Terrence Howard
π€ SpeakerAppearances Over Time
Podcast Appearances
Silver here, you know, for whatever amount, even if it's $71 here.
And then you go over to China and you sell it, you know, for the $88 that was marked over there.
Well, now that arbitrage, they're not playing with that anymore because there's no silver in the ComEx.
And we use over 1.2 million ounces of silver in all of our electronics.
You know, 20 grams of it in solar panels, 50 grams of it in every electric vehicle, in every computer component.
And there's only 851 million ounces being produced a year.
And most of our silver is coming from byproducts from gold mines, from lead, from zinc, from copper mines.
We only get about 20 percent of our silver from actual silver mines.
And China is hoarding it.
And out of nowhere, J.P.
Morgan, who has been fighting against silver all this time, now they got 750 million ounces of silver.
And it's necessary for all of our electronics.
So silver has the potential now to go up to being worth thousands of dollars.
It will become more even with gold.
I think it's like 30 to 1 now.
Or sometimes it's at 50 to 1.
Now it's going to get up to about 13 to 1.