“We’re going to see recession globally, at least in major economies,” warns Peter Krauth, the bestselling author of “The Great Silver Bull” and renowned expert in precious metals investing. In a conversation with Daniela Cambone, Krauth highlights the alarming financial risks posed by the failure of regional banks. “During the great financial crisis, it took over two years and it took something like 220 banks to reach about $500 billion in losses. Last year it took five U.S. banks to reach that same amount in a month.” Krauth’s insights extend to the precious metals market, where he predicts gold prices to soar to $2,500 this year, while silver is anticipated to surpass $28 an ounce.
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📖 CHAPTERS:
00:00 Banks failure
1:55 Gold price
3:12 What influenced silver price?
8:00 Hedge fund into silver
9:45 Egypt/Turkey gold
12:50 Silver market
14:11 Silver price projection
14:57 Gold price projection
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📞 ECONOMIC STRATEGY SESSION: Prepare for 2024's economic challenges, as discussed by Peter Krauth on the Daniela Cambone show. Discover how Gold, Silver, and strategic planning can protect and grow your wealth in uncertain times. Schedule your consultation: https://calendly.com/itmtrading/500 or call 866-706-9061
There's never been a time quite like this, where after more than a decade of declining faith in gold, people now view it as an essential asset for hedging, reflecting a significant shift in mentality. This change comes alongside growing doubts about the US dollar and treasuries, compounded by concerns over CBDCs. Historical patterns such as the decades-long cup and handle, triple top, all signal a historic moment to invest in gold. 🌟💰 This is just my personal viewpoint; please make sure to assess the risks on your own. ⚖📈
This is aging like 🍷 #Gold & #Silver taking off 🚀🌕
He's very wrong , silver is near 26 now and with them talking about war it's going to hit 60 + before yrs end.
Thanks!
Silver sucks
Great interview, Daniela. Thank you for the information.
nonsense
But dont confuse jewelery demand for consumption
Love your content Daniella. Always informative.
Yes, triple digit silver predictions….for FIFTY YEARS
Love my gold and silver.
The analysts should factor in the real possibility of both the EV market and Solar market falling apart as they are currently.
$28 that is ridiculous. You gotta be kidding me? It was $$30.12 years ago. David Morgan said 12 years ago if you can get it for under $30 you did good. This is insane.
Daniella Superb interview. Have a Happy Easter. Thanks
The statement by a journalist calling gold, and bitcoin, "illiquid assets, is not written for the average citizen, you see, the mind-eye view, of the top 1% that own the banks, and the top-end assets, view a held in a farmer's barn cow, as illiquid, and a gold coin as illiquid, and a forest stand of wood, as illiquid. This is viewed as a poor statement only in the mind of the average citizen.
The top 1% see those items as illiquid as they do not own it, the individual cow, or gold coin, YET, and it is illiquid to those 1%…… Get it//// Our very society is sick and under attack, and the 1% and whoever else view what they do not have as illiquid in their mind eye view, the journalist writes in a commentary they are illiquid…………. The distortion depends on who you are, and how each level in society, and economic level one is?????? be very aware of how the pickpocket is stealth and unyielding to take what does not belong to them..
Gold has Never been less than 59x more Expensive than Silver…presently it's around 70x
SILVER RED ALERT! LBMA Industrial Silver Force Majeure IMMINENT!! Blatimor Plancident Stranded Metals @ LME
Silver is the poor mans gold.
I never subscribed to channels but after watching you multiple times I'm all in
This guy is a fool . You are comparing tangible commodity to something made up by man…. no intrinsic value what so ever … Robert will tell you that in first minute of meeting him. What a fool
END the Fed
🇺🇸
Who can concentrate on Peter or Silver when Daniela is slipping on and off those glasses? And that hair parted on the side! …. Woooo ….. ♥️ 💕
The so called reporters in this world are nothing but paid stooges to push an agenda and they have no interest in truth.
Silver the sleeping giant
Now this was an exceptional interview! All Daniela Cambone's interviews are valuable, but the quality of this one is just unreal and very valuable to those who will listen and invest accordingly, I believe! Thanks Daniela!
'Silver guru'- that's all we need, they seem to be trotting this guy out to pump silver lately
Great video!
What drives crypto to the moon? Its obviously not the same driver as PMs
20% buyer's premium on ASE's is just absurd. And that's buying a tube (@$600) and at a good price from a reputable online dealer.
Three hundred trillion dollars. That is the record debt which global governments, households, financial corporates and nonfinancial corporates owed in June 2022, as estimated by the Institute of International Finance. The $300 trillion is equivalent to 349% of global gross domestic product, 26% higher than the pre-GFC figure of 278% (June 2007, see chart 1). The $300 trillion works out to $37,500 of debt for every person in the world, compared to a GDP per capita of just $12,000.
People often overlook the necessity for the mining industry to decarbonize its operations to align with the new regulations outlined in the AGENDA 2030 sustainable development goals. Having worked in the cargo shipping industry and maritime law, I've witnessed the implementation of various measures such as ballast water treatment, gas scrubbers, EEDI/EEXI, EPL, and underwater acoustic reduction systems to meet these guidelines. While I'm uncertain about the specific steps mining should take to follow a similar path, it's evident that the price of iron ore has been declining since its peak in 2021. China, seeking alternatives to Australian iron ore due to sustainability concerns, faces challenges in obtaining green steel certification for its products. Additionally, Mexico, a major silver producer, is considering banning open-pit mining. Concurrently, the oil and gas industry is also transitioning towards decarbonization efforts, leading to dwindling oil reserves and higher prices. The industry cites low returns on investment and diminishing cost-effectiveness as factors contributing to this shift.
gold will be $20000 and silver will be $40000 an ounce, china will never sell it back to the west.
Hi Gorgeous Daniela and Guest
to my severely math challenged friends, sell gold and buy silver. gold is not 90times more valuable than silver. deep state loves dumb gold buyers
All hell will break loose if we can get gold back under $2,000. and Silver down to $22….Everyone will be quickly moving money around and buying…great sucking sound. Appears $2200. gold and $25. silver floors ARE in place….but I'm hopeful the inflation plunge protecton team, IPPT, will push metals down and give us another opportunity to move retirement funds into metals.
He spent the good part of the video talking up silver and then…
Prediction: $28
Wooow. Better hold on tight boys, don’t wanna get flung around in the space ship 😂
As Tesla is now starting its own silver mine, and other companies will follow, their usage of silver won't affect the global silver supply. So it may be time to trade in our silver for gold, silver is going nowhere.
can someone please explain why the price of gold or silver in fiat monopoly dollars matters? I'm just not getting it.
Hope we see at least 30$ this year so I can sell all my silver. The worst investment ever…
2022 they were talking about silver prices exploding. I bought a lot of coins. Prices are still the same!!!
LAST COMMENT THAT WE WILL SEE GOLD PRICE THIS YEAR GETTING INTO +3K$- +3.5K$ RANGE BY TREMENDOUS PHYSICAL GOLD DEMAND FROM ASIA AGAINST US$+ ITS T$$$$$$$-DEBT BECAUSE WE ALL KNOW THAT US$ DOMINANT PAYMENT SYSTEM IS GETTING DOWN AND DOWN MUCH FASTER THAN MARKET'S EXPECTATIONS THAT INDEED NOW PHYSICAL GOLD PRICE IN ASIA ESP SINGAPORE CHINA TAIWAN S KOREA JAPAN HONG KONG IS ALREADY WELL PASSING THE RANGE OF 2.4$+/- INCLUDING PREMIUM, IS AROUND +200$+/- IN HONG KONG + SINGAPORE+ SHANGHAI+SEOUL+ TOKYO+TAIPEI!!!!!!!!!:) SO FORGET ABOUT SILVER AND FOCUS ON GOLD IF YOU REALLY WANT TO HEDGE AGAINST THE COMING MULTILATERAL CURRENCY PAYMENT SYSTEM FROM US$ DOMINANT SYSTEM!!!!!!!!!!!:)