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 you're watching silver News Daily subscribe for more it's it's really you know what the craziest part of it is to me dun again is that if you would have told me that you know gold was at 3,000 bucks let me look at the Futures here real quick um and silver over 34 let me just see what the the Futures are here real quick of course my computer never cooperates when I'm asking to so the Futures on Silver are up to 3463 and the Futures on gold are at 3,39 you know if you would have told me

that that'd be the case and there's virtually no mainstream media attention I would have said there's just no way that that can be the case I mean my entire career gold of 3,000 people would have said you're crazy I remember when Jim Sinclair said gold would hit 1650 and he was called um you know he was looked at as as being um you know crazy there's no way gold could be 1650 this is when it was four and 500 so to see it at over 3,000 to close it over 3,000 to breach that level and and

really not to see any acknowledgment of it is is really shocking especially with what's going on in London and New York silver is standing on the edge of a historic eruption and almost no one is ready for it andyman's prediction of $45 silver by April isn't just a bold claim it's a warning shot gold has already shattered records soaring past $3,000 but silver it's still sitting in the shadows waiting for its moment and that moment could be just weeks away for years the lbma and Comics have

controlled Silver's price with a mountain of paper contracts Promises of silver that don't actually exist but what happens when the world demands real metal not IUS what happens when invest wake up to the fact that paper silver isn't backed by enough physical Supply the answer is simple a market earthquake central banks billionaires and entire nations are scrambling to secure hard assets draining vaults of physical gold and silver at a record Pace meanwhile industrial demand is surging with

Silver's critical role in Technology Energy and defense making it more indispensable than ever yet Supply is dwindling mines are struggling and then cracks in the system are growing wider by the day if history has taught us anything it's that silver doesn't move in slow steady steps it moves in violent surges in 1980 in 2011 silver exploded seemingly overnight shocking the markets and leaving unprepared investors behind and this time the the forces at play are even bigger so is $45 silver just the

beginning or are we about to witness something far more dramatic Stay With Me Because by the end of this you'll see exactly why April could be the most important moment for silver in decades forward contracts you can't purchase Futures contracts from New York on the lbma and so it's drying up the liquidity in London where they would use a lot of the banks would hedge their positions in London with forward contracts derivatives paper remember in London right now there's 200 roughly last week

I don't know it's probably a little less now but 279 million ounces of gold in London only 36 of that is available for delivery the rest belongs to ETFs in the Bank of England and that's standing behind 380 million ounces in outstanding spot contracts 11 times nearly the number of contracts issued versus the amount of gold issued and in silver it's very similar roughly 270 million ounces of silver is all that's available of the 800 million now it's under 800 million like 770 780 because we saw 85 to 90

million ounces that's what comx is on track for to be delivered for March of silver come into comx almost all of it coming from the lbma and so all of and and when you talk about 290 million ounces and and there's available yet they're trading 2.9 billion ounces of silver again a 10 times the number of contracts standing behind the uh or the metal standing behind those contracts 10 times the number of contracts to me what it really speaks of is the lack of trust in the lbma system that no one trusts

that they'll be able to deliver anymore and they're trying to tell us that it's a lack of it's a logistics thing it's a lack of trucks and a lack of Manpower uh I think they're realizing that the exchanges are being bled dry and maybe now maybe now what we see is Cox trying to distance themselves gold has already made its move breaking past $3,000 and grabbing Global attention but silver silver is still the sleeping giant waiting for its moment and history tells us that when silver finally wakes

up it moves with a force that leaves everyone stunned look back at every major gold rally and you'll see the same pattern silver lags behind at first seemingly ignored only to explode past expectations when the market finally catches on in 1980 gold surged and silver followed with a 900% gain in just months in 2011 Gold hit record highs and silver rocketed from under $9 to nearly $50 the same setup is forming right now but this time something is different gold isn't just Rising it's being

hoarded by central banks at the fastest Pace in history nations are moving away from the dollar stockpiling gold as a hedge against economic turmoil the last time we saw this kind of accumulation silver wasn't just an afterthought it became the go-to asset for those who couldn't Ford gold and here's the key silver isn't just an investment metal it's also an industrial Powerhouse as gold makes headlines Silver's demand is quietly accelerating in the background driven by a surge in

Technology Energy and Manufacturing this isn't just another cycle this is the foundation of a historic silver super cycle one that could see prices rise to levels we've never witnessed before so if Gold's breakout is already happening what does that mean for silver and why is the timing of this surge more critical than ever stay with me because what's happening behind the scenes at the lbma and Comics could be the final trigger that sends silver into overdrive that's not a good thing so yeah and and

a lot of the banks who would hedge their positions would do so with unallocated contracts in in London so you know you take these these massive Shore positions and then try to hedge it with unallocated positions in London that that's you know that's that's not a good thing it's going to in my mind start to really emphasize physical markets versus Futures markets and that's something that none of us would thought would have ever happened now you know I guess we'll find out but it's not just the United

States I mean we've seen lond uh in in um uh in India in in January and February 44 million ounces of silver uh delivered to India on top of all the silver they've been buying over the last four years so you know we're seeing China buy massive amounts of gold as well and and that's been well done documented uh uh China has purchased what have they purchased uh let's see I think I have that number central banks have purchased almost 1,200 tons in um uh in uh 2024 alone so I don't have the

exact numbers that China has purchased but it's an awful lot and look the bottom line is is that physical demand dollarization alternative exchanges these things are all happening in real time and all at the expense of the lbma and it appears as though I mean if you take a step back and and you look at it you know they throw out the idea of tariffs which really don't seem what it is to me and and which allowed for all of these exchanges of of of for physical with fungible uh comx contracts into

London and the metal was flowing and and then it I think they they're starting to realize that this is deeper so then they come out and say well it's not a t+1 anymore it's t plus 8 weeks this is a big deal and um it's a big deal because the banks that have been suppressing the price forever may just have lost the ability to do so easily anymore because they're not going to be able to offset these positions in London with massive uh unallocated positions when you have all these entities standing for delivery

People's Bank of China has uh has added 600 tons of gold in 2024 that we know of probably a whole lot more not to mention what they purchase but you know this this heavily unallocated paper gold to physical ratio Market is breaking and um you know when you realize HSBC Scotia Bank JP Morgan they depend on these derivatives and these unallocated uh this unallocated gold to hedge their positions they're not going to be able to take these massive naked positions anymore these positions that

have allowed them unabated to manipulate the market because as I've surmised for a long time there are entities starting with the bricks and now the United States that are getting wise I think to just how important physical is in a in a game that's rigged um you know when when you see Jeffrey gunlock come out the bond King saying you know $4,000 gold is easy and in the cards uh you're beginning to see a lot of bigname people understand exactly what's happening and you know $3,000 gold if we see these

Trends continue will will be a distant memory and I don't really talk that way but it just seems as though these are the kind of things that could certainly push gold a whole hell of a lot higher for decades the lbma and comx have been The Gatekeepers of the silver market controlling prices through an ocean of paper contracts but that system is now Under Pressure like never before the cracks are showing and when they finally give way the silver market as we know it could collapse overnight here's the truth there's far

more silver being traded on paper than actually exists in physical form the lbma and Comics operate on a fractional Reserve System where Banks and institutions issue contracts representing silver they don't have keeping prices artificially low this has worked for years but now a tidal wave of physical demand is threatening to expose the illusion just look at the numbers silver Vault Holdings are draining at an unprecedented Pace investors and Industrial buyers alike are demanding delivery forcing these institutions to

scramble for actual metal and with silver production struggling to keep up with demand it's only a matter of time before a major default occurs if the lbma or comx fails to deliver confidence in the entire paper silver system could shatter instantly and when that happens we won't see silver creeping higher in slow steady increments we'll see a violent repricing as the market rushes to correct years of suppression so how close are we to this Tipping Point and what happens when investors realize that

holding paper silver could mean holding nothing at all the rush for physical metal is already underway and once it reaches critical mass there will be no turning back not as bad as it was in Gold it was up to 84 bucks an ounce at one point silver certainly it was bigger but you know if you look like for example right now uh in China as an example when you talk about Arbitrage silver today was at 30 last night was at $35 an ounce in um spot in in Shanghai so there is arbitrage around the globe but not as as significant as it was a

few weeks ago um you know because it's becoming too difficult to get it there so I think that that that Arbitrage uh which would necessitate some form of expediency in getting the metal sent this way when you're talking eight weeks delay really worth the effort but now that these contracts are are being stopped uh I think that this is something that um is going to start to perhaps put great strain on the physical Market perhaps could put a run on the lbma and really start to shift price

setting and and and Global uh awareness to other exchanges in particular Shanghai Dubai Moscow we've talked about this now is this the beginning of that well it sure looks like it could be but the United States is now prioritizing delivery over paper uh which is something wholly completely different almost all the gold that has come over the 25 million ounces or so almost all of it has already been delivered so if this delivery continues you'll see strains on comx as well all I can tell

you is that whatever is happening in London it it it's the beginning of the possibility of an existential event for some of these banks that are massively short if they get uh you know copious amounts of of of delivery requests uh 10 times the amount 11 times the amount of paper versus gold that that's a situation I certainly would wouldn't want to be involved in if I was a board member of One of these commercial Banks the race for physical silver is already underway and it's accelerating at a

speed That Wall Street never saw coming across the globe investors industrial Giants and even central banks are scrambling to secure real metal not paper promises the supply squeeze isn't coming it's already here look at what's happening in major vaults registered silver inventories on comx have plummeted with stockpiles being drained at an alarming rate the lbma is in the same position seeing its physical reserves disappear as more buyers demand actual delivery and unlike previous Cycles this isn't just a short-term

Trend it's a structural shift in the market but here's the problem there simply isn't enough silver to go around Decades of price suppression have discouraged new mining projects leaving Global silver production stagnant meanwhile demand is exploding with industrial use at record highs and investment demand surging the result the premiums on physical silver are soaring and the disconnect between the paper price and real world availability is widening fast for those still holding paper silver this should be a wakeup

call if the system fails to meet physical demand contracts could become worthless overnight and once that realization spreads the rush to secure real silver will go from a steady climb to a full-blown panic so what happens next the answer lies in one of the most overlooked signals in the market the gold to Silver ratio this historic indicator is flashing a massive Buy Signal for silver and when it corrects the price surge could be unlike anything we've seen before everything has come down the the

the ask price on on pre-65 Silver is as low as I've ever seen it uh in reality and so you know during the pandemic the premium on pre-65 Silver was off the charts it it was higher than everything but silver eagles um part of me believes that there will be an Awakening by the public I mean the fact that we haven't seen it yet is astounding to me the fact that that we've gone to such a culture of greed where you know a 30 40% rise in gold is not sexy enough where 9 and a half 99.9% per year for 25 years is not

sexy enough the fact that you know the central banks have been buying it hand over fist is not sexy enough the fact that we are now a net importer is not sexy enough and it's not Bitcoin it's not Nvidia um it's not Apple it's not Rison but quietly the the tortoise seems to be pulling out ahead in the race and yeah there'll be an Awakening at some point and you'll see premiums on things like junk silver go straight to the Moon again simply because it can't be uh reproduced but when you start to see

things like we're seeing where exchanges are being bled dry of their thousand ounce bars and central banks are being told 8-week delivery delay and you know 100 45% of the London float delivered in the last three months uh these things are getting real and I've never seen anything even remotely close to this and it's hard trying to take this information and and discern what is really happening and I don't profess to really know but simply to take all of the the the pieces and put them together

and say yeah this could actually be what they are doing and I've been talking about this now for a few weeks and it keeps happening more and more things are happening that would say gez that's supporting that argument quite nicely so you know done again yes I think that silver certainly look we're we're right at 35 almost there we're just a little bit below 35 on the Futures you get above 35 there's virtually nothing there to stop it between it and 45 and then the sky's the limit now if is that going

to happen well every time you know when Rick rule comes on and I've said it a million times too we haven't been really right yet but we it was in the past and that is gold really leads the way silver languishes but then on a percentage basis slingshots well you know silver has been acting quite nicely the last few days could it bust through this resistance level you see how much silver is being exported out of London and imported into India in the United States and and China and now Russia we talked

about China buying all the Dory in the concentrate they're the second largest prod the gold to Silver ratio is flashing a warning that few are paying attention to but those who understand history know exactly what's coming right now the ratio is hovering at extreme levels meaning silver is historically undervalued compared to gold and every time this ratio corrects silver doesn't just rise it explodes let let's break it down the gold to Silver ratio simply measures how many ounces of silver it

takes to buy one ounce of gold historically this ratio has averaged between 40.1 and 50.1 but today it's hovering near 80.1 an anomaly that has only occurred during times of extreme market distortions and here's the key every time the ratio has reached these levels silver has responded with massive gains look at 1980 the ratio dropped from 80.1 to 16.1 as silver skyrocketed nearly 900% the same thing happened in 2011 Gold moved first and then silver shot from under $9 to nearly $50 bringing the ratio back down now with

gold pushing record highs above 3,000 silver is once again lagging behind but history tells us that this won't last for long what makes this time different is that the forces driving the correction are bigger than ever before we're not just dealing with speculative of demand silver is facing an unprecedented Industrial Supply squeeze and central banks are shifting their strategy once the ratio starts to collapse silver will enter a phase of rapid repricing and those who wait on the the sidelines could be left watching

as prices surge past all expectations so what's fueling this coming breakout Beyond just investor demand the answer lies in Silver's critical role in the industries of the future and why an Unstoppable Supply crunch is already underway somewhat nefarious um it was always HSBC Bank I believe HSBC Bank only holds about 2 million ounces of of the entire stock of GLD um you know yeah I mean you could see the price of GLD go much higher just following the price of gold but that's not the way to own it it just isn't and

when you you know people have asked me do you think gold will be confiscated I've said it forever I think they'll take the ETF so if we are indeed trying to reshore all of this gold and you put in essence you know the agent of the US government that being JP Morgan um in charge of the the largest stockpile of silver in the world and one of the largest of gold and none of us can take possession it's just seems like it would be easy if they make this switch instead of confiscating physical gold activating

eminent domain to disclose those funds and give it to the US government um held by you know JP Morgan's holding more gold in their two vaults one in London one in New York than the majority of the G20 countries so I I to me I get nervous when I think about GLD andv as a tool um to siphon a lot of that gold and and to confiscate it and add it to the stock problems and if they really are trying to revalue gold I did a little exercise the other night I took the the total US money supply and took 40% of it and the

reason it's 40 is that look the United States was on a 40% gold back it used to be 100% And then somewhere in the 50s they passed a law that made it 40% until 71 when Switzerland had gold backing it was 40% when the bricks just proposed their new unit settlement token it's 40% Jim Rickards was talking 40% so I took the money supply 40% of it the total money supply and divided into the amount of gold or divided the amount of gold into it that we supposedly hold that hasn't been audited since 53 and it came

out to over $112,000 an ouns now could that happen yeah why not I mean you're still talking 20% nearly little under of of what uh Bitcoin got to so why not have gold at 12,000 which would give the treasury uh general account three trillion free and clear they would just issue new gold certificates to the Federal Reserve which by the way Federal Reserve does not have claim on any of that gold there's confusion people think that they do they don't the the the um certificates that the treasury more or

less sells to the Federal Reserve or gives to the Federal Reserve as collateral for the money that goes into the treasury general account is more or less guarantee on fiat currency it's not the actual gold which does belong to the treasury but if they revalue it to $112,000 giving it an essence of 40% gold backing in line with where you would probably have to put it to do what Judy Shelton wants to do with backing the treasuries collaring them and redeeming them in 50 years for gold the first thing you would do is reshore it

quietly so as to not let everyone know what you're doing to Silver isn't just a precious metal it's an industrial necessity and demand is accelerating at a rate the market simply isn't prepared for while investors focus on Silver's monetary role a much bigger force is at play an industrial supply squeeze unlike anything we've seen before let's talk numbers the solar industry alone accounts for nearly 20% of global silver demand and that number is only climbing governments around the world are pushing

aggressive renewable energy mandates with billions pouring into solar infrastructure the problem there's no viable substitute for silver in high efficiency photovoltaic cells as demand for solar energy skyrockets so does the need for silver but Supply isn't keeping up and it's not just solar the El elect vehicle Revolution is ramping up with each EV requiring up to 50 g of silver for batteries weering saring and electronic components the rapid expansion of 5G networks semiconductor manufacturing and

medical technology is only adding to the strain every year more silver is being consumed by industry and yet mining output has remained stagnant with Productions struggling to keep Pace the result a growing Supply deficit that's becoming impossible POs to ignore in fact the silver Institute reported that in recent years industrial demand has outstripped Supply by hundreds of millions of ounces creating a structural shortage that won't be easily resolved for decades silver has been treated as a

cheap commodity but that illusion is breaking with the world now dependent on Silver for technological advancement the coming shortage isn't just a financial story it's an economic reality that could push prices far beyond anything we've seen before and yet there's another Major Force driving silver higher one that's been quietly reshaping the Global Financial system central banks are shifting away from the US dollar and their next move could send silver into Uncharted Territory maybe I'm behind the times um

look I I um people give me a hard time for not posting my prices but maybe this is one of the reasons I don't um I'm able to do these things and um to me there are some rare dates 1996 Silver Eagle as an example but most of the back dat coins should be less in my opinion and and I will always sell them that way unless it's a truly special rare dat but this is if if SD one of the biggest best companies in America is at 57 was I stupid to sell them at you know uh a $479 or whatever premium I don't know I

I felt good about giving the guy a good deal so it should not be most of the case in my opinion but maybe I'm missing something maybe I'm just not the best businessman in that respect maximizing how much I can make I mean that's I don't know how else to answer it that's as honest as I can be central banks are making moves that could change the financial system forever and silver is positioned to be one of the biggest beneficiaries for years the global economy has revolved around the US

dollar but now Nations around the world are working to reduce their dependence on it the result a shift toward hard assets gold and soon silver we've already seen record-breaking gold purchases by central banks with countries like China Russia and India stockpiling Reserves at a historic Pace this isn't just a hedge against inflation it's a calculated move to protect against the growing instability of Fiat currencies the trend is clear confidence in the dollar is fading and central banks are seeking real tangible

assets to back their financial systems but here's where it gets interesting silver is poised to follow Gold's lead historically silver has always lagged behind gold in these Cycles only to Surge once investors realize it offers the same protection against currency devaluation at a fraction of the price if central banks begin accumulating silver the way they have with gold the the already strained Supply could be overwhelmed almost overnight and let's not forget the role of inflation as

governments continue printing money and debt spirals out of control the need for hard assets has never been greater investors who once relied on bonds and Fiat savings are now turning to Precious medals accelerating a trend that could push silver into a breakout so with gold leading the charge the lbma and comx under pressure and physical silver disappearing from vaults why is April the moment everything could converge the answer lies in key upcoming economic events policy shifts and market triggers

that could light the fuse for Silver's next explosive move I can see what the differen is between I do know that theirs is typically lower than everyone's and maybe it's because it's delayed um I will tell you that of all right now if you go to All Metals quotes on their page the ask price is 33380 and let me look on my website real quick ours is 3,38 so but if you look at every other one ours is lower than all of them everyone we're lower than JM we're lower than atmx we're lower than money Metals

we're lower than SD these are all fine companies and you're right that each company does have to um come up with their own kind of the Special Sauce it's the switch between the active Futures Contract um and it should be just a little bit I don't know why kios is always lower than everybody's they are um and maybe it's a delayed quote I'm not sure but if you compare ours to every other one out there that I just mentioned let's look for example so right now miles Franklin is not that it

really matters we're at 3,038 so we'll look at some very reputable companies SD bullion very reputable they're at 34290 we look at JM Bullion very reputable they're at 3,4 4748 we look at apmex very reputable they're at 35130 we look at money medals very very reputable they are at 34470 I mean you keep going on ours will be lower than everyone's except Kito and I don't know why they do that the only thing is maybe they're delayed 10 minutes or so not quite sure but against all the other major

retailers you could you could argue and I'm not saying it's not true maybe they're padding that price and making a few dollars on every ounce they sell is it is it theoretically possible sure could it just be that the way that they use or they hedge and do things it's it's different sure so not exactly sure but spot price is always G to should always be within just a few dollars a few of these companies it's a little high I'm surprised atex is a little high but compared to everyone

else but you know they're one of the biggest companies in North America so they're doing something right I don't mean to uh hide from the question it's just that there is no definitive answer when you're trying to get a current spot price and taking the time delay off of the the most active Futures month um it's it's it's a little bit of Special Sauce so to speak but uh I'm happy where we are certainly of all the majors were're we're either number other than

kcko we're the lowest so that that's definitely something that um I'm proud of you know we're not making more than we should I'll put it to you that way April is shaping up to be the turning point for silver a month where multiple forces Collide to create the perfect setup for a breakout this isn't just about speculation it's about undeniable Market mechanics economic shifts and financial events that could trigger Silver's long-awaited surge first we have key Federal Reserve

meetings the FED stance on interest rates has been one of the most significant drivers of precious metals in recent years if policy makers hint at rate Cuts or show further weakness in the dollar it could send gold soaring and silver historically reacts with even greater intensity then there's the growing Global uncertainty geopolitical tensions are rising trade policies are shifting and nations are making moves to reduce their exposure to Western Financial systems every time uncertainty increases

demand for hard assets spikes and silver both an industrial necessity and a monetary Safe Haven stands to benefit on top of this comac silver contracts are set to expire in April and if a flood of investors demand physical delivery instead of cash settlement we could see serious pressure on the already depleted silver inventories if comx struggles to meet delivery demands it would be a flashing red signal that paper silver markets are on the verge of breaking and let's not forget inflation data releases if

inflation remains persistent or accelerates investors will Rush toward tangible stores of value gold is already responded to inflation fears but silver still undervalued by historic standards has yet to catch up that catch up could happen in a matter of weeks the stage is set central banks are shifting Supply is shrinking and investor sentiment is turning but Silver's Market is unlike any other it's small highly reactive and prone to extreme volatility when silver moves it moves fast and understanding the psychology of

the silver market could be the key is staying ahead of the coming surge that's true um that's a fair point in her book she does talk about issuing shorter duration treasuries as as well um you know I I guess I guess uh it's a fair question you know why not just buy the real thing um I would suppose it has something to do with just that that you know us treasuries are tier one uh and gold is tier one so you know maybe it's easier easier to do it that way if all of a sudden gold becomes very difficult to

obtain in those large quantities uh maybe it's easier to buy us treasuries which are are probably more fungible easier traded she also did say that her her uh desire was to see stable coins issued off of the uh the treasury bonds as well which again would facilitate the treasury market just like they're doing right now uh through um tether and usdc and and uh the stable coin issued through um uh what's it called xrp or or Ripple lab so they're all backed by US Treasury so um it's a fair question I

would assume it has something to do with the tier one status and and regulated status for like insurance companies or for Pension funds or those kinds of things so uh maybe they put a a lower coupon on it not a 0% but maybe a diminished coupon and she does talk about issuing shorter duration as as as well so I'm sure there's something behind it I'm not an expert in the treasury market but it is a fair a fair point I would rather own the real thing than a treasury tied to it but I'm sure

that's not always an option for some of these entities the silver market isn't like stocks bonds or even gold it's smaller more volatile and driven by a unique mix of investor psychology and Market forces and when it moves it moves fast understanding this is the key to grasping why silver could go from an overlooked asset to the most in demand metal almost overnight history has shown us that Silver's price surges are often fueled by sudden waves of panic buying unlike gold which is primarily held by

central banks and long-term investors Silver's Market is dominated by retail buyers and Traders looking for outsize gains this creates a cycle of extreme volatility when confidence builds silver spikes hard and fast and then there's the supply Factor unlike gold which is largely hoarded silver gets consumed the amount of silver available for investment is a fraction of what's in circulation this means when demand suddenly Rises there isn't enough metal to meet it forcing prices higher in 2011

silver went from under $20 to nearly $50 in less than a year why because once momentum kicked in investors piled in Han forcing the price into a near parabolic rise the same thing happened in 1980 when silver skyrocketed almost 900% in months each time it wasn't just fundamentals driving the price it was the psychology of a market waking up to Silver's True Value right now we're seeing the early signs of that same shift silver is still lagging gold but as more investors realize the opportunity the rush could begin and

with lbma and comx already struggling to meet demand a silver squeeze could develop at any moment but here's where it gets even more interesting the last time silver ran toward 50 Market manipulation and sudden intervention stopped it in its tracks this time with paper silver markets under pressure and physical silver disappearing what happens if the usual suppression tactics no longer work to me at all and um more often than not there are some back dates that are worth a little bit more but I

just sold a client just the other day he bought 10,000 10,000 ounces of Silver Eagles back dates um which were less money than the current dates and they were all sealed boxes five of the boxes were 2021 San Francisco mint you go look I sold them at the back date price you go look at what anyone is selling 2021 San Francisco mint coins for and if you're listening sir you know who you are I told them I said most companies will be selling these for a lot more in fact let's just look at one company and

see uh s mint silver eagle let's see if what it looks like if anyone has any um so yeah so I mean the 2021s on and there it doesn't say San Francisco it just says type one which these were let me just look at one more and see if someone has the 2021 San Francisco mint Silver Eagle so it it it is a way here we go let me just see what it says real quick so they have them for San Franc oh they don't have any oh here we go uh 2021 San Francisco mint SD is at 28561 that's $7 a coin right silver has

always been the most heavily manipulated metal in the financial system with institutions using paper contracts to suppress its true price but this time the system is under more strain than ever before the question isn't if silver will break free it's when and when it does the consequences could be explosive for decades Banks and financial institutions have shorted silver creating an illusion of abundance by flooding the market with contracts that have no real metal behind them this has allowed them to keep prices artificially

low preventing silver from moving in line with its true supply and demand fundamentals but now cracks are forming in the system the lbma and comx are seeing physical inventories vanish as investors demand real silver instead of paper claims major dealers are reporting delivery delays and Rising premiums signs that available silver is running out if enough investors call for physical delivery at once the institutions that control the silver market could face a crisis they can't contain and this time there may be no

bailout in 1980 The Hunt Brothers tried to Corner the silver market sending prices soaring the government stepped in changing margin requirements overnight and forcing silver into a brutal crash in 2011 when silver surged toward 50d sudden margin hikes triggered a massive sell-off slamming prices back down but now the situation is different central banks are hoarding gold investors are waking up to silver's value and Supply is Vanishing if a short squeeze happens today it won't just be speculators

driving the price it will be the realization that silver is genuinely scarce and if comx or lbma fails to deliver trust in paper silver could collapse entirely at that point silver won't just be reacting to investor demand it will be repricing itself in real time free and free from Decades of artificial suppression but where does that leave those who are still holding paper silver could they be left with nothing while physical silver skyrockets not to be said for owning the americanmade coins

uh the flexibility is second to none um and if knock that off and if we see premiums even approach half of what they were uh during the pandemic and I I can't see why we wouldn't I mean it this this to me tells tell me we're on the heels of some something very big in gold and silver um really do and um if if if stuff is disappearing at the highest level how fast before that that trickles down into this level I mean after all the coins come from the big bars the big bars come off of the comx typically you

know the the uh US Mint will take delivery of contracts and and send them to Sunshine mint for refining into planchets and and then they send them to the US for stamping so um you know uh could that translate into much higher premiums on everything across the board yeah and if things get to where they were um or anywhere even close to it during the pandemic awareness wise yeah I think it's it is the time to do it because nothing corrected downward from its previous Peak the way that junk silver did 11 12

134 over the price of silver Nationwide for two three years and now it's under two bucks over spot I mean it it is a a steal um I would argue that if people had a lot of silver bars those are really the only things that trigger dealer reporting anymore on sell back so if you do more than a th000 ounces at a time so over time you could do that you could trade five six seven 8 900 ounces at a time doesn't mean you're not supposed to do the reporting it just means that we are not required to do

dealer reporting junk silver used to be on that list of reporting in excess of a th000 face when you sell it $1,000 face value but they they got rid of that because it cannot be used to settle a comx contract it's just bars so to me if you own bars and you want to get something far more flexible do it over time if you do it all at once over a th000 ounces you will need to provide a social but you could do several transactions over a period of time you don't want to call us up and say I got

50 bars and I'm not going to file could just say hey I got seven bars I'd like to switch to junk or maybe if you do eight bars which is 800 ounces you can get a full bag thousand face be real close to that I would bet real close to it um and you do that a few times you pair down your bars you move into junk silver which has better upside potential which is way more flexible and there's no dealer reporting some people don't like that dealer reporting doesn't mean you're not supposed to let anyone let

Uncle know when you sell anything uh and make a profit but just to cite the law the law says anytime you trade more than a thousand in bars uh we need your social so to me bars are even better than rounds because the rounds have that utility the bars that's the one knock against them as they lack the utility especially as silver goes higher for years investors have been told that holding paper silver ETFs Futures contracts and other derivatives is just as good as owning the real thing but when the system breaks those holding

paper silver could be in for a devastating reality check the problem is simple there's far more paper silver in circulation than actual physical silver the comx and lbma operate on a fractional Reserve System meaning they issue contracts for silver they don't physically have betting that most investors will never demand delivery this has worked for decades until now with vaults being drained and premiums on physical silver soaring the risk of a major delivery failure is high higher than ever if just a small percentage of

paper silver holders demand real metal at once the system could freeze leaving investors with nothing more than empty promises we've already seen hints of this happening in recent years major silver ETFs have struggled to secure physical silver to back their shares delivery times have been extended and shortages are becoming more common and if the lbma or comx defaults the consequences will be catastrophic not just for silver investors but for the the entire Financial system when trust and paper silver collapses demand for

physical silver will explode overnight the price gap between paper and real silver will widen and those holding physical metal will be in control at that point the only question left is how high can silver go when it's finally allowed to trade at its true market value the answer lies in one key factor price resistance levels once silver breaks through critical thresholds the floodgates could open and the next phase of this historic rally will begin but not as much to me I mean um GLD and SLV are held by JP Morgan and

you know JP Morgan who paid a $920 million fine for manipulating the market and still allowed to run SLV at the time the largest silver trust their desk made a billion dollars that year and they paid a $920 million fine so they they make 80 million get slapped on the wrist and still control these ETFs now controlling GLD um to me it's much easier to take the metal held in GLD andv the delineation being that well you can't take possession of GLD andv you can take possession out of the uh the

depositories if you wanted to really take a stretch I guess you could say the IRAs would be easier to take than than just physical metal held at Brinks but even still you're allowed to distribute that metal it would send the wrong signal it just seems it would be so much easier and cleaner and and and not breaking any laws or violating civil liberties to take G and so you can't take it anyway so desperate governments do desperate things I get it um you can't you can't prepare for every

eventuality but I would be much more concerned owning an asset that tracks the price that you can't ever take possession versus owning the real thing in a in a depository which in essence is a contract between between you and and the entity so could they do it sure it's lower on my concern list by a long shot though Silver's price has been suppressed for decades but every Market has a Breaking Point and when silver finally smashes through its critical resistance levels we could see a

breakout that stuns the financial world the first key level to watch $30 per ounce this psychological barrier has acted as a ceiling for years with silver repeatedly failing to hold above it but once that level is breached the next resistance Point 35s comes into play historically silver moves violently once it clears major resistance and a clean break past $35 could trigger a rush of momentum buying beyond that $50 per ounce is the ultimate test this was Silver's all-time high in both 1980 and

2011 each time the price was artificially suppressed through intervention first by margin hikes then by Massive Short Selling pressure but if silver breaks through $50 this time there's no telling how high it could go some analysts believe silver could finally push toward its inflation adjusted peak of $150 per ounce or beyond what makes this moment different from past silver bull markets the structural shortages the paper suppression schemes are weakening industrial demand is at record highs and

physical inventories are Vanishing if silver breaks through resistance and investors realize there's not enough Supply to meet demand we won't just see a gradual rise we'll see a historic repricing at that point the silver market will be unrecognizable the decades long manipulation could finally unravel and those who position themselves early will be the ones who benefit the most so where does this leave us if Andy sheckman is right and silver hits $45 in April is that just the beginning the final step brings

everything together and reveals why this moment in Silver's history could be unlike anything we've ever seen before um not now no um I will tell you there was a period of time which I can't even believe you know we did the numismatic swap recently which was such a good deal I mean we sold 11,000 ounces pretty quick um I'm happy that there were both of our clients were able to take advantage of that but I do know that some dealers were actually melting um $20 gold pieces down during that period of time like halfway

through last year up through uh the first quarter the beginnings of the first quarter this year um during the Trump Euphoria during the um the Nvidia risk on bitcoin trade where people were selling gold and then they had to come up the dealers had to come up with tens of millions of dollars to buy the 2025 allocations we've talked about that where the beginning of the year we have to spend you know tens of Millions to buy uh all the new 202s Gold Silver and platinum for Canada Australia Austria uh

South Africa us and and UK in all different sizes and that cost a tremendous amount of money so they were melting those down and and you know to come up with credit sell it refiners because they were just sitting there which is crazy you know and it's it's really interesting the way the retail Market has a lag behind the big Traders up on top I'm very very confident that we will see things dry up very quickly um I just it goes that's how it always goes and when you see such a a huge

drive to to accumulate Comax bars and lbma bars and now 8-week delivery delays and all sorts of rumors and innuendo it's just a matter of time before that Finds Its way down into into the retail space and uh a market that I still think before the Music Stops will be defined by inability to readily Source cheap product but no I don't think they're doing that quite yet uh I mean I guess you could say it's not a horrible idea because you know um there was a point few months ago where our cost was

a little bit below spot you know and then sell it to the public for next to nothing um but that was kind of indicative of of it you know not having any demand at all so it's not entirely possible we haven't done it I'll tell you that much silver isn't just on the verge of a price breakout it's on the edge of a financial Paradigm Shift Andy sheckman prediction of 40 of of silver in April isn't just about one price Target it's about the larger forces converging to expose the truth

about Silver's real value the collapse of the paper silver market the depletion of physical inventories and the growing demand from both IND industrial and monetary sectors are creating a situation where price suppressions simply can't hold any longer Gold's surge past $3,000 was the first warning sign now silver is preparing to follow just as it always has but with even greater intensity when silver moves it moves fast and the moment investors realize that holding paper silver may leave them with nothing while physical

silver skyrockets the Scramble for real metal will accelerate beyond control the lbma and common are already running on fumes and if their systems fail Silver's revaluation will be instantaneous could $45 silver in April be the first Domino to fall if history repeats itself and if the gold silver ratio collapses as expected this might just be the beginning of an even bigger move if silver finally breaks free from Decades of manipulation we could be looking at triple digit silver prices for the first time in history the

financial world is changing and those who see the shift before it happens will be the ones who benefit most the only question left is s will you be ready uh s to make sure to stay ahead of the game subscribe for more updates and let us know in the comments where you think silver is headed next and remember this isn't financial advice always do your own research and consult a professional before making any investment decisions