FEDERAL RESERVE KEEPS RATES, SPARKING LOWER SILVER PRICES, THE GIFT OF CHEAP SILVER! WILL IT LAST?

[00:00:02]Good morning, YouTubers. T-Square with T-Square Talk. Hope everybody's having a great day. Got a great video planned out for you guys today. I want to talk a little bit about gold and silver. I want to talk a little bit about the Fed meeting that happened yesterday, and some people might be upset what happened. Some people might be happy about what happened. I guess it really all depends uh where you're at in your stacking journey. Um if you were ready to see the prices skyrocket, that is definitely not what we saw happen yesterday. Uh we did get our first words out of Kevin Walsh, the new uh Fed chairman, uh relieving Jerome Powell. And a lot of people had a lot of different expectations on what would come out of that meeting, with most people saying we'd probably see a rate hike. Uh we did not see that. Here on the channel, we said, "I don't believe that we would see a rate hike." I did not think that was even a possibility.

[00:00:56]Uh we've talked about why that is, uh but they did put out uh a good gift, I believe, to us, in my personal opinion.

[00:01:03]Uh they put out the fact that um there's not a rate hike right off.

[00:01:08]They put out that they're it's expecting to be, by the way it sounded, uh expecting to be rate hikes later in the year, uh which does cause panic. It causes panic in the stock market. It causes a little bit of a a sell-off, um but not anything that I am super worried about, because ultimately, we talk about this all the time on the channel, how they cannot afford a rate hike. I want you to essentially envision um you owe a bunch of money on a credit card. And, you know, do you really want to see a rate hike? Well, no, you don't.

[00:01:45]Why? Because if they give a rate hike, it means you got to spend more money, and it does strengthen the dollar. That is one thing that is good about a rate hike. However, uh they can't afford to pay the interest now.

[00:01:58]It really is a juggling act to protect the dollar because some people will say, "Well, it's it's good because if they don't give if they do give a rate hike, then that will strengthen the dollar and essentially make the longevity of the dollar last even longer."

[00:02:19]But, on the flip side, it also means we have to pay a higher interest rate and with the possibility of us not being able to pay the interest now that we owe, um, it kind of only leads to one thing. Well, how are they going to pay if they're not going to default? Well, they're just going to print more money and that's where I think we're going to go. We're going to talk a little bit about that in today's video. If you enjoyed today's video, please take a quick minute, hit that thumbs up button for me, leave me a comment, let me know your thoughts, and hit that thumbs up and subscribe if you're not subscribed.

[00:02:52]Okay, so yeah, like I said, no rate hike, uh, but there is talk of another rate hike. However, we have heard and seen the same story play out over and over and over again where they talk a good game.

[00:03:08]Um, it it really doesn't matter who it is, whether it's the Federal Reserve, whether it's the Department of Health, whether it's Homeland Security, it can be pretty much anything. Uh, we hear the stories over and over and the same it's same thing.

[00:03:25]It's just the same thing. It's just stories. Um, doesn't really matter what it is. If you're talking about inflation, "Oh, inflation is transitory." or "Inflation doesn't exist." or whatever the case may be, we know ultimately that how big the financial debt is that the United States has and that it can't be paid. It just can't be paid. And ultimately, all they can do is just continue to let the debt get out of control, continue to print more money, and eventually it does get defaulted or inflated away. And so, you know, a lot of us believe, well, let's take advantage of knowing what is going to happen. I kind of get a kick out of that. I started saying that sentence and I instantly uh thought about this uh new app, I guess you can call it, where people bet on what's going to happen in the markets, what's going to happen in the world, the weather, it doesn't matter. I'm I'm not going to say the name cuz I I don't want to be advertising for an app, but I got a kick out of it um only because, you know, some of the things are like, oh, well, I don't have to buy Bitcoin. I can just bet on the price of Bitcoin going up and I can make money.

[00:04:42]I mean, here's the thing.

[00:04:43]You can do that with just about anything. You can bet on the price that silver will go up. If it goes up, you win your bet. If the price goes down, you lose your bet. And, you know, whatever you bet on in this app you happens, but it doesn't change the fact of owning actual physical silver or physical gold or physical Bitcoin or whatever the case may be.

[00:05:11]Um there was just kind of something funny that I I lately found. It's just basically a way to gamble on something.

[00:05:19]Um so, getting back to it though, about gold and silver. So, what did we actually gain today?

[00:05:25]Well, we didn't see the price skyrocket, which is good. We seen them continue to put out the same old rhetoric that we will see higher interest rates later in the year. And so, it does make people wonder, well, if interest rates do go up, what will happen to gold and silver.

[00:05:47]Naturally, some people believe that if interest rates go up, then people are going to want to put all their money into buying US Treasuries, they'll get a higher interest rate, and they're not going to want to invest in gold and silver.

[00:06:01]To a certain point, I will say yes, that is going to have a really big effect on gold and a maybe a little bit of effect on silver.

[00:06:10]However, a lot of you know a small portion of the silver inventory actually goes to people investing in it.

[00:06:20]A large portion of the silver inventory and the price of silver goes to the need for it.

[00:06:27]Well, what else is going to be happening over the next year? We're going to continue to see technology get better and better. We're going to need more silver. I was actually talking to someone a naysayer yesterday about silver, and he said, "Hey, you got to understand, though, they're looking right now, someone out there is looking for alternatives in gold and in silver.

[00:06:48]And to a certain point, yes, I do believe there are people looking for ways to get more gold, to get more silver, but does it really change the fact that the thermodynamic properties for gold and silver?

[00:07:03]Um essentially, there's there's not anything else out there.

[00:07:09]So, we'll continue to see, most likely, it essentially continue to be more in demand. We'll see it continue to go up.

[00:07:17]I was talking to one of my friends yesterday, and he said, "You know, I really think if silver can go up to 100, what's stopping it from going to three?

[00:07:28]And if it can go to three, what's stopping it going to five?" And the truth of the matter is, in my personal opinion, there is nothing stopping it going higher and higher and higher and higher. The only thing is, obviously, the demand.

[00:07:44]Um it takes time to continue to go up and up and up. Nothing goes up in a straight line forever. When stuff gets to a certain point, there will be people that will sell.

[00:07:54]And there will be entities out there that are going to try to purchase as much of this as they can. They don't want the price to go up constantly. They want to continue to capture as much of that silver in their custody as they can in the meantime of the price inching up higher and higher.

[00:08:17]So, that's why we see these up and down swings, these huge volatilities in the market. And remember, there's a lot of paper traders out there. Paper does not build the technology that they end up wanting to build. And so, understanding that, you understand that gold and silver will probably realistically continue to go higher and higher and higher. And hopefully, you're taking the time that we have right now, the gift of them putting this out there, this information out there to make people think that, yeah, you know, the dollar is going to be on top of its game.

[00:08:54]Prices, you know, prices may escalate, but on the flip side, they're going to make the dollar even stronger. And I'm not convinced that they really have much options. So, we'll see what happens and how that plays out.

[00:09:07]Am I going to run out today or tomorrow and buy a bunch of silver? No. I'm still looking for the deals. I'm looking for the dips. Um there are deals out there.

[00:09:17]I mean, think about it. Just yesterday, we seen silver get down to what, 66, I think it got down to. Now, at the time of filming this video, we're back up to almost 70. It wasn't even a week ago that we were down to 62.

[00:09:32]Um none of these prices really matter to me.

[00:09:36]What I'm looking at is the long-term approach for silver and gold. I'm not just going to say silver. I will say I think silver has a brighter future than gold in terms of percentages, but as a whole, I'm not worried about it. I'm just going to keep stacking what I can when I can. So, I thank you all for watching, commenting. I will see you again on T-Square Talk. Hopefully, you hit that thumbs up button and I hope you all have a great Thursday. Take care everybody. Have a good one and I'll see you again tomorrow on T-Square Talk.

[00:10:08]Take care everybody. Bye-bye.