Is the Silver Squeeze Preventing a Silver Shortage?

Fascinating take on this..

It's like filling a barrel of water with a hole at the bottom. Too big of a hole and the barrel will empty so being able to control the hole size is key to keeping the barrel with water. Any business that sells all its stock will not have a business without a steady flow of new stock. Higher premiums will slow down the depletion. I don't think there is a silver shortage, I think it's like the toilet paper deal in 2020. They just bumped up production and had it back on the shelves.

it has to do with the printing of FIAT money!!

I think that it did hurt instead of help. Great video 👍

That the silver squeeze failed is a fact. The high premiums on silver are a big reason for myself to buy more gold or 90% silver with low premiums. I think your opinion is correct that the squeezers made the premiums go higher and at the same time they made buying silver because of the higher premiums less attractive. So they did not only failed, they also screwed us all ...

I do miss the days of the $0.69/79 over spot. The sky rocketing premiums on silver were my incentive to move over to gold and put more into other investment vehicles. As for a shortage, I was looking at the new tech being developed for the solar industry, being a significant user of commercial silver in the manufacturing process. With the newer tech, less silver is needed, and some are working to get away from it as much as possible, using aluminum or less expensive metals. That could have a good impact on what was one of the largest industries using silver as part of their process. Personally, I still look at precious metals as a good padding for investing, but more so as an offset and protecting assets. A newer investment option may be in the GoldBacks, which have the potential for actual alternative currency during economic down-turns and the falling confidence in the fiat currency system. As for crypto, I might set up a farmer set or so, but still don't really trust a completely virtual monetary system. That's just a personal opinion though. Many have done very well in that market, and more power to them.

I definitely paused silver stacking this year due to premiums, and 90% of my stacking in 2021 was gold.

love to watch your channel

I buy twice a month, no exceptions. Seems to be working.

GREEDY DEALERS !

Yeah premiums could be high to restrict silver buying or maybe it’s just good ol free market idea that premium is high and people still buying so we’re making more dollars per ounce and will continue to do so until people stop buying at high premiums.

Yes but for now I’m holding

100% but if everyone know what was about to happen..... they would keep buying now

Agreed, high premiums keep a lot of people from buying silver but it will straighten out. Many can't play the long game that comes with stacking silver....

From personal experience: the US mint products released in 2021 (redesigned eagles & Morgan and peace dollars)sucked up a lot of stacking cash and therefore eased up some demand issues plus outrageous premiums on retail products. Making a list & checking it twice!😀 – ✌🏻❤️🇺🇸🥈

I haven’t been buying because premiums are too high.

I think the premiums are still high because a lot of people are still buying silver. If it slowed those premiums would’ve dropped. The demand is still there for silver.

I don't now, I'm buying a 5 Oz. bar of silver and a 1/10th oz. of gold from MMX every month and it arrives every three months just like clockwork, so...............?

Could it be that premiums will be the only thing that rises or rises constantly as shortage becomes reality! Premium might be the new measurement

Spot on!! I do believe premiums are preventing a squeeze. At the beginning of each year, I make a goal to buy a certain amount of gold and silver, and due to the high premiums I'm no where near reaching that goal. I refuse to pay over $6 for gov't issued coins and $3 over generic, when I used to pay way less not that long ago

Ok, well yes. If premiums went down I'd be able to afford more silver. So I'd technically be buying more.

I think the high premium ASE's are an american scam thing. Too few companies have access to the product and too few are volume retailers. The high premiums are a result of the few retailers and wholesalers telling the US Mint what to do so they can capitalize. This is not pure capitalism. It's like banking where gov. only does business with a select few and supports massive amounts of middlemen making money for producing nothing. I should be ordering direct from the mint.

I am an ignorant newb and don't know if there is worldwide access to ASE's from foreign wholesalers. It's a pretty coin but my Maple Leafs are nice and shiny too.

Yes

there is no silver shortage.... it's a myth, there are so many tonnes of silver... WSS is just too small a group to push the market! Dun waste your efforts, apes.. time to wake up..

Definitely not interested in BU Eagles that are pretending to be a premium coin.
crAPMEX was acting like the US Mint, but I didn't see the "deals" for what I was interested in.

The high premiums are a deterrent and I think that is all the "silver squeeze" managed to give us because they don't understand that paper silver really isn't as connected to physical just like fiat currencies aren't equivalent to real money (silver and gold).

I have never seen silver rounds for 75 cents over spot ever. Could you please show us some silver exchanges that were selling for 75cents over spot before February 2021.

I have never seen silver rounds for 75 cents ever. Could you please show us some silver exchanges that were selling for 75cents over spot.

Fact is they are not making anymore constitutional silver. So that is a true "reality shortage" concept within a pre conceived conspiracy run silver shortage. The dealer man of the dealer man of the dealer man has it all figured out. I'm going high end concept My "sovereign Rounds" stacks buying 9999 argent silver coins and bars, all backed by well known sovereign nation mints. High end buffalo rounds from well established recognized USA mints. large bars from well known Swiss and Italian Mints including ASSAY certs. That all builds a providence and quality of stack..You can still go cheap you just gotta spend the time one at a time etc. Why risk all that cash on all sorts of rounds when you can buy real dollar value coins for $1 more than rounds over spot. currently maple leafs are on the cheap..the 2 OZ coins are on the cheap as most want 1 oz..all cool and LEGIT for the long haul generational stash... Example .. Yesterday LCS visit ..Purchased 2 oz Canadian werewolf and a 2 oz KRAKEN for 55..00 each in a 22.40 spot market..thats really cheap $5 per oz over...

I wouldn't be surprised if that's the case. Because of the high premiums they prefend that there will be a silver shortage and they still make their money. Good point!!!

Just keep stacking. I'm still buying but not as many ozs as before.

Comex is fraudulent and don't have the silver they claim.

Yes premiums are outrageous. I feel like bullion dealers are biting the hand that feeds them the layman stackers. Plus there were some stacking channels that promoted the squeeze.

Manipulation of price silver and gold is just like cryptocurrency in stocks the Rich the ultra Rich manipulate the price always has always will and before I buy pay 10 $12 over spot for silver eagles I'll buy low mintage coins for that over spot that only make 10 to 20,000 worldwide and I'll never buy a silver round or a bar for that kind of over spot absolutely ridiculous but that's just one American Patriot talking

I am buying silver but would like to find some 90% at a good premium. We have no local dealers in my area?

Guess it depends where you are . For me many shops are out of silver or are gone once in ,sadly

The premiums are the company way to make money if they can buy at spot in bulk and sell with high premiums the company makes a lot of money and has plenty of money to buy more next time the problem will become if the companies can’t get the silver remember the us mint couldn’t keep producing at that level also silver being a industrial metal the price is limited to how high it can’t go or all companies cant afford to stay in business

Stop selling back to the dealers &/or lcs'. Sell amongst the community, in any form in person & online. Just keep it out of "their" hands.
Watch what will happen to spot when there's no product coming back to them🤔😭😅

That is a good idea , I think you are right. Even with the high premiums, the US mint illegally stopped producing silver Eagles for the rest of the year. I still have been buying.

Good morning and I hope you and your family are well another very interesting video in my opinion about silver me and silver stackers like yourself we are just pawns the silver mining and Industry what relies on Silver in my opinion controls the price of silver and speaking for myself I am just happy to have silver but in the long run it will go up in value love and best wishes from England PS keep saying it as it is it is impossible to please everybody