Get my new book for $19 on Amazon: www.amazon.com/Great-Gold-Silver-Rush-Century/dp/B0BP3HW5HJ/ref=sr_1_18-1

@frankcarlos6762

13 күн бұрын

mike when will be your new hidden secrets behind money will get dropped on youtube

@frankcarlos6762

13 күн бұрын

thanks so much i bought silver on 22 dollar for one ounce , i bought 700 ounce very happy and took all my cash from the bank i am ready

@rogerburn5132

13 күн бұрын

Mike Thanks for the Brilliant information BUT I em still buying more Silver So I don't Need the price to go up Now 🥈🥈🥈

@rogerburn5132

13 күн бұрын

Mike your background Now is Better than when you were in your office 👍👍

@issenvan1050

13 күн бұрын

Even during a recession? Why no timestamps, btw.?

“High triple digits baked in the cake.” May those words go from Mike’s mouth to Gods ear.

@KhalidFounounou

13 күн бұрын

May be God’s words to Mike’s mouth

@safffff1000

13 күн бұрын

Lol, I have been hearing stuff like this forever. As the entire commodity market is all controlled by the Elite which got majored screwed 200 yrs ago when silver became more important and plentiful in the new USA as to effect the gold trade. The elite have a long memory for revenge and since silver is now linked to the common man or patriots. They will never let what you say happens unless it is in a small bubble they control and profit from when it went to 50 and right back down. Dream on, the only people that push this magical happening are usually selling silver.2

@Ninurtha1

13 күн бұрын

Careful what you wish for my friend. Gold/silver are indicators for mad max scenarios. Just because you have insurance you don't wish for head on collision with a 18 wheel truck to collect .

@jeffjohnson1302

13 күн бұрын

Any to my pocket book

@InsipidRoustabout

13 күн бұрын

@@Ninurtha1 OR....are we already in the Mad Max scenario (where monetary truth is the Wild, Wild West) and Silver/Gold prices going to where they "should" be is a step to a more civilized and logical world?

Let’s not break out the champagne until we break $50.

@stevejames3857

13 күн бұрын

$30

@scottheller1379

13 күн бұрын

30's easy. Some will be breaking even. I like the 50

@lowbloodprsure

13 күн бұрын

Can't hold 28.

@SirMillz

13 күн бұрын

$100+

@tonyneville4425

13 күн бұрын

Crimex will be gone by then

$971/oz silver would make me a very happy man!

@truth-or-nothing

13 күн бұрын

The world around you will be unlivable. Bread would be 100$ a loaf

@cg1811

13 күн бұрын

@@truth-or-nothingpeople don’t understand how bad things would really be if silver hit high triple digits.

@truth-or-nothing

13 күн бұрын

@cg1811 Greed has many blind 😳

@jacobmoore627

13 күн бұрын

@@truth-or-nothingwould still be able to afford the bread

@franciscoreyes7370

13 күн бұрын

@@cg1811 A few years ago I would have said that about $2400 gold.

I started investing in silver back in 1345. I'm still waiting, but I know my time will come. I will rule the world some day. I remember 50 years ago when Mike first started his push in silver. His day too is coming.

@GeorgE-yo5yc

7 күн бұрын

What currency did you buy silver in back in 1345? 😄 Wasn't that around the time of the Black Death and how you still managed to pull through?

@thegardenfarmer

6 күн бұрын

🤣🤣🤣🤣🤣🤣😅😅😅😅

When the paper market eventually breaks down if run on physical, silver will likely skyrocket.

@johnboettger864

13 күн бұрын

likely, of course, how could it be anything else?

@Mekkalekka

13 күн бұрын

The run has begun

@Ernster86

13 күн бұрын

LOL keep dreaming. Everyone said the same thing back in 2010. It never happened and wont happen.

@safffff1000

13 күн бұрын

@@Ernster86 The elite won't let it happen, they want revenge from when the USA used silver 200 yrs ago and now sold the patriot in buying it who they want screwed.

@Mekkalekka

13 күн бұрын

@@Ernster86 haha.. you still believe in never.

√ Cup and Handle √ Inverse Head and Shoulders √ Quintuple top √ Global debt crisis √ Inflation/Money Printing What's the case _against_ gold again?

@alfredlear4141

13 күн бұрын

Governments don't like it

@jean-louislalonde6070

13 күн бұрын

@@alfredlear4141 WESTERN governments don't like it. Many BRICS countries' central banks are buying hand over fist.

@ml-mw7ms

13 күн бұрын

😮 wow

@zeefang

13 күн бұрын

Silver is sweeter 😁

@bajsbopper

10 күн бұрын

The problem is technical analysis is dumb 🤣

10 years ago I used the price the my parents bought their house, and what's its worth now, yes 10 years ago. Doing that basic math I got silver should be $800

@gimpee8113

13 күн бұрын

only silver nv go up. everything double. My frd in china already bot silver 2 years ago, is not surprise they are buying now when they see gold so hi.

Morgan’s, many minted before 1900, were one dollar. Today, one Troy ounce of AG is just under $30. So, in well over 100 years silver went from $1 to $30 essentially. Nothing is even close to this undervaluing.

@ColeDedhand

13 күн бұрын

Morgan dollars are 0.7734oz of silver. .7734x$30=$23.20 So the undervaluing is even worse.

@justinevansgsm2swaw

13 күн бұрын

@@ColeDedhandvery true. Just making a rough approximation.

@mohamedAli-kj6fb

13 күн бұрын

Would be the same if we went over 900 now lol

@StockDude

12 күн бұрын

And you don't even have to calculate that the money supply has gone up way more in percentage terms since then. Maybe we can give Adam another homework assignment. 🤩

Been buying silver since 2014. I’m sure hoping Mike is correct! Thanks Mike for your videos on the hidden secrets of money, I learned so much by watching that series!!

Since the Industrial revolution, we have lived in a world where the amount of goods and services produced went up exponentially while the supply of real money (gold) was stable - that should have led to a matching exponential rise of our standard of living. Now that we have practially de-industrialized the West, we live in a world where the production of goods and services is stable - if not declining - and it is DEBT which is rising exponentially! HOW ON EARTH DID WE GET HERE???

@gerryboy3699

13 күн бұрын

its a banking mafia that is in control

@jean-louislalonde6070

13 күн бұрын

Because greedy one percenters asked and were allowed to send millions of good paying jobs to China to produce at a lesser costs and pocket the difference. They love money you know.

@gwills9337

13 күн бұрын

Good observation

@thomasjohnson7990

13 күн бұрын

With the rise of the labor unions in the 60s as well as growing taxes both corporate and personal, it created the beginning of the de- industrialization of the US in particular in the 70's . Entire industries moved off shore. No one in the government has tried meaningfully to fix it since it started and here we are.

@superapex2128

13 күн бұрын

@@thomasjohnson7990 Is it any wonder the right to vote was given to everyone, no matter how ignorant and irresponsible, in the 1960s? It's clear CBs bribed a few corrupt politicians back then so that the majority would vote for socialist policies designed to enslave us via compound interest on the national debt - and it worked!

The hardest part to going all in to beat any market through silver is living long enough to see the day.

@user-le5rz7gx9y

13 күн бұрын

It really doesn't matter to live long enough. Did you not have fun stacking? Hopefully those that you care about can be recipients - its a blessing to them.

@Cloxxki

13 күн бұрын

@@user-le5rz7gx9y It was fun while I had a positive budget. When I was wealthy from other things, it evaporated before I'd stacked from it. I've sold all the bulk stuff and am now left with a collection of special item that needs to be sold piece by piece to extract the premium. If we get time, I may get back to stacking, but in euros it's almost the ATH now.

@88gcllc

12 күн бұрын

U will never c that day

@Cloxxki

7 күн бұрын

@@user-le5rz7gx9y It's fun to stack when income is plnetiful, let fun to see the ultra slow growth. Selling is a pain if like me, you ended up with one of each, and they've all a bit more special than straight generic coins or rounds.

@billp4

3 күн бұрын

@@88gcllc Learn English.

20 years payoff is all yours, Mike. We toast to your riches and wealth of REAL MONEY.

The stock market in China and the Real Estate market which are both used by the Chinese populace for storing of savings are not doing well. It's been hypothesized that they were buying gold when the price was a bargain but that is not now the case. If they ever decide that silver is a good storage of wealth you will see some serious action.

I'm not a stacker, I am just a TA trader, and when I saw the silver chart confirm those massive patterns I decided I was patient enough to wait for them to play out.

*75 oz of Silver for an* *Average Size Home* *Soon* *Very Soon my Friends*

I'm selling 50% of my silver if it hits $250 per ounce. It'll wipe out my debt plus some.

@alfredlear4141

13 күн бұрын

Same. Imagine the interest rates! Sliver and gold are my insurance against incompetence in government

@rogerburn5132

13 күн бұрын

And few months later the price of Silver goes up to 550 dollars per ounce 🥈🥈

@magma9138

13 күн бұрын

Important to TAKE PROFITS OUT! Meeeee too.

@vassallo604

13 күн бұрын

Don't care

@rogerburn5132

13 күн бұрын

@@magma9138 "" PROFITS "" in Fiat currencies that the central Banks print Endlessly are No Profits. They could be if they are kept in physical Gold and Silver bullion and coins 🥈🥈 Look at Venezuela and Zimbabwe currency's and Weimar Republic Hyperinflation in the 1920 😊

It's not how high silver goes in dollars that matters. It's how far the bubble assets like real estate and equities fall in terms of an oz's purchasing power.

@dbgoestotheinternet7609

12 күн бұрын

Exactly 👏

i saw this cup and handle pattern 3 years ago... problem is , we are going to wait for another 10-20years for it to fully hit the peak price!

@tomfoolery333

13 күн бұрын

It is going to be going up for the next 40 years. Not sure I will live to see the peak. That is ok. We will benefit all along the way for the rest of our lives.

@BlueToronto

8 күн бұрын

Yeah. Considering how slowly silver builds up, how long it's been since it hit $50, and considering how long gold messed around it's old all-time high, I wouldn't be surprised if if took silver a while to get through $50. I'm no expert, but that's my observation. Or let me say, maybe it could slip above $50 but it might be a while before it decisively leaves that area.

I think it’ll pause around $800 for about a year then get up to about $1,500 within 3 years

@douglasanderson7301

13 күн бұрын

Why?

@r.s.334

13 күн бұрын

Lol

@mikebrown6854

13 күн бұрын

Ok 😊

@cornstar1253

13 күн бұрын

Sure. Not in our lifetime though

@argentummolonlabe

13 күн бұрын

I think that may be conservative. Once the manipulation breaks, I see it 1:1 with gold and perhaps even pass gold for a time. The question is "How high will silver go?" It's, "How low will the dollar go?" Answer, infinity.

Paper to Silver ratio is 396:1 Dollar to Silver ratio is $1550oz Current Gold to Silver Ratio 1:85 Current Au:Ag annual mining ratio 1:8 Paper derivatives are really no more than hollow inflated promises used to prop up the economy by enabling high volume high frequency trading between banks,hedgefunds, etc. which is effectively the means to manipulate anything at any price to whatever end which they do, shorting silver(among other things) and crashing the price, cashing in, then letting it run a few bucks just to knock it back down. All the illusory implied value in the ponzi system will be absorbed and realized by tangible assets when their global casino crashes. Silver 8:1 with Gold is $300 minimum but that’s assuming golds true value is being represented in today’s markets. USD in Existence to Silver Oz mined annually is $1550 Todays price multiplied by the number of fake paper Oz to Real Oz is $12000Oz Industrial use of silver doubled last year and there is more silver in landfills than there is in global reserves

Silver to 100 let's go

@jimgilmore1219

6 күн бұрын

Silver will disappoint again and retract below $22 (again)

@jpmhp

6 күн бұрын

@@jimgilmore1219 that's some bs 😒

Mike- Been watching this cup and handle chart myself on the long term for the last 5 years. It held up insanely well and went in with a few fists sub 20$. Appreciate all the knowledge you share!

It'll make it to $1000/oz. Just watch.

Thank you for discussing the 44 year cup and handle! I've ben watching this form now for years and was hoping someone would discuss it! Hold on! :)

If gold goes only to $5,000 per ounce and we get a gold to silver ratio of 15, that puts silver at $750. This has been my simple projection since I started stacking 25 years ago. This is NOT extreme. 1,000 ounces of silver should get you a pretty nice house like it did in 1981.

@stevenpinter3146

12 күн бұрын

$333 dollars, but I get your point

@mikebrown6854

9 күн бұрын

Well said. I am a 15 year vet of waiting, watching, learning and have come to conclude and agree with your sound analysis.

Im positive James Turk, Schiff and Ghaddy out of Switzerland have pointed this Cup n Handle out. Our club has the last 2 or 3 years, and i individually did nearly ten years ago (before the handle fully formed).

Triple, quadruple, I'm thinking 5 or 6, maybe 7 digits, 12 or 15. I have 100,000,000,000 Zimbabwe bill right now that won't buy 1 oz of silver. That Zimbabwe dollars is made the same way the us dollar is made. FIRE UP THE PRESSES!!!

@reecec8490

13 күн бұрын

At least we get eggs and milk. You get Pfizer

Been at this for many years and I don't expect any of this...Not until the manipulators have lost their appetite for theft...But I do have to admit the price action of late looks very promising...

Great analysis Mike and Gold Charts of course. Thank you 🎉❤

The last time silver made that kind of jump, gasoline went from 30 cents a gallon to over $1.20!! Today, that would mean gas going from $3 to over $12!!!

@scottheller1379

13 күн бұрын

Cool

@user-le5rz7gx9y

13 күн бұрын

Yup.

@bonnieupton4114

13 күн бұрын

Yikes

@kandkpop

13 күн бұрын

I wish gas was still only $3! It's $4.50 in Phoenix now!

@joshuakelleher-bw5dg

13 күн бұрын

That’s going to happen once Biden successfully dries up all of our reserves.

Thanks for the inspiring presentation. The silver, cup and handle pattern on the long-term chart was staggering and so beautiful. Could be history in the making, in slow motion before our eyes.

Listening to this made my day! I learned about money from you and I learned about via Currency from you. Ever since then I've been stacking silver. Just a little bit at a time, but this makes me so happy thank you Mike for all you do.

i appreciated Jim Willie's assessment following Fibonacci numbers back a few months ago @ $22 and change. Hit $30 then $50, $130,$180,$310,$490, $800,$1290, $2090,$3380,$5470, . . . Who knows where it will end up but it's a natural progression ratio. Just repeating what Jim put out there.

Excellent video!! Thank. So much for your incite.

When? Been waiting 50 40 years now.

@alby13

13 күн бұрын

What exactly so you think is going to happen? If you thought the price would explode beyond the all time high, that was not a good prediction.

@scottheller1379

13 күн бұрын

Tacky. I must say. And for what?

Don't bite the handle that hydrates you

I noticed the 40yr cup & handle a few years ago. $900 silver would be nice, but I don't think it's going to go anywhere near that high... although I hope I'm wrong. The lowest gold-silver ratio I could find in the last 100 years was 15:1, so $900 silver at that ratio would mean $13k gold. Maybe one day, but not for a long time. I think $150-250 silver is more realistic. Again, I hope I'm wrong.

Thanks Mike! Largely also because of you I've bought silver. Cheers, B

$920 or gets manipulated back down to $11. Either one.

@rogerburn5132

13 күн бұрын

Not when there is shortage of Silver and the News get out

@jean-louislalonde6070

13 күн бұрын

Sometimes Mr Market is stronger than JP Morgan.

@tomfoolery333

13 күн бұрын

Not with the sovereign debt crisis unfolding. Fiat system is collapsing due to debt saturation. Countries are tired of getting rapidly inflating treasury bonds for reals goods. They are taking steps to get out of this exploitative system. Silver will never be the equivalent of $11 in USA federal reserve notes of April 2024 again. Baked in the cake. The wise understand what is happening. The large banks are losing their ability to manipulate the metals exchanges.

@stevencacka1799

13 күн бұрын

If you want a really good analysis of what’s going on with the debt watch some videos from the market sniper

@kevinspence5093

13 күн бұрын

11

Thanks for all your analysis, Mike! How do the following items affect your prediction for silver value? The historical gold/silver mining ratio? The historical gold/silver price ratio of 15:1, currently at 87:1? The current paper to physical silver ratio of around 395? Thanks.

Purchasing power, not wealth. $300 silver is $30 gallon gas Yikes

@crazyasieverwas

13 күн бұрын

Just like the 100 dollar loaf of bread?🙄🙄🙄🙄🙄🙄🙄🙄🙄🙄🙄 no it’s not going to be that way. Everything including bread and “ gas” will be revalued

@alfredlear4141

13 күн бұрын

Well I could pay off my mortgage at least ...

@clintcowan9424

13 күн бұрын

Fixed loans will be great to payoff. Lynette Zang, ITM trading, said sell the high move into cash payoff stuff and keep some cash, then buy back when it drops. Metals prices when compared to Weimar Germany hyperinflation, are way volatile. Looks like a seismic graph

@MattVenezuela

13 күн бұрын

Nope not how it's going to work... but keep living in fear... metals have been manipulated for decades no one really knows what it's worth... $50 silver in Jan 1980 gas didn't go from $0.48 gallon to $4.80.... it went to $0.52 a gallon... I remember I worked at a gas station while I was in high school

@gwills9337

13 күн бұрын

It’s not linear like that at all. Especially as more people demand it, the price will rise faster than other real goods and services and you’ll be richer.

Watch the Shanghai price compared to the LBMA/COMEX price. Lately gold is priced almost $100 higher in Shanghai. This difference will grow, causing more arbitrage where traders will buy on COMEX and sell in Shanghai and pocket the difference. This will continue until there is no gold available on COMEX and traders can only settle in cash.

I’ve been watching this 40+ year cup and handle since I heard it from Bo Polny a year or two ago. Not a big fan of his anymore but still agreed with most of his technical analysis. Anyway…can’t wait for this final move. Appears as though we’re very close now!

Gold is up 33% in the past 6 months. Silver is up 40% in the past 6 months.

@censorbureau

13 күн бұрын

Gold hit +20% over its previous ath, silver is still -46% from its previous ath. Silver has been a dog, hope that changes and every dog has is day, but no denying it's poor performace so far.

@egyptianhebrew91

13 күн бұрын

and silver is still below 30 dollars nit wit.

@funkyguy99

11 күн бұрын

​@@egyptianhebrew91not in other currencies.

On the surface the potential is very exciting. But the problem with extrapolating the silver price from 1980 is that was the very peak of its bubble that quickly collapsed. I think you should pick more of a moving average price to base your estimates on.

Yes, I see it on the 12 month chart.

And in the market's ebb and flow, silver holds its place, A tangible asset in an ever-changing space. Though oft in gold's shadow, it carves its own way, A precious companion, steadfast come what may.

getting excited for prices like that but then again , what sorry state will most people be in, when silver goes this high??

@user-le5rz7gx9y

13 күн бұрын

That's a real concern.

@ryanb1444

12 күн бұрын

Stop buying garbage with Monopoly money and buy silver. Not my problem they do not educate themselves or listen to others

@Joseph-wp2ry

9 күн бұрын

So True. When gold hits 10k per ounce, and it will, things will be sooo bad, that marshal law and curfews will be a norm. Government food lines will include well dressed women, who arrived in their Lexus. People have NO idea just how bad things are going to get…. Unfortunately, it’s going to be Biblical….

Im so happy I sold half of my silver stack years ago and bought more gold

Thank you Mike

Thanks, i like that you back up with charts👍

You did a very good presentation. Thank you.

@Goldsilver

12 күн бұрын

Glad you enjoyed it

One flaw in those projections: Silver is a surface and byproduct mining metal. There's been efficiency achievements in that field. We're looking so long term here. Gold mining....did that get much easier, with the increased underground safety measures probably in place? Look how big dump trucks have gotten in silver/coper/zinc mines.

if anyones wondering that sexy cup and handle chart has a target of $75ish strictly off technical analysis. A general target for a cup and handle formation would be the height of the cup on top of breakout point of handle which seems to be around $75 on my chart. Of course silver can go much higher than that (especially if china pumps it), but I think that is a fair price target strictly off of this cup and handle. not financial advice.

@mofun5315

9 күн бұрын

I show $70.00 from the cup and handle,(I use around $26.00 as the break out point) Don't know where they're getting these crazy numbers from. lol

Thanks for the encouraging message Mike!

Silver is essential to modern society. Its going to become so valuable in the future.

Been buying and holding since 2017, it has been crazy times, but now we are finally moving.

Bread was about 0.50cents in 1980 now it's about $3 depending on where you live, so even bread is up 6x since.

Always a great presentation 🖖

@Goldsilver

12 күн бұрын

I appreciate that

Enjoyed your video, and your past videos over the last few years. Started saving a little silver from the mid 1970's till today. Looking foreword to the jump past $50 again.

Great job Mike!

Two or so years ago I thought 100 might be the absolute high of what we'd hit in this market. Now that things are running, I'm starting to see the logic behind even higher calls.

Mike, I appreciate your video that tells me everything I want to know in the first 90 seconds!

In what time frame? Next year, decade or century?

Thankx Mr. Dollar

Rock solid Mike - thank you 😊

I've seen this pattern Mike. Hopefully it means it breaks upward from here on out like a rocket 🚀

It just makes sense to buy silver over gold. Gold may double , Silver may quadruple or better! Silver is a smaller market. All the silver is being thrown away in cheap electronic goods. The move into electric, solar, is depleting the remaining above ground stock, silver is effectively more scarce than gold. Silver is mined as a by-product, mines can't increase supply if demand soars. Silver is the metal to buy, coming out of the ground at 1 to 8 yet is more than 1 to 80 against gold. War uses a lot of silver in weapons, cruise missiles hold 3kg of silver.

@jean-louislalonde6070

13 күн бұрын

It is costly to send Mr ayatollah to kingdom come...

@tomfoolery333

13 күн бұрын

Lots of healthcare uses, high tech uses, military uses. 10,000 industrial uses of silver. Smaller market than gold. I don't understand how more people don't see it. I woke up to it 10 years ago. They will get it and that day is coming soon. Unobtanium is not just wishful thinking by the silver bugs. It is baked in the cake. $921 is going to look cheap. The only thing that will matter in the end is how well it preserves purchasing power, or better said, how much it increases purchasing power. Wise people will be trading silver for cars, houses and other stuff they want in order to increase their net worth.

@censorbureau

13 күн бұрын

​@@jean-louislalonde6070let's hope Mr. Ayatollah sends Mr. Netanyahoo there first

You can understand how the term "talk is cheap", came about. Maloney has allot of baloney. But when it comes to charts. I think he is the king of chart viewers.

Stay fit healthy Mike- when it happens u don't wanna get too sick to spend it!

@UnspokenWords2010

13 күн бұрын

I pray Mike lives a long healthy life so he can enjoy the shade of the trees he's planted. He's helped wake a lot of people up to the world of stacking, and why we do what we do.

@andyirons7162

9 сағат бұрын

Mike sick?

The news about the Chinese starting stacking silver was correct. There was a news report on April 14th stating that the demand for silver is increasing in the Asian market since silver is deemed undervalued so far.

Mike as Usual Brilliant information Big Thanks information - priceless ALWAYS LIKE 👍👍👍

Should not be surprised just look at gold

I think Keith Nuemeyer from First Majestic (AG) will be correct. $250-500 (I’m pretty sure he gave that range. Im certain he did about the $250)

I'm not celebrating the fall of the dollar. I'm just glad I stacked some metal in preparation.

Now watch what open interest do if rise with the price its good they are buying but if open interest rise and price decrease they are shorting Gold

The price increase and open interest decrease because short covering that triple top was short interest built up and got squeezed

The problem is I don't have the patient to wait for 44 years.

The thing about TA that doesn’t make any sense to me regarding silver is that you just got through stating that the silver market is completely controlled/manipulated and then go onto tell me that TA has significance. It’s either one or the other, not both. It can’t be.

Love you Mike. May you live long and well enough to see your education come to fruition and may those of us who come after you vindicate you

I wonder how many of us followed you into the abyss. In 2011 I cashed in & started again. This is even more fun the second time around.

I know people like Mike M. have been touting silver for years. But there's one thing I know for certain. The silver futures chart has the largest cup and handle pattern I've ever seen in my life. Be patient. It's only a matter of waiting a little longer now.

Thank you❗ 👍

Great video Mike! Keep it coming! 👍 👌 ✔️ ✅️

Thanks Mike love your channel !

I was reporting on this 43 year cup and handle months ago. Not 44 year.

Even during a recession? Why no timestamps, btw.?

Can only hope we’re close to another 40 year miracle….. not holding my breath but.

@normandolinic2044

13 күн бұрын

Well I’m holding my breath on a common penny stock ,called AAGC all American Gold company ,it did ok in 2008 , but with all the inflation ,think$5-$15 a stock should happen.???

dream, dream, dream. This is great Mike but we are trading at $28.50

Straight up typical TA would take silver to $75-95 with spikes of $125-150 possible. I made this projection to our investment group back in 2010. I would suggest a multi-tiered selling strategy.

Groceries up %100 Silver up %5 🙄 Prices about to boom 💥

In 44BC a Roman Soldier earned approx 225 denarius per year (225d/yr x 0.137 oz/d x 97% pure = 30 oz Ag/yr). So say a soldiers salary is $30,000/yr today ÷ 30 oz/yr = $1,000/oz. Have to factor in modern mining methods, cheap energy, silver lost to the trash......but.....Silver at its current price seems under priced based on history.

Good stuff! Thanks Mike.

The East has been buying gold for years. This latest price rise is due to a new buyer... but who is that? I don't know

@Orweliannightmare

13 күн бұрын

China.

@supremedc2403

13 күн бұрын

India

@2nostromo

13 күн бұрын

Retail...i hope

@2nostromo

13 күн бұрын

@@supremedc2403 Probly right

@tomfoolery333

13 күн бұрын

Western Central Banks. Because they know their fiat system is ending and an asset baked system is coming and they don't want to be totally left behind. They are evil, not stupid. Most people think they are stupid, not evil. That is a financially fatal mistake.

I am a nobody from middle America. I have my own kinda odd way of looking as the current and possible future silver price (in US dollars). It seems to me that silver will rise to about $800 to $1250 per troy ounce in the next 5-6 years. The hard part is making a prediction on timing. That is my belief on both price and time. Of course, government nonsense and war can affect this prediction (likely shortening the 5-6 year time "guesstimate"). In either case, I am gonna have some stubborn "Sisu" belief around this as I am half Finn.

@GeorgE-yo5yc

7 күн бұрын

Hopea ei oo häpee...

Maneco64 has done a few videos about the 40 year, silver cup and handle.

@andyirons7162

9 сағат бұрын

Northstar bad charts, ghaddy, sd bullion....mike needs to get out more

Very Informative, Thank ;You.

Yes, but the 1980 top wasn't like the top in any other commodity. Wealthy actors were actively trying to buy up all physical silver reserves in the world. This didn't happen with any other commodity. Silver was disproportionately more expensive in 1980 than all other commodities. That's why this high has not been surpassed. So it's a bit disingenuous to use it as a comparison point and extrapolate to the present day, when no one is trying to buy up the entire global supply.

Wow, the silver chart looks vaguely like part of a household object! Let's gooooooooo!!!

@channel1_channel

8 күн бұрын

My silver hairs are ready for some action!!!!!