Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 💥 SILVER INVESTOR 💥 THIS Is TRUE... 🚀 Precious Metals Price Market Update!!... (Gold Price Too)

Transcript

💥 SILVER INVESTOR 💥 THIS Is TRUE... 🚀 Precious Metals Price Market Update!!... (Gold Price Too) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

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  Silver right now is the most undervalued asset on the face of
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  the planet. You might be wondering why.
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  In this video we're going to look at the long term history of
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  silver, the recent history of silver, and most importantly,
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  what's going on right now in the silver market that indicates to
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  us that silver is indeed the most undervalued asset on the
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  face of the planet. Did you know that for each one
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  ounce of gold that's pulled out of the ground every year by
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  mining efforts, for each one ounce of gold, you only get 6 or
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  7 ounces of silver mined? More on that later, but that
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  alone indicates to us that if we applied those ratios to the gold
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  price at current roughly let's say 2700, we've been there
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  lately per oz gold, silver would be priced somewhere in the range
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  of 450, maybe down as low as $385 per oz.
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  Now, no matter what you believe the silver price should be, I
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  know one thing for sure. I'm very grateful that you've
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  decided you've chosen to spend some time with me here in the
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  basement. Welcome basement dwellers.
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  We love to talk about silver and gold and we love to be part of a
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  community. And when you're here, you're
• 1:21
  welcome. I want you to come back.
• 1:23
  Please subscribe to the channel, give the video a thumbs up.
• 1:26
  Super chats, super thanks. PayPal donations are always much
• 1:31
  appreciated, but never ever expected.
• 1:33
  Never give anything more than you can afford.
• 1:36
  So let's look back long term in history 'cause that will give us
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  an indication about just how crazy undervalued silver is
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  right now. This great graphic from Make
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  Gold Great Again shows us that throughout history we've had a
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  gold to silver ratio ranging anywhere from 1:00 to 3:00 on
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  the low side all the way up to 1:00 to 12:00.
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  That meant that at one point the price of silver was 1/3 that of
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  gold. Now at $2700 gold, that would
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  make $900 silver if we were living 3200 years ago or 3200
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  years BC. Wow, actually 5000 years ago.
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  If we go back to Japan in 50 or 1500, there was a one to five
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  ratio. That meant the silver price was
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  1/5 that of gold. That would put silver well above
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  $500 per oz, approaching 600. And here we are today, Clown
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  world. Welcome to clown World 2024,
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  where we have a gold to silver ratio of about 1 to 91, one to
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  80. It ranges in that area from time
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  to time. Now, what's important for us to
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  remember, just think about this, guys, it takes almost 80 or 90
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  ounces of silver right now to get one ounce of gold.
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  And look back over history, how different the world viewed the
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  relationship of silver to gold. And while history doesn't always
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  exactly repeat, it does rhyme. And not that much has changed in
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  the world of gold and silver over the last thousands of
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  years. One thing that has changed for
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  silver and is working in silver's favor is that silver is
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  now used much more in all these industrial applications, which
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  we've covered ad nauseam on this channel and we can go into in a
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  different video. But what about recent history
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  for silver? Because when we talk about 450
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  or $500 silver, we're talking about the price going up 15
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  times. That's impossible, right?
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  Wrong. Look back at some recent
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  examples, like the 1970s, when silver went from $1.50 to over
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  $50 per oz, right? 30 times?
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  What about from 2001 to 2011 when silver went from being
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  under $5 per oz all the way again to $50 or more than 10X
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  return? Hey, from where we've been
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  recently with the silver price, that would easily get us well
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  above $300.00 per oz right now. And that's not ancient history.
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  That's not 5000 years ago, guys. That's like 10-15 years ago
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  where we saw those types of spectacular returns.
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  And what about right now? Did you know that if we adjusted
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  for inflation, those previous $50 per oz highs that we had in
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  the silver price, right, 1980, 2011?
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  If you adjust those for inflation, we could easily right
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  now, if we were to go back to all time highs on an inflation
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  adjusted basis, be well, well north of $100 per oz silver.
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  We know there's a massive silver shortage brewing in the world, a
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  big deficit, more silver being consumed every year than can be
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  provided by the mining sector. Mining incident sector
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  production going down 75% of the world.
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  Silver right now coming as a byproduct and afterthought in
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  that number, also continuing to shrink.
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  There's one more big secret factor that works in your favor
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  right now for silver. We'll get to that next.
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  But if you want to get your hands on some silver right now,
• 5:57
  please consider supporting channel sponsor Pimbex Pi MB EX.
• 6:03
  They're an online bullion dealer.
• 6:05
  I worked with them myself for over a year.
• 6:08
  They check all the boxes. Ultra competitive pricing, great
• 6:13
  selection and a company that you can trust.
• 6:16
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• 6:20
  I believe that you'll benefit if you consider pin backs next time
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  you're looking at buying some bullion online.
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  Also, thank you to channel sponsor First Mining Gold.
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  They have gold in the ground in Canada, 2 multi million ounce
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  projects, one in Q1 in Ontario. You can learn more about them at
• 6:39
  firstmininggold.com and Fortuna Mining.
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  They're an operating mining companies, silver and gold mines
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  in Latin America and some big gold mines and big growth coming
• 6:51
  out of their operations in West Africa.
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  The biggest factor right now working in your favor, my favor
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  as a silver investor is the fact that we are part of an elite
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  crowd. Yes, basement dwellers, welcome
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  to the club. You just don't get to hang out
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  here in the basement. But we are an elite crowd.
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  So few people have invested into physical silver that from a
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  historical basis, we'll go back to what we started with in this
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  video. On a historical basis, if we
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  just got back to the average number of people for 10s or
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  hundreds of years that were invested in precious metals,
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  invested in silver, it would bring multiples, 345 times more
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  money back to the sector. Again, just to get back to the
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  average amount that traditionally has been invested
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  into precious metals. And if we look back right,
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  hundreds or thousands of years, we know how undervalued silver
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  is right now. If we look back even over the
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  last few decades at previous highs, we know how undervalued
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  silver is right now. Hey, even with gold, let's say
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  we use a price of 2700. If we wanted to get back to that
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  six to one gold to silver ratio that would require that would
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  require the silver price going all the way up to $450.
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  I bet that puts a smile on your face.
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  Having you here in the basement with me puts a big smile on my
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  face. Thank you for choosing to be
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  here. Thanks for being part of this
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  community. Take care of yourself and I'll
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  look forward to seeing you soon.