hey everyone welcome to bald guy money on May 1st I showed you this this was the final step of math I did to say that if manipulation of silver is in fact as Extreme as many people believe the real price of silver could be between 88 and 116 dollars per troy ounce and that is the highest price for silver I have ever entertained on this channel all the while I receive comments regularly some nice some not so nice insisting that the real value of silver is one thousand dollars per troy ounce so we're going to settle it right here


in this video once and for all can silver actually get to one thousand dollars per troy ounce now since this is a video that I really want many people in the silver Community to see I kindly ask you just to take a moment to hit the like button and if you like this content be sure to share it with more people out there it will help get this message out to more silver stackers now getting into it anyone who watches my channel regularly will know that the ultimate decider of the price of an asset is the


market cap and for those of you who are new to this that just basically means if we take all of this one thing all the shares of Google all of the gold that exists in the world how much is it all worth together and that gives us the market cap or market capitalization of an asset so if we take a look at the top 10 Assets in the world today we see that silver is still in sixth position valued at 1.2 trillion dollars that is the same place it was when I showed it last which was a couple weeks ago and that 1.2


trillion dollars represents the value of all of the silver market the entirety of it and now the question is to get to one thousand dollars per ounce what does the total market cap of silver have to be to get there or to put it differently how many dollars have to go into silver for the market cap to reach a level where one ounce is one thousand dollars because that is ultimately the question that we're asking here to be fair I am going to do two calculations one looking at how we currently value silver paper market and


all and a second calculation that takes a bit of data from my top silver stackers video which assumes that there are roughly 5 billion ounces of physical silver out there in existence so let's tackle the first scenario and this is easy because if we divide our price target of one thousand dollars by the current price which is 21.37 per ounce we see that to get to one thousand dollars the price of silver has to increase by 46.8 times the current price and since the price is a function of the


market cap all we have to do is multiply the current market cap by 46.8 to see that we need a total market cap for silver of 56.4 trillion dollars to get us to one thousand dollars per ounce silver now for people who are sitting there thinking yeah that that's possible that's realistic that could happen let me put four things into perspective for you if we believe this narrative because gold and silver are money then that means gold has to be valued around 1.1 quadrillion dollars assuming a modest 20


to 1 silver to gold ratio it also means that silver would be worth 67 percent more than the entire S P 500 gold would be worth 825 percent more than the world's bond market which is arguably based on an unhealthy Fiat system that prints lots of money out of thin air and finally silver alone would be worth more than the M1 money supply of the G20 countries meaning at that value silver plus gold would be worth more than all the money and all the debt in existence and just to give you the number all of


the debt currently existing in the world is estimated to be around 303 trillion dollars now I hope you're all seeing how quickly and easily The Narrative of one thousand dollar per ounce silver falls apart when we scrutinize the numbers a little bit but I know that there are those of you out there saying right now if the total supply of silver is 5 billion ounces because that's what I said in my in my top silver ownership video then silver only has to reach a five trillion dollar market cap to hit the one thousand


dollar per ounce level and I give you that that's the point I absolutely concede in a perfect world where the price of silver is determined by physical settlement only it almost sounds realistic until you ask yourself where is the extra 3.8 trillion dollars of market cap going to come from because that assumes you are going to get a lot of new people entering the market and most current silver owners holding their position even as prices rise dramatically and the fact is we know that's not likely to happen it's


the law of supply and demand because all else being equal once silver starts to hit Triple digit figures you will see more sellers enter the market and why not let's be rational for a second if the Catalyst for this increase in price is the end of manipulation and the end of the paper silver market and I have a stack of metal I paid an average of ten dollars an ounce for and now I can sell that metal for for a hundred dollars an ounce all else being equal a lot of people are going to start taking that


offer and that's why I think silver at one thousand dollars per ounce is nothing but a pipe dream and I actually never really seriously consider it and that's why you'll never hear me really talk about that price level for silver on this channel and although my 2026 price target for silver is still sixty dollars per ounce maybe we will actually see this happen one day should we get to a place where silver is settled on the basis of physical metal rather than naked paper trades and as much as I have


criticized triple digit price Targets on silver on this channel the math is actually there to support the possibility but it doesn't really support again as I said before the one thousand dollar per ounce narrative and that's because if you can hold the current market cap at the actual amount of silver that exists you will reach a triple digit price point for silver but again not one thousand dollars not even close and just to address my viewer question of the week because this video was


Loosely based on that question here it is and Todd Braddock asked with the current price manipulation of gold and silver how long do you think it will be before the true price of gold and silver are realized also what might those values be in your opinion so Todd I hope this video answered some of your questions at least on the price side of things because when it comes to timings I am not ready to change my current assumption at least for silver because that's what we're talking about in this


video and my price Target as I mentioned earlier is sixty dollars per ounce by 2026 and that's it for this video I thank you all for watching please remember to like And subscribe if you like this content it really helps me a lot and until next time take care everybody