Silver’s about to do WHAT????

Silver’s about to do WHAT????

it could be Elon Musk taking a position
in the silver space new Meer said quote
there’s going to be a catalyst at some
time in headlines and Wall Street
Journal might talk about the silver
Supply deficit I don’t know what the
Catalyst will be but investors and
institutions will wake up to the
fundamentals of the metal and that’s
when it will start to
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let’s jump into the video Keith numer is
the CEO of First Majestic silver one of
the biggest silver miners in the United
States Keith is extremely bullish on
Silver and rightfully so because he
understands the severity of the shortage
since he is one of the few that are
digging it out of the ground or
attempting to so with with that said we
are about to break down an article
titled silver price in triple digits is
that a rational possibility or a dream a
lot of people say triple digit silver is
off the table but once you look at the
bigger picture it really starts to make
sense of how little $100 is USD and how
valuable an ounce of silver is right try
to compare it like that $100 is
worthless especially as the dollar is
depreciating and purchasing power every
single day but an ounce of silver is
always going to have 1 ounce of silver
inside of it regardless of the price tag
attached to it regardless of who says
that 1 ounce coin is worth what is IR
relevant because the coin’s value is the
ounce of silver inside of it not the
price tech not the spot price but people
compare silver to spot price and that’s
why they have these misconceived Notions
of what silver is going to do or should
have done or will do and they just are
missing they’re missing the bigger
picture right so like prime example
silver prices are utterly undervalued is
upside correction finally about to start
how long will silver prices retain on
sale status despite a supply deficit
silver markets are manipulated could now
move forcely to the upside right silver
is extremely cheap right it’s on sale it
really is and anyone who’s saying that
$27 silver isn’t on sale then it means
one of two things one you don’t
understand the true value of silver or
even more importantly number two you
don’t understand the value of a
dollar those go handin hand so anyways
um with that said let’s let’s jump into
this article uh where Keith newer breaks
down $100 silver and I would love for
you guys to comment down below what you
think silver will do over the next year
or so do you think $100 silver is
possible and when I’ve been very vocal
about when I think silver will hit
Triple digits and that’s by the year
2026 late 2025 uh 2026 is I think that
by then we’ll be deepened up into the
silver shortage I think uh everything
will be you know I think by then it will
be blatantly obvious you cannot sweep
Silver’s suppression and it’s it’s true
value under the rug by then that’s my
thoughts I could some people say a lot
sooner some people say later that’s just
what I’ve been saying and I’ve been
saying this for like four or five years
now 2025 2026 go back I didn’t just
random make that up now I’ve been
calling those years for a long time and
we are getting closer to those years and
now things are starting to fall into
place more looking like I will be right
not saying I will be but that’s just my
opinion so the silver price made waves
in 2020 when it Rose above $20 per ounce
for the first time in four years the
precious metal has largely stayed above
that level since even reaching as high
as
$29.59 and actually was $29.90
um after this article was written which
this article was written February 29th
so nonetheless well-known figure Keith
newer CEO of First Majestic silver has
frequently said he believes the white
medal could climb even higher eventually
reaching into triple digits new Meers
has voiced this opinion often in recent
years he put up a $130 price Target in
November 2017 with paliside radio and
has reiterated his triple digit silver
price forecast in multiple interviews
with Kito the latest in March 2023 he
also discussed it in an August 2022
interview with Wall Street Silver I
really enjoy listening to Keith numer
speak if you’ve ever seen any of his
interviews he’s a brilliant guy very
smart um he understands he understands
the silver market in and out right
through its entirety some people they’re
they’re missing that puzzle piece of
they will talk about silver with u
interest rates and CPI data and all that
they will go perfectly into that and
they’ll break down the technicals but
they’re not incorporating a major thing
sometimes two the fundamentals of the
supply deficit and price suppression a
lot of times you’ll hear people talk
about one or the other but you rarely
hear people talk about all of it through
and through so at times he’s been even
more bold suggesting in 2016 the white
medal could reach $1,000 if goldber hit
10,000 now why is why is he saying a
th000 of gold hits 10,000 because he’s
going off the gold to Silver ratio the
ratio it comes out of the Earth’s crust
is with around 7 or 8 to one so he’s
saying if gold hits 10,000 and the ratio
starts to or the the um
man-made uh manipulated ratio of 85 to1
breaks down to what it used to be for
thousands of years 8 to1 or 16 to1 You
could argue depending on how long ago um
even 2 and A2 to one in ancient Biblical
times 2 and half part silver equals one
part gold it’s the earliest gold to
Silver ratio known to man pun intended
um but regardless you know he’s saying
that someday that silver could detach
from gold and they would not be moving
in Tango as closely as they do which I
also believe that’s why he would say
$1,000 silver if gold hits 10,000 so
more recently his expected timeline for
$100 silver has been pushed back but he
remains very bullish on the metal in the
long term in order to better understand
where new Meyer’s opinion comes from and
whether a triple digit silver price is
really in the cards it’s important to
take a look at the factors that affect
the metals movements as well as where
prices have been in the past and where
other industry insiders think silver
could be headed first let’s dive a
little deeper into new Myers’s $100
prediction fun fact by the way since
Keith new Meer is one of the biggest
silver miners in America uh I think the
biggest is hecka mining Phillips Baker
the CEO of hecka mining um he came out
and mentioned what he pulled out of the
ground last year how much do you think
the biggest silver miners produce
annually just think about it do you
think it’s 100 million
ounces I mean cuz think about it the
global demand for silver is 1.2
billion 1.2 billion ounces so what are
the biggest silver miners in America
pulling what have I told you that it was
nowhere near what you think lower much
much much lower because I guarantee
you’re thinking at least 50 million or
something I mean 1.2 billion ounce
demand and we’re the biggest silver
miners in America had to be doing
something right
no 16 million ounces was a record year
one of the biggest years for Phillips
Baker the CEO of heck mining Keith numer
P pulls around 10 million ounces out of
the ground
annually only 10 million think about
that for a second 10 million
so why is new Meer calling for $100
silver there’s a significant distance
for silver to go before it reaches the
success of new Meer has boldly predicted
in fact in order for the precious metal
to jump to the $100 mark it price would
have to increase from its current value
by around
350% so new Myers previous previously
stated that he expects a triple digit
silver price in part because he believed
the market cycle could be compared to
the year 2000 when investors were
sailing high on the dot bubble and the
mining sector was down he thinks it’s
only a matter of of time before the
market corrects like it did in 2001 and
2002 and commodities see a big Rebound
in pricing it was during 2000 that new
Meer himself invested heavily in mining
stocks and came out on top quote I’ve
been calling for triple digit silver for
a few years now and I’m more enthused
than now new Meer said at an event in
January of 2020 noting that there are
multiple factors behind his reasoning
quote but I’m cautiously enthused
because you know I thought it would have
happened sooner than it currently is
happening
and that is the thing that a lot of
people really uh they that that’s the
hardest part about trying to predict
Silver’s price or a time frame is
because it’s manipulated so of course
you have to try to figure out when that
manipulation will end because it will
end if you saw my video yesterday Ted
Butler did a brilliant job of breaking
down comx corruption and how he mentions
that this will not survive forever so in
his August 2022 interview with Wall
Street Silver he reiterated his support
for triple digit silver and said he’s
fortunately not alone in this optimistic
view in fact he’s been surpassed in that
optimism quote I actually saw someone
the other day called for $500 silver he
said quote I’m not sure I’m not quite
sure I’m at that level give me $50 first
and we’ll see what happens after that
there’s a few good points to break off
of and I’ll probably not be able to
finish this entire article because you
know there’s a lot here and I he’s
saying some stuff that I really want to
I want to you know Branch off of and
talk a little deeper into but there’s
two things that we should talk about
first $500 why why would someone say
that high well there’s a couple reasons
one is because they understand price
suppression and how suppressed Silver’s
price really is and what opportunity
silver has when not if when that price
suppression ends right how can you tell
or how could you determine what an ounce
of silver is worth after decades upon
Decades of manipulation especially
comparing it to a dollar that’s lost 98%
of its original purchasing power is
getting kicked off as the world’s
Reserve currency nobody’s trading
dollars anymore you know Russia just
cancel you know Russia’s not using
dollars anymore all these countries are
opting out so dollarization is happening
we don’t even know if the dollar will
exist in a few years so with all of that
plus you know trying to compare fake
money to money on top of that and the
shortage and how there’s you know
there’s this new age of silver being
used how can you really tell what it is
worth or how could you say that a
certain price is too pricey I mean think
about it hold $1100 bill in your one in
your right hand hold a 1 oce silver coin
in your left hand which one’s more
valuable the $100 in five years will be
able to give you a fourth of what it can
now if it even exist by then but that
ounce of silver is always going to have
to have an ounce of silver inside of it
and as time goes on it’s going to be
more useful as the dollar becomes more
worthless once you can look at it from
that perspective it starts to make sense
why $500 silver might not be that crazy
not right now but in a few years and he
why he says $50 then we’ll see what
happens is because there’s been a strong
resistance level at $50 from 1980 with
the Hunt Brothers cornering the market
um almost exposing comx price corruption
the manipulation which in return push
the price to high as price has ever been
still till this day which speaks for
itself but but also in 2011 when silver
hit $49 couldn’t break above $50 so
there’s a lot of resistance there but
when it’s it breaks above 50 the sky the
limit especially since there’s been that
resistance for so many decades now so
another Factor driving kei’s um his
prediction is the supply deficit right
and that is where he really should come
in because he is the expert at that
since he is the one that’s digging it
out of the ground in a May 2021
interview when presented with supply
side data from Silver Institute
indicating the biggest Surplus in a
silver market history new Meer was blunt
and skepticism I think these numbers are
made up I wouldn’t trust them at all
which guess what they were they had to
revise them he pointed out this
retracting net investments in silver
etps or exchange traded products leaves
the market in a deficit and also
questioned the methodology behind the
institute’s recycling data given that
most recycled silver comes from
privately owned smelters and refineries
that typically don’t make those figures
public along with they don’t incorp
orate military or Aerospace in their
annual numbers as well so the silver the
silver institute’s numbers are are
completely made up or or are extremely
undere exaggerated to the eenth degree
because military and Aerospace uses more
silver than solar alone and solar is the
number one sector for silver when we
talk about these numbers solar is number
one but military and Aerospace they use
more silver than solar but milit Aran
Aerospace isn’t even Incorporated in the
annual demand so when we talk about 1.2
billion ounces it’s actually much much
much higher than that so record-breaking
Supply deficits are actually much much
much worse than that so he goes in to
say I’m guessing the mining sector
produced something in order of 800 maybe
825 million ounces in 2022 new Meer said
when giving a fourth quarter 2022
overview for his company quote
consumption numbers are like they’re
somewhere between 1.2 1.4 billion ounces
that due to all the great Technologies
all the new fangle gadgets that were
consuming electric vehicles solar panels
windmills you name it all these
Technologies require silver that’s a
pretty that’s a pretty big Supply
deficit and then um more controversially
new Meers is of the opinion that while
the white metal will eventually become
uncoupled from its sister metal gold it
it should be seen as a strategic metal
due to its necessity in everyday
appliances from computers to electronics
as well as Technologies mentioned above
he has also stated that silver
production has gone down down in recent
years meaning that the contrary to
popular belief he believes metal is
actually a rare commodity and it is it
really is it’s getting harder and harder
to find silver most Silver’s thrown away
recycling isn’t much there’s very few
primary Silver Mines silver is a
byproduct found by accident you know new
Meyer’s March 2023 triple digit silver
call is longterm and he explained while
he believes gold will break $3,000 he
thinks silver will only reach 30 in 2023
however once the gold and silver ratio
unbalanced he believes silver will begin
to take off and it will just need a
catalyst that Catalyst could be Elon
Musk taking a position in the silver
space new Meer said there’s going to be
a catalyst at sometime and the headlines
in Wall Street Journal might talk about
the silver Supply deficit I don’t know
what the Catalyst will be but investors
and institutions will wake up to the
fundamentals of the metal and that’s
when it will start to move right when
everyone starts to realize how valuable
silver is so in in August 202 interview
with silver news new Meer discussed his
belief that banks are holding the silver
market down he pointed to the paper
market for the metal which he said the
banks have capped at $30 even in times
of high buying quote if you want to go
and buy a 100 billion ounces of silver
in the paper Market you might not even
move the price because some Bank just
writes you a contract that says you own
that quote he explained saying banks are
willing to get short because once the
buying stops they push the price down to
get investors out of the market and buy
the silver back end quote if miners
started pulling their medal out of
current systems then all of the sudden
the banks wouldn’t know if they’re going
to get the medal or not so they wouldn’t
be taking the same risks they’re taking
today in the paper Market you know
that’s probably one of the most
brilliantly straight to the point uh
well just just he said that so
incredible that is exactly that’s
exactly the the game plan that is what’s
happening that’s how the price is being
suppressed if you went and bought a 100
B ion ounces of silver that would have
definitely affect the price we’re
talking about something that’s
fundamental supply and demand there’s
not that much physical silver but they
say there is so that ounce of silver you
hold in your hand theoretically hundreds
of other people own that same ounce
online and they think they own that
ounce online if they tried to turn it in
or if everyone tried at the same time it
would expose that there’s not a one
toone ratio there’s way more paper
contracts they’re oversaturated in the
market and that’s legal that’s that’s
it’s a facade it’s all a facade and
that’s what the Hunt Brothers tried to
expose in 1980 but then the government
banned silver on the spot because they
were like they it would they would have
exposed it they were about to these are
three three billionaire Brothers bought
billions of dollars in silver turned all
the contracts into physical
delivery and the government was like
whoa hold some people say they owned up
to 70% of all the
silver 70% I don’t think it’s that much
but some people said that that’s just an
idea of how much they owned and they
tried to turn it all into physical the
government wouldn’t allow that one it
would expose the price of silver and two
even in 1980 we still used silver enough
to where that would have literally just
crashed the economy as there’s not
enough silver to make anything anymore
because these three guys have it so they
banned silver on the spot pushed this
law called silver rule 7 um and then you
had to sell it by the way you couldn’t
sell it to friends or you had sell it
back to the Federal Reserve and then
that led to Silver Thursday where the
price shot down from $50 to like back to
like however many $8 whatever um within
like one day it dropped over 50% anyways
that’s just a little backstory of what
happened back then and also how this
would happen again if we were to see
that hand get
played so anyways um the month after the
interview as company first Majestic
launched his own 100% owned and operated
Mining facility named for mint so what
factors affect the price of silver well
in order to glean a better
understandings of precious metals
chances of trading around $100 it’s
important to examine the elements um the
strength of the dollar interest rates um
you know that’s a big one why central
banks actions are important to Gold by
extension of s of silver it’s a key
driver of geopolitical uncertainty right
they’re called safe havens um you know
there there’s a lot of things does
historic price action support
$100 well it depends right uh after
spending half the the 20 the 2010s and
the late teens 2020 seem largely hold
above $20 and that’s a good point most
of my stacking career Silver’s been $15
the average price for silver over like
the last 10 11 years has been
$15 but there’s a lot of new stackers so
they are desensitized to higher prices
they started let’s say uh 2021 early you
know February 2021 during the Wall
Street Silver movement that got a lot of
attention a lot of new stackers form
them there they’re used to like $28
silver so right now they’re like okay
well this is what it’s always been but
no actually I remember the first time
silver broke above $20 the July 2016
high of $21 silver we celebrated like
silver won the Super Bowl that was just
$21 but that was back in 2016
right and I was still making daily
videos back then still way back then I
was still doing what I’m doing right now
making daily videos about silver I
remember making that video where it
broke above $21 that’s so crazy to think
about you know almost a decade too I
still doing this and I will be in a
decade from now so
anyways um you know goes into cons
silverhood
$1,000 um I mean I don’t that’s not even
a you know that’s I don’t know seems
unlikely but that silver reach those
Highs but what’s the time frame I mean
think about like in like 10 years from
now I mean think about how much has
happened in the last year in the last
month alone but think about like 10
years from now what would the dollar
look like it probably won’t exist every
Fiat base system lasts around a hundred
years around a century this the USD is
the longest lasting it’s on his last leg
lost 98% of his person power nobody’s
using it anymore countries are opting
out there’s a new digital currency
backed by physical Commodities you know
United States just sanctioning everyone
and not even letting them take their own
money gold I mean it’s just it’s it’s
definitely a huge power shift worldwide
and that’s going to affect the price of
metals especially as you see all the
biggest most powerful countries buying
all the silver India their Imports
silver Imports up 2 165% this year from
last February China biggest importer
silver massive Russia massive amounts of
silver and gold why are all the most
powerful biggest countries in the world
accumulating so much silver and gold hm
it’s like they know something don’t they
anyways I’m going to wrap this video up
here this is a long video um I hope you
guys enjoyed it remember Slayer miles
franklin.com if you want to purchase we
got krugar uh for 310 over spot and uh
we also have some other great prices
though just email me I’ll hook you guys
up remember to subscribe I’m doing a
giveaway I’ll be jumping out of an
airplane in 3 days 3 days from now on
May 2nd I’m jumping out of an airplane
announcing the two winners of my
giveaway I’m starting to get scared I’m
not scared um my daughter is more scared
than I am actually which is actually
pretty sad I shouldn’t have told her I
was doing this she’s only four uh it was
probably a bad idea to tell her that D
is jumping out of an airplane but um
yeah she should know though right I
don’t know maybe that’s that’s a anyways
though I love you all thanks for tuning
in make sure to like the video this is
silver Slayer I’ll see you guys tomorrow
peace for

#silverstacking #Investing #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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