Of COURSE a serious investor “ cares “ . If crapcoin can go to $72,000.00 - physical silver , in its fourth year deficit , should easily blow past triple digits .
Peter’s analysis of silver stock drawdowns in last 3 years answers a key question as to how the market has survived huge annual deficits without price rises. When the price reaches fair levels, say $50, mining investment will increase to balance supply to demand…..
@@keystonekabes EXACTLY ! It’s not like a factory to flip on a switch and bingo here is PHYSICAL SILVER . That’s why India is STOCKPILING the commodity . Now I’ve read that the government’s of China and Turkey are going in on physical silver as well
Can’t bring new supply online at the flip of a switch! And the miners have to believe the price will stay up and historically it hasn’t! They have to believe in price stability to build their feasibility models.... This could take a few years....
Peter is 100% correct. Industrial deliveries now over 75 days. Only time this was worse was 2021 when it was 90-120 days. Normal deliveries are less than 30 days.
The largest silver uses are military actually - for missiles and stuff like that. Glory to the wars in Europe, West Asia & hopefully to a country you live in. Silver Stackers are bound to Praise the Good Lord rejoice this Christmas!
And you had not even touched upon the military industrial use of silver. I have heard that it is even greater than the photo voltaic uses. But the military does not openly disclose the numbers.
While it's a great "feel good factor" to hear an expert talk about $300 Silver, given that it's struggling even to reach $30, can we see some months over that level first before we start celebrating our hodling genius for all these grindingly dull, inflation eating years?
All the Silver " experts ", technical chartists, love to extrapolate a modern day, (adjusted for inflation)spot silver price, by using the 1980, Hunt Brother provoked, COMEX, silver squeeze ,as an accurate metric/ baseline. The govt./ COMEX, purposefully, systematically, kept raising the Hunt Bros margin requirements, and therefore skewed a real, fair-free market price. To always reference, this time and event, as representational of silvers present day, under valuation. Is disingenuous and somewhat delusional.
My LCS said every quarter a business man would come over to buy all his 925 silver antiques for $30/oz when the spot price was around $23. That might the secondary sourcing Peter was talking about.
When Peter talks, I listen.
No one is talking about military and space silver usage its more than 13× more than solar
Are you looking to draw attention to yourself?
Impact silver revenue growth 27% in quarter 3. Nobody care's. I keep buying happily.
You're not the only one buying. Scooped up a bunch at .14
Of COURSE a serious investor
“ cares “ .
If crapcoin can go to $72,000.00 - physical silver , in its fourth year deficit , should easily blow past triple digits .
Thanks again Patrick.
Peter❤️
Patrick
Thanks for a superb interview. You always provide value. All the best
Welcone! Thx for your support.
This guy is the real deal . Knows his stuff!
Only time will tell
Great interview !!
Excellent report 😸😸😸😸😸😸😸
Peter’s analysis of silver stock drawdowns in last 3 years answers a key question as to how the market has survived huge annual deficits without price rises. When the price reaches fair levels, say $50, mining investment will increase to balance supply to demand…..
Except silver mines only account for 20-30% of supply. Most silver is mined as a byproduct of copper lead or zinc mines.
@@keystonekabes
EXACTLY ! It’s not like a factory to flip on a switch and bingo here is PHYSICAL SILVER .
That’s why India is STOCKPILING the commodity .
Now I’ve read that the government’s of China and Turkey are going in on physical silver as well
And new mines take another ten years to build and produce ….
Can’t bring new supply online at the flip of a switch! And the miners have to believe the price will stay up and historically it hasn’t! They have to believe in price stability to build their feasibility models.... This could take a few years....
Very good guest. He presented his subject and figures reasonably well. Seems he researched silver well. Thanks for having him.
Great show shared...times are getting interesting
Peter is 100% correct. Industrial deliveries now over 75 days. Only time this was worse was 2021 when it was 90-120 days. Normal deliveries are less than 30 days.
Newer panels need less silver. Moving to copper and silver content in panels halves. I am still buying silver though.
not true
Silver has increased in solar panels, the more silver the better the solar efficiency.
New panels using more silver not less
New panels must be 50% more efficient. Current efficiency 17% new regulations 25%. That means 50% more silver needed per panel.
thank you very interesting 👍
The largest silver uses are military actually - for missiles and stuff like that. Glory to the wars in Europe, West Asia & hopefully to a country you live in. Silver Stackers are bound to Praise the Good Lord rejoice this Christmas!
We're working on peace while stacking 😊
Is there any company that sells pool allocated silver or gold in Singapore? Anyone knows?
Have a look here....
www.silverbullion.com.sg/Shop/Buy/STAR_Grams
🤞Cramer Doesn’t recommend silver 😂
GOOD ONE!
SLV is only paper-silver. You must jump trough many Hubs to get pysical silver,maybe. The can settle in fiat dollars. Only buy PSLV
$28 or $30 makes no difference. We need to get to and over the big resistance ~$32-34, then things will get exciting.
Agreed. Question is time frame.
And you had not even touched upon the military industrial use of silver. I have heard that it is even greater than the photo voltaic uses. But the military does not openly disclose the numbers.
🌹
comprehend
conceive
conclude 💱💱we are the moneychangers💱💱
China has contract's with silver miner and are buying direct from them. China also pay's the higher Shanghai price.
While it's a great "feel good factor" to hear an expert talk about $300 Silver, given that it's struggling even to reach $30, can we see some months over that level first before we start celebrating our hodling genius for all these grindingly dull, inflation eating years?
silver will be the new gold. we don't need gold. but we wouldn't be watching this video without silver
Have you heard of the U.S. gov seizing the top 10 mining companies?
It’s called nationalizing, look what ever other country has done.
@@TheInvisibleOne1026 every other country has seized their mines?
@@adamzioriophotography nationalized
🎉
I think the "crispy fiat" will be coming out by fall.
$30? in hand you have to pay $34 for silver eagles
GOD says silver...
$65 by November
No way
$300 silver would shut down every economy
20k Au 666 Ag
All the Silver " experts ", technical chartists, love to extrapolate a modern day, (adjusted for inflation)spot silver price, by using the 1980, Hunt Brother provoked, COMEX, silver squeeze ,as an accurate metric/ baseline. The govt./ COMEX, purposefully, systematically, kept raising the Hunt Bros margin requirements, and therefore skewed a real, fair-free market price. To always reference, this time and event, as representational of silvers present day, under valuation. Is disingenuous and somewhat delusional.
😁 $50 an ounce
The worst investment ever.Only penny stock miner are more worse.
Hilarious how Jim Kramer’s an absolute, laughing stock
Or it may not and u will have to wait another century for any of those shiny rocks 2 b worth anything lol
My LCS said every quarter a business man would come over to buy all his 925 silver antiques for $30/oz when the spot price was around $23. That might the secondary sourcing Peter was talking about.
There not showing all the comments.
Really?