Peter Krauth | Silver miners explode within 24 months after Fed stops raising rates, +413% avg gains
so the average of those last three
rallies that really only span about 24
years so three big um rally Cycles uh
the average is
43%
[Music]
so so you talk about this supply side
are industrial users rating silver ETFs
right now like looking back through the
charts SLV never saw sustained falling
inventories not even during major price
corrections but since 2021 it’s actually
down 40% so what’s happening here what
is what is the impact of the falling
inventories so here’s the chart that I
actually put together it uh I you know I
had this suspicion that industrial users
were getting their silver somewhere um
one of the sources I suspected we can
talk about that in a moment is um is
some of the Futures markets but silver
ETFs hold a lot of physical silver um
you know there all kinds of debates
about how much of that is really there
but if we go on the assumption that it’s
there um just looking at one silver ETF
the world’s largest SLV it’s 10 billion
has about 400 million ounces of
silver and this is the oldest silver ETF
it’s existed since
2006 and so this chart shows you if you
look at the first two polygons these are
in green and what they show at the
bottom is
that the first polygon shows that the
amount of silver held by by the ETF Grew
From about 2009 uh 2008 to 2009 this was
the global financial crisis while the
price of silver actually corrected
pretty significantly so that was
interesting silver Holdings grew within
the ETF then you had this big price
correction from 2011 till about 2013 in
the silver price and yet a small
correction to start with and over time
the silver Holdings essentially move
moved sideways they were flat there was
no big selloff in the in the silver
Holdings fast forward to 2021 and you
have a side essentially sideways moving
silver
price but a peak in the silver Holdings
which would have been early
2021 and then a gradual consistent
selloff up until today in SLV Holdings
of silver so my view is that you have
large industrial users are buying silver
ETFs so ones that are backed by silver
they’re going to the uh administrator
and they’re saying I’ve got here you
know X number millions of units of this
ETF I’d like the silver here are my
units this is where I want it delivered
and so they’re taking physical delivery
of that silver that’s one way to access
it you’re essentially paying spot for it
and then I’ve got I was also you know
wondering about what was happening in
the
Futures uh uh markets so there are three
the three major ones being the comx the
lbma and Shanghai so this shows the comx
well 400 million ounces back in early
2021 currently somewhere around 270
million ounces so that
explains over 100 million ounces of
silver coming out of the comx going
somewhere then you you got the
lbma there this to be fair includes some
of the silver ETF uh silver in in any
case
about say 1.2 is billion ounces dropping
down by about 400 million ounces
currently to just about 800 million
ounces and then you’ve got Shanghai
three3 billion ounces dropping down to
about 1.5 billion ounces over the SP
same time span interestingly all all
three Futures exchanges the silver ETFs
same
drop and so my impression is that you
have large silver consumers mostly
industrial consumers are buying long
Futures contracts waiting for them to
expire and then taking delivery you have
them buying the silver ETFs turning in
their their units in that ETF for for
physical silver so interestingly enough
sense it it it does to me and and
interest interestingly enough you know I
I’m not an expert in this area but you
you kind of piece this together there
was a a report by TD Bank that came out
just about a week and a half or so ago
two weeks ago and they had essentially
the same conclusion and I just saw that
report about three four days ago and
they’re saying that and my estimate and
it’s nobody really knows for sure what
above ground stocks are of silver um
but based on this this the pace of this
trend unless it slows or reverses and
I’d be interesting to see if it does or
not but uh you know it’s easy to follow
they felt as do I that we had about
perhaps 12 to 24 months before these
secondary I call them secondary
inventories are are drawn down and
completely uh emptied and at that point
you’re going to have a big consumer who
was you know comfortable and used to
using this method of getting some silver
uh holding a long contract that uh The
Exchange is going to tell them sorry no
more silver left um we’re going to have
to pay you out in cash in Fiat or
something and uh and they’re going to
say that’s not good enough I actually
need the silver not the cash and we’re
going to hear about it that’s going to
make headlines they’re going to scream
we’re going to hear about it and uh that
that could certainly be a trigger for
for some kind of a of a of a Mania phase
because that’s going to be a clear
indication there really is there is not
enough silver out there and and you know
could be we could be wrong I could be
wrong TD could be wrong maybe there
there’s more silver privately held
silver out there I would not be
surprised that under a scenario of
higher prices but I think considerably
higher prices $40 $50 you will have some
people selling their silver back into
the market helping to alleviate you know
Supply tightness but based on demand I
just I’m having I’m having Deja Vu I
feel like I heard this story a few years
ago with nickel oh yes absolutely am I
right there was there was an issue uh
I’m trying to remember there was an
issue with some some fund it was they
were a Chinese buyer yeah there were
some fund yeah was was was highly
leveraged in nickel and um there were
Traders Who had who had
I don’t know if you could say forecasted
but they were positioned to benefit from
the uh this this uh issue that came up
in the uh in that in the nickel market
and in order to save the market the
market turned around and told those
Traders I’m sorry you know we’re
canceling your trades we’re doing a redo
here right you’re out of luck and that
that’s probably in court somewhere but I
you know odds that they’ll that they’ll
see fair treatment I think are pretty
slim amazing all right so so I
appreciate you sharing that it’s going
to be interesting to see how that plays
out so Peter the gold to Silver ratio
historical mean is around 50 today the
ratio sits significantly higher it’s
close to 83 is I think it’s been around
90 for quite some time all in all it’s
historically elevated um where do you
see where do you see this uh ratio going
you know the the there’s been a growth
lag clearly with silver versus gold do
you see that equalizing and then
flipping at some point where silver then
move you know is growing faster so what
what we’ve noticed typically let’s say
over the last say 30 40 40 years or so
is that when you get the silver ratio
the gold silver ratio falling below 80
and then continuing to fall from that
point that sort of tends to be the
indicator the trigger point that you
we’re gonna we are in in a ongoing
sustained uh
rally cycle for silver and at that point
silver uh starts to do very well it
continues to outpace gains in Gold but
not to be forgotten that in that kind of
environment actually both both Metals do
very well so it doesn’t mean that gold
is not going to do well it just means
that silver does better it outpaces gold
uh but but as I say in that kind of
environment below 80 and and continuing
to fall both medals will do well silver
will simply do better than gold and and
outpace its gains at that point assuming
the ratio continues to fall so there’s
been a lot of interesting discussion um
you know from inventory to to interest
rates to uh you know Supply problems Etc
I want to read you something that was
stated by David Morgan of the Morgan
report for your analysis David says for
the record I will state that there will
be another more frenzied scramble which
will carry silver prices to highs that
will repair all the excess paper money
creation price suppression Supply
deficit and bearish sentiment over the
past two decades this will become known
as the great silver crisis do you agree
with this analysis and why all
absolutely do uh I think that David’s a
very smart guy David’s been around uh
this sector for uh quite some time knows
it very well and uh he’s seen how silver
has behaved multiple times in the past
and and what has triggered it and uh I
absolutely agree with that I think that
um you know
uh anyone positioning themselves again
there’s no need to take sort of outsized
risk but any anyone positioning
themselves uh stands to benefit for that
kind from that kind of scenario playing
out I absolutely expect that to happen
when nobody knows odds of it it’s it’s
it’s a when not if that that’s basic it
all right so I’m hearing clearly Now’s
the Time that investors should position
themselves in silver and silver equities
if there was a broader Market pullback
wouldn’t that Smash down the equities so
should investors
wait for that entry point or is it more
of a situation where the market sector
is so small that by the time you think
you can time it and get back in that the
larger players will have already done
there’s not enough uh liquidity there to
capture it and you may not be able to
get it I believe it’s the ladder and
it’s hard to know at what point some
kind of a of a broader Market correction
will come it’s also I mean I would think
that you would see people uh you know
sort
of okay so if silver and silver stocks
were to were to sell off you’d see that
I think more than likely in a scenario
where uh you’d have a more sudden broad
broader stock selloff index selloff and
so that would create sort of a a panic
kind of
environment we don’t know that we’ll get
that if even if we get it we don’t know
when we’ll get it we don’t know from
from what level broader stock markets
could could continue to run for who
knows 3 months 6 months be or longer
before you get that kind of Correction
silver and silver stocks could be
considerably higher at that point right
so that’s the first thing the correction
a correction in broader indices doesn’t
have to come as a as a sharp quick
correction it could come as a very sort
of long drawn out slow fall where you
see this this gradual selloff where
you’re kind of you
know uh cooking the the the Frog by
slowly turning up the uh the water
temperature it it never jumps out
because it doesn’t feel the water
getting hot enough fast enough and and
it’s too late Death By A Thousand Cuts
instead of like jumping off of a cliff
kind of a thing exactly exactly so in
that kind of scenario people don’t feel
the impetus to get out of the broader
stocks and you don’t have precious metal
stocks silver stocks in particular
necessarily
um you know selling off with broad
stocks because the broad stocks could
sell off very gradually and slowly so by
the time you’re down say you know 20% or
so it could have taken a year year and a
half to happen in the large in the
broader indices and and silver and
silver stocks could be much higher at
that point so that’s very tricky that’s
hard to you know that’s that’s anyone’s
guess if anything I’d say it would make
more sense to look at the sector do your
research you know get your feet WT start
to perhaps make decide what you all want
to allocate to how much you want to
allocate and and and make sort of small
gradual commitments you don’t have to do
it all at once I don’t recommend doing
it all at once in fact in the book I
talk about that I say you can do these
these Tres where you you say okay I’m
going to allocate say uh $33,000 to a
given stock well you can do that over a
period of of several months and allocate
say $1,000 to start with watch it for a
while and then decide when you’re
comfortable with that second trash for
example of another thousand and then do
it over time that’s that’s a way to
mitigate some risk of of paying too much
upfront if if the stock were to to back
off a little bit from your initial
purchase so start taking some positions
to secure that you do have positions and
then dollar cost average or exactly
every so often and maybe even keep some
cash on the side so that if there is a
big pullback and they do snap down a
little bit that that would be the time
to buy the final trunch that’s uh an
ideal way to uh to um to present uh the
the approach absolutely I think that’s a
great way to summarize it all right
great all right so the the FED stopped
raising interest rates in July of 2023
it’s been nine months already
historically can you tell us how have
the silver miners performed 9 10 11 20
24 months after the last Fed rate hike
absolutely in fact I was curious about
that because I had seen a chart uh
similar uh talking about gold so I’ve
I’ve not seen this chart anywhere else I
decided I was going to go ahead and and
try and create it myself and see what
the last few uh bull cycles looked like
in in silver when the FED cut rates and
um it’s very interesting that what you
do get is you is is a A runup in the
silver price that starts than Golds run
up in that uh rate cutting cycle so it’s
typically about halfways down through
that rate cutting cycle we can you know
we can see that in hindsight um and
there’s been some tremendous returns I
was surprised when I went and did and
and created the chart to see what it
looked like so that first phase that
first uh rate cutting cycle was back in
sort of 20002 2001 and then by about
late 2001 silver really started to to
run and by the time it had that first
Peak it was up 487 per. that’s amaz it’s
tremendous and then when we had this um
rate cutting cycle again that we had
through the financial crisis that
started in uh say mid or so 2008 and
then you had silver from uh forget what
point it was at at that point probably
around maybe 15 or so dollars uh it had
a tremendous run it had 500% gain um
right up until 2011 fantastic runup and
then early in uh 2020 when we had this
you know very very quick rate cutting
cycle due to the covid pandemic um by
central banks and then you had silver
again in a huge rally up 25% so the
average of those last three rallies that
really only span about 24 years so three
big um rally Cycles uh the average is
43% so if we haven’t even started to see
rates be cut yet um and Silver’s already
at $28 so I mean you know if you just
had the average of four times even from
its current level or even from $25 you’d
be looking at a $100 silver that’s
amazing it it’d be tremendous so yeah I
mean there’s there’s I think a lot to
look forward to there really is all
right so Peter can you name a silver
Miner whose shares aren’t diluted and
are is poised for a sizable run when and
if silver breaks out past $30 for those
watching to consider like just to get
their feet wet absolutely so a couple of
names that uh they’ll find interesting
um I like uh and I’m going to give a
couple of names that are us uh traded a
lot of them are are traded in Canada but
um and these are larger names so one of
them is heckla which I think a lot of
people will recognize it’s a uh it’s
it’s a larger primary it’s it’s the
oldest I think continuously running US
silver Miner um so that is one that uh
they may want to have a look at and then
another one that uh is actually a bit of
so what’s interesting about heckla just
for a moment is that it’s nicely
Diversified they have operations in in
multiple jurisdictions uh a lot of
really nice high-grade Silver Mines um
and then you have a company called mag
silver also us traded uh very
interesting company it’s been around for
quite some time but a much newer CER to
to the space than hecka for example but
so he mag’s been around say 15 or so
years perhaps a little bit longer um
they have truly what’s an anomaly in in
Mexico they have a very very uh large
highgrade Silver Mine uh these very rich
veins wide veins that um are producing
anywhere from around 350 to maybe 500
gram per t silver so that’s that that’s
really big Big Rich uh silver mine um
these are great companies that when
silver runs they will do very well and
they’re amongst I’m going to say sort of
the maybe medium sort of lower to medium
risk type of companies because of their
their size the fact that they’re
producing uh they’re they’re FL cash
flowing and so on these are great names
for people to look at and to to get
their feet wet with yeah I appreciate
you sharing that that so I want to shift
over to one question about Banks here I
I read on your Twitter feed uh Peter
that it it was a post you shared about
Banks being what you said was a glaring
risk right now you wrote black swans are
by definition
unpredictable but overextended banks are
a glaring risk that we’ve become too
complacent about what issues are you
specifically concerned about right now
for the banks and are these issues great
enough of a concern that we should all
have an elevated level of worry about
keeping excessive dollars over what is
needed for bill paying in the banks at
this time so I think that the biggest
risk to the banks right now is their uh
commercial real estate exposure uh you
know um we are in a new paradigm since
Co people do not like if they don’t have
to many people do not like to go have to
go back into the office they’re
comfortable working from home it uh
saves them time it saves them a lot of
expenses energy travel clothing food you
name it so um it just makes their lives
simpler in many ways and people you know
Studies have shown on average people are
very productive working from home so I
don’t expect that to change I think that
commercial real estate will continue to
be quite challenged a lot of banks have
a lot of exposure to commercial real
estate I think that’s uh the biggest
issue for them and so um that’s where I
see a potential uh a potential problem
um and if I’m not mistaken a significant
amount um several billion dollars or I
should mean I’m sorry trillion dollars
of loans are maturing in that space
between now and through 2027 or 2026
that’s right I don’t I I’ve got to be
honest I don’t know the stats but but
yes that that is true that’s a big issue
and and you know we don’t have to think
far to understand the the problem of it
which is that when these come due one um
the properties are not uh as fully
leased out as the the owners would like
so that’s a problem and then second when
the uh when these mortgages come due uh
they’re renewable at much higher rates
yeah so you’ve got two things working
against you um a lot of that’s going to
end up uh defaulting and so the banks
are going to be left holding those bags
um it won’t be pretty um you know if if
some buildings have the ability to
convert to residential I think that the
ones that can uh very likely are looking
at doing that but there are there are
just certain buildings that don’t allow
for it and so they will have no choice
they will have the toughest time so so
essentially though putting putting
excess savings into non-bank hands to
protect that Capital um and then also by
having having some sound money because
let’s be honest
if if the banking situation unfolds the
way you’re describing and the way you’re
expecting it to the FED is going to have
no choice but to somehow whatever that
looks like come to the rescue and that’s
likely very inflationary oh it’s
absolutely inflationary there’s there’s
no question about it and you know uh
as much as I’m not necessarily a fan of
say treasuries for example um that would
to me make more sense to to own
treasuries let’s say in a in a brokerage
account versus uh keeping a higher
balance in in a in a regular account um
so you know you you’ve you own this
asset outright that’s very liquid and
and sure it can it can lose value due to
inflation it more than likely will lose
value due to inflation but you do have
for liquidity and uh I think that’s a
better
approach yeah I appreciate that so uh
before we wrap up here and I ask Peter
our final question I want to point
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a comment below the video Peter in
wrapping up our discussion I have a
final question for you over the next
year something like 30% of the entire us
Deb pile is maturing that’s about
trillion plus we have several trillion
in deficits that’s going to happen over
the course of this year so that’s more
than 10 trillion you know 10 12 whatever
it is that the treasury needs to issue
this year China Japan Russia Saudi
Arabia and others are all either buying
less treasuries or none at all now who’s
going to buy all of this debt issuance
and how does it play out if foreign
Nations don’t buy
it so that’s actually probably an easy
question because the FED I believe is
the one who will have no choice but to
buy a lot of that a lot of that debt and
and it will be issued there will be no
choice um you know uh to think that if
if foreign typical or previously typical
foreign buyers are not buying anymore
and you have this much debt to roll over
over the next year or so uh n n trillion
dollar uh what is the appetite it just
hard to imagine that you know the
foreigners have have the appetite if
they’ve demonstrated for perhaps 15 or
20 years now that that they have less
and less appetite so there’s an easy
answer to it the FED will absolutely be
the one to have to buy a lot of that
debt and um the debts being issued at
much higher rates than uh than it had
been over the last few years where we
where where U the FED kept rates near
zero for for how long right after the
great financial crisis so even if rates
come down there’s still a lot than they
were prior to to co and um and uh you
know it’s just going to be a major
challenge to uh to not do anything other
than absolutely monetizing that debt
that’s the way it’s it’s likely to
happen so I mean if you think about it
for different reasons but the best
analogy is the 1970s and I think people
with this first wave of inflation that
we’ve had they unfortunately think that
oh it’s a oneandone you know we had this
big wave of inflation it peaked at N9
we’re at 3 and a half it’s a lot more
manageable now and I would suggest that
they look back at the 1970s and and I
have a chart that that absolutely shows
this in the book and and nobody knows
for sure but I I think it’s a good
analogy for what we’re likely to see
this time around and we had that first
wave that started in the late 60s ran up
to um sort of the the uh early
70s the the FED raised rates and that
corrected inflation came down but it
didn’t come down to Prior levels it came
down to bottomed at lower at higher
levels and then you had another wave of
inflation going up and you had that
happen three times during the 1970s so I
think what we’ve just been through is
the very first wave I don’t know how
many waves there will be perhaps two
more perhaps more than two more uh but
you I think you have to be prepared for
it and uh there’s a big difference too
though with the 1970s in that decade the
US’s debt to GDP p ratio was
35% today it’s
120% so vulker had the uh Le platitude
yeah exactly to to crank up rates
tremendously to levels that people find
unimaginable today 18% 20% I am old
enough to remember at least remember
people talking about their parents
having mortgages that were paying 20% on
their mortgages How likely is that to to
to to work today I
mean I think it’s pretty clear to
everyone that’s virtually an virtually
or or or certainly an impossibility
although I will say this recently Jamie
Diamond the president of JP Morgan Bank
CEO he came out and said that he can see
rates interest rates at 8% or higher
which means on the tenure which means
that would put mortgage rates well into
double digits exactly well and and it it
I I don’t disagree but what will that do
to the economy that that’s sort of right
what is the effect of that and so you
could try that for a while but you’re
going to crash the economy and if and
and and then you’ll have I mean honestly
I believe that that would lead to some
kind of a reset things are are extended
enough as they are um today we’re at
120% debt to GDP can you really
realistically raise rates as enough to
to uh try to rain in inflation I I don’t
see it and that’s why I think that the
FED will have to find a way to to let it
run high for for years and years for
sure it’s likely why they stopped at
five and a quarter um right so just to
put a bow on this if they monetize a
significant amount of that debt this
year and next year and the year after
what is that going to do to the metals
to Silver
specifically well let’s start with gold
gold uh you know has we’ve we’ve we’re
hearing you know people who were
doubters for the longest time now even
large Banks investment Banks coming out
with forecasts of $2500 $3,000 gold
being becoming much more than Norm uh
people you know 15 years ago said you
know if you’re crazy if you’re talking
about $2,000 now you’ve got investment
Banks talking about 3,000 so you know at
uh at
uh you know current ratios you know if
you do if you do something like uh what
would that be 30 um with uh I’m trying
to figure out if you had $3,000 gold
right and even a a a a 60 to
one what are you looking at $50 silver
easily um that’s I think that’s I think
I’ve got that right $3,000 yeah you do
and you’re still elevated over the
historical mean of of gold to Silver
exactly you’re still elevated you
haven’t had I don’t think that $33,000
gold will limit you to $50 silver you’re
talking earlier in about how things move
towards the mean and then overshoot and
that’s absolutely what I would see
happen if you had $33,000 gold you’d
probably looking at more like 70 or80
silver yeah yeah so and and since we’re
near the beginning of this cycle um
inflationary specifically but also in
the metals uh we’re likely um you you
know in a more prolonged period where
we’ll see some volatility but we’ll see
higher highs and higher lows in the
metals as we go along and as that gold
to Silver ratio comes down um Etc so as
they monetize more and more and more
this doesn’t look like it’s going to be
a short-term snap up snap down kind of a
scenario but rather a more prolonged
environment just like the 70s was not to
say it’s going to roll out like the 70s
but that environment was more prolonged
absolutely exactly and and it was uh it
was I I think that um we’re actually in
a similar situation to the 70s except
that the 70s was under much more sort of
compressed time time frame if you could
argue late 60s until 1980s so maybe 13
years 14 years I think that the current
Bull and for different reasons started
in
2201 uh with you know the sort of the
rise of of China and its demand for
Commodities I think that was the first
half I think this is a secular
Commodities bull market I think that was
the first half of it we had this draw
down very smart guy Jim Rogers talks
about um how typically what you get in
in secular Commodities Bulls you get
this draw down where uh they’ll correct
by about half in terms of price and this
was an extended correction in again in
my view that went from say 20 12 2013
until perhaps uh 2020 when covid hit and
then things started to pick back up
again um and I think that was just the
the middle part of the secular Bull and
we’re now entering the second half of it
well I really appreciate the Deep dive
into silver I’m super excited to see
where it goes Peter thank you for coming
on to the medals and miners podcast for
being so generous with your time your
analysis and ideas it’s been very good
to spend this time with you we you tell
the viewers any final thoughts that you
want to share with those who are tuning
in where they can learn more about your
work and how they can connect with you
okay well thanks Gary um yeah I mean you
know I’ve said it a few times that I
think this is early days in in this
silver bull market uh you have not
missed the boat uh it’s still at the
dock but it’s getting ready to sail so
uh do your research look for ways to to
understand the market more um
again you don’t have to take outsid
risks some of the larger uh silver
producers can can return you more than
10 times in this kind of a market so you
have Juniors that will do obviously even
a multiple of that they are obviously
higher risk but you don’t need to
necessarily go that route but if you are
interested the best way is to to spread
across a number of names and some will
do very well others will not but usually
the ones that do really really really
well I’m talking sometimes you know as
much as 50 Baggers honestly it’s just
it’s incredible we’ve seen it in the
past we will see it again and they tend
to make up for the few losers really in
the portfolio again do your research
spread out across not necessary to take
outsize risk um you can follow me
through my newsletter silver
stockinvestor it’s at silverock
investor.com it’s the only silver Focus
investment newsletter that I’m aware of
I cover the whole Market everything from
physical and ETFs to Junior explorers um
I you know a great way to get familiar
with the whole silver space I feel is
the book that’s why I wrote it uh to
give you an introduction to Silver it’s
everything from the history of silver uh
macroeconomics Supply demand what makes
silver move and ultimately how to build
a silver
portfolio um you can find that on Amazon
it’s in print in uh Kindle and on in an
audio version and uh you can follow me
I’m active on Twitter at peterk I’m uh
on LinkedIn as well and um be uh great
to uh have more people follow the silver
space it’s I believe it’s a generational
opportunity it really is that’s amazing
and so everybody um if you want to take
part in a generational opportunity
follow Peter get to know his work
understand the direction that he’s
trying to point everyone in and um and
jump on board even if it’s a little bit
I look forward to having you back on
Peter thank you for being here everybody
else thank you for
watching thanks very much Gary I want to
point everyone over to our substack it’s
free go to medals and minor. substack
do.com WE Post free content on the
consumer economy markets artificial
intelligence individual medals and
Miners And of course all of the
interviews that we conduct and when you
subscribe we want to give you a free
gift it’s a report that we wrote based
on an important Rayo foundational
premise titled if you don’t own gold you
know neither history nor economics this
free gift is a must read for everyone on
why we all should own gold so head over
to medals and minor. substack
docomo and get the free gift all
[Music]
Join me, Gary Bohm, founder and host of Metals and Miners, in an enlightening discussion with Peter Krauth, founder of SILVER STOCK INVESTOR and author of the book “THE GREAT SILVER BULL.”
Peter is a former portfolio adviser and a 20-year veteran of the resource market, with special expertise in precious metals, mining, and energy stocks.
As silver is beginning to cross critical resistance barriers, you want to watch this important discussion with Peter, and watch it all the way through.
In Part 2 of this interview, he shares his meticulous and deep understanding of the silver market to shed light on the following:
– Can #silver be contained indefinitely below $30?
– If the #gold to silver ratio is no longer relevant?
– Why the average #investor needs to buy silver now
– Are the silver #ETF’s being raided of their physical silver?
– When #smartmoney (#hedgefunds, #pensionfunds, #endowmentfunds, etc) move in en masse
– How silver has averaged a +413% gain over the last 3 #Fed rate cutting cycles
– A more frenzied scramble which will carry silver prices to highs that will repair all the excess paper #money creation, price suppression, supply deficit, and bearish sentiment over the past two decades. This will become known as the #GreatSilverCrisis
– How silver miners performed within 24 months after the Fed stopped raising rates
– plus more
This interview has been broken out into two parts. This is Part 2 of the interview with Peter Krauth, recorded on 4/15/2024. Part 1 can be watched here: https://youtu.be/GEx0zQwYq24
Follow PETER KRAUTH/ SILVER STOCK INVESTORS
Peter Krauth Twitter/X: https://twitter.com/peter_krauth
Silver Stock investor: https://https://SilverStockInvestor.com
Buy Peter’s Book (The Great Silver Bull): https://www.amazon.com/Great-Silver-Bull-Inflation-Profit/dp/1777953502
🔔Secure your financial future with exclusive insights on preserving and exploding wealth. Subscribe now and gain the knowledge you need to protect and grow your assets. Don’t miss out on this opportunity to achieve economic resilience!
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👉 SHORTS
✅ Other Videos You Might Be Interested In Watching:
👉 Lobo Tiggre | EVEN MORE BULLISH URANIUM NOW, U supply to be WEAKER, BUY every U dip, ride U wave +
👉 ROB KIENTZ | Super Market Bubble, Gold & Silver Bull Run Forming, Intelligence From PDAC, +
=================
✅ About Metals and Miners.
Metals & Miners is an integrated Education, Media, Products, and Services Company. We were created to help and serve by sharing important information, connecting experts and novices, educating the critical importance of metals and miners, informing and distributing vital knowledge through economic, financial, and mining industry experts, and democrastinating and disseminating essential information formally reserved for the elite and educated in the field.
WE DO THIS all for the benefit of the MAINSTREAM investor, those who want to PRESERVE & PROTECT their life savings & accumulated wealth, those who believe WE ARE FACING historical & dangerous economic circumstances, those who want to be deeply aware of THE SYSTEMIC RISKS WE FACE & be PREPARED TO NAVIGATE THROUGH THEM & EVEN BENEFIT from them.
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