Chen Lin: Silver's Move to US$50 Will be Quick, How I'm Investing Now

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Published 2024-06-26
Chen Lin of Lin Asset Management shares his outlook for silver, explaining that the white metal could move quickly to the US$50 per ounce level once market participants realize how large the divide between supply and demand really is.

"My point is that once investors see the huge deficit, they truly see the huge deficit in silver, silver will go to US$50 just like that — just in a heartbeat," he said. "So I hope while you're enjoying the summer you don't miss one of the greatest runs of silver."

This interview was filmed on June 20, 2024.

#Investing #Silver #Gold

0:00 - Intro
1:14 - Huge silver demand from solar
6:05 - Is silver's industrial side taking over?
8:07 - Why Chinese investors want silver
12:40 - How quickly can silver hit US$50?
17:44 - Silver futures, stocks and ETFs
22:40 - Gold price and gold miners
27:38 - China's pause in gold buying
32:48 - Summer outlook for silver, gold
34:55 - Outro

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All Comments (21)
  • @BlueWaterSTAX
    Chen's a genius. Thanks for having him on the channel Charlotte. I love this channel 👌
  • @hangfire6368
    Just the motivation I needed to order another tube of maples.
  • @johntynio3416
    Hecla (HL) is probably the best miner to buy for US investors who want leverage to Silver prices if they believe the price will rise! Thanks Charlotte and Investing News!
  • @MrGoofwad
    Chen told us about double sided solar panels months before anyone else
  • @jaykraft9523
    he started rocking in his chair and fidgeting when she asked about June lol. it was a foolish call. if $50 came in the next year that would be amazing enough, no need to make silly calls
  • @klinikat5313
    I hope hedge funds waking up soon, once comex goes long instead of short due to empty vaults 😂 little, by little, by little as Andy Schectman predicts the end of manipulation. Maybe you can bring up this ugly game in one of your shows ? However, thanks Charlotte =)
  • @Lukky_Luke
    arent the warehouses full of solar panels that are unsold, I have hear 1/3 of 2023 years production is in warehouse still
  • @joeyf6133
    Chen serves the best tasting koolaid and I always drink it.
  • $50.00 silver won't make any physical long investor rich... In fact the price is 44+ years out of date and may be more.
  • @bubpori5105
    Demand has been Exceeding Supply for the last 3 yrs with the noble A.G. Prompting A Futures Play its not Gold but its Industrial Side has Been on the Rise to Compliment the Up Tic in Possible Reserves Adding Gold to Silver !.
  • @cjoe1950
    The demand does NOTHING to the spot market price. So much "demand" now just equates to a measly $30 silver now?
  • @HML-it7te
    I wonder what the taxation laws around the world will say if mining companies can pay their shareholders dividends not in cash, but either gold or silver in physical form? I bet they will change any laws if this ever happened. Of course any individual could earn tax free dividends in another way-go gold detecting! Ha, they can’t tax what they don’t know;)