The Phaserl


SILVER JUST TOOK OUT $20: “We are at a flashpoint in history” — Andy Hoffman


Silver just took out $20 in Sunday night Globex trading, but that’s not all, silver briefly pierced $21 Sunday night before settling back to the mid $20’s. Andy Hoffman from Miles Franklin joins me for a Sunday update and warns, “We are at a flashpoint in history… there is literally a tiny, tiny window left for people to protect themselves before all hell breaks loose.”

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62 comments to SILVER JUST TOOK OUT $20: “We are at a flashpoint in history” — Andy Hoffman

  • Fraser

    Hang on Andy, this is hyperbole. By breaching $20, silver is still only 30% off its low and still 60% down from its high. Do we have a quintuple flashpoint when it takes out $100? Or does it gap from $20 to the infinite and Miles Franklin closes its door? Many will take profits or want their money back on previous purchases, so while this is probably the rally you should not sell, there will still be selling all the way up.

    • Eric

      The low was just under $14. Silver is up 48% from the low. Not 30%.

      I wouldn’t expect lots of selling. Silver is money. You don’t sell money. You spend it, save it, or exchange it.

      I’m expecting more buyers than sellers as the momentum continues.

      • mike

        Eric there is tons of selling going on now..How do you think junk silver and all other pre 2015/16 semi numismatics are in abundant supply..? People selling them. There is no fundamentals behind this move other than the brexit fears which will soon subside. There is far too much physical supply out there, endless amount and more mined everyday, as much as the market demands. The fundamentals demand a lower price so this move is simply a flash in the pan not a permanent move. Silver is not money, dollars and BTC are money. Silver is an ancient illusion of money. Silver does not have the properties to serve as money in a modern world…Unless you think we are going back in time? Money is what the market says it is and today that translates into something that is truly divisible and can be easily spent all over the world in real time. Pms are not a threat to the dollar paradigm, total bs. I hope this move goes to 25$ that would be sweet and I could dump a lot of physical onto the market and make some $$$..Where on gods green earth can you spend silver?

        • KRELL427

          Mike you live on another planet. Please stop posting your bull crap.

        • hal

          Careful guys and gals, if we hit $25 then mike is going to dump a lot of his physical silver that he thinks is an ancient illusion of money, yet still holds, onto the market. This might drive prices back down to $15.

        • d

          @ mike

          with YOUR thought process…about PM’s..are you also going to vote for Hillary….seems to me , you are misinformed and draw your conclusions from that information…which by the way are not for your betterment…..imho

        • Eric

          mike, please enlighten us to the current status of the CFTC Commitment of Traders report and explain the difference between the non-commercial and commercial long and short contracts standing for delivery.

          Go back to first grade commodity investing and then get back to us.

        • glitter 1

          “Where on gods green earth can you spend silver?”

          Where on GOD’s green Earth can you spend Apple,Google,IBM,Cisco,Netflix et al.

          Just like:”You can’t eat Gold”!Which is one of the most stupid/ignorant statements I’ve ever heard a grown mature man make.

          • Ed_B


            “Just like:”You can’t eat Gold”!Which is one of the most stupid/ignorant statements I’ve ever heard a grown mature man make.”

            Agreed. The sheer idiocy of this comment is such that a rational person usually refuses to comment on it because it is so stupid that we know the person who said it is beyond our reach in reasoned conversation. There are about a million things in life that cannot be eaten, yet have considerable value. Being able to eat something is NOT the only measure of its worth in life.

          • mike

            PMs are money and you use as examples stocks to equate PMS..So they are an investment? That is exactly what I have been saying. PMs are not money, they are simply and asset. If the dollar dies which I see as impossible since it is debt based (More debt the better for the dollar: Default directly translates to massive debt destruction and extremely bullish for the dollar as in deflation) then you will have something to trade for the new money whatever that may be.. PMs will never be money because you can not spend them, asset for sure but not money..The single most important aspect of money, that it spends and is accepted as money…PMs nope BTC, oh yeah!

            • Eric

              Gold is the only sound money.

              Bitcoin is just a worthless digital currency.

              Gold and Silver can be spent just like you can contract with anyone.

              Mike do you know what a contract is? Here I’ll help you out.

              “A contract is a voluntary arrangement between two or more parties that is enforceable at law as a binding legal agreement. Contract is a branch of the law of obligations in jurisdictions of the civil law tradition. A contract arises when the parties agree that there is an agreement.”

              The single most important characteristic of money is that it is a store of value. That’s why only Gold and Silver are money.



            • Eric

              “The single most important aspect of money, that it spends and is accepted as money.”

              Nope. That’s currency. A medium of exchange for goods and services.

              The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability.


              Bitcoin is not durable. Bitcoin is not uniform or widely accepted. Bitcoin is not portable. Bitcoin does not have a long history of being used as money. Bitcoin is not a long term store of value.

              Hey mike, make yourself look like a fool some more. This is fun. 🙂

              • mike

                BTC is all of those things and more. It is durable will last forever, It is portable unlike PMS, it is divisible unlike PMs, It is uniform and is LIMITED in supply totally unlike PMS and it is accepted worldwide totally unlike PMs..You can actually spend it, absolutely unlike PMS..The Funny thing is, that is not the definition of money, what a PM retailer has on their site ah hahaha but still BTC crushes PMS. Man they suckered you. Not to mention it can not be controlled like PMS through bullion banks, regular banks, JP morgue etc etc. It can not be easily taken like your hoard you have in your house. 1 knock on the door and you will be in tears when men come that way out gun you take your PMs.
                PMs ARE NOT MONEY aha hahahahaha. Asset only, Still waiting for some store links where I can spend my PM money? I have, I am sure far more PMs than you that I would love to spend..Just one place, any place to prove pms are money and spendable,,,Hmm why can not I spend my PM money? If you had some BTC you could have gone to AmagiMetals and purchased a whole lot of PM asset with your increasing in purchasing power BTC but your ignorant raving kept people away from and increasing in purchasing power money?? For example, I just bought a really nice printer and some other stuff from Overstock with the BTC ? How is that possible if it is not money, even though that act of purchasing was the very definition of money? I can go on the clear net and find a million stores that take BTC…So wierd. BTC is the stake in the heart of the beast not PMs. What a dolt you are..Eric, the Pied piper of ignorance. Those that follow will end up broke.


                • Eric

                  So in 2140 when all the bitcoins are mined, why would anyone have any incentive to hold bitcoins? I doubt it lasts 2 years let alone “forever.”

                  Yes mike, they suckered me. I am so lost with a huge stack of silver and gold. How will I ever survive? Living in the large metropolis that I do, I see ZERO stores that accept bitcoins. It is obviously not widely accepted.

                  How do you know it cannot be controlled? Why can’t you spend honest money like silver and gold? Probably because you live in a village of idiots who don’t know what real tangible wealth is. Maybe because you don’t know how to communicate with others. Beats me. Why do you assume my precious metals are in my house? I noticed that about you. You assume everything and do almost no thinking for yourself.

                  I hope you enjoy your new printer. Maybe you can print your own paper currency when bitcoin goes to zero. Lots of trust will be flying around in those days. Don’t forget the $50 cartridges of ink you have to buy regularly.

                  The matrix has you. Why don’t you go outside and get some oxygen to your brain? It’s a nice day out. There are probably plenty of stores where you can spend like a little girl. I don’t know if you noticed or not but America has a spending problem.

                • Eric

                  Oh and I have no interest in paying 1% more to purchase precious metals using blipcoins. You can do what you like. Since you love all things digital, I would suggest selling (or spending) any real tangible wealth that you might have, and throwing it all into bitcoin. Since it is as durable as you say, you won’t have anything to complain about.

                  So do what makes you feel good, and then please shut up and be happy since you have nothing valuable to offer to the conversation. There are 2 types of people in this world. Those who hate clowns. And clowns.

                  Bitcoin is a currency for clowns.


                • fonestar

                  Mike I think silver is quite scarce and will do well. There’s sellers right now because nobody understands it yet. But I agree Bitcoin is the most perfect form of money in human history. And Bitcoin will massively outperform silver during and after the collapse.

                • Eric

                  I bet you can’t buy and pay for one of these with bitcoins.

              • Ed_B


                Good list of money attributes but add “store of value” to your list. This is one of the things that differentiates money from currency.

      • Fraser

        Agree Eric, but unless Miles Franklin knows that they (and every other dealer) are about to close their doors and that nobody on the planet will ever sell silver to eat, then I would prefer Andy tone it down a bit and just tell us to keep stacking because the “white shoe boys” are gradually but surely losing control of the market.

        Judging by historical correlations, when PMs get in this mood, the only way to force them back down is to crash everything and create a liquidity squeeze. Another 1987 crash would do the trick nicely. On the other hand, propping up the sharemarket at this point will only increase the rotation out of (expensive) shares into (cheap) PMs. So am expecting some algo-driven volatility soon.

  • Anonymous

    Johann Wolfgang von Goethe
    28 August 1749 – 22 March 1832

    ‘None are more hopelessly enslaved than those who falsely believe they are free’

    If the enslaved are aware of the fact that they are enslaved, the system is practically unsustainable and there are many good examples in history. The enslaved have strong incentive to rise against their slavers and the slavers have to guard them 24/7. There are big expenses for the slavers just to keep the slaves calm and the system has to break sooner or later.

    But if the enslaved believe they are free, they have no reason to rise against the slavers, since they don’t know there are any slavers at all. Thus the slavers don’t have to worry about their safety and all they need to do is to make sure the slaves still think they are free. Such a system is sustainable for eternity. Therefore the people are “more hopelessly enslaved”, because there is no hope to be set free.

    As an example, we can take a dictatorship-like Cuba or Iran-and a democracy-like the USA or Germany. In Cuba, most people are angry and hate Fidel Castro, because they are aware of the fact that they are enslaved. People try to escape from Cuba and there were many attempts to kill Castro. This is clearly unsustainable, the communist government will cease to exist sooner or later.

    In democratic states, on the other hand, people believe they are free. The slavers strengthen this feeling by setting up “elections” (which makes the people believe they can change something), comparing themselves to dictatorships, dragging people’s minds to different problems through media etc. When you look at reality, you can see that democracies have no problem with up keeping the system. Left wing and the right wing come from the same bird.

    • Ed_B

      “Left wing and the right wing come from the same bird.”

      True at the national level. Unfortunately, there are 10s of millions of our fellow citizens who do not understand this and who make many decisions in their life, some of which affect us. This is why the left-right thing still matters and not because there is much difference between them.

      At the state, county, and local levels, however, there are significant differences between the left and right. Just look at cities controlled by leftists for decades, such as Detroit, DC, and Chicago, and what complete s**t-holes they have become. Calif is working overtime on becoming a state-wide example of Detroit and other failed / ruined places. 🙁

  • WillySil

    Silver is almost back to where I brought it during all the hype years ago. Just 4 more dollars. Yes, I’m cynical. I hope it does go up but I’m guessing TPTB will manage to keep it down.

    • Ed_B

      Not for me. The opportunity to buy more at sub $15 an oz. prices meant that we could reduce our cost per oz. via loading up on cheap ounces… which quite a few of us did. Buying 2/3 of one’s stack at that level really brought down the cost per oz. for those who availed themselves of the opportunity.

  • Petedivine

    A great interview. Nice summary of why we need to be in PMs right now. I think the SGE is bringing the manipulation game to its end. Huge demand of physical from China. This morning I read a poster from Hong Kong saying people were lined up at their PM store to buy gold and silver yesterday. SRrocco had a chart up a couple weeks ago showing China’s accumulation of Silver. If I were a resident of China, India, Europe, or the U.K. and I had my life savings in fiat, I’d be panicking into PMs. For the people that can’t buy physical, consider bitgold.

    The Internet information sharing from people like Shawn and Andy changed the game for millions of people. Now the great unwashed myself included can use their gold and silver to Protect themselves from the coming fiat fire. In the past people like me would have been lambs to the slaughter. Thanks for what you guys do.

  • Paco

    This is beautiful 50% up in only 7 months

  • Troy

    It was sure nice to have silver stay at $14 for so long…I was able to buy lots at that price. There is a guy in my area that went “all in” at $14. It’s nice to see $20 silver, but I already miss $14…what a gift that was, thanks Goldman Sachs!

  • Silver Shield

    Great call guys!

  • glitter 1

    Another great and timely interview.Andy is prolific in his analysis,covers allot of information/facts in a short amount of time.Just one point though,how can an individual with such a grasp on the subject matter continually deny that there is not conspiracy/group of people that control the global economy/monetary system.At this stage of the game there are volumes of irrefutable evidence/facts.

    Just a glance at the most recent obvious;

    League of nations

    United Nations

    Royal Institute for International Affairs

    Counsel On Foreign Relations/Paul Warburg:”Warburg was a member of the Council on Foreign Relations. He gained some notice in a February 17, 1950, appearance before the U.S. Senate Committee on Foreign Relations in which he said, “We shall have world government, whether or not we like it. The question is only whether world government will be achieved by consent or by conquest.”




    Committee Of 300

    Trilateral Commission

    Club Of Rome


    and many many more.

    Andy is a very smart/intelligent man,he is not stupid,but he may be “willfully ignorant” refusing to study/acknowledge the evidence/facts or perhaps he is just thick headed,complicit,disingenuous or a little of all the above.I would like to think he is just a bit slow in realizing the truth,but it’s hard to believe so.Come on Andy get with it!

    Lindsey Williams – “There is absolutely/positively a group of men that sit at the top and control the world”.

  • KRELL427

    Keep stacking while we are are still able to do so. I just read this article. “The plan this time is NOT door-to-door confiscation, but simply to SHUT DOWN the best gold and silver dealers the moment the public begins to wake up…”

    • Eric

      Krell, I just ordered nearly a monster box of britannias including some of the 2 oz beasts.

      Just like taking candy from bankers. Except it’s silver.

      • KRELL427

        Nice haul.😀 The 1 kilo RMC bars I collect are now $904 CDN I got them as low as $586 to $623,sure am glad I stacked like crazy the last 2 years. But its still cheap,just have to get use to paying more $.

  • Millicent

    “We are at a flashpoint in history… there is literally a tiny, tiny window left for people to protect themselves before all hell breaks loose.”

  • Gold is a sapling, silver is an acorn. Plant some now for a bountiful harvest in the spring.

  • PAUL


  • CalSailX

    I’ve tried over the past few months to get those I care about at least knowledgeable of what is happening. Oh well… people are what they… Who wants to be “right” seeing where this shit is going?

    • Ed_B

      “Who wants to be “right” seeing where this shit is going?”

      It’s going where it’s going regardless of whether or not we comment and whether or not we are right. Being right does not mean that we are calling for bad times, only that we are aware that they are coming anyway and that we need to do what we can to prepare for them. Would it be better to be wrong and be caught flat-footed by bad events?

  • Kakistocracy

    Destructively Naive and Willfully Ignorant Psychological Children.
    That is what most people are.
    And even some stackers.

    This recent UPTICK in Silver prices (actually the Silver Near Term Futures price, DOES ANYONE EVEN KNOW THAT?) is a Head-Fake.

    We are being setup for a great fall in Silver and Gold.
    This fall will come when the collapse in the capital markets can no longer be held back.

    This will see SILVER below ten bucks, mark my words.
    Nobody in US owns silver (e.g. less than 1%) so no worries from the Iluminati Parasites since they know only a handful of Americans have physical silver.

    SILVER below 10 bucks.
    Mark my words.


    Only when the dust clears will SILVER go astronomical.
    But that won’t be for many months (not years though).

    • Ed_B

      “This will see SILVER below ten bucks, mark my words.”

      From your lips to God’s ears, my friend. I have MUCHO dinero just waiting for $10 an oz. silver and $800 gold. Bring it the f*** on! 😀

    • Hal

      The death of silver sentiment, yet it will go astronomical (which in reality is NOT all that large, but thats beside the point) in a matter of months? Doesnt sound like much of a death to me.

  • Ron

    I wonder why Andy brushes off the Front page pic of the gold dollar in 2018.
    Even saying that the system can’t last that long.
    Missed the point Andy. That is not the collapse. That is the Phoenix rising after the collapse.
    Andy doesn’t seem to want to talk about it.

  • Troy

    If and when silver goes $50, $00, $200, or whatever, I’m selling half my silver and buying land and maybe a 1968 GTO to park beside my 1968 Lemans.

  • brybo1971

    You tube channel called The Money Trail reposting your work with changed graphics and no link back to SGT, thought you should know. Used to be a cameraman and editor so it annoyed me a little, but i guess it gets the word out.

  • fonestar

    So what? Bitcoin “took out” $600. That’s a bigger number than $20 in case I have to explain that too.

  • Millicent

    Silver has taken out $20 again… to the downside.
    The “tiny window” has opened up and of course there will be the touts saying to “keep stacking” at these low prices. The hype is never ending.

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