Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / Silver SPIKE! 🔴 THIS is Happening to the SILVER PRICE!!... (Gold Price Too)
Transcript
- 0:00Silver investors be. Prepared for moves in the.
- 0:03Silver price they could leave you rattled the.
- 0:07Potential for skyrocketing. Silver prices.
- 0:11It's real and in this video I'm going to give you the reasons
- 0:15and examples. Why?
- 0:16There's no reason why you and me can't.
- 0:20Expect silver prices to absolutely.
- 0:23Moon shoot in the coming year. Decade.
- 0:27We are in for some great times. Let's get.
- 0:29Started. Right now.
- 0:31Hey everybody, welcome to Raw Space and I hope you enjoy my
- 0:34daddy's show. And who doesn't like to be
- 0:40amongst friends? Let's go on this moon.
- 0:42Shoot together. Please subscribe.
- 0:45To the channel. That's free, as always.
- 0:48Give this video a thumbs up and super chat.
- 0:50Super thanks. PayPal donations are never ever.
- 0:55Expected, but always appreciated.
- 0:57So the first thing we're going to talk about.
- 0:59Is a. Chart which will knock.
- 1:01Your socks. Off when it comes to the.
- 1:04Price of silver. The young gun guru himself.
- 1:08Tavi Costa. Brings us this long term chart
- 1:11comparing the silver and gold price and there's.
- 1:14Three critical. Things that we want to talk
- 1:16about on this chart #1 the yellow line, which is.
- 1:20The gold. Price #2 The blue line, which is
- 1:23the. Silver price, but the.
- 1:25Real number one is to notice that back in 1980 when the gold.
- 1:30Price shot up. The silver price far
- 1:33outperformed. It and if we.
- 1:35Go all the way up to 2011. We also see that when.
- 1:39The gold price. Shot up the silver price.
- 1:42Far outperformed. It and when we go to.
- 1:45The present day right now is we're talking.
- 1:48What we see is the gold price has shot up, but the silver
- 1:53price has yet to catch up or exceed like it did.
- 1:58During these. Previous 2.
- 2:00Periods. Now, there's no guarantee that
- 2:03that's going to happen, but based on what?
- 2:05We know about the. Relationship between gold and
- 2:09silver. It's a likelihood that we'll see
- 2:12that in. The future that would bring the.
- 2:14Silver price as. You see over here on the.
- 2:17Left all the way up to $50.00, but if it overshoots, well, it
- 2:22could be off the top. Of your screen something like
- 2:258091 hundred. Dollar per.
- 2:28Oz, Silver, Two other critical things to think about when we
- 2:31look back at 1980 and we look back at 2011, we did not have
- 2:38the China story, we did not have the India story.
- 2:42Back then. Those countries were much
- 2:44smaller and much less significant players in the
- 2:48silver market as compared to now.
- 2:52We know that India in 2024 could be on pace to import well.
- 2:58Over 2. 150 million ounces. 3030.
- 3:02Five, maybe even 40% of the. World's total silver output.
- 3:06Alone. And that's just India.
- 3:09We know what's going on with China.
- 3:11They're buying silver concentrate directly from
- 3:14Mexican miners. So think.
- 3:16About that when you. Look at how silver.
- 3:19Performed during these previous 2.
- 3:21Periods relative. To now the other important thing
- 3:24for us to remember is that. Also.
- 3:27Back in 1980 and even in 2011, the.
- 3:30Prospects for. Silver demand were nothing like
- 3:33they are now electric. Cars Solar.
- 3:36Panels, you name it. All these emerging technologies,
- 3:40artificial intelligence, microchips, they weren't
- 3:44anything like they are now. We are truly in a different
- 3:47paradigm. And on top of that, we know the
- 3:51world is bifurcating. We know that the bricks
- 3:53countries are setting up their own metals exchanges.
- 3:56When I look at this chart, I'm more optimistic than ever.
- 4:00About silver, but we've. Got even more to talk about?
- 4:04If you're even half as optimistic about the silver and
- 4:07gold price in the future and want to get your hands on some
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- 4:45Please do yourself. A favor, right?
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- 4:50As I was. The first time I checked.
- 4:52Out their. Website Now the next big factor
- 4:56that will impact our friend Silver going forward.
- 4:59Is the gold to silver? Ratio and we have some
- 5:02astounding information to talk about in that regard.
- 5:06As well. Our friend Rashad.
- 5:09Hajjed has this to say. This is what I expect.
- 5:13From the gold. To silver.
- 5:15Ratio over the next three to nine months.
- 5:18Initial target in the. 60 area. And then?
- 5:21Sub 40 guys we. Are right now sitting at an 80
- 5:25to one range in the silver. I'm sorry.
- 5:29The gold to silver ratio, yes it takes. 80 ounces of.
- 5:33Silver roughly to get. Yourself one ounce of.
- 5:37Gold, what he says is a. Breakdown of.
- 5:40This ratio. Will ignite a bull run in silver
- 5:44and take a look. At this chart, we've got a a
- 5:47wedge. Pattern which?
- 5:49He sees. Breaking down lower, well it's
- 5:51not just him seeing a breakdown. Lower it.
- 5:55Would be history this 80 to. 1 silver.
- 5:58To gold ratio. That we're sitting at right now.
- 6:01Is historically high. We look back thousands of years,
- 6:05the. Ratio was probably closer.
- 6:07To 78910 to one. Yes, 10 ounces.
- 6:10Of silver. Would get you one ounce of gold
- 6:13and even in recent history it's averaged around 50.
- 6:17Or so. Just to give you an example, if
- 6:19we took a rather conservative approach to the.
- 6:23Gold. Price at 2500.
- 6:25Dollars per. Oz and we had a 50 to one ratio,
- 6:29meaning you would only need to trade 50.
- 6:32Ounces of silver. To get one ounce of gold.
- 6:35That would give us a 50. Dollar gold.
- 6:38Price right? Now as you and I are speaking,
- 6:42have you considered the massive short position in the paper
- 6:47markets, the Comex in the LBMA, the London Million Market
- 6:52Association on silver some? People say it's as high as. 700
- 6:59million ounces. Whatever it is. 200,000,700
- 7:04million those contracts will need to be.
- 7:07Covered. And what does that mean?
- 7:09Well, that's just a fancy way of saying that since.
- 7:11They sold silver short. And some of it did.
- 7:15It naked short they're. Going to have to.
- 7:17Buy silver back, we could have a short squeeze.
- 7:22In silver sometime in the next. Year.
- 7:26Take a look. At this make gold great again.
- 7:30Put this on X. Careful.
- 7:33Silver shorts. And there's the Temple of Doom
- 7:36guy looking into the 707 million silver.
- 7:40Shorts Shorts safely covered. Everything's fine right now.
- 7:45Just one false move and you've got.
- 7:49A little. Trouble on your hands?
- 7:51A silver squeeze with all the other factors.
- 7:56On top of it. Right, the silver short.
- 7:59Position alone could add a lot of.
- 8:01Fuel. To a potential silver squeeze in
- 8:04the future. Don't forget just within the
- 8:06last. Two years we had.
- 8:08A breaking of the nickel market. Yes, that nickel.
- 8:12Right, the metal nickel on the London Metal Exchange, and it
- 8:16created a. Short squeeze.
- 8:17Havoc situation which required them to shut the market down for
- 8:22a few. Days will we see.
- 8:24That in. Silver.
- 8:27And, you know, on top. Of it all.
- 8:29We are consuming more. Silver, right?
- 8:32Now than we are producing you and I know that, but guess what?
- 8:37The mainstream is starting to catch on.
- 8:40We're seeing that mentioned more and more and more in articles on
- 8:45Bloomberg. Reuters.
- 8:47Yahoo Finance, CNBC and when more and more people begin to
- 8:52realize. That the.
- 8:53World is consuming way more silver than is being produced,
- 8:57and there's only so much in that.
- 8:59Silver slush. Fund the above ground excess.
- 9:03Eventually that. Runs out and we get into a.
- 9:06Very precarious. Situation in the silver market
- 9:09it is going. To be crazy, whether we look at
- 9:11history. 1980, 2011. The performance of gold relative
- 9:16to to silver, whether we look at the gold to silver ratio,
- 9:20history there, whether we look at any.
- 9:23Of these astounding factors, the massive short position we are in
- 9:27for a good ride in the silver market.
- 9:29I could be wrong. Don't make any financial
- 9:31decisions based on anything I'm saying, but.
- 9:34I see it very clearly. I want to say thank you to 1st
- 9:37Mining Gold for sponsoring Ron's basement if you want gold in the
- 9:41ground to development. Stage projects.
- 9:44In Canada, both with multi million ounce.
- 9:46Deposits. You can learn more about them at
- 9:48firstmininggold.com and our friends at Fortuna Mining.
- 9:53They're mining silver and gold in Latin America and gold in
- 9:57West Africa. You can learn more about them at
- 10:00Fortuna mining.com. I'm not giving financial advice.
- 10:04Those are both stocks that I. Personally own do your own due
- 10:08diligence. We're going to have a fun time
- 10:10watching the. Silver price.
- 10:11In the coming months, quarters and years, we're going to do it.
- 10:14Together don't. Forget, leave a comment,
- 10:17subscribe to the channel. Thanks for being here and I'll
- 10:20see you. Yes.
- 10:21You. Next time.