Keith Weiner is seeing something unprecedented in the silver market, as prices for silver in the future recently dropped lower than current prices, a phenomenon known as backwardation that indicates an extremely tight supply. This fact, coupled with rapidly increasing demand from India and silver reestablishing itself as a monetary metal, leads Keith to believe prices could be headed much higher up ahead.
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00:00 Introduction
01:27 Silver’s Tremendous Run
06:43 Silver Reestablishing its Role as Money
16:46 Gold-Silver Ratio
22:14 Central Bank Gold Buying
28:34 When Will Gold Get Respect?
31:10 Socialism and Crony Capitalism
35:24 We’re Cooked if Monetary System Doesn’t Change
Credit to : Commodity Culture