The problem we have today is the water hasn't been found and the crop for coconuts is diminishing.

@Matt-tt2br

Жыл бұрын

Love it!! Lol

Currently, in Venezuela, 1oz of Silver buys them 38 days of nutritious food, for 5 people.

Keith Neumeyer of First Majestic Silver says that silver is coming out of the ground at a rate of 8 ounces for every 1 ounce of gold.

This logic assumes silver is not manipulated.

@N20Joe

3 жыл бұрын

The logic is that silver has always been manipulated. Todays manipulation is just in the opposite direction.

@lenich89

3 жыл бұрын

Bingo. A faulty assumption, imho.

@bradvincent2586

3 жыл бұрын

No it doesn’t assume that. It could be manipulated, but maybe gold is manipulated too, and the ratios are still correct. I’m not saying my argument is true, but it absolutely gives a counter example to your comment

@americanmutt5426

3 жыл бұрын

We just witnessed silver being manipulated. It's simply not possible to package, ship,delivered, count and put millions of ounces of silver into the system within 24 hours. And this is what JP Morgan and the comex did in order to keep the paper silver prices down.

@efrentroncoso6471

3 жыл бұрын

For now

If we were to divide up all the above ground gold at this current moment each person on the entire planet would get about 3/4 of one ounce. There's just not enough to go around. Silver is much more rare and it is consumed in over 2000 different products. Silver is the money of gentleman and it always will be. Just my thoughts.

@ponzo1967

3 жыл бұрын

Solar panels and electric cars to name a couple emerging markets. Most can not be recycled at today's prices.

@artsmith103

3 жыл бұрын

On that note, I always suggest beginners work towards their 1st ounce of gold and similar value of small pieces of silver.

@bradvincent2586

3 жыл бұрын

Iron is used in many materials. That doesn’t mean the price is spiking. Also, if gold wouldn’t work, how would silver work? By your own admission it’s even more rare

@ponzo1967

3 жыл бұрын

@@bradvincent2586 when someone needs Physical silver, not a paper promise, and there's a low supply guess what happens. They buy it!.. but only if they out bid others needing the same thing or they go without.

@artsmith103

3 жыл бұрын

@@ponzo1967 I don't know about electric cars, but a typical modest residential solar array uses 12-15oz of silver.

I discovered you about a month ago and am loving the way you break down these concepts and explain things in very simple easy to understand examples.

@HeresyFinancial

3 жыл бұрын

Thank you!

The metals are money, the rest are digital illusions of wealth in a Nintendo banking system

@ponzo1967

3 жыл бұрын

Crypto is eating the legacy system. Technology always wins in the end.

@laiegrl93

3 жыл бұрын

yup.pretendo banking system

@darrenbetts2987

3 жыл бұрын

@@ponzo1967 technologies can be lost or forgotten.

@ponzo1967

3 жыл бұрын

@@darrenbetts2987 not before it has its moment. Web 3 will be here without most seeing it coming just like generations one and two.

@krystalmajamay1939

3 жыл бұрын

@@ponzo1967 technology cannot exist without silver. 🤷🏽‍♀️ so I guess win win

Who are you trying to con, what your saying, you could do with silver especially if the price went up, it's used in medical applications and so many other things, it's rarer than gold, because it's used up more, silver is the most undervalued asset on the face of this earth, you really need to do more research sorry.

Hey Joe, another diminishing supply theory for Silver is that it's been used so much in making electronics and whatnot, but not being recycled back. All that silver used is just gone into trash, not returning to supply. It's ever diminishing. Gold however has mostly been recyclable and available. Its not worth it to fetch all the Silver out of all the electronics is was used in. Maybe one day.....

I think you're answering yourself and the video without noticing it but right now the silver price is not determined by the free market. it's determined by special interests… so we need to ignore the current silver to gold ratio, according to you.

Joe, honestly (putting the foil hat aside) I believe a lot of people are looking into Many things in regards to silver...how many ounces have been dumped on the paper market the last 3 record days? This is getting Crazy!

Silver has way more industrial utility than gold that's why I only own the silver 👌

@SCzxjk

3 жыл бұрын

Could price have anything to do with it??

@gopherlee9427

3 жыл бұрын

@@SCzxjk lol

@truckerj8717

2 жыл бұрын

I've stacked only silver coins, silver currency, silverware & bars. The bars for the silver content, coins/currency for trading or whatever I might need to trade or sell it for emergencies if things get really bad. I bought out 5 coins dealers last year so I'm just kicking back and watching society to finally catch up & watching them spend way way too much for commodities. A little too late but they have to start somewhere. Eventually they'll realize that it's going to take them years to get what they've spend back to breaking even.... lol..... I seen this B.S. coming a mile away so I stocked up before the inflation kicked in....

I've been stacking silver for about ten years now, and I've always seen the GSR argument as less compelling (for the exact reasons outlined in this video) than the tightening stock to flow ratio. I just like silver and see a higher silver price as necessary for further technological development that is clearly inevitable. Edit: lost everything in a tragic boating accident.

@Vention1MGTOW

3 жыл бұрын

What has that accomplished for you? It's long past time to wakeup and start adding bitcoin to your stack. I stopped stacking silver in 2016 and shoved my silver stacking budget over to bitcoin. I still have my silver. It's gone nowhere but my bitcoin made me a millionaire. The trend will continue. You're harming yourself by ignoring this.

@Saint696Anger

3 жыл бұрын

@@Vention1MGTOW Yes it can make money I don't think anyone is disagreeing with what bit coin can do we are talking about a different subject lol but keep it up, the only way bitcoin gains traction is by word of mouth...

@lenich89

3 жыл бұрын

@@Saint696Anger Kind of like a pyramid scheme...

@Saint696Anger

3 жыл бұрын

@@lenich89 yep

@olejakobaune8033

3 жыл бұрын

(for anyone interested) Silver is by far the best metal to conduct electricity, 0,105 ohm compared to copper 0,185 ohm and gold 0,3.. Gold however is the most stable atom and likely has properties yet to be discovered.

Article I Section 10: No State shall coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of debts. 371.25 grains of pure silver = one REAL Dollar.

@JinKee

3 жыл бұрын

"Just buy a shotgun" - Joe Biden

@N20Joe

3 жыл бұрын

@@JinKee When did they repeal that section? Oh right it just got tossed in the trash like the entire Bill of Rights.

Love ur vids man. Thanks as always!

I’ve actually wondered about this for a while. Thanks for sharing

I consider flipping my silver flipping to Gold once the ratio comes close to 20:1

@user-kz1yh7ei1b

3 жыл бұрын

Heresy's account officer is currently handling my crypto and it's making me huge profits turning my 2 BTC into 4BTC in 9days and making me $400,000 weekly by putting $50,000 indeed I'm amazed..

@user-kz1yh7ei1b

3 жыл бұрын

+1...5...8...0....9...5...2..4...2..5...7 W'sapp

According to the CRC tables, the ratio of silver to gold available in the Earth's crust is 18.75.

@trevortaylor3773

3 жыл бұрын

the above ground ratio is about 10 to 1

@artsmith103

3 жыл бұрын

Mining doesn't work that way. Gold is usually pretty concentrated to focus on for mining. Silver less concentrated so not so easy to mine. Often byproduct of base metal mining.

The UK gold sovereign is a coin that was created to be equivalent in value to the pound sterling. The silver gold ratio indicated is about 48 : 1. This was maintained for almost 100 years from 1817 to the First World War.

This guy is missing a lot ... one key point is that silver has technological uses as well... and if the dollar is devalued, and God forbid the lights go out ... physical metals could be the only useful currency

@paladinyyz6868

3 жыл бұрын

I wasa hinting at that with my comment above. If "the lights go out"...silver would be priced at what the industry pays for it which is... 10% above the cost to get it out of the ground?? aka its REAL VALUE

@willwatts5507

3 жыл бұрын

@@paladinyyz6868 yeah that is a good point. But the devaluation of the dollar is the big thing. If it collapses, silver and gold sky rocket to numbers folks can’t imagine

My first time to view one of your videos. Well done. The information was valuable and your presentation of it was superb.

You do an excellent job of articulating and explaining economics.

Silver became low in demand due to being supplanted by fiat currency. If fiat currency crashes in value, then silver will become useful, and in demand again.

@well.thy.one.

3 жыл бұрын

@Adrick Kendall wrong channel? Idiot

Good timing! Thanks!

@user-kz1yh7ei1b

3 жыл бұрын

Heresy's account officer is currently handling my crypto and it's making me huge profits turning my 2 BTC into 4BTC in 9days and making me $400,000 weekly by putting $50,000 indeed I'm amazed..

@user-kz1yh7ei1b

3 жыл бұрын

+1...5...8...0....9...5...2...4...2..5..7 W'sapp

Joe, you make some VERY GOOD points. I would like to mention a couple of issues that I believe make silver largely underpriced still. Of course, these issues are all fairly debated, with room for different opinions, since the current market system is poorly regulated, NEVER truly AUDITED, and opaque at best, and the prices of both gold and silver have been severely manipulated downward by bullion bankers and financial elites who literally despise the middle class, the US Constitution, Freedom of Speech, Free Markets, the idea of government By and For the People - stuff like that. Anyway, my points: 1) silver is now being mined at a ratio of around 8 or 9 ounces per ounce of gold - historically a very low proportion. 2) unlike gold, ~40% of all new silver that is mined is *consumed* into products that make it either impossible to recycle (e.g., medical products) or very costly to recycle (e.g., electronic circuitry). 3) because of the downward price manipulations, the exploration and development required to continue current production levels from mines is significantly behind previous industrial cycles (it’s literally an approx. 30-year cycle of prices rising for long enough to encourage the expl. & dev. needed to maintain a given level of consumption. 4) this status of coming from behind in the current cycle comes at the same time that governments and manufacturers are gearing up for increased production of solar panels and EV’s. (EV’s use about a 2x factor of silver compared to conventional.) 5) with 800,000 people per week across Africa and Asia moving out of subsistence farming villages and nearer to the cities, and working jobs, the number of electronic devices is going to remain on the rise for a long time. 6) on the other hand, we do get better every year at reducing the size of electronic control circuits and applying thinner coatings on solar panels, etc.

What do you think about physical silver being used as a currency in the near future? This could happen in the case of inflation run amok. Or if they roll out a central bank digital currency, silver could be a great way to do transactions without being tracked.

I've learned quite a bit watching this channel 💰

Mining at the time is currently at 8-1. Silver is the most undervalued asset on the planet. Silver has MANY more uses than Gold as an industrial commodity. I’m thinking you must work for J.P.Morgan

@user-kz1yh7ei1b

3 жыл бұрын

Heresy's account officer is currently handling my crypto and it's making me huge profits turning my 2 BTC into 4BTC in 9days and making me $400,000 weekly by putting $50,000 indeed I'm amazed..

@user-kz1yh7ei1b

3 жыл бұрын

+1...5...8...0....9...5...2...4...2..5..7 W'sapp

@catfeline1530

3 жыл бұрын

JP Morgan would profit from silver price rise tho

@ryanodonnell4184

Жыл бұрын

Yea, but silver is crazy abundant and they can just increase mining production which would quickly increase supply and drive the price back down. thats what im worried about. There are a lot of new silver mining companies getting ready to fill the industrial demand.

If you wanted to obtain more gold, would you buy it straight out OR trade some silver for it? If you would, please detail at what point (ratio, price etc) would you trade?

Great explanation!

Get explanation. Awesome vids man... Thanks for your time you put into the videos.

Looking at an online dealers price, here in the UK, for 1oz of each the physical purchasing ratio is about 1 to 52. That’s including premiums on both and not including VAT @20% obviously. Edit: That’s dealers price. Private sales here make it a much lower ratio right now. Private sales are a ratio of around 1 to 33-40 on average. Paper spot prices are way off.

Are you serious suggesting that a new element has been developed that can replace silver? The ratio will go to 1:1 if human society continues to have high technology. Get ready for $1,000 Silver

"Glint", "Kinesis" Where you can spend your gold with a debit card LOL. Just signed up for both.

Clicked like before hearing. Your call on GBTC was right. Though will go up long term without the excess premium to BTC.

Ancient Egyptian’s had it to a one to one ratio where it should be.

@mikuPS3

3 жыл бұрын

In earth its 18:1, however we extract 9:1 so it is fair to assume we may land somewhere in the middle which should be around 14:1

@kanamcd8265

3 жыл бұрын

I think all of us would love to see it at a natural rating versus being manipulated at or about 70 :1

@ProfessorFickle

3 жыл бұрын

@@kanamcd8265 : What do you think about platinum to Gold Ratio?🙃🙃🙃🙃

The Perth Mint says weak demand is causing job cuts, even though gold prices are high. Can you explain why demand might be weak despite the high price? Are there other factors besides gold price that could be affecting the Perth Mint's business?

Awesome video!

What are the key take always here. This subject of bent bankers controlling the SIV SIL contract pretty much hammered. Know it’s 200 times oversold to physical , paper to physical

Thanks for this

My confidence took a little hit Joe... I don't know what to think anymore, some pros say one thing & others another thing, I have heard everything from silver going nowhere to more than gold & everything in between... Only 1 thing is for sure, Wallstreet...

@huemann7637

3 жыл бұрын

Silver will never be worth more than gold. I love silver but gold has been revered by civilizations for millennia. I mean, just look at it. 👀

@UltimatePowa

3 жыл бұрын

@@huemann7637 neither will rhodium, sucks I got a ring back in the day made out of the stuff rather than gold, cause now its worth hardly anything! Oh wait...

@N20Joe

3 жыл бұрын

He didn't make any predictions on where the price will go, he's just saying that the GSR may be a flawed indicator.

The market price of silver was about 16:1 which was why the government chose that ratio. Also, the amount of silver to gold mined is about 8:1, which is very bullish for silver. As for digital banking, silver and gold can still be held at the bank with accounts drawn on these metals using bank cards.

Now add the Fiat printing from thin air from EVERY country from around the world vs the relationship to the fiat exchange rate to Silver price

You know, I can appreciate this. Silver is the Dark Horse play. It is. It's wisdom to know that. I can't see silver being worth more than the 15 ratio. I.e. that's the top. So buy it yes, gold... Buy it ...yes. NEVER SELL for anything but house, car, medical emergency.

Insightful. Thanks

@user-kz1yh7ei1b

3 жыл бұрын

Heresy's account officer is currently handling my crypto and it's making me huge profits turning my 2 BTC into 4BTC in 9days and making me $400,000 weekly by putting $50,000 indeed I'm amazed..

@user-kz1yh7ei1b

3 жыл бұрын

+1...5...8...0....9...5...2..4...2..5...7 W'sapp

Good point, which brings us to the next point: "Is gold still relevant at all in times of crypto?" Since the same thing that made silver irrelevant, perhaps make gold irrelevant. The monetary irrelevance of silver still hinges on the integrity of the gold warehouse book keeper of the digital ledger. If the warehouse is cheating, silver would become relevant again.

Great research, Joe.

@user-kz1yh7ei1b

3 жыл бұрын

Heresy's account officer is currently handling my crypto and it's making me huge profits turning my 2 BTC into 4BTC in 9days and making me $400,000 weekly by putting $50,000 indeed I'm amazed..

@user-kz1yh7ei1b

3 жыл бұрын

+1...5...8...0....9...5...2..4...2..5...7 W'sapp

I think that you are completely discounting consumption. Gold has always had a price high enough that it made sense to recycle the little bit that is used in industry. However silver is consumed and the price has been held down long enough that new deposits are not economic to develop and the small amounts that are used in industry are not economic to recycle. Thus a huge distortion. There is far more gold on the surface of the planet then there is silver investment grade. And like someone else mentioned below. The vast quantity of paper silver that has been dumped on the market (billions of ounces) in the last few days is highly indicative of shit hitting the fan and people trying to cover their tracks.

Personally, I use Lyn Alden's gauge to determine the fair value of gold: comparing the development of the amount of M2 money stock per capita to the development of the price of gold (as the amount of gold per capita is relatively stable at around 1 oz per person on earth), indexed at 1995. To determine the fair value of silver I then divide the fair value of gold by the 20-year average gold-to-silver ratio. That average is indeed rising slowly, but when you use a certain margin of safety it can be traded well.

Would you give your opinion and insight about whether we should as a nation bail out the state of Illinois?

@fedcoin1602

3 жыл бұрын

Let’s me guess you are in Illinois and the tree choices are 1) Illinois cuts spending 2) Illinois increases taxes 3) if some other fools to steal money from And you like the idea of #3 because it is the most pleasant for you and you are doing mental backflips trying to rationalize it.

Yes but silver has a lot more utility. Silver has industrials use as well!

Could you bring up 50 year Barron’s gold mining index and have a discussions?

You remind me of my econ buddies who I would cram with 2 hours before a midterm.

Good thinking.

I love what you do bro

I’m LEARNING HERE!!!!

@user-kz1yh7ei1b

3 жыл бұрын

Heresy's account officer is currently handling my crypto and it's making me huge profits turning my 2 BTC into 4BTC in 9days and making me $400,000 weekly by putting $50,000 indeed I'm amazed..

@user-kz1yh7ei1b

3 жыл бұрын

+1...5...8...0....9...5...2...4...2..5..7 W'sapp

That point was fire 🔥

Today I am seeing a ratio 83 to 1 and I’m seeing a really surprisingly good deal for a quarter ounce gold Britannia 2023 for the price of $497 at SDB

Oz of silver cost the same as a pizza

If we only buy , demand ,and use gold and silver on a daily basis, there's was no way they can keep manipulate gold and silver.

After silver was demonitized and the industrial revolution started. The gold to silver ratio spent a good period of time at 1:55.

According to the USGS there are 1,740,000 tons of silver deposits identified in the world , there are 187,000 tons of gold deposits identified in the world, (less than a 10-1 ratio). The comment in this video that we keep finding new deposits of silver and the implication that we don't keep finding gold is flat out wrong, the long term gold to silver ratio still generally holds with regards to identified deposits, and the mining ratio remains around 8 to 1. Furthermore there was an implication that the gold silver ratio has been slowly growing over time. That also is flat out wrong. The gold silver ration has generally been around 15 for over 5000 years. Admittedly much of that was legally pegged, however the argument that the legal peg in the coconut/fish example portrayed is incorrect because there would have been all types of arbitrage going on between various countries that would keep the value largely within the range of the mined ore. The gold to silver ratio only started to differ drastically from it's long term value of 15-20 around 1900 exacerbated by the Weimar Republic going into hyperinflation. Lastly, silver is considerably more difficult to process than gold as it is often encapsulated in silver chloride or silver sulfide and must go through considerable work to convert it into pure silver If it's not obvious, I believe we will see a return to a ratio in the neighborhood of 20 to 1 if we see an extreme inflationary scenario (likely).

so Joe from what You have said all we need is amazon fractional reserve bank infinite number of dollars or some crypto garbage and we can let the fed continue on, Gold/silver is just another flash from the past

@user-kz1yh7ei1b

3 жыл бұрын

Heresy's account officer is currently handling my crypto and it's making me huge profits turning my 2 BTC into 4BTC in 9days and making me $400,000 weekly by putting $50,000 indeed I'm amazed..

@user-kz1yh7ei1b

3 жыл бұрын

+1...5...8...0....9...5...2..4...2..5...7 W'sapp

Your premise is correct as long as you continue within the digital banking route. One reason people love silver to to have actual money in their grasp, and that precludes having digital records that can be monitored, manipulated or zero'd out due to some third party and their whims. I don't really care about the GSR, I just want some real money as back up for when the current crop of 'leaders' make their inevitable hash of our system and we need to begin again.

Coconut water is a diuretic and would cause dehydration if it's the sole source of fluids

Is it a sensible strategy to figure out the cost of silver (or gold) to pull out of the ground and then factor in some type of mark up that could represent a manufacturers cost? Meaning...if it only cost 8 dollars an ounce to pull the stuff out of the ground....what makes anybody think that it could realistically be worth more than...$15 to a manufacturer i.e. ..the real price of the metal

After watching this episode it means that gold is also undervalued by a lot. In 1915 1oz of silver would be worth $304 a oz not including the trillions that were recently printed.

@jacobklassen113

2 жыл бұрын

?

Your model is incomplete with the fish and coconuts. Their are two more people, one is the the enforcer and the other makes paper coconuts and fish. The paper master had printed papers saying he owns all coconuts and fish for the next 1000 years. Then a few common folks try to hoard 2 of the 5 available coconuts but the paper master gets upset so he sells millions of paper coconuts to crush the price. The common folks then hide another coconut. Th paper master gets mad and sends his friend the enforcer to drown a few people. The end.

I look at the 3 way ratio, Bitcoin to Gold to Silver.. Its kind of obvious both metals are losing monetary premium relative to btc and silver will likely lose all of it's monetary premium in our lifetime.

@frankbehnke6062

3 жыл бұрын

Yeah it's for the reason that we are in the Great Tribulation, and at some point the Mark of The Beast will come, Gold, Silver, and Bitcoin that you mentioned will All be Worthless at that point, as you will not be able to buy nor sell anything nor receive medical help, without that raid chip implant. " They will cast their gold and silver into the streets. "

There is more industrial use cases for silver then gold especially with EVs. Supply and demand. Personally I'm still buying silver over gold

Some states charge sales tax on metals. Is there a way around that?

@foreman_spike

Жыл бұрын

Drive to another state and buy it lol

There are currently about 166.606 tonnes of above-ground gold stockpiles, this is enough to cover about 43 years of demand. Silver only has enough above-ground stockpiles to cover demand for just over two months.

Well things will change in how we're using silver in the next 3 months to 3 years. In my line of work Renewal energy mostly solar panels, silver is one of the main components to collect energy. Nonetheless, if your only investing in gold and silver, my opinion is also look at other assets to own.

But what about technology impacts of the future? I wonder how much of an impact this will have. Seems silver might have a more promising future from an industrial standpoint than gold? Not sure if this has ever been the case so much looking back. Just a thought.

I'll trade you 75 IOU coconuts with these pieces of paper for 1 fish?

Fact is, it has been so long since commodities have gone up, there are very few investors alive who know what the situation looks like when they do go up. And that is, they don't need a rationale to go up, just that they are in limited supply. As opposed to paper currency, which has no limits on its supply.

if I went bold id be depressed

@VersesAGI420

3 жыл бұрын

Unnecessary lol

Love your channel, but you failed to mention that silver is needed for every electronic phones, computers, electric car batteries, solor panels etc. we are headed into the fourth industrial revolution.... they are going to need a LOT of silver for the drones/robots/ etc

Goldback notes do exactly what you are talking about.

There is at least one possibility in which silver can eclipse gold in value for a ratio of 1:1 or even better. Gold and fiat based financial assets are already heavily held and controlled by banks and governments. These entities have very little silver and crypto exposure. Any commodity can be monetized or demonetized. The people at large can strategically seize power from the banks and government simply by adopting silver and crypto as money while simultaneously rejecting gold and fiat. The people at large are responsible for assigning value to money because they are the ones who use it most. If people willfully reject fiat and gold, then these assets that previously had value will become useless or at least much less valuable. Silver and crypto are the peoples money. Also, the argument on why silver is no longer needed as a result of digital banking is solid. But another important factor is who already possesses each metal. For example, Canada sold off all their gold, so if they were to adopt a gold based currency they would be poor. They would be better off adopting silver because it is easier to build reserves. All their digital accounting would apply to silver. Then all countries could either demand gold or silver for payments to create a system of checks and balances to enable better self regulation of international trade as well as their own reserves. A country with too much silver could demand gold in exchange for exports and decide to only pay in silver for imports. This will enable them to manage their own reserves. Otherwise a monometal global economy would mean those with the most metal will hold all the financial power. The second metal enables other countries to ‘demonetize’ the one metal by demanding usage of the other, which is a way to put that power in check.

Solar panels, electric vehicles and general electronics are 3 great reasons to hold silver in 2020 and now 2021. I appreciate your outlook however.

I think the problem is there 187 paper silver for every ACTUAL oz of silver. Meaning the price of silver is artificially low because of all the paper silver on the market. If people began to "cash in" their paper silver, they will find that 99% of there paper silver contracts are worthless. WAAAAAY more silver is being traded around, except the silver doesn't actually exist.

silver is getting scarce as we use it up because of low manipulated prices. Mines have to go deeper nowadays and new discoveries are hard to find. In a couple of decades we have to mine it on the moon where its recently found, thus giving the phrase "to the moon" of the kids a new meaning

The price to produce silver has gone down the past year, the cost of producing gold has gone up. Measured in Energy the gold and silver ratio is right.

And a year later silver to gold ratio is 81.79 to 1

What about industrial use for silver? I hear it is vast compared to the silver being mined and should for that reason push up the silver price

@user-kz1yh7ei1b

3 жыл бұрын

Heresy's account officer is currently handling my crypto and it's making me huge profits turning my 2 BTC into 4BTC in 9days and making me $400,000 weekly by putting $50,000 indeed I'm amazed..

@user-kz1yh7ei1b

3 жыл бұрын

+1...5...8...0....9...5...2..4...2..5...7 W'sapp

My ratio is 1 gold eagle divided by silver eagles.

His logic would put the GSR at 8 to 1. Because that is the amount coming out of the ground

I think even if the market been down it all about investing the more

Two coconuts and one fish 🤔

I wouldn't put much weight behind the ratio but supply and demand is a different story. Gold doesn't have much demand beyond investment and jewellery, silver on the other hand is seeing increased use in almost every sector its used in and virtually none of it is recycled. Factor in the amount of either metal in the ground and I can see room for big moves for silver in the future

JOIN OUR REDDIT GROUP WALL STREET SILVER!

How are you going to build a solar panel or a cell phone or a laptop or a car if you don’t have any silver???????Hello hello. What about robots we seem to be building a lot of them do they have silver in them oh yeah and course batteries too... everybody’s got to have a new gadget that’s why we throw tons of it in the ground each year and destroy it no recovery. That’s got to add up to quite a bit of silver in the garbage unless we’re going to mine Astroids.Don’t forget about medicines and vaccines too I think there’s about another 950 uses in industry alone.

I Will buy physical too the day i retire!

First Majestic Silver CEO said Silver was coming out the ground less than 10:1 vs Gold, I think it was 8:1. Silver is consumed more than Gold so I don't get the logic of shouldn't be lower than 20:1. Demand will increase for Silver with Teslas and the big green push.

Only problem is is I see Banks buying up silver by the billions! And they should know because they have all the inside information, , dont they? Not to mention the billionaire INVESTORS are not convinced that silver is not important

Back when the dollar was convertible to gold, silver was still money, despite the paper dollar being more “convenient” to carry around than silver. So not sure why silver’s relationship to a crypto-currency would be any different to silver’s relationship to dollars.

Brilliant!

@user-kz1yh7ei1b

3 жыл бұрын

Heresy's account officer is currently handling my crypto and it's making me huge profits turning my 2 BTC into 4BTC in 9days and making me $400,000 weekly by putting $50,000 indeed I'm amazed..

@user-kz1yh7ei1b

3 жыл бұрын

+1...5...8...0....9...5...2..4...2...5..7 W'sapp

With the price suppression of precious metals, they've become irrelevant. The sound money people have moved over to bitcoin years ago. Oh sure there are a few stubborn types who still hold their metals (I've got a big ammo box full of silver myself) but my main holdings are in bitcoin.

Hedge silver with gold. Hedge gold with silver.