logic of world going over energy cliff impacting realestate badly, would love to hear your thoughts on that.
Best regards,
Perica
Perica,
The coming problem with Residential Real Estate is TWO-FOLD.
1) As we go over the ENERGY CLIFF, there will be less energy running the economy. Just think about the Texas Freeze Blackout. The Big Cities & Suburbs need a massive amount of ENERGY FLOW to function. As the energy flow falls, so does the functionality of real estate. There will be more foreclosures, bankruptcies, vacancies, and so forth. Basically, less energy means less real estate will be livable.
2) Because most homes have mortgages tied to them, they are propping up the home price. So, the ENERGY CLIFF will continue to destroy the value of homes because a large percentage of people will be out of work and won’t be able to afford the mortgage. Falling energy production will lead to falling real estate values in most places.
steve
On the subject of real estate:
I basically agree with Steve. However, I think this has got to be about the most complicated issue out there.
I agree that most real estate, especially in cities, will become worthless. But some in the far suburbs and country could become priceless.
What is everyone going to do in the meantime?
If I could give advice, it would be this: Buy (cash) a very modest, ranch-style house (easiest to heat and maintain) in the country on at least 3 acres, surrounded by houses with larger pieces of land. Hopefully in a farming area with good soil and alternating forest. Not too far from a small town/ village.
Of course, there are many house features I could mention, like high quality air tight wood stove with masonry chimney and hand-pump water well. However, I know this is not a survival blog.
Trust me, speaking from broad experience, I have to say this: If you live in a home with municipal water and sewer and/or no wood stove, you are setting yourself and your family up for some potentially bad consequences in the big unknown future.
No place is perfect and one never knows what will happen in any given area. But if you have a little place (hopefully no mortgage), far from the maddening crowds, fairly easy to heat, that is half-way livable without electricity, you are WAY ahead in the game of financial and physical survival.
I started my interests/investing in the precious metals in 2009 and have been learning about it since, just in the last few months i have notice a part of its magic that just clicked so yes i agree it is a slow process i see what you mean Steve
Speed of events last year took by surprise lot of people.
This and next year speed could be even more surprising.
The rate of decline of intelligence, reasoning, logic, political centrism [I have no problem with center, center left or center right, but so many have become so far removed from a sane position…] last year took me by surprise.
This and next year’s rate of dumbing down could be even more surprising…or alarming.
The dumbing down is accelerating. Another dark age is coming to the Western world.
Certainly not limited to the uneducated either, as I know people with master’s degrees and higher that are losing it.