Silver Price Hits 52 Week High Shorts Crushed (MY NO 1 Silver Stacker Pick) | The Economic Ninja

➡ The Economic Ninja discusses the rising price of silver and its potential for investment. He mentions that silver is in high demand due to its use in electronics and its unique properties. He also talks about his plan to move his investments from cryptocurrency to silver, believing it to be a profitable move. He ends by recommending silver dimes as a good investment due to their scarcity and difficulty to counterfeit.

➡ This article talks about the value of silver coins and how their price can change based on the market. It explains that when the price of silver goes up, people often rush to buy, even if the price is high. The author suggests that you can make money by buying silver coins when the price is low and selling them when the price is high. The article also discusses how silver is often overlooked as an investment, but can be very valuable.

➡ The speaker believes that the number eight symbolizes new beginnings and success, and encourages listeners to invest in silver coins. They argue that owning silver can change one’s perspective on the financial system and potentially lead to wealth. The speaker also suggests that silver may one day be worth more than gold, and offers a link to a discounted course for those interested in trading stocks and futures.

Timing. Don’t you want some more? I get really excited when I see the shorts crushed. I’m sorry. I’m pretty pumped up. Hey, everybody. Economic ninja here. I hope you’re doing great. You know what’s doing great? The price of silver. Check it out. Got some high end editing right here. Bam. What does that little yellow band say right there? 52 week high. A new 52 week high for silver.

Now, is this the end of the world? No. Can it go down? Yes. Do I wish it wouldn’t go up this much right now? Yes, because I’m setting up for what I believe to be the greatest trade of my life from one asset class into silver. It’s crypto. Point being is this. The shorts are getting absolutely demolished. I actually called a buddy of mine, Joe, yesterday. He is a professional trader and he works in the futures market.

When it comes to micro futures, silver, he teaches people all over like, crazy about this. I said, what is happening? He goes, honestly, the shorts are being decimated right now and it’s really good. And why is silver going up? Well, and just, you know, I’m going to get to my number one pick for silver coin in a little bit. And it’s very important that you watch because it’s going to show you that lost signal.

Yeah. Start talking about silver and all of a sudden the Internet goes down. So can you see me now, type one? If you can see me. All right, so gold’s has its run. He said it’s all over the news. And it’s not that it’s had its run, it’s still running, hitting its all time highs. And what’s interesting is that gold’s going up because traders are going, yes, the Fed’s going to lower rates and monetary stimulus going to happen.

Well, that’s not happening anytime soon. So you have an all time high for gold right now before. Right before the Fed starts lowering. This didn’t happen in 2006. Gold had went up and then backed off before it bottomed and took off in 2008. Running till what? Mid 2010? But it’s all over the news. The world’s moving away from the dollar. Things are going bad. Obeynomics didn’t work well.

Now silver’s being caught up in its wake. But the thing about silver is there’s so little of it. Type two, if you agree with that, there is so little silver, every single piece of electronics on earth cannot exist without that metal. As a matter of fact, it’s so perfect when it comes to electrical conductivity that it is the standard that all other electrical, conductive metals are judged by.

There’s no. Nothing like it. Antimicrobial. It’s perfect. And it would make sense that it’s being held down. So here’s the thing. I’m talking to Joe, and he says, the shorts are being absolutely demolished right now, which is going to be interesting because they’re going to have to buy to cover. And I said, are you still doing those micro future contracts? He said, yeah. I said, look, I’ve got it.

I don’t want silver to go up that much because I’m waiting to move from crypto into silver. And I believe it’s going to happen this year. We’re going to be topping at a cyclical top in crypto and bitcoin, and I’m going to be moving to silver. I already told you my plan, but anything under $30 is a gift, to be honest with you, anything under 50 is a gift.

I just wanted to be as low as possible. I said, hey, can you do me a favor and give me one of those discount codes for everyone? Because everybody that took that course freaking loved it and made money. And he said yes. So he gave me a 50% off discount put below. And he teaches you how to control. And I got to get this right, 1000oz of silver for $2,057 as of today’s price for that futures contract.

Now, I’m not saying run out and buy a silver’s future contract. He teaches you in the course of how to do it and when to use technical analysis to get the best probability of gains. Okay, now, I personally do believe the silver is going to come back a little bit. But you want to have this knowledge and your accounts all set up for this kind of stuff, and silver stocks are just going to be the next move, right? All right, I wanted to talk about.

So I’ll put that link down below if you want to check it off. It’s 50% off. I think it’s $299 for the course and very. I’ve never even heard of a micro futures course. Okay. It’s killer. And so, from someone that’s traded the futures markets, it’s an awesome deal. Now, a lot of people have different opinions when it comes to silver coins. So this is what I want to do real quick.

This is a live stream. Type in what type of silver coin? Or hashtag it. That’d be even better. What’s your favorite type of silver coin to buy? I’m not going to embarrass anyone because all silver is great. I like to buy the lowest price, whatever the cheapest price is. Because I’m going to take a stack of fiat dollars, right? And I’m going to trade it for silver. And I want as much silver as possible.

Okay? The more silver you control as the price of silver goes up, the more money you make, right. I’m not a real big fan of eagles. However, if I can get an eagle for a really low price over spot, I’ll buy it knowing that I’ll be able to make it up in the long run. Because when the silver market gets tight, people lose their minds over silver eagles.

I just want to control more. So, like, I use rounds, right, as an example. And the tax benefits of selling rounds, not having to pay capital gains on those, is much better than buying other ones, like, let’s say, bars. Bars you get taxed at, or you’re held to a certain amount you can sell before you get taxed. All right. The number one coin I’m into that, I think is the greatest prepping tool ever when it comes to monetary prepping is a silver dime.

That’s a dime that is created. 1964 was the last year they made them. So anything before 1965. So 1964 and down, a silver dime is made of 90% silver. Now, if you’ve ever heard of the website coinflation. com comma, go check it out. And what it does is it shows you the difference between a crappy dime that has just all kinds of alloys in it and copper, things like that.

And even though copper is going up right now, right, and the price of a silver dime that has 90% silver. So when silver markets get really tight, the first thing to go away is junk silver. So there’s three different ways you can make money from this silver dime purchase. First off, it’s scarce. There’s only so many of them made ever since 1964. And more and more of them are getting destroyed or lost.

Okay? So you can get some that are in amazing condition, which you can go get graded. So you have that kind of potential, right? The collectible potential plus the metal inside. And then you have the fact that it’s just so darn small. It’s too hard to duplicate or replicate. It’s just too difficult. You’re not going to see. You’re going to see more people trying to cheat the system by making fake 1oz silver coins and larger.

Because it’s much easier to fake that. You can’t fake it on a silver dime. As a matter of fact, all you got to do is if you take a silver dime, turn it on side with a bunch of other silver dimes. Stack them. You can identify it so easy. It’s crazy because you could see the copper showing through on the edges of all the other dimes. And if you get one and you question it, all you do is rub it just a little bit on metal surface or a rough surface, and it’ll show if it’s got copper or not in it, right? So it’s easy to identify.

Well, here’s the great, the greatest part. The third way you’re gonna make money off of it. First off, it’s just like real estate. More people have less money than have more money, right? Wouldn’t you agree? Yeah. Type yes, if you agree. So that means even people with money can afford cheap things, and people with a little bit of money can afford cheap things as opposed to expensive things.

All right. Right now, a silver ounce, a solid silver ounce, 999 purity, is gonna run you anywhere between, let’s see. Well, today’s price, where we at about $27. It’s gonna run you anywhere between 29 and let’s say $35, right? Depending on if you’re buying just a generic round or a silver eagle. If you buy a silver dime right now. Silver dime, guys jump on coin inflation right now.

Let’s just see what a silver dime is. Matter of fact, I’ll just do it live. And the reason why I say is because it’s so darn cheap, anyone can afford it. Okay, so right now, coin calculators, gold coin, silver coin values. So this is coinflation. com, and it just lists all of these coins right here. So let’s just check out. And they’re the same price, a barber dime or a mercury dime or a Roosevelt dime.

And they show you right here the age, you know, how the years they’re made, what they look like, and it brings you over to the price, the melt value. As of today, with a silver spot price on the Comex of $27, the melt price, the silver value, is $1. 94. Now, I’ll bet you you can go and buy these all day long for $2. 60 as of right now.

The more news that comes out about the silver price rising, people are going to dive in, because most people are speculators, they’re not investors. So they don’t buy when prices are low. They buy on days like this, when it’s hitting a 52 week high, right. They lose their mind at 30, 40, $50 an ounce. So what happens is you can go buy these for $2. 50, probably at your local coin shop, which I always a big advocate for, your local coin dealer, or you go to a big online thing and buy a big bag of them.

The cool thing is, is that when silver does breach its all time high of 49, $50 and some change, people are going to lose their mind. Well, the melt value, it’s really easy to figure out. The melt value today is, what, $1. 94? So it’ll probably be right around $3 melt value. Do you know how easy it’ll be to just when people are losing their mind and go, hey, I got a silver dime here.

If you want, I’ll sell it to you for $10. Yeah, people. How many people will gladly pull out a ten dollar bill and hand it to you? Now I get it. Because people are like, I can’t believe you’re trading your. Your. Your silver for fiat. Well, that’s how you become wealthy. You buy something and you sell it for something else. Most people just don’t get that. Mine’s blown.

And that’s why they’re poor or just lower middle class at a certain point. You sell things, you make money, right? Well, you pull out this silver dime, you go, if you want, I’ll sell it to you for $10, and they will give it to you because that’s the same person that will drive all over town to save $0. 25 on a gallon of gas. Not figuring that, oh, my gosh, I just burnt a buck 50 in gas.

Just looking for a little, you know, $1. 25 in savings because they don’t care to know. They don’t want to know. They just want something, and they want it now. And it’s all based off of emotion. Now, you take that $10, you go down to the proper coin store, because you already know the people in the business, and you go, hey, how much you selling silver dimes today, even though it hit $50 an ounce? I don’t know.

We’ll solve you for $4. Okay, 450. I’ll take two. So now I got two. That’s how you make money. I know it sounds crazy, and many people go, ninja. Why? I’m not going to waste all day for $4. 50. You know, I’ve done that before. And then I did it again and again. And before you know it, I wasn’t just making $4. 50, I was making $450. Because you’re multiplying that by 100, right? It is the most amazing piece of silver, not only because it’s small, it’s easy to identify, and people are going to lose their minds to grab it because it’s rare.

Right. But the silver market gets so tight because it’s such a small portion of the investable grade silver. The other thing I love about it is it’s the term. What do people call silver quarters? Silver dimes. Put it down below. I’ll let you guess first or hashtag it first. The first person to hashtag it. I’m gonna call them out, you know, silver half dollars. What do people. What’s the slang term for this? I can’t believe.

Junk. Junk silver. So thank you. D. Tom called it out. So I love the term junk. I love the term scam. You know, bitcoin’s a scam. Cool. Don’t buy it. It’s $500. I’d never pay $500. I’d never pay ten grand. I never made 20. Cool. Just what point are we gonna leave this argument? I don’t care if you don’t own bitcoin. And it’s the same thing with silver.

It’s junk. It’s junk. Poor man’s gold. Cool. Do you own any gold? You know, that’s the first thing I ask people. That’s poor man’s gold. Do you own any gold? And just. Yeah, you’re an idiot. Keep walking. But that’s what idiots do. See, now here’s the deal. There’s 1200 people on right now. This is what I want to ask you right now. This is no joke. If you own silver, there’s 1212 people.

It’s perfect. 1212. Hashtag silver. Right now. Everybody just has pound, silver or type one. I’ll accept either of those. If you own silver right now. Hashtag silver or type one. And I’m going to ask you all a question right now. Okay. It’s going to start getting a little nutty in here. Everybody type in. Actually, seven people just left the live chat and they’re like, crap. We’re not cool.

Let me ask you this. I remember watching a CNBC interview with Aaron something. I’m blanking on her name. And she said, when silver was running back in 2011, she said that she viewed silver investors akin to old men that sit in the basement and play with their electric trains. I’m like, damn, she nailed it. Because I’m getting old and I play with electric trains. I actually don’t play with them.

But my point being is you guys know my story. I bought my first house selling electric trains. They want to push out in the mainstream media that there’s nothing sexy about silver, that they’re just, please walk away. Go away. Because what they want, they don’t want, they don’t want is you understanding the truth. And this is what the book the wizard of Oz was written about. See, Dorothy’s slippers in the book were silver.

They weren’t ruby red. See, because the creators of the movie, the studios, it’s went to them and said, hey, you can’t have Dorothy’s slippers be silver because it would make too much sense. Think about this. Think about it. Dorothy is going along the yellow brick road leading to the Emerald city. You know, because dollars are made of green. They’re colored green going past the horse of a different color.

Because that’s what happens with currencies when they die. They just change. Colors get brighter, and boom, they’re gone. And then Dorothy’s walking with three different emotions. Courage, you know, what are the other emotions? I’m blanking out right now as I’m talking too fast. But all the emotions that are wrapped up in money, in the money system, we can’t have Dorothy slippers be silver, lest they would understand. Think about that.

See, the media doesn’t want anybody knowing how amazing this asset class is. And I’m going to be honest with you. I’ve been investing in silver since 2010, and I wish it wouldn’t be this price. I still wish it was down, because I want to own it all. I want you to own it all. And when I say own it all, there’s not that much. There’s not even enough to give every person in this country an ounce.

As a matter of fact, there’s not even enough to give every person in this country a half of an ounce. So, as I say that, let me ask you this. Type ten, if you feel rich right now because of what you own in silver, I don’t care if it’s 1oz, ten ounce, 100 ounce, 1000oz. I don’t care the number. Type ten if you feel rich because you own something that most human beings not only do not currently own, but probably never will.

Now, that’s a lot of power. When I talk about becoming an elite investor, becoming an elitist, this is what I’m referring to. I know it sounds you don’t feel real rich. A lot of people right now listening to this, don’t feel rich. But you know what? Neither did I when I first started, and I started with 2oz. It was a two ounce hand poured bar. I still have it to this day.

I will never sell that. That was the day that I had an awakening of the monetary system. And I went down to a pawnshop and I paid. It was $18 an ounce at the time around the year. Sorry, it was in 2010. It was earlier than that. But my point, it was much earlier than that. It was 2008 is when I bought it. Sorry. It was $18 an ounce.

And it was important to me. It sent me on an entirely different path for my life. And I wanted to set you on a different path. Let me ask you this now. I just asked everybody if they owned silver. It was like 1200 people at the time. There’s almost 1400 people on right now. I want you to type the number eight. If you don’t own any silver now, this isn’t to embarrass you.

I’m gonna. I’m gonna show you something in just a second. Eight is very important. This is why he’s gotta add some symbolism to this. Oh, sorry. I’m pulling it up right now. Eight. The number eight means new beginnings, resurrection and eternal life. It also has to do with self confidence, inner strength and wisdom. All the people right now that are typing eight, this is what I would like you to do.

This is not investment advice. This is life advice. And I believe that you are going to become very successful if you do this. You do not own any silver. I would like you to. To find and if you don’t have it, because there’s always someone that says, I don’t have $30. $30. You go sell something. I guarantee you if you want it bad enough, you’re going to get it.

And if you really want to make an amazing statement, go take dollar 60 and go buy two silver coins. This is what I want you to do. It works amazing. Everyone I’ve ever met that has done what I’ve said right now says it changed their life. I know it sounds crazy, but it’s true. I want you to take those, I want you to go home. Two silver coins.

I want you to pick them up and I want you to drop them into your hands and drop one onto another and feel a vibration. I’m not joking right now. As a matter of fact. Type eleven. To everyone that knows what I’m talking about, there is a tone, a sound, a frequency, a vibration that comes off those coins that are unlike anything else. And then I want you to ask this question out loud.

What are they trying to hide from me? What’s being kept secret? Look at all the eleven s right now. All these people know exactly what I’m talking about. And I’m telling you something that’s going to wake you up and change your life. Will silver make you wealthy? Not in the way that you’re thinking. It’s going to change your whole paradigm when it comes to the financial system, a realm that’s been hidden.

They’ve made movies about it. People pay money to go watch this, but they never get the true meaning of this. I believe that silver one day will be worth more than gold. I do believe that 100% in my heart. When I have no clue. But I’ll tell you what, since what, 2008, since I’ve been buying silver, I thank God every day that price hasn’t gone up yet. Because I have been shown one day when it goes up, it will strike fear into many men on Wall street.

Because when it goes up to a certain point, the whole jig will be up and people will be diving into content like this, asking for answers. And we’ll have them for them. But I just really, truly hope that if you want to be wealthy, you need the money of kings. That is gold and silver. The money of that God produced. There’s only so much of it. Wouldn’t you like to buy something that’s rare if you want to learn how to trade stocks, but really those micro futures in silver and start preparing you now, my buddy Joe, I put a link down below.

It’s 50% off the course. He’s an amazing guy. I think it’s. The course is dollar 299. If anyone’s into trading stocks and you’ve dabbled in futures or looked into it, it’s an amazing course. I’m pretty sure you just need to make your money back on one trade and being able to control 1000oz of silver, physical silver, on an exchange for right now, that today’s price is $2,057. There’s a lot of leverage there on days like this.

Hope you got something out of this. The economic ninja is out. .

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