Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨$48 Silver!🚨 - BE PREPARED - THIS Will CHANGE Everything

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🚨$48 Silver!🚨 - BE PREPARED - THIS Will CHANGE Everything · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:00
  We have a big silver warning for Elon Musk.
• 0:04
  But first, how do you feel about $48 per oz silver?
• 0:09
  What about numbers higher than that that will make your head
• 0:12
  spin? Let's dive into some interesting
• 0:15
  charts and some interesting information that'll give us
• 0:18
  reason why we can believe the silver price is absolutely
• 0:23
  headed much, much higher. The silver price has attempted
• 0:30
  multiple times to breakthrough the $32 per oz barrier.
• 0:35
  On this chart you can see back in May, back in June it it
• 0:40
  bumped up against the red line. Try it again late September,
• 0:45
  October finally broke through, came back down, but recently has
• 0:49
  broke through again. The important thing for us to
• 0:53
  remember here is that the more times that a price tries to
• 0:56
  breakthrough a big barrier, when it finally does, and it finally
• 1:01
  does for good, the move will be big and the move will be
• 1:06
  powerful. This alone could catapult us to
• 1:10
  $48 per oz Silver. Is this the most under
• 1:14
  appreciated chart in the silver community?
• 1:18
  It comes to us from the Jerusalem Post.
• 1:20
  And what this shows is the big cup and handle pattern in silver
• 1:24
  that everybody knows about. But no one talks about this
• 1:28
  particular chart which shows the yearly clothes in the price of
• 1:33
  silver. And the big difference here guys
• 1:35
  is the fact that if we look at the yearly clothes in the price
• 1:39
  of silver, if this year on the handle side we get a silver
• 1:44
  price on December 31st, 2024 above $30.85, we will have
• 1:52
  broken out of the 44 year cup and handle formation when
• 1:58
  measured by the yearly close in the price of silver.
• 2:02
  Remember, the cup and handle formation is one of the most
• 2:06
  widely followed, one of the most reliable and predictable in the
• 2:10
  technical analysis arena. And on top of that, the longer
• 2:15
  the period of time that the cup and handle forms, the more
• 2:20
  powerful and predictable the move will be.
• 2:24
  We still have the big silver warning for Elon Musk, but let's
• 2:28
  look at some more charts which give us even more optimism about
• 2:32
  the silver price as we head into 2025.
• 2:36
  This chart from Trading View and Meta Shackle shows us the cup
• 2:41
  and handle, but shows us also that the breakout when it gets
• 2:45
  above the all time nominal high of $50 again could go all the
• 2:51
  way to $300.00. Look at the middle yellow
• 2:55
  projection. Now the high end of the
• 2:58
  projection actually shows a price of $373 per oz.
• 3:04
  This is not going to happen in a month, likely won't happen in a
• 3:09
  year, but over a number of years.
• 3:11
  We cannot rule out this occurring.
• 3:14
  I want to remind you that between 2001 and 2011, just 1213
• 3:21
  short years ago, the silver price went from under $5 per oz
• 3:27
  to $50 per oz. That was a 10X increase.
• 3:32
  And it gets even more optimistic when we look at what Granny, our
• 3:36
  friend over on X, has to show us on this chart using the Condra
• 3:41
  Teef wave analysis. When he looks at the cup and
• 3:44
  handle, he has projections as high as $370 per oz, but adds it
• 3:52
  could also go much higher. Briefly, at the end of the bull
• 3:57
  market, the fundamentals for silver have never been better.
• 4:02
  We have a decreasing supply coming to market from the mining
• 4:06
  companies. We have increasing demand from a
• 4:09
  multitude of sources. We have new innovative ways to
• 4:14
  use silver being introduced to us on a weekly basis.
• 4:19
  And we know that the price of silver has been held down
• 4:23
  artificially for decades. 2025 presents a bright future for the
• 4:30
  silver price. In that light, I'd like to thank
• 4:33
  the sponsor of today's video, Visa Silver stock symbol VZLA on
• 4:39
  the New York Stock Exchange. You know, I love to invest in
• 4:43
  physical silver, but I also have a fondness for the silver mining
• 4:48
  stocks, in particular the big ones that have a lot of Oz of
• 4:53
  silver in the ground. I'll be keeping a very close eye
• 4:57
  on VISLA as we head into 2025. A number of positive catalyst
• 5:03
  could be heading our way, and it's not just me.
• 5:06
  Look at this list of analysts who cover the stock and,
• 5:11
  interestingly, look at their price estimates for the company
• 5:15
  and compare that to the current stock price of about two US
• 5:19
  dollars. Here's another reason to be
• 5:21
  optimistic about the silver price, a chart showing just how
• 5:25
  overvalued U.S. stocks are compared to the European
• 5:30
  markets. In each of the previous times
• 5:33
  that this chart was above the red line, let alone where it is
• 5:38
  today, silver absolutely soared. Look at 197119751986 and 2001
• 5:49
  when we know that between 2001 and 2011 the silver price soared
• 5:55
  from under $5 to $50 per oz. Today we are 3.5 standard
• 6:03
  deviations above the normal and the price of silver is indeed
• 6:07
  trading at multi year highs, but nowhere near its all time highs,
• 6:14
  both in nominal or inflation adjusted figures.
• 6:19
  This chart shows us that gold and silver aren't very popular
• 6:22
  at all yet after a generation of investors have concentrated on
• 6:26
  big tech. But with globalization taking
• 6:29
  steps back and with countries scared about their commodity
• 6:33
  supply change fees, less Silver is advancing a project in Mexico
• 6:39
  that is projected to start production in the first half of
• 6:43
  2027, two years time. This potentially makes VISLA one
• 6:49
  of the nearest term silver mines in the world.
• 6:53
  And not only are the analysts bullish about VISLA silver stock
• 6:57
  symbol VZLA on the New York Stock Exchange, but the
• 7:01
  company's largest shareholders are Wall Street Titan Franklin
• 7:06
  Templeton with over 1 trillion under management, Eric Sprott
• 7:11
  himself and Sprott Inc. Think about that, with 12%
• 7:16
  ownership, Franklin Templeton has 60 million in Biesela
• 7:21
  shares. One of the reasons Biesela
• 7:24
  Silver is such a high quality company in my view, is that
• 7:29
  while the average peer spends $17.56 to produce 1 ounce of
• 7:36
  silver, Hanukko, the company's flagship asset, has all in
• 7:40
  sustaining cost of only $9.40. That's significantly and
• 7:46
  noticeably cheaper than the average and that is a clear and
• 7:51
  permanent competitive advantage. I want to share with you the
• 7:55
  next bit because when I read it, I started to really get a full
• 7:59
  grasp of how special these less silver is.
• 8:03
  Mike Pettingill, Senior Vice President of Business
• 8:06
  Development and Strategy, emphasizes the project's robust
• 8:11
  economics. The net present value to CapEx
• 8:14
  ratio puts Visla in a league of their own.
• 8:20
  But what might be the most important point to consider is
• 8:23
  what's demonstrated in this chart.
• 8:25
  It distinctly shows that Panuko, which is Visal, a silver
• 8:29
  project, can produce 15.2 million ounces of silver
• 8:34
  equivalent per year, making it the largest undeveloped mine in
• 8:40
  the world. Let that sink in as we're
• 8:43
  entering 2025 in a very favorable environment for silver
• 8:49
  prices. Visa has established a clear and
• 8:52
  methodical path toward production at Panuko, backed by
• 8:57
  a strong financial position with over $90 million in cash and no
• 9:03
  debt. Global silver demand is
• 9:06
  forecasted to reach 1.2 billion ounces in 2024, which could mark
• 9:11
  the second highest level on record.
• 9:15
  Nikki Shields from MKS Pop says silver is in a shortage and
• 9:20
  there's a notable draw down in the available physical stocks
• 9:23
  held in New York and London's physical hubs.
• 9:28
  And even more so than what we're seeing in gold.
• 9:31
  Shields added that silver is expected to post deficits of
• 9:35
  more than 100 million oz over the next five years, with
• 9:40
  industrial demand spurring the tight supply.
• 9:44
  And look at this, these lists currently valued at .49 X price
• 9:49
  to net asset values, while the producers are valued at 1.28 X.
• 9:56
  In other words, in the next two years as the company advances
• 9:59
  toward production, on paper, the revaluation from .49 X to 1.28 X
• 10:07
  represents an upside potential of 191 percent.
• 10:13
  I want you to think about that because we're talking about a
• 10:16
  company with 90 million in cash, no debt, Sprott and Franklin
• 10:22
  Templeton as biggest shareholders, low cost, high
• 10:26
  yield project, which is going to likely be one of the top ten
• 10:31
  largest silver mines in the world.
• 10:35
  I'd like to thank Visla Silver for sponsoring this video.
• 10:38
  It's definitely a stock that I'm going to be keeping a close eye
• 10:43
  on. I'm not a financial advisor, do
• 10:46
  your own due diligence, but I think the future looks very
• 10:49
  bright for Visla Silver. This is a big warning for Elon
• 10:55
  Musk because when we look at what the charts are telling us
• 10:59
  about the future for the silver price, when we look at the
• 11:02
  fundamentals and when we realized that Elon needs a lot
• 11:07
  of silver to satisfy the demand from his company's electric
• 11:11
  cars, solar space. I think Elon needs to secure
• 11:16
  himself a solid source of silver if he wants to survive in the
• 11:22
  future. Hey, thanks for joining me here
• 11:24
  in the basement. The future looks absolutely
• 11:28
  bright for Silver. It's always a big honor when you
• 11:31
  join me. Thank you and I'll look forward
• 11:34
  to seeing you next time.