Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 90% Silver ALERT ⚠️ What YOU Need to KNOW!
Transcript
- 0:00I can share with you that in my 20 years of following the silver
- 0:04market closely, I've never experienced so many people
- 0:08talking about 90% silver. I'm hearing more and more people
- 0:13say get as much of it as you can while you still can.
- 0:20Do you love junk silver? Do you hate junk silver?
- 0:25There seems to be a huge debate within the silver community
- 0:28right now surrounding this. Is that the sound of a silver
- 0:34shortage or just the sound of stress in the 90% junk silver
- 0:41constitutional silver market? Because we have some people
- 0:44saying get as much of it as you can before it's all gone and
- 0:49other people that dispel and say there's plenty of junk silver
- 0:53out there and available on the market.
- 0:56We know one thing for sure. Everyone's entitled to their own
- 1:00opinion. Leave a comment in the comments
- 1:02section of this video. But I want to share with you
- 1:06five things that we know for sure about junk silver and that
- 1:11might help you make up your mind for yourself.
- 1:24We definitely know that they're not making any more junk silver.
- 1:28This includes 1964 and earlier things like Dimes, quarters,
- 1:34half dollars, silver dollars. What's been made has been made.
- 1:39They won't be remitting 1963 quarters or anything like that.
- 1:44So we know that there's a limited supply of junk silver on
- 1:49the market. Isn't it crazy to think that at
- 1:52one point the United States actually backed their money with
- 1:57silver? We'll leave that for a different
- 1:59discussion. Is junk silver a bellwether for
- 2:02what's going on in the silver market as a whole?
- 2:06What I mean by that is if we look back at recent history, the
- 2:10banking crisis that we had just about a year and a half ago, the
- 2:14premiums on junk silver went through the roof.
- 2:17That only meant one thing, that the demand for junk silver had
- 2:22far outweighed the supply. Now if we are starting to see
- 2:27stress in the junk silver market, is that a sign of things
- 2:32to come for the silver market in general that we could be at the
- 2:37very beginning phases of a big wave of demand for silver?
- 2:42I can share with you that in my 20 years of following the silver
- 2:46market closely, I've never experienced so many people
- 2:51talking about 90% silver. I'm hearing more and more people
- 2:56say get as much of it as you can while you still can.
- 2:59People look at it from a couple different perspectives.
- 3:03Number one, you are getting actual silver.
- 3:06That weight of silver #2 you are getting coins that at some point
- 3:11could have some type of numismatic value, some type of
- 3:15collector value. And there's a growing number of
- 3:19people that think that if the dollar were to get into a big,
- 3:23big trouble zone and that we're using silver to barter, that
- 3:27there's nothing better in the United States to use for barter
- 3:31purposes than constitutional or junk silver.
- 3:35And while junk silver may have a 90% silver content, I think it's
- 3:41safe to say that at least 90% of Americans don't even realize
- 3:46this. And if we do get into some
- 3:48difficult times, as that wave of people could move into the
- 3:53silver market, they might feel real comfortable with old US
- 3:58coins, which could create a massive wave of demand for
- 4:02constitutional silver. Because don't forget, they're
- 4:06not making any more of it. It's darn near impossible for
- 4:10the US met to start minting 1953 US silver quarters.
- 4:16We know that's just not going to happen.
- 4:19There's a limited supply out there in the overall silver
- 4:24market, right? Let's talk about that junk
- 4:27silver is a part of that as well.
- 4:30So as we move into this new era for silver where overall demand
- 4:37is far outstripping the supply, that could leave even more room
- 4:42for the value of constitutional junk 90% silver to run even
- 4:48further. I want to hear what you have to
- 4:50say. If you had a choice between
- 4:53buying, let's say A10 oz silver bar or getting the equivalent of
- 4:59silver from quarters, Dimes, half dollars, which would you
- 5:03choose? I think I'd probably go for the
- 5:06junk silver at this point, but you may feel differently.
- 5:09Leave a comment in the comment section.
- 5:11If you want to get your hands on some silver right now, please
- 5:15support channel sponsor Pimbex Pi MB EX got a great selection
- 5:22of silver and gold and platinum group metals for that matter.
- 5:26They help make this video and Ron's basement possible.
- 5:30So please help support our sponsors.
- 5:32Also First Mining gold and Fortuna Mining.
- 5:36There's links to all of these companies in the description of
- 5:39this video. Thank you for joining me today.
- 5:42Don't forget to subscribe, turn on notifications and thumbs up
- 5:46are always much appreciated. Take care and I'll see you soon.