In this video, we explore the current trend of FOMO or fear of missing out in the silver market and how it could lead to explosive price increases. We discuss how coin dealers are reporting increasing difficulty in sourcing silver products, particularly 90% or junk silver, which is becoming almost impossible to find. The premiums being charged for silver are also astronomical, signaling a high level of demand in the market.
Despite this, the number of people purchasing silver and gold remains limited. However, we explore the potential impact of a flood of new people coming into the market, which could lead to amazing returns.
We examine how this FOMO-driven trend could impact the silver industry, and what investors should be aware of before jumping into the market. Whether you're a seasoned investor or new to the world of precious metals, this video provides valuable insights into the silver market's current state and what the future could hold. Don't miss out on this opportunity to learn more about the potential benefits and risks of investing in silver.
FIRST MINING GOLD (additional information):
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Paid Promotion Disclosure: RONS BASEMENT YouTube channel is sponsored by First Mining Gold. Any information shared in this video should not be construed as investment advice or a recommendation to buy or sell the company stock (informational purposes only). Ron does own a significant number of First Mining Gold shares, which were purchased years before the commencement of this sponsorship arrangement.
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