Welcome to Minuteman Precious Metals where it is my goal to enhance your financial preparation and prosperity through education and tracking my personal stacking adventure.
How do you think election will effect the direction goes in? I think we’ll continue seeing highs if democrats win, if trump wins we’ll see retracements as his economic policies come into effect
@@user-gk2zm7sq5v 18% of global usage is hard to ignore. Silver usage in the military is oversold to the public by other RU-vidrs. My father worked for Phelps Dodge and manufactured the silver wire in Patriot and Tomahawk missiles. It is much less than what people are estimating, however due to my own rank in the military I will never mention specifics on that topic.
@@davidpille3593 it is generally a reaction to inflation, softening dollar, interest rate reductions, etc. Our rising debt, dollar debasement, sovereign bank accumulations, petrodollar death, and BRICS are rewriting the script for Gold…
Recession will reduce silver usage even more.Silver is typical for americans, in other countries crypto is much more popular. I think only USA has silver shops, if i watch RU-vid is see Amreican video's, i live in Europe.
👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻Every year you get these RU-vid personalities price hyping silver saying that it’s going to 50$ 80$ 500.00$ and it’s ALWAYS BS STOP IT ‼️ 💩💩💩💩💩💩💩💩💩💩
@@jasonmoad9784 thanks for the response. Unfortunately, the context was lost on you. I am not a Silver pumper, but I regularly cover stories where analysts predict certain price points for precious metals. Some of these are lower and some are higher, all are the perspective of that specific analyst. If you watch enough on my channel you will learn that. Thanks for judging over 70+ videos based on 1 that you failed to understand the perspective.
Unfortunately Mr Ramsey knows nothing about god wealth transfer plans yes silver will sky rocket to at least 500 perhaps even a 1000 an ounce his advice is bad if you look at the price of gold silver and copper over the last 10 20 and 30 years they have increased silver gold copper will always be needed until the great tribulation when the whole grid goes down that when they will throw their gold and silver in the streets and don't be afraid of Zion oil gas Tesla stocks because of new water engine Ford and yes even xrp xlm Shiba Inu xdc algorqn invest in these and diversify learn how to not get hacked
We may have a sharp move up today if PPI data comes in better than expected or a sharp move down if it doesn't. Put an * in the comments if you enjoyed this video.
@@bradleyjordan5365 agreed but if gold serves primarily as an inflation hedge they should be close in percentage rise. Ie Bread and milk doubles, gold should double (approximately).
@@MinuteManPreciousMetals But gold is becoming more than just an inflation hedge, its breaking away from old traditions. Especially with talks about the BRICS backing their currency with gold.
@@spqr9974 here is the thing, whether you think he is lying or not, you should care what he says. When he speaks, the market listens. The traders and hedge fund managers that move Fiat money in and out of the huge Gold and Silver ETFs listen to him, and they are they are the ones that move the Fiat price of Gold and Silver. Just because I don’t like something, doesn’t mean that I don’t see the utility in it. Try to open your mind to that…
The positive data is really stacking up for Gold in Silver and a September rate cut. It seems like I can't stack enough metals fast enough. What are your thoughts?
About 45 years ago a class action lawsuit was brought against the Franklin Mint for PRICE GOUGING their silver products by 2x the price of silver. The suit was dropped when the price of silver went over $40 an oz. Thanks to the Hunt brothers! You would THINK some HOT SHOT LAWYER would start a class action lawsuit against the U.S. Mint as they are now charging OVER 3X the price of silver ( currently $31.50 or thereabouts!) What do you folks think about some lawyer taking up our case against the mint for PRICE GOUGING?
Hi Roy, I don’t think a court case will come about, but I was not happy to read the email concerning the US Mint’s price increases. The US Mint should not be a for profit institution. Their products should be made available at a cost to the American people. Of course I understand that advertising, website development and management, numismatic programs, and many other things could add to the manufacturing cost, but again with these things added in products should be at cost. I would have no problem with reasonably marking up mint products for international sale. As collectors we can choose to not buy, reduce our purchases, or buy on the secondary market with hopes that prices come down on that side of the market. I plan to buy on the secondary market, only if I get a fair deal.
I think that is a solid prediction. The possibilities of a September rate cut got much firmer this week and the market had no choice but to react. If this would have been a normal trading week the data may have pushed markets even higher.
It had a pullback last time it tested these levels, so it could bounce around and move higher or retest it with a pullback. Either way I dont see it falling at the moment. Too much uncertainty in the market
Guess we just wait for the Data to be released and then decide what to do but I'm always going to buy pull backs. I stack dollars during run ups and then wait for Fibonacci retracements to dive in.😂
Well the June nonfarm payroll data is out, and it could not be better for bulls. The economy continues to create jobs even as unemployment ticks modestly higher. (Crossing 4 %). Wage pressure appears to be moderating. It looks like we will not see a buying opportunity for Gold and Silver today…
@@MinuteManPreciousMetals Honestly, whatever the government figures they put out, to me, are a bunch of BS! We have over 2 millions illegals allowed to be here, and if we keep the mind diseased president, in another 4 years that will double! I don't know about your area but here on Long Island, businesses are shutting down faster than the plague! You can't tell me that unemployment isn't getting worse and looking here on RU-vid, HOMELESSNESS is getting worse! We can't even take care of our Veterans, much less all these illegals, who BTW, have never been checked for disease and CERTAINLY are bringing in disease that America eradicated years ago! Wait until the next Democommie push for tax increases! Sorry to get off topic but gouging on coin prices just goes along with the governments way of helping the bad guys our fathers fought against defeat us without us fighting back!
@@jimwright46 President Trump’s term started January 20, 2017 (the gold price at market open on that day was $1,199.10) and the end of his term was January 20, 2021 ( the gold price was $1,854.60 at market open). That is a significant price increase. Please present data showing price depression…
So what you're saying is that the real problem is that our system of government only offers us a choice of either Coke or Pepsi. No root beer, no orange, no Ginger ale, no Red Bull... nothing more than take it or leave it....
@@lawrencehoward9646 I tried really hard in this video to be fair to both political parties and their members. I only aired my personal thoughts when you saw the picture, of the thinker. To answer your question, I do not feel that as a nation our two best leaders or brightest minds are in this race. With that said, we still have to make a choice in November…
@@MinuteManPreciousMetals you are 100% correct on all accounts. Land of freedom of choice that no one is willing to use when it comes to elections because everyone is duped into thinking their only choices are Coke or Pepsi. Some of us remember the scare both parties got with H Ross Pero and John Anderson.
@@lawrencehoward9646 I actually voted for Ross Perot in my first ever election. He had a real plan for reshaping the nation, and he presented it in the simplest of ways….
