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 silver isn't just the new gold silver is better than gold this is making silver undervalued right now it is that spring being compressed now you add the short position to that and everything else that we've been talking about here we are set up for an explosion hi Alan Hibert is back with me once again and he has put together one of the best presentations on the potential price that silver could reach the explosion that could happen in the very near future actually Alan how are you doing I'm great Mike thank you yes

the prospects for silver are even brighter than those for gold silver has been uh suppressed pretty dramatically as we're going to see throughout this video and we are seeing a short squeeze emerge in the United States and globally so the potential here is absolutely huge and I want to share some stuff with you and with our audience excellent so first of all silver as a hedge against Market chaos this is kind of interesting because normally we think of gold as a hedge against Market chaos silver is

something a little bit different so how does this headline land with you well you know normally gold is a a hedge against any kind of uncertainty geopolitical markets pretty much everything but this one is is very interesting because I've never seen Silver in this light silver is usually referred to as either the poor man's gold or it's referred to as uh something that has bigger potential gains but has so much volatility that you have to have a stomach of uh stainless steel not cast

iron stainless steel titanium uh to be able to ride the silver roller coaster because the ups and downs whatever gold does silver does times three this is an interesting article because people are now looking at Silver as not just this sort of leverag play on gold or the uh potential upside but also as this real safe haven and and I like to see this so uh let's zoom up on this a little and uh I want to so stocks have never this is the thing about the markets right now stocks have never been so overvalued and

that is true we are currently in the biggest bubble in history right now it's much bigger than the tech bubble in 1999 with stocks trading at nosebleed valuations almost anything could catalyze a crash well I've referred to everybody talks about the everything bubble which is something I sort of you know I was there were there were a few people I have may have been one of the first to dub this the everything bubble but then I quickly changed when I was writing my book to well it isn't the

everything bubble it's the almost everything bubble because gold and silver are not in a bubble when you measure them against all the other real stuff in society exactly and they are going to absorb all the cap capital from all those other asset classes when they inevitably crash yeah we're in that Capital rotation exactly exactly uh and I've got an article here from The Economist titled why silver is the new gold which is kind of an eye-catching title makes your ears perk up and it also says Safe Haven go

back to that oneand exactly and solar panels interesting so so seen in a new light exactly yeah so a combination of the the monetary aspect the safe haven demand and the industrial aspect solar panel demand interesting but not everyone thinks silver is the new gold they think it's different or they think it's even better like James Anderson here who says silver Is Not Gold he's commenting on this exact article it has near no lenders almost no lenders thus pilfering unsecured ETFs will be push shoved

silver requires much higher spot prices before larger recycling gets going interesting catchy titles were used in the last Bull Run 2010 2011 your thoughts on this mik is silver gold or is it not gold first I want to comment on the last comment from James and that is exactly true catchy article titles were also used in 2010 2011 I spoke uh with David Morgan hi Dave uh at a conference in uh Singapore back in 2010 and we were both wearing hats that said silver is the new gold back in 2010 so so this is is not new

I'm sure the economist thinks they've come up with something catchy here uh but there are no lenders the lenders of Last Resort when it comes to uh gold's price getting away uh the world's central banks have a lot of gold that they're sitting on and then they can lease it into the markets and the bullan banks can then manipulate the price with all of the least gold because it's sort of phantom gold coming on the onto the market silver that doesn't exist uh the stock piles are all gone so and then

with the the silver requires much higher spot prices before large recycling gets going yes you have to put all of the machinery and everything into place that that's years worth of investment there there is going to be uh something called the big melt it happened in 1979 1980 where all of the scrap but so much of the scrap and old artwork and jewelry and everything was brought in and melted down way back then that a lot of that doesn't exist anymore old silverware and things like that this time around it

requires higher higher spot prices but I'll tell you what happens during a big melt when everybody rushes to you know you see those uh people during a gold SP back in 2011 all these businesses sprang up We Buy Gold and uh people standing on the street with flipping signs around their head and stuff We Buy Gold uh and it became really popular for a little while but during a big melt the spreads uh they there's they're sitting on so much inventory that it's going to take years for your scrap to actually get

melted down refined and poured into a bar and so the people sitting on that uh what you can actually get as far as a percentage of the spot price during that Rush when everybody wants to turn in all of their scrap you you can't get anything for it you get Maybe 30% of spot or something like that because all of the people that are buying it they're going to have to carry a Futures Contract that are rolled over for years uh before that silver gets melted down and there's a carry cost so let's move

on I'm sorry I went off on that but the the big thing is there's no lender of Last Resort to control these price fluctuations when silver uh gets out of control it'll do a moonshot exactly they try to manipulate it with fictitious silver but ain't no substitute for the real thing speaking of the White House urges the sale of stockpiled US silver and was that this week no that was back in 1981 1981 so Mike uh you wrote about this in your first book right the uh the silver stockpile and getting rid of it

yes and there's data in the first and it's gone they did this uh the White House urged it they did it it's gone so they can't manipulate it but you know for anybody that's interested I'm going to be doing uh some stuff on this you might want to subscribe to the channel but uh the Hunt Brothers were actually they had a a very outsized large position uh the and silver is such a small Market compared to gold gold was going into a runaway and uh gold the gold market is huge compared to Silver

but the Hunt Brothers were actually used to cap the price of gold they were the scapegoats uh that's what uh they you know when they broke the Hunt Brothers uh the traders that were trading gold uh they're on the same exchange floor and they're going wow if they can do that to Silver we're next because it was all of the rule changes that broke the Hunt Brothers it wasn't the Hunt Brothers were actually on the right side of the trade if the comex and the government didn't uh make the rules enforce the

rules and change the rules at any whim they want exactly it's that centralization yeah they can do it again all right uh silver squeeze on steroids for round two look at this chart shooting up like a rocket this is the short volume on uh one of the silver ETFs and you can see that in the last few weeks it is absolutely exploding right this this silver squeeze I mean this is this is almost off the charts good thing they adjusted the scale yeah so I just need to explain this once again to everybody so what happens here

when you sell short uh your broker goes into somebody's account that has uh a margined enabled trading account where they've agreed that the broker can borrow their shares without telling them so they borrow their shares you think that you if if you went long silver in an ETF you think you own ounces that back that uh ETF and the broker goes in and borrows them loans them to somebody else that sells it to another long now two people own that same ounce of silver and so what happens is and I'm going to

be doing uh a video on this as well because there's a fascinating one about a railroad there was two very very powerful groups of people uh trying to acquire the same Railroad and uh it caused the entire stock market to crash as one stock shot for the moon the whole rest of the market crashed so that everybody could get liquid well here we have a a potential short squeeze of E Epic Proportions these are this increase is all people that are betting that silver will go down but if it continues

going up they have greater and greater and greater losses and like I've been saying for many many years now silver is destined for triple digits and as the price goes up some of these people capitulate they give in they go okay I can't take any more losses they uh close their position at a huge loss but when they close their position they have to buy the silver back in the open market and that causes the price to rise and when the price Rises the other people that are short then get squeezed

even more so they're hurting even more and then when one of them capitulates and as those shorts are covering their positions and it causes the price to rise all the people that chase momentum start jumping in and that's how the price Shoots for the moon we are potentially on the verge of this enormous Breakout yeah it's incredible look at this yeah all right let's move along here uh Robert gotle uh by the way he's he's a precious metals industry expert but he used to be an executive at

uh JP Morgan so he uh he knows what he's talking about he says silver is now in major dislocation territory with no resolution in sight he was an executive at JP Morgan's bullion Bank making him a pre when it says precious metals industry expert that is true uh so major dislocation territory uh and uh it is everything is very very out of whack and I'm sure the exchanges are in panic mode right now and he says here the implied lease rate for one week is over 10% 10% for a week I mean that's astronomical

wow yeah so things are going to get interesting in the coming days things are going to get explosive and by the way silver inventories are leaking from London to New York this is like just like what we've seen with gold uh interesting so maybe silver is the new gold but maybe it's not but anyways you can see here that uh inventories in London have been dropping last few months you know heading into 2025 and continuing and then in New York obviously they're they're filling up here

so silver moving from London to New York yeah yeah I just want to point out for all of the viewers uh there is a chapter in The Great gold and silver r of the 21st century that's free online chapter three teaches you what to look for in a chart Allan and I spent a long time putting this together uh but in this chart one of the things that I see that uh gives you it skews your perception visually and I just want to point out that because that scale yes the scale on the bottom is so small from 250 to 375

as compared to uh ounces are measured 750 to uh 1,200 uh so it makes that bit going out of London look small and it makes what's going into the United States look large well this they're probably about the same size it's just all the way that you read the chart uh it is silver flowing from London to New York and it it's it's very obvious if you know how to read the chart there's not a bunch of U magical silver coming out of nowhere to add to that black line of the uh New York the

comx inventory yeah that London inventory that that is making that black line it's just the scales that make it look bigger yeah and even the amount flowing out of London is larger than the amount flowing into New York so it's dropping depending where you measure it from but it's down about a 100 million if you you know 850 to 750 down about 100 but up only about 75 you know 300 to 375 so some people are taking physical possession obviously so um but yeah we are seeing we are seeing

pretty significant flows that's kind of the main takeaway here okay however however this is just the overall inventories but what about the ones that are available for trading well countdown to the silver squeeze you can buy into as a tidal wave of metal makes its way into the us as we just showed the lb's free floating silver inventories have now inadvertently drained by roughly a 100 million year to date and that 33% of the free floating silver year to date that's a high percentage very

quickly so uh you know we did you did some research just before this and we discovered that free floating is the same as the registered category at comx it is the uh so this is the silver that is available for sale this is if you're trying to buy some it's just this silver and a third of it has been depleted in two and a half months this is just a amazing and we are set up for an absolute explosion uh this is the dislocation that uh was in that previous article things are getting set up to

where the only resolution is price yeah exactly and at this rate it's only going to last about another five months until London runs out of silver that that's like that's like unbelievable so right wow we will see we will see what happens yep why so many conspiracy theories in silver markets I don't know maybe because silver daily price data is total clown world so look at this chart here you can see the blue line is exploding let me show you what they are so the red line is the New York

silver open okay so that's the opening price of silver in New York no big deal however the blue line is the New York overnight silver index basically what would happen to the price of silver outside of the New York Market hours so if it was only traded when the comx was closed yeah it was only traded when the comx was closed look at the price of silver it would be absolutely shooting up almost no pullback after 2011 just sideways and then up to the Moon it would be at $382 per ounce right now wow so triple

visit silver exactly so kind kind of seems inevitable for years so kind of seems like there's price suppression happening in New York and that could be why all the silver is mysteriously flowing from London to New York to to keep keep the supply you know feasible to uh to maintain the price oppression so this is making silver undervalued right now it is that spring being compressed now you add the short position to that and everything else that we've been talking about here we are set up for an explosion and that

$380 silver is not a ridiculous price people when I say triple digit silver for years and years and years I've been called a nut by a few people uh mostly people sort of entrenched in the industry but when you look at the fundamentals underlying silver it is inevitable I agree with you and I'm not the only one uh Eric Sprat here the the one and only Eric Sprat says skver silver is going to Skyrocket $250 to $500 silver is entirely possible he said this within the past week so 382 is like

smack dab in the middle of that totally possible I I watched that interview and he does site two other people that are uh saying like 300 and 500 uh and so it is uh more and more people are sort of jumping on this bandwagon of triple digit silver is going to happen and I believe it absolutely is and I've been saying it for a long time yeah the the price suppression is going to unwind and we're seeing that happen the markets are are breaking and uh there's only one way price can go up quickly quickly so

another thing I wanted to look at here is the gold silver ratio just to see because we make the case for gold quite frequently on this channel and uh the case for silver as you can see is much more compelling the gold silver ratio right now is hovering around 90 around 88 and uh you know this chart only goes back to 1995 so it kind of looks like it's in a normal range slightly elevated but kind of looks normal maybe it would return to about 60 however when we look at a long-term long-term chart of the gold silver ratio

look at this look where we are we're up here I just upload uh updated this this is uh 300 and how many years almost 350 maybe maybe 340 years okay so 340 years and um you calculated the number of weeks that uh out of that 340 years that uh silver was above 90 uh basically an even greater bargain than it is today you came out with what 0.88% of the time silver has been this much of a bargain three years out of 339 years right and Dan goes wow so that is uh 0.88% of the time for 16 Generations uh that is it just shows you

that this is not just a once in a lifetime opportunity but a once in 16 lifetimes opportunity silver is isn't just the new gold silver is better than gold that's right get your hands on it thanks for watching thank you Alan we'll see you next time