Silver Breakout or Breakdown? Could Silver be Heading for $13?

If silver goes to 13 I am backing up the truck.

I think illuminati silver is not addressing that August 24th russia made a deal with Saudi Arabia to give military protection. What backs the US dollar? The petro dollar? Because all oil had to be bought using the US dollar. Well until now. The world is on fiat money and the faith is about to fade big time and it will happen very fast once the lemmings realize.

maybe it will break out, but I don't believe silver will go to the moon, 17 $ more likely, silver is a commodity metal, I've sold all my silver and prefer stocks

Thank you, sir

I agree with you....time will tell.I hope this writer is all in in bonds and usa dollars.

We are ready to buy!

Would a breakdown in the paper price finally be our decouple from physical like palladium? On a different note this hurricane about to hit in the south could spike the cotton and grain markets further.

You have been close to an Atomic Clock, so I don't take your videos and selected articles as a grain of salt.
That is a big call that even Harry Dent will come out of the wood works, strangely enough.
Surely this is influence from a stock correction, interesting, we shall see.

Great video!!! We should be careful on money useage, if you are not spending to earn back, then stop spending.

When the market sells off it will unfortunately

Great show, Mr. Bo Bolagna said silver will head way higher in oct-nov, and alot of fear peddlers say the same thing, I just like PM,s and don't get my nappys in a bind.

Just a joke of click bait....$13 silver....BULL SH*T

So $30 Trillion US debt. World US Bank debt of over $250 Trillion..... $13 .... CLICK BAIT BS CHANNEL

I personally like this kind of information. I’m a long term holder of silver. The thought of the price going down to $13 where not great in the short term. Would be very good for me because I would just double up on my purchases. One of my long-term stacker mentors told me he started purchasing constitutional silver at three times face value.His advice be patient son it’ll go up.

Silver is always worth what I need when I sell it.

I'm fairly certain that, should the price drop, I'll be snaggin' a few more ounces...if not...then I'll be snaggin' a few more ounces, but a little less than I otherwise would have. So, no change in plans, just in timing of amounts, based almost solely on the amount of "zeroes and ones that don't exist" that are required to trade for "money." d;o)

The times today are different. Mines aren't going to sell at a price too low. Supply and demand is higher than it has ever been now. The creating of fiat money is made into paper or digits in the billions daily. If the stock market goes down like 20% there will be many selling because they will need cash fast. The price will then lower. This is what happened in March of 2020. A few months after the price came back and then went higher.

I predict $18 but am increasingly convinced $16 is possible.

Sounds like I’ll be doubling my ozs when it fall off the cliff, with same amount of money that’s great!!!

Silver becomes more & more scarce yet the price goes down.......

Hello and again thank you for all you do..

Thank you IS yet again. Interesting article and worth considering! Obviously great buy time if it occurs, I’ve been waiting for low $21 to heavily buy back in having recently retired. Potential lows predicted in article surely must accompany a crash in equities or some other black swan event. Meanwhile I’m looking at HEX DeFi coin ..

I hope 13 ill get more

We should chear 4 lower prices buy the dip rt

Thank you for presenting current arguments against silver! We must always approach investments with logic and reason rather than emotions like greed or panic. Hearing opposing views can really help some of us better subdue and control our emotions when making investments that can change our lives as much to the good as for the worse.

It is manipulated ,if not banks would have not been fined . Of course it is a slap on the wrists , so they will continue to do it.

We have terrible inflation and that is great for silver.

Physical Silver is 30 US dollars, paper silver is 24 US dollars.

Wow. A lot to consider.
But I am familiar with rasomski. He was calling $1000 gold a couple years ago.
Nonetheless, silver is less than half it's inflation adjusted all time highs and with all the green energy stimulus and speculation it still dithers.

However, if it fell below $15 I'd be a substantial buyer..
Thanks for bringing this article to us 👍

Analysis always proves the rigging of PM. It is always paper manipulation with millions of fiat currency created from thin air.The real worth of PM will show up, when the unsound "money" has found its end.

thanks Richard , valuable input

Gold silver will only go down for many years

In David Hunters analysis of a 60-80% correction/crash in the equities market, he describes significant decline and devaluation of hard assets preceding it.
What I own will not be sold. However, as a stacker I certainly welcome lower costs to procure other pieces for future trading. I seem to have a growing confidence though that for the retail buyer, we may not see any price below 17 dollars (spot+premium) again. And anything below 20 dollars (spot+premium), would be a very (relatively) short window of opportunity. IMO

if you see the cycle you are right but the sitiation in US is different.

I think it's heading higher!

There's going to be a rush on silver, just like toilet paper. It will be unobtainable! Shelves will be empty!

They keep printing money..... Need silver for green projects/EV/computers..... Supply barely goes up each year..... Yet today an oz of silver can what? Buy your family one meal? Really? Has yet to break the high price from 1980? What else can you say that about? What did a loaf of bread cost in1980? I looked it up it says 50 cents. A loaf of bread today is $2.50. So bread and everything else is like 2-5x more yet the cost of silver is less..... Hm....... And it's not manipulated? What else is cheaper today than it was 40+ years ago. -.-

Unprecedented times, who knows 🤣