Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🙀 Will Silver & Gold Keep Soaring? Key Reasons This Rally May Be Just Beginning!
Transcript
- 0:00The gold and silver price continue to March higher and
- 0:03higher. Gold at all time highs.
- 0:06Will it continue? In this video, we're going to
- 0:09look at some interesting developments that I believe lead
- 0:12us to believe it will continue. Look, I remember sitting down
- 0:16here in the basement two or three years ago with gold around
- 0:20$1600 per oz, silver fighting for $20 per oz, feeling that
- 0:26frustration, thinking was this all a big mistake, stake.
- 0:30But we believed, we actually knew that much higher prices for
- 0:35gold and silver were to come, that the Fed would be forced to
- 0:39print more money. And let's start taking a look at
- 0:48a couple articles here that indicate to us that we are in
- 0:52that zone right now. Today we got consumer sentiment
- 0:56cratering further as inflation expectations soar to the highest
- 1:02levels since 1981. Consumer sentiment tumbled
- 1:07further in April as the impacts of President Trump's tariff
- 1:11policies were top of mind. This was the University of
- 1:15Michigan Consumer Sentiment survey.
- 1:17But if we go down here, read this.
- 1:20Pessimism over the inflation outlook soared again as one year
- 1:25inflation expectations jumped to 6.7%, the highest since 1981.
- 1:34Guys, that is big. Big news, a big, big deal,
- 1:40because we know, right in 1980, gold and silver had just wrapped
- 1:45up one of their most unbelievable rallies in modern
- 1:49history. We are in stagflation.
- 1:52Stagflation is the most fertile ground for gold and silver.
- 1:57And that data there helps corroborate the fact that that
- 2:00is where we're heading and what we can expect.
- 2:03Let's see what our friend Jamie Dimon from JP Morgan had to say
- 2:07this morning. Take a look at his headline,
- 2:09which says JP Morgan's Diamond says the economy is facing quote
- 2:14UN quote, considerable turbulence.
- 2:18Let's review basement dwellers. What is stagflation?
- 2:23A stagnant economy like Jamie Dimon just tells us considerable
- 2:27turbulence with inflation. What did the University of
- 2:31Michigan consumer sentiment survey tell us that people are
- 2:35expecting the highest level of inflation since 1981.
- 2:39The bottom line is we don't have to be Albert Eisenhower to
- 2:43figure that out. We are in stagflation and it
- 2:46will likely only get worse and it will create a situation where
- 2:50the dollar will continue to go down.
- 2:54Let's go take a look at the DXY index because that is telling us
- 2:58everything. A lot of the smartest guys in
- 3:01the room are telling us right now that if this breaks below
- 3:06100 and stays below 100, we will have a rocket ship ride in.
- 3:13The silver price in particular, the silver has a lot of catching
- 3:16up to do at this point. And if we look at this on a long
- 3:19term basis going all the way back to the mid 1980s, right,
- 3:25for us to get under 100, we're going to draw a line on here is
- 3:30not out of the question. Actually could probably be
- 3:34expected because as you look back over the last what, almost
- 3:3740 years of data, we can see that the DXY index spent a
- 3:42majority of the time below 100. Again, this will act as a
- 3:48catalyst to send the silver price much, much higher.
- 3:53And if we take a quick look at the prices now, we see gold in
- 3:56the futures markets, $3248 per oz silver pushing up against $32
- 4:06per oz copper, platinum and Palladium also in the green.
- 4:10But guys, we we have a situation right now right under our noses
- 4:15that looks very favorable for even higher prices in the metal.
- 4:20We know is the dollar continues to lose value.
- 4:23That's only going to be reflected in higher prices for
- 4:27things like silver and gold. And how about $70 silver?
- 4:32Robert Kiyosaki, he said question, is silver more
- 4:36valuable than gold or Bitcoin? Answer.
- 4:40I say yes because demand for silver is increasing for use in,
- 4:45oh have you heard this? Solar panels, electric vehicles,
- 4:48computers, electronics, weapon systems, medicine, water for
- 4:52purification, actually the list goes on and on.
- 4:55But he points out here that supplies of gold and Bitcoin do
- 4:59not decrease. However, silver supplies are
- 5:04decreasing and best of all, silver is the least expensive
- 5:08when compared to gold and Bitcoin.
- 5:10And as the price of gold breaks all time highs, silver's price
- 5:15remains 60% lower than its all time high or at just 60% of its
- 5:22all time high. Silver topped out in 2011 at
- 5:25$50.00 an ounce. We're trying to push above the
- 5:2830 level and hold right now, right?
- 5:32We're only 60% of the all time high, whereas all these other
- 5:36metals have gone so much higher. Why OK is the price of gold
- 5:40breaks to all time highs? Silver's price remains in that
- 5:4360 percent range. Why?
- 5:45Because silver is useful and it's price has been suppressed
- 5:49for decades to keep silver affordable for industry, he
- 5:53says. I believe silver's price
- 5:55manipulation is over. I strongly believe the price of
- 5:59silver will slingshot to new all time highs, possibly 2X to
- 6:04$70.00 an ounce in 2025. Time for you to buy a little
- 6:10more silver. Well, I'll leave that up to you.
- 6:14You remember, I'm not giving financial advice, but I happen
- 6:17personally to agree with Robert Kiyosaki and I've made a public
- 6:21prediction that we will have $70 silver by April 1st of 2026.
- 6:27No matter how you slice it or dice it, the reality is this
- 6:32guy's we are in an epic bull run in the precious metals and the
- 6:38conditions are right for that to continue.
- 6:41I'll stay on top of it. I appreciate you joining me here
- 6:44in the basement. Please subscribe to the channel,
- 6:46give this a thumbs up, share it with your friends and family.
- 6:50Silver and gold are in for a wonderful future.
- 6:54I'll look forward to sharing it with you.
- 6:56Have a good day and I'll see you soon.