you're going to get inflation running at far higher levels than the current level I personally think that um this is something which uh is going to be exacerbated even further because foreigners it just so happens don't want um any more dollars and the fact that silver is outperforming gold really dramatically is a reflection of the lack of liquidity relative to gold in the silver market this tells me that this is a best squeeze even though gold is close to all-time highs I mean this is bizarre

um in other words the system the bullan banking system has been caught with its pants down um you know this is something which I think could well develop into um a crisis for one or more of these bullan PS you're watching silver News Daily subscribe for more Silver's looking pretty hot right now demand is skyrocketing due to its key role in Green Tech like solar panels and electric vehicles and with Supply not quite keeping up prices could really go places plus with all the market ups and

downs silver is shining as a safe investment but why is silver so crucial and what could drive its price even higher Alistair M has some compelling insights that might just change how you view this precious metal stay tuned to find out more attributed to uh the decline in uh bond yields um the expectation that interest rates will uh start falling later on this year all that sort of stuff takes pressure off the banks and so the problem is gone away sort of thing but there's signs that this is coming back um we see that

bond yields are generally Rising again um they have yet to get to the levels which we saw last October I mean the US Treasury 10-year treasury for example I think just touched 5% last October we fell to around about 3 and 3/4% and currently we're looking at what 4.58% something like that so you can see that they're on the way back up but perhaps not in crisis territory yet the interesting one is uh the Japanese government Bond the 10year um uh the bank of Japan has tried to sit on um yields there and to stop them Rising um

their target believe it or not was 0% so it's now 1.08% um as as as we do this interview um this is the highest it's been since 2011 so you can see that this is putting a lot of pressure on um a system where um there is an awful lot of debt whose value is falling perhaps not quite at the pace we've seen in other jurisdictions yet but it is definitely falling it's undermined completely the um Bank of Japan's balance sheet uh I think also um is creating problems for zombie businesses because when you have

ultra low interest rates and businesses take advantage of it um they don't actually think that at some stage these rates are going to rise and they're going to have to refinance um that is now happening in Japan it doesn't sound dramatic to us the idea that um uh Sor a major corporation uh you know has found that uh the rate has of of borrowing has risen by 1% but bearing in mind that's probably risen from a quarter of 1% when interest rates were negative to currently 1 and a half% this is

beginning to have a pretty big impact to really grasp why silver is on such a hot streak right now we need to take a quick look back at its historical Trends over the years silver has seen its fair share of ups and downs historically periods of high demand have often led to significant price increases remember the silver boom in the late 1970s prices soar due to a combination of high inflation and Market speculation fast forward to 2011 and we saw another Spike driven by investor demand during economic uncertainty these historical

Trends show that silver has always been a go-to in times of Market instability and now with the world pushing harder towards green technologies and clean energy silver is once again in the spotlight this time it's not just about investment it's about real world industrial demand driving up its value and that's what makes the current situation so unique and exciting for investors you know 40% of the banks went bust um this was very very serious and you know not only America but the whole world was driven into a depression

as a result uh of um these trade tariffs because you know when America introduces a smooth holy Tariff Act other countries roduced their tariff acts you know in response it just it it completely screwed American industry importing stuff you know sort of if you like um you know vital components for manufacturing um you know the tariffs jacked up their prices as well I mean the whole thing was just complete nonsense we are going down exactly the same route I mean the things are slightly different admittedly this is

attack against China but it will spread around the world because other countries uh like the EU uh will not want China to dump EVS into uh the EU so they're going to raise their tariffs as well so you can see that this is something which uh becomes a tariff War China herself is bound to start raising tariffs against American Imports into China as well and then consider the position of companies with Supply chains going into China like um um you know like apple for example all the iPhones and stuff manufactured

in China what's that going to do it's I mean it's going to kill these businesses completely now I haven't monitored the share prices of these businesses but you know if they haven't really gone down um then as this works through they will be very very badly affected so um this is the ridiculous thing what it does is it drives up prices it drives up prices from the uh production cost end and um either businesses uh manage to get the prices to stick or they go out of business so what does the government

do with big businesses start going out of business because of these tariffs they will merely support them and they will merely support them because the banks will go bust as well if um these you know if large manufacturers in in America are allowed to go bust because of these damn tariffs so the whole thing is uh absolutely crazy the consequence is that not only will you see from the monetary end the de the debarment of the currency basement of the currency driving prices up but also from the Tariff end you'll see them being driven

up as well today Silver's demand is being propelled by some of the most transformative Technologies of our time at the Forefront our solar panels and electric vehicles both critical to the global ship towards renewable energy and a Greener planet solar panels in particular are a huge consumer of silver every Foo hoval take cell used in solar panels relies on Silver for its conductive properties with the solar energy sector growing at an unprecedented rate demand for silver in this industry alone is set to soar

similarly electric vehicles EVS are another major driver silver is used in the electrical components and batteries of EVS du to its excellent conductivity and resistance to corrosion as countries around the world push for greener Transportation Solutions the production of EVS is expected to Skyrocket further boosting silver demand Beyond these Silver's role in electronics cannot be overstated from smartphones to laptops and the burgeoning field of 5G technology silver is a critical component the electronic scepter already

accounts for a significant portion of silver consumption and this is only expected to grow as our dependence on advanced technology increase so what does all this mean simply put the growing industrial demand for silver particularly from these high-tech and Green Tech Industries is creating a robust foundation for its Market this isn't just speculative demand it's a real tangible need that's likely to keep rising and with Supply constraints coming into play the stage is set for some potentially significant price

movements in the silver market on the viability of these businesses so the bank of Japan I think is um on the verge of having a developing crisis um I don't think 1.08% is quite enough to tip the whole system under but um there is no doubt that the um uh the yield is rising and will continue to rise if you look at the Yen dollar rate as well um that is rising again I mean the number is rising which basically means that the purchasing power of the Yen measured in dollars is falling we're currently about

157 I think having hit a high recently of 160 um before backing off uh so that I think is um is continuing to be a real problem for for the Japanese and uh at some stage if things continue in this direction I think they probably will uh then um they're going to have to um take some pretty um you know strong action to try and stabilize the currency because the um price inflation effect of a falling currency um is going to start destabilizing bond yields even further so this is um this is a difficult situation and I think that um

if you like it's the first Canary in the in the um Bond gold mine or the you know the bond mine that we're we're seeing I'm talking about gold I think I I haven't monitored it but I wouldn't be surprised if the Japanese are buying gold as well because um they must be looking at this Japanese investors who again are big Sabers not as much as the Chinese but they're big Sabers they must be looking at this and thinking you know we better have some gold better have some silver probably gold more than

silver but you know this is the idea of Mrs watari actually just leaving her money on deposit of the bank is getting less appealing to Mrs Waton Arby I think so um yeah I think we're seeing the first signs of this beginning to be a problem and I think it'll accelerate over the summer um and you know what the the oldest while the demand for silver is rising rapidly the supply side of the equation is facing significant challenges this imbalance is one of the key factors setting the stage for

potential price increases firstly silver mining is not keeping Pace with demand the process of extracting silver from the earth is becoming increasingly difficult and expensive or grades are declining meaning that miners have to process more rock to extract the same amount of silver this not only increases costs but also slows down production rates in 20203 we saw a 2% decline in mine production even as industrial demand was at its second highest level on record moreover the recycling of silver which accounts for about 15% of

the total Supply is not expected to grow significantly recycling efforts are facing their own set of challenges including low profitability at current price levels and logistical issues the attractiveness of pulling silver out of existing products is hard to justify economically particularly with the additional complexities and costs involved adding to the complexity bringing new mines online is not a quick or easy solution it involves navigating a Labyrinth of regulatory hurdles securing funding and often overcoming

local opposition according to a survey by Bank of America Global Research the top 13 silver producers do not anticipate reaching their 2016 production highs anytime soon the constraints of funding permitting and constructing new mines are substantial and growing on top of these Mining and recycling challenges there are geopolitical factors at play many of the world's Silver Mines are located in regions with political instability which can disrupt Supply chains and lead to further production shortfalls in summary

while demand is surging the supply side is struggling to keep up this imbalance is a critical factor that could drive silver prices higher with production hurdles and limited recycling growth the market is poised for potential Supply shortages investors and industries alike are watching these developments closely as they could significantly impact Silver's availability and price in the near future um the consequences of the budget deficit and how that feeds into undermining the purchasing power of the

dollar um the other thing that it does it actually conceals what's going on in the real economy because um if you look at the budget deficit for this year it's going to work out in the region it's been running in the region of about 9% um now um if you look at uh GDP uh that has been growing by something like 4 a half% so 9% minus 4 and a half% um well sorry 4 and a half% minus 9% tells you that the private sector is actually Contracting so the idea that the US economy is looking jolly good and um you

know lots of demand and all the rest it particularly when unemployment figures are continually being revised upwards um unemployment that is employment uh you can see that um all is not well in in uh the American economy and I have to say it's the same situation in the UK and also in other jurisdictions um so I mean the point about um the debasement of the currency through government spending um is something which I don't think people are paying too much attention to but it's it's a very very simple thing to

understand what is less easy to understand is the impact of trade policies uh on um inflation uh President Biden as I understand it um is introducing or has introduced a 100% tariff on Chinese uh Imports into America of uh electronic vehicles or electric vehicles um there are various other Hightech products coming out of um uh China um which are deemed if you like to be um undermining of uh uh us um uh manufacturing businesses uh which are similarly being being taxed not at 100% but up to 50% now um the the consequences of this

basically are the consumer faces higher prices it's as simple as that um but we can take it one further and just look at what happens when you raise um uh tariffs by a significant amount uh and the example we have of course we go all the way back to 1930 when President Hoover signed into law the smooth holey tariff act now the consequences of that were to drive the US economy even deeper into the recession you had um uh 25% unemployment you had a 36% collapse in GDP or the economy if you like because

they didn't have G DP in those days um and you had a 40% um uh collapse in in uh the number of banks one of the most intriguing aspects of the silver market right now is the Paradox of high industrial demand coupled with an overall decline in total demand in 20123 this might seem contradictory at first glance but let's break it down in 2023 the total demand for silver actually fell by about 10% this decline was primarily driven by significant drops in the jewelry silverware and physical investment sectors for instance

jewelry demand which was exceptionally high in 2022 dropped by roughly 50 million ounces India which had a massive buying spree in 2022 reduced its silver purchases significantly in 2023 as they had overstocked previously similarly the demand for silverware saw a notable decrease the most substantial decline was seen in the physical investment sector which fell by about 70 million ounces this sector had seen record demand in 2022 so the drop in 2023 can be viewed as a correction rather than a collapse when combining the drops in

jewelry and physical investment it accounts for an overall demand reduction of around 12% however this reduction in certain sectors doesn't tell the whole story the industrial demand for silver particularly from the solar and electronic sectors remains robust and is expected to continue growing the key takeaway here is that while some traditional sectors have pulled back the long-term industrial demand trend is very positive positive Peter cof editor of silver stock investor highlights that

this situation reflects a correction after the outsize demand of 2022 rather than a collapse the underlying drivers of silver demand its critical role in green technologies and electronics remains strong this correction is a natural part of market dynamics where extraordinary Peaks are often followed by periods of adjustment understanding this Paradox is crucial for investors it underscores that the drop in total demand is not indicative of a weakening Market but rather a recalibration the high

industrial demand and constrained Supply create a unique environment where Silver's fundamentals remain strong despite the overall numbers showing a temporary decline this Paradox positions silver for potential significant gains as the market adjusts and continues to grow driven by its indispensable role in key Industries what everybody thinks um I mean the fascinating thing is that yes we know silver is an industrial metal it is priced as such I mean when you got a gold silver ratio I'm looking at my

screen of 73 times that is not pricing it as money but it does respond um with gold um as if it was a junior form of money so uh you know it hasn't gone totally um what is so interesting I find is the complete lack of interest in Western Capital markets about silver and gold while at the same time there is enormous demand obviously built up in Asia and particularly China silver has um if you like an additional Factor driving it one is that um India is now expanding its economy quite rapidly in

the direction of uh photovoltaic cells and uh similar if you like environmental um uh manufacturing activities so um and I I'm sure that um you know major Indian corporations like Reliance Industries have been cleaning out comx uh vaults I mean the the amount of silver that's been stood for delivery is really quite dramatic uh particularly when you bear in mind that the Futures Market is not meant to be a delivery Market at all I mean the only reason that you have a delivery facility is

basically to notionally tie the future to the price on expiry so um that is interesting but I think um for both gold and silver um it's worth understanding the position of the Chinese just look at Chinese households um Chinese households uh save roughly 35% of their income that is huge it is enormous and given the size of the economy which in um US dollar terms is roughly $8.3 trillion doll in GDP 35% of that is about 6 trillion now six trillion dollars of savings where does it go well um if you look at property

that's yesterday's story after every everr went bust and all the rest of it all those Pro problems and you can see that um the amount of land um now being developed it's just fallen off a cliff there is no demand for property in in China now you know residential property so that's gone out of the window um stock market well for the last three years it's been a pretty poor deal it's gone down it's gone up this year really since about January the 1st it's up about 8 % something like that but um

yeah you know if you're an investor if you're a saver in China you probably you probably got in your mind um the fact that you've lost a lot of money or you would have lost a lot of money if you'd bought equities um over the last three years investment demand plays a pivotal role in the silver market and has the potential to significantly influence prices despite the overall decline in 2023 the outlook for silver investment is quite bullish and here's why firstly let's talk about physical silver

investment in 2022 we saw an unprecedented surge in demand with investors buying up 333 million ounces of physical silver this was a record-breaking year however in 2023 physical investment dropped to around 263 million ounces while this 70 million ounce drop seems substantial it's important to remember that 2022 was an outline with extraordinarily high demand the current levels the lower than the peak are still historically significant and robust moving forward many experts including Peter crof expect a Resurgence

in investment demand crof predicts that net physical investment in silver could rise significantly in 2024 potentially reaching between 282 and 290 million ounces this uptick would be driven by a combination of Market volatility economic uncertainty and the appeal of silver as a safe haven asset exchang traded funds ETFs also play a crucial role in silver investment EPS provide a convenient way for investors to gain exposure to Silver without having to deal with the logistics of physical storage in 2023 ETF saw a bit of a mixed

performance but the outlook for 2024 suggests a potential rebound as interest rates stabilize and potentially decrease and as inflation fears persist we can expect to see renewed interest in silver e another Factor bolstering investment demand is the ongoing uncertainty in Global Financial markets with stock markets experiencing volatility and economic indicators sending mixed signals investors are looking for assets that can provide stability and hedge against inflation silver with its dual role is both an industrial and a

monetary metal fits this bill perfectly moreover as geopolitical tensions continue to simmer silver status as a safe haven becomes even more attractive investors around the world are increasingly viewing silver as a critical component of their diversify portfolios the demand for physical silver and ETFs is expected to surge as more people seek to protect their wealth from economic turbulence in summary the role of investment demand in the silver market cannot be overstated despite a temporary dip in 2023 the future looks

bright with a potential rise in physical investment and a rebound in ETF interest combined with ongoing Market uncertainties silver is poised to shine as a key investment asset this growing investment demand will be a significant driver of silver prices in the coming years they don't want any more government debt that's for sure so the question then is what level of Interest ratees what level of bond yields will be required to stop foreigners liquidating their dollar positions I don't have an

answer to that I mean you know how high I don't know you know this could go on and on and on we had a similar situation in Sterling back in 1976 uh when we had to get the IMF in to support Sterling um and uh um interest rates I mean I can remember the the the launch and I've said this before launch of uh treasury 15 a halfs of 1998 a 15 a half% coupon on a long I think that was a 12 or 15E Bond um just imagine what that does to US Government finances I mean you know we've got something like 130% debt to GDP

you know it's completely unturn I mean you know it's these political policies and the politicians seem totally unaware of the dangers that they're creating for themselves they are destroying the dollar they are destroying Financial market and um you know if you're going to see bond yields Rising um under that sort of pressure forget equities I mean they are going to collapse I can remember we had um uh in by by the end of 1975 the fd30 index which we didn't have ft SE 100 in those

days but the fd30 Lost uh roughly 80% top to bottom in that bare Market um you know I this time round uh will it stop there I don't know um anyone who thinks that uh holding on to equities is sort of um you know a real asset and it's a way it's an inflation hedge and all the rest of it I'm afraid it's up for a very ra nasty shock because the pricing of it will be based um on interest rates and um you know bond yields and they are going a lot higher this whole idea that you're

going to get lower interest rates is I mean I think that I think that um Jay poell and his colleagues actually do have some inkling of this they do understand that this is a problem um they're keeping very quiet about it uh for obvious reason reasons but if I was in their shoes I mean I you know i' would be terrified because there's no persuading of the political class that you know how they should act looking ahead the industrial demand for silver is expected to remain a critical driver of its market value

especially given the projections for the next decade industrial applications already account for nearly 60% of total silver demand and this is only expected to grow the most significant factor here is the burgeoning solar energy sector Silver's unique properties make it indispensable in the production of photovoltaic PV cells used in solar panels as countries worldwide strive to meet their renewable energy targets the demand for solar panels and consequently silver is set to increase substantially

a report by Oxford economics for the silver Institute projects that the demand for silver and solar applications Will Rise by 30% over the next decade this sector alone could consume an additional 190 million ounces annually by 2033 Electric Vehicles EV is also present a massive growth area each EV uses significantly more silver than traditional Vehicles primarily in their electrical control systems and batteries with global EV sales expected to increase rapidly driven by both consumer demand and government mandates for

cleaner Transportation the automotive sceptor silver demand is projected to climb steadily moreover the electronics Industry continues to be a major consumer of silver from smartphones and laptops to the infrastructure for 5G networks Silver's High conductivity and durability make it essential the ongoing advancements in technology and the proliferation of electronic devices mean that this demand will likely keep growing Beyond these specific sectors there are also emerging technologies that could further boost Silver's

industrial demand Innovations in areas such as medical devices water purification systems and advanced manufacturing techniques all rely on Silver's unique properties as these Technologies develop and become more widespread they will will add another layer of demand for this versatile metal it's also worth noting that industrial demand for silver tends to be less price sensitive than investment demand industries that require silver often have few or no substitutes meaning they will continue to purchase silver even if

prices rise this inelastic demand supports higher prices and adds stability to the market in summary the long-term outlook for Silver's industrial demand is exceptionally strong the ongoing expansion of the solar energy and EV sectors combined with the ubiquitous use of silver in electronics and emerging Technologies ensures that industrial demand will remain a solid pillar supporting silver prices this robust industrial demand coupled with constrained Supply sets the stage for a potentially significant

appreciation in Silver's market value over the coming years um you know conspiracy theorists and all the rest of it think you know that they've got it for infer um they're taking away our freedom and all the rest of it um it's the sort of slightly wrong order of events uh that messing things up and the response if you like is that they need to retain control and it's then that we start losing Freedom it's not a deliberate plan to take our freedom away at the outset if you see what I mean

it's circumstances that have driven the authorities in that direction now having said that um it's now gone I think beyond that simple um you know which is the order of events type story to one where um increasingly politicians around the world um and the leaders of big Industries um are getting together to try and find Solutions and this of course is World economic Forum type stuff um I mean we Face an election here a general election in next month or well in July um and uh you know just looking

at what the labor party the leader of the labor party sir K sta looking at what he's saying looking at what he is um he's a sort of world economic Forum robot and I can see that um if labor get elected I can see the direction in which um he's going to take this country um I'm not saying that the incumbent uh conservatives are all that much better um I don't think they quite realize either because um but at least uh people like Richi sunak do understand um the um you know the need for sovereignty uh

for this country to have its own um rules regulations sovereignty and all the rest of it he does get he he gets that but you know the K arms of this world don't get it and I'm afraid around the world we have a lot of leaders and I would put Biden into this Camp who think that um you know the problems can be resolved by getting together on an international Forum to resolve them and that inevit L leads to even less freedom for individuals to while Silver's industrial demand is strong we must also

consider how economic slow bounds or recessions might impact this demand historically recessions tend to reduce industrial output which could in turn affect the demand for silver in sectors like manufacturing electronics and Automotive however silver is somewhat unique among Industrial Metals because it also has a significant role as a monetary metal this dual role can create a complex but potentially benefit official situation for silver during economic downturns during recessions while industrial demand might dip

temporarily investment demand for silver often Rises this is because investors seek Safe Haven assets to protect their wealth in times of economic uncertainty silver like gold has a long history of being used as a store of value when economic conditions worsen the demand for silver coins bars and EDS typically increases as investors look to hedge against inflation and currency devaluation moreover the Green Technology sector particularly solar energy and electric vehicles might be less affected by economic slowdowns

compared to other Industries governments around the world are committed to reducing carbon emissions and achieving renewable energy Targets this means that investments in green technologies are likely to continue even during recessions supported by policy measures and subsidies as a result the demand for silver in these sectors could remain robust even if the broader economy is struggling Peter crof points out that while recession might lead to some softness in industrial demand the overall long-term trend for silver

remains positive he expects a recovery in demand for jewelry and silver Weare in Asia especially in regions like southeast Asia where silver is still seen as a form of money and a valuable asset countries like Bangladesh and Sri Lanka continue to accumulate silver which supports its demand additionally Central Bank policies during recessions can have a significant impact on silver prices in response to economic slowdowns Central Banks often lower interest rates and Implement quantitative easing

measures to stimulate the economy these actions can lead to a weaker currency and higher inflation expectations both of which are supportive of higher silver prices in conclusion while recessions and economic slowdowns might temporarily affect industrial demand for silver the metals dual role as an industrial and monetary asset provides a hedge increased investment demand and continued growth in the Green Technology sector can offset any declines at industrial use this unique position makes silver a

resilient asset that can perform well even in challenging economic conditions absolutely and I I wouldn't rule out um the possibility that this drives comx into um a force measure situation on the silver contract before they do that they will probably raise the um you know the margins um two or three times but um I mean the performance uh on on you know these these these contracts is is is bizarre if you like from uh the bullan banks point of view I mean I was looking at the Gold contract and

yesterday I think I'm right in saying that uh you had a small rise in the price of gold uh the reason I'm looking away is I'm just trying to find the information you know a small rise in the price of gold but guess what the um outstanding uh you know outstanding interest fell by 125,000 contracts now this tells me that this is a bare squeeze even though gold is close to alltime highs I mean this is bizarre um in other words the system the bullion banking system has been caught with its

pants down um and um you know this is something which I think could well develop into um a crisis for one or more of these bullan Banks Central Bank policies are a crucial Factor influencing silver prices especially in the current economic climate aliser mlid a respected financial analyst and former Banker provides deep insights into how these policies can shape the silver market M points out that the federal reserve's actions are particularly significant in recent years the FED has been caught between managing inflation

and supporting economic growth during periods of economic slowdown or recession the FED often lowers interest rates and implements quantitative easing Hy to stimulate the economy these measures increase the money supply and can lead to a weaker dollar which historically boosts silver prices as investors seek assets that hold their value according to mlid the current and anticipated future actions of the FED are likely to be very supportive of silver with the US economy facing potential slowdowns and uncertainties

the FED is expected to maintain or even increase its accommodative stance this means continued low interest rates and possibly more QB both of which are bullish for silver mlade also highlights the broader implications of these policies a weaker dollar driven by the fed's monetary actions makes silver more attractive not just in the US but globally as the dollar depreciates foreign investors look to Silver as a safe haven further driving up demand and prices additionally mlead emphasizes the

importance of Central Bank gold purchases which indirectly support silver central banks around the world including those in China and Russia have been increasing their gold reserves as a hedge against dollar depreciation and geopolitical risks this trend as noted by other analysts like Peter cruff strengthens the overall precious metals Market since silver often follows gold increased gold demand and Rising prices can lead to higher silver prices as well prominent figures like crawf and analysts at JP Morgan and

Capital markets Echo mcls views expecting significant appreciation in silver prices due to Central Bank policies and economic conditions Chief Morgan for instance predicts that silver could reach $26 per ounce by mid2 24 with potential to hit $30 by 2025 this Outlook is based on the anticipated continuation of low interest rates and increased investment demand as economic uncertainties persist furthermore mlead points out the potential for dollarization where countries move away from the dollar for international trade

and reserves this shift can lead to increased demand for alternative assets like silver and gold as Nations diversify their reserves silver stands to benefit significantly in summary Alistair mecl analysis underscores the critical role of Central Bank policies in shaping the silver market The fed's accommodative Stance combined with global Central Bank gold purchases and dollarization Trends sets a very bullish backdrop for silver these factors alongside the industrial and investment demand drivers we discussed create a

compelling case for a substantial rise in silver prices in the near future up to half of that was out on lease in other words there were two owners of it um now I'm pretty sure that um I mean certainly for the last 20 years the bank of England when it has least gold has retained it in its faults rather than let it go out of its control in other words least gold then becomes an asset which someone can then use if you like as a basis for extending credit um but it's never delivered uh you know this is

the important point so you know it's a sham in the sense sense but the bank of England I think has been getting away with it I don't think it's the case however with the US Treasury and we saw evidence that this might be a problem uh when Germany uh just wanted a small part of her gold repatriated we also see and this is anecdotal evidence um that every time a regime is destabilized by the US like Libya or Ukraine or whatever you know the Blackhawk helicopters come in uh you know sort of people

who who look like Special Forces go and NAB the gold and fly off with it so you know what's going on I mean it seems to me that there is a deficiency of gold um in US government's hands um and uh when this as the price of gold Rises this just brings greater and greater pressure on the US government I mean you like huge pressure it's going to be I think you know we're looking at um potentially some sort of Crisis as this becomes uh um known if you like um and uh it will become known at some stage and of course

China and Russia have been doing exactly the opposite thing they are now the two largest uh Nations by mining output um uh Russia just recently but China for a considerable time um China has also by my um estimations as a as as as a government The People's Bank has not the People's Bank sorry the people's government the Communist party has accumulated over 30,000 tons which are not on the central bank's balance sheet um and uh I'm informed by sources who I have found to be generally reliable uh

that um the Russians have probably got a further 10,000 tons of gold which um doesn't show on the central bank's balance sheets because they've got two wealth funds which um hold this gold and that could well be tucked away elsewhere so um you know the the Asian hegemons are wholly prepared for a collapse of um dollar based credit you know they have insulated themselves against this this um possibility stroke likelihood stroke certainty and um uh yet America I think and Britain and I look at Canada has got

none at all now sold all those all their gold um you know we're sitting here without the cover necessary how are we going to respond to this and I think the first um sign of of trouble could well be not too far away if um gold and silver silver and gold have long been compared as precious metals with both industrial and monetary uses but their market dynamics are unique understanding these differences is crucial for investors looking to capitalize on the potential price movements of silver Alistair mein and

other experts often emphasize that while both metals are safe haven assets silver has a higher beta compared to Gold meaning it tends to be more volatile and can offer greater returns in bullish markets this is due to several factors Market size and liquidity the silver market is smaller than the gold market which means that it takes less Capital to move silver prices significantly this smaller Market size contributes to Silver's higher volatility but also means that during periods of high demand

silver can outperform gold in industrial demand Silver's industrial applications are much broader than Golds as we discussed silver is critical in the production of solar panels electric vehicles and various electronic devices this industrial demand provides a strong foundation for silver prices especially as green technologies continue to expand gold on the other hand is used Less in industry and more as a pure investment and monetary metal historical performance historically silver has shown to be more reactive to

economic changes than gold during times of economic growth and increasing industrial activity silver often sees greater price increases for example during the 2011 Commodities boom silver prices nearly tripled while gold prices doubled this pattern suggests that in a recovering economy with strong industrial demand silver could see substantial gains price ratios the gold to Silver ratio which measures how many ounces of silver it takes to buy an ounce of gold is an important indicator historically this ratio has averaged

around 60 to 70 but it can fluctuate significantly when the ratio is high it suggests that silver is undervalued relative to Gold presenting a potential buying opportunity currently the ratio is around 73 indicating that silver may be undervalued compared to Gold investment demand both Metals see investment demand during times of economic uncertainty but Silver's dual role as an industrial and monetary metal can attract a wider range of investors during Market turbulence investors flocked to gold for for its stability

but they also turn to Silver for its potential for higher returns as mle points out Silver's lower price point compared to gold makes it more accessible to a broader range of investors further supporting its demand Peter crawf and Analyst at Jake Morgan and Capital markets also highlight that Silver's performance is closely tied to Golds due to their historical correlation when gold prices rise silver typically follows but often with Amplified gains this relationship is crucial for investors to monitor as

movement in the gold market can signal potential ships in silver prices in conclusion while both silver and gold are valuable Investments silver offers a unique combination of industrial demand and investment potential its smaller Market size and higher volatility can lead to Greater price movements particularly in a bullish Market environment by understanding these Dynamics and the historical gold to Silver ratio investors can better position themselves to capitalize on Silver's potential upside especially in

the context of the current economic and Industrial land landscape to escape from where they are and I am sure uh in my own mind that this is the thinking behind cbdcs you know where um you know and this was this was actually said by um uh Augustin Kasten uh you know the head of the of the bank of international settlements which has been sort of coordinating all the sort of research efforts and all the rest of it into this cbdcs will allow a Cal Bank to direct Credit in directions which it believes

um will benefit the economy in other words we are moving toward with cbdcs we're moving towards a situation where the government decides how the economy runs not industry and they are working with industry in order to achieve that objective so this is I mean as far as I'm concerned the quicker we have have a real crisis to stop this drift away from uh free markets and from uh um you know personal freedom and all the rest of it the better we won't get it immediately obviously I mean um you know when things

get really bad get really bad um you know you're then into um if you like the sort of hiek territory if you like of um you know are we going to get a leader who is a strong man and turns out to be a Hitler you know which you know which was the road to suron um we don't know but um the one thing is for sure that I think that the authorities if I can put that in inverted commas are worried about the situation and the Escape that which they see is even greater damping down on our activities in order to save the system

if you like so so this will involve um even greater restrictions on freedom um and you know returning to Karma I mean I see I mean effectively it's communism or fascism probably fascism rather than communism actually because the involvement of big business turns it into a FAS fascist socialist uh solution rather than um you know if you like a communist socialist solution so um your question is um you know the order of events I think started out um in an understandable Direction but it's now got so bad that actually

whether whether um uh you know loss of freedom is cause or effect is actually immaterial I think it's going to get worse from where we are and of course the other problem that we have is that um uh you know we've all got ourselves into Wars which we can't win um how's that going to play out in an election year uh you know this is this is global trade Dynamics and geopolitical factors play a crucial role in the silver market influencing both supply and demand Alistair Meed emphasizes that the

geopolitical landscape particularly the tension between major economies like the US and China can significantly impact silver prices trade tensions such as the tariffs imposed by the US on Chinese Imports including p-tech products and electric vehicle batteries create uncertainties that Ripple through Global markets these tariffs not only affect the flow of goods but also have broader economic implications potentially slowing down industrial production and trade for silver this could mean fluctuations in industrial demand

especially since China is a major player in the production and consumption of silver intensive Technologies like solar panels and electronics moreover geopolitical instability can lead to increased Safe Haven investment demand for precious metals investors often turn to Silver and Gold during times of political and economic uncertainty to hedge against potential Market volatility this was evident during the trade Wars between the US and China where both silver and gold saw increased demand as investors sought to protect

their assets from the uncertainty surrounding international trade policies another critical factor is the Strategic accumulation of precious metals by central banks and Sovereign wealth funds particularly in countries looking to reduce their dependence on the US dollar mlead notes that Nations like China and Russia have been significantly increasing their gold reserves and this trend can extend to Silver this dollarization effort is part of a broader strategy stry to diversify reserves and protect against dollar

volatility as these countries build their reserves they also influence the broader market dynamics for precious metals supporting higher prices furthermore economic policies and stimulus measures by central banks especially in response to Global economic slowdowns can lead to a weaker dollar and higher inflation expectations these conditions are typically favorable for silver for instance if the Federal Reserve continues with low interest rates and quantitative easing the resulting dollar weakness can drive up

silver prices as investors seek assets that hold value better than fat currencies investment Banks like Jeep Morgan and Capital markets project significant appreciation for silver in the coming years based on these geopolitical and economic Trends they anticipate that lower interest rates Rising industrial demand and renewed investor interest will all contribute to a strong silver market jeap Morgan expects silver prices to reach $26 per ounce by mid 2024 with the potential to hit $30 by 2025 driven by these

underlying factors in summary the interplay between global trade policies geopolitical tensions and Central Bank actions creates a complex environment for the silver market Alistair mcl's insights highlight how these elements can drive both industrial investment demand for silver positioning it for potentially significant price increases understanding these geopolitical and economic influences is essential for investors looking to navigate the silver market effectively Americans heads that gold is no longer part of the monetary

system the dollar has replaced it um and it's also been driven into the heads of um Everybody uh who would call themselves allies of America um you know we now accept the dollar is is money um and gold is a pet rock or whatever you know the gold standard was a barbaric Relic as as kads put it um before all this uh it does actually leave um American uh citizens very very exposed I'm afraid um because it is propaganda no more than that the legal position is quite simple it has always been that

gold is money and the rest is credit um and it doesn't matter what propaganda you've been had drummed into your head over the last 50 years the law is the law it's as simple as that and the reason it works as a law um is twofold firstly it's behind everybody else's legal position uh so it is truly International it takes the nationality out of credit um and uh you know this the second reason behind this is is that um it is always credit which circulates not money itself money is

there to secure the value of credit and if you detach credit from money then it starts losing value and you can see this reflected if you like in in uh the move of um the dollar where from $35 an ounce in 1970 71 to um currently 2, nearly 2,400 put it the other way around um and what you're looking at is um uh the dollar has lost over 98 a half% of its purchasing power in 50 years measured in Gold you know and gold is the standard this is not Bitcoin you know which is going up and up and up and up because

it's being driven by speculative demand this is real money its purchasing power is relatively constant it's relatively constant in the sense that it can um uh maybe double or half um in against certain Commodities over a period of time but that's very different from losing 98 and a half% of its of its of its value very very different we're going to go back to um uh understanding that gold is money uh and um the other thing I would mention is that I do think that uh the US government has got itself

into uh a virtually impossible position because not only has it does it state that it's got 8,132 tons of um uh gold um in in its vaults uh but also it acts as custodian for ear marked gold for other nations now uh there was a fellow um called trying to think veneroso Frank veneroso who did some research into the leasing of gold um uh in the 1990s and um he concluded that uh anything between 10 and 14,000 tons of gold the 14,000 tons was roughly half the total Central Bank declared ownership of gold Alistair mlea

provides a wealth of insights into the current state of the silver market drawing from his extensive experience and deep understand understanding of global economic Trends one of ml's key points is the critical Supply deficit in the silver market he highlights that despite the drop in overall demand in 2023 the deficit remains significant driven by high industrial consumption and inadequate Supply growth mlid points out that the structural issues in silver Supply are not easily resolved mining

production is constrained and new projects face numerous hurdles from funding challenges to regulatory approvals recycling which could alleviate some of the supply pressure is also not expected to increase substantially due to economic and logistical barriers this persistent Supply shortfall creates a strong foundation for higher silver prices as demand continues to rise especially from industrial applications Peter cof another respected analyst complements mech's views by emphasizing the robust

long-term demand for silver crof notes that even with the potential economic slowdown sectors like solar energy and electric vehicles will continue to drive significant silver consumption he predicts a notable recovery and physical investment demand projecting it to rise to 282 290 million ounces in 20124 this Resurgence according to K will be bolstered by investor interest in silver as a hedge against economic instability and inflation analysts at JP Morgan and Capital markets also align with these optimistic projections

JP Morgan forecasts that silver prices could reach $26 per ounce by mid 2024 and potentially $30 by 202 this Outlook is based on expectations of sustained industrial demand particularly from green technologies and a favorable macroeconomic environment marked by low interest rates and a weaker dollar Capital markets similarly see silver benefiting from broader Trends and commodities and the increasing role of renewable energy mle it also underscores the impact of geopolitical factors he discusses how ongoing trade tensions and

a strategic accumulation of precious metals by central banks particularly in China and Russia support higher silver prices these countries are actively diversifying their reserves away from the US dollar and their increasing gold Holdings are likely to extend to Silver as well this shift is part of a broader dollarization Trend that could have significant implications for Global Financial markets furthermore mlead emphasizes the role of Central Bank policies in shaping the silver market the federal reserve's monetary stance

particularly its approach to interest rates and quantitative easing is crucial crucial a weaker dollar resulting from these policies tends to boost silver prices as investors seek alternatives to Fiat currencies Mead suggests that the fed's actions in the coming months will be pivotal especially if they lead to lower interest rates and increased liquidity in the market in conclusion expert insights particularly from Alistair mecad provide a comprehensive understanding of the silver Market's

current Dynamics the combination of a significant Supply deficit robust industrial demand strategic geopolitical shifts and supportive Central Bank policies all Point towards a bullish outlook for silver investors and analysts alike see substantial potential for price increases driven by these multifaceted factors ization and uh the expanded and to be further expanded bricks and they are looking to do without the dollar as much as possible now um it's very hard to see uh that Commodities can be priced in anything

else um you know we've always had them priced in doar or Sterling or something um most of the time backed by gold so that you know effectively there were priced in Gold um you the problem I think as far as they're concerned is that um you know we've now got with these nations which who are rapidly industrializing the majority of the world's population um GDP on a purchasing power parity basis is probably 35 40% of global GDP so this is this is growing um and it means that um you know we're beginning to find

ourselves in a bit of a minority on almost any economic measure um certainly in terms of population certainly in terms of growth prospects um uh and industrialization and to go back to an earlier point when we were talking about China um I think that she is actually quite well on the way probably further on the way to switching uh the direction of her economy to supplying cheap Goods to America to Europe to wherever towards um investing in infrastructure in Asia to develop those markets um and uh that

is something which you know you got meetings going on as we speak in Asana which is um you know sort of Southern Russia somewhere um involving you know bricks and the plans and all the rest of it so so these are changes which are now happening um I think that um Central to to uh you know replacing the dollar um is the problem of what currencies do we use and um at the moment they just don't seem to have a complete answer what they are saying I think is that we will use National currencies but then there is um a

further point which um isn't really mentioned and that is it's all very well using National currencies um you can use that maybe to measure um uh trade Imports trade exports and all the rest of it but underlying this there is a balance so if you take the situation say a simple one between China and Saudi Arabia as we analyze the various factors driving silver prices it's clear that this precious metal has significant potential for appreciation but what does this mean for you as an investor now is the

perfect time to consider silver as a strategic addition to your Investment Portfolio whether you are looking for a hedge against economic uncertainty a way to benefit from the Green Technology boom or simply seeking to diversify your assets silver offers a unique combination of benefits imagine being part of a future where silver prices sore driven by robust industrial demand and constrained Supply picture yourself securing your wealth with an asset that has stood the test of time providing stability and growth even in turbulent

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discussions on how you can make the most of the silver surge I mean interestingly I was called in to advise a Central Bank in Europe um uh bit over a month ago on these matters um and I pointed out to them the Dynamics leading to higher interest rates uh they didn't disagree with what I said but you could see that they were concerned very concerned about what happened what you know what the consequences would be particularly because in this country which should remain nameless um there's a very I mean

the government finances actually look pretty good on paper a lot better than ours a lot better than yours um but the problem is that the private sector has enormous debt and this debt is in the form of Mortgage Debt and if you get higher interest rates it's just absolutely going to bankrupt um individuals the banking system the mortgage companies the whole thing that was what worries them I talked to the the these um and this is at a high level I mean we're talking at Boo level um I talked to them about this and said uh

you know um are the politicians um uh uh you know cognizant of the danger of having such high leverage in the property market and um are they prepared to do anything about it and I was told that um the last thing that they were prepared to do was to free up the rental market which of course would make you know the reason people are having to buy properties at such high Leverage is because no rental market you know you're either out the street or you you know you pay a hell of a lot of a whack in

order to buy a house or a an apartment but politically it's an absolute no no to um because landlords are evil I don't know whatever the logic is it's a socialist logic we have it in the labor party in this country we actually have it in the conservatives to a degree as well uh though you know the message there is a bit mixed um you know it's the political class which refuses to do anything and this is why the whole thing is going to be crisis first solution second the politicians actually have to have their

backs up against the wall before they will actually address these issues um so I I do feel um uh that the central Bankers I mean these are not people out automatically Express you know sort of support for it let's put it that way but I do I do feel feel um that they are in a real bind um and uh the problem I think um is RAR with the politicians more than the central bankers at this moment I know that um you know most of the viewers um to your channel will say well the central Bankers have have messed up the

whole thing yes they have of course they have and they don't know what they're doing um you know they bought the Keynesian line they don't actually understand how free markets work and all the rest of it but they've now got themselves into that end point from which There Is No Escape and um they turn around to the politicians and say well you know the only thing you can do is a b and c and the politicians look at them and say you must be kidding as we have seen throughout this analysis

Silver's market dynamics are incredibly promising the combination of high industrial demand particularly from green technologies constrained Supply and supportive Central Bank policies creates a compelling case for Silver's price potential Alis d mcl's insights along with other experts paint a clear picture of why silver is poised for significant appreciation now let's talk about what you can do to take advantage of this opportunity if you're not already invested in silver consider exploring

different ways to add it to your portfolio physical silver such as coins and bars is a solid choice for those who prefer tangible assets alternatively silver etips offer a convenient way to gain exposure to Silver without the need for physical storage as you think about your investment strategy remember the unique position of silver its dual role is both an industrial and monetary metal provides a hedge against economic uncertainty while offering the potential for substantial returns driven by technological advancements and

geopolitical shifts we strongly encourage you to subscribe to our channel for ongoing insights and updates on the silver market by subscribing you'll be the first to know about new developments and strategic opportunities our goal is to keep you informed and prepared to make the best investment decisions possible before we wrap up we'd love to hear your thoughts what are your views on the future of silver are you planning to invest or do you have any questions about how to get started share your thoughts in the comments

below your participation helps us create a vibrant and knowledgeable community and don't forget by subscribing you ensure you won't miss our upcoming videos where we'll dive deeper into specific investment strategies and Market forecasts stay with us as we explore the full potential of silver and other promising investment opportunities um China buys oil from the Saudis uh but what China then does is it invests in infrastructure in Saudi Arabia uh and so I think that you know what we're looking at is not so much

trade um deficits and surpluses what we're looking at is the maintenance if you like of a balance of payments through between all the trading partners that is the way it's going to be done and um uh where gold will come in is where there is a balance um you know unspoken for in the balance of trade between uh more than one party then they have got the option either to take um one other's currency or to take Chinese currency or to use gold and I think that's the way in which that is

going uh China doesn't want to um be seen um if you like as uh destroying the Western capitalist system uh and so what she is doing is she is sitting back if you like on any idea that um she's going to put the Yuan onto a gold standard because that would destroy the dollar in pretty short order India is in the similar situation uh India is more Reliant in many ways uh for her growth on Western markets so um you know you've got actually quite a push back against the idea that um the two you know the Asian nations are going

to go on to a gold standard I think the um the hole in this argument is Russia because um the more we put pressure on Russia the more Russia I think will take economic action or take um Financial action against the West it could very very quickly destroy the dollar simply by putting the ruble onto a gold standard the reason it hasn't done that I think is because of its partnership with China um and also with Iran to a large extent um I think the Saudis would be quite happy to go onto a gold standard uh because they share the

similar objectives of trying to stabilize the value of their oil you know their oil export exports and oil reserves so um but so it's interesting the more pressure that we put on Russia we're forcing her to choose either this becomes an right War as opposed to a hybrid war or it's a financial War as we've explored silver is positioned to experience significant price increases due to a perfect storm of factors but how exactly could all these circumstances lead to Silver's price

soaring to unprecedented levels let's break it down firstly the industrial demand for silver driven by its essential role in green technologies like solar panels and electric vehicles continues to grow at a rapid Pace these sectors are not just Trends they are the future governments worldwide are committed to renewable energy and electric vehicles ensuring a steady and increasing demand for silver for years to come with countries like China and India leading the charge in solar energy deployment

the demand from these industries is set to rise significantly on the supply side the constraints are clear silver mining is facing numerous challenges from declining more grades to stringent regulatory requirements and geopolitical risks in key mining regions these factors mean that Supply is not not only struggling to keep up with current demand but is also unlikely to ramp up significantly in the near future recycling efforts while helpful cannot bridge this Gap leaving a substantial deficit that supports higher prices

investment demand adds another layer of strength to Silver's Outlook as economic uncertainties persist driven by market volatility geopolitical tensions and Central Bank policies investors are increasingly turning to Silver as a safe haven asset the Dual nature of silver as both an industrial metal and a store of value makes it uniquely attractive aliser meid and other experts anticipate a significant uptick in physical silver investment and ETF Holdings further driving up demand Central Bank policies

particularly those of the Federal Reserve play a crucial role with interest rates expected to remain low and possibly decrease and with continued quantitative easing the dollar is likely to weaken a weaker dollar historically boosts silver prices as investors seek assets that maintain their value better than fiat currency the Strategic accumulation of precious metals by central banks especially in countries like China and Russia also supports this trend moreover the broader economic landscape is Shifting

dollarization efforts where countries reduce their Reliance on the US dollar for trade and reserves are gaining momentum this shift could significantly impact Global Financial markets and enhance the appeal of silver and gold as alternative reserves in conclusion all these factors converge to create an exceptionally bullish environment for silver the constrainted supply Rising industrial demand robust investment interest and supportive Central Bank policies collectively set the stage for silver prices to soar alisdare mcl's

analysis supported by insights from other prominent figures paints a clear picture silver is not just Poise for growth it's on the brink of a significant breakout now is the time to pay attention to Silver whether you're an experienced investor or just starting understanding these Dynamics and positioning yourself accordingly could yield substantial rewards don't miss out on this opportunity stay informed stay invested and watch as silver shines brighter than ever thank you for joining

us in this deep dive into the silver market if you found this analysis insightful make sure to subscribe to our channel for more expert insights and updates share your thoughts and questions in the comments below and let's continue this conversation remember the future of silver is bright and being informed is the key to making the most of it see you in the next video and happy investing disclaimer this video is for informational purposes only and does not constitute Financial or investment advice always do your own

research and consult with a professional adviser before making any investment decisions um all these Banks uh coincidentally offer um gold savings accounts so if you've got a minimum of say five or 600 Yuan which is roughly $80 um then you can open one of these accounts now I don't know whether the um uh these big Banks uh run their um gold accounts on a fractional Reserve basis or whether they um actually back it properly but you know um I would have thought that um they're not going to get

themselves uh into the same position if you like as their um bullan Bank cousins in the west so um you know demand uh from customers switching from ordinary deposits into bank deposits I would have thought uh goes you know pretty directly uh via the bank into gold they also have um uh apps in in China you know you got these apps and you can buy and sell gold on an app I mean we we've got that sort of thing over here as well but they've got it in China uh don't forget it and from what I

understand very much unlike us where we actually have very little interest in coins and bars you know you have to be a bit dieh hard to be interested um in China they're queuing around the block to buy gold uh jewelry and small bars and uh items like that um and uh you know the big stores are literally selling out every day so there is huge huge demand and this is not necessarily reflected in um the um withdrawals from the Shanghai uh Gold Exchange because uh the big banks in accumulating gold on

behalf of their uh customers don't take it out of the Shanghai uh vaulting system it remains in the vaulting system so it's not effectively delivered so there's a huge great Iceberg if you like of gold um we we only see the tip of it in the form of deliveries actually accumulating on behalf of the Chinese people uh in uh the vaults now to give you an idea um as to what um 35% in other words 6 trillion of savings actually Buys in terms of gold is the equivalent of about 75,000 tons of gold now um you know obviously

there isn't the gold available but now you can begin to see why the Chinese who traditionally have always regarded gold and silver as money are buying both gold and silver and the problem with silver is that it is a very illiquid Market um it is consumed it is taken out of the vaults uh if you look at the numbers from the silver Institute uh you see that uh the reserves if you like that are being drawn down are in um according to them in the lbma vaulting system and also in comx but you know it's running

out of the door so um the bullan uh banking um uh cohort if you like in the west finds that they've got a problem I mean they've they're too used to uh running the market market up and down uh to generate enormous trading profits um and quite happily run uh fairly large short positions in the process but now they can't cover their positions and we're seeing this very dramatically in the price of silver more so than in Gold where there is actually greater liquidity but I think that's the

background really to what is going on in both gold and silver