$300 silver is coming; If silver hits this floor, start buying - Peter Krauth

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$5K gold and $300 silver make sense, says Peter Krauth, author of "The Great Silver Bull."
Krauth spoke with David Lin, Anchor and Producer at Kitco News, at the PDAC Convention in Toronto.
Follow David Lin on Twitter: @davidlin_TV ( / davidlin_tv )
Follow Kitco News on Twitter: @KitcoNewsNOW ( / kitconewsnow )
Follow Peter Krauth on Twitter: @peter_krauth ( / peter_krauth )
0:00 - Is $300 silver reasonable?
9:04 - $5K gold thesis
13:47 - Short term silver predictions
16:02 - Silver price floor
18:23 - History of silver
22:12 - Is silver used as money?
24:10 - Crypto vs. precious metals
#silver #gold #inflation
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

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27 май 2024

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Комментарии : 1,3 тыс.

@trollking99 Год назад

I have a friend who has stacked silver for over 20 years. At one point in her life, she became a single mom taking care of 3 kids, no stable income, and was also finishing post-secondary school. She cashed in thousands of dollars worth of silver, which was a lifeline for her. The point being that stacking silver does have real world uses when the time comes.

@deesus1085 Год назад

if she put 95% in the market and 5% in silver, she could’ve retired 😂

@joebuck4496 Год назад

It’s a joke. It’s a good “Story”

@joebuck4496 Год назад

The story that silver spot price is always just about to shoot to the moon is a joke.

@encepurdy68 Год назад

@@deesus1085 exactly along time ago too sad to say

@larrydilley5384 Год назад

@Walter Murray I’m

@anwarhaq5525 Год назад

Fuck $300 let's hit $50 dollars first

@bobstiger435 Год назад

Yea really

@lesliechow7286 Год назад

Maybe even $27 again

@djIIaSh День назад

a j3w discussing this shit with an asian.... make your own assumptions. China major producer of solar panels (20gs) of silver per panel. Stock up, the great reset is coming. Wheres the 1800s history.

@robertcalamusso4218 Год назад

I’ve been hearing 100 $ silver since 1999.

@povarful Год назад

You don't understand

@mrveritas700 Год назад

from who? Because,I know who recently coined the 3 digit silver term, but not back then....

@danielmayo5199 Год назад

right

@Mauitaoist Год назад

right that's exactly why it's probably likely that it will happen now because it hasn't happened yet

@godanddevil.5331 Год назад

Buy silver is the new lithium

@cashvelocity4989 Год назад

Completely agree but how can you not address the elephant in the room? Silver will not take off until JPM stops flooding the paper market. Why doesn’t anyone address this in an interview?

@1philliph Год назад

Incorrect. Silver will find it's price once industry is forced to go to the open market for supply.

@neonnoodle1169 Год назад

They don’t bring it up because they’re not allowed to.

@arouse6140 Год назад

@@1philliph 👍. That’s the difference is paper contracts don’t create supply of physical obviously. Mine supply is limited. Investor demand during a monetary and government fumble is the wild card for a wild ride. It’s a silver decade. If JP Morgan gets caught short 😂🔥

@bobs8005 Год назад

@@arouse6140 JP has already paid $900 million in fines. Of course they are manipulating

@yosquidd242 Год назад

@@arouse6140 Warren Buffet like the Hunt brothers back in the '80s hoarded millions of OZs. They then, later, sell to the industries that regularly depend on the metal. The same premise for individuals, for the long haul only slow but steady. Millennials want the rise to only favor their generation in order to claim the story of silver shoots over the moon!

@dr.g6105 Год назад

The interviewer is excellent. Respectful but not fawning, asking pointed questions and citing wider consensus to compare the claims, and asking questions investors would ask given the chance. Exceptionally well done.

@Decoder2040 Год назад

thats how they roll every interview

@rollawayjack2854 Год назад

David Lin is the bomb

@GeneralLee257 Год назад

David Lin is fine but I wish they would stop having these guests pitching these crazy numbers.

@mariusm5660 Год назад

Excellent establishment propaganda.

@SayNoToIdiots Год назад

David Lin's smart questions totally destroyed his thesis predictions

@dannymarlin9150 Год назад

This is laughable. It cant even get to 30 with all the economic mess we are in

@mrsimpson7717 Год назад

😂

@ChancetheCanine Год назад

Patiences!

@temptek2377 Год назад

FED is tightening... this guy is trying to unload his bags to a sucker that mght believe this trash

@AGMI9 Год назад

@@ChancetheCanine no ones aiming to make money by the time they are 70 these days, you can keep tthat style of investing

@neonnoodle1169 Год назад

It’s not allowed to get to 30 by the powers that be. The precious medals markets are completely manipulated and controlled, particularly silver.

@427yenko67 Год назад

The times we are living in are like no other...every country is living on borrowed time..financially speaking. Every countries currency is crap...I believe silver will go crazy in the next year or two.. These guys are talking as if we're living in 1970 and our country is 10 billion in debt... We are 70 trillion in debt...the currency is going to have to be reset .... soon. Everyones currency...and the new currency in order to be legitimate is going to have to be tied to something..like silver or gold.

@atrayalhale Год назад

Finally, someone understands.

@andrecosta8659 Год назад

The new digital currency will not be tied to gold or silver and never will. It will be another form of fiat. 100% but doesn’t mean that gold and silver isn’t going to explode in price

@stefengullicksen314 Год назад

Steve Elder doesn't it seem that there is little pressure to be legitimate. More like a fantasy of caveat emptor.

@MolotovAustralia 7 дней назад

@@andrecosta8659 2 resets. First one will not take; some people will be washed up.

@HD-kg8zb Год назад

5-10 years? This is not a prediction, this is only a possibility because everything can happen in 5-10 years

@financialeducation4433 Год назад

In 5-10 years gas will be 20 dollars a gallon. Calling it now ;)

@svsoleil3255 Год назад

Believe it or not, they've been saying the same silver bullsh*t for at least 14 yrs now...so whats another 10 yrs? lol...These dudes are assclowns...raging inflation and gasoline heading to $10...and silver still cant even break $24...these guys have been FOS since I started to listen to them years ago..

@GaryduPlessis Год назад

Well said. How about 10 000$ Silver in 50 - 100 Years.

@silverfox4296 Год назад

5 to 10 yrs NOT how about in the next 2 yrs. Look what's happening FED

@brunoonraedt3401 Год назад

Silver has been replaced In solar panels by a new copper alloy developed in the Netherlands

@ernestburelle2035 Год назад

if it wasn't rigged it would be 600.00

@neonnoodle1169 Год назад

Or at least 300 already

@flacoblb Год назад

Not if the supply is able to keep up with demand. It's fing economics

@FindTheTRUTH337 Год назад

Nah

@skol10000 Год назад

If it's rigged, why do you own it?

@stevenvalett1231 Год назад

The $300 myth of silver had been going on since I started stacking in the 90's.

@itsadoggydogworld8974 11 месяцев назад

Regardless if it went up to 50$ in the 70’s that would easily be 300 now. The market is manipulated way more paper silver is traded then exists in real silver

@aslau3820 Год назад

Love David’s interviewing style…he checks his guests and not let them make statements without support or explanation.

@harryolsen603 Год назад

Yes but i find his hairstyle to be....

@expatgringo7538 Год назад

BUT DO YOU HAVE A POT TO PISS IN ???

@cjoe1950 2 месяца назад

@@harryolsen603yeah it looks like pubic hair.

@gee1777 Год назад

I was buying silver at $4 to $5 long ago and added along the way with highest price around $18 and added none since. I also own silver stocks, so many investors won't hold stuff for more than months or days or hours, I always make my most money in 5 and 10 year time frames and in this case I have been mega patient but will not sell anywhere near these prices and will wait until everyone wants it then feed the quackers, I expect this will be well into three figures.

@adammutchler9956 Год назад

They will always put a damper on metals. They make our micro chips, phones, all sorts of uses. You think the prices of our products are high.. you if metals do move to said 300 silver . Wow hhhhyper inflation!!

@davids2009 Год назад

whats your favourite silver stocks?

@eventhisidistaken Год назад

...last time I bought silver in any serious quantity, it was $7 for a silver eagle. I could sell now for around $28 if I want to (for eagles). That's 4x in less than 20 years. Yes, I could have bought the S&P, and I did that too, but 4x in the past 20 years is substantially more than inflation with really, very little risk. IMHO, the place to be right now as far as precious metals, is platinum. Everyone hates it, but they aren't making more. ..blood in the streets is the time to buy if you want to make a fortune.

@ace1603 Год назад

@@eventhisidistaken less than 20 years......Bitcoin from 2010 to 2020 just 10 years went up a little more.

@eventhisidistaken Год назад

@@ace1603 Bitcoin is garbage. It's going to zero eventually, as governments increasingly criminalize everything but their own official crypto.

@mountainman9145 Год назад

It is estimated that by 2050 there will be 2.5 billion motor vehicles on the worlds roads. It is predicted by that time that 70% of those vehicles will be EVs. Each EV approximately uses up to 50 grams of Silver. The USGS estimates their is 530,000 metric tons of Silver left in the worlds rocks. Rough figures 28grams in a ounce of Silver. 32,000 ounces in a ton. You do the math - Silver is going to be exhausted. If you are young enough to be around in 2050 buy Silver now :-))

@samyguindy8490 Год назад

Man will be dead by then

@AndyGraceMedia Год назад

Of course it will break long before then. Russia and China are already forcing the issue.

@trollking99 Год назад

Is silver in EV batteries or the car themselves? Because if it's in the batteries, silver could deplete much faster since more batteries will be produced than actual cars.

@johnshank7713 Год назад

But EVs won't be a thing of the future, since our world's electric grid is outdated and cannot sustain the energy of that many EVs. Already California is U-turning, saying don't charge your EVs due to rolling black outs. EVs are just a fad, the lithium batteries themselves pollute more than fossil fuels when they are discarded, and are unaffordable to replace. They will unveil that revelation to the masses of sheep later and hop to another mode of energy, and continue the $$$ train again, rinse and repeat.

@chanceberg832 Год назад

Thank You for the information Knowledge is power.Power is wealth.

@zachcauthren Год назад

we have to remember that 50 1980 dollars was much stronger than 50 2011 dollars. and that says alot! about 22$ silver in 2022.

@brysona466 Год назад

It Says Silver Is A Pretty Hopeless "Investment."

@westcoaststacker569 Год назад

It was all speculation using the futures market and leverage, not a realistic goal

@mattmurphy8288 Год назад

@@brysona466 it really isn’t an investment… more an insurance policy…

@patrickhache7020 Год назад

A lot. 2 words, not 1...

@zachcauthren Год назад

@@patrickhache7020 thx u for the correction

@Uofmdoc Год назад

Fabulous job David. You were prepared and asked all the right questions. You challenged Peter in a thorough but respectful way.

@honestyfirst8835 Год назад

1:35 Daivd says," silver had not been $50 since the eighties) and the Peter agrees. Silver hit over $50 an ounce April 29th, 2011.

@MustangWriter Год назад

I own it (altho I recently sold 500 oz; sell when everyone else is buying right?) sold mostly bars, kept the constitutional and numistic stuff. I'm more heavily into gold. I see silver now as an industrial metal TIED TO DERIVATIVES. If silver goes to $300 (being tied to the derivative market) we'll have a helluva lot more to worry about other than inflation. You're talking financial armageddon.

@gundam0816 Год назад

we are almost at financial armageddon. Consumer debt is at an all time high and we about to go into a depression...

@FirebrandMedia Год назад

Armageddon is assured....all debts are paid

@crypt0bank446 Год назад

financial armageddon is end goal bro. we arent in this situation by bad luck, it was all design.

@SCzxjk Год назад

@@gundam0816 He sold his real money for a piece of paper 📃 🤣

@demri123 Год назад

Yes, armageddon is accurate Look around

@bradmoberly6164 Год назад

When silver goes below cost. The dealers say they are out of stock or 12$ still costs 18$.

@mrveritas700 Год назад

Been like that for a while now...

@stevestewart6287 Год назад

It's all a scam to get you to buy more silver. When spot silver was $15 A COUPLE YEARS AGO suddenly they were all out of silver, but when it went up to $28, they had all the silver you wanted to buy. And now the premium on a silver eagle is $16, when it used to be $2 back in January of 2020. They are robbing people blind, and even with silver at $19.70 they still want $37 for a silver eagle, it's insane, and I refuse to pay it. They can take their silver and shove it. Now they are bringing out the $300 silver clowns again, it's laughable. Silver can not even break $30, how is it going to $300, it will never happen. Kitco should be kicked off youtube for putting these clowns on their programs, and Peter should go away, and stop lying to people about $300 silver. It is NEVER GOING TO HAPPEN. These guys have been talking this $300 silver nonsense for years, and it never happens, ever. They should all be banned from youtube, and sued for fraud.

@flacoblb Год назад

That's true when it goes up quickly there out too

@RobertLee-wi5kc 6 дней назад

Then find another seller

@carlosalves4444 Год назад

The other issue is at current inflation prices the price of silver is very low because even if silver goes to $100, your $100 at the supermarket is buying you less groceries anyway as inflation is eating up your purchasing power.

@lesliechow7286 Год назад

That’s why you buy silver and gold mining stocks. They have a bigger upside .

@dirtfarmer65 Год назад

Better hold the silver or gold than loss 50 or 99% on your DOLLARS.

@jasonstewart3748 Год назад

There won't be groceries at the supermarket

@lesliechow7286 Год назад

@@jasonstewart3748 all of this is by design. The government wants all of us in “need” where we can be controlled.

@carlosalves4444 Год назад

my point is $100 isn't buying you all that much worth of groceries these days, so by the time silver hits $100 your groceries are probably $200. Silver is not keeping up with inflation, infact it's going the opposite way. So much for a hedge.

@meMiner Год назад

I love silver and gold. However, I am amused by calls for high multiples while the price is actually declining.

@ericpaffenroth4213 Год назад

The paper market controls the price of metals. Once people call in the paper contracts for the metal, the game is over.

@bar8665 Год назад

People are calling this a "dip" in stocks and crypto. Everything over a period of time is expected to go up. Why do you single out metals?

@financialeducation4433 Год назад

Why isn't anyone factoring in advancements in technology bringing down extraction cost?

@miketyson8933 Год назад

Everything goes down before it shoots up! Banks are shorting it, 2023 will be a HUGE year for metals!! And dont sell cause it will slam up more and more WATCH!!

@animalsarebeautifulpeople3094 Год назад

@@ericpaffenroth4213 it's NOT the paper mkt but that most people still do not buy gild or silver.

@gandhi9936 Год назад

It’s a question of the risk reward ratio. I think silver downside risk is very low, considering silver’s essential role in so many applications, and the limited supply. Even if it does not reach $50, it is still worth holding to preserve wealth.

@user-DongJ Год назад

Totally. Would gold & platinum be good at preserving wealth too? How about carbon or oil?

@Decoder2040 Год назад

@@user-DongJ only metals for wealth preservation

@sharodbell Год назад

Exactly

@jasonkearny9178 Год назад

@@user-DongJ gold Yes! I've heard lots of good arguments not to add platinum. Unless you have plenty of silver and gold.

@TK-lv5ff 5 месяцев назад

@@user-DongJ yes to all

@mikedemasi5137 Год назад

Been hearing this for 30 years

@nrgizer28 10 дней назад

I’d like to see a revisit of the guest!! 👍🏽👍🏽🫡 and his thoughts now! 👍🏽👍🏽

@jossandman Год назад

Silver will easily see 600$ per oz within the next 100-150 years

@povarful Год назад

🤔 I will be dead to see it

@mikenelson7894 Год назад

🤣😆😂

@eventhisidistaken Год назад

Silver has been doubling every 10 years since 1970. If that continues, it will hit $300 around 2055. That said, we are in a period of accelerating high inflation and nothing substantial is being done to squash it, so all bets are off. It could hit $300 *way earlier*, but there is no realistic scenario where it will take longer.

@markhoward9743 Год назад

And I for one can't wait!

@Simon-wz6km Год назад

Probably 150 years

@Stonewall1955 3 дня назад

I continued to accumulate pre 1965 US 90% - Silver dimes, quarters and half Dollars

@rnp1785 Год назад

I’ll be dead by the time silver hits $300. I probably only have 20 years left to make any money. 10 years too old to do anything.

@jimtalbott2095 Год назад

Then No worries mate!

@raywharrie3758 Год назад

I'm with you on that!

@HuFlungDung2 Год назад

Making the giant ass-umption that having those dollars will mean anything at all. Americans are blinded by the love for the dollar. If you actually lived in a system using a non-reserve currency, you'd wake up to how artificial the fiat dollar actually is.

@guitarsender Год назад

Yea you’ll be better to stick to crypto

@independenceday3764 Год назад

@Sander crypto is not real. try getting your cryptos out without power. silver IS money. nations have been plundered for it (ex. India). silver $700, gold $15k

@jacobkelley519 Год назад

Silver never breached 1980 highs because we entered a fiat currency debt based system and we have had to drop fed funds from 20 percent down to 0% in 2008 and we did QE to get us to 2021 and now we have 20% inflation so they are out of rate drops and they are out of QE wiggle room. Silver will boom when this system fails( within the next couple years) or it will be made an illegal/restricted resource.

@rodneygangloff6685 Год назад

My company uses silver in production of products, also gold.

@jacobkelley519 Год назад

Might be a good idea to keep a bigger inventory than normal headed into the years to come

@demolitiondan1188 Год назад

Exactly. The government will do whatever it wants to do….👎🏻☹️

@fifteenbyfive Год назад

Should have boomed already. If this is the only asset that needs the system to fail to boom, it's the last thing I want to buy. Seen too many years, people saying the same things over and over again. It all runs together and goes nowhere.

@jacobkelley519 Год назад

@@fifteenbyfive as long as there is no inflation, no unemployment, and lending growth continues then yes I would stay away from silver and leverage debt assets. That was the case for a long time but not now.

@palmerpalmer9823 Год назад

There were 500 million ounces of naked shorts sold on Comex yesterday. Do you really think silver will ever go up? It has always been controlled and always will be. I would be happy if silver got to 25

@Decoder2040 Год назад

FYI spot price isn't the real price. they buy your silver above spot, just like they sell above spot.

@Rhiorrha Год назад

@@Decoder2040 Under. Thy buy under, sell over. Just like when you trade a game or console to Gamestop: 25 bucks for your game, but they sell it for 45.

@timelbrecht9562 Год назад

There’s nothing to say it ever has to go back to the old ratio. Been hearing the same silver argument for 30 years.

@John-hu9qb Год назад

Always love how David interviews his guests,polite but to the point and doesn’t suffer fools lightly, keep up the great work David one of the best and informative shows out there 👏👏👏

@TheJason1957 Год назад

And don't forget there all wrong !!

@Kane6676 Год назад

It’s not an interview, it’s an advertisement

@edwardscissorhands4007 Год назад

@@Kane6676 Yep! and that dude didnt even know that the book was out for 5 weeks and a New York Times Best Seller!

@janicejohnson1334 Год назад

@@Kane6676 You are so correct .... just another "BUY MY BOOK" Scam ... nobdy knows wht tommorrow brings ... nobody

@Kane6676 Год назад

@@janicejohnson1334 I come to find out that all these RU-vid “ help” videos are just ads

@SniperLogic Год назад

When silver hits $300 a loaf of bread will be $65.

@quant2011 Год назад

Why not 300?

@jasonponto1032 8 дней назад

bullshit..........more like $10 pieces of tp

@ORO_LOBO Год назад

Great Informative Video..Salute and Cheers To All Stackers

@HD-kg8zb Год назад

Forget 300 dollars , I will be happy if it hits 50 dolars

@povarful Год назад

Think higher mon!

@joeblowe7545 Год назад

I'll be happy if it ever hits $30 again.

@povarful Год назад

@@joeblowe7545 oh yeah?

@cryptocrypto8736 Год назад

me2 but why not 150? the world is crazy

@Fastgt2003 Год назад

Naw dude I want 3k nothing less

@theTeflonDon1 Год назад

The markets are deflating right now with much more to fall, silver isn't plummeting 16 bucks is probably the best price we could have bought going forward.

@carlosalves4444 Год назад

I firmly believe that silver will only go up when the US dollar is being bypassed through the swift banking system. When more countries are being able to make payments in their own currencies without having to pay in US dollars that's going to push pm prices through the roof.

@DetroitLove4U Год назад

Japan will dump U.S. treasuries. Foreign investors will be dumping dollars back into the U.S. - silver to $300 +.

@janicejohnson1334 Год назад

CARLOS . . You nailed it - Spot On

@tadbushboybleeker8100 Год назад

Its happening now

@helenbrooks4787 Год назад

I agree, Ive veen hearing "siler to the moon" since I bought my 1st ounce, 8 years ago.

@Daany158 Год назад

The FED has lost it and the sad fact is it's pretty obvious we are headed for hyperinflation.i think stores better have tight security because when people can't afford to feed their families, things might get ugly.

@fdlc4L Год назад

We are not headed for hyperinflation. Head to a 3rd world country like Venezuela if you want to see hyperinflation. It will not happen here. The fed will do something to stop it before it happens

@skol10000 Год назад

There will be no hyperinflation, not in fiscally responsible countries. Maybe in Zimbabwe, the Central African Republic, or coming up shortly...Russia!

@JohnDoe-ef3wo Год назад

Grocery stores go out of business during hyperinflationary events

@user-zc8fd8mn9t Год назад

@@skol10000 idiot, first in america, ROSSIA IS THE NEW KING

@williamhutsul9940 Год назад

no way!

@adamgonzalez7450 Год назад

Seeing as though I own a lot of silver, I hope it does!

@louispower7822 Год назад

Actually, high silver is not too much of a problem. At the moment full EVs use about 50g of silver. At today's price 38 USD. If it goes up to 300 USD then you have 534 USD for the 1.78 Oz's used in production. So, 496 USD increase. The manufacturer will simply higher the price by 500 USD. This is easy when your car is usually 30,000 - 100,000 USD. The average price is around 66,000. So, not too much of a problem at all. Also, it goes as low as 32 grams, this makes the cost even easier to absorb.

@frankrobertolsvik6988 Год назад

Good point Louis!

@FindTheTRUTH337 Год назад

That inflation will pass through out economy… The impact of increased prices in one sector will spill over into others….

@darrellklassen2559 Год назад

A better example is the industrial military complex. Each cruise missile contains over 100 ounces of silver. When you fire them off by the hundreds during a conflict, that gets pretty expensive real fast.

@rokkralj9786 Год назад

No, not really, they will start replacing silver with much cheaper alternatives. Manufacturers that will rise prices by $500 will get outcompeted.

@Grayman919 Год назад

Again, David is outstanding at adjusting and managing the conversation in a way that brings the guest out of their shell. His cadence is also very inquisitive and intelligent. Much better than the typical uptalking pissants that don't understand their own power. Well done, David. Also I generally agree with Mr. Krauth, although if you are factoring in inflation so heavily, you might consider capex for essential industries (including mines), and a gungho approach to commodities across the board.

@stevestewart6287 Год назад

Are you for real, this is garbage, from both of them. Peter is a propaganda clown, and the people at kitco are just as bad for giving this grifter a platform to spread his $300 silver lies. Silver can not even break $30, so how is it going to go to $300, it is laughable. These same guys have been saying this for years, and it never happens, they all went to the Trump school of lies.

@yomismo1888 Год назад

I'm currently reading the book "Will Silver ever get above 26$/oz this year"?

@anonymousAJ Год назад

It might not! The case for gold and silver relies on low storage cost and therefore long time preference

@frankbryan3478 Год назад

@@anonymousAJ Get it in your hands guys!! Geez

@allanrobertson6193 Год назад

31 Aussie now-

@monte4150 Год назад

I think that's in his next book!😂😂😂😂 Keep stacking my brotha👊🏻

@dennisfoster4054 Год назад

It is here in NewZealand.

@charlesbrady3903 Год назад

Started buying silver like 10 years ago. It's been the worst investment. They were saying $300 silver ten years ago.

@joeblowe7545 Год назад

Agreed. It's a scam

@mrlover4310 Год назад

I believe it can happen tomorrow even yesterday even 10 years ago, the mining companies they need to make opec! just like they come together and set the price of oil.. why can't mining companies do the same with silver and gold companies come together and set their prices at 50$ possibly calling it precious metals Co-operative???

@jd218 Год назад

The Hunt brothers tried to corner the silver market causing an all time high.That said I began buying at 12$ Oz and purchase monthly.

@westcoaststacker569 Год назад

Seems disingenuous to pick the ratio at a peak in speculation, then the second date when Buffett attempted it. Using the ratio I feel now is a poor method to base by purchases. I bought a lot of silver and platinum 6-5 years ago, now I focus on gold.

@dennisfaiella9341 Год назад

That was a trip when the Hunt bros. did that, PTB broke them guys.

@trollking99 Год назад

Was one of the Hunt brothers named Mike?

@bobvanderbeek8829 Год назад

The next big bounce was a Buffet play

@jasonponto1032 8 дней назад

@@trollking99 Is it the same Mike Hunt that I know?

@lindaadrid9795 Год назад

It is always 5-10 years. It was that in 2018, next year is 5 years from there. Tired of all the rigging of the financial system. We are all going to get fleeced of our assets.

@JohnDoe-ef3wo Год назад

It's set in stone

@chevypreps6417 Год назад

So true........it is never now.

@dennisfoster4054 Год назад

You're just weak,stop complaining and sit back and enjoy the ride,silver will rise it's inevitable.

@bikes02 Год назад

@@dennisfoster4054 Oh yeh? Hows the ride going so far 🤣

@dennisfoster4054 Год назад

@@bikes02 Great accumulation is what's it about,you Peasants can sit on your devalued Fiat Paper rubbish that's lost 97 % of its value in the last 100 years.

@blinkrei Год назад

Peter is great! He failed to mention the reason silver is not used as transaction money is that it it too valuable. Bad money chases out good. people will hoard REAL money and transact in the fiat ALWAYS

@stevestewart6287 Год назад

Peter is a lying clown, case closed.

@dwhipple6606 Год назад

Get small silver coins...

@flacc623 Год назад

@@dwhipple6606 why u say that??

@joetrombatore5704 Год назад

Great interview . Peter has a promising insight.Hope silver goes at least 50/1

@sp-lq9me Год назад

great interview david Lin!

@qwerty90615 Год назад

David is a pleasure to watch.

@markemma5 Год назад

David Lin is the best interviewer in media. Concise, relevant questions. Gives all the space for the person interviewed to speak. Careful rebuttal to move the point along without getting “in the way.” How I wish his examples would be followed by others.

@brysona466 Год назад

Time to Give Up on Silver? We've been Hearing the Same Hype Since 2012 & Can't Even Hold Half the All Time Highs.

@johnyracercat Год назад

Yes. Please give up on silver, so mine can go up the day after you sell yours.

@brysona466 Год назад

@@johnyracercat Buying & Selling Metal Has no Impact on Prices. Only Contracts Push Price Around. Would Be Better off Waiting for the Once in a Decade Rally Like 2020 And Shorting for Inevitable Surrender of 90% of the Gains During the Following Decade of Flat & Falling Price Action Before Another Rally. We Can't Even Hold 1/2 of the All Time Highs, Clearly Silver is Simply Hopeless. Time to Move On

@hotstix7014 Год назад

Way too much hype I’m getting sick of it but stacking for decades every time I hear what’s going to triple digit silver it’s time to run for the hills. As a senior citizen my time is short don’t think I could wait much longer

@AJ-ox8xy Год назад

I'll hold out as long as I can. Because I do believe silver and especially gold will be used as a reserve for currencies or will be used as money again. But I'm not sure it'll happen anytime soon. I think we'll have to go through very hard times before people wake up and realize you can't mortgage your life and expect to live it well. It will either bankrupt you or worse your nation/ posterity. So I'll always stack assuming I can. But for the time being it's just a safer personal savings account that's better then banks.

@spaceace4613 Год назад

It actually has started w China and Russia and other BRICS nationss...A new world reserve currency based on precious metals...

@janicejohnson1334 Год назад

BRAVO ..... XLCNT

@collin6270 Год назад

I will never understand people that are hyper focused on the price action of precious metals. The purpose of metal is to hold value, not multiply your savings.

@eamonmbourke Год назад

Silver is one of the best Stable Coins there is. It hasn’t moved in years.

@kativat2068 Год назад

people underestimate this

@joebuck4496 Год назад

For the love of God silver was $50 in 1980 for about 10 minutes.

@independenceday3764 Год назад

yet the currency printing has gone on exponentially

@FindTheTRUTH337 Год назад

😂

@christsangaris Год назад

The problem of physical silver as a store of value is that most countries charge vat on it, whereas they don't with gold. Investors just pay the capital gains when selling gold. This must factor into the reason the difference in price is greater than it's ever been.

@fifealganaraz7466 Год назад

France chrges you VAT for GOLD...🥵

@djtlfox Год назад

Silver is a bargain right now at double spot 🤣

@khankrum1 Год назад

In the UK you do not pay Cap Gain on gold Soveriegn's because it is still classed as currency.

@darrellklassen2559 Год назад

I guess canada must be the best country in the world then to buy gold and silver. There are no taxes on the purchase of g&s, and if you buy coins which are legal tender then there are no capitol gains applied when selling them.

@vastount1 Год назад

Great guest thank you!

@BouchardSRose Год назад

I learned a lot of necessary information through the video. Thank you very much for making such a beautiful video

@jamancity5564 Год назад

I think this is David at his best, really nice feel ! 👍

@raizt1596 Год назад

Except for his hair. Don't know what's going on there.

@honestyfirst8835 Год назад

1:35 This guy says," silver had not been $50 since the eighties) and the other guy agrees. Silver hit over $50 an ounce April 29th, 2011.

@jenkosgoldadventures Год назад

How many times have we heard this?

@julieta203 Год назад

Wasn't it $500 Silver in 2010. These guys just never stop do they. The book is obviously under the fiction section.

@noluthandomadela Год назад

This was very educational, I really appreacite the conversation. 😊

@johnouellet4099 Год назад

Silver will never get that high because it's a very Industrial metal meaning that most of the buyers of silver buy it for industrial uses. That means that the market of silver is somewhat self-regulating and self pricing. Industrial buyers Buy in large quantities and if the price is too high they simply don't buy which helps control the supply demand curve. Gold is a much better investment. It's a more valuable precious metal with far fewer industrial uses and because of its cost does not have the downside of silver. Anything that happens with silver will also happen with gold so you're better off keeping and storing gold

@sv60 Год назад

Do some historical research on palladium... Come back after and comment. I don't necessarily agree with him but people laughed at palladium ever getting to the highs it did.

@mikenelson7894 Год назад

Agreed 100%

@stefengullicksen314 Год назад

if industry doesn't buy, and their stocks are low, don't they have to accept $?

@Josh-nf4ek Год назад

I immediately thought of palladium as well. Silver could easily be $1000+ based on industrial and investor demand.

@kellynestegard5208 Год назад

Have you ever heard of supply and demand? It's a pretty solid concept

@philipmills8732 Год назад

Silver to Gold ratio reached a little bit under 70 to 1 this last year. Its at 82 right now. If it goes back down, call it a reversion trade, to 70 to 1 that will put silver at a price around $26.72.

@17dukeman Год назад

So right now silver is at a discount ?

@EyePatchGuy88 Год назад

@@17dukeman - the ratio historically has always been 8:1, these numbers are fudged through silver stocks and the Fed's tricks.

@Thefutureisbright7 Год назад

It's at 91 now.

@fifealganaraz7466 Год назад

or gold going back to 1200

@OldDocSilver Год назад

Silver was pegged at 12:1 to gold back in the 30’s In 1963 gold was selling at $25 oz and silver was $1.80 oz. It’s slide from gold was due mainly to its demand in the Kodak film industry as it was purposely kept affordable as an industrial metal….like copper and aluminum. Now because there is very little use for silver because picture taking has all gone digital, its use in computers and electronics and electrical transmission is all that’s left. So like gold, Silver is now an excellent commodity to represent a gold based economy. 12:1 ratio is plausible.

@IslamicRageBoy Год назад

Where do I get the dollars to buy gold

@jasonponto1032 8 дней назад

from the fiat dollars you blow on materialistic bullshit

@daveogle810 Год назад

David Lin is one of the best journalists today. No doubt.

@hotstix7014 Год назад

I totally agree

@kunalm2008gmail Год назад

Had ElSalvador made a gold backed digital currency, it would have never faced an economic collapse.

@trollking99 Год назад

El Salvador is buying even more BTC in the current dip. They are in it for the long run.

@kunalm2008gmail Год назад

@@trollking99 OK.. I will also buy once bitcoin hits 8000 then wait for 100k

@fa5234 Год назад

There is no doubt that the price of silver should be much higher, but since silver is a widely used industrial commodity, they (the central banks and the industrial complex) will never let silver reach its real price. .

@davidhidvegi4417 Год назад

Why should it be much higher?

@nocturnal1970 Год назад

Agreed as with gold it is a manipulated dinosaur store of value.

@flacoblb Год назад

It's not renewable

@darrellklassen2559 Год назад

Until the brics nations all buy and sell oil with gold. Which they have said is coming. China could re- value gold to 10 thousand an ounce, and the U.S. would be bankrupt over night.

@tristanmaclennan2989 Год назад

@@davidhidvegi4417 Just look at where it has got us since coming off the Gold Standard!

@TheJason1957 Год назад

The gold-silver ratio, last at 96 (ounces of silver per ounce of gold) has retraced more than 50% of the 2020 to 2021 collapse from 127 to 62 with the next level of resistance around 102.5, a potential further 6% underperformance relative to gold, while a break back below 94 would be the first signal of strength starting to come back

@tedlawrence4189 Год назад

No one can predict the price of anything in the future. One may guess, based on research, but still it's just an educated guess. Sure silver may be at $300 in the future. It may also be at $10. Only time will tell us.

@davidhidvegi4417 Год назад

Gold-silver ratio is not an argument for the preis expectation, it's only a historical data. Why should it be in the future so high as it was in the past?

@kennethwilliams4874 Год назад

Thank you David, thank you.

@brunoonraedt3401 Год назад

In the Netherlands, a new copper alloy has been made that replaces all the silver in solar panels

@Decoder2040 Год назад

very cool

@nocturnal1970 Год назад

Verifying a comment I just made about new tech in solar panels, this guy is just trying to shill his best selling book... 😁

@bobs8005 Год назад

@@nocturnal1970 who is shilling

@nocturnal1970 Год назад

@@bobs8005 This guy about his book, I doubt it will be a best seller though.

@trollking99 Год назад

This may be true, but there have been hundreds of new inventions that are better than current standards, but will never replace what's already in place. This is due to various factors including the total cost of replacement, supply, changing the infrastructure, etc, etc. It's unfortunate but true.

@robertwilson214 Год назад

All you can be sure of is the vault will keep taking storage fees off you,unless you're bonkers enough to keep kilos of silver in your house.

@Metal_seer Месяц назад

At the seemingly new normal of gold/silver ratio of 90 to 1 (Don't know why); for silver to reach $300/oz, gold would need to go to $27,000/oz. NOT LIKELY. $30/oz seems possible this year, as gold only has to go to $2700/oz, and it is at $2233 (and headed up) as I type this.

@NWCRYPTOADVISOR Год назад

As long as we evaluate and equate everything in dollar value. Nothing will change.

@jimtalbott2095 Год назад

Very well said

@NWCRYPTOADVISOR Год назад

@@jimtalbott2095 thanks Jim. I’m so Fed up with it all. Pun intended.

@AndyGraceMedia Год назад

And that's why Putin is in Ukraine, selling crude oil to India in rubles and rupees along with gold. The China Russia currency basket is going to change everything and it includes silver.

@JAMEZANDRADE Год назад

I look at in this way , your maybe not going to become rich but you will store your current value for the future , as the economy worldwide is going poorly and continues to do so.

@IvanButtkoff 9 дней назад

Somebody needs to address the elephant in the room: military applications for silver and why these numbers aren’t included in every report.

@danoneill2846 Год назад

thanks

@raywharrie3758 Год назад

Even if silver goes up sharply, makers using silver in their products will shift the price increases to the end users.

@honestyfirst8835 Год назад

So, which side of the market do you wish to be on? This is why you should have been buying silver along time ago. But it is not to late.

@Jcrpdx Год назад

Very useful & well done interview.

@Robert_The_Great Год назад

Well, the only bummer is that people have been predicting a spike in Silver prices....for TWENTY years. And, of course, those working directly in precious metals are cheerleaders for higher prices. I own a little. The prognosticators will be right SOMEDAY.

@Fredrikwatchesandartwork Год назад

Silver + Gold 👑 🚀🚀🌤

@natedizzypro Год назад

When there are recessions and we are in a global one, precious metals skyrocket. Happens everytime. Within the next year it will be $50 for sure

@nocturnal1970 Год назад

That isn't true, check it out for yourself

@bobs8005 Год назад

@@nocturnal1970 it’s a good theory that never plays out.

@Tomaso1919 Год назад

all silver that I have accumulated was for specs but i believe now that it will be used after the end of the entire system (as currency kind of). In 5 years 10 years, this world or the system we know will not exist anymore. It s gonna be savage.

@tristanmaclennan2989 Год назад

5 to 10 years,? The end of the system as we currently know will end before December 2024, or depending on how long the Fed can keep the lies going. I would say the Fed is buying all of the Dow and the Nasdaq to make us think all is well!

@InTheNow2020 Год назад

I think the biggest factor on silver surging is supply and demand. And, is a partially backed US dollar w-silver possible? The issuance a "silver paper", dollar may be in the cards.

@robertwalker5521 Год назад

"silver certificate" bills are highly collectible.

@mitchbatten8281 10 дней назад

Industrial use Silver does not have to have the same price point as Minted Silver. Paper used in commercial products does not have the same value as paper used to create currency. Counterfeiting Minted Metals will always be an issue and already is.

@fifteenbyfive Год назад

Peter would be right about silver for its solar use alone, except that as solar demand continues to grow, mining silver will of course grow with it. If supply keeps up, it'll behave much like copper has behaved since the advent of the electrical circuit. A sleepy boring "investment" even though it's critically important.

@nocturnal1970 Год назад

New tech could make silver unnecessary in solar panels and solar energy use alone is also highly speculative.

@jaywhoisit4863 Год назад

Solar doesn’t require silver. Copper alloys are being used in the Netherlands. In a few years silver will not be used in any solar applications.

@fifteenbyfive Год назад

@@jaywhoisit4863 Source please

@rokkralj9786 Год назад

@@fifteenbyfive Silver is used in solar right now because it is relatively cheap. If silver goes 10x in price (it won't), it will get replaced with an alternative metal / technology. This is how markets work.

@fifteenbyfive Год назад

@@rokkralj9786 Yeah better tell the popular youtube content creators that. They're selling out of both ends, metals and mines, mines and metals.

@KevinKilgorepage Год назад

been hearing 300 , 10x in silver for years and it almost made 30 ...

@authorpatrickalain Год назад

David Lin is a real gentleman

@nocturnal1970 Год назад

Agreed, personally I'd have told this guy he was full of 💩

@DBEdwards Год назад

I believe Peter Krauth. 100%!

@bradmoberly6164 Год назад

If it hit 49 in 1980 and 2011 at some point all these banks that are buying large amount of gold and silver. Will stop suppressing the price and open the flood gates . 50$ in 1980 was alot of money. Common sense says it must hit at least something equivalent to that 50 mark. Only strong hands will prevail. Silver and gold are not in a bubble like other investments. It's the best place to be also platinum and palladium.

@robertwalker5521 Год назад

Platinum has several negatives.

@AbbeyRoad69147 Год назад

Silver will be below $30 for years. Only the Bullion Dealers say otherwise: and they never hold the stuff they push.

@mothballjim Год назад

Great video

@richrangerrich Год назад

Great content and information........Loved the discussion/interview.....

@SgtMantis Год назад

"hmm, silver seller calls 300 dollar silver, this should be something I can play while eating breakfast and ignoring most of it"

@hotstix7014 Год назад

I agree I’m getting so sick of hearing these numbers after stacking for so long I’ll probably be dead before it ever gets to even 50 if it ever does

@Flowing_Waters Год назад

@@hotstix7014 sell now and pump something else like maybe bitcoin?

@mproctor12 Год назад

These guys never stop

@aatellcom9035 Год назад

David is amazing 🤩

@colemant6845 Год назад

The Gold /Silver Ratio... MEANS NOTHING. No Data (except Historical... which is worthless) supports the need for a "Gold/Silver" ratio returning to historical levels. Silver might climb MUCH higher... BUT WILL HAVE NOTHING TO DO WITH THE Gold/Silver Ratio. Just plain DUMB.

@stever.7658 Год назад

Should we have hyperinflation follwed by a collapse of the dollar it wont take 7 to 10 years to see $10k gold or $300 silver.

@stefengullicksen314 Год назад

at a minimum . . .

@darkstar-singularity Год назад

@@stefengullicksen314 Yes, the dollars would be worth pennies and silver would have infinite price to dollars.

@VedDilburna Год назад

Damn, guy was young when silver peaked and never came back to life...

@samyguindy8490 Год назад

We'll all be dead by the time silver gets the 30

@jimmytokesalot2595 Год назад

LOL he probably bought the peak and holding bags. I guess if everyone starts buying in HIS expert advice /s

@drip369 Год назад

Been buying for years

@robwulz3493 7 дней назад

Silver in phones , cars and solar is a small component of the cost of production . Even if it tripled , it would only be a few bucks per unit , the cost would be passed on . So if a fone cost $20 more , I doubt anyone would notice .