Silver Markets Just Changed In A Big Way (Stackers Should Pay Attention)

MrBigMoney How To Invest In The Metals Market .9999 silver, 90% silver, 90% silver coins, best silver to buy, constitutional silver, gold, gold price, inflation, inflation hedge, invest in silver, investing in silver, investing in silver coins, jobs report, physical silver, precious metals, sdbullion, silver bars, silver bullion, silver coins, silver investments, silver price, silver price forecast, silver rounds, silver shortage, silver stacker, silver stacking, smart silver stacker, stack silver, stacking silver 0 Comments

Video Transcript

Welcome to Big Money Investing
Your Ultimate Destination for Learning From Big Money and How You Can Succeed Too!

Are you ready it to the next level?
Investing into sound investments like big money does. Subscribe to the Big Money Investing Channel

hey everybody smart silver stacker here hope you’re doing well so the silver price did something today which indicates that there’s some big changes of foot for the precious metals the signal that silver is sending is something that silver stackers definitely should have on their radar and we’re going to get into it in today’s video so let’s get to it before we get started today I do just want to say a big thank you for tuning into my video if you enjoy it and you get some value from it please do give it a big thumbs up down below and while you’re at it why not subscribe to the channel did you know STD bullion is giving away a monster box of 2024 Tree of Life silver coins sign up today at sdbullion.com sweepstakes all right so let’s talk about what happened with the silver price today because it does indicate that there are some important changes of foot in the precious metals markets now first of all the silver spot price today Rose as high as $32.95 now that is notable because it is the highest intraday price for silver spot over the past 12 years at the time I’m recording this video I think silver is about flat on the day so silver wasn’t able to hold on to those gains so what’s the big deal well the big deal is that today we got a very strong jobs report for the month of September earlier this morning the non-farm payroll data for September was released indicating an addition of 254,000 jobs to the US economy last month that is massively in excess of expectations and on top of it the previous 2 months were revised higher now I will agree with many of you that this is likely a result of the numbers being manipulated to the upside the current Administration certainly has plenty of incentive to do so given the fact that there is an election right around the corner and if you delve into the numbers this is not the super strong report that the headlines would tell a lot of this had to do with the addition of new government jobs which I don’t think is necessarily a good sign for the economy and also at the same time the number of multiple job holders has risen to a record high so the fact that citizens are being forced to go out there and work multiple part-time jobs just to make ends meet due to inflation that’s not a particularly strong sign for the economy but the reason that this report is so critical and Silver’s reaction is so important is that silver did not sell off in a big way on this news now initially when the data was released the price of silver did drop it dropped as low as $314 now I had forecast earlier this week that we would see a major selloff if we got a blowout jobs number like we got and I had anticipated we would get a strong jobs report for exactly the reason that the election is right around the corner however the drop to 3148 was very shortlived and then as I mentioned silver rose to a record intraday high of the highest level in over a decade so the reason that this is so important is because despite the fact that as I’ve mentioned I think this jobs report is really just painting a nice picture of an economy that is in serious trouble still the impact on the anticipation of what the Federal Reserve is going to do next in terms of monetary policy was significant and that’s the reason that we’ve had this dynamic in the silver and also the gold market over the past several years where when you get a strong economic report like we got today you tend to see the price of silver decline because when there is strong economic data it means that investors are of a mind that the Federal Reserve will be less likely to ease and in fact if we look at the CME fedwatch tool you can see that following this jobs report the anticipation of a 50 basis point rate cut is now completely priced out of the market now a small percentage of investors are in anticipating that the Federal Reserve will in fact pause at the next fomc meeting and will not cut at all and yet despite that fact the silver price is being very resilient today so if that Dynamic has changed the good news is bad news and bad news is good news Dynamic for the precious metals it leads me to believe that we may be on the verge of some very interesting price action with gold and silver now why did this Dynamic change today why didn’t silver sell off in the face of this strong economic report well I suspect that it has something to do with the fact that the other fundamentals for silver have simply become overwhelming factors in its favor such as the fact that there is a significant physical deficit in the silver market every year we’re consuming hundreds of millions of ounces of silver that aren’t being replaced by Mining and recycling so the supply and demand fundamentals are there but also right now there is a huge amount of geopol political risk being priced into Safe Haven assets like gold and silver now this isn’t a video about the Middle East or the war there but it is important to note that the situation as we are speaking continues to deteriorate Israel has launched air strikes into Syria now uh they are continuing their movement into Lebanon today there was a drone strike on IDF forces launched out of Iraq and earlier today the US and the UK launched air strikes on yeni positions I think 14 air strikes is what I read and there’s probably a lot more developments in the Middle East but it’s too much to cover in a video that is not strictly dedicated to that purpose but suffice to say there is a strong Safe Haven appeal for hard assets like physical gold and silver bullion at the moment which I think is part of why the price is supported despite the fact that we got these jobs numbers and on that geopolitical note you know it does appear that we are potentially about to be drawn into a direct war with Iran in oneway shape or form you’ve also got at the end of this month the bricks meeting in Russia where Iran will be taking part you know they are a bricks member now and the fact that Global tensions are rising the way that they are we’re witnessing you know Daily escalations Now indicates to me that we may see a greater push an accelerated push towards dollarization at that meeting in Russia in just a few weeks and that may also be putting a floor under the price of hard assets like gold and silver also consider this that despite the fact that the FED did have an outsized hike of 50 basis points at the last fomc meeting when they began their easing cycle now we are seeing you know what you might consider some signs of strength in the US economy I don’t necessarily know that I buy that but to whatever extent there is some truth to this economic strength that means that the FED is easing into a stronger economy and that could mean that inflation is about to absolutely explode and that would in some ways be a positive thing for both gold and silver and I think one additional factor that if it’s not weighing on the minds of investors should be is the absolute explosion in the levels of us deficits which are basically the only thing proing up the economy at the moment in fact if you go to the US treasury debt to the penny site and you look at the data from September 26 through October 2nd that’s the most recent date on there the US national debt has has increased by $381 billion over that span of 6 days so that’s a deficit of $ 63.5 billion per day over the course of that period of time if you think about that that’s a pretty amazing level of borrowing that is occurring at the federal level in fact if you annualize that level of deficit spending which you know maybe isn’t entirely Fair because it’s not like every day they’re borrowing $63 .5 billion but for 6 days in a row they did that would give you an annual deficit of 23 trillion so again maybe not the most uh based in reality comparison I don’t necessarily know that you need to annualize uh this Spurt of borrowing but at the same time we’re about to head into a major at the very least Regional war in the Middle East what kind of deficit spending is that going to entail a war is one of the biggest impetuses for borrowing and I think you’re about to see the deficit which is already at eye watering levels explode much higher and that is again another factor I believe which is putting a floor under the price of silver and one final thing to wrap up with here I think that you know if you’re seeing the odds of the FED cutting going down and you’re seeing this positive economic data and yet you’re seeing the silver price rise in spite of that what does that indicate will occur when we start getting negative economic data again and the FED really has to return to a program of not only rate Cuts but possibly even direct debt monetization and QE I mean that seems certainly within the realm of possibilities in light of how much borrowing is actually occurring the Central Bank may be brought into to enable that level of borrowing here at some point and the reaction in the silver price and also in the gold price to such an event I think will be absolutely explosive to the upside but let me know what you think in the comments down below did today’s price action in silver indicate a major change in the Dynamics that we are witnessing in the precious metals markets love to know what you think thanks for watching everybody stay safe and happy stacking and I will catch you next time smart silver stacker out

Welcome to @BigMoneyInvesting3529 – Your Ultimate Destination for In The Money Facts!

🌴 Discover the Big Money Investing Strategies on Metals and Real estate Investing. 🌊

Experience the world of finance with @BigMoneyInvesting3529

We bring you the latest and greatest from Big Money Investors, showcasing the why’s, how to’s and best steps.

Whether you’re planning a short of long term investment, preparing is the first step and most important one.

The Big Money Investing channel is a great go-to source for your investing advice.

🔥 What You Can Expect:

Exclusive Financial and Big Money Investing How-To’s
Big Money Financial Traits: Learn how to mix and match your perfect investment portfolio to match the planned out time horizons.
Financial Learning Is A Lifestyle Change: Stay financially fabulous with our expert investing tips, real estate pratices, and healthy lifestyle advice.
Behind-the-Scenes: Get a sneak peek into how the Big Money Investors spend some of that return, from photoshoots, to interviews with the experts.

👙 Why Subscribe to @BigMoneyInvesting3529?

Stay Updated: Be the first to know about new investment ideas and most importantly what not to be part of in todays age.
Inspired Goals Lend Motivation: Get inspired by our Big Money Investors vibrant and diverse lifestyles, a perfect view at times.
Engaging Community: Join a community of financial enthusiasts and wealth producers that love to share their passion for life with others.

🔔 Subscribe Now: Hit the subscribe button and turn on notifications so you never miss an update from @BigMoneyInvesting3529!

Join us on this fabulous journey and transform your financial situation with the latest trends and tips from Big Money Investing.

Thank you for being a part of our amazing community.

We can’t wait to see you shine finanically!

🔗 Subscribe here!

#BigMoneyInvesting #big #money #investing #lifestyle #investors

Support Big Money Investing Sponsors

Hot
-28%

Book Sets, Books, How Big Money Investors Think About Money, How To Think Like A Big Money Millionaire
Big Money Financial Investment Management Book Set

0 out of 5

$85.44 – $177.66

Select options This product has multiple variants. The options may be chosen on the product page
Quick View
Hot
-29%

Books, How To Think Like A Big Money Millionaire, Top Level Communication Skills
How to Talk to Anyone by Leil Lowndes 92 Little Tricks for Big Success in Relationships

0 out of 5

Original price was: $18.24.Current price is: $12.89.

Select options This product has multiple variants. The options may be chosen on the product page
Quick View
-33%

Books, How To Think Like A Big Money Millionaire
Poor Economics By Abhijit V.Banerjee

0 out of 5

Original price was: $18.09.Current price is: $12.14.

Add to cart
Quick View
Hot
-28%

Book Sets, Books, How Big Money Investors Think About Money, How To Think Like A Big Money Millionaire, Spiritual, Wealth Creation
7 Book Set – Master Your Time – Master Your Beliefs – Master Your Destiny – Master Your Thinking – Master Your Emotions – Master Your Motivation – Master Your Focus By Thibaut Meurisse

0 out of 5

Original price was: $93.43.Current price is: $67.33.

Add to cart
Quick View