$50 Silver Target, 500mn Ounce Deficit - Watch This Trend! | Chen Lin
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- Опубліковано 29 чер 2024
- Chen Lin shares his latest forecast for silver and copper with us. We love chatting with Chen as he has very deep insights into Chinese market dynamics and how they are effecting the commodities. He calls for $50 silver by June and suggests a huge silver deficit, if the AI trend persists. Microsoft alone is investing over $10 billion (!) into solar.
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Guest: Chen Lin
Company: ChenPicks.com
🌎 chenpicks.com
Recording date: May 27th, 2024
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Chapters & Timestamps (AI Generated):
00:00 Intro
00:40 China's Housing Market Struggles
02:00 Government Interventions and Property Purchases
04:00 Copper Demand Surge in China
06:30 Investment Strategy Shift in March
09:00 Silver Market Potential
12:00 Decreasing Costs of Solar Panels
15:00 US Power Shortages and Renewable Energy
18:00 Microsoft's Solar Panel Investment
21:00 Future Predictions for Copper and Silver Prices
24:00 Strategic Investments in Copper and Silver Producers
27:00 Economic Trends and Market Analysis
30:00 Conclusion and Final Thoughts
33:00 Outro
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Chen is really plugged in to metal markets.
Thanks, for bringing in Mr. Chen Lin, really great to hear some other and unknown views on the chinese economie.
Please bring Mr. Chen back. He is a highly valuable source of information from within China.
great guest hope to hear alot from him in the future
Physical silver still affordable. Get some!
silver run is near
Awww.....you fell for this infomercial.
@@thomasjensen6243 Are you another bitter silver stacker whose bitter?
@futureoutfit no, I'm a bitter silver stacker who is not bitter.
Excellent information. A new perspective is great but clean data is a rare treasure.
Pls bring Chen more often
Very insightful discussion. Great show and Chen is a delight to follow.
Thanks for the kind words… appreciate you tuning in
I love hearing from smart people. Bring him back as a regular.
Great job from beginning to end.Very informative
Glad you liked it
Great stuff, thanks again!
Thanks for watching 🙏
I love Chen LIn! Thank you both
Ty Kai. Regards and ty to Chen ;)
Chen is AWESOME. Thanks Kai
Great video! Both the interviewer and interviewee, with his insights into China. Thank you
Delightful conversation. Riveting perspectives.
$50 by June? That didn’t age well.
Always great content Kai
Not sure if it’s a good idea for silver to shoot up to 50…, not good bc then it will melt down again.
I much rather silver to have consistent growth health growth …,
guessing you wanna take back that June prediction for $50 silver huh ? :)
Go CHEN!
Good info!
Excellent news thanks Kai
Great info. Thanks
Thanks Gentleman
Thank you Chen- Just posted to my X-
Thanks Kai and Chen. The way I see it, $30 silver is only nominal not inflation adjusted. Which means that its still cheapppp. And if they beat the price down at least you still can cry while admiring its beauty in your hand.
I love Chen Lin's energy!!! No pun intended. I also suspect his premise(s) are correct
June is almost over
This guy has never had a losing trade...
silver is down 3 bucks since he said it was gonna rise 20 bucks within a month. LOL that's a losing trade little fella 😂🤣 Maff is hard mmmkay!
Chen Lin ❤️
Like it very much
Chen Lin understands what is going on in China. That is a new perspective among analysts.
Who is this guy Chen? Whats his credentials.
Copper like silver is needed for war production.
Well it’s June ?
Chen is a genius.
it's June.JUST ABOUT $30
silver and gold
Copper & Tin😅
@@user-to5zq5os1j Platinum & Uranium
Let’s see this happen. Lots of clatter but no results. This has been going on for three years now. So old.
Okay, solar panel costs down...yet available sun for production is still limited to areas in the country
Really enjoyed Chen’s perspective. Data driven with numbers we may not be hearing in the west. Good or bad, right or wrong, the more data we have the better we can make decisions.
Hoping to hear more from him in the future 👍🏼
This guy has savvy.. based on facts. Pleasure listening to this site
Road to Roota guys says about it and Miles Franklin CEO as well.
SMRs will disrupt a bit of solar demand, but not soon enough to prevent this bull run.
This aged really well. I mean, no... whats the opposite of well? Poorly. This aged poorly.
.
Nobody talk about platinum ,!!
So a $20 move over the next 3 trading days?
30 days in May. Don’t go away
Can someone send me the link to when chen is debating metals focus group?
what about the investment increase how much will that effect inventory?
Great interview. Crypto col
what about tin?
are we sure he understands COT correctly?
This aged well...😂
Will copper be used instead of silver when silver is too expensive?
Great video! However I found a fault at 9 min. You talked about copper and not silver
If all the SMP companies will start using solar panels using up lots more silver they will either crush the prices back down or they have it in their under grounds bunkers.
Brilliant 😊
Is he registered as a foreign agent? How does bitcoin offset it's costs to the benefit of the real economy? Driving up electricity costs for everyone to support a make believe market for speculators?
June of what year?
LOL well it can't be this year. LOL it's june and the price is 29 bucks!
Good work Kai 👍
Glad you enjoyed it
Junes almost over, so is the goal post moving to July for 50.00/oz?
Looks like I forgot to add the year 😜
Thank you for telling real numbers, not silver institute numbers
Next 3 days.. wow
lol prediction failed. instead of 50 silver by june we have 29 silver
@@tokertalk9648 epic, isnt it? Totally not unexpected
Why is nobody talking about the war industry using Silver, when one rocket uses 300 oz of silver?
War industry is by far #1 user of silver while solar is a very distant #3.
That's the tomahawk missle and it's 500 ounces of silver.
Silver is the life blood of war.
Because no one reports those numbers. Hidden from the public
Because it's classified
A little Chen Music.
It's June, where's my $50 silver???
lol its down bigly since his horrible prediction
Correct , 15 ounces per tomahawk type missile
Andy scheckman said 16 kilos in a tomahawk missile
@@johnwood5473
That kind of heavyweight missile ain't gonna fly. 🤣
@@johnwood5473 … Yep Americans and the metric system don’t work well together - Look at what happened to the Hubble telescope and they were engineers
Robert Kiosaky said one tomahawk missile uses 6-8 pounds of silver, never to be recovered again.
500oz per missile, do you people know how big a tomahawk missile is? It's not a bazooka lol...
You have four days left in your prediction and we're at $29😢
This is the last trading day in june! His prediction has already failed unless silver rises 21 bucks today lol
@@tokertalk9648 I would hold it against him if he was the only person who is wrong on the internet there's so many predictors release TVs within a believable range
4 days left
His prediction has failed miserably. I bet this charlatan was selling paper silver into his horrible price prediction!
If it hits 50 that will be start of a new much higher cycle
Very good speaker, get more fact based, in the know speakers
best ways to buy silver, copper and gold?
I'm a pretty new stacker. I buy through SD bullion, they've been good imo. Local coin shop might be a good place to start tho too.
18$ by june end
That's actually more realistic than 50 by june end
It is June .
Yeah he's a charlatan. Lets see if he disappears for months now to hide from criticism of his blatant pump!
Bring Chen Linn Back Please ~ he's a Very Smart PM Pro with New & More Accurate Data. Why does it seem that we need to go outside the US to find Truth in so Many areas? . How could we get to see his Whole Slide Presentation?..
It's a real Gem...
Remember they select who you think you elect.
why you titel is not about china and cooper, talkoing about them?
Do you think there will be a pull back on silver before it goes to $50?
$28-$30
@@cardoggcr just saw it dipped below 30 for a hot minute
@@anthonyrude yeah down quite a bit today, expecting to see $28.5 then a good 3rd wave run
Er..its June
By June? It’s a ball prediction.
LOL and a failed prediction. It just keeps tanking
"Microsoft to use Solar to power AI"
Alternative: Theta Network currently over 10,000 nodes - power needs distributed amongst thousands of individuals spread across different power grids.
Partnerships with Theta for AI, Gaming & Video streaming applications is a logical progression in sustainability.
Theta Coin & Theta Fuel... NGU
Chen Lin sounds like an Asian Tone Vays
Who's going to buy it at that price just wondering idk
Don't forget that one of largest copper mines is closed down by the Panamanian government
Silver 🥈 miners still lagging tremendous @$$ this is all being led by the east...west NYSE/TSX still anemic AF...too busy buying nvidia
I'm gonna let you in on a little secret........it's already June....😅
June just started he means by end june
@@leonard9688 LOL at this rate it's gonna be 20 bucks by the end of june lol. These paid pumpers are so relentless with their garbage predictions yet incredibly stupid people keep falling for these blatantly obvious pumps!
did Chen mention Trafigura as a buyer or seller of Copper when discussing the COT graph data ?
Just bought 400 ounces of silver
Definitely in the top 10 of all interviews you've done so far. TBF tho, maybe a little confirmation bias going on. Thanks for all your hard work and getting great guests.
I appreciate that! Thanks for tuning in
Kai you are way off dude, go jeffie, Chen is 100%!
Chyna will still your money
😅😅...
Wish I had a nickel for every outlandish prediction made about gold and silver.
Just wish Mr Lin would show a little more enthusiasm. Lol
I bet 1000 oz that silver will not see new ATH in June
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still
believe in God
Not
CON ARTIST ALERT😂😂😂😂
CON ARTIST ALERT.😂😂😂
I wonder if this video can be shortened to five minutes. Not many people have so much time for an unknown video.
When silver hits $1,000 per Oz I'll be happy.
500mn oz deficit ??
The world silver production is approx 800m Oz of silver each year. This year alone will need 1.3bln Oz silver because of solar panels and EV products. That's the 500m deficit.
Change Chang crumb