Silver could be $60/oz now but not $1,000/oz says Kerry Lutz of the Financial Survival Network. Kerry discusses silver in light of recent WallStreetBets Reddit group’s attempted #SilverSqueeze. He also shares how hedge funds probably functioned on both sides of the squeeze attempt as it was not purely a David vs. Goliath event. Kerry provides a reasonable argument for why silver could legitimately be priced at $60/oz today. Finally, he offers the reminder that silver is ultimately a financial insurance policy but it could also yield major riches.
0:00 Introduction
1:14 Hedge funds’ role in the WallStreetBets’ organized short squeezes
7:57 #SilverSqueeze commentary
9:32 Silver price manipulation commentary
12:24 Silver price commentary
17:13 Millennials awakened to #silver last week
18:23 Silver insurance policy that could yield major riches
Kerry’s website: http://www.financialsurvivalnetwork.com/
Sponsor: https://silverone.com/
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