Silver Stackers Do NOT Want THIS to Happen!

Summary

In this video, the creator addresses extreme opinions on silver investment, highlighting both overly optimistic predictions and negative experiences. They emphasize that silver should not be seen as a get-rich-quick scheme, but as a stable investment, mainly for the right reasons like industrial demand. The video critiques the idea of wanting a dollar collapse and explains the broader economic consequences. It discusses the increasing demand for silver due to its use in industries like electric vehicles and technology, but also acknowledges the risks and challenges of a potential collapse, ultimately advocating for a balanced perspective on silver's value.

Takeaways

• 😀 Silver is a popular investment topic, but extreme opinions, both optimistic and pessimistic, are common.
• 😀 Silver should not be viewed as a way to get rich quickly; it's more about responsible stacking for the right reasons.
• 😀 Some viewers believe silver will reach $100 an ounce soon, but these predictions have not come true so far.
• 😀 On the other hand, some individuals regret buying silver and believe it's a poor investment.
• 😀 Stacking silver responsibly means understanding that it is not a guaranteed way to wealth and can be volatile.
• 😀 Comments about silver being the 'future' currency in case of a dollar collapse are extreme and don't consider the broader consequences.
• 😀 A dollar collapse would likely lead to an economic disaster where survival, not silver or gold, would be the primary concern.
• 😀 The value of silver will be important after a financial collapse, but not immediately, as resources like food and medical supplies will dominate priorities.
• 😀 The desire for a total dollar collapse is unrealistic; the repercussions would hurt everyone, especially those without alternative resources like silver or gold.
• 😀 Silver has industrial value, and its demand is increasing, especially with its use in EVs and new battery technologies.
• 😀 The cost of silver rising to $100 an ounce could make everyday items more expensive, especially in industries reliant on silver like electronics and EVs.
• 😀 While silver has more industrial value than its current price suggests, the speaker does not want a catastrophic scenario just to see silver's true value realized.

Q & A

Why does the speaker believe silver should not be seen as a get-rich-quick investment?

The speaker argues that silver should not be bought with the expectation of immediate wealth, as it is not a fast way to get rich. Instead, silver should be considered a tangible asset for security and long-term value.

What does the speaker think about extreme predictions for silver, such as it reaching $100 an ounce?

The speaker finds extreme predictions for silver, like it reaching $100 an ounce, to be unrealistic. While silver may have potential value, such extreme claims have not been accurate in the past, and they can lead to disappointed investors.

What are the consequences of a complete dollar collapse, according to the speaker?

A complete dollar collapse would lead to a global economic collapse, with people focusing on basic survival needs such as food, water, and medical supplies, rather than valuing silver or gold. The speaker believes that such a scenario would bring widespread suffering.

Why does the speaker believe silver's industrial value is important?

Silver has increasing industrial demand, particularly in technology like electric vehicles (EVs) and solar panels. This demand, along with a supply deficit, contributes to silver’s long-term value beyond just being a hedge against inflation.

What is the speaker's opinion on people who claim silver will be the primary form of currency after a financial collapse?

The speaker disagrees with the idea that silver would immediately take over as currency after a collapse. He believes that in such a scenario, basic resources would be the priority, and silver’s value would only be realized later, once the chaos subsides.

Why does the speaker warn against wanting the dollar to collapse?

The speaker warns against wanting the dollar to collapse because it would result in a catastrophic situation globally, worsening poverty and resource scarcity. The speaker does not want to live in a world where basic human needs become scarce.

What is the significance of the kilo bars the speaker discusses in the video?

The speaker discusses kilo bars of silver as his preferred form of investment because they strike a balance between smaller, less practical silver forms and larger, heavier bars. While they are not the most liquid form of silver, he enjoys the weight and feel of them.

How does the speaker view silver’s potential price increase in relation to the cost of industries like electric vehicles?

The speaker acknowledges that while silver’s price should increase based on demand, especially for use in electric vehicle batteries, a significant price hike could increase costs for industries, such as EV production, which would then be passed on to consumers.

What does the speaker believe is the primary reason silver’s price is kept lower than it might be?

The speaker believes silver's price is suppressed to avoid increased costs for industries that rely heavily on silver, such as electronics and electric vehicles. Higher silver prices would lead to higher production costs, which industries want to avoid.

What is the speaker’s ultimate message regarding the future of silver and the global economy?

The speaker’s ultimate message is that silver has long-term value due to its industrial uses, and it should not be seen as a short-term investment or a way to escape economic collapse. He encourages people to view silver responsibly and not wish for global economic disaster to unlock its potential value.