- Investor Talk
Cryptos are on everyone’s lips, precious metals seem to be out of fashion. What role does Elon Musk play, who triggered the last buying panic in BTC? A dubious one, at least. The markets have entered a manic phase, driven by momentum buying that has no foundation. This is what the final phase of a trend has always looked like. Despite distractions, silver demand is high and in the minds of many the value of silver seems to be arriving. Premiums on coins are high, while you can still get investment bars. How much longer? The failure of the shorts is bound to happen and the time when you can still buy silver so dirt cheap will come to an end. 0:00 Intro 1:20 BTC distraction from gold?
2:50 Momentum investments are being made with no real foundation
4:30 Elon Musk, first bitcoin is junk and then super?
6:00 A diversionary tactic against precious metals?
7:20 Speculative mania is worse than 2000 and 2008, signs of the final phase
9:30 Big inflows into paper silver
10:25 Real silver is in short supply, not reflected in paper market
11:10 $50 from 1980 is now $800 or more
12:00 Central bank policy and industrial importance strongly favor silver
12:55 High premiums are being paid for silver coins
14:15 Investment bars are still available at little premium
15:35 Paper silver to silver – 185 to 1
16:15 Silver is the investment of the decade
16:50 Silver production is costly, cryptos only cost energy