Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 💥SILVER Stackers -- You Best PAY ATTENTION to This! ⛩️ (Gold Price Also)
Transcript
- 0:00Silver shortage, silver squeeze skyrocketing silver prices 60
- 0:06dollars 100 dollars $600.00 per oz.
- 0:10Are we relying on miracles or are we looking at mathematics?
- 0:16And do the mathematics tell us that we are definitively in for
- 0:20much, much higher silver prices? In this video, we're going to
- 0:25look at the reasons why you, as a silver investor can be
- 0:30optimistic about the future of the silver price.
- 0:33We're going to look at incredible data out of China and
- 0:37India when it comes to silver. This is real.
- 0:40This is happening right now in real time.
- 0:44We're going to look at NVIDIA. We're going to look at AI, how
- 0:47that could drive the silver price much, much higher.
- 0:51We're going to look at a little data from our friends over at
- 0:54the COMEX in the OBMA, the London Bullion Market
- 0:57Association, and we're going to look at the big picture of the
- 1:01secret factor that we often forget about.
- 1:04That is the overriding force that will help even more propel
- 1:09the silver price as we move into the coming months, quarters and
- 1:14years. Our friends over at Arcadia
- 1:21Economics, that would be Chris Marcus Gold and Silver Daily Sub
- 1:24Stack, to which I have a link in the description of this video.
- 1:28We're going to skip ahead to some silver data that he just
- 1:31published from India Silver imports.
- 1:35They pulled back to just over 500 tons.
- 1:38However, guys, and let's just pull this chart up and look
- 1:42here. The dark blue line is 2024.
- 1:46As you can see, October was right here about 500 tons.
- 1:51But what's important to realize is the annual number.
- 1:57And if we go a little further down in his article, he points
- 2:00out something very interesting, says this leaves India on track
- 2:05for a historically strong year of silver imports at
- 2:08approximately 7000 tons in 2024 with two months still remaining.
- 2:17So if we pull up this chart through September, we see that
- 2:20India has imported 6500 tons of silver.
- 2:24We know that October was another 500.
- 2:26That puts us at 7000. If we conservatively estimate
- 2:31that they will import another 500 tons per month in November
- 2:36and December, we can easily come to a number of, yes, you got it,
- 2:438000 tons. If we figure that 8000 tons of
- 2:48silver is equal to 256,000,200 and 56,000,000 ounces of silver,
- 2:55are you kidding me? That's more than 30% of the
- 2:59world's mine output alone this year being imported by India.
- 3:04Now if we go to China, it gets even more interesting.
- 3:08We're going to go to the Silver Academy for some data on China.
- 3:13Right now, China's industrial demand for silver comes in at
- 3:17almost 9000 metric tons. That equals almost 290,000,000
- 3:25ounces of silver, almost 35% of the world's projected mine
- 3:31output for next year, 2025. Again, here's the the India's
- 3:36annualized number comes in at close to 40% guys, combined
- 3:42China and India demand for silver is eating up almost 75%
- 3:49of the world's projected mining output for 2025.
- 3:55Let that sink in for just one second.
- 3:59Unbelievable silver demand coming out of China make gold
- 4:03great on X points this out. The single city in China is
- 4:07consuming 8% of all the world's mined silver for a year.
- 4:14It's a city called Zhang Zhang, and it's an eco electric plating
- 4:18specializing zone. But guys, one city in China is
- 4:23consuming 8% of the world's silver that's mined on an annual
- 4:30basis. Now take one more step back,
- 4:32right? China, India consuming almost
- 4:3575% of the world's mine silver. But think about this.
- 4:39Both China and India are universally recognized as the
- 4:43world's two fastest growing economies, or some of the
- 4:47fastest growing. Nonetheless, you get my point.
- 4:49They are expanding. Their consumer classes, their
- 4:52industry are all expanding and demanding more and more and more
- 4:56silver. They're already sucking up.
- 4:59Yeah, that's right, 75% of the world's silver.
- 5:04And outside of solar and electric vehicles, both
- 5:08industries where there's exploding demand for silver, we
- 5:11also have AI. We heard from NVIDIA last night
- 5:15of continued expansion, continued incredible demand for
- 5:21chips for processing, all related to artificial
- 5:24intelligence, all related to new technologies that are only only
- 5:29going to grow in popularity, grow in demand, and as a result,
- 5:33create growing demand for silver.
- 5:38And all of this fits quite nicely into this chart provided
- 5:41to us from Mining Visuals, which points out silver market trends,
- 5:46rising deficits and soaring prices from the year 2015
- 5:52through 2024. Take a look at this guy's the
- 5:56black line is the soaring silver price and the rust colored bar
- 6:02that's the size of the silver deficit over the last four
- 6:07years. As you can see over 200 million
- 6:11ounces in two of the last four years.
- 6:13This is the big picture in which we're working where the mining
- 6:16sector just cannot keep up with the increase in demand for
- 6:22silver. And guess what?
- 6:24There's been almost no investment into the silver
- 6:27mining sector over the last 10 years.
- 6:29It's not like there's a bunch of new projects that are just
- 6:32waiting and ready to be turned on.
- 6:35It's going to take probably a decade for the silver mining
- 6:39industry to catch up with demand from all the other industries.
- 6:44And the only thing that's going to fix that and make that happen
- 6:47is price. Price fixes everything We have
- 6:52two more big factors to talk about which will propel the
- 6:56price of silver and gold higher. But if you think we're in for
- 7:00higher prices in the metals, do yourself a favor and check out
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- 7:10where you'll find a great selection of products, but
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- 7:25If you do a little investigative work, you're going to see that
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- 7:31You will get more metal for your money and it's a company you can
- 7:35trust. Let's move on now and talk about
- 7:37the next factor, which could definitely lead to higher silver
- 7:42and gold prices and that would be a potential short squeeze at
- 7:46the COMEX or the LBMA guys. They are trading insane amounts
- 7:52of paper silver right now in our world.
- 7:56Take a look at this from the dude on X.
- 7:59This is just one kind of averageish day trading of paper
- 8:03silver. He said the silver market traded
- 8:06almost 360 million paper oz yesterday.
- 8:10Again, this is data from Wednesday, November 20th, 2024.
- 8:15That means in one day, right? The paper LBMA COMEX markets,
- 8:21they're trading like 4045% of the entire annual year's mining
- 8:28output of silver. And one big final factor that
- 8:32maybe you forget to remember, you're a, you're a slow learner
- 8:37and a fast forgetter if you're anything like me.
- 8:40And that is that when we talk about the price of silver for
- 8:43the big picture, the overriding force that will also contribute
- 8:48to higher prices. If we choose to measure the
- 8:51silver price and paper Unicorn fart dust Fiat dollars, that's
- 8:56that the dollar is going to go down in value.
- 9:01It's an absolute mathematic certainties is true is 2 + 2
- 9:05will always equal for the more dollars that are created and
- 9:10there's no other option for the monetary authorities not only in
- 9:15the United States, but in the other western worlds that are
- 9:17drowning in debt. They've no other option but to
- 9:21print money as we head into the coming quarters, years and
- 9:26decades that will provide a healthy tailwind to the precious
- 9:31metals prizes. I want to say thank you to
- 9:34channel sponsor Whoa First mining gold, Canadian gold
- 9:37developer with two multi million ounce projects in Canada and
- 9:41Fortuna Mining. They're an operating mining
- 9:44company, silver and gold mining in Latin America and an
- 9:50expanding gold production profile in West Africa.
- 9:53You can learn about them and channel sponsor Pinbecks, the
- 9:57online bullion dealer at their respective websites, to which I
- 10:00will have a link in the description of this video.
- 10:04We're in for some good times in the precious metals market.
- 10:08We focused a lot on silver today.
- 10:11It's going to be a fun year decade ahead.
- 10:15I'll look forward to seeing you more here in the basement.
- 10:18Thanks for being here right now today, right?
- 10:20It's YouTube. So thank you.
- 10:23Take care and I'll see you soon.