Silver's 44 Year Cup & Handle "Now, I Believe MID TO HIGH Triple Digits Are Baked in the Cake"

Рет қаралды 94,434

18 күн бұрын

Get Mike's book on Amazon for just $19 here: www.amazon.com/Great-Gold-Sil... Join Mike Maloney as he explains why he believes that silver may eventually reach mid to high triple digits when priced in US dollars. Dive into an epic financial adventure as we traverse through decades of silver pricing history, exploring striking chart patterns and bold predictions! From a massive cup and handle spotted in 1975 to an intricate inverse head and shoulders, discover why these signs hint at an explosive move in silver prices.
In this video, we decode the complex relationship between silver prices and the growth of currency supply since 1980. Unveil the potential of silver rising to triple-digit territory, with technical analysis suggesting a leap well into the high triple digits. We're not just talking about a jump from $50 to $100; we're projecting silver could hit staggering heights, potentially reaching $921 per ounce based on average estimations across various economic metrics.
Inspired by America's classic hit, this discussion is a homage to all the "lonely" silver investors who've patiently awaited silver's moment. If you've felt like life has passed you by while waiting for silver to break its historical high, this video promises a glimmer of hope and a journey to potentially lucrative returns.
Strap in as we also explore global trading dynamics, particularly how Eastern markets are influencing silver's fate against Western trends. Understand the strategic shifts from gold to silver investment in global powerhouses like China, and why this could be a game-changer for silver enthusiasts.
Stay tuned as we blend nostalgia with keen financial insights, making this not just an analysis but a thrilling exploration of what could lie ahead for silver prices. Don't miss out on understanding how historical highs and intricate chart patterns converge to signal a possible silver rush that could redefine your investments.
For an even deeper dive, check out the free chapters of "The Great Gold and Silver Rush of the 21st Century" at www.GGSR21.com, and arm yourself with knowledge that could guide your next big investment decision.
Remember, while the potential for profit is tantalizing, the journey of investment is fraught with twists and turns. Subscribe and stay updated as we continue to navigate the volatile waters of precious metals markets together.
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As always, thank you for your support. M.

Пікірлер: 575

@Goldsilver 16 күн бұрын

Get my new book for $19 on Amazon: www.amazon.com/Great-Gold-Silver-Rush-Century/dp/B0BP3HW5HJ/ref=sr_1_18-1

@frankcarlos6762 16 күн бұрын

mike when will be your new hidden secrets behind money will get dropped on youtube

@frankcarlos6762 16 күн бұрын

thanks so much i bought silver on 22 dollar for one ounce , i bought 700 ounce very happy and took all my cash from the bank i am ready

@rogerburn5132 16 күн бұрын

Mike Thanks for the Brilliant information BUT I em still buying more Silver So I don't Need the price to go up Now 🥈🥈🥈

@rogerburn5132 16 күн бұрын

Mike your background Now is Better than when you were in your office 👍👍

@issenvan1050 16 күн бұрын

Even during a recession? Why no timestamps, btw.?

@mikebrown6854 16 күн бұрын

“High triple digits baked in the cake.” May those words go from Mike’s mouth to Gods ear.

@KhalidFounounou 16 күн бұрын

May be God’s words to Mike’s mouth

@safffff1000 16 күн бұрын

Lol, I have been hearing stuff like this forever. As the entire commodity market is all controlled by the Elite which got majored screwed 200 yrs ago when silver became more important and plentiful in the new USA as to effect the gold trade. The elite have a long memory for revenge and since silver is now linked to the common man or patriots. They will never let what you say happens unless it is in a small bubble they control and profit from when it went to 50 and right back down. Dream on, the only people that push this magical happening are usually selling silver.2

@Ninurtha1 16 күн бұрын

Careful what you wish for my friend. Gold/silver are indicators for mad max scenarios. Just because you have insurance you don't wish for head on collision with a 18 wheel truck to collect .

@jeffjohnson1302 16 күн бұрын

Any to my pocket book

@InsipidRoustabout 16 күн бұрын

@@Ninurtha1 OR....are we already in the Mad Max scenario (where monetary truth is the Wild, Wild West) and Silver/Gold prices going to where they "should" be is a step to a more civilized and logical world?

@whereeaglesdare9584 16 күн бұрын

Let’s not break out the champagne until we break $50.

@stevejames3857 16 күн бұрын

$30

@scottheller1379 16 күн бұрын

30's easy. Some will be breaking even. I like the 50

@lowbloodprsure 16 күн бұрын

Can't hold 28.

@SirMillz 16 күн бұрын

$100+

@tonyneville4425 16 күн бұрын

Crimex will be gone by then

@SandwichKing-lj4ej 16 күн бұрын

When the paper market eventually breaks down if run on physical, silver will likely skyrocket.

@johnboettger864 16 күн бұрын

likely, of course, how could it be anything else?

@Mekkalekka 16 күн бұрын

The run has begun

@Ernster86 16 күн бұрын

LOL keep dreaming. Everyone said the same thing back in 2010. It never happened and wont happen.

@safffff1000 16 күн бұрын

@@Ernster86 The elite won't let it happen, they want revenge from when the USA used silver 200 yrs ago and now sold the patriot in buying it who they want screwed.

@Mekkalekka 16 күн бұрын

@@Ernster86 haha.. you still believe in never.

@johnboettger864 13 күн бұрын

I started investing in silver back in 1345. I'm still waiting, but I know my time will come. I will rule the world some day. I remember 50 years ago when Mike first started his push in silver. His day too is coming.

@GeorgE-yo5yc 10 күн бұрын

What currency did you buy silver in back in 1345? 😄 Wasn't that around the time of the Black Death and how you still managed to pull through?

@thegardenfarmer 9 күн бұрын

🤣🤣🤣🤣🤣🤣😅😅😅😅

@ericsanjuan4901 16 күн бұрын

10 years ago I used the price the my parents bought their house, and what's its worth now, yes 10 years ago. Doing that basic math I got silver should be $800

@gimpee8113 16 күн бұрын

only silver nv go up. everything double. My frd in china already bot silver 2 years ago, is not surprise they are buying now when they see gold so hi.

@RestorationofallThings 15 күн бұрын

Been buying silver since 2014. I’m sure hoping Mike is correct! Thanks Mike for your videos on the hidden secrets of money, I learned so much by watching that series!!

@ryanpatterson9526 16 күн бұрын

$971/oz silver would make me a very happy man!

@truth-or-nothing 16 күн бұрын

The world around you will be unlivable. Bread would be 100$ a loaf

@cg1811 16 күн бұрын

@@truth-or-nothingpeople don’t understand how bad things would really be if silver hit high triple digits.

@truth-or-nothing 16 күн бұрын

@cg1811 Greed has many blind 😳

@jacobmoore627 16 күн бұрын

@@truth-or-nothingwould still be able to afford the bread

@franciscoreyes7370 16 күн бұрын

@@cg1811 A few years ago I would have said that about $2400 gold.

@justinevansgsm2swaw 16 күн бұрын

Morgan’s, many minted before 1900, were one dollar. Today, one Troy ounce of AG is just under $30. So, in well over 100 years silver went from $1 to $30 essentially. Nothing is even close to this undervaluing.

@ColeDedhand 16 күн бұрын

Morgan dollars are 0.7734oz of silver. .7734x$30=$23.20 So the undervaluing is even worse.

@justinevansgsm2swaw 16 күн бұрын

@@ColeDedhandvery true. Just making a rough approximation.

@mohamedAli-kj6fb 15 күн бұрын

Would be the same if we went over 900 now lol

@StockDude 15 күн бұрын

And you don't even have to calculate that the money supply has gone up way more in percentage terms since then. Maybe we can give Adam another homework assignment. 🤩

@superapex2128 16 күн бұрын

Since the Industrial revolution, we have lived in a world where the amount of goods and services produced went up exponentially while the supply of real money (gold) was stable - that should have led to a matching exponential rise of our standard of living. Now that we have practially de-industrialized the West, we live in a world where the production of goods and services is stable - if not declining - and it is DEBT which is rising exponentially! HOW ON EARTH DID WE GET HERE???

@gerryboy3699 16 күн бұрын

its a banking mafia that is in control

@jean-louislalonde6070 16 күн бұрын

Because greedy one percenters asked and were allowed to send millions of good paying jobs to China to produce at a lesser costs and pocket the difference. They love money you know.

@gwills9337 16 күн бұрын

Good observation

@thomasjohnson7990 16 күн бұрын

With the rise of the labor unions in the 60s as well as growing taxes both corporate and personal, it created the beginning of the de- industrialization of the US in particular in the 70's . Entire industries moved off shore. No one in the government has tried meaningfully to fix it since it started and here we are.

@superapex2128 16 күн бұрын

@@thomasjohnson7990 Is it any wonder the right to vote was given to everyone, no matter how ignorant and irresponsible, in the 1960s? It's clear CBs bribed a few corrupt politicians back then so that the majority would vote for socialist policies designed to enslave us via compound interest on the national debt - and it worked!

@Cloxxki 16 күн бұрын

The hardest part to going all in to beat any market through silver is living long enough to see the day.

@user-le5rz7gx9y 16 күн бұрын

It really doesn't matter to live long enough. Did you not have fun stacking? Hopefully those that you care about can be recipients - its a blessing to them.

@Cloxxki 16 күн бұрын

@@user-le5rz7gx9y It was fun while I had a positive budget. When I was wealthy from other things, it evaporated before I'd stacked from it. I've sold all the bulk stuff and am now left with a collection of special item that needs to be sold piece by piece to extract the premium. If we get time, I may get back to stacking, but in euros it's almost the ATH now.

@88gcllc 15 күн бұрын

U will never c that day

@Cloxxki 10 күн бұрын

@@user-le5rz7gx9y It's fun to stack when income is plnetiful, let fun to see the ultra slow growth. Selling is a pain if like me, you ended up with one of each, and they've all a bit more special than straight generic coins or rounds.

@billp4 6 күн бұрын

@@88gcllc Learn English.

@alby13 16 күн бұрын

20 years payoff is all yours, Mike. We toast to your riches and wealth of REAL MONEY.

@LarsLarsen77 16 күн бұрын

I'm not a stacker, I am just a TA trader, and when I saw the silver chart confirm those massive patterns I decided I was patient enough to wait for them to play out.

@OurHeroXero 16 күн бұрын

√ Cup and Handle √ Inverse Head and Shoulders √ Quintuple top √ Global debt crisis √ Inflation/Money Printing What's the case _against_ gold again?

@alfredlear4141 16 күн бұрын

Governments don't like it

@jean-louislalonde6070 16 күн бұрын

@@alfredlear4141 WESTERN governments don't like it. Many BRICS countries' central banks are buying hand over fist.

@ml-mw7ms 16 күн бұрын

😮 wow

@zeefang 16 күн бұрын

Silver is sweeter 😁

@bajsbopper 13 күн бұрын

The problem is technical analysis is dumb 🤣

@spankymcduff9683 16 күн бұрын

The stock market in China and the Real Estate market which are both used by the Chinese populace for storing of savings are not doing well. It's been hypothesized that they were buying gold when the price was a bargain but that is not now the case. If they ever decide that silver is a good storage of wealth you will see some serious action.

@gordongadbois1179 15 күн бұрын

i appreciated Jim Willie's assessment following Fibonacci numbers back a few months ago @ $22 and change. Hit $30 then $50, $130,$180,$310,$490, $800,$1290, $2090,$3380,$5470, . . . Who knows where it will end up but it's a natural progression ratio. Just repeating what Jim put out there.

@apaeth2 16 күн бұрын

It's not how high silver goes in dollars that matters. It's how far the bubble assets like real estate and equities fall in terms of an oz's purchasing power.

@dbgoestotheinternet7609 15 күн бұрын

Exactly 👏

@viperviperpiro 16 күн бұрын

i saw this cup and handle pattern 3 years ago... problem is , we are going to wait for another 10-20years for it to fully hit the peak price!

@tomfoolery333 16 күн бұрын

It is going to be going up for the next 40 years. Not sure I will live to see the peak. That is ok. We will benefit all along the way for the rest of our lives.

@BlueToronto 11 күн бұрын

Yeah. Considering how slowly silver builds up, how long it's been since it hit $50, and considering how long gold messed around its old all-time high, I wouldn't be surprised if if took silver a while to get through $50. I'm no expert, but that's my observation. Or let me say, maybe it could slip above $50 but it might be a while before it decisively leaves that area.

@bradpankow1112 16 күн бұрын

Mike- Been watching this cup and handle chart myself on the long term for the last 5 years. It held up insanely well and went in with a few fists sub 20$. Appreciate all the knowledge you share!

@jpmhp 16 күн бұрын

Silver to 100 let's go

@jimgilmore1219 9 күн бұрын

Silver will disappoint again and retract below $22 (again)

@jpmhp 9 күн бұрын

@@jimgilmore1219 that's some bs 😒

@jaytan915 16 күн бұрын

Thanks for the inspiring presentation. The silver, cup and handle pattern on the long-term chart was staggering and so beautiful. Could be history in the making, in slow motion before our eyes.

@MaurizioAgui 16 күн бұрын

*75 oz of Silver for an* *Average Size Home* *Soon* *Very Soon my Friends*

@argentummolonlabe 16 күн бұрын

Thank you for discussing the 44 year cup and handle! I've ben watching this form now for years and was hoping someone would discuss it! Hold on! :)

@elsbearylovegood9473 15 күн бұрын

Paper to Silver ratio is 396:1 Dollar to Silver ratio is $1550oz Current Gold to Silver Ratio 1:85 Current Au:Ag annual mining ratio 1:8 Paper derivatives are really no more than hollow inflated promises used to prop up the economy by enabling high volume high frequency trading between banks,hedgefunds, etc. which is effectively the means to manipulate anything at any price to whatever end which they do, shorting silver(among other things) and crashing the price, cashing in, then letting it run a few bucks just to knock it back down. All the illusory implied value in the ponzi system will be absorbed and realized by tangible assets when their global casino crashes. Silver 8:1 with Gold is $300 minimum but that’s assuming golds true value is being represented in today’s markets. USD in Existence to Silver Oz mined annually is $1550 Todays price multiplied by the number of fake paper Oz to Real Oz is $12000Oz Industrial use of silver doubled last year and there is more silver in landfills than there is in global reserves

@alexisvolleyball3958 16 күн бұрын

I think it’ll pause around $800 for about a year then get up to about $1,500 within 3 years

@douglasanderson7301 16 күн бұрын

Why?

@r.s.334 16 күн бұрын

Lol

@mikebrown6854 16 күн бұрын

Ok 😊

@cornstar1253 16 күн бұрын

Sure. Not in our lifetime though

@argentummolonlabe 16 күн бұрын

I think that may be conservative. Once the manipulation breaks, I see it 1:1 with gold and perhaps even pass gold for a time. The question is "How high will silver go?" It's, "How low will the dollar go?" Answer, infinity.

@Anrirua 15 күн бұрын

Great analysis Mike and Gold Charts of course. Thank you 🎉❤

@jackhydrazine1376 16 күн бұрын

It'll make it to $1000/oz. Just watch.

@user-tm8km1po6k 16 күн бұрын

Thanks, i like that you back up with charts👍

@DiscoverTruth-yl3pr 16 күн бұрын

I'm selling 50% of my silver if it hits $250 per ounce. It'll wipe out my debt plus some.

@alfredlear4141 16 күн бұрын

Same. Imagine the interest rates! Sliver and gold are my insurance against incompetence in government

@rogerburn5132 16 күн бұрын

And few months later the price of Silver goes up to 550 dollars per ounce 🥈🥈

@magma9138 16 күн бұрын

Important to TAKE PROFITS OUT! Meeeee too.

@vassallo604 16 күн бұрын

Don't care

@rogerburn5132 16 күн бұрын

@@magma9138 "" PROFITS "" in Fiat currencies that the central Banks print Endlessly are No Profits. They could be if they are kept in physical Gold and Silver bullion and coins 🥈🥈 Look at Venezuela and Zimbabwe currency's and Weimar Republic Hyperinflation in the 1920 😊

@TheLarigrl 15 күн бұрын

Listening to this made my day! I learned about money from you and I learned about via Currency from you. Ever since then I've been stacking silver. Just a little bit at a time, but this makes me so happy thank you Mike for all you do.

@rogerdrews4120 15 күн бұрын

Im positive James Turk, Schiff and Ghaddy out of Switzerland have pointed this Cup n Handle out. Our club has the last 2 or 3 years, and i individually did nearly ten years ago (before the handle fully formed).

@Trapster99 16 күн бұрын

The last time silver made that kind of jump, gasoline went from 30 cents a gallon to over $1.20!! Today, that would mean gas going from $3 to over $12!!!

@scottheller1379 16 күн бұрын

Cool

@user-le5rz7gx9y 16 күн бұрын

Yup.

@bonnieupton4114 16 күн бұрын

Yikes

@kandkpop 16 күн бұрын

I wish gas was still only $3! It's $4.50 in Phoenix now!

@joshuakelleher-bw5dg 16 күн бұрын

That’s going to happen once Biden successfully dries up all of our reserves.

@brironmanbtl1162 15 күн бұрын

Thanks Mike! Largely also because of you I've bought silver. Cheers, B

@Mr12barbluz 16 күн бұрын

If gold goes only to $5,000 per ounce and we get a gold to silver ratio of 15, that puts silver at $750. This has been my simple projection since I started stacking 25 years ago. This is NOT extreme. 1,000 ounces of silver should get you a pretty nice house like it did in 1981.

@stevenpinter3146 15 күн бұрын

$333 dollars, but I get your point

@mikebrown6854 12 күн бұрын

Well said. I am a 15 year vet of waiting, watching, learning and have come to conclude and agree with your sound analysis.

@soiboughtabus9563 16 күн бұрын

Triple, quadruple, I'm thinking 5 or 6, maybe 7 digits, 12 or 15. I have 100,000,000,000 Zimbabwe bill right now that won't buy 1 oz of silver. That Zimbabwe dollars is made the same way the us dollar is made. FIRE UP THE PRESSES!!!

@reecec8490 16 күн бұрын

At least we get eggs and milk. You get Pfizer

@butchkrueger7580 15 күн бұрын

Thanks for the encouraging message Mike!

@Motoicon 16 күн бұрын

Been at this for many years and I don't expect any of this...Not until the manipulators have lost their appetite for theft...But I do have to admit the price action of late looks very promising...

@drip369 16 күн бұрын

Don't bite the handle that hydrates you

@billadama 16 күн бұрын

On the surface the potential is very exciting. But the problem with extrapolating the silver price from 1980 is that was the very peak of its bubble that quickly collapsed. I think you should pick more of a moving average price to base your estimates on.

@christopherteem204 14 күн бұрын

Thanks for all your analysis, Mike! How do the following items affect your prediction for silver value? The historical gold/silver mining ratio? The historical gold/silver price ratio of 15:1, currently at 87:1? The current paper to physical silver ratio of around 395? Thanks.

@louispassi2933 15 күн бұрын

Mike, I appreciate your video that tells me everything I want to know in the first 90 seconds!

@markjohnson9445 16 күн бұрын

Enjoyed your video, and your past videos over the last few years. Started saving a little silver from the mid 1970's till today. Looking foreword to the jump past $50 again.

@rogerburn5132 16 күн бұрын

Mike as Usual Brilliant information Big Thanks information - priceless ALWAYS LIKE 👍👍👍

@newworldforward1842 16 күн бұрын

Watch the Shanghai price compared to the LBMA/COMEX price. Lately gold is priced almost $100 higher in Shanghai. This difference will grow, causing more arbitrage where traders will buy on COMEX and sell in Shanghai and pocket the difference. This will continue until there is no gold available on COMEX and traders can only settle in cash.

@marka8855 16 күн бұрын

And in the market's ebb and flow, silver holds its place, A tangible asset in an ever-changing space. Though oft in gold's shadow, it carves its own way, A precious companion, steadfast come what may.

@UnspokenWords2010 16 күн бұрын

I've seen this pattern Mike. Hopefully it means it breaks upward from here on out like a rocket 🚀

@arizona5589 16 күн бұрын

Great video Mike! Keep it coming! 👍 👌 ✔️ ✅️

@marknordgard1916 13 күн бұрын

Im so happy I sold half of my silver stack years ago and bought more gold

@ILLUMINATOR49 15 күн бұрын

Always a great presentation 🖖

@Goldsilver 15 күн бұрын

I appreciate that

@elaineweddle7267 15 күн бұрын

You did a very good presentation. Thank you.

@Goldsilver 15 күн бұрын

Glad you enjoyed it

@johnnichtern4184 16 күн бұрын

Very Informative, Thank ;You.

@mohammadyosry6380 17 сағат бұрын

I appreciate the effort you put in this work Mike. Thank you.

@MrMilanoLau 15 күн бұрын

The problem is I don't have the patient to wait for 44 years.

@GC_4 10 күн бұрын

I’ve been watching this 40+ year cup and handle since I heard it from Bo Polny a year or two ago. Not a big fan of his anymore but still agreed with most of his technical analysis. Anyway…can’t wait for this final move. Appears as though we’re very close now!

@lowbloodprsure 16 күн бұрын

When? Been waiting 50 40 years now.

@alby13 16 күн бұрын

What exactly so you think is going to happen? If you thought the price would explode beyond the all time high, that was not a good prediction.

@scottheller1379 16 күн бұрын

Tacky. I must say. And for what?

@pato73373 16 күн бұрын

if anyones wondering that sexy cup and handle chart has a target of $75ish strictly off technical analysis. A general target for a cup and handle formation would be the height of the cup on top of breakout point of handle which seems to be around $75 on my chart. Of course silver can go much higher than that (especially if china pumps it), but I think that is a fair price target strictly off of this cup and handle. not financial advice.

@mofun5315 12 күн бұрын

I show $70.00 from the cup and handle,(I use around $26.00 as the break out point) Don't know where they're getting these crazy numbers from. lol

@Marcovian04 12 күн бұрын

Excellent video!! Thank. So much for your incite.

@Cloxxki 16 күн бұрын

One flaw in those projections: Silver is a surface and byproduct mining metal. There's been efficiency achievements in that field. We're looking so long term here. Gold mining....did that get much easier, with the increased underground safety measures probably in place? Look how big dump trucks have gotten in silver/coper/zinc mines.

@anewdimension8462 16 күн бұрын

Yes, I see it on the 12 month chart.

@toddo4329 16 күн бұрын

Should not be surprised just look at gold

@tinfoilninja 16 күн бұрын

Longest cup and handle in the history of all cup and handles. Baby boomers hopefully see triple digits

@jimstephens1666 15 күн бұрын

In what time frame? Next year, decade or century?

@andreavandekleut6379 16 күн бұрын

getting excited for prices like that but then again , what sorry state will most people be in, when silver goes this high??

@user-le5rz7gx9y 16 күн бұрын

That's a real concern.

@ryanb1444 15 күн бұрын

Stop buying garbage with Monopoly money and buy silver. Not my problem they do not educate themselves or listen to others

@Joseph-wp2ry 12 күн бұрын

So True. When gold hits 10k per ounce, and it will, things will be sooo bad, that marshal law and curfews will be a norm. Government food lines will include well dressed women, who arrived in their Lexus. People have NO idea just how bad things are going to get…. Unfortunately, it’s going to be Biblical….

@michaeljlangford 16 күн бұрын

Good stuff! Thanks Mike.

@prs26 16 күн бұрын

Thankx Mr. Dollar

@b4ph0m3tdk9 13 күн бұрын

Been buying and holding since 2017, it has been crazy times, but now we are finally moving.

@tennesseeprepper5102 16 күн бұрын

Thank you Mike

@davidlewis4013 16 күн бұрын

Stay fit healthy Mike- when it happens u don't wanna get too sick to spend it!

@UnspokenWords2010 16 күн бұрын

I pray Mike lives a long healthy life so he can enjoy the shade of the trees he's planted. He's helped wake a lot of people up to the world of stacking, and why we do what we do.

@andyirons7162 3 күн бұрын

Mike sick?

@bobbygrace8579 16 күн бұрын

Thanks Mike love your channel !

@TheFox808 4 күн бұрын

I noticed the 40yr cup & handle a few years ago. $900 silver would be nice, but I don't think it's going to go anywhere near that high... although I hope I'm wrong. The lowest gold-silver ratio I could find in the last 100 years was 15:1, so $900 silver at that ratio would mean $13k gold. Maybe one day, but not for a long time. I think $150-250 silver is more realistic. Again, I hope I'm wrong.

@calebfast8088 16 күн бұрын

Two or so years ago I thought 100 might be the absolute high of what we'd hit in this market. Now that things are running, I'm starting to see the logic behind even higher calls.

@33grise33 16 күн бұрын

Great job Mike!

@emperorsnewclothes2429 9 күн бұрын

Bread was about 0.50cents in 1980 now it's about $3 depending on where you live, so even bread is up 6x since.

@ColeDedhand 16 күн бұрын

I'm not celebrating the fall of the dollar. I'm just glad I stacked some metal in preparation.

@johnnichtern4184 16 күн бұрын

lVery informative, Thank You

@bobsilver3983 16 күн бұрын

Thanks for reminding me about the group America, I'm going to listen to them today! Thanks!

@technetin 16 күн бұрын

Mike any thoughts on Ascot, they just went throug a 6 month cup and handle into a consolidation.....no breakout?

@clintcowan9424 16 күн бұрын

Purchasing power, not wealth. $300 silver is $30 gallon gas Yikes

@crazyasieverwas 16 күн бұрын

Just like the 100 dollar loaf of bread?🙄🙄🙄🙄🙄🙄🙄🙄🙄🙄🙄 no it’s not going to be that way. Everything including bread and “ gas” will be revalued

@alfredlear4141 16 күн бұрын

Well I could pay off my mortgage at least ...

@clintcowan9424 16 күн бұрын

Fixed loans will be great to payoff. Lynette Zang, ITM trading, said sell the high move into cash payoff stuff and keep some cash, then buy back when it drops. Metals prices when compared to Weimar Germany hyperinflation, are way volatile. Looks like a seismic graph

@MattVenezuela 16 күн бұрын

Nope not how it's going to work... but keep living in fear... metals have been manipulated for decades no one really knows what it's worth... $50 silver in Jan 1980 gas didn't go from $0.48 gallon to $4.80.... it went to $0.52 a gallon... I remember I worked at a gas station while I was in high school

@gwills9337 16 күн бұрын

It’s not linear like that at all. Especially as more people demand it, the price will rise faster than other real goods and services and you’ll be richer.

@indigosoundsstudio 16 күн бұрын

Gold is up 33% in the past 6 months. Silver is up 40% in the past 6 months.

@censorbureau 16 күн бұрын

Gold hit +20% over its previous ath, silver is still -46% from its previous ath. Silver has been a dog, hope that changes and every dog has is day, but no denying it's poor performace so far.

@egyptianhebrew91 16 күн бұрын

and silver is still below 30 dollars nit wit.

@funkyguy99 14 күн бұрын

@@egyptianhebrew91not in other currencies.

@Habeev07 11 күн бұрын

Silver is essential to modern society. Its going to become so valuable in the future.

@shawnluckyboy 16 күн бұрын

I was reporting on this 43 year cup and handle months ago. Not 44 year.

@guyshipman6646 16 күн бұрын

Maneco64 has done a few videos about the 40 year, silver cup and handle.

@andyirons7162 3 күн бұрын

Northstar bad charts, ghaddy, sd bullion....mike needs to get out more

@popsbubbles1242 16 күн бұрын

It just makes sense to buy silver over gold. Gold may double , Silver may quadruple or better! Silver is a smaller market. All the silver is being thrown away in cheap electronic goods. The move into electric, solar, is depleting the remaining above ground stock, silver is effectively more scarce than gold. Silver is mined as a by-product, mines can't increase supply if demand soars. Silver is the metal to buy, coming out of the ground at 1 to 8 yet is more than 1 to 80 against gold. War uses a lot of silver in weapons, cruise missiles hold 3kg of silver.

@jean-louislalonde6070 16 күн бұрын

It is costly to send Mr ayatollah to kingdom come...

@tomfoolery333 16 күн бұрын

Lots of healthcare uses, high tech uses, military uses. 10,000 industrial uses of silver. Smaller market than gold. I don't understand how more people don't see it. I woke up to it 10 years ago. They will get it and that day is coming soon. Unobtanium is not just wishful thinking by the silver bugs. It is baked in the cake. $921 is going to look cheap. The only thing that will matter in the end is how well it preserves purchasing power, or better said, how much it increases purchasing power. Wise people will be trading silver for cars, houses and other stuff they want in order to increase their net worth.

@censorbureau 16 күн бұрын

@@jean-louislalonde6070let's hope Mr. Ayatollah sends Mr. Netanyahoo there first

@rogerdrews4120 15 күн бұрын

Straight up typical TA would take silver to $75-95 with spikes of $125-150 possible. I made this projection to our investment group back in 2010. I would suggest a multi-tiered selling strategy.

@dennispoolspaservicetdcigl746 16 күн бұрын

I wonder how many of us followed you into the abyss. In 2011 I cashed in & started again. This is even more fun the second time around.

@dmitriy131 15 күн бұрын

Thank you❗ 👍

@rossgalbraith3878 13 күн бұрын

Wow, the silver chart looks vaguely like part of a household object! Let's gooooooooo!!!

@channel1_channel 10 күн бұрын

My silver hairs are ready for some action!!!!!

@robmirich3281 16 күн бұрын

I am a nobody from middle America. I have my own kinda odd way of looking as the current and possible future silver price (in US dollars). It seems to me that silver will rise to about $800 to $1250 per troy ounce in the next 5-6 years. The hard part is making a prediction on timing. That is my belief on both price and time. Of course, government nonsense and war can affect this prediction (likely shortening the 5-6 year time "guesstimate"). In either case, I am gonna have some stubborn "Sisu" belief around this as I am half Finn.

@GeorgE-yo5yc 10 күн бұрын

Hopea ei oo häpee...

@nobullshoot 16 күн бұрын

$920 or gets manipulated back down to $11. Either one.

@rogerburn5132 16 күн бұрын

Not when there is shortage of Silver and the News get out

@jean-louislalonde6070 16 күн бұрын

Sometimes Mr Market is stronger than JP Morgan.

@tomfoolery333 16 күн бұрын

Not with the sovereign debt crisis unfolding. Fiat system is collapsing due to debt saturation. Countries are tired of getting rapidly inflating treasury bonds for reals goods. They are taking steps to get out of this exploitative system. Silver will never be the equivalent of $11 in USA federal reserve notes of April 2024 again. Baked in the cake. The wise understand what is happening. The large banks are losing their ability to manipulate the metals exchanges.

@stevencacka1799 16 күн бұрын

If you want a really good analysis of what’s going on with the debt watch some videos from the market sniper

@kevinspence5093 16 күн бұрын

@peterpagliaro1835 15 күн бұрын

I know people like Mike M. have been touting silver for years. But there's one thing I know for certain. The silver futures chart has the largest cup and handle pattern I've ever seen in my life. Be patient. It's only a matter of waiting a little longer now.

@Abizerthecreator 14 күн бұрын

The news about the Chinese starting stacking silver was correct. There was a news report on April 14th stating that the demand for silver is increasing in the Asian market since silver is deemed undervalued so far.

@johnwicksfoknpencil 12 күн бұрын

Love you Mike. May you live long and well enough to see your education come to fruition and may those of us who come after you vindicate you

@RickFronek 11 күн бұрын

Rock solid Mike - thank you 😊

@McGoldbug 16 күн бұрын

To the moon!

@elbertclaudio9160 15 күн бұрын

The price increase and open interest decrease because short covering that triple top was short interest built up and got squeezed

@Cloxxki 16 күн бұрын

At what price does silver prospecting become a thing again?

@davidfield4432 16 күн бұрын

Can only hope we’re close to another 40 year miracle….. not holding my breath but.

@normandolinic2044 16 күн бұрын

Well I’m holding my breath on a common penny stock ,called AAGC all American Gold company ,it did ok in 2008 , but with all the inflation ,think$5-$15 a stock should happen.???

@issenvan1050 16 күн бұрын

Even during a recession? Why no timestamps, btw.?

@johnboettger864 16 күн бұрын

So if the graph says it, that must be how it will be.

@stevekamitsis1327 16 күн бұрын

Stavros in Florida caught your video and enjoyed it, thank you. You talked about who's buying silver, but even our military industrial complex should also be buying some, because all those missiles fired last week need to be replaced, and I am sure each missiles had pounds of silver, plus I continue to stack. To all be safe and continue to stack when you can.