Leister
๐ค SpeakerAppearances Over Time
Podcast Appearances
When you see gold in the $4,000 range and silver is in the two figures, remember not that long ago, silver was $40 an ounce.
compared to gold's $4,000 an ounce.
Didn't that seem kind of suspicious to you because you probably took that and said silver ain't worth a damn when the fact is conductivity adds value to silver.
Everything that we deal with depends on silver.
All of the electronics that you use to some degree depend on silver.
Silver has one of the strongest utilities of all of the precious metals, yet it has one of the lowest prices.
This is a long time coming.
We now are accounting the third pocket.
the squeeze what is the squeeze in order to explain the squeeze cleanly i want to help you understand what happens due to this paper and the chaos that is the paper and it was the precursor to what we now see what we see is the supply
of silver just the availability of physical silver what's going to end up happening is it's going to be less available there's always minting i'm saying it's going to be less available there's going to be a supply constraint the supply constraint there's demand that's here now
The demand, when you couple that with a supply constraint, almost always, not always, but almost always contributes to a price appreciation.
Let me break that down.
How this crunch, this squeeze really works.
We see ultimately international is taking over with respect to precious metals and their control of the precious metal market.
A lot of the banks that were suppressing the price of the precious metals exist in the Western countries, including the United States.
There has been all sorts of countless legal actions taken for this manipulation of that market.
Because in their mind, if silver's price were where it really should be, it would put a strain on everything.
And they want to try to control it.
We understood that.
We understood how it worked.