When $85 SILVER seems *IMPOSSIBLE* (how to become a believer)

Explore the intriguing dynamics behind the elusive $85.00 silver price in this eye-opening video. Delve into the global landscape of skepticism and uncertainty, both domestically and geopolitically, that has kept this target seemingly out of reach. Uncover the compelling interplay of supply and demand, discovering why a shift in these factors could propel silver prices to new and sustainable heights. Join us on a journey through the silver bullion industry, gaining insights into the potential for precious metals to establish a lasting presence at significantly elevated levels. Don’t miss out on unraveling the mysteries of silver’s pricing potential!

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Hey everybody Welcome to R basement and I hope you enjoy my daddy’s Show the next 12 to 24 months may very well prove to be the most explosive that we ever experienc during our lifetimes how does silver fit into that likely you’re a person who holds some physical silver I want to take a look at some of the big picture factors going on with

Silver will it really protect us in times of economic turmoil maybe it already has you may be watching this video at a later date maybe silver reached 40 50 maybe all-time high levels measured in nominal terms of $85 an ounce nonetheless when we look at what’s going on with silver within the

Context of what’s going on in the world there’s a great case for higher real values in silver we know over the last few years there’s been more silver demanded the world needs more silver than is being provided by the mining companies and the Recycling Industries those are the two main sources of supply

For silver now there’s this whole argument about stockpiles of silver but at the end of the day wouldn’t you say that if anything oil silver gold bread wheat whatever it may be if there more demand from the market than is being produced on an annual basis doesn’t it

Make sense that eventually the price in real terms eventually goes much much higher and what if we look South of the Border into our friend Mexico did you know Mexico produces almost onethird of all silver that’s produced every single year one thing for sure about Mexico if

If you follow the mining industry you know the last few years have been very difficult in Mexico for mining companies their production is going down down down there’s new political leadership making it very difficult to mine in Mexico there’s social issues there’s strikes at mins there’s blockades at mins companies

Are shying away from investing money into Mexico and again they provide onethird of the world’s silver what is that telling us from a big picture perspective and what do you think when you hear that 80% of all silver that is produced every year is actually a byproduct from other mining activities

That can tell us two things number one silver is somewhat of an afterthought to some of the big mining companies so as demand for silver goes up and up and up and price as well well those companies are more focused on things like copper or zinc they aren’t going to be able to

Automatically increase their silver production if you’re looking to buy gold silver or platinum do yourself a favor and check out pinck the online precious metals bullion dealer and sponsor of Ron basan I was a happy customer before they offer to support the channel you’ll find they have the best prices quality and

Service I think pinck is best and you will too and be sure to tell them that you’re from Ron’s basement what do you think about silver when you think about the bricks countries or should we say the bricks plus countries now no discussion of silver is complete without

Mentioning India and China and that’s just the IC the ick in the bricks they are demanding silver at an ever increasing rate heck in 2022 India alone imported over 300 million ounces of silver and while the numbers in 2023 did not match that they were still significant and those numbers show just

How much demand for silver is growing in the Eastern countries have you heard Chinese refiners throwing up their arms saying we need more silver China is producing solar panels at a rate which makes our eyes roll back there is so much demand for silver in the Eastern countries that it will absolutely have

An impact on the price on a worldwide basis because think about it over the last number of decades the silver price was held like a strangle hold by the west by the comex by the lbma and that situation is changing because on top of the Chinese and the Indian countries

Just demanding more silver they’re also making concrete moves to start their own markets to trade silver on their own to to to conduct their own price Discovery because they know that the real price of silver should be much much higher and we’re seen evidence of that even on the

Shanghai Gold Exchange on the Shanghai Futures exchange where several times over the last number of months the quoted silver price was 10 12 14% higher on the Shanghai Gold Exchange than what we saw in the West on the comex and the lbma what is that telling us one company

That is having great success getting gold and silver out of the ground is channel sponsor Fortuna Silver Mines you can check them out at fortunas silver.com they’re a global gold and silver Mining Company they’ve had great success over the last few years building new mines they have a solid balance

Sheet and what I think is a worldclass management team again check them out at Fortuna silver.com but when we think about what’s going on in the world with the silver market right now we can look forward to some much much higher prices as we head into the coming year five

Years and 10 years investor demand for silver over the last year has been down and while that might make us initially pessimistic about silver something to remember is that investor demand for silver typically skyrockets when the price goes up for some reason silver investors have this

Real bad habit of selling as the price goes down but rushing to buy fear of missing out as the price goes up have you ever thought about the fact that the silver market is one of the oldest markets in the world and what comes with age wisdom and as we move into these

Coming 12 to 24 months which could prove to be extremely explosive remember Silver’s wisdom will allow it to look out into the future and accommodate what it sees as some very significant changes on the horizon silver has been around for thousands and thousands of years it’s survived all of the turmoil that

The world has been able to throw at it over the Millennia and it will continue to survive and thrive in real terms real value for thousands of years to come think of your silver like a battery that stores value not electricity it’s the best transmitter of electricity on the

Planet but it can also act as a battery to store value that same 1 o of silver that you may be holding in your hand right now has about the same value today that it had for a person who lived 1,000 years ago that should give you some

Solace some comfort that investing in silver is a good way to protect your wealth have you noticed over the last few years that big world events Black Swan events miniature Black Swan events that they’re happening on a much more frequent basis and at a much more extreme level again silver can

Anticipate this silver looks out into the future now you likely have already boarded the silver train you’ve got your seat you’ve got your bags right when that train starts to leave the station there’s very few open seats the silver market is very very small when everyone

Rushes to want to to board the train the locomotive will be pulling away it may very likely become difficult for investors to find any physical silver to get into their possession and we have ample proof of how quick this can happen if we look just back nine months ago to

The banking crisis that happened in March April of 2023 you couldn’t get silver at your local coin shop there were wait times of four to 6 weeks at most all the big online bullion dealers as we enter this period of major change in the next one to two years

There’s no guarantee anything will happen with the silver price but when I look at the big picture when you look at the big picture of what’s going on it sure feels like we’re headed for increased real value in the silver price none of us know for sure none of us have

A crystal ball the best we can do is look at all the crumbs piece things together and make the best decisions that we can I’ll be here for you through it all I appreciate you joining me today here in Ron’s basement if you’ve enjoyed your visit please give this video a

Thumbs up subscribe to the channel That helps and it’s free most important be well and I’ll see you next time