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“So 10 year, 5 year, 3 year, 1 year, 6 month, 3 month, week, and day, silver is vastly outperformed gold. So I don't think that's cherrypicking. If you look at every period that standard charts show price action on, silver has been vastly outperforming gold.”
“But the narrative, it's not the just the narrative. The facts are different now. We are in that structural deficit.”
“Whether there is or not, in the end now we're going to get destruction, i.e. product will not be manufactured or will not be imported into the US. So the retail market will tighten and premiums will rise.”
“I don't think these past methods of predicting movements really are going to be much of a guide going forward. It's like saying you can drive your pickup truck in reverse using your mirrors. But when the road behind you suddenly isn't a road you don't know, and there's bends and twists and turns, it you can't do that anymore.”
“As soon as the industrial users get a whiff or a notion that they may not be able to get the silver on a just in time basis, they're going to buy one months ahead, two months ahead, 3 months, 6 months. There's going to be a a rush long before the cupboards are bare. They will instantaneously get stripped out by industry.”
“Absolutely. I mean, unless you're day trading or week trading or you're using cash that you might need in a hurry, silver is still the still the play more upside. It it's a metal that is disappearing. We we're consuming it. You know, technically it still exists, but it's not in a form in landfill.”
“I think gold can be increased in supply mine supply a lot quicker than silver can. It's a bigger incentive if you're all in sustaining costs are $800 an ounce. And it it seems to be more diversified around the world, gold mining, whereas silver, I mean, woo, 25% out of Mexico.”
“If there's any people in the mining industry who understand the full spectrum of producing gold I think gold can be increased in supply mine supply a lot quicker than silver can. Um it's a bigger incentive if you're all in sustaining costs are $800 an ounce.”
“Is isn't Mexico on a shutdown today? I don't think any mines would be operating today. So, that's today's production lost. Well, what if that goes on to a week? By the end of the week, we could have lost 25% of the world's silver production.”
“It's overtaken the dollar as central bank reserves now... US's largest export for the last two consecutive months has been gold. That tells me we are in a rapid decline where the big money, the people who are connections have decided no, it's gold, it's not dollars.”
“There's of course a lot of talk swirling and has been for several years now about central bank digital currencies, a digital dollar and them trying that as kind of a way to slow down a potential transition back to sound money. ... Oh, no. Absolutely. This is going to happen.”
“This is going to happen. The digital dollar and why the digital dollar will be introduced i.e. we will go completely digital and then he explained that not all dollars will pass through into the new digital dollar system. So straight away you can instantaneously decrease velocity. You can freeze a run on the banks.”
“responded by saying not only will the tariffs remain in place, we're going to up the global tariff to 10%. Then he came back and said 15%. Feels like just out of complete spite.”
“So, what the effect is doing, this is destroying American businesses who import goods because there is no textile industry in the US. He can't go to Dupont in Tennessee.”
“And if a hot war does indeed break out, do you think this puts a geopolitical risk premium on precious metals? Absolutely. Yeah.”
“So, what's the antidote? One of the antidote for storing personal wealth is the precious metals because it's impossible for those to be um hypo well physically reproduced. They can't be typed into existence.”
“We are having an exponential increase in jet engine manufacturer... This is where about 78% of the world's uranium goes into that one use making jet jet engines. Also with the ever rising uh construction of data centers a lot of them their preferred choice of power is the uh gas fired electricity generating stations.”