This Changed Everything for Silver.

This Changed Everything for Silver.

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happy to help now let’s get into the
video first things first folks if you
have not entered my silver giveaway you
will miss out go enter link is in the
description or the pinned comment
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May the luckiest two stackers win we are
about to break down this interview with
Kitco news now the entire interview was
interesting they talk about several
different factors with silver uh the
title is what the severity of silver
shortages mean for prices but they go
over topics like fluctuations in the
silver market drivers behind Silver’s
movements industrial demand and its
impact on Silver Silver’s market
dynamics compared to Gold influence of
monetary policies on Silver speculative
interest and their effects on Silver’s
price future projection for silver
prices so there’s a lot the part I want
to highlight is industrial demand and
its impact on Silver this is interesting
and I like getting different people’s
takes and opinions on top ipcs that I’m
so vested in and I’m sure you are as
well so let’s hear what they have to say
I’m going to shut up now uh make sure
you like this video and I will link this
interview in the description if you want
to watch it to its entirety so let’s see
what this guy Bart melik has to say
about industrial demand and its impact
on Silver economists or strategists like
me you know forly trained in how price
mechanisms work will’ll say well then
you’re going to be in an auction price
environment where the silver price is no
longer on the margin set by what the
marginal cost of production and
developing facilities are or recycling
it it’s going to be set based on your
so-called marginal revenue product or
the revenue you deriv from that
incremental ounce of silver to produce
let’s say a $100,000 vehicle
increasingly as time moves on we’re
going to have upwards of two ounces of
silver in these EV battery driven
Vehicles they have a lot more
Electronics a lot more smart devices in
them and all of them to some degree use
silver and the loading is going to be
much greater well and then you’re going
to get into an environment where the
people who can make the most money out
of using an incremental ounce for 2
ounces of silver are going to bid it up
um you’re not going to stop producing a
100,000 $200,000 vehicle or or you know
even a $50,000 vehicle for a matter of
$80 let’s say worth of silver you’ll bid
it up and you will need to incentivize
inventory holders maybe bullan holders
and others who might have invested in
that metal to give it up or somebody
with a less productive huse to give it
up well we don’t really know where that
price will be it will depend on the
severity of the shortage and what your
opportunity cost and prod giving up that
unit of of silver is in terms of what
you lose in profitability and you know
and and that’s quite undetermined and
for the most part quite interesting so
you can have spikes much above the
marginal cost of production on the
mining side and and that’s quite key on
the supply side well you know what vast
majority of silver is from zinc lead
production copper production and gold
production right and we’re not seeing an
awful lot of investment on that side so
almost by definition if you’re building
less zinc mines you know or the increas
is low you’re not going to get a lot of
new silver either uh Prime primary
silver maybe there’s a different case to
be made for it but we’re not seeing huge
amounts of Investments when we project
forward the amount of silver you will
need to get let’s say to Paris Accord
targets you know to the cafe standards
in the United States uh you know in the
next eight years it’s going to be well
over 50 you know miles to the gallon uh
you’re going to have to
produce a significant portion of your
Fleet you know 60% if not more um in
pure EV to achieve those goals well
that’s going to mean silver uh we’re
going to be banking under the you know
the IRA the invest inflation reduction
act uh we’ve got what 340 billion
allocated for The Greening of the US
economy of course Canada other European
countries are doing the same thing right
well that means solar paddles to some
extent it means new grids well you know
what silver is used for allots the new
technology for silver uses a lot more
loadings um than the old technology so
if we’re ramping
up the generation of power um and we
want to make it green yeah silver is
going to play a role uh the timing exact
timing is is is going to be you know
it’s always difficult you know with
government policy in particular there’s
cyclicality interest rate but I’m pretty
sure five years down the road silver
will probably be higher than it is now
and you know you often hear people talk
about there’s going to be a persistent
deficit of silver yeah well you know
what it can’t happen it’s a physical
commodity you know at least in my
reality you can’t use silver that
doesn’t exist to put in electronic
components or or solar panels talk to me
about this sbart we we had a guest on
fairly recently and they were talking
about the idea that the supply and
demand curve is is so diminished that if
you were to go and physically get for
some exchanges anyway to go and
physically get your silver out there’s a
possibility that they can’t even give it
to you and they’ll have to pay cash are
we here with the supply and the
demand uh you know I I I
I I’m not so sure uh you know and that’s
an area that I I don’t really want to
make a comment on because I I haven’t
done a comprehensive study uh on that
but look you know you can settle in
physical you can settle in in in in in
cash um and there’s a lot more going on
in this market than exchanges there is a
you know entire massive OTC market that
I think uh you know uh people don’t talk
much about or as much as they could be
there’s a whole London bullion market
and so on
um and there are large Holdings there
are Holdings above ground in the form of
silver and others and is all potential
Supply the question is how elastic is
that Supply in that sense what’s the
price point right you know at what level
do I take you know my deceased Grandma’s
silver and melt it yeah and you could
could take quite a while and you know
and there is the thrifting so at some
point I will use less silver and look at
technological solutions to uh Thrift it
out of my production system uh it
doesn’t you know happen
overnight but it does happen um over a
period and and we know technology moves
on and there are responses to higher
prices we’ve recently seen that with
platinum and Palladium where we’ve had
these Catalyst being redesigned uh to
have a larger representation or loading
of platinum versus Palladium because of
the price differentials that were uh
present so we can redesign we can Thrift
um we can incentivize people to give
above ground inventory and you know over
the long run we can invest in primary
capacity okay so there is a lot that we
have to unpack here and just this little
clip by the way I wrote down eight
different talking points that I want to
Branch off of some agreeing with and
some disagreeing with what he said next
time I will just pause the video as it’s
played and Branch off of each point
instead of letting it ride all the way
through and then going over all of them
I think it would be better because the
conversations are still fresh from you
know from what he just said and you’ll
hear me go off of bit instead of having
to remember what he said as the viewer
uh I think it might work better that way
but right now we just got to unpack this
okay so he starts off to say that he is
the expert at this and how price
mechanisms work I mean he is the
managing director in global head of
commodity at TD Securities so he’s
correct but that doesn’t mean that
everything he says is true I mean a lot
of this is opinionated I like to go off
numbers which we’ll go into in a second
but overall he he made a lot of points
we could first talk about a point I I
agree with the producers are going to
turn into the consumers and the
consumers are going to turn into the
producers the people like you and I that
want this silver will be able to sell it
to the people that need the silver see
they need it if you want the newest
latest Tesla you better hope that they
get it and they will like he said you
know it’s going to come down to whoever
has it could set the price what is the
price going to be and he even said who
knows it then then he goes into well it
also depends on the deficit I also agree
with or or the the severity of the
deficit which I will also go into in a
second okay so I hope you guys stuck
through this far into the video because
you know there’s some good stuff to talk
about here I’m glad that I showed this
he also does go into something important
he steps back to the five five years out
Mark and that is the thing that I think
a lot of people have trouble looking at
they’re so caught up to with the
day-to-day prices or just looking at um
very small tidbits of information or
even just events and not really thinking
about what what could Silver’s price be
in five years from now 10 years from now
think about how much will happen not
could happen will happen in the next 5
years and then think about what Silver’s
price could be every single day
something new happen silver just shot up
to
$29.90 within a week so think about in 5
years what it could be this guy’s a
limit I mean just truly try to step back
and look at it because if you’re not
selling in a year from now then why
would then the price in a year from now
even if it’s still low makes it doesn’t
matter it means nothing and why would
you want to sell in a year from now and
then what sell the fake money or S you
know transfer fake money to real money
and sell the the real money back into
fake money next year make a little
profit but then you’re still sitting on
a worthless dollar that’s declining that
probably won’t exist for you know in the
next decade maybe a lot sooner given the
variables and the many circumstances
happening between the brics Nations and
the D dollarization of the
USD we can that’s a whole separate video
but you get what I’m saying we don’t
even know if our own Fiat system will
last that long gold and silver has and
will always be money stepping back to
the bigger picture is what you have to
do and I’m glad he did that and he goes
into something else I agree with you
know that the beginning half was good he
goes into the new digital age right the
the digital age we are advancing in is
going to require more and more silver a
lot of people don’t think that as well
they look at these numbers annual data
and say oh silver production isn’t doing
much this year even though it is which
he said or or no another article sorry
he didn’t say this another article I was
reading earlier today mentioned how um
numbers are production numbers are are
stalling and what this could do numbers
aren’t stalling there was 190 million
ounce deficit and we’re talking about
another one of the highest levels ever
1.19 or 1.2 billion ounces some are
predicting 1.4 billion next year with a
deficit that is literally breaking
records the past couple of years just to
say it’s stalling no that’s that’s just
not understanding or misleading or or
just being you know brain dead whole
point is I’m glad he brought up that new
technology is going to require new
silver and even with the current
inventions as we modify these inventions
it requires even more silver with the
new EVs and bevs they’re advancing them
making them better but these
advancements require even more silver in
each EV plus AI chips nowadays and then
you have 5G Tower solar panels silver
lithium ion batteries you know this new
digital era think of a sci-fi movie you
know think of like a sci-fi movie in you
know in the future everything’s digital
it’s all cyborg digital stuff that’s all
silver and they mentioned that and I’m
glad that he mentions what I was just
also going off of is the dollar right it
is determined on the dollar what’s the
dollar going to do in a year from now it
also depends on who wins the election
but it also depends on what’s happening
this Friday the meeting the the numbers
right so from the short-term medium and
long-term perspective you have to step
back and say okay well silver might do
this for the short term there’s a
there’s a lot of different things that
are up in the air no one has a crystal
ball to see what’s going to happen on
Friday or what those numbers are going
to look like where what’s going to
affect the price nobody knows how Middle
East tensions are going to play out
nobody knows who’s going to win the
election or maybe some do but but these
are all things that are so
minuscule in terms of Silver’s price not
you know this election is very important
in terms of Silver’s price it’s it’s
very uh minuscule because when you step
back and look at the much bigger picture
no matter who wins the election in 5
years from now or in 10 years from now
silver will still be sitting at a
certain spot regardless of those things
and the spot is all pointing towards
much higher given so many different
variables I mean the dollar is going to
crap we can’t stop that $35 trillion in
debt now dollars lost 98% of its
purchasing power dollarization people
are opting out of the the dollar as
their currency trading for oil other
things now and all these cashless
Nations just going either crypto or the
new bricks currency that’s a digital
currency backed by physical Commodities
and all of that is very bullish for
silver along with the supply deficits
okay so let’s go into more talking
points though so since I mentioned
deficits the guy asks him he puts him on
the spot and says well what about we had
a guy on last week that said uh you know
he that folks will probably not even be
able to go get their silver and turn it
into physical if everyone tried to do
that it would expose the corruption comx
corruption price suppression right where
all these contracts they’re supposed to
be a equal one to one ratio but there’s
not and that’s how they can suppress the
price they they think that those
contracts there’s a a physical amount a
physical amount of silver in an equal
Rao for each paper contract but there’s
not and if everyone tried to turn those
contracts in it would expose the facade
and that’s what the Hunt Brothers did in
1980 which pushed the price of silver up
to the highest price we’ve ever seen
still till this day if that’s and that
speaks for itself but the guy says he’s
he doesn’t want to go into the
conspiracy which I get it he’s the
global head of commodity strategist at
at TD Securities of course he’s not
going to you know he can’t be talking
about conspiracies and you know and such
not saying he’s in on them I’m just
saying it’s a smart business move and as
a public speaking figure I can because
I’m just a stupid YouTuber know anything
but it’s interesting that all of these
people when they go into corruption or
anything that is controversial even if
it’s blatantly obvious like kth
corruption it’s just funny how they all
they kind of like skim by it but I get
it if I was in this position maybe I
would too maybe I wouldn’t I don’t know
I’m not him but that’s just I just
thought that was kind of interesting and
he doesn’t know the numbers but it’s not
hard to just look at the numbers but
even so this is even crazier he goes
into how there’s so much silver at in
the lbma vault and how there’s there’s
plenty no lbma vaults and comx vaults
are down
dramatically I mean I’m talking about if
I should pull up a chart showing lbma
vaults and um comx vaults uh here let’s
do this let’s do lbma comx silver
[Music]
reserves
reserves okay so look at this okay first
thing that pops up okay here we go the
look at this look at this this is the
first thing that pops up so here’s the
deal recently there have been a record
number of withdraws of physical silver
from major trading platforms such as
lbma and comx you heard in that video he
says there is plenty of silver but look
at this official data shows that at the
end of October 2022 lbma held a total of
2652 tons of silver about 883 million
silver bars in its Vault that’s the
lowest amount since July
2016 and the chart shows the quantity of
silver held in the lbma vaults has been
dropping over the past year look at this
so look at this and it’s only getting
worse it’s only getting worse and it’s
going to continue to get worse so to sit
here and
say to sit here and just comfortably say
that oh you know there’s plenty of
silver these people don’t know what
they’re talking about you know lbma is
the biggest no and then right here this
explains it right Mike Duro after and I
quote after several years of recording a
surplus we saw the silver market
transition to a deficit in 2021 this
year the market is forecast to see a
much larger deficit importantly we
expect the silver market to remain in a
deficit for the foreseeable future quote
this is from Nikki Shields silver
Market’s currently in a mild fundamental
deficit about 50 million ounces this
year it was actually 190 million ounces
by the way the deficit is expected to
grow over the next 5 years to about 100
million ounces as Supply remains rather
flat and demand continues to grow it was
they predicted 140 Mill I ounces is
actually 190 million ounces maybe they
were so off because of um India buying
265 more or importing 2 165% more silver
this year than last year or China now
focusing regardless that’s the whole
point is for him to sit here and say
that that there’s plenty of silver
around and that that you know that the
comx or or lbma vaults are you know are
sitting steady is fine it’s not the case
now the funniest part though is how he
goes into thrifting and
recycling we know that hundreds of
millions of ounces in the red folks do
you think that thrifting people pawning
their Grandma’s silver chain is going to
do anything no not even recycling will
put a dent in the silver shortage we are
talking about hundreds of millions of
ounces you want to put things into
perspective listen to this the biggest
silver mine in a America which is heckla
mining Phillips Baker the CEO of heckla
mining guess how much silver they mined
last year they
produced guess if we have demand of 1.2
billion
ounces how much is the biggest silver
mine in America producing you’d probably
guess what like 50 million ounces maybe
you know what because I mean demand I
mean demand’s 1.2 billion ounces so what
maybe 100 million ounces I mean I mean
50 million ounces to 1.2 billion oun
demand except you know that’s still
pretty low right maybe around there
maybe 50 no 16 million ounces and that
was a very good year for them Keith
numer the CEO first Majestic silver I
think he said around 10 million ounces
maybe a little higher I know it’s around
10 million ounces that’s like the
average between 10 to 15 million ounces
for the biggest silver Miners and that’s
that’s a silver Miner folks so what do
you think recycling is going to do or
thrifting that’s not going to do Jack
crap it’s not especially as the years go
on the there’s more the gap’s getting
bigger so even if we just found a huge
surplus of silver and demand dropped all
the sudden and we caught back up 200
million ounces in the green by next year
it would fall again we we’re having to
play catchup but each year the record
gets broken we’re pushing ourselves
deeper into the whole pun intended and
what mining Innovation what are we going
to do there’s only so much silver in the
Earth crust which another point he
brought up is that um you know if you
don’t have silver you can’t make the
vehicles exactly and I don’t know if he
was P pushing that point is to how there
more potential for silver or how um you
I don’t I forget he there was a very
that was like a weird um like I guess
back and forth when they were talking
about that part but I hope he was
meaning that that has opportunity
because what’s the most fundamental
basic thing when when you’re learning to
invest low supply high demand does what
it pushes the price up low supply high
demand pushes the price up high supply
low demand pushes the price down like
what’s happening to our dollar so
anyways um yeah so I’m going to wrap
this up here um it was a great G great
interview I mean I wish I could show the
whole thing next time I’ll pause after
each point maybe that would be better
for you guys so you guys don’t have to
listen to the whole thing through and
then kind of remember points he went off
maybe it’ll be better if I just paused
it right after he said something and go
in um but yeah uh you know we’re still
learning around here but yeah also let
me know would you guys prefer me to also
use a face cam when I do these I know
most YouTubers they’ll have like a face
cam when they’re reacting to videos but
you know I don’t see the point why would
you guys just want to watch my face as I
you know spew this information or my
thoughts um but who knows people are
weird now social media is weird nowadays
even myself probably recommends a face
cam for video like this but I don’t know
just let me know also make sure you guys
um subscribe and uh go enter my giveaway
way if you guys want to purchase silver
Slayer M franklin.com I’ll be posting
another video today as well I’ve been
slacking on upload not slacking I’ve
been extremely busy actually have like a
colonoscopy tomorrow I have a lot of
stuff Dennis and yeah a lot of stuff’s
happening but I’m going to keep making
videos because that is what I do it’s
what I love to do and um it’s why you
should stay tuned thanks for tuning in
this was silver Slayer I will see you
guys later today peace

#silverstacking #KitcoNews #silverslayer

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Silver stacking is by far the best investment! Precious metals are a great way to protect your wealth but stacking silver bullion in particular has more opportunity beyond gold and other precious metals. Why invest into Silver bullion in 2024? Silvers price will drastically rise in the coming years for many reasons i explain on my channel, so make sure to subscribe for daily silver videos! There’s no wrong way to stack silver! There’s not even a wrong way to buy silver! Selling your silver can be dangerous so make sure you watch my videos explaining how to safely sell. The best way to stack silver is buy the physical silver bullion and store it away! Some investors buy silver coins that are more expensive but i recommend beginners starting to stack silver to play it safe, buying silver bullion with the lowest spot prices. Silver stacking will change your life! Financial freedom and understanding the value of true wealth is what buying silver represents! I cover various types of Silver videos on this channel such as how to buy silver, where to buy silver, best silver for beginners, silver tips, silver news & updates, silver price forecasts and predictions, the best silver coins to buy, silver and gold giveaways, podcasts, livestreams, interviews, silver and gold unboxings & more! Hope you enjoy my channel & Keep on stacking!

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