Did the Catalyst for $30 Silver Just Happen?
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- čas přidán 6. 09. 2024
- In today’s video, we look at the potential for a significant silver rally. With gold prices over $2,300 and a projected silver demand of over 1.2 billion ounces this year, analysts are expecting the price of silver to reach $30 an ounce soon. These recent developments alongside expected Federal Reserve rate cuts set the stage for silver to achieve a 10-year price high. We examine the likelihood of a silver rally into the $30 range and assess the forecasts with a critical eye.
Note: At the time of filming, gold prices had just increased over $2,200 per ounce. Earlier this month, gold surpassed $2,300, and has traded over that benchmark consistently for the last two weeks, furthering the case for a silver rally.
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It's not that *_Gold and Silver is going UP in Value_* it's that the *_U.S. Dollar is going DOWN in Value,_* so it takes more *_Dollars to buy an ounce of Gold or Silver._*
DXY is very strong
Reality.
I hope so. What i really want is the gold/silver ratio to narrow, so i can trade some of my silver for gold.
Speculators will be speculators, if and when we hit $100 per ozt, I'll be amazed, and probably a bit worried too... just thinking about the environment for silver at triple digit prices give me the chills... but then again that's why I stack..
Great channel. Just subscribed. Rare channel where they are strainght to the point and short. No fluff or nonsense. Thx for the great work.
I'll store mine outside the US. Thx
Gold was 2400 an ounce just recently. Where does that put silver at if it continues to go beyond that?😊
Is gold really worth it to buy ? In terms of the short term considering taxes and overall cost of upfront purchase then trying to resell when I actually need the liquidity, is physical or gold stocks more worth the cost ? Because it seems to be when people speak of gold their not being specific to the short term or Long term approach to justifying the purchase. Let me know your thoughts , thanks anyone
always great stuff
Au is USD 2343/oz today, why are we talking about USD 2200/oz? All time high USD 2377...Au is at a high for all FIAT.
Ag is moving to USD30/oz...
It's our publishing schedule - we try to push out one solid video per week and film sometimes a month in advance. We have to guess at when everything is most likely to happen, and sometimes our timing is off. This video was filmed the last week of March. That's why the numbers are a little low. Good catch!
Apmex you the best
Great presentation. Your lucky to handle all of that gold and silver. 👍
Thank you! I'm always shocked by how much value is packed into the coins and bars I'm fortunate enough to share with everyone. It feels unreal.
Why is gold at an all time high and silver is around half it's all time high. At 80 to one and coming out of the ground at 7 to one....something is wrong. Just say it.
We did it 🎉
No mention of the massive use of silver used in the thousands of solar panels being built. This is NOT acknowledged by Silver Institute (why??). Can Silver Institute improve on their accounting of true silver usage?
It's mentioned in their annual silver survey, broken out as photovoltaics. You're right, a tremendous amount of silver is being consumed for solar and it probably deserves more attention.
Yes
You actually make good videos thanx
Aged well! Silver $32 🙂
Maybe more, maybe less? Who really knows? It's all relative right?
One thing is for sure, rising metal prices are NOT a good sign for the fiat players.
Is this an old replayed video?
It appears so.
No, we don't repurpose old videos. We filmed this about three weeks ago, which is why some of the numbers are a little low. We actually hit $30 silver briefly last week before a retracement occurred.
@@apmex Ah...three weeks ago, I see. Makes sense now.
Very reasoned commentary, however in the very short term I suspect metals will rise due to events in the Middle East.
Nope. 30 is a Glass Ceiling
100 dollar coming
Green deals ramping up silver ❤
2x more Silver in new sollar pannels
When selling a silver coin that may equate to one meal. So far.
Silver to 75 by the years end
Rate cuts? 😂
No comments here cuz everyone is buying silver
I wish I could afford these kilos and ounces of gold. My baby shower is 4/20
Congratulations on your baby!
@@apmex Ty so much. Expected delivery date 28th June
You guys always have the best deals! Please pin!
This market is dead, the future is the crypto market!!!!!!!!