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 I think that we are going to be seeing $48 silver. You know, there's going to be a a $10 move coming up very quickly here, I believe. Now, when it does hit the $48 to $50 level, you're going to see it probably be repelled and it'll chop sideways a little bit. When it blasts through it, we're in clear air. And this is predicting moves that are huge. And I'll get to those in a moment. As we speak, silver, the silver slingshot has begun and as it progresses, more and more people are

going to rush into this and you're going, that number will probably end up closer to 300 million ounces. When you've got a supply and demand issue, what puts them back into balance? Price. It's the only thing that puts them back into balance. [Music] I'm recording this on Friday evening, July 11th, and Silver put in a 14-year high today of $3847. And so, I need to revisit a presentation that I made just a couple of weeks ago titled the silver slingshot. Now, I made this uh at the investor summit at sea a

little over two weeks ago. And uh in there I start with gold and I show where gold has gone and I predict that silver is going to be making these moves very shortly. So let's analyze a little bit of gold. Now gold had put in this pan and handle or cup and handle formation uh and it had put in a triple top and it was making an inverse head and shoulders when I first saw this. And what happened? I predicted that it was going to make a move like that. It was below $2,000. Uh, now I'm updating this a little.

There's the pan and handle. This is a closeup of that area. But notice that the date is April 12th of 2024. So that's more than a year before I made this presentation at the investor summit at C. So this was basically an update. Well, guess what? I've updated the investor summit at this the silver slingshot presentation. So this is basically an update of an update. Uh but uh when I was showing when I made this presentation back in April of 2024, there was that pan and handle. it had

just broken that uh you know I was I was then actually updating a previous presentation where I said that we were going to much higher levels than $2,000. So it was at 2374 when I made this presentation. Uh there was the triple top and I said when it busts through this triple top we have a slingshot move coming. There was the inverse head and shoulders predicting it. And you can draw a line right where that triple top was. Uh you can draw a line across the neckline of the head. This is an inverse head and

shoulders. Flip it upside down. And that's the predicted move. And so I took this, it actually happened much more steeply. Uh this was actually copy pasted from the last frame where I was predicting a move and it happened very very quickly. Well then I updated this for investor summit at C. So this chart was made June 20 of 2025 and uh you can see what the move was. is it hit 3,500 bucks and then pulled back to 33 uh69 basically I'm rounding but it made a top. It hit 3500 bucks. It bounced back.

It's still below 3500 bucks. It's bouncing around. It's noodling sideways and everybody's saying, "Oh, I missed it. I don't want to buy at a high. The top is in and I missed the entire move." Well, guess what? They said that there. They said that there. They said that there and they said that there. The whole thing is taking a position and hanging on. I mean, in order to think that this is a top, you also have to think, well, then they're going to stop. If it's going to fall from here, they

would have to stop creating currency. They'd have to stop typing new dollars into existence. Now, I want to point out the COVID crash during COVID. remember that this is March of 2020, that crash right there and everybody thought the world was coming to an end. We, you know, people were dying right and left. I, you know, remember how scary that was at the time, the lockdowns. Oh, by the way, while I was making this presentation, Amazon sent me a message, and this is from a somebody that bought

the book. It says that the package was delivered, and I received a box with the incorrect item. Breastfeeding nipple breastfeeding nipple covers. Please send me the book. Adi, please advise ASAP. Well, whoever this is, I guarantee you you'll get the book. Somebody will handle this. This isn't exactly my job. But I just had to read everybody this because I had to say breastfeeding nipple covers in a video sometime or another. I thought that was hilarious when I read it. So, let's go to silver and uh there is

the COVID crash and I want to zoom up on the COVID crash here. Now, people thought the world was coming to an end and so did I. I had already by this time back in I was following um COVID in late January and so all through February I loaded up on things. I actually had like, you know, it really looked like this was going to kill a lot of people. Well, it was far exaggerated. Uh and and uh we know what the CDC and the NIH and Anthony Fouchy did, but by the time March rolled around, I had enough supplies to close

my front door. I had I lived in a penthouse in San Juan then, not up at my farm here. Uh and beautiful. looked like an art gallery, not like this, just plain. Right now, it's mission first, team second, individual third. So, I've got a big mission that I'm trying to do and uh decorating this place is like the lowest priority. Uh so, anyway, I wanted to buy gold with every fiber in my body. People were scared. Uh, I had enough supplies already to close my front door for six months and not open it,

including enough oxygen to do a two liter flow 247 for an entire week. Uh, so I I wouldn't have to go to a hospital, but Robert Kiyosaki used to say, "True investors don't run from crisis, they run towards it." And when silver hit this low, the gold silver ratio went up to a over 123. It was just below 125 at the peak. And I didn't buy gold. I bought silver down at these prices. I didn't nail the 123 to1 or 124 to1, whatever it went to. But I did buy uh and I I added significantly to my

position uh where it the ratio was over 110 and another purchase over over a 100red. And so let's get to silver. Now you'll notice that there's the COVID crash uh and there is the cup and handle and this there's the inverse head and shoulders. uh there is, you know, multiple hits on it on, you know, trying to break through. So, it's not the same triple top that you saw before, but you can consider that the neckline. And if you flip that upside down, it's the predicted move. Again, notice the date,

April of 2024. But we ran into some resistance there. Uh there was the previous peaks. And so uh this is the update that I did for investor summit at sea uh of June June 2025 is the this chart and you can see the resistance that we had run into that sort of stopped the progression. Uh and then when it finally busted through that resistance, we were at 36 bucks then, but it ran into this resistance that was 13 years old. And that resistance was a uh 3746 high and 3689 close. The high was actually the day

after the highest close. It closed uh 36.89. The next day it opened and it uh bounced around and made a high of 3746 and then closed down in the 34s actually on that day. But that was the resistance that we were running into. Now this is mostly technical analyst resistance. There's technical analysts looking at this betting that it's going to hit this resistance and and go down. And they're right. they they cause themselves to be right. If there's enough people looking at this and

trading off of it, it's a self-fulfilling prophecy. And so this caused it to do a little bit of a pullback. But when you actually look at the real resistance, the people that bought back then that are waiting to get back to even, this was only two trading days. So it was nothing. It was bound to fail and fail quickly. Uh and so it did today. This is uh July 11th, 2025. And there you have a close of 38.47, but an intraday high of 3853. So, this just blasted right through the previous resistance that you see here in

the 37s, 37 to 3720. Uh now, let's take a look at a longerterm chart uh as of today. So we're at 3847 close. Uh and this is the previous high that it where it had run into ex resistance before. Uh and we have cleared that uh significantly. I mean we blasted right past it. So now the we're at a at highs instead of 13 years we're now at highs we haven't experienced for 14 years. But let's take a look at let's do a closeup on this area right here. And so that's this chart. And what you

see here, the the main things that I want to point out, there's that high that caused us to stall in the 37s and then go up. And like I said, the uh highest intraday was the second uh the I can't remember the date, but the second one of those two little bars there, the first one was the highest close. Uh but where we are today here, the reason I want to point this out is look at the look at this. There's only about three months of trading that occurred at higher prices than this. And it's more

than it's 14 years ago. So how many people are uh still sitting on silver that they bought at above these prices that are are waiting to break even and are going to dump their silver. Very very few and most of those people are absolutely convinced that it's going to far higher prices than this and so they're not going to sell anyway. So that means it's only the technical traders looking at this. It's 14-year-old weak resistance. And that means that when it does get to some of

these peaks, we're going to see a little chop and a pullback and a little chop, but pretty much it is clear sailing to here. And I from here and I think that we are going to be seeing $48 silver. You know, there's going to be a a $10 move coming up very quickly here. I believe. Let's uh zoom in on this. On the old chart, you can see the cup and handle the 2011 peak. It was at 2833. Then there was the cup and handle. There's the resistance. There's the inverse head and shoulders. I said I I

believe that we are headed up to these prices. Now, when it does hit the $48 to $50 level, you're going to see it probably be repelled and it'll chop sideways a little bit. When it blasts through it, we're in clear air. And there's I've I've pointed this out many times before. Uh, and I believe that I was the very first person to notice this. This cup and handle is inside of a 50. You know, it's from January of 1980. So, it's a 45y year cup and handle and this is predicting moves that are huge

and I'll get to those in a moment. But I here's same cup and handle and an attempt that I made to draw it on a trackpad. It's not easy. Uh there's a a little bit better cup and handle that fits it. Now, this is a snapshot of a page uh from the Kindle version of my book. uh the great gold and silver rush of the 21st century. And in there I said that silver was in a bubble in January of 1980. But I but uh because of the economic storm that is coming because of the coming economic storm which by the way we are

in right now. It's happening. But because of the coming economic storm, I believe that they are destined for bubbles far greater this time and around. So for fun, let's compute what the silver price would be if it went into the same type of bubble relative to the growth factor in the currency supply and other assets since 1980. The numbers below show where silver would be relative to its 1980 price derived simply by multiplying the 1980 5250 high. That was the intraday high on the Chicago Merkantile Exchange. The close

was $50, uh, by the percentage rise in these other categories since then to their most recent peaks in this decade. Now, some of them have gone to even higher peaks. This was all written back in the summer of 2022. So this is as of three years ago. The consumer price index three years ago predicted that silver would have to be $200 an ounce. $200 per ounce. That that was the prediction three years ago. Have has there been inflation since? The the single family median price home $468 per ounce silver. if it had turned in

the same percentage increases as single family median price homes. The Wilshire 5000 stock index. This one will blow your mind. $2,178 silver per ounce. 2178 per ounce. Now, that is not going to happen. uh but if it had grown by the same percentage as the Wilshire 5000, the 10-year Treasury bond $1,059 as measured by the inverse of the yield. Uh the US GDP $468 the same. So, uh real estate has kept up with single family homes. Uh silver went from $50 down to $4.30 and I've been buying it since those lows.

um uh from 1980 to 2002 I think it was uh or 2003 uh and then started rising and it has you know it has turned in spectacular performance this decade uh currency in circulation so silver is measured in currency how much currency have they printed this is the paper currency in circulation if it had kept up with the growth of currency in circulation, silver would have to be $971 an ounce. Now, I'm not saying it's going to a,000 bucks an ounce, but anything's possible. M2, $781 an ounce. M2 includes a bunch of bank

credit. MCM, which they uh hid from us in February of 2021. They still collect the data. They just don't publish this. Uh, and that is $1,250 an ounce. Now, if you add all of these prices together and you divide them by the number of prices, you get the average. And the average is $921 per ounce. I'm not saying it's going there. What I'm saying is that uh 38 bucks is still an absurdly low price. This is not the top in my opinion. Now, let's take a look at the supply demand. This is part of the update. Still what

you just saw was part of the presentation at investor summit at C. I inserted this just this evening. So supply demand between the black bars you've got total supply and then uh 2/ird the way down total demand. You uh take the supply minus the demand and you get the market balance. And for 5 years there's been a deficit um 70 you know minus 79 million ounces minus basic I'm going to round 250 million ounces uh minus 200 million ounces minus 150 million ounces minus 117 118 million ounces is the projection for 2025.

But then you go down here and there's the market balance less exchangeraded products. So people taking silver off the market in exchange products and instead of five years of deficits you end up with 7 years of deficits and it's it's far greater. So you've got uh 70 minus 73 million ounces, 286 million ounces, 144, 132, 163, 210, and then it's it's estimating forecast of 187.6 for 2025. Boy, is this going to be wrong. This this incorporates exchangeraded products and uh as we speak silver the silver

slingshot has begun and as it progresses more and more people are going to rush into this and you're going that number will probably end up closer to 300 million ounces. What is what what is um when you've got a supply and demand issue? What puts them back into balance? Price. It's the only thing that puts them back into balance. We got seven years here of deficit. It's got to go back into balance somehow. The only thing that resolves that is price. But there's going to be a huge overshoot.

Price increases production. But this is coming out of mines that take years to to get into production. And so, uh, as demand increases, price has to rise. and it has to rise far further than the natural supply demand balance that would occur if silver could come to market instantly, but it can't. And so, uh, this is from April 17th. The happy Hawaiian said, and it it's been in in videos before, how much silver exists in the ground compared to gold? Oh, there's roughly 19 ounces of silver for each

ounce of gold in the Earth's crust. So, how much silver do they mine each year compared to gold? Well, they mine about 7 ounces of silver for each ounce of gold that they mine. Hm. So, how much silver is available in stockpiles? Well, of those 7 ounces of silver that they mine for each ounce of gold, we use most of it up. It's about 60% or more gets used up in electronics, in mirrors, in uh superconductors. Uh it's it's used everywhere. It's the second most useful commodity known to

man. The first being oil. So how much is available in stockpiles? Well, because we used up so much, there's about 3 ounces of silver available for each ounce of gold that exists above ground. So what's the price of gold compared to silver? 102 to one. 102 ounces of silver to equal the value of 1 ounce of gold. That was in April. Today this is at about it's just below uh 88 I believe. So about 90 I in in uh well let's let's Okay, cool. Uh so which one do you buy? Now this chart uh is the average ratio

of uh gold to silver ratio going back to 1687. and it's from an old article uh from golds.com and you can see during the pandemic it hit 123.5 there. Now when we made this chart I had them in in you know it this is all annual data. So we had to insert the day that uh in in the spreadsheet that generates this the day that silver was peaking at 123.5. But what they didn't do was insert the uh the day where silver the gold silver ratio bottomed in 2011, the most recent bottom there. This says 42. It actually

bottomed down at 30. And so if you take that we're at about 90 and it's it's just absolutely in my opinion destined for below 30. I think uh that that range where it's uh uh down at 20, we should put it in at least one of those. But if it doesn't at 30, you're still with silver, you're getting three times the performance of gold. So you could buy silver today and then uh swap it for gold when it hits 30 and you get three times more gold than you paid for. So we're going to take this back a lot

further. The gold to silver ratio throughout history 32 B 3200 BC 3:1 3 O of silver was equal to 1 ounce of gold 9:1 2:1 10 1 a,000 BC 12:1 15:1 15:1 8:1 when Julius Caesar was alive uh 13:1 8:1 in Italy in 1275 5 15 10 5:1 in Japan in the year 1500 14 10 12 15 and 105 to1 in 2025 if you got anything from this please consider supporting golds.com make them your dealer that's how I pay for this I want to thank you for watching we'll see you next Time.