Chen Lin: Silver's Move to US$50 Will be Quick, How I'm Investing Now
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- čas přidán 30. 06. 2024
- Chen Lin of Lin Asset Management shares his outlook for silver, explaining that the white metal could move quickly to the US$50 per ounce level once market participants realize how large the divide between supply and demand really is.
"My point is that once investors see the huge deficit, they truly see the huge deficit in silver, silver will go to US$50 just like that - just in a heartbeat," he said. "So I hope while you're enjoying the summer you don't miss one of the greatest runs of silver."
This interview was filmed on June 20, 2024.
#Investing #Silver #Gold
0:00 - Intro
1:14 - Huge silver demand from solar
6:05 - Is silver's industrial side taking over?
8:07 - Why Chinese investors want silver
12:40 - How quickly can silver hit US$50?
17:44 - Silver futures, stocks and ETFs
22:40 - Gold price and gold miners
27:38 - China's pause in gold buying
32:48 - Summer outlook for silver, gold
34:55 - Outro
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Chen's a genius. Thanks for having him on the channel Charlotte. I love this channel 👌
Well, a month or so ago he was calling for $50 silver in June. His info on the fundamentals is good...
ROFL no he's not. ANybody who says something so stupid is clearly not that bright themselves little one!
Just the motivation I needed to order another tube of maples.
Chen told us about double sided solar panels months before anyone else
Charlotte Thanks for a great interview
he started rocking in his chair and fidgeting when she asked about June lol. it was a foolish call. if $50 came in the next year that would be amazing enough, no need to make silly calls
Hecla (HL) is probably the best miner to buy for US investors who want leverage to Silver prices if they believe the price will rise! Thanks Charlotte and Investing News!
I’m in Dolly Varden
I hope hedge funds waking up soon, once comex goes long instead of short due to empty vaults 😂 little, by little, by little as Andy Schectman predicts the end of manipulation. Maybe you can bring up this ugly game in one of your shows ? However, thanks Charlotte =)
arent the warehouses full of solar panels that are unsold, I have hear 1/3 of 2023 years production is in warehouse still
Many Thanks ! AG !
First Majestic Silver (AG) is far more risky with the election of a Mexican President who is far more hostile toward mining.
@@cvgguy98 AG is also Silver
50.00 in June, Time is running out.
He won’t admit he’s wrong either
yeah but same with gold, another armed conflict and things can go berserk in hurry with both gold and silver. Thing is good news or bad news silver will still be a winner
@_yeahbaby 👆😆 I was just about to remind him
I was asking the same... Although timing is always difficult to get right.
I hear that Silver institute likes to lie
chen lin makes me feel so good
Sounds gay
Chen serves the best tasting koolaid and I always drink it.
$50.00 silver won't make any physical long investor rich... In fact the price is 44+ years out of date and may be more.
No, but if you own silver stocks you'll have a handsome return.
Demand has been Exceeding Supply for the last 3 yrs with the noble A.G. Prompting A Futures Play its not Gold but its Industrial Side has Been on the Rise to Compliment the Up Tic in Possible Reserves Adding Gold to Silver !.
Chen❤️
I want to believe the guy. Hopium
Price can't and shouldn't go up straight line...take it easy and wait until $27-$28 to reload. I always trade 30% of my silver position. Once you sell some when it's too loved, you wouldn't care much about its pullback. Make it as a habit and you will be fine. A thought from South Korea.
He predicted it would be 50 dollars by june! Tomorrow is the last day of June and silver has traded down since his prediction!
PAAS 🙂
I wonder what the taxation laws around the world will say if mining companies can pay their shareholders dividends not in cash, but either gold or silver in physical form?
I bet they will change any laws if this ever happened.
Of course any individual could earn tax free dividends in another way-go gold detecting! Ha, they can’t tax what they don’t know;)
dont make silly calls based on opinions which are based on very limited facts.
every decade a new silver pusher ,maby they get paid from the big banks ?
Charlotte, as much as I love your content, I would love to see you wear your hair down for one interview.😮
Yes very important financial comment
Quite nice with hair down
Id like to see her with her top off 😁!
Investors only care about momentum, and momentum gets crushed everyday at 9am, $50 is a pipe dream, maybe in 5-10 years through massive inflation bug that’s the only way we are getting there. There just isn’t enough demand.
You are wrong. Silver is in a supply deficit. The Comex gives the illusion that there is no demand but it cannot last forever.
I would add the historical 70 ag to 1 au is not real life. The mining ratio is 9:1 … also ag reclamation is not effective
WRONG! Gamblers care about momentum. Investors care about fundementals and aren't so short sighted!
Not enough demand? Demand is skyrocketing.
Another one that lost credibility. $60 silver by June was quite a call.
He said silver is 30$. How old is this talk?
I believe it's from late last week, as he also mentioned copper starting to move up, which it also did last week.
@@theastronomer5800 Thank you!
Silver pumper or genuine analyst?. I would sell silver over gold currently. Supply and demand does not really relate to PM price mechanism. It could change if enough new green industry was created, but these technologies are flawed.
This is the same clown that was on Kitco a month ago that swore silver would reach $50.00USD by the end of June, 2024. What a load of bullshit. Can't believe these people. It's a bloody joke mate.
28.75 it's heading lower.
I´ve written it several times - this guy has no clue how far the usage of Silver in TOPCon and HJT Cells has been reduced lately to even less than PERC Modules needed a year ago!!! Take a look at Sundrive,Maxwell Technology or the ABC Cells of Aiko... - they don´t need Silver at all because they replaced it with copper!
There might be a rise in Silver price one day because of political and economic mistrust in our (indebted) monetary system but not because of the solar industry ! This guy is just complacent,ignorant and absolut misleading (June 2024 - $50 ...) and not worth even listening
Isnt it in R&D stage? Show me where i can buy it
Silver is going to continue to be rigged for at least another decade. If you want to buy silver, buy gold instead.
Chen is consistently wrong.
I AM PRETTY SURE THIS DUDE SAID 50 IN JUNE. He has like 48 hours and I will take the bet he has no clue.
If you think gold is a better investment than silver then you are severely mathematically challenged.....
Miss Charlotte I like Chen there was a phantom hand at 17:46 on your video. Cheers
Good observation.
That was her own hand.