Platinum TRIGGERS Silver Price SOON!

Local Silver Mint
19 Jun 202518:25

Summary

TLDRIn this video, Silver Dave discusses his prediction that precious metals like platinum and silver could experience significant price increases in the coming months due to the ongoing financial instability. He compares the current situation to the 2008 financial crisis and draws parallels with the rising prices of gold, platinum, and silver between 2008-2011. Dave theorizes that platinum could surpass gold, with potential for silver to reach hundreds or even thousands of dollars per ounce. He also highlights the risk of holding dollars during hyperinflation and emphasizes the importance of securing wealth in precious metals.

Takeaways

  • 😀 The financial crisis of 2008 was a pivotal moment that caused massive economic instability, with banks offering unwise loans, leading to bailouts for major financial institutions.
  • 😀 Gold, platinum, and silver all hit all-time highs between 2008 and 2011, with gold increasing significantly in price first, followed by platinum and silver.
  • 😀 The current financial situation in 2025 is far worse than 2008, with bank insolvencies and massive debt, suggesting an even bigger economic crash is imminent.
  • 😀 Platinum historically has been priced higher than gold for most of the last century, though in recent years, gold has surpassed platinum in value.
  • 😀 The face value of platinum coins is higher than gold coins, which may indicate that platinum could surpass gold in price in the near future.
  • 😀 The silver price has the most delayed reaction compared to gold and platinum, but its rise in value is expected to be exponential, especially in the coming months.
  • 😀 There is a possibility that platinum could reach prices of $3,000 to $5,000 in the short term, with a long-term outlook possibly reaching as high as $20,000.
  • 😀 Silver could rise dramatically in the next 6 to 12 months, with potential to reach $200 per ounce, driven by inflation and financial instability.
  • 😀 The current inflation rate is much higher than in 2011, with everyday goods such as butter and eggs seeing significant price increases, which further supports the potential for high precious metal prices.
  • 😀 Historical patterns suggest that wars and geopolitical instability typically drive the prices of precious metals higher, and current global tensions may lead to significant increases in these prices.
  • 😀 In the long term, if gold reaches $20,000, silver could potentially rise to $2,000 to $12,000 per ounce, making it a highly lucrative investment in the face of a collapsing currency system.

Q & A

  • What is Silver Dave's main prediction about the precious metals market in the coming months?

    -Silver Dave predicts that platinum will rise significantly in the next few months, possibly reaching $3,000 to $5,000 per ounce. After that, he expects silver to experience a sharp increase, potentially reaching $200 per ounce in the next 6 to 12 months.

  • What historical event does Silver Dave reference to support his predictions about the price of precious metals?

    -Silver Dave references the 2008 financial crisis, during which gold, silver, and platinum saw significant price increases. He compares the current financial situation to 2008, suggesting that the current crisis is much worse, which could lead to similar or even more dramatic price increases in the coming months.

  • Why does Silver Dave think platinum may surpass gold in value?

    -Silver Dave theorizes that platinum may surpass gold in value because historically, platinum has been on par with or more valuable than gold. Additionally, he notes that platinum coins have a higher face value than gold coins, which may indicate that platinum has the potential for a higher market price.

  • How does Silver Dave view the relationship between inflation and precious metals prices?

    -Silver Dave believes that inflation, particularly in goods and services, will drive up the price of precious metals. He highlights the rise in the price of everyday items, like eggs and butter, to emphasize the inflationary pressures that could lead to higher prices for gold, platinum, and silver.

  • What does Silver Dave predict for the price of silver in the short term and long term?

    -In the short term, Silver Dave predicts that the price of silver could reach $200 per ounce within the next 6 to 12 months. In the long term, he sees silver potentially reaching thousands of dollars per ounce, suggesting $12,000 per ounce if gold reaches $20,000.

  • Why does Silver Dave refer to silver as the 'most papered over' of the precious metals?

    -Silver Dave refers to silver as the 'most papered over' because it is the most undervalued and manipulated precious metal in the market. Despite its relatively low price, he believes that silver has enormous potential due to its scarcity and growing demand.

  • What is Silver Dave’s stance on keeping money in physical dollars versus investing in precious metals?

    -Silver Dave strongly advises against keeping money in physical dollars, arguing that it will lose value due to inflation. He suggests investing in precious metals as a hedge against the devaluation of the dollar, claiming that metals will retain value and may even provide significant returns.

  • How does Silver Dave interpret the current financial situation compared to 2008?

    -Silver Dave believes the current financial situation is far worse than in 2008. He describes it as a crisis of insolvency, where the financial problems are much larger and more extreme, with the potential for a collapse far beyond what was seen in the 2008 crash.

  • What role do wars play in Silver Dave’s predictions about precious metals prices?

    -Silver Dave notes that historically, wars—especially large-scale conflicts like world wars—tend to drive up the prices of precious metals. He suggests that if a major war occurs, it could lead to a financial reset, causing precious metals prices to surge as a result of inflation and currency devaluation.

  • What is Silver Dave's warning about central bank digital currencies (CBDCs)?

    -Silver Dave warns that once central bank digital currencies (CBDCs) are issued, it will signal a major shift in the financial system, potentially leading to the destruction of traditional currencies. He suggests that individuals should have physical silver and other assets as a hedge against the introduction of CBDCs.

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Precious MetalsGold ForecastPlatinum PriceSilver InvestmentFinancial CrisisInflation TrendsEconomic PredictionsMarket TrendsInvestment AdviceSilver DaveWealth Protection
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