Leicester On The Rise Of #Silver

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Crypto Talk Radio: Basic Cryptonomics 22 min 2 speakers 8 chapters transcribed
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What is the significance of silver in the current market?

Leister 0:00
The brief smattering of warmth certainly did not last very long, did it? CryptoTalk.fm. My name is Leister. I am your host. Silver is our topic for today. Leister CryptoTalk.FM has been forewarning you for a lengthy period of time to consider precious metals of all kinds that rhymes. But it is silver that we are specifically going to focus on because it occurred to me that some may not fully understand what's happening and why. as well as what it ultimately is going to end up doing from my perspective and it's only my perspective and there are some that don't understand that i have every right to share my perspective because it's a perspective you are entitled to do your own research and encouraged to do so and come with your own perspective whether it contradicts mine or not's not the point that's one two
Leister 1:01
I was given information that leads me to believe that things that I said to be the truth months ago are actually coming and being verified by certain people. Now I don't take a victory lap on this one because unfortunately the consensus has spoken that they don't want to hear that.

How does the silver cash squeeze affect investors?

Leister 1:22
But when I, when this was brought to my attention, And I realized that, geez, these are just some dumb people. They're being duped. And they don't realize how brilliant certain people are that are lying to them, let's say. They're being lied to. And they're taking it on face because it's a sob story. I understand. Some people are not smart enough to interpret behind that. I'm not going to speak further about that because it's not worth it when we see silver going to the moon. To the point that silver became the second highest asset class.

What factors contribute to silver's price suppression?

Leister 2:06
Whether that lasts, I don't think it will in the long. I don't. But for right now, silver is right behind gold climbing the ladder of success. The reason this is happening, there's a couple of different pockets of reasons. I shouldn't put single reason because it's not really fair. A couple of pockets of reasons. Reason number one, everything that's happening international has got people nervous. There's chatter. There's all these collaborative efforts to try to devalue and remove reliance on the United States dollar. The United States dollar goes by another name, paper.

Why is silver considered a better investment than gold right now?

Leister 2:49
That connects to my second pocket paper with silver. For years, did you realize that silver as priced was being suppressed? Not only was it being suppressed, there wasn't really any exchange of the asset happening. It was all being traded in paper form with price suppression. I encourage you to do your own searches and researching to confirm what I'm saying, that the price of silver was fake. 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.
Leister 3:52
Everything that we deal with depends on silver.

What are the implications of a potential silver price increase?

Leister 3:55
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
Leister 5:01
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.

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