Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡SILVER Price SHOCKER⚡THIS Is EPIC for SILVER!...(Gold Price Too)
Transcript
- 0:00You're going to be absolutely shocked by what you learn about
- 0:03silver in this video, and we're just going to talk about one
- 0:07little, or should I say massive shocking demand source for
- 0:12silver. This could lead to skyrocketing
- 0:15prices. Is it already having a major
- 0:18impact on the silver price Right now?
- 0:21We're going to hear from a top respected analyst in the
- 0:25commodity sector about this one particular source of demand for
- 0:30silver. And then I'm going to present to
- 0:32you even more shocking information, a double zinger, if
- 0:36you will, that could lead to this demand source even
- 0:39exploding further. Guys, I think you'll be very
- 0:43surprised at what you're going to learn.
- 0:46Hey everybody, welcome to our space and I hope you enjoy my
- 0:49daddy's show. Bloomberg tells us booming
- 0:54silver demand may lead to extreme price action.
- 0:58That's according to ATD strategist.
- 1:02He says, I think that silver is probably the most exciting trade
- 1:07in the energy transition theme. Remember that guys within the
- 1:12commodity complex today, this is Daniel Golly.
- 1:15He's a respected senior commodity strategist with TD
- 1:19Securities. He's telling this to B&M
- 1:21Bloomberg. He also says that we're talking
- 1:24about here is a market that has been a universally recognized
- 1:28structural deficit essentially driven by the boom in solar
- 1:33capacity. Double remember that because the
- 1:36information I'm about to share with you is electric and
- 1:40shocking across the world and growing trend of electronics
- 1:44being embedded in everything that we do, but particularly so
- 1:47in vehicles. Just a brief point we want to
- 1:51remember guys, the current silver price is historically
- 1:55high. If you look back at A50 year
- 1:56chart of silver, we have spent very little time above this 3029
- 2:02thirty $3132.00 range. We really are in what I think a
- 2:06lot of people would call new all time high territory.
- 2:11OK, silver is primarily mined as a byproduct of lead and zinc
- 2:15mines, of copper mines and of gold mines.
- 2:17So there are very few companies that mined silver specifically.
- 2:22Also remember very little money in the silver mining sector.
- 2:26The entire market cap of the entire silver market industry is
- 2:31smaller than that of GameStop a few days ago, 5% of the of the
- 2:37market cap of companies like Home Depot.
- 2:40Very little money has been invested in the future supply of
- 2:44silver as a result of that. Structural underinvestment into
- 2:48the mining space has resulted in this structural undersupply that
- 2:52we're seeing today. Golly added that until recently,
- 2:55the supply deficit concerns had been tampered by a massive
- 3:00amount of above ground inventories that could be relied
- 3:03upon to balance the gaps in the silver market, but he expects
- 3:08that to change. We think the global inventories
- 3:11are probably overstated when you account for the amount of silver
- 3:15that is actually freely available for purchase, and as a
- 3:19result of that, we're probably in a situation that could lead
- 3:22to some pretty extreme price action in silver.
- 3:27Golly said he expects demand to continue to grow for the
- 3:29foreseeable future, but added that technology companies using
- 3:34the metal will likely quote UN quote, thrift out the silver
- 3:38content, replacing it with cheaper and more readily
- 3:41available materials over time. But is more a story over the
- 3:45next year or two where you can see a temporary squeeze on
- 3:52prices that could relate to substantial gains.
- 3:55He said. Why do you think he's saying
- 3:58this? He's one of the top analyst
- 4:00within the commodity sector. It's because he knows that the
- 4:04demand for silver is exploding now.
- 4:06Next, I'm going to share with you some shocking electric
- 4:10information about what's going on in just one of the sectors.
- 4:14It's unbelievable what's happening in the solar sector
- 4:18right now. But first, I want to say thank
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- 4:43Canadian gold developer with two multi million ounce development
- 4:47stage projects in Canada and our friends at Fortuna Silver, a
- 4:52gold and silver mining company with operations in both Latin
- 4:56America and West Africa. Now what is going on in the
- 5:00solar sector that has me and hopefully you so excited.
- 5:05It's better than what they're telling us.
- 5:07Nobody believes the Silver Institute's numbers, and let's
- 5:11do a little brief homework first to understand exactly how
- 5:16critical silver is to the solar industry and then look at some
- 5:20numbers that will just blow you away.
- 5:23It's critical for you to have this base level of understanding
- 5:27that each solar panel in the world right now, 10s of hundreds
- 5:32of millions of them, each of those panels has about 20 grams
- 5:36of silver, which is roughly 2/3 of 1 ounce of silver.
- 5:41Now it gets more interesting when you consider the fact that
- 5:46that silver in those panels is gone for at minimum the next
- 5:501020 years, maybe even longer. And who knows if they'll ever be
- 5:55able to recycle those panels and get that silver out of there.
- 5:59That silver has gone bye bye. It's off the market.
- 6:04But what if I told you the amount of silver per panel is
- 6:08actually growing? Our friends at Solar Magazine
- 6:11tell us the top con solar cells, the new module technology in the
- 6:17solar industry, is actually using more silver.
- 6:21They say here the main set back of this new technology, it's a
- 6:25set back for them, not for us as silver investors.
- 6:29Compared to the current technology is that the top con
- 6:33solar cells that's the new technology require a larger
- 6:37amount of silver for production. This silver increase translates
- 6:43into higher manufacturing price, maybe much, much higher as
- 6:47silver price goes higher and higher.
- 6:49However, new developments might prove successful might in
- 6:53reducing the required amount of silver while still delivering
- 6:57similar or even higher efficiencies and reducing
- 7:00production costs. That's not going to happen
- 7:03anytime soon, guys. And this big squeeze that could
- 7:07potentially happen that our strategist friend from TD
- 7:11Securities talked about could be happening within the next one to
- 7:15two years. Because what we're going to look
- 7:16at next is mind blowing when we consider just how many of the
- 7:22solar panels are being installed throughout the world right now.
- 7:27It's happening right now. Remember, each of those panels
- 7:31has 2/3 of an ounce of silver in it.
- 7:34And the newer panels, the new panels that are being installed
- 7:38actually have even more silver per panel.
- 7:42Do you think China and India are in a feverish race to see who
- 7:45can acquire the world's most silver because of massive solar
- 7:49installations? What you're looking at here is
- 7:52the current world's largest solar installation.
- 7:55The world's biggest solar plant has come online in China,
- 7:58capable of powering a small country with its annual capacity
- 8:02of more than 6 billion kilowatt hours.
- 8:06The facility in a desert region of the northwest province of
- 8:10Xinjiang covers over 200,000 acres, unbelievably roughly the
- 8:17same size as New York City. But let's go over to India and
- 8:21see what they're up to installing.
- 8:24Maybe we'll just call them silver panels from now on.
- 8:28A coal billionaire is building the world's biggest clean energy
- 8:31plant, and it's five times the size of Paris.
- 8:37Look at the size of that, guys. That's a silver farm.
- 8:42That's where silver's grown or consumed, we should say.
- 8:45OK, the world's biggest energy plant, enough electricity to
- 8:50power Switzerland. The scale of the project,
- 8:52transforming swaths of the barren salt desert on the edge
- 8:55of western India into one of the most important sources of clean
- 8:59energy anywhere in the planet, is so overwhelming that the man
- 9:02in charge can't even keep up. You can see these things from
- 9:07space. They're massive.
- 9:09This one five times the size of Paris.
- 9:13Are you, are you following with me on this?
- 9:16Right? China has a solar farm the size
- 9:18of New York, India, a solar farm five times the size of Paris.
- 9:25Oh, I'm sorry, silver farm. And we just continue to hear
- 9:28more and more this recent article.
- 9:30Some countries could meet their total electricity needs from
- 9:34floating solar panels. Research shows That's a new one
- 9:39to me. Floating solar panels.
- 9:41Look at this picture, right, a silver farm floating on the
- 9:46water. It's even happening in the
- 9:49United States, where the number of solar installations will
- 9:53double by the year 2030 and triple by 2034.
- 9:58Our friend John Little at the Silver Academy points out that
- 10:01for each one GW of power output that uses over 500,000 ounces of
- 10:07silver, for each terawatt of power output 500 million ounces
- 10:15of silver. Bear in mind that currently the
- 10:19fast reducing output of all mining efforts to produce silver
- 10:25in the world only produce around 800 million ounces of silver per
- 10:30year. Are you a big fan of solar
- 10:33energy? I never really was, but the more
- 10:35I learn about it, the more fascinating it becomes.
- 10:38And in particular, if you're like me and you love silver, I
- 10:42think it's time for us to start loving solar electricity, right?
- 10:46It's cost effective, it's immediate.
- 10:50There are so many benefits, It's green technology.
- 10:53There's so much going on. Maybe though, we should start
- 10:56calling them not solar panels, but silver panels.
- 11:00Let's call them what they really are.
- 11:02Silver is critical in the need for silver in the panels is only
- 11:06increasing as we talked about. We also know a top analyst, TD
- 11:11Securities, is recognizing what's going on the dwindling
- 11:15above ground sources of silver. All of this could be pointing
- 11:20toward a massive squeeze in the silver market.
- 11:24People have been talking about it for decades, but are we on
- 11:28the cusp of that happening right now?
- 11:30It sure feels like the factors are in place where we could see
- 11:35massive price and value increases for silver.
- 11:38Don't make any financial decisions based on anything I'm
- 11:41saying. That's how I see it.
- 11:43I want you to to dig in and decide for yourself.
- 11:47Leave a comment in the comment section.
- 11:49But I do want to say thank you for joining me here in the
- 11:51basement. We put out new content every
- 11:54single day, something about silver, gold, the precious
- 11:57metals market. You're always welcome to come
- 11:59back. Please subscribe to the channel,
- 12:02give this video a thumbs up, but most importantly, I'll look
- 12:05forward to seeing you soon.