Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **SILVER PRICE SQUEEZE** 4 Key FACTORS - Happening NOW!... (Gold Price Too)
Transcript
- 0:00A silver squeeze where the price goes up to 80 or $100 per oz.
- 0:05Are we imagining things or could it really happen?
- 0:08Is it something that you're interested in hearing about?
- 0:12I'm getting overwhelmed by emails, text messages from
- 0:16people in this community asking my thoughts on the silver
- 0:20squeeze. We're going to talk about the
- 0:22four big factors that will need to be in place for the silver
- 0:27squeeze to occur. And I got a hint for you, 2.5 of
- 0:31them are already in place. We could be heading for some
- 0:35green green pastures in the silver price.
- 0:38Let's get started right now. If you want to build something
- 0:50right, what's the first thing you will do?
- 0:53You will build a good solid foundation in the first two of
- 0:58the four factors supporting the silver squeeze are all about
- 1:02that foundation in the foundation has been laid.
- 1:06Hey, before we talk about that, I want to say thank you to
- 1:09channel sponsor Pinbex Pi MB EX. If you want to get your hands on
- 1:14some silver, gold or platinum group metals, do yourself a
- 1:18favor check out Pinbex. I always find they have the best
- 1:22prices and the best service, but you need to find that out for
- 1:26yourself. So what is factor number one of
- 1:30four that will support the silver squeeze?
- 1:32That could easily send the silver price to 80 or $100,
- 1:37maybe a lot sooner than you are anticipating.
- 1:40That is the fundamentals and we will talk about that very
- 1:43briefly because you know, I'm already the demand for silver is
- 1:47skyrocketing. Solar electric from the Eastern
- 1:52countries. Everywhere we look, there's more
- 1:55and more demand for silver, while at the same time the
- 1:59supply is shrinking. The amount of silver available
- 2:02to supply, the increasing demand is actually shrinking.
- 2:06The amount of silver being dug out of the ground right now
- 2:10every year is shrinking. So yes, check that box.
- 2:14Number one of four, we have fundamental support for the
- 2:19silver price. What about factor #2A new
- 2:23pricing regime? Again, we could talk for hours
- 2:27about the fact that the COMEX and the LBMA have manipulated
- 2:30down the price of silver for decades, but that is all
- 2:33changing now with the emergence of India, China, the other BRICS
- 2:40countries that are the new regime, the new sheriff in town.
- 2:44When it comes to the silver price, the Shanghai Gold
- 2:49Exchange is taking over. Does it explain why silver in
- 2:54China cost $4.00 per oz more right now?
- 2:58So can we check box number two? We checked fundamentals #1 we
- 3:04can now check box #2A new pricing regime.
- 3:09You're gonna need more than two out of four of these factors to
- 3:13catalyze this massive potential silver short squeeze.
- 3:18And like I said at the beginning, we have two and a
- 3:20half of the four factors in place.
- 3:23The half factor right now is a big, big short position.
- 3:29Look, the top analysts are all saying that there's a near
- 3:32historic level of shorts on the silver market, in the paper
- 3:37market, in the electronic market where millions, some say
- 3:40billions more paper ounces are traded every day, every month
- 3:46than actually exist, multiples more than the mining companies
- 3:50are able to produce every year. But the bottom line is we do
- 3:54have that big short position in place.
- 3:58These big bullion banks, big dealers have sold silver with
- 4:03the idea that they'll buy it back at a later date for a lower
- 4:07price. That puts them in a little bit
- 4:09of a predicament as we've seen silver rise over the last three
- 4:13or four months from around $2223.00 an ounce up to as high
- 4:17as $32 per oz. So we got the fundamental factor
- 4:22in place. We've got the new pricing regime
- 4:24in place and we have half of the short position in place.
- 4:28And why do I say half? Well, because we'll need those
- 4:32shorts that cover to really send the price of gold.
- 4:37I'm sorry, silver skyrocketing gold too, but we're focused on
- 4:41silver right now. So what could be the catalyst to
- 4:45make that happen? It could be a break at the
- 4:48COMEX, a break at the LBMA forcing, forcing the price of
- 4:54silver to be realized through the physical market.
- 4:59But what's factor #4 factor #4 would be exploding, expanding
- 5:06Western investor demand. Because remember #1 the
- 5:11fundamentals are in place #2 we do have a new pricing regime #3
- 5:16right? The gun is loaded.
- 5:18The big bullion banks have a massive short position.
- 5:22So that last 1 1/2 factor right? The, the, the, the, the, the
- 5:27buying back of the short positions.
- 5:30But that could even be more exaggerated by exploding
- 5:34investor demand in the West, because nobody in the West
- 5:38except us is invested in silver and gold.
- 5:42So if the investors start to come back and that pushes the
- 5:45price up into the mid 30s, up into close to $40 per oz at that
- 5:51point, right, The big shorts, the big banks that have these
- 5:55massive short positions could easily panic and find it
- 5:59necessary to attempt to cover their shorts, buy it back, which
- 6:02would add even more buying and more fuel to the price of
- 6:06silver. Hey, thank you for joining me
- 6:09today. Let's say thanks to our mining
- 6:11company sponsors First Mining Gold and Fortuna Silver.
- 6:15Without the support of the sponsors, Ron's basement
- 6:18wouldn't be possible. I hope that after watching this,
- 6:21you have a little clearer picture on how the silver shorts
- 6:25squeeze could easily play out. Remember, we got the
- 6:29fundamentals, we've got the new pricing regime, the short
- 6:33position is there. Now we just need the catalyst,
- 6:38which easily could be any of the three mentioned, right?
- 6:43The fundamentals, the new pricing regime or even Western
- 6:47investor demand exploding, which could force this massive short
- 6:51position to need to be covered and we could see 80 or $100
- 6:55silver. Have a great day.
- 6:57I'll look forward to seeing you soon.