If Silver Explodes Who Will Buy It - The Answer is EVERYONE And This Is Why!
Backyard Bullion Backyard Bullion
59.6K subscribers
11,319 views
0

 Published On Apr 30, 2023

#Gold #silver #money
https://febatterymetals.com/
CSE: FE | OTCQB: FEMFF

In this video, we'll discuss what could happen if the prices of silver and gold explode and go up. Despite the potential for steep price increases, we'll explore why these precious metals are still expected to be in high demand, and why people will continue to pay good money for them.

First, it's essential to understand that silver and gold have been highly valued throughout history. They've been used as currency, jewelry, and investment assets for centuries, and this is unlikely to change anytime soon.

One of the main reasons for this is the perception of these metals as a safe-haven asset. During times of economic uncertainty or market volatility, investors often flock to silver and gold as a way to protect their wealth. This is because these metals have traditionally held their value, even when other asset classes, such as stocks or real estate, have faltered.

Another reason for the continued demand for silver and gold is their industrial uses. As we discussed in our previous video, silver is a crucial component in a variety of industries, including electronics, automotive, and medical equipment. Gold, too, has important industrial applications, particularly in the technology sector, where it's used in the production of circuit boards and other electronic components.

Finally, we should also consider the cultural and historical significance of these metals. They've been used as adornments and symbols of wealth and power for thousands of years, and this cultural value is unlikely to disappear.

So, even if the prices of silver and gold were to explode and go up, it's unlikely that demand for these metals would evaporate. Whether as a store of value, an industrial input, or a cultural artifact, silver and gold are likely to remain highly prized for generations to come.

This video was conducted on behalf of FE Battery Metals Corp, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: https://portal.goldstandardir.com/dis...

If you would like to support my channel please check out our shop page for all our hand poured silver.

https://backyardbullion.com/product-c...

Join the channel and show your support by becoming a BYB Rambling society member today!
https://www.youtube.com/backyardbulli...

If you would like to support our channel please consider purchasing our T-shirts please visit this link:
https://teespring.com/en-GB/new-byb-h...

or have a look at our website:
https://backyardbullion.com/product-c...

Stay safe, stay healthy all.

Thanks also to the channel sponsor The Silver Forum!
http://thesilverforum.com/

A 4k Camera & close ups of coins! What more can you want!?

What do you think? Comment below!

Comments welcome below or email me at [email protected]

Follow me on Instagram: @ BackyardBullion

This video was conducted on behalf of Uranium Royalty Corp, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: https://portal.goldstandardir.com/dis...
www.instagram.com/backyardbullion

Thanks for watching and I will see you next time!

Topics covered in this video:
fednow, fednow system, fednow explained, fednow 2023, fednow app, fednow service 2023, fednow service july, fednow serive launch, fednow service launch date, fednow service cbdc, fednow service crypto, fednow payments, fednow coin, what is the fednow system, what is fednow. cbdc, us cbdc, cbdc launch, cbdc fednow, fednow and a new cbdc, usa cbdc launch, buy gold, buy silver, gold and silver, invest in gold, invest in silver, silver stacking, fednow starting, fed now

show more

Share/Embed