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Win 500 Silver Eagle Coins! Enter here: https://SDBullion.com/sweepstakes SUBSCRIBE to Our Channel: https://www.youtube.com/c/sdbullion?sub_confirmation=1 2023 is here, and market action got underway this week. Today we will look at how silver and gold have started the year and, most importantly, where they are likely headed based on current respective valuations versus historical precedence. For example, the US stock market is still historically overvalued based on a range of long-term data sets. Wall Street Legend Burton Malkiel hurt stock market bulls’ ears today by stating the following on CNBC. Wall Street Legend Burton Malkiel says returns over the next decade will likely be 5 to 6% – https://youtu.be/WWjktAxMGJs Yankee Stacking visits SD Bullion https://youtu.be/6YjbC5LkjkU Digital EURO #CBDC progress report: “a realization phase, scheduled for autumn 2023” https://www.ecb.europa.eu/paym/digital_euro/investigation/governance/shared/files/ecb.degov221221_Progress.en.pdf?f91e0b8ff8cbd6654d7e6b071a8f7071 The CAPE Ratio he cited is still at historically high levels, and 5 to 6% returns over the next decade are likely to underperform real price inflation by more than half as the fiat Federal Reserve note is poised to go into a secular bear market as commodity values melt higher versus paper assets and bubble real estate valuations. One of the best precious commodities to use in judging long-term valuations is gold bullion. This is an over 100-year chart illustrating the S&P 500 stock index divided by the spot price of gold. Similar to the prior CAPE ratio chart, since 1990, we have only seen brief dips below historic overvaluation levels. The S&P 500 closed today under 3,900, valued at just over two ounces of spot-priced gold. When I look at this chart, given the fundamentals of markets and historic debt and unfunded promise pile coming due in the decades unfolding. My intermediate long-term target is returning to the 2011 low seen by the yellow line on the chart in the video. How much further it might fall beyond that is a question no one can intelligently guess, at least not yet. Silver bullion stackers increasingly seem confident they have placed the right long-term bet owning silver, especially considering the monumental drain of underlying bullion in the #COMEX over nearly two years running. My Twitter friend @MikeSay98 posted some incredible charts today:
The first of which comparatively lays out just how large the 1,000 oz silver bullion bar withdrawals from the COMEX in 2022, compared on a relative percentage basis over the past 20 years ongoing. Only in 2004 did we see a larger percentage decline in underlying silver bullion in the COMEX versus the last year, 2022. In 2005, silver had a solid gap of +38% in value to follow. Currently, registered or deliverable silver stands at just over 34 million ounces. But last year’s decline in registered silver on a percentage basis was unprecedented gapping down -58%, the largest percentage decline in two decades of data. And finally, to close this week’s SD Bullion Market Update. I wanted to give you all a heads up on a sneak peek video posted a few days ago filmed behind the scenes at SD Bullion’s new state-of-the-art pick-pack facility. The Yankee Stacking channel on YouTube visited SD Bullion last month, and I will leave the link in the comments section below for you to go check it out. Yankee Stacking visits #SDBullion https://youtu.be/6YjbC5LkjkU Our company CEO Tyler Wall will give Yankee and you a tour behind the scenes of our high-volume bullion business. I think many of you will find it fun and worth checking out. As for me, I’ll be here next week, God willing. And, as always, to you out there. Take great care of yourselves and those you love.As a percentage of Registered #silver vault totals, 2022 was by far THE largest year for drawdowns at the Comex. #silversqueeze pic.twitter.com/NtcakxStmu
— Michael 🏳️🌈 #silversqueeze (@mikesay98) January 6, 2023
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Yankee Stacking youtube channel visits SD Bullion’s vaults❤https://youtu.be/6YjbC5LkjkU
James, what about doing 25 individual tube winners instead? Or maybe 15 kilo winners. More possibility of winning might equal more signer uppers.
Thanks for the update SD Bullion. The Yankee Stacking video was AWESOME. Good job 👍
Nice update James! The SD Bullion behind the scenes video is awesome! 😎
Okay 👍
Get rid of silver or gold paper contracts get physical delivery quick people are having trouble getting their physical delivery
Great charts for chart junkies like me.
Thank you SD bullion for a chance to win the monster box happy new year! And a special shout out to Mr James Anderson for making all these wonderful reports, thank you for sharing your vast amount of knowledge and expertise!
could i win as A Canadian!
our lawyer says sorry, no shot outside the USA
Wow 500 coins to the lucky winner.
“Little minds are tamed and subdued by misfortune; but great minds rise above it.” —Washington Irving
Love watching Yankee
Great informational update, love being a stacker 😸🌟🌟🌟
Thank you for the video. I really enjoyed the other video you did with Yankee. Very impressive.
Yankee’s video was pretty epic. I can’t wait to see part two of the look inside the ball bearing factory! 🤣
I just wish SD bullion didint say out of stock on everything
I don’t need a visual reminder of how little of precious metals that I have. That’s worse than being turned down as a kid at the candy store.
Big Game James, you continue to be the ‘gold’ standard in precious metals content. Your depth of knowledge & presentation style is the standard. God Speed & Happy New Year!
Seems like nobody takes into account that the dollar has a mandate to reduce the value of the dollar at a rate of 1.5% of value every year!
When I made an accounting of the value of silver, from over 50 years up to now, I discovered that the average denomination from the start to now, on a monthly basis, the average over 50 years, value of silver is $19.23. When taking into account that the Us Dollar is decreased 1.5% yearly, the silver dollar valued at the Silver mandate value is shrinking by 1.5% annually and not at all making progress.
If the value of the dollar decreases by1.5% annually, WTF? There is no matrix to describe the annually loss of 1.5% Yearly value.