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I don't know. I only know it will get to $50. I know it will get to $100. It will probably get to $200. I don't know how long they will keep that from happening though...
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@LeilaniClaire The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
BRICS seeks to create a new currency, considering gold's historical role as a store of value and medium of exchange. However, the functionality and acceptance of a gold-backed currency in the current global financial system are uncertain. Creating a new currency requires careful consideration of economic, political, and logistical factors.
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
Buying silver is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
Annette Christine Conte is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
@@prolific1518 Treasures with interest rates at 5% or 4.5 % are fake... EXAMPLE: inflation is not 3% as we are told. Inflation went up aproximately 25% to 35% in the last 2 years, Prices did not go down to the extent we are told 3.5% inflation rate. the previous inflation is not going to be reduced it is fixed and will go higher. Think inflation total for the coming 2 years, plus 25% to 35% for the last 2 years. What do you say inflation will be if interest rates are reduced by the FED. ?? 10% for a total of the lie 3.5% and 10% for the year for two years each EACH YEAR we are looking at approx. 30% past 2 years plus 13% for two years coming (mostly likely more) that is a 40% increase in prices called inflation???? for 4 years WTF..... Reality sounds like a crazy man does it not. You can call me crazy I will not mind it at all, however, I have one thing to respond: THE TRUTH WILL ALWAYS BE WITH US WEATHER WE CAN HAVE TRUE REPORTING OR NOT. I BELIEVE THE NUMBERS ABOVE ARE MORE REALITY THEN WHAT THE REPORTING WE ARE RECEIVING. COVER YOU SELF WITH A HEDGE, LIKE REAL ASSETS....NOT SOME INVESTMENT EXPOSED TO 3RD PARTY RISK IN PAPER CURRENCY. Think like your financial life depends on it, as it does with the trillions of debt we all face, with more deficits appearing to be coming, as no budget is adhered to. Time will tell us the truth in a practical way.
🤣James McDonald you must be kidding. $300. Silver? I wish him well but, I'd bet Jim will be in heaven by then. David, did you not see silver price today, we are not back above thirty and had a huge down day to close at 27.98, and looks like it's headed lower. Reached 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
Woah for real? I'm so excited. Sonia Campbell strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started...
Sonia Campbell was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Sonia campbell.
Sonia Campbell concept is key in beating all odds to excel in this form of online commodity. Her management team is quite impressive so far! With SUK made a profit of over 28,863 dollar
They really have, and it gets annoyingly repetitive. One thing to mention, though, is that the writing has been on the wall for hyperinflation and a devalued dollar for a long time, but they've done a pretty decent job of keeping it propped up as long as possible, which has kept precious metals relatively low. The national debt etc. is spiralling, so when it does finally blow, it will be a big crash, most likely. Silver and Gold will be the safe haven assets when this happens, but no one knows when it will happen. Precious metals are a long game. I stack thinking in terms of my kids and grandkids, and I'm only 30. I'm not stacking for my personal gain, but for the future stability of my offspring.
Don't know about that by law banks and these guys can leverage 10 x .but when have they ever went by the law ?when they get caught they pay a fine without admitting or denying guilt and it goes away
David, did you not see silver price today, we are not back above thirty and had a huge down day to close at 27.98, and looks like it's headed lower. Gold and silver should have reached over $3000 and $50 a long time ago. It's obvious it's being manipulated and held down.
You honestly believe that or is that a story you tell your wife to explain all the money you lose not investing in the S&P and all of the other sectors that went up and not manipulated apparently. I think silver and gold investors who think that the sector is manipulated and not just a shit investment just have low IQ and mental disabilities.
@@TheMostSlyFox Watch Ed Steer videos. It is the 8 bullion banks that set the price every day. They do so to short the contracts. With thousands of contracts per day, each day they can drop the silver price 1 dollar earns them $200 million. They are just plain evil. The word is that they are panicking because of silver shortage and global demand. The 4 big banks sent their CEOs to Shanghai earlier this year to ostensibly cut deals with the Chinese who are driving the price up. India as well. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-RWic5FZmnKE.html Hopefully this will explain it.
Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. By studying time cycles and time periods you will learn why market tops and bottoms are found at certain times, and why resistance levels are so strong at certain times, and prices hold around them. The most gain is made when fast moves and extreme fluctuations occur at the end of major cycles.... I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.
Sandy Barclays’s understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. Her siignals are top notch..
@@TheMostSlyFox technicals show the next support at $24…am hoping it doesn’t go lower than that. I’ve been ready for that mythical $50 silver for a long time 😕
Considering how volatile the stock market is right now, I think investors would be better off focussing on lesser-known stocks. My $270k portfolio has 35% invested in equities that have dropped dramatically from their high status. I feel overwhelmed by the situation and don't know how to move forward.
I think the safest way to handle it is to diversify your investments. They can lessen the effects of a market collapse by distributing their investments over a variety of asset types, such as bonds, real estate, and foreign equities. It's crucial to look for professional advice.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
How do I get involved in this? I'm excited to take part since I truly want to build a stable financial future. Who is the main inspiration behind your achievements?
My theory as to why the gold/silver ratio is so high now is because silver was demonetized back in the 60s and 70s, but not gold. Gold's price still has a large monetary premium. But silver sells for essentially its industrial use price. That's actually a bonus for silver. You can buy it at a discount, knowing that demonetization won't affect the price. And if it's monetized again (not likely, but possible) then the price will go ballistic. But even without a monetary premium, silver is still an essential, irreplaceable metal, and it's not going away.
silver has been one of the worst investments over the last 10 years. You could've bought just about anything ten years ago and five times your money. Remember when Meta was under 20? I bought some silver under 20 instead of Meta and I"m not even up 50%. Wow! what a joke
@@Mauitaoist how exactly should I be looking at it? it's certainly not an inflation hedge. it's not a store of value. Still more than 40% below it's all time high of more than 40 years ago. Name one asset that's down more than 40% from 40 years ago. And even if and when it finally does spike up, it'll spike right back down again quicker than it spiked up. Never holds any gains. Should I buy more when it goes back down to $10 an ounce? Load the boat if you think it's so great.
This video must be more than 4 days old because we have been at $30 silver for over 2 weeks. Current price is around $28.50. We may have bottomed at $27.52 but some think silver can drop to $26.00 area before reaching back over $30
We know silver is scarce, has significant industrial applications, demand is high, and it's manipulated by JPM. The best thing it has going for it is the gold ratio, but every time it gets to 30+ JPM beats it down hard no matter what gold is doing.
I started working for Northrop aerospace in 1974... I was buying gold at $140. oz 1 a month but due life I was never able to hang on to it 1990 it was 240 oz i was buying again then major illness hit had to spend it so now buying silver again.
CEO of a silver exploration company hoping to pump and dump his stock. He's looking for an M&A buyer so up the spot price optimism to cocaine levels. LOL
Buying stocks might seem easy, but picking the right one without a solid plan is tough. I've been trying to grow my $100k portfolio, but the tricky part is not having clear plans for when to buy and sell. Any tips on this would really help.
So, if prices skyrocket and everyone wants to sell, what dealers will have enough liquid capital to buy it. It doesn't matter what the price is if you can not find a dealer to buy it back. Don't expect the governments to buy it because they already have a stockpile of silver and gold. This same message came out five years ago and prices tanked. Do dealers want to pay big money for silver if it could tank again and they get stuck with high priced silver they can't unload without a huge loss? NOPE
The silver paper shorts on the silver exchanges will always put the stops on Silver moving higher. Untill these paper shorts are forced to settle in bullion silver will lanquish;!!
So many so called experts on the tube have prices all over the place. Why don't you all get together and stay on point. One said 800 i heard 12 thousand. It's turning into crazy talk.
This is completely silly. $50 silver in the near future? These stackers have been saying that for 12 years. And bitcoin has replaced it as an alternative monetary demand. Most stackers have lost tons of money in the last decade.
People with silver to sell will tell you that the ratio to gold was once 1 to 16 or whatever, back in the day, instead of 1 to 85 as it is now. This is true, but also highly deceptive. Back then govs bought gold to back their paper money and silver to create coinage. Now, if they buy gold at all, govs buy gold to back their money, but it is highly unlikely any gov will every use silver for coinage again. Making the old 1 to 16 ratio completely meaningless.
Gold is a luxury. Silver is a neccesity that is consumed keeping its inventory low. Its obvious rhat both are heavily manipulated by huge futures contracts being opened at lower prices, AT A LOSS. Or very risky short positions almost certain to be losers. This implies those contract writers have infinite dollars at their disposal which means, you-know-who is financing the price suppression.
Ok i'm gonna be honest with u: many smart ass people are saying 300 or 500 Silver for many years and yet we are struggling to even get it above 30 bucks, i'm a trader for a decade now and i 've never see Silver stabilizing itself above 30 or even 28 bucks so, i mean unless u can prove me otherwise don't predict such stuff
If there really is a deficit in Silver then it will only take one shot at the marginal ounce and the market will go taut and THEN it will move regardless of what paper does. How close we are to that is hard to say but when it gets close the price WILL start to move regardless.
Come on David how can you sit there and listen to this guy tell you that silver is keeping up with inflation I'm a silver investor for speculation but there is no way in heck that silver has kept up with inflation gold has done a pretty good job but still doesn't keep up with inflation
Miners are making money at todays Silver price now so I doubt it will get squeezed up to much higher unless We have More stackers and not enough supply... We still have Millions if not billions sitting on the sidelines somewhere . Just ask JPM ...
Strong? Like great? Like you want to make America great? Do you think it was great before? Like you want to make America great again? Sounds familiar...
Stop with the pipedreams...please. Industry will never let Silver reach it's true worth, no matter what system is in place. Gullible people are listening.
THE US NATIONAL DEBT WILL NEVER BE PAID OFF! Every year for the rest of your life, part of your Federal tax bill will be spent to pay the annual interest payment on the National Debt. This debt occurs, in any given year, when Congress spends more money than they receive in taxes. Every year Congress only pays the “interest” on the National Debt. Congress does not pay for the money they borrow, Congress only pays the interest on the money they borrow. The total amount of money Congress has borrowed and not paid back is the National Debt. Presently it stands at $35 trillion dollars. So how can Congress never pay back the money they borrow? Because they make the rules on how to pay back money they borrow. An example: Suppose by July 2023 Congress has spent all the tax money the nation has sent in for taxes for 2023. Suppose an Interstate Bridge bridge falls down in Baltimore, Maryland in August 2023. Suppose a new bridge costs $5 billion dollars. Congress has no tax money, they already have spent all of it by July 2023. So they borrow the money. Congress tells the Treasury Dept: get me $5 billion dollars. The Treasury has an auction and does all the paperwork and lines up the lenders to provide them with $5 billion dollars. The terms are as follows: the Treasury will pay the lenders 5% interest on the $5 billion borrowed every year for 30 years. On the last day of the contract, the Treasury will return the original $5 billion. The bridge gets built. Hopefully nothing else will go wrong for the rest of the year or years, like a major Hurricane, or a major earthquake in CA, or a major military escalation in another part of the world, or any major repairs to any infrastructure critical to the nation, or another major epidemic, or an “out of nowhere” terrorist attack, or a recession or depression, etc. 30 years go by and it is the last day of the contract. Congress needs $5 billion to meet the final payment. Problem: Congress does not have $5 billion to pay the lenders. So the Treasury conducts auction (number two) to raise $5 billion, but this time the lenders want 6% interest. Both lenders and the Treasury agree. Same rules as before except the interest rate is now 6% vice 5%. The Treasury receives the $5 billion and pays off the $5 billion from the original auction. The Treasury will still need to pay $5 billion at the end of the next 30 year period. Congress only pays the yearly interest payment every year for 30 years and the process is repeated again. Bottom line: Congress never pays off the original loan. Congress only pays the interest on the loan. Congress basically uses an “interest only” credit card every time they borrow money. The original $5 billion loan is never paid off and is just added to the National Debt, which grows larger every year. The only time the US was completely debt-free was in January 1835, during the presidency of Andrew Jackson. Because of all the loans not paid off, America has now accumulated a National Debt of $35 trillion dollars. In 2024, Congress and the President authorized another $1.9 trillion dollars to be added to the National Debt. It does not matter whether a Republican or a Democrat is elected President - the American taxpayer will pay $1 trillion dollars in interest on the National Debt in 2026. Bottom line: The only practical way to decrease the National debt is for Congress to spend less than it receives in taxes. The extra money is used to pay off part of the debt. Do you think Congress, the President, and the American people can form a consensus to accomplish this objective?
