Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / SILVER Investor⚡You BEST Consider THIS - (Gold and Precious Metals)
Transcript
- 0:00There could be big money to be made in the silver sector.
- 0:05I'm not talking about just physical silver.
- 0:08We're going to talk about the junior silver mining stocks
- 0:11today because they say if you want leverage to the price of
- 0:15gold by silver, if you want leverage to the price of silver
- 0:20by the silver miners, and if you want real leverage to the silver
- 0:24miners by the silver juniors, the explorers and the
- 0:29developers. Those are the companies and
- 0:31there's just a few of them that are out there exploring and
- 0:35developing silver deposits in the ground.
- 0:38We could be set up for a big, big explosion in the price of
- 0:44these junior silver developers and explorers.
- 0:47I'm going to tell you some very interesting reasons why in this
- 0:51video. Now, remember, I'm not a
- 0:53financial advisor. Stocks are risky.
- 0:56Mining stocks are risky. Junior mining stocks are even
- 1:00riskier. So do your own diligence.
- 1:03Always be responsible. Talk to a registered financial
- 1:07advisor if that's what you need to do.
- 1:09But beware. Again, I'm not a financial
- 1:12advisor, but I think that we could be on the cusp of a very,
- 1:17very lucrative time for these junior silver mining companies.
- 1:21First thing we'll look at, I got a whole list to go through #1
- 1:25we've yet to see the generalist investors come back into the
- 1:29gold and silver mining sector as a whole.
- 1:32They've come in a little bit. There's more interest than there
- 1:35was a year or two ago. But guys, when they come back,
- 1:40we've had such little interest investing in the mining sector.
- 1:43It's been like a ghost town for the last three or for five
- 1:47years, 10 years. Any of us who've been here and
- 1:49I've been doing it for decades can tell you right.
- 1:52It's like a high school gymnasium full of people that
- 1:55are trading the stocks with each other.
- 1:57We aren't going to need a big number of people to come into
- 2:01the sector to make a massive, massive impact.
- 2:06OK, now when we talk about the junior silver development
- 2:09companies, companies that are exploring and and developing
- 2:13deposits of silver in the ground, there's even fewer of
- 2:17those. OK, here's the reality.
- 2:20Over the last several decades, some people may say because of
- 2:23the suppression of the price of silver, there hasn't been a lot
- 2:27of profit being made in the silver mining sector.
- 2:30As a result, a lot of the silver miners were fighting to eke out
- 2:35even the smallest of profits. And as a result of that, think
- 2:39about it, they didn't have a lot of money to spend on exploring
- 2:43for new silver deposits in the ground.
- 2:46So we're coming on a situation where if we do continue, right,
- 2:51if everything continues along the same path that we're seeing
- 2:54right now in the silver sector, massive deficits, right, demand,
- 3:00way, way, way out, stripping supply for what the last five
- 3:04years and the price of silver corrects to the upside.
- 3:09Suddenly everybody's don't want to get their hands on silver,
- 3:13but hardly anyone's been exploring for it or developing
- 3:17silver projects in the ground. Now on top of that, on top of
- 3:22that, consider that a lot of the world silver comes from Mexico.
- 3:26And while there's some great companies out there that are
- 3:29able to mine silver in Mexico, by most accounts, it's become a
- 3:34little more challenging to run a mine in Mexico over the last
- 3:38five years. So the world's biggest over
- 3:41producing country isn't exactly making it a conducive
- 3:46environment for companies to develop new projects.
- 3:50We're coming into a period of time where what we could see
- 3:54easily is huge demand for silver, but just not a pipeline
- 4:00of new projects to satisfy that demand.
- 4:03So the few companies that are out there right, exploring for
- 4:08silver, developing these projects could become very, very
- 4:12valuable. Now, again, I'm not giving
- 4:14financial advice, but I can tell you for years and years, some of
- 4:18the companies that I've owned, Dolly Vard and Silver, Silver
- 4:22Mountain Resources, Suma Silver, which is now merging with Silver
- 4:2647. And there's more.
- 4:29I'll try to think of them as I go along here.
- 4:31But there's even more things that we need to talk about as
- 4:34we, as we look at the situation, you know, in, oh, here, here,
- 4:39here's here's the cherry on top. That whole scenario that I laid
- 4:43out increased demand for silver, a limited supply of silver
- 4:47development and exploration stage companies.
- 4:51When the silver price takes off, it will take even if a bunch of
- 4:56new companies pop up out of the blue, right?
- 4:59They come out of the woodwork and say, oh, we're a silver
- 5:01explorer, we're a silver explorer.
- 5:03At best, it's going to take 5, in most cases 10 years for them
- 5:08to go through the whole process of exploring, developing,
- 5:13getting permits, all that to have any real impact on the long
- 5:18term silver supply. So I just feel like, and I
- 5:21wanted to share this with you that we're going into this
- 5:23period of time that is so crazy conducive for the junior silver
- 5:28development stage and, and, and, and exploration stage companies.
- 5:35And we're starting to see right, a little glimmer of, of hope on
- 5:40the institutional western side when we're seeing that ETF flows
- 5:45for silver are going up and up and up.
- 5:48The other thing to remember as we think about this potential
- 5:52scenario again, right, this is just the way I see it.
- 5:55These things are risky absolutely.
- 5:58But if and when the silver price gets 50, sixty, $70 per oz,
- 6:04think about this. The big silver miners, right?
- 6:08Companies like First Majestic will be printing money.
- 6:12All the silver mining companies. And even though there aren't a
- 6:16lot of them, there are enough that they will be making so much
- 6:19cash flow because when silver goes from $40 to $60.00, that
- 6:24additional $20 per oz, almost all of that flows right to the
- 6:29bottom line and creates additional cash flow for these
- 6:32companies. They will be flush with cash and
- 6:37at the same time very interested in securing their future supply
- 6:42of silver, which one great option for them will be to look
- 6:45at the junior silver development and exploration stage companies.
- 6:50Now, you know, I also love physical silver and I want to
- 6:52show you this one ounce round that I got from First Met.
- 6:57I just talked about First Met Majestic silver first mint is
- 7:01owned by first Majestic silver. So first Majestic Majestic
- 7:06silver mines the silver in Mexico ships it to Las Vegas, NV
- 7:13Look at that. That's the Las Vegas round very,
- 7:16very cool All right first mint in Las Vegas then creates these
- 7:20world class silver bullion products.
- 7:23So what's unique about First Mint is the silver little
- 7:26literally goes from the mine to the meant directly to you.
- 7:30There's no COMEX, there's no LBMA involved.
- 7:33You can learn more about them at firstment.com.
- 7:37They do have a discount code which is VIPRB.
- 7:41Great prices, great selection and a company that you can
- 7:45trust. Also want to say thanks.
- 7:46We talked a lot about the silver development and exploration
- 7:50stage companies, but a lot of the same concepts are true on
- 7:54this, on the gold side as well. And one company that I really
- 7:58like, Spike and sponsors, my channel is First Mining Gold.
- 8:02They're a Canadian gold development stage company.
- 8:05They've got 2 massive projects, Du Parquet in Quebec and Spring
- 8:10Pole in Ontario, Gold in the ground in Canada.
- 8:15You can learn a lot more about them at firstmininggold.com.
- 8:18Look, mining stocks are risky. All stocks are risky.
- 8:22Do your own due diligence. But what I see in that area
- 8:26right now is an unbelievable value opportunity.
- 8:31I've been wrong before in the past, but I've also been right.
- 8:34And what I when I look at the opportunity that we're looking
- 8:38at right now and when I look at the big picture for the silver
- 8:41price and the gold price, I'm very excited about what we could
- 8:45be seeing coming down the road. Oh, I almost forgot.
- 8:49Thanks for joining me here in the basement.
- 8:51OK, This is not possible without you, without your participation.
- 8:55We'd love to talk about gold and silver.
- 8:58I want you to come back. We're still running that special
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- 9:15Most important, be well and I'll see you soon.