Topic: Hunt Brothers

2 chapters across the catalog

Dr. Kirk Elliott explains that silver is currently in a long-term bull run similar to the 1970s and 2010, triggered by the price of silver exceeding the S&P 500 per share. Despite rising prices, global mining production has actually decreased over the last decade, while demand from companies like Tesla and Nvidia continues to soar. Elliott argues that silver is a "needed" commodity for manufacturing, making its price trajectory more stable than speculative bubbles like cryptocurrency.

Silver is approaching its all-time high of $49, currently hovering around $48. Alex Jones discusses the historical context of the Hunt Brothers' attempt to corner the silver market in 1980, contrasting it with today's "fundamental" demand driven by electronics, batteries, and weapons. He notes that global storage facilities are reporting extreme scarcity, which could lead to an explosive price increase once resistance levels are broken.