In this video, we explore the current trend of FOMO or fear of missing out in the silver market and how it could lead to explosive price increases. We discuss how coin dealers are reporting increasing difficulty in sourcing silver products, particularly 90% or junk silver, which is becoming almost impossible to find. The premiums being charged for silver are also astronomical, signaling a high level of demand in the market.
Despite this, the number of people purchasing silver and gold remains limited. However, we explore the potential impact of a flood of new people coming into the market, which could lead to amazing returns.
We examine how this FOMO-driven trend could impact the silver industry, and what investors should be aware of before jumping into the market. Whether you’re a seasoned investor or new to the world of precious metals, this video provides valuable insights into the silver market’s current state and what the future could hold. Don’t miss out on this opportunity to learn more about the potential benefits and risks of investing in silver.
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49 Comments
Love watching your videos Ron!
Factor $85 at the bottom for generic bullion to be fought over at $5 over spot just leads me to believe that it will stair step up in premiums here in North America w/ Canadian Maples, the choke hold on Eagles, to the true scarcity of Mexican Libertad. In just a few weeks the heat will be turned up on this so called FOMO
Let the FOMO go on, I will await the pullback then watch what comes in. Even a small pull back will get me to purchase a lot if ppl try to sell off. ๐ช
If price drops back below 20 dollars I quit.
Love it ..silver and gold ..I been buying silver for long time ..just waiting for big time
Thank you Ron for taking a realistic look at what is going on very down to earth info.
The worst thing about unicorn fart dust is after I'm done I have to wipe it ๐ ha ha ha
Don't be a part of the trend–just do NOT buy any for a while…
Think about what you think about
Would it be possible for a video from you and Coin Shop Chris, explaining the amount of silver content in coins after 1964. I've seen somewhere in my research the the content of some years is still worth knowing. Thank you Ron.
๐๐ฅ๐
Eventually events are going to occur that will support a more fair, more realistic price. Manipulation can only last so long and eventually it will have to edge closer to it's true value. The elites are still stacking out of greed to prepare for economic woes for the dollar. They're ensuring they have a seat at the table post dollar domination. We can't compete or outspend them, but we can ensure we have a leg to stand on. As other states come aboard recognizing metals as money and a store of wealth, eventually its worth will emerge. Add what you can, but for now we still need to stack cash as well. Happy stacking all.
"In order to succeed, we must first believe that we can." – Nikos Kazantzakis
Another run-up like crypto lol someone's gonna be left holding the bags
lol you got a big brain Ron. Last month I did sell 50 1 oz coins to the shop. It was wonderful
The GSR is nonsense there are no premiums accounted for… For paper trades maybe but no stacker is trading 80oz of silver for 1 oz gold.
The dollar continues die be patient, the gears are turning and not in the US Dollars favor as BRICS continue to come together as well as the population is waking up! Keep up the good work Ron ol buddy ๐๐ช๐ฅ๐ฐ๐โ๏ธโฌ๏ธmetals!
Iโm hoping for $17 so I can get someโฆ
It's never going to be back down to $17 it's staying where it's at and going up.. if this world ๐ expects to go green ๐ they better be coughing up some silver cuz they definitely don't have enough for the cars solar panels medical bombs electric buses electronics in general no way man ain't going to happen so that price better get up there to where people will start selling a little bit because I know that I'm not selling any of my precious metals at this time
JUST KEEP STACKING !
Rafi Farber ( BIG SILVER BUG)
Just returned from Israel ; and he has his latest video explaining the civil unrest in the streets !
Riots , and military soldiers talking about en mass taking off their uniforms !
LASTLY – the local currency is the shekel .
It is said to be crashing .
He says that the country is all basically wanting to exchange their โ shekels โ for PHYSICAL SILVER !!!
What would THAT DO TO THE GLOBAL mined supply of physical !!!!
Cha – Ching !!!!!
( stop whining about premiums )
โ todays high prices –
are tomorrowโs bargains โ
BAM !
Peace โฎ๏ธ
I bought 25 maples on 3-13-23 and today they would cost me 210.00 more.
How about the tropic of Sir Gallahan fart dust.
17 18 dollar silver PLEASE!!!
Trump had it right. All news in America is fake news. Euro news and Rueters, is at least half true
Silver volital…not a good investment
I don't believe silver will go down at this point. The cat's out of the bag and people are buying silver like crazy. Even if the paper silver market beats down the price premiums will just get higher. I went through a bunch of on-line dealers and premiums are through the roof and availability is limited. I saw constitutional at $1 face for $31.
The way premiums are, meant no profit… It has to go really really high in order to make any profit, in many cases
just wanna make 1 last buy before it takes offff๐จโ๐๐๐๐๐๐น
Holding 20% gold, 40% silver, 20% Pt and 20% Pa. All vaulted so i can swap as ratios move.
๐ฆ fart dust
Comment
$5 downside risk.
Unlimited upside potential. $300 – $600?
METALS ARE MOVING.LETS KEEP GETTING IT WHILE WE CAN AFFORD SOME
Nice outro!
Soooo… question for folks who are waiting for silver to go sky high: What will do you when it happens – will you sell some silver and buy… gold? platinum? Just curious.
What you mean is the establishment has a plan and this very sensible buying spree many are on screws up their plan of continuing to manipulate the markets across the board to rob everybody blind? And it's pissing them off?
America is going to be invaded militarily soon, and it's not going to matter. Hopi profecies. Watch, 'Ahkimas message to the world" parts 1, 2 & 3. Ahkima 2013, ect.
I'm excited. Just bought a bunch weeks ago.
Mexico produces 200 million oz each year with 1 billion proven reserves. I stack silver but be careful
Wife received 5 tubes (100 qty) of 2-oz silver mayflower coins she ordered in February, not knowing at the time that her timing on price was pretty darn good. Her silver stack is complete & sheโs happy. ๐. So Iโm happy. ๐
$18 Silver. Hmm, might be nice to average down my latest buys. ๐
This is what preppers and stackers have been preparing for. I am going to continue to stack because I believe the dollar is heading for collapse. Enjoy your content.
#trudeaumustgo๐จ๐ฆ๐จ๐ฆ๐จ๐ฆ Heโs in the WEFโS pocketโฆ..๐คฌ๐คฌ๐คฌ
My good friend just bought his first 2 ounces of silver last weekโฆ๐๐ป๐๐ป
I have slowed down just purchasing 1 or 2 10 oz bars a month now.
Platinum is what Iโm moving on to since silver is strapped. Platinum used to be much higher than gold also.
I personally do not worry about price. If silver goes to 100 dollars a onz, Will you sell it for fiat? Worthless paper. I hope the day never comes when I need to touch my gold or silver, because when I tap into that, times will be rough.
We do Not want silver to shoot up Fast, we don't want silver to be $80. You have no idea what this will do to ALL other prices.
And just how much silver are you going to buy when it's $85 oz? ๐๐ป Who do you deal with at Scotsman?
Multiple LCS I've visited recently have been wiped out by mostly first time buyers and I don't see a drop in demand from any sector. If prices do drop for some reason, I see these first time buyers buying again to off-set their original costs. I feel things will get worse for us all… no significant drop in price, more demand and shortages. We may never see $20 silver again…