The Mainstream Funds & Media Are Starting To Focus On Silver (Uncut) 02-18-2025

keep an eye on Silver as it starts to pick up versus gold the ratio between the two is historically low leaving silver looking very cheap with plenty of potential upside welcome to the morning markets and medals with Vince Lany where each morning Vince brings you the financial and precious metals news to get you ready for your day and now here’s Vince good morning hope everyone had a good holiday I’m Vince Lancy and this is the market rundown we will not be talking about gold today we will be talking about

silver so let’s start with the markets a 10-year yield is 451 up almost four basis points the dxy representing the dollar is 10696 below my level but bouncing up 22 is S&P 500 to 6137 up 10 the vix is550 up 12 gold is 2915 after being up on Monday us markets were closed so we’ve retraced almost half of that wash out which is encouraging up 15 in in I happen to be short so I’m not making money that’s not very good but we’ll figure that out silver is 3245 up 11 so not bouncing as much copper is 457

unchanged WTI is 7157 down 17 n gas is 372 unchanged bid Bitcoin is 96 155 390 up 395 Palladium is 975 uh up buck and platinum is 984 up four bucks gold silver below 92 which was I think where it peaked last but holding its own even though silver got slammed off the highs right so soy is 1035 down one corn is 494 up two and wheat is 608 down four okay there’s the homepage we put up a bunch of content and we’re going to go through that content very quickly with you right at the stop at the top here uh over the

last four days we put out probably 10 stories all of them gold and silver uh related all of them related to topics like uh the London draw down the efp uh the revaluation the news about the revaluation the audit potential there have been a lot of topics all converging on precious metals from different areas for probably for a reason but here’s the uh here the here are some of the stories that we put on it so the first one is how a US Gold revaluation could trigger a global Metals boom uh that is a guest

post that we did for Scottdale medals um there’s a lot of Premium content in there we would suggest you go there if you have any interest start there uh there’s a a good summary as well as some uh unpubl facing prior uh Graphics from a bullion Bank must read boa breaks down goldry marking that is a mustre uh as it goes into uh what they think would happen how they think it would happen and why they think there’s a low chance of it happening but that it would be uh incredibly beneficial for our balance

sheet the gold fix gold remonetization or monetization thesis uh describes how gold should be if gold is revalued how those funds should be purposed for paying down the debt and we go into much detail there uh unlock the US is revaluing gold hopefully not like in 1973 that’s a uh contributing editor post that we did for Zero Hedge that went up today uh Bank of America the path to 3500 goes through China and Shores that’s a piece from the 15th uh all these pieces are coming out seemingly unrelated to the London bit

but uh as we’re going to find out they are related to the London bit and there’s the Sunday cftc discussion in which I explained that I thought that the bank of international settlements capped the rally last week which I still think is true however last week was another week of bullan banks covering shorts and I have gone from thinking that bullan Banks because they’ve done it so much over the last month I’ve gone G from thinking that bullion banks are scared uh which is what I want to think right uh to

thinking that bulling bank that when bullion banks are covering that’s not the end anymore it’s possibly the beginning uh meaning what makes a bullan bank cover shorts if they have deeper Pockets well because something else is going on okay uh we’re going to touch on the silver discussion and then go through a couple other things then go back and put more meat on the bone for that all right Simon white is a macro Analyst at Bloomberg one of the better ones in my opinion and he put out a piece on the terminal uh which we’re

not going to show you but we are going to paraphrase and quote it a little bit here keep an eye on Silver as it starts to pick up versus gold the ratio between the two is historically low leaving silver looking very cheap with plenty of potential upside quick comment doesn’t sound like something you’d hear coming out of Bloomberg does it Bloomberg macroeconomist Simon white is not buying the T the Tariff narrative as to why the medals are rallying now here’s a quote from that article which was in was

shocking uh uh to hear said and well let’s read it the prevailing reason given for for Gold’s rally is tariffs causing the spread between comx gold I.E paper gold Futures traded in New York and the physical gold price set in London to widen but I think this is a convenient narrative the Legacy and mainstream media and the good guys this is a good guy uh in my opinion are saying what what we’ve been saying Gold’s being repatriated silver being repatriated uh the Tariff is an excuse It’s a pretense it gives coverage for

what is going on I believe is a major repatriation simply put we’re taking our gold and silver back because we want the gold we want the gold you know they want the gold was what I said last year Well we want the gold this year why do we want the gold well we can all speculate about it and certainly we’re going to speculate on it too but I’ll tell you this we want the gold because we need the gold it’s not like we need the IUS anymore so if if Fort Knox was filled with us you know paper I well now

they’re all all in London uh as we’re getting our goal back and I think it’s quite possible we’re buying more um he also raises doubts about London having the metal it says it has and we go put a little more meat on the bone in this broadcast at the bottom next uh markets recap for mag 7 to lag 7 to Sag s that’s something we just came up with there but uh we want to draw your attention uh to the following China’s behavior is methodical they don’t Bluff and they change direction for a reason they’re not tactical here’s what

I mean follow this timeline of events Donald Trump announces Stargate which is a massive massive uh investment into AI infrastructure that benefits hyperscalers and shows our commitment to Growing the AI the data centers and what have you the next day practically uh China uh launches uh a full frontal assault with with their deep seek product and their deep seek product uh uh allegedly was cheaper to make is cheaper to use and shows the Folly of all the money being wasted uh in America on aite Tech

next yesterday or the day before xiin ping has a conversation with Jack ma who was the tech Guru out there and who was someone that was essentially banished to the Wilderness he shakes his hand publicly that’s no light Behavior uh when it comes to Jack ma China is going head-to-head with the US on Tech for various unknown reasons but the effect can be pronounced Michael hartnet for the last month two months or so has been saying that US Stocks us American exceptionalism uh is going to retrace compared to the rest of the

world and uh that’s been a statistical uh analysis data and what have you um however he got very pointed a couple weeks ago when he called the mag 7 potentially the lag S as China’s uh Tech catches up to America’s Tech so the Arbitrage is closing and then you have deep seek uh uh a full frontal assault on the US you have a handshake uh you have various announcements this isn’t just me having an opinion here uh this is Trump imposing more tariffs Alibaba is working with apple in China they’re going to open up their Market to their

own products and it’s going to help Tech crunch uh arm plans to launch its own chip Chinese search engine leader BYU said on Thursday it would make its artificial intelligence chat box free they if you believe American stocks are too high or American Financial assets are too inflated relative to the rest of the world well how do you attack that by showing the rest of the world that you have a less expensive more efficient or equally efficient product and that will ding our Capital markets we’re at war

with China right now uh us private Equity groups have invested billions of dollars in data centers serving Tik Tock owner bike bite dance just be careful of the American Stock Market if you’re an arbitrager you’re buying Chinese stocks and you’re selling American stocks at the mag 7 Level uh if you’re just an investor just keep an eye on that okay moving to the uh a little bit more meat on the silver story Bloomberg anal says keep an eye on Silver as it gains ground against gold according to Simon white of Bloomberg the gold silver

ratio sits near historically the levels making silver look undervalued with room for substantial upside I’m not quoting these are paraphrases uh interesting that he would say that because that’s something you would see Michael Oliver say uh and while Simon white is not technically ignorant he’s certainly not a technician by trade history backs this up he goes to through some things uh that we’re quite familiar with we want to remind everyone of that if you’re not remembering it gold explosive rallies in

the late ’70s and during the GRE during the grexit I call it the grexit uh were notable meaning 2011 uh but silver outpace gold both those times in 1979 the hump Brothers attempt to Corner the silver market drove prices more than fivefold I’m paraphrasing him we all know that but maybe his audience doesn’t right now Gold’s post elction surge is widely pinning pinned on tariff concerns The Narrative focuses on the spread this is us talking winding between comx gold Futures in New York and physical gold priced in London well

that’s the convenient explanation but the deeper cause is likely tighter physical Supply in London after years of Emerging Market Central Bank accumulation Emerging Market Central back accumulation the bricks in the Em are buying not just gold they’re buying silver for Central Bank accumulation they’re not announcing it Russia has but I think India is for sure there’s him speaking again uh let me just say that again the prevailing reason given for Gold’s rally is tariffs the pretense if you will

causing the spread between comx gold and the physical gold price set in London to Wi it but I think this is a convenient narrative the remote cause is more likely to be a shortage of deliverable physical metal in London after years of Emerging Market Central Bank boarding silver is reflecting similar Supply D Dynamics as gold comx warehouses in the US are filling up while London stocks decline on that note I watched the uh and we we published some commentary on it they dismiss when silver comes up

they dismiss the draw down in silver so for example uh London’s gold stocks were drawn down by I think like one and a half percent when they were talking uh but silver was drawn down seven or eight% and as is their way they dismiss it they dismiss it by saying it’s industrial it’s not Central Bank you know it’s out there we can find it and you know I can just rebut the out of that uh but just to keep it simple 8% is more than 1% right okay all the central banks in the G7 keep their gold in Europe so the Gold’s

there even if they’re not making it available 8% is more than 1% all the silver they need is not there because Western central banks don’t have it anymore eastern central banks have it and Industry is going to struggle and silver is going to get squeezed because of that that’s my opinion slow motion squeeze he finishes by noting that silver often lags Gold’s initial rally but once it catches up it will run harder and faster an asset that crashes to party late but then dominates the room and Analysis he uses an analogy

saying gold is Scooby-Doo and silver is Scrappy do I get it Simon if you’re watching this I get it but please remember that Scrappy Doo is when Scooby jump the shark we we don’t like that I don’t like that analogy maybe others do uh but uh we understand the spirit that it was coming in moving on uh fed minutes PMI and housing This Week final Market check let’s go to that all right so gold is up 18 now I shouldn’t be short right being clever okay let’s let’s start with gold I do have the analysis uh

here all right for various reasons simply speaking above 2907 uh you’re no longer looking at this area you’re in this Rari arog again now I know that we could have a lot of selling between here and here and this is a lower double top and technically you should be looking to possibly still sell rallies as long as they fail below here I don’t like that anymore I was liking selling rallies that failed below here so if this is a bare rally I I I can’t see it uh meaning a a bare flag forming I can’t see it one thing I can’t see is

that is that the big drops like always are slams for gold like always are slams post events but that damn vshape is back vshape vshape vshape vshape okay look I understood the v-shapes going into the election right right v v i talk about measur moves the V the V you know you get slammed and fine you get slammed multiple days that’s fine but but when you turn you don’t turn and go sideways for a week you turn and you start to move you reverse Direction you reverse Trend right all right and then that and

then this happened you know you dropped you went sideways and then you dropped then you went sideways and then you dropped and I went okay it’s over Gold’s over no no more this v-shaped and then it happens and I’m like you know pleasantly surprised and then it happens then we have this weird thing here this kind of Bart Simpson looking thing another V right now you just have non-stop buying and now you have another V you have little V within the anyway uh the point is um the point is the buying ain’t going away and the

central banks are still buying and they’re buying at higher prices and well Goldman just announced that uh China bought over a 100 tons physical in December they didn’t buy it here they bought it here and they bought it here and they bought it here they’ve been buying they’re buying as it rallies so they’re no longer waiting for the dip to come to them they’re slowly methodically buying it and you can see that in the chart there I said we wouldn’t talk about gold today I apologize silver obviously you know

people like to talk about silver being sold or slammed into manipulation maybe it was how about this how about how about we don’t care if Silver’s rallying because we have a ton of gold to sell the Tactical maneuver and so you buy five silver to get it up 50 cents and so you can sell 500 gold and then when you’re done selling your gold you sell some silver and silver drops out so uh when these happen uh just look at it as someone’s unwinding a gold silver spread or look at it as manipulation or look at

as both however you want to look at it uh but uh one thing I will say is the the market uh these long Wicks uh They Don’t Really last long anymore we’re back on the trend there’s nothing wrong with this Market it just really really looks good here we are again right this is the area that everyone was looking at as a congestion area and there we are above it again quietly and calmly and without Fanfare we’re above that level again I’m Vince have a great day well thanks for watching this morning’s

markets and medals with Vince Lancy we sure appreciate you tuning in and starting your day with us here hope you enjoyed the show and we’ll see you again tomorrow please note that this video is not intended as legal licensed Financial trading advice and is to be used for informational purposes only please contact your financial adviser before making any decisions and thanks for watching [Music]