Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡SILVER Stackers BUCKLE UP⚡This is MONUMENTAL for Silver Price

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⚡SILVER Stackers BUCKLE UP⚡This is MONUMENTAL for Silver Price · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:00
  We have some shocking new information about silver.
• 0:04
  You might be wondering, will silver ever get above $24.00 per
• 0:09
  oz? How about 50 dollars, $60.00 per
• 0:12
  oz? Because that's where it should
• 0:14
  be right now. We know the amount of silver
• 0:18
  coming out of the ground from the mines is shrinking, while
• 0:22
  simultaneously the demand for silver is skyrocketing.
• 0:27
  We know that the price of silver has been artificially held down
• 0:33
  for decades, and as a result of that, there's been very little
• 0:37
  investment into new silver mining projects.
• 0:41
  But what about the demand side? Is there some new shocking
• 0:45
  information that could lead to silver going to prices that we
• 0:50
  can only imagine? We know right now that there's
• 1:02
  robust demand for silver from the green energy transition.
• 1:08
  There's a lot of silver used in electric cars.
• 1:11
  There's a lot of silver used in solar panels.
• 1:15
  But what are we learning right now?
• 1:18
  That the world leaders are coming together soon to reach an
• 1:22
  agreement that could lead to an unbelievable new demand source
• 1:29
  for silver? Or I should say, an unbelievable
• 1:33
  increase in a current demand source for silver?
• 1:38
  Because we know the demand for silver for photovoltaic, which
• 1:42
  is the fancy way of saying solar panels, has been going through
• 1:47
  the roof. The Silver Institute tells us
• 1:50
  that in 2023 there's almost 160 million or so ounces of silver
• 1:57
  being demanded for solar panels. But many people think that
• 2:01
  number could reach as high as 200,000,000 by the end of the
• 2:05
  year. But if you heard of this
• 2:07
  organization called COP 28, COP 28, it's an offshoot of the
• 2:13
  Paris Accords. It has something to do with the
• 2:15
  United Nations. Nonetheless, it's a group of the
• 2:19
  leading industrialized countries coming together to tackle the
• 2:24
  climate change problem, and they're talking about tripling
• 2:29
  the amount of solar installations by the year 2030.
• 2:33
  Let me remind you, we will soon be into the year 2024.
• 2:39
  That's just six short years from now.
• 2:43
  And they're not talking about tripling the current production,
• 2:46
  they're talking about triple tripling the entire installed
• 2:50
  solar capacity right now. Guys, this could lead to an
• 2:55
  unbelievable amount of demand for silver because we know the
• 3:00
  new generations of solar panels actually use more silver than
• 3:06
  the current panels that are being manufactured right now.
• 3:09
  I appreciate you choosing to give me some of your time here
• 3:13
  in the basement. It really is my honor.
• 3:15
  Please come back, subscribe to the channel that's free, give
• 3:20
  this video a thumbs up. But even most important, please
• 3:24
  leave a comment in the comment section below.
• 3:26
  We want to know about you and we want to learn from you.
• 3:31
  The numbers are stunning. It makes sense when we hear
• 3:35
  these unbelievable projections about how much silver is going
• 3:39
  to be used by the solar industry.
• 3:41
  By the year 2050. I've heard that that the solar
• 3:45
  industry could eat up 100% of the world's silver.
• 3:48
  But think about it, we're in a situation right now where we've
• 3:51
  had artificially suppressed prices in silver.
• 3:56
  Like we talked about earlier, there's very little money going
• 3:59
  into filling up that pipeline of future silver projects.
• 4:04
  Just at a time when the world is going to demand a significant,
• 4:09
  and I mean major amount of new silver, where's all the silver
• 4:15
  going to come from? The price is going to need to be
• 4:18
  much, much higher to make it economic for mining companies to
• 4:23
  even want to consider building and developing new silver
• 4:28
  projects. But where's all this money going
• 4:31
  to come from anyway? The extra second bonus feature
• 4:36
  in this is it's going to require a lot of new money to be
• 4:40
  printed. This is a major worldwide
• 4:44
  initiative. Again COP 28.
• 4:47
  You can look it up for yourself. I'd encourage you to start to
• 4:51
  educate yourself on what is going on with this initiative.
• 4:56
  We'd like to thank our sponsor First Mining Gold.
• 4:59
  They're a Canadian gold developer with two world class
• 5:03
  projects in Canada. They also have a handful of
• 5:07
  other projects. When you total up all the gold
• 5:11
  in their resources, it comes to over 12 million oz.
• 5:16
  They're worth checking out. I'll put a link to the company's
• 5:19
  website in the description below.
• 5:22
  Are we looking at a situation where hundreds of millions of Oz
• 5:27
  of new silver demand are going to be hitting the market just at
• 5:32
  a time when silver production and pipelines are dwindling?
• 5:37
  What do you think that's going to do to the price of silver?
• 5:41
  Are we in a very unique little window of opportunity right now
• 5:46
  where the price of silver is still being suppressed, but
• 5:51
  right around the corner, we're going to see a big change in
• 5:55
  sentiment, a big recognition of the importance of silver, silver
• 6:01
  on the front page where we know it belongs.
• 6:05
  It's going to be very interesting to see how this
• 6:08
  situation plays out. And remember, 200,000,000 ounces
• 6:13
  of silver this year going into the solar industry.
• 6:18
  This tripling doesn't apply to that 200.
• 6:21
  It applies to all of the solar installations that have occurred
• 6:26
  over the last decade or so. The numbers are just absolutely
• 6:32
  staggering. We could certainly be entering a
• 6:35
  new era for for silver demand and silver price, an era where
• 6:41
  we get true price discovery, where the paper electronic
• 6:46
  markets are overwhelmed by pure physical demand.
• 6:51
  Aren't we starting to see that already in China we're on the
• 6:54
  Shanghai Gold Exchange. In the last month or so, we've
• 6:58
  had situations where physical silver is being priced almost
• 7:03
  13% higher than what the electronic version of it is
• 7:08
  priced for in New York and London.
• 7:11
  Hey look, we've waited a long, long time.
• 7:14
  We don't know for sure how this will all play out, but from a
• 7:18
  big picture perspective, I don't know how you feel about it, but
• 7:22
  I feel comfortable owning some physical silver.
• 7:26
  If you want to get some physical silver for yourself, go check
• 7:29
  out channel sponsor Pimbex Pi MB EX, the online bullion dealer.
• 7:35
  Trust me, they have a lot of silver and you'll find what I
• 7:41
  found. Their prices are the best and if
• 7:44
  you do your research with, which I'd recommend you do, you'll
• 7:47
  also find they have a great reputation.
• 7:50
  It's so key when you're buying physical metal that you work
• 7:54
  with a trusted supplier, do your own work in that regard.
• 7:58
  But I think you'll find what I found in that.
• 8:01
  Pinbex is best. Hey, thanks for watching.
• 8:04
  I appreciate you being here. I'll look forward to seeing you.
• 8:07
  Yes, you next time. Hey, everybody.
• 8:10
  It's Ron from Ron's basement. Live on the log.
• 8:12
  Flume. Say hi, girls.
• 8:14
  Hi.