Topic: Silver

520 chapters across the catalog

MUST-SEE: Alex Jones Interviews Jimmy Dore In EXPLOSIVE Must-Watch End Of The World Interview!
1:19:46 - 1:22:56

MUST-SEE: Alex Jones Interviews Jimmy Dore In EXPLOSIVE Must-Watch End Of The World Interview!

Trump's Shift and the Rise of Gold Prices

Donald Trump is accused of turning against his populist base by targeting supporters like Tucker Carlson and Thomas Massie as "foreign agents." The economic instability caused by his foreign policy has led to a surge in gold and silver prices as investors lose faith in U.S. Treasuries. Despite the criticism, there is a small hope that Trump will respond to pressure and de-escalate the war.

Economist Dr. Kirk Elliott discusses the impact of the Iran war on precious metals, noting that silver and gold typically thrive during geopolitical conflict. Elliott explains that recent price drops in silver are due to big banks unwinding "naked short" positions to avoid bankruptcy. He references Elon Musk’s statement that silver is the most critical component for computers and AI, predicting a massive price surge as supply chains are disrupted.

Dr. Kirk Elliott cites a Bank of America report forecasting silver prices between $135 and $304 per ounce by the end of the year based on the "ratio trade" with gold. Elliott argues that these estimates are conservative because they assume a static gold price, whereas central banks are currently allocating heavily into gold. The discussion concludes that the market is entering a "speculative blow-off" phase driven by fundamental supply and demand.