Bull Run Just Started: $50 Silver Is ‘Next Stop’ Before ‘Much Higher’ Price | Jim McDonald

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Published 2024-07-25
Jim McDonald, CEO of Kootenay Silver (TSX.V:KTN | OTC: KOOYF), explains why gold has reached new all-time highs this year, but silver hasn't....yet.

*This video was recorded on July 22, 2024, and is sponsored by Kootenay Silver

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0:00 - Intro
0:41 - Silver price outlook
3:40 - Silver vs. gold
7:20 - Silver deficit
9:50 - Gold/silver ratio
12:25 - Gold price breakout
16:46 - Mining industry: biggest changes
24:40 - Catalyst for new highs
27:00 - Mining company valuations
28:56 - Kootenay Silver
32:30 - Critical mineral

#silver #commodities #mining

All Comments (21)
  • You want to see silver skyrocket? Make paper silver entities cover their short positions leveraged 10x to every ounce physically held
  • Considering how volatile the stock market is right now, I think investors would be better off focussing on lesser-known stocks. My $270k portfolio has 35% invested in equities that have dropped dramatically from their high status. I feel overwhelmed by the situation and don't know how to move forward.
  • @Myscentsei
    If it goes to $50, by the time u run to pawn shop it already dropped bsck to 30
  • The prices have been artificially held down for years but have to rise for inflation soon it's slowly happening
  • @DavidRowe-r2h
    Thanks for the continuous update! I am super excited about how my stock investment is going so far, making over $32k weekly is an amazing gain.
  • @ccliaKUN
    Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. By studying time cycles and time periods you will learn why market tops and bottoms are found at certain times, and why resistance levels are so strong at certain times, and prices hold around them. The most gain is made when fast moves and extreme fluctuations occur at the end of major cycles.... I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
  • Please state in your notes what day the interview was actually recorded ...silver is below $28 and you speak of $30
  • What boggles my mind is how these Gold/Silver Peddler's want to sell me "VALUABLE GOLD/SILVER" for FAKE, VALUELESS and/or WORTHLESS FIAT CURRENCY! Crazy, right?
  • @Mochi_Forever123
    You ask a silver dealer to predict silver price ? What do you expect?
  • CEO of a silver exploration company hoping to pump and dump his stock. He's looking for an M&A buyer so up the spot price optimism to cocaine levels. LOL
  • @p.m.8316
    we have been hearing this for decades.
  • The power that be won't let silver price to spike as it would cause inflation in many IT products.😅
  • @Bruce-ft6ey
    So many so called experts on the tube have prices all over the place. Why don't you all get together and stay on point. One said 800 i heard 12 thousand. It's turning into crazy talk.
  • @maudesmods
    Sir, manipulated markets don't have `bull runs.'
  • @sunnygee3712
    David asked a series of great questions and Mr Jim Mcdonald gave non BS answers! Very helpful and Thanks! 👏👏👏