The price of silver is about to explode, but why? What might cause the price of silver to rise? What makes silver a good investment right now? In this video I tell you what happens to silver during a recession and why you should invest in silver right now.
In this video I give you a bit of a silver analysis and talk about what influences the price of silver, what other alternative investments might be good, and about how you can invest in silver.
Silver comes in a variety of forms, typically physical silver such as silver coins or silver bullions and virtual silver or paper silver such as silver ETFs or virtual commodities. Both of these have their positives and negatives.
Silver is much more of a passive investment than I typically teach on my channel but this can be a blessing in disguise as it requires much less effort!
If you’ve made it to the end of the video, be sure to comment below letting me know 🙂
My Favourite Investing Books;
Rich Dad Poor Dad - https://amzn.to/3gqVJBW
The Big Short - https://amzn.to/2ExjIB5
The Wolf of WallStreet - https://amzn.to/2PgVeyo
The Four Hour Work Week - https://amzn.to/30hr3xe
Think and Grow Rich - https://amzn.to/2XkLyHg
Intelligent Investor - https://amzn.to/2BUqEYg
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The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale and shall not be construed as anything other than an opinion for entertainment purposes only.
Inspired by Graham Stephan, Meet Kevin, Shaf Rasul, Andrei Jikh, Nate O'Brien, The Credit Shifu and more.
#Silver #SilverPrice #SilverForecast
In this video I give you a bit of a silver analysis and talk about what influences the price of silver, what other alternative investments might be good, and about how you can invest in silver.
Silver comes in a variety of forms, typically physical silver such as silver coins or silver bullions and virtual silver or paper silver such as silver ETFs or virtual commodities. Both of these have their positives and negatives.
Silver is much more of a passive investment than I typically teach on my channel but this can be a blessing in disguise as it requires much less effort!
If you’ve made it to the end of the video, be sure to comment below letting me know 🙂
My Favourite Investing Books;
Rich Dad Poor Dad - https://amzn.to/3gqVJBW
The Big Short - https://amzn.to/2ExjIB5
The Wolf of WallStreet - https://amzn.to/2PgVeyo
The Four Hour Work Week - https://amzn.to/30hr3xe
Think and Grow Rich - https://amzn.to/2XkLyHg
Intelligent Investor - https://amzn.to/2BUqEYg
Buy bitcoin using Coinbase here - https://coinbase.com/join/smallb_1u?src=ios-link
DM me on Instagram to get a free share worth up to £200 with FreeTrade - ThomasJamesYT
Social media
Instagram - ThomasJamesYT - https://instagram.com/thomasjamesyt
TikTok - ThomasJamesYT - https://tiktok.com/ @thomasjamesyt
Subscribe for more related content - https://youtube.com/c/ThomasJamesPropertyInvesting
The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale and shall not be construed as anything other than an opinion for entertainment purposes only.
Inspired by Graham Stephan, Meet Kevin, Shaf Rasul, Andrei Jikh, Nate O'Brien, The Credit Shifu and more.
#Silver #SilverPrice #SilverForecast
In your opinion, in 5 years how much will the price of silver be? Would you recommend buying silver or gold right now? Thank you
Stop moving around so much.
1 oz of silver every time you move your arms.
Unreasonable
Explosion? More like implosion….silver is now down 20% in 2 months.
Yes Silver explode "Down"
I've got about 2K in an a silver ETF. I like it because it pays a high dividend, as well.
If you don't hold it you don't own it, there are currently about 170 ETF ounces of silver per one ounce of physical silver. A concerning sad game of musical chairs will play out when these silver ETFs are called in.
You look like Sam Hunt
you can still get in the UK on ebay if you put in 'pre 1947' silver in the search bar (its 50% silver) — cheapest way to buy silver in uk- some of them are close to spot (no VAT)- please respond if youve found a cheaper way! if you do this btw be careful- there are alot that are overpriced – so could be a good arbitrage oportunity for building up the stack,
It will takes 100 millions years to make 1 gram of gold in lab 🧪 🔬. It take 30s to print 10 millions pounds 💷. Bank 🏦 don’t like gold and sliver because they cannot control it.
Unreasonable
I’ve got lots of copper… 1c each!!! 🧐🤣
What's with all the hand movements? Are you trying to distract people?
Do you think 325$ us for royal Canadian mint 10 ounces bar is a good price?
what is your prediction for silver say in the next 5 years Governor?
Forget the hype 😂! Silver will never explode because all I see lately is silver going down!
But isn't silver the poor man's gold? isn't gold the number one investment? because silver is too undervaluated and platinum is expensive as hell so gold is the "world currency" in the metal industry like the usd is the most recognized currency although euro and and gbp are superior than usd but internationally people prefer the dollar for interchange of goods and services and euro and gbp is good as a reserve currency for keeping your money stable but when in doubt forget currencies and invest in gold silver or property
Unreasonable, was unreasonable to watch this that long when I already have learned this elsewhere. What about gold and silver mining stocks, what about the coming electronic cash or state cryptocurrencies. It's coming without a doubt. Will they then ask where you got your silver and gold? Better to keep all your receipts.
gold is still below alltime highs do to not adjusting for monetary base inflation. it is pennies on the dollar. the dollars value is supposed to be 371¼ fine grains of silver, per coinage act of 1792 which has never been repealed in the u$a.
You look like you’re having a seizure buddy come down put your hands in your pocket
Unreasonable 😀
I own about 105 ozs mostly silver eagles which are hard to come by nowadays the price of older ones are £50 a oz and I got them years ago for about £12 a oz golden state mint in the USA as some really nice limited minted silver but you will pay about 25% on import tax but I still had it cheaper than uk prices but I got it before the price went up 🙏🏻👏🏻👍🏼 keep going up silver that’s what we want
I believe you are right, silver will go up higher however, we cannot predict with any accuracy when this will happen. I believe that physical silver is a bad trade because of the premiums. I also believe that it will be the so called virtual silver traders that push the price higher because they will just jump on board to catch the momentum. Those traders will sell once the momentum slows down. My plan is to be patient and sell my silver when the GSR gets down to 40. Then I will look into buying phyzz gold. I don't care for silver's volatility.
Good vid, quite balanced to me. I rather having the physical, some say that there could be a divorce between the physical and digital(paper) silver and ETFs might not be the way. Silver going extremely high could make governments to nationalize mining companies so, physical might the best way.
Unreasonable
What do you think is going to happen to the price of silver?