Why Buying Silver, Gold, and Bitcoin Might Be Crazy—But Still Worth It

Name: Am I Buying Gold, Silver & Bitcoin Against the Charts?
Uploaded: 2026-01-06T23:34:55.417568+00:00
Channel: Davinci Jeremie
Description: Summary and key takeaways on Why Buying Silver, Gold, and Bitcoin Might Be Crazy—But Still Worth It, covering Introduction The video host, Da Vinci Jeremy

Davinci Jeremie

Jan 06, 2026

•

3 min read

YouTube video ID: uHKihrzYKPA

Source: YouTube video by Davinci Jeremie — Watch original video

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Introduction

The video host, Da Vinci Jeremy, opens with a tongue‑in‑cheek warning: technical analysis (TA) says buying silver, gold, or Bitcoin right now is "crazy," yet he proceeds to buy anyway. He invites viewers to like, subscribe, and comment for future content on the best monetary assets to preserve wealth.

What Is a "Parking Garage" in Technical Analysis?

Definition: A visual box drawn between recent support and resistance levels where price tends to trade.
How Jeremy Uses It: He plotted parking garages months ago when silver was under $60, and the price stayed within those zones, proving the method’s predictive power.
Practical Steps:
Identify clear support and resistance on a chart.
Draw a rectangle (the "garage") between them.
Watch for price to bounce inside the garage; breakouts may signal trade opportunities.
Tool Recommendation: TradingView (discount link in description).

Current Technical Signals for Silver

EMA Ribbons: Silver is far above the 7‑day EMA on daily, weekly, and monthly charts – a sign of extreme over‑extension.
Bollinger Bands: On the monthly chart, price sits outside the upper band, a rarity that historically precedes sharp corrections.
TA Verdict: "You’re crazy to buy now."

Why Jeremy Still Buys Silver

Systemic Stress: He argues the fiat financial system is a fraud destined to collapse dramatically.
Silver as a Canary: Suppression of silver prices ended after decades of manipulation (Barclays, JP Morgan). Now the market shows a multi‑year deficit of ~95 million ounces projected by 2025.
Supply‑Demand Imbalance:
Physical deficits, high lease rates, and strained London spot vs. futures pricing.
ETFs and ETPs are forced to source silver at a discount, indicating scarcity.
Geopolitical Risks: Production cuts and policy‑driven market distortions could tighten supply further.

Gold’s Situation

Gold has held near its recent highs despite a brief dip on some derivative platforms.
RSI and volume suggest the rally may be over‑extended, but the metal remains a solid hedge.
Jeremy prefers to own gold now rather than risk being locked out when the system collapses.

Bitcoin and Crypto Resilience

Bitcoin: Cannot be frozen like fiat or stablecoins (USDT, USDC). Even if exchanges are shut, decentralized networks keep moving.
Ethereum & Solana: Jeremy outlines a potential breakout for Solana around $144, offering a 4:1 risk‑to‑reward ratio on lower‑timeframe trades.
DeFi: Decentralized finance is presented as the ultimate safeguard against government seizure.

Trade Set‑ups Highlighted

Silver: Use parking‑garage zones for short‑term entries; respect EMA and Bollinger warnings.
Solana: Entry near current price, stop‑loss just below the breakout level, target $144.
Bitcoin: Bull flag formation suggests a possible retest before a move toward the 38.2% Fibonacci extension; Jeremy remains cautious.

Bonuses & Platforms

Links to Bybit, WEX, and FEMX in the description offer up to $30,000 in trading bonuses for new users.

Disclaimer

Jeremy stresses that his commentary is not financial advice. He acknowledges the possibility of being wrong but believes history proves the fiat system’s inevitable demise.

Bottom Line

Even when technical indicators scream “don’t buy,” Jeremy’s macro view—systemic collapse, silver scarcity, gold stability, and crypto’s decentralization—drives his conviction to accumulate these assets now.

The core takeaway is that while technical analysis may label current purchases of silver, gold, and Bitcoin as reckless, a broader view of systemic financial risk, supply shortages, and the uncensorable nature of crypto can justify buying now to safeguard wealth before a potential collapse.

Frequently Asked Questions

Who is Davinci Jeremie on YouTube?

Davinci Jeremie is a YouTube channel that publishes videos on a range of topics. Browse more summaries from this channel below.

Does this page include the full transcript of the video?

Yes, the full transcript for this video is available on this page. Click 'Show transcript' in the sidebar to read it.

What Is a "Parking Garage" in Technical Analysis?

- **Definition**: A visual box drawn between recent support and resistance levels where price tends to trade. - **How Jeremy Uses It**: He plotted parking garages months ago when silver was under $60, and the price stayed within those zones, proving the method’s predictive power. - **Practical Steps**: 1. Identify clear support and resistance on a chart. 2. Draw a rectangle (the "garage") between them. 3. Watch for price to bounce inside the garage; breakouts may signal trade opportunities. - **Tool Recommendation**: TradingView (discount link in description).

Why Jeremy Still Buys Silver

1. **Systemic Stress**: He argues the fiat financial system is a fraud destined to collapse dramatically. 2. **Silver as a Canary**: Suppression of silver prices ended after decades of manipulation (Barclays, JP Morgan). Now the market shows a multi‑year deficit of ~95 million ounces projected by 2025. 3. **Supply‑Demand Imbalance**: - Physical deficits, high lease rates, and strained London spot vs. futures pricing. - ETFs and ETPs are forced to source silver at a discount, indicating scarcity. 4. **Geopolitical Risks**: Production cuts and policy‑driven market distortions could tighten supply further.

Helpful resources related to this video

If you want to practice or explore the concepts discussed in the video, these commonly used tools may help.

Silver Bullion Coins Recommended

Physical silver coins provide tangible exposure to the metal and protect against the documented supply deficit, making them a solid hedge now

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Gold Bars Investment

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Bitcoin Hardware Wallet

A hardware wallet secures Bitcoin and other cryptocurrencies offline, ensuring you retain control even if exchanges are frozen

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Precious Metals Investing Book

This book explains how to allocate gold and silver in a portfolio, helping investors navigate current market deficits and inflation risks

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Links may be affiliate links. We only include resources that are genuinely relevant to the topic.

Summarize another video

Full Transcript YouTube

I'm looking at the technical analysis
about buying gold, silver, and Bitcoin,
and it says, "You crazy to buy here,
but I'm buying anyways." Good morning,
good evening, good afternoon, wherever
you are, whenever you are. Thank you for
watching this video. My name is Da Vinci
Jeremy. I'm in the pipe 5x5 staying
alive here in Dubai. Hope you're doing
well wherever you are, man. Hit the
like, hit the subscribe button if you
are interested in watching me tell you
about the financial system and which
asset, monetary asset is best to save
your wealth in. And you know, there's a
lot of choices of course, right? And I'm
going to be bringing that to you. If
you're interested in watching that, once
again, just hit the subscribe. Also, if
you leave a comment in the comment
section, I will read them and uh maybe
even um add some your comments to the
show. So, make sure you comment in the
comment section so I can uh read through
and decide which comment is best to talk
about in the next show. Okay, that said,
man,
uh I'm looking at the technical analysis
and it says, "You crazy. You crazy."
Right? And
normally I would not buy, you know,
silver, right? Um, just see here if I
can get some out here. I got like
a few of them right here. Just a few
right here. And uh 15 kilos. And uh
yeah, I I'm and I'm thinking
the TA says no. And let me show you.
It's the TA right now. So, if we were to
do short-term trades, right, you you can
see, look at this. I did some um these
are what's called again parking garages,
right? Which I've shown you what parking
garages are. Markets trade within that
range um most of the time. So, you can
see without actually knowing this the
the resistance before it even got here,
I drew these parking garages. Now, I
wish I showed you that beforehand. It's
pretty freaking impressive. This was way
back when I was underneath the $60 U $60
mark. I was right here. I started
drawing the parking garages. I based
them off of last uh support and
resistance and boom, look at that. Boom.
Stayed within there within the support
and resistance of these parking garages.
Boom. Again, without even without even
before it even actually existed, it
showed up exactly on the chart. This is
a very powerful way of um figuring out
where the next trade is, especially when
you don't know um where it's going to
trade too because there's not a lot of
trade data. So,
let me just show you guys how to uh do
that if you're interested in drawing
parking garages. Well, it's quite
simple, right? The first levels is you
just figure out where the this the
support and resistance is. And you see
that it right there. And even though
this was actually automatic thanks to um
thanks to I did it way beforehand.
Right. You can see I even did it below.
Right. There you go. Oh man, I was doing
this for a while. [laughter]
And uh yeah, we could show you that how
it stayed within those those garages.
But you could do it yourself, right? And
uh see it for yourself. Um if you're
interested uh Trading View using Trading
View, you can buy it with
tradingview.j5.com. da vinci j15.com
links in the description in the referral
section um below and yeah it's the you
can get a discount there. Okay, with
that said look at this. Look at this
just like crazy. Look it just came up
little wick above it and failed. Amazing
how that works. And we can we can
continue doing this all the way up.
And watch this thing actually hit those
zones
to the tea all the way as it tries to
climb this the wall of worry
as it climbs higher
and it will pro most likely right
nothing's guaranteed of course but most
likely and su 95 that is exactly where
the the technical analysis says the
target is for the cup and handle of the
long-term cup and handle, which is
multiple decades, right? Long-term cup
and handle is for Bitcoin now. I mean,
sorry, silver. [laughter]
So used to saying Bitcoin, but this is
silver. So, wait a minute. This I need
to move this down a little bit more. So,
there you go. 694. Wow. Jesus. Right on
target. Right on target. Oops. I'm going
to delete that. It's not useful.
All righty. So, you can see that we're
the the um we're so far away from the
EMA ribbons. It's it's kind of scary,
right? And if we had a 7-day, we're
above that. Far away 7-day EMA, it's
it's that's pretty pretty bad. That's
pretty uh pretty
parabolic basically, right? And if we
have if we go to to the weekly, we're so
far away from any kind of se even 7-day
week uh average, it's kind of even more
scarier if we were to draw a plot the
7-day, which is not on here, but it's
you're like, "Oh my goodness, even this
is pretty bad. We're so far away on the
on the weekly, that the TA says, what
are you doing buying here? Have you lost
your freaking mind?" Right?
>> [laughter]
>> And if you think that's bad, we go to
the monthly, right? And the monthly
says,
you know, we're outside of the Bowlinger
band. And the only other time that did
that was here, [laughter]
the history of silver.
So
maybe maybe you shouldn't buy. Just just
maybe, right? And that's up to you,
right? That's what the TA is saying. But
I don't care. I'm buying. Why is that?
Let me explain to you. Okay. There is a
lot of information and evidence that
indicates that well
there's so much stress to the financial
system which we know will end one day
and I don't know when day is going to be
but I know that it will end one day and
it has to it will end in a very dramatic
fashion because well it's a a fraud,
right? And all frauds, they end like
abruptly, right?
And regardless if you think it's a fraud
or not, it is a fraud. And if you don't
think it is, that's okay. You'll fi
you'll find out. [laughter] You'll find
out the hard way, right? Uh and I'm not
here to argue with you, right, on that
that point.
It is if you can steal other people's
wealth, right, isn't that considered a
fraud, right? It's stealing other
people's money or hard earned wealth.
Oh, yeah. Really? You? That's
[clears throat] right. It is. So, if I
could print money for free and steal
your wealth,
that isn't that stealing. Oh,
and so if you realize that,
that's probably bad. And when some
people realize that I'm that's a bad
thing to happen, enough people realize
it's a bad thing to happen,
then [clears throat] you know what's
going to happen, right? It collapses,
right? It's just like it's not rocket
science here. Now,
I want to show you in the description
below, right, of of the video, right? I
want to show you guys that because in
the description it shows you a lot of
different evidence that silver is
basically the biggest canary in the com
m to um to um the end of the financial
system. It's cracking because one they
were suppressing the price for the
longest while there was no if ends or
buts about that. Um, it started with uh
Barrist Sterns doing it in in the start
in the mid 80s and all the way up until
2008 where it collapsed and they handed
it over to JP Morgan and yeah, so it
this this suppression has come to an end
and it reveals something scary in the in
in the financial system. Not only that,
not only that, the media is not coming
out and saying, "Oh, go buy silver." No,
they're telling you it's too risky now.
Just
Don't bother with silver. It's
dangerous. You could lose a lot of
money. Lose a lot of money. Meanwhile,
JP Morgan that used to be the number one
shorter of silver is the now the number
one holder of silver.
Right [clears throat]
h
[laughter]
but let's take a look at the actual
evidence that uh we can research with J
with chatt. So, if you read the
description here, if you scroll down
into the news links, right, I have like
the silver uh market red flags, right?
The silver market is has a multi-year
deficit. Yes, I mean, you can look this
up. It's all documented um with the
silver institute. Um it has a even in
2025 expects a structural deficit 95
million ounces. Overall deficit has been
like almost a year supply of um of
mining supply of bit silver has been
accumul used up and to be never to be
seen again. Um
London liquidity speed squeeze tied to a
silver uh backed ETP meaning it's like
an ETF basically. They're just a lot of
people are buying it up and this is why
there was an October squeeze. uh
reported physical tightness signals
through uh lease rates of course yet
lease rates are spiked extremely high uh
distortions between v venues uh with
Reuters
describing uh record London spot pricing
versus futures dynamics flows of metal
between the US and London as the market
tried to rebalance. So basically um what
it's saying is silver was flown out from
here to there to rebalance the the the
deficits and instead of putting in just
some on a ship. So there's something
going on policydriven uh market
distortions where tariff uh uncertainty
helps pull the silver into the CME
warehouses starting in late 2024 which
have been drained.
um
exchange risk controls that that can
force volatility, right? Uh yeah,
they're con constantly increasing margin
hikes, right? Which in order to push the
price down, right? Raising investment
flows into paper vehicles with ETPs and
ETFs. um paper versus physical cred uh
credibility stress. As this discussion
points where some market com uh
commentators argue, paper claims outrun
uh deliverable supplies during tight
periods increasing counterparty risk out
concerns. Yeah, if you want to buy
silver in in the futures market, meaning
you want to take delivery of silver in
the future, like 6 months from now,
you're getting a major discount.
So, they don't normally that's you have
to pay an extra fee because somebody has
to hold it for you. No, no, no, no, no.
Now you're getting a discount because
hey, um, we don't got any. [laughter]
We'll source it six months from now.
low flea uh low free float meaning that
there's very little for the LBMA or for
the CMA to to give you if you were to
call for delivery uh demand uh mixed
tensions where industry demand is still
a key driver meaning they need silver no
matter what to build whatever they
needed to build and if you don't if they
don't have it they'll pay whatever
that's it
there is No. Oh, we'll just stop our
production. No, they'll get they'll
lose. Like, can you imagine the amount
of money that some of these contracts,
right? They they have like like clauses
where they would lose money if they
don't produce. There's no chance,
right? Um there's also geopolitical
risks that you could also read about it
in the description below. So, yeah,
those are some of the reasons why you
need to hold silver or you can go with
gold, right? Gold has uh done extremely
well as well. And we're going Let's take
a look at the gold prices. Gold has um
no pulled back to almost what where was
I could have swore I saw it go down to
four
4,000, but I guess that was wrong
after hitting the all-time high, but
nope, it did not. I think it went down
only on some other derivatives platform.
Yeah, must have been on it was on a
different platform that probably just
slided lower than than actual actual um
futures. But yeah, there it is.
Gold is holding its own. It's there's um
there's a clear indication that we're
going to continue running in gold, but
it is in the um category of hey um we've
been moving too far too fast for too
long kind of deal, right? You can see
the weekly, you know, on these um on the
RSIs, right? Then this quarter candles
is like, uh yeah, we're going too far.
And then the volume is dropping heavily.
So
yeah, even though it says that the TA
says, "Hey, yeah, you might want to back
off on buying this." I don't care. I
don't care, honestly.
Um, I'd rather be caught um with lower
prices and dollars with these assets
than to be caught when the system breaks
because when it breaks, they're going to
freeze the price, right? Probably at a
low price, then reset to stop you from
buying anything, right? You're not going
to be able to buy at that low price.
Then reset the price at some ridiculous
amount. guaranteed they're going to do
pull that off. They're guaranteed,
right? They're going to pull that off.
That's coming. And I don't want to be,
oh, I need some silver. I need some
gold. Oh, shoot. Or else. Uh, oh no,
they're going to repric everything. Too
late. Too late. Too late. Don't worry.
That's coming to a theater near you.
Good thing is, right, you won't they
won't be able to do that with Bitcoin.
Nope. Bitcoin will fly on its own. Yeah,
they can't stop it, right? Why? Well,
can't they just freeze USDT, USDC? Yes,
but they can't freeze all the rest of
the assets, crypto assets,
right? So, anybody holding Ethereum,
Salana, they'll be able to move in, move
in big, right? and watch as you know as
the the the Bitcoin dominance is just
ready to just crush everybody right
that's what I think that's how the
Bitcoin dominance is just going to crush
is that if they freeze everything crypto
will still be working
right and that that that would be oh
that would be the biggest sales pitch
for crypto I'VE EVER SEEN
>> [laughter]
[laughter]
>> UH TRUE FREE MARKETS, RIGHT? Continues
to work, right? But you could say, well,
they could just, you know, uh stop all
those exchanges,
possibly,
possibly. But they can't stop DeFi
[laughter]
decentralized finance which is basically
you know u exchanges decentralized
exchanges and then again that will just
create a incentive to create systems
where the government can't sign a law
and point guns at somebody to say this
is how the cow eats the cabbage. Well,
if it's decentralized
and there's no one to shoot, well,
Bitcoin and cryptocurrencies
will do extremely well. All right, let's
take a look at u Ethereum and uh Salana
and then we'll close it off for today.
You can see again I was telling you that
was going to come up to this downward
trend line. We uh are touching it. I
said don't don't try to short this. get
in front of this. This is uh this is
going a lot higher. Same with Bitcoin.
Um before we um before we see any kind
of turn around, that's assuming assuming
of course that there is no um uh
geopolit any kind of uh the thing that
would get this thing to run. I don't I
can't think of anything that can run
crypto beyond uh the targets. Here you
see right now the target for uh uh
Salana is 144. Uh not much room for you
to trade that. Um you could but um you'd
have to trade this at the lower time
frames
in order to get uh some sort of um
level. Oh, look at that. Nice. Nice.
Look at that. So this pullback, you're
looking for some sort of entry at an
even lower time frame. It's probably
going to break out today. Um you can see
that we are at a specific uh breakout
level um for Salana. So don't be
surprised. And let me just make that a
different uh color
red
with um where is it? The line thickness
of of course not
pixels. There we go.
Yeah. So there it is. Uh I think that's
the breakout level you can see. And then
we're going to take us all the way to um
to the 144 level. I wonder I wonder if
there is a
um trading range in this level here.
That looks some
Let's take a look at that. Let's see
here.
Let's see. Um, that might not be
accurate, but let's just take a look.
H.
Yeah. So, we might be a little bit
higher than the 144.
So yeah, let's take a look. Let's see if
that um plays out.
That's parking garage plays out nicely
in the next few days. So yeah, look, but
I'm thinking the target if you're going
to trade this right, you can actually
trade this right here actually.
Yeah, because the the the uh the risk is
is low enough. So maybe you can go in a
little bit lower. You set your bra your
stop losses right down here and then
take this all all the way up to 144 and
that's a 4:1. Wow. Risk-to-reward ratio
at only 1%
um risk
on Salana. That's worthwhile uh taking
for sure. For sure. Okay. Looking at um
let's going back to bit roll circle back
to Bitcoin again. I I feel uncomfortable
buying down buying up here. But if we
were to um to to basically screw this
because we this is like super um
conservative um uh assessment. So
because Bitcoin can be moved very very
fast and it just it is what it is. So be
careful guys.
Um let's just see where we can get in.
Oh,
this is nice bull flag here from this
move. This this bigger move here. But it
may
may be Well, you know what? I'm
not convinced. Not convinced.
I can't I can't give you a long trade on
this one. I'm not convinced with this.
It is. It did break out,
but it seems to set up perfect. You know
what I mean
here? Let's just let's just set this up
right here. This looks like here. Here,
guys. There's this is a flag and we
broken out. So, let's go. Well, I mean,
if you guys want to run that, you can.
Um, and this is the trade, right? You
wait until it comes back. Retest the
levels here
and then do a and then you can go all
the way to this low level here. And
yeah, you can take this all the way up.
All the way up.
Just go for 3 to one just in case, which
is still
pretty decent. And boom, you can get uh
take that trade. But I'm not doing it
because this looks too perfect,
too perfect, right, of a of a trade
here. And you can see where um
the flag, if we were to um
draw this flag here,
and just we to see it, it takes us all
the way up to the close to the 38.2. So,
wouldn't be surprised,
but yeah.
It looks too perfect of a of a setup
trade that they might uh knock you out.
But go for it if you want to. It's all
up to you. And if you want to trade
this, right, you just head over to
x.dj15.com.
Link is in the description below where
you can um you know get $30,000 bonus
from Bybit or WEX or FEMX. These are
excellent exchanges and I I recommend
them all any of them or all of them. So
you can get some free bonuses because a
lot of these exchanges, they give out
free money all the time. All the time
like crazy. So it's worth it to go ahead
and use these exchanges. Okay, so with
that said, I want to conclude with, hey,
you know what? This is not advice for
you guys to go out and run out and buy
silver or gold because I could be wrong.
I don't mind being wrong. I I like
holding. I know that in the end I will
be right, will be vindicated. and will
be considered an Nostradamus like but
it's not like that's not it's not not
the case okay it's obvious history is
clear on this we know the end result of
this it's not like this is it's like
it's like me dropping a ball and saying
u yeah it's going to hit the ground from
the hit dropping a ball and say yeah
it's going to hit the ground and you're
CALLING ME NOSTRADAMUS
>> [laughter]
>> IT'S OBVIOUS, RIGHT? [laughter]
The fiat system is going to come to an
end, right? I mean, it there's no other
there's no other possibility, right?
Right. I don't know how you could see
that they could print money non-stop, go
into debt non-stop,
and that that doesn't come to an end.
Note your mom Thomas.
I it it I'm just pointing out the
obvious. That's all. Thanks for
watching. I hope you enjoyed it. Peace.