Welcome to illuminati silver we tell you the
truth about silver. Today is Sunday 8th November 2015 and we are
going to briefly discuss silver price predictions for the next 5 years.
Many of our listeners know that long term we are bullish on gold and silver. They also
know that when we discuss these commodities, we are taking a 10+ year view on gold and
a 20+ year view on silver, though obviously this does not mean we do not see prices rising
before then, but that we are warning, do not seriously place large amounts of capital into
these commodities unless you can wait that period of time without having to sell them.
Naturally, we are speaking about purchasers of the physical as opposed to paper contracts
which behave and trade on very short time periods. Now many gold and silver bulls believe
that both gold and silver are going to rise very soon and very dramatically.
However, short of a most serious International crisis, few of the mainstream experts support
this view. Now we are aware that conspiracy theorists claim that the reason for this,
is that every major institution is in it together, and are deceiving the public. Well, all we
can say from first-hand experience of working with people at the top of the UK Banking system,
is that much of our time was spent on how to outsmart and ‘beat’ our banking rivals
and competitors, after all we wanted our company share price to rise and our individual banks
to prosper. This meant that when we sent our traders loose on the market, they knew that
they were in the arena buying and selling, in order to make a profit, and for every buyer
there is a seller and for every seller there is a buyer – and we ask you not to forget
that. Bearing in mind, that it is the institutions that are mainly buying and selling, if they
all thought exactly the same way, then no trade would take place, and therefore if they
were ‘in it together’ then there would be no market in which to trade.
So who is predicting what and when? Please bear in mind these two criteria; (1) prices
are valued in US dollars; and (2) assuming no global black swan or hyper-inflation event
takes place. Let’s look at silver and those who are quite
bullish: Gary Christenson of the deviant investor.com
predicts that by 2020 silver is priced at $35 – $50
Christopher Aaron of the Silver-phoenix500.com forecasts $50 per oz
Consensus economics.com foresees prices around the $21 level Now those who perhaps are more mainstream
and less bullish: The EIU – The Economist Intelligence Unit
– forecasts $18.80 for 2020 The World Bank – $16.40
The Economy Forecast Agency and independent organisation predict an average of between
$9.50 and $11.50 for 2020. So there we have it. We have left out the
extremists like the major pumpers who are quoting hundreds of dollars and also the major
doom and gloom merchants like Harry Dent who are predicting very low single figures – as
these guys are all forecasting major economic collapse or severe deflation.
Our view, generally falls in line with the Silver Institute when they pronounced last
year, that based on current silver demand and supply conditions, they could not see
silver rising above the $20 level for a number of years yet. We believe that silver will
rise to $20 as peak supply will have been reached by 2018 and then a squeeze will evolve,
however, should world economic conditions deteriorate further then this will restrict
silver’s price rise and should they improve then this will aid its price.
We hope you have found this video helpful and informative, and would appreciate it if
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Please also share this video on twitter at illuminatisilv1. Disclaimer: Silver Illuminati owners come from a background
of Banking, International Wealth Management and Economics. Having now retired from these
worlds we are not qualified to give investment advice. Therefore, this and other productions
must not be deemed to be giving such advice and merely represent the personal views of