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Summary
Transcript
I think silver is already at like 102. So 110 is not far off for silver. The new benchmarks on this would be 25k gold and we’re aiming at $1,000 silver. We have been doing this here for a decade since about $12 per ounce on silver. And now, after we finally got to this benchmark of $100 silver, of which some thought we were never going to get to, some windows open up here. Now what’s going to happen is one of two things. This is going to take off parabolic off the top, tied in with world events, which would largely be economic things surrounding Trump and his announcements and war.
Especially war. If big war breaks loose, which is bound to happen here at some point, these metals are going to run even higher. And you wonder why they’re where they’re at now, it’s because it’s been non-stop war or threats of war, rumors of war. And this is driving the precious metals. Other markets are dumping out because they’re not solid. It shows what the two true safe haven hedges are here in a time of crisis. We have China shattering records. Just the charts are through the roof. Everyone is gobbling up as much gold and silver as they possibly can right now.
And the banks are in a bad position because they’re short. They’re short a ton of ounces. The paper market’s going to go. And when it goes, the price has to catch up with the rest of the world, which has been trading well above $100 in terms of the silver here. So gold is the driver. Silver got a lot of catching up to do. And here where it sits, if you were to look at an even ratio, they say silver should be already at around $140 right now. Compared to the 5,000 per a couple of the guys out there that run these numbers.
But silver’s got a lot of moves to make. Copper as well. Any of these metals you can get your hands on. Get in on the dip. And if it doesn’t go parabolic, the only other thing you can do is pull back. And we welcome that because that’s going to be a chance for people to get in potentially here within the next few months. If there’s any big pullback, you have to take advantage of that moment because you just don’t know what’s going to happen here. People that were waiting for pullbacks at 50 and 60 and 70 and 80, they never really got it.
We just cracked 100. So average yourself in and good luck out there. The next benchmark, like I said, 25K on gold, 1,000 on silver. I will continue to update and follow me on X as well. Live updates getting kicked out there. Enjoy me for the live shows Monday, Wednesday, and Friday, 8 p.m. Eastern, right here on W7-7. Much love, y’all. [tr:trw].
