#31 First Look at Silver: Asian Guy, Industrial Demand, Supply Deficits

Yeah, I want to buy $100,000 in call options for silver for a year out from now because I think it's going to double. And if it doubles, I think it's a 10 bagger. How much of uh So, let's look at the electronics that people use silver for like solar panels. I imagine some sort of chips. How much silver do they actually buy versus how much is mined every year? So, we've been running at a deficit uh from our mining to our consumption for 5 years. We average about 1.1 billion ounces of consumption and we mine about 800 to 900 million ounces. So it's a deficit of like 200 million ounces a year. So I'm trying to figure out if I should take this trade because silver guy seems real. So this let me get this straight. This AI generated uh YouTube channel you think might actually be better information than what we're getting from like one single off human. like this is like some AI research probably directed by a human who who knows the silver markets pretty well. Is that where you're at right now? Yeah. So, in the last like two months, a bunch of YouTube channels have popped up with this guy called Asian guy. Everybody's calling him Asian guy and it's an AI generated Asian guy and it's an AI generated voice and he's just talking about the silver markets. This is Asian guy. He's not real. He's AI generated. He's not real. He's AI generated. His voice is AI generated. In fact, I went to try and uh figure out who this guy was. And so I wanted to collaborate with him, right? I wanted to get him on our channel. And so I found his email. Uh where is it? There it is. And so it's the it's actually Muhammad Tulfay Baygmail.com. So this is at least the the email address uh associated with Asian guy. And so I got I emailed with him. This guy emailed me back and like you know, but he he was very vague or whatever. Anyway, so this is the that's the email address with Asian guy and this is Asian guy. But this isn't the only channel. This is War and Mystery Chronicles. But like you'll see this Asian uh I guess uh it's hard to see but once you get into the channel or once you get into like the silver tunnel this guy that everybody's using this guy and there's like 10 20 channels pumping out videos like this where he's just talking to the screen with a bunch of random actually terribly AI generated images over here on the side that are like they're like not even garbage. Yeah. They don't even spell things correctly like like that's a chart on top of a forest. It's a Oh yeah. It's just like like look at this. This is all like look at this. Boop. Look at that. Stop blah blah. Like it it's not even generating text properly. Like none of this is good. But the majority of the information he's sharing is real because I've grown fascinated with it. And so I started researching what he's been saying. And he actually says when he says some of this is a rumor and I heard it through, you know, people I know and then other things he's like, "This is verifiable. This is what's going on in the comics. this is what's going on in Shanghai. Here's the spot prices. Here's the deleveraging or leveraging that's happening and all. And he's like, "This is all public information." So, I've been going through these videos and watching them and then fact-checking them and having Chad GBT fact check them as I'm going through them. And this guy is on point to the point where like it's not just AI generated. There has to be some intelligence behind this. There's a financial analyst. there's somebody who has a a much better understanding of commodities and maybe specifically the silver market behind this also and they are like inputting their own opinion in there as well. Like I can just smell it. It's it's not generic enough. It's so specific with some anecdotes and some things that's like an industry insider or like a knowledgeable person to where he keeps predicting it. He's been calling it for like a month and and every time he's like here's what's going to happen. Here's what's going to happen next week. And it does and silver keeps going up and so there is a little bit of like he can generate his own momentum like if everybody starts watching this and you know that that's how momentum works in markets that like you can create FOMO and that that creates your own you fulfill your own prophecy right and like maybe that's happening in some factor that has to be happening in some capacity but the information he's giving is verified it is real there's a real delta between the paper spot price of silver at least as of now is like $71 and Shanghai which is physical silver and it's $89 per ounce. So like an $18 or like whatever it's an 18% premium which margin should eat up like like arbitrage traders should eat that in like two minutes but it's been existing for days which means we have a physical separation between the paper price of silver and the physical price of silver. So like in the last few days when silver tanks uh the Shanghai price didn't budge at all like like physical silver markets stayed exactly where it was which means it was just financial deleveraging and a lot of random traders that are that are you know stuff's happening and it's a weak liquidity market because it's the week between Christmas and New Year's when everybody's off so everything's on autopilot. So like truly physical silver is worth more than the paper silver price right now by a monster margin that should never exist. And so like that's real. That's verifiable. And I think that the whole world is starting to freak out that they don't have enough silver. So it's going to be a battle. A battle for silver. Yeah. I want to buy a $100,000 in call options for silver for a year out from now because I think it's going to double. And if it doubles, I think it's a 10bagger. How how much of uh So let's look at the electronics that people use silver for like solar panels. I imagine some sort of chips. How much silver do they actually buy versus how much is mined every year? Let's go through some of like the basic math of silver. I think it's cool to like learn all this on screen right now. Yeah. So, we've been running at a deficit uh from our mining to our consumption for 5 years. It's actually been seven years if you include uh paper trading as well where people are buying it. But just literal consumption and mining. It's the for the last five years. We we average about 1.1 billion ounces of consumption and we mine about 800 to 900 million ounces. So it's a deficit of like 200 million ounces a year. And you can see the reserves in the comics in London. You can see the reserves declining. They have to report these every year. And so we've seen the silver reserves declining for five for seven years total. But five, you know, they they'll show you how much is paper when like SLV or these ETFs buy it. they have to like a lot of them actually go get the silver and put it in their vaults. So that kind of counts as consumption. But like specifically for IND for manufacturing the last 5 years manufacturing has eaten out more than we can mine. And this is a problem because there is there's very little uh pure silver mines. It's silver is mostly a byproduct of mining lead, zinc, and copper. So even if silver goes up in price, that's not a huge incentive to increase mining capacity because you're mining lead and zinc and copper for the most part and silver is this byproduct. So like the miners don't have this huge incentive to just like scale and it takes forever to do it. And so and and silver is being used so much more in in all this stuff today where the average solar panel has like 20 or 30 bucks worth of silver in it. So it's not much. It's like it's like some grams and then the average EV has like 30 to 50 grams of silver in it. So, we're talking like, you know, not a lot of silver, honestly, per unit. And that's a problem because that means, okay, well, in a Tesla, there's probably 50 grams of silver in it. So, that's like what, 50 bucks, 30 bucks? I mean, whatever. And a Tesla's $40,000. So, silver can triple in price. And Tesla doesn't care. Solar panels don't care because a Tesla is $50,000. Now it's $50,050. Like who cares? And so yeah, this is basically the idea of it's price inelastic. Okay, I've got Jim and I on the job here doing some research for me. You want to hear some of these numbers? This is pretty much confirming what you're saying. Annual volume 820 835 million ounces for mining. That's net. That's how much is mined. You pull it out of the ground every year. Yep. Yep. And it it was saying about 20% of that is from primary silver mines and then like 80% is from other mines where they're doing like zinc or copper, but then they ship that off to a silver mine to refine out some silver from the sludge they pull out of the ground. And China does like 70% of the refining. So we have to ship all that sludge over to China. They refine it and starting January 1st, China is not allowing or is starting to restrict exporting of raw silver. Approximately 1.15 to 1.21 21 billion ounces are sort of consumed. That's the demand. So the demand is much bigger than what's mined. It's about 250 million ounces surplus or demand. Yep. Industrial consumes 55% plus. That's really big. Jewelry is 20%. And investment is 15 to 20%. I thought it was higher. I thought investment was much higher. No. So So investments 15 to 20%. That's like SLV. That's all the silver ETFs. That's like that's just the financial plays. And so yeah, they're only doing 15 to 20% of this market, which isn't nothing but yeah, industrial has and the people who hold in their houses, right? That's people who buy and hold in their house as well. Sure. JM Bullion and those the retail investors, but you know, the retail small. Yeah. Not Yeah. Right. And then they say recycling supply. So the since the mines can't mine as much as we use, 190 195 million ounces are recycled every year. industrial scrap and melted down silverware or jewelry provides the the gap it looks like. Well, that's not even the full gap though. No, it's not. Because 835 is what we mine, 1.21 is what we use and then we recycle 195. That still leaves extra. So, we are running out of silver. Yep. And you can actually find uh you can million ounces right here. Yeah. Is the market deficit. Yep. That's for uh last year. So, yeah. Yeah. And that's been going for like five years. So our dev So we Dude, I think there's a graph. Let me find it. Uh China is the high volume refiner. Dude, you're 100% right about all this. So you're getting your information from an AI generated YouTube channel for the most part. I know you've been in silver for a long time, but like the most up-to-date knowledge that you have or whatever when you're like living through your day is from this AI generated video and it seems to be mostly correct. Yep, it is mostly correct. Wild, man. And then let me show you this graph understanding the silver market deficit. Here's the annual silver market balance. This is it. We've been running at a deficit in 2024. Minus 282 million ounces - 147 - 135 - 158 - 300 million ounces. This is the deficit. This is reported. This is public numbers. We've been running at a deficit for five years, six years. And then and you know, there's more uh uh exact graphs that'll show like the breakdown of where this is, but this is pretty much all you need to see is because solar panels and EVs and data centers are all chewing through our silver reserves. And it's such a small percent inside of every solar panel that they just don't care. Silver can 4x in in cost and it bumps up the price of a solar panel by like a hundred bucks, but a solar panel is like $2,000. So like who they don't it's so it's the pure definition of price inelastic. So walk me through how you're thinking you would make money on this because I know that obviously you could buy silver and hold it in your house and that's if the price goes up you could go sell it, pay taxes on whatever you gain and you could make money that way. Is there a way that you can make even more money than just buying and holding the silver, you think? Well, yeah. I mean, buying and holding the physical metal is the is the purest play. Uh, but it's not it's not utilizing any leverage. So, you know, I I do own some silver. Uh, and that's but, you know, I honestly plan on never selling it. Yeah. It's more when you buy physical metal, in my opinion, it's to pass on to the next generation in your family. That's that's in my brain how I think about it's like if I buy gold or silver this is going to my kids or my grandkids or my nephews or something. It seems like it but you know in 1980 silver 10xed in value and so you know if we go it's already doubled. So let's say it was at 30. So a 10 bagger would be go to 300. So silver we're currently at $73. And so if silver goes to $300 an ounce, which it's already done historically when a squeeze happens, then like you know that might be incentive for people to go sell their physical metal because you would what what the the next play from that is you parlay it into a harder asset which would be like land or like other you could do equities like you know you diversify. So, I do think there's a there there's already historical precedent that silver could 10x from it from where it was and I think 10x from the 30 from the $30 mark. And so, you know, so I'm considering buying calls on silver going up and I'm buying a year out call for January 2027 since we're coming up on January 2026. And, you know, I think it's going to work. Would you buy a call on just a straight silver ETF or would you go on like a 2x leverage ETF? Oh, I don't even know if they have levered. Oh, I haven't even looked at that. There's a ProShares has a 2x 2x direct silver. So, here's the last year. 436% return and silver's silver was at like 170%. Go to the five-year chart on that. Is there a five-year chart? Oh, yeah. Dude, this is crazy. It's been popping like crazy. If you see that hockey stick spike at the end. Yep. That's that's what you get with a leverage ETF. It's the way that the way that they orchestrate these things like if you think of an ETF, what's an ETF? It's a company whose shares don't really represent like a real company. There's not people working at it. It's just a company that bought a bunch of silver. And so you're just buying shares that indirectly own silver. That's the idea of the ETF. ETFs are awesome because you can trade you can buy silver in your 401k basically by buying shares in a company that only owns silver. It doesn't do anything else. It doesn't have an HR department. It doesn't like go out and produce anything. It just holds silver. Sure. These leveraged ones are basically overnight swap contracts that the that a company will do with banks on the price of silver. So they're like insurance policies. Like if you ever did those like a golf tournament where you do there's a hole in one prize. Yeah. You wonder, man, how are they going to give me a free car on a hole in one? I only paid $100 to get this golf tournament. They went out and bought an insurance contract with an insurance company who hit a hole in one. Similar thing here. Every night this company, the ProShares Ultra Silver goes and makes an insurance gamble with a bank. They like buy a policy so that this will this will do 2x of whatever silver does during the course of one day. The problem is that they degrade because of fees and because of overnight resets. The overnight reset on the actual contracts that they're doing. So there's like a rounding error and there's fees that get taken off of it. So if you buy a call on one of these, the problem is these stocks tend to go down. They degrade over time because the fees and this overnight reset problem. And you can look into that with leverage. There's articles written on that about leverage ETFs. But if it's going to be a short time spin, buying a call on one of these might be much more profitable. So it really depends on when you think the squeeze will happen. Like if you think the squeeze is going to happen in the next two quarters, I would look at calls on this thing. Yeah, it does seem like it's going to be in the next two quarters. But I like the idea of having it a year out because it gives me gives me some buffer. But but you're right, this degradation. Are there any like leap contracts or are there any like two-year contracts on on SLV? There are. Yeah. On SLV. Uh oh. So you can go two years out. Yeah. Uh you can. Yeah. Can we do I bet those calls are flying right now. I don't know. Actually, let's go on two years. I don't even know if you have to go two years out. I would go at $69. Let's look. And then let's look near the 69 strike price. Yep. There. Here we go. So to your call at the strike price of 69, they're going for 14 bucks right now, which means it's got to get it's got to go to 74 just to break even. 84, right? Uh 84, sorry. Yeah, 84, right? Pretty much. So that means the market already thinks it's going to be at 84 minimum in a year. By in a year. Yep. And that's why that's pretty that's pretty good. which I think if you come right down here right to about the $79 call and it's nine bucks. I mean, yeah, I can put this into I want to explain this for anyone who who's who doesn't look at call options all the time. I want to explain this like real simple. Yeah, you go ahead. I'm gonna I'm gonna operate this. So, the price of this ETF is $69 right now. And what that means is you buy a share in a company for 69 bucks and that company owns a bunch of silver. It it almost doesn't matter what the price is. the price is $69. If you believe the price is going to double, then you buy a call option for $69. A call option gives you the right to buy silver at $69 for the next year. So, if you believe it's going to be 69, if if you believe it's going to go up, then you buy the right to buy silver at the exact price of what it is now for like 14 bucks. you spend $14 to get the right to buy silver at 69 for the next year, which means if it does double, so it goes up to so it's it's like $138, then you spent $14 to be able to buy it at 69 so that when it's 130, you can go buy it at 69 and sell it at 130. So you spent 14 to be able to net that difference. And that's that's how you make money on leveraged call options. I I I think one people overlook call options. A lot of like 401k investors, I think they just think it's too risky. But the truth is, if you own if you own the call option, your downside is limited. You can only lose the amount that you've already invested. There's no uncapped risk if you just buy and hold a call option. And what people don't like about just buying and holding call options, the reason you wouldn't just buy and hold, even though your downside is limited to the 100% of, so if I take uh $10,000 and I buy call options, the most I can lose is $10,000 because the silver price doesn't go up. So my call So I never get to exercise, I will never exercise my option to buy at the the contract price that I decided was a good contract price. But you can also limit that downside. You don't have to lose 100% because you can do like what's called an iron condor or some sort of spread. There's all these strategies. So, here's what I wanted to show. So, basically, I put that options chain into chat. I was like, "Make me buy 100 grand at every strike price. Let's see what I can make." So, here's the strike prices in a year. Here's the mid price and here's the contracts. How many $100,000 would buy you? So, right around here, 8079. It'll cost me 100 grand to get 96 contracts, which is like owning 90 9,600 shares because it times by 100. And basically, I would put in 100 grand. And if silver doubles, I put in like let's say silver goes to 140 because right today it's at 70. And so since SLV mimics exactly silver, it's not the double one. It's it's not the the 2x lever, it's just regular. So if silver doubles in price, it'll then this will be worth $140 in a year. And so if silver doubles within the next year, I will generate if I buy the $80 one, I'll generate $576,000 in value minus my 100 grand, I generate $476,000 in profit. So it's like a five bagger. And that's not including the extra price premium, you know, with however much time is left or the time premium depending on however much is left on the call option. So the value would be somewhere, you know, about $600,000, I think, if silver doubles in the next six months. So I think I'd be a five bagger. Now ask it how you could limit your downside. So it' be less than 100%. Caps upside at 120. Cuts cost by 40 to 50%. Yeah. So there's a bunch of options. It does cap your upside on that one though. It caps the upside. Yep. But if it goes to 140, you get max full profit. Okay. So net cost is 790. Oh yeah. Okay. the call spreads best risk control per dollar. So you basically you would buy uh essentially you sell the call at 120 and so you buy the call at 76 sell it at 120. So you still have to spend your 100 grand but you make a little bit back but if it goes over 120 you don't make any money past that because you kind of sold away that profit. So basically, I could cap it, you know, caps my upside at $120, um, but cut cost by 40 to 55%. And that's pretty good because if I just think it's going to double, but then again, if it rockets and it goes to 300 per ounce, I lose all that upside, but I save money on the on the purchase. So that's not bad. ROI since this one you really feel bullish about and and you're really in it for the unlimited upside. I probably wouldn't cap it because that kind of defeats the purpose of of a trade like this. Yeah, because if it keeps running I mean basically if it ran you I'd essentially probably sell out whatever my cost was inside of it. So I'd get my 100 grand back and I'd let the rest run. That way I I you know take my money off and let it play with casino money. That's probably what I would do. But so the bottom line is is this guy, this uh where's our silver guy? Asian guy is making a lot of sense and he continues to say what's going to happen and it keeps happening. And I recognize that that could just be chance and probabilities, but he's also quoting public information that I continue to verify and he keeps being right. And just that the and Elon just tweeted it like yesterday. Elon, a guy tweeted that, you know, silver is now, the US has now designated silver as a critical mineral. It did it a year ago, which means it's critical for national defense. Oh, that's the other thing is the military, they don't ever go into the fact that a military-industrial complex, every warhead, rocket, every munitions, dude, it's exploding like a pound of silver. Like they just use silver inside of all these explosives and it just vaporizes into atoms. And so, like, they have a big demand for it, which is why it's a critical mineral. Now, China has called it a critical mineral. So, like the governments are already kind of acknowledging as much as they publicly can without causing a big stir that they're like, "Oh, this is important to us." And we see that there's been a deficit for 5 to seven years. We see that the mining, you cannot accelerate mining. It'll take 5 to seven years just to build more mines and activate more mines and get more silver out of the ground. So, supply is limited, demand is climbing. maybe the end of the human era of when we cannot ramp up mining because as soon as we have Tesla bots, which probably five to 10 years, we'll have mining robots where we can ramp up much much faster mines, but we're not there yet. So, this might we're in like the last few golden years of squeezes like this. You actually have some time to be able to react to. Well, I think that's true, but even now we have huge robots that help ramp up these mines. I mean, we have huge robots that that humans drive. So the limiting factor is humans have to go to sleep instead of work 24 hours a day. But even still, like we we don't do our mining with picks and axes anymore. Like the the machines do it for us. We just have to run it. So I I know that even automation it it'll just let it keep going while we sleep. But it just takes moving atoms is one of the most expensive things to do in reality. Moving atoms around is so freaking hard, especially out of the ground. And so I just know we can't get enough silver. Everybody wants silver. China is now holding silver. Like the paper price is is separating from the physical price. And it's the crash that just happened. Shanghai didn't drop at all. Shanghai, the Shanghai markets, which reflects physical silver. And London, which represents paper silver. London had a flash crash this week because of reasons. But Shanghai didn't budge at all. No one who's buying physical silver saw that crash and thought, "Oh, silver is worth less now." They all still know it's worth what it's worth. But doesn't that just tell you to buy physical silver instead of paper silver? Like Yeah, call options is even paper silver on top of paper silver. I know. And that's the only Yeah. Well, I'm just I'm trying to get leverage. I do own physical silver. That's the ultimate like, you know, that's the ultimate way to take to make sure you cover your downside. But in this world of uh you know, SLV, they're the heaviest traded one and they are a little problematic. They don't actually hold physical silver in a trust in a vault all the time. Like they own some of it. And there are other ones like PSLV that do hold physical silver in a vault that's like allocated and segregated and they have all the words that like make it legal, but there's no options on those. Obviously, there there couldn't be options on them because you can't fractionalize physical metal in a vault. Nope. They can't promise it. So, they don't have or they do have them, but they're very thinly traded. I don't even know if we get access to them. you have to be in in the UK or you know like you'd have to be special but but they're very thinly traded so the only real spot to do this is on SLV but it's going to reflect I mean it will reflect if silver paper will have no choice but to follow physical paper will have no choice but to follow physical it's it's it can't how can you keep saying that physical silver because because behind all the paper silver is at least a a vapor of a promise that you can translate this into real silver. Like you can't just say it's silver and it's not silver. And so a lot of these they're just but they're fractionalizing it and selling it so it could explode. But you know if I my my c my downside bankruptcy do can SLV just like declare bankruptcy and I mean can they just change what they just take everybody's money? Yeah. Feels like that's a problem. I mean the market would have to just completely I mean yeah I guess you'd have to plan on the governments giving bailouts. I mean that's exactly what was happening in 2008 and 2020 and everything is basically they were just going to not have money for everybody and then the government was like we can't do that like we have to give everybody their money and so they saved all the banks because the banks owed all the money to people but they can go back and settle you at some earlier price if if it's at that verge of like bankruptcy or something where they've overpromised too many silver contracts they can go back and settle you out so you hold call contracts and now the price is way high. Yeah. depending on the I've run into that before where some of my call contracts got settled by the brokerage and it's like it wasn't even close to the the deal that I thought I had made, you know, and you're right, that is a risk for sure. That would be a risk that they don't settle you at the price and they settle you lower because, you know, ultimately there's not going to be enough money to run around with all this financial engineering. There isn't enough silver to cover the amount of silver contracts just in general in the real world right now. That's that's just not true. So, everyone's going to have a haircut if if the whole system's exploding. But there's so much counterparty risk. That's why the 31 billion just got thrown in to save this collapse that just happened is because all these things are algorithmically connected commodities to oil and all these other things where like if somebody starts defaulting, it creates this cascade of like rebalancing that goes everywhere which is why the banks save everything. It's so stupid that you know that we fractionalize anything but you know such as greed. Yeah, man. I was I was just in Chile, which is one of the world's largest copper exporters, and I was talking to a guy that worked at a copper company, and he said that they're planning on experiencing a squeeze. They're like ramping up because they believe a squeeze is coming with the like electrification of the world still in AI, there's going to be more. So, he was telling me probably copper is going to double in the next like year, year and a half. It feels like all metals because as soon like you said moving atoms is the most expensive thing to do but AI makes it cheaper and cheaper and cheaper which means you want more and more and more atoms. Yep. But there's only so many there's only so many that we've we've mined and are holding in our safes right now. It's the we're hitting the limits of reality. The bottleneck is atoms. Like the only way to scale is to get more atoms of of a thing. A special atom shape of silver. Like that is what we're missing now. It's not information. It's not theoretical. It's literal. Like, man, in a year or two when AI is still exploding and we see silver doubling or tripling, it's going to be so obvious, right? Like, in a year from now, think you're like, oh, did did the raw materials that was required to make this happen go up in value? Oh, of course it did. And like, so here we are. And it feels like there should be a way to capitalize on it because nobody's paying attention. And I mean, you know, not nobody, but no one in the world, you know, the grand the vast majority of people have no idea this is happening. Yeah. Right. Yeah. Most people don't talk about silver. No, at all. And like a black swan event I can see happening is someone mines an asteroid. Do we have any companies that are getting close to to reeling in an asteroid that has a bunch of precious metals on it that you know of? We do not. No. I mean, they're all in the like theoretical phase. So, the idea to like I don't think so. I think some are I think some are sending probes out there. I think we're at probe stage. Okay. It might as well be theoretical cuz we're we're in the less than 5% of the way there like to then you got to go land on the asteroid, put it in a bucket and get the asteroid back like or get the get the silver back without blowing up the earth without blowing up anything and like and the whole thing not blowing up and not losing it. Yeah. I mean, we're like we're certainly we're years away. Like we're years away from that happening. There's no way that happens in 2026. So like, yeah, I think we're getting I mean, and the governments are already saying it. The US has already designated it a critical mineral, which you can just Google and it's like, yep, it was. And like China's doing it now, too, and they're restricting exports. Like the governments are making moves. They're just not talking about it on the media because it's really scary. It is scary. It's crazy how much the price has gone up. I think I was buying silver like three or four years ago. I think it was like $28 an ounce. I mean, what is it now? You're talking numbers like 70 and 80. That's 75 or whatever now. Yeah, it went up to it went above 80 and in Shanghai it's 89 physical physical silver. So because that's where all the industrials all the companies are buying it like Samsung and Tesla whatever because they just need to plan on their like 30 grams per if and because it's it's a non-negotiable. If they don't have the silver, their their manufact their their production line stops. All the people they pay like 99% of a Tesla is a paper weight. And so you need 100% of a Tesla to sell a Tesla. And so they will eat that cost. Who car? They don't care at all. They just want to actually have the material. Having material is more important than the price. So we're already seeing it separate because they're willing to pay whatever premium it takes to secure their their supply chain. Like, so it's just going to keep happening. So, what do you think? You going to pull the trigger? Call options all in all the chips on the table? Maybe. Yeah, I kind of It stinks. Like, how do you decide? Like, what level of conviction do you have to hit to to go let's say you were going to just throw all your money in or or more realistically, let's say you're going to put 30% of all your investables into something. How what level of conviction do you have to have? Like what sort of signs for you personally do you need to see for that to happen? Uh well I think I think it's I think it's just a gut thing unfortunately. I think it's and I don't mean that emotionally although emotions are a piece of it. Uh I've been trying to live my life more around gut instincts because I think that I've realized that all of my evaluations are terrible and like I never know I can never know everything. I can never know all the variables. You can never know all the variables like and so if you think you know all the variables like you're you're just gonna get smashed and I have been in life and so but there are moments in my life where I get a gut check and those moment and and you know a lot of the variables seem to be lining up like it like in my brain I'm not shorting silver right now so like it is a combination of like you know what's happening but then I see a lot of these where then my gut's like nah better just sit back you could even be right but better just sit back and then every couple of years something comes up for me personally Personally, every two or three years, I usually get like one thing that comes up like this and I have to and that's in my brain where I start to sweat and I don't want to risk it because I don't want to lose all my money and I don't want to like whatever. But like this is the moment where it's like if I'm right and I don't push all the money in. H it's so it's so I I regret it because there's I've got to wait like three more years for another one of these to like surface again. And so but it isn't going in because of FOMO. It's literally going in where you just sit for a second. You go, "Am I supposed to do this or not?" And I just wait to hear that still small voice tell me to push it all in or not because it doesn't tell me to push it all in all the time, but every once in a while it does and it's worked out for me. It's It's like the music sort of investing through meditation, I guess. So, it's like writing a song. How do you write the perfect hit song? It just comes to you. And I don't know, that's it's the same force in my brain. It's the I don't write songs, though. I'm not a musician. And so every once in a while you just feel like you get this inspiration and you just and I know everybody's talking about Asian guy. He's like on a bunch of channels now that's like being replicated and it's like who's behind this? Is it the Chinese government? Is it a silver trader? Is it a a financial analyst? Well, no one knows. No one knows who this guy is. I just know that the email behind this one is a Muhammad something something which could even that could be a front. The email you could just make an email that says anything, right? So like we don't know. But this guy smells like an analyst. This guy smells like someone who knows. To me, it's not just AI. To me, someone who's who's putting this out knows more than the average person and is maybe trying to like fulfill their own prophecy. But I don't even care. That's okay with me. Like, who what's the difference? Like, if he's right, he's right. And so, that's where I'm sitting on it. Yeah. But I have this Robin account. How many subscribers and I have this Robin Hood account or I could just talk to me talk to me about that. I could just liquidate everything. Is it dormant right now? It's I mean it's it has positions but it's just stupid stuff that's just sitting around. What kind of positions would you be getting rid of to take on silver? Oh, it's just I own some of the S&P and then a lot of the tech stocks and then you know whatever. It's all it's up like I don't know 15 15%. I love transitioning from tech stocks to metals right now. I love that idea. Well, the hardest part what I you know the more conservative play would just be to take it all and buy it all in physical silver and just take it that way. But but that doesn't seem like uh I already have some of that for one and then for two I just want a bigger return. I think I I think if this is real I don't actually want you know $100,000 of silver. That's like, God, that's like pounds and pounds of silver. I gotta like put that somewhere, you know? It's weird to put that in your closet. But I do want to take advantage of it. But yeah, this guy, Warren Mystery Chronicles, such a crazy name. 30,000 subs, 61 videos, dude. His oldest video is from a month ago. So this guy started publishing a month ago and this first video has 5,000 views and he's put out 61 videos. So he's doing about two a day and everyone is a lot of it's wrote a lot of it he repeats some of the like broader things but most of them he has new information on every single one. So I really think this is an analyst that is f that is tracking the silver market like all the time and as soon as he gets new information he rewrite he has chat GBT write another transcript and he like fills it in with stuff and then he just throws it into this AI generator and it makes like terrible pictures with this AI guy and he just puts it out and it's working like with decent information with decent information. Yeah. Like, so that's Well, if he just found some other good YouTube channels. Yeah. If he just found a couple good analysts that don't have a ton of followers, cuz YouTube is so extensive, there could be a thousand people reporting on silver, and if he just found 10 of them that are actually doing a pretty good job, takes their transcripts, put it through AI, you're kind of getting a synthesis of maybe a few YouTube channels even, and maybe that's why it's coming out better than any one in particular YouTube channel you you watch. It could be. I mean, look at this. I mean, I just searched the word silver on YouTube. Here's real guys business up upside whatever. 72our class. Yep. Something huge just snapped in London silver market. Peter Schiff, big boy. This is the best performing silver market since 1979. That's true. Next target is 123. I mean, these guys 48,000 views six hours ago. According to the gnome of Zurich, the correction of silver could be over. Silver prices skyrocket. Chinese. I mean, it is just like silver sold while you slept. These guys, I've seen so many silver banned on January 1st. This is Graham Steven. 300,000 views 21 hours ago. China just broke the global economy. WDF happened to silver because they're banning the export on silver. I mean, this is being covered by real people. Like, this is like the real and here's the Asian silver guy. There's him again. Warning on silver. Sydney. I mean, 17,000 views. This is just starting to uptick, dude. Here's Andre uh Jik or whatever. Dude, this guy, look at this guy. He's huge. He's huge. He's got three million subscribers. He just put out Silver Squeeze 21 hours ago. Half a million views. Everyone's seeing it. There's Asian silver guy again. So, it's not like, guys, you heard it here last. Get in on silver. That's right, dude. Buy silver a month ago. Now you know. Buy silver last year. Now you know. So that's the idea. Stay tuned for more out ofdate information. No, I agree, man. I I'll be totally transparent. I just loaded up on physical silver a couple days ago. Again, I mean, I do every every two years I go through and just buy some more. I'm sort of dollar averaging in every two years at a two-year time span. Well, you got a great return right now. You know, gold is nice. I like gold because uh I really like gold because it's smaller. It's just less less space. You can actually travel with like two two or$5,000 of gold. And most times airports won't catch you, which is great. But the problem with gold is, you know, my grandma Yeah. It's just like one coin. My grandma tells me stories when the government came into the house and forced them to sell gold. Gold is like the first thing that a government I think would come and squeeze you for. But it sounds like silver might be next on the list. And then if you go past that though, like if you start buying physical copper, I have some physical copper. Dude, it's like a hundred bucks gets you like a bar this big brick. And so it's like, dude, if I want $10,000 of it, I I literally need like something that takes up my whole house. You got a wall of brick. A wall of copper brick. Yeah. Yeah. I mean, silver is one of the best though because it has the most industrial uses. Like gold doesn't have nearly as industrial uses as silver. Not at all. It's crazy. Gold's barely used. It's hard to get a hold of like Yeah, palladium is probably nice. Uh, malibdinum would be nice because it's only mined in a few places. Just kind of hard to get a hold of. Well, I think there was that run on silver really is. I mean, this has been modeled or this has been replicated. I think palladium had that run like a decade ago in like 2012 or whatever where it did the same thing. I mean, it 10xes as soon as paper and physical remove itself. A 10x error is like not out of the realms of possibility because the industrial side scramles. They are willing to pay 10 times more. I guarantee that all of the solar companies and all the EV companies are willing to pay 10 times more than its current price to keep their shops going. And as soon as they all start arguing over it, they will. What do you think about uh like a junior silver miner? Because there's a there could be a lot of alpha in a junior silver miner if silver's getting squeezed. Yeah, I was looking at some of the mining companies. They're crushing it. Um there's some pure silver mines out of uh Mexico. That's a pretty good one. Um, and I think that would be a pretty good buy also because they're when it comes to mining, your costs don't go up. Like I think it costs about $15 to mine an ounce of silver right now. So it's all upside. I mean, you know, if silver doubles in price, it doesn't cost you double to mine it out of the ground. It's the same. And so there's so they actually get better margins than silver itself to some degree because they have fixed costs and then it, you know, their margins go up and they get traded on their margins and multiples. So yeah, a lot of the silver mines have actually performed better as an equity than silver per, you know, as a pure play in the last year where silver's up like 170%. And I was looking at a lot of the silver mining publicly traded companies and they're up 200 to 300% on the year. So that would be another way that I've looked at getting exposure is just buying into silver mine equities and that's like another way because at least you're buying an asset and then at least I guess that's not a bad play because it should two or three. It won't 10x though. So it's really picking what you want your return to be. I guess the one I picked would 5x. Yeah, it would five or 6x, but silver mines will two or 3x, but covers your downside. So, it's picking your risk profile for it. Well, good luck to everyone out there. This is not financial advice. Silver lining in the message. This is not financial advice. The silver lining is getting more expensive by the day though. So, you know, uh it soon quicker the clouds will go away. Don't do anything. Don't do anything with your money, but buy Wendy's. Buy buy cheeseburgers. That's the financial advice. Be a consumer. Go spend all your money. Be a consumer. The economy. Velocity of money is everything. That's the only thing you're allowed to say legally. Spend your money on stuff. Buy my stuff. I'm not selling anything, but buy it anyway. You're not allowed to tell people to buy assets, but you are allowed to tell people to buy liabilities. That's the legal limit. That's right. It's crazy. Thanks. That's so weird. I can't tell you to go buy silver, but I can sell you my nonsense. Totally. Buy our course. Cup. It's $10,000. I'm selling this course. Yeah. Buy our course. That's not telling you how to buy silver. That's not illegal. Yeah. That's a That's so weird, man. What a broken world. All right, let's get out of here. That's good. Silver to the moon. Yep. Peace.