Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 $1,000 Silver! 🚨 IS THIS REAL -- (Silver Price Forecast) -- plus Precious Metals BIG News Update
Transcript
- 0:00$1000 per oz silver. There's a big article going
- 0:05around that's creating quite the stir within the precious metals
- 0:09community. And you know, I, I know it
- 0:11sounds outlandish, $1000 silver, but when you listen to what this
- 0:16guy says and we're going to go through all the details, it kind
- 0:20of makes sense. But on top of that, we've got
- 0:23the Swiss guru himself telling us now that we could see 184 per
- 0:30oz over this year. We're going to hear from him
- 0:33too. We're going to talk about China.
- 0:35We're going to talk about bank runs.
- 0:37We're going to talk about these new things, the prediction
- 0:40markets and what's going on with that, which is a big deal for
- 0:44the silver market as well. We're also going to go to
- 0:47Germany. Actually, we're going to start
- 0:49in Germany after we take a check of what's going on right now in
- 0:53the silver and gold markets and after I say thank you for
- 0:56joining me down here in the basement.
- 0:58Your time is valuable. You are important.
- 1:01This is not possible without you.
- 1:04Thank you. If you press the subscribe
- 1:06button, you'll get notified every time we go live, hit the
- 1:09bell notification leave message in the chat room thing.
- 1:13We'd love to hear from you. Let's go check on the silver
- 1:16price and then we're going to go to Germany.
- 1:17Then we're going to go to Switzerland and we're going to
- 1:19go to happy happy $1000 per oz silver world.
- 1:24And I'm telling you this actually makes sense and I'm
- 1:26going to make it real simple for you but let's go out and check
- 1:29on the futures market. I'm sorry, the spot market for
- 1:34silver and gold right now and here we go.
- 1:39OK, so down $0.95. It was down almost $2.00 earlier
- 1:44in the spot market. Gold down about $50.
- 1:49Hey, we're still at 7662 in the spot market for silver.
- 1:54Let's go out to the futures market and see if we're
- 1:57backwardated or what's going on there.
- 2:00And we are backward dated. We've got $76.23 in the futures
- 2:06market. So the futures price of silver,
- 2:09which should be higher than the spot price is actually slightly
- 2:13lower, which I think we can officially say we're backward
- 2:16dated. And of course, what that means
- 2:19is that maybe there's, we'll speculate a little uncertainty
- 2:24as to the deliverability of that future silver.
- 2:28We'll see how that all plays out.
- 2:30We're going to spend about 5 seconds on this one.
- 2:33As you may have already heard, 16,000,000 times the Chinese
- 2:37markets are closed for their Chinese New Year celebration.
- 2:40They come back online. What is it, the 24th or 25th?
- 2:43So the silver and gold price are left in the trustworthy hands
- 2:48for now of the COMEX and the LBMA.
- 2:50Let's go to Germany. I got an e-mail from one of us,
- 2:54one of us basement dwellers, big silver stacker from Germany, he
- 2:58said. Ron, I want your take on this
- 3:00because because I trust this new source and what they're saying
- 3:03about silver, They give 4 big reasons why silver are is in
- 3:08good shape. We're going to quickly touch on
- 3:10all four of them and thank you to our basement dweller from
- 3:13Germany for sending us. This article comes from Ad Hoc
- 3:17News. They say silver's next big move
- 3:21as bulls dream of a silver squeeze.
- 3:25Are you chasing opportunity or are you walking into a trap?
- 3:29And it goes through the normal blah, blah, blah.
- 3:31But what we want to get to is this right here, just these two
- 3:35sections in yellow. Silver right now sits at a
- 3:38crossroads of macro chaos, green energy revolution, and online
- 3:44FOMO culture, which means fear of missing out.
- 3:47That means Youtubers in their basement saying positive things
- 3:52about silver. To understand whether this shiny
- 3:56metal is general, is a generational opportunity, or a
- 3:59crowded trade waiting to unwind, you need to zoom out into four
- 4:04big forces. And I'm going to give you a
- 4:06synopsis of them all. Think about this.
- 4:08The Federal Reserve #1 force, the Federal, the Reserve and the
- 4:12path of interest rates, they are going down, down, down.
- 4:16But the extra added bonus feature, which we've talked
- 4:19about many times here on the channel, is the fact that not
- 4:23only are rates gonna go down, but the betting markets, the
- 4:27futures markets, are not thinking they're going to go
- 4:30down as much as they are going to go down.
- 4:33And that will give a turbo boost to both the gold and the silver
- 4:37price #2 inflation, the US dollar in real yields.
- 4:42Inflation is going up. The dollar in real value is
- 4:46going down, and real yields are going down.
- 4:49When they say real yields, what they're talking about are not
- 4:52just interest rates. I'll give you a quick example.
- 4:55If you go to the bank and they're going to pay you 3%
- 4:59interest on $100,000 for a one year CD, you're going to think,
- 5:04oh great, I'm going to make 3%. No, you're not.
- 5:07Because if you subtract inflation from that, let's say
- 5:105%, you're actually making a negative return.
- 5:14Those are real yields. You take the interest rate
- 5:17you're earning and you subtract the inflation rate.
- 5:21And when that number goes negative, let me tell you
- 5:23something guys. That's a real good thing for
- 5:26silver and gold. Number three, the gold, silver
- 5:29relationship and safe haven flows, we're going to talk a lot
- 5:32because we're going to talk about $1000 silver and we're
- 5:35going to talk about the Swiss guru $184 silver later.
- 5:39But we're going to talk a lot about the gold to silver ratio
- 5:42here in just a few minutes. In safe haven flows, we are
- 5:46living in a time of historic uncertainty.
- 5:49We looked at a graph the other day.
- 5:51Never has uncertainty as measured by the United States
- 5:54Federal Reserve. Then at the levels where we are
- 5:57that May safe haven flows into gold and silver, the safe haven,
- 6:01safe haven, safe harbor investments for thousands of
- 6:05years. That's a very positive fact for
- 6:07precious metals #4 industrial demand from solar, EVs and
- 6:12electronics. And we talked about that at
- 6:15nauseam last night, Elon Musk. But out of tweet like solar is
- 6:20going to dominate the world's future electric generation.
- 6:23And when you look at the stats, right, of what's happening in
- 6:262026, we looked at again this last night, it is going up and
- 6:31up and up. Solar is about to overtake coal
- 6:34and every trend when it comes to solar is positive.
- 6:37And solar is a huge, it's not solar panels, it's silver
- 6:42panels, as we've discussed many, many times.
- 6:45OK, let's talk about a bank run, OK?
- 6:48And then we're going to get that $1000 silver.
- 6:50But is there a bank run going on?
- 6:52Is there a run on the banks? Our favorite silver billionaire,
- 6:56David Bateman, had something very powerful to say, which is
- 7:02says a lot about what's happening in our country, but
- 7:04also with the silver market as well.
- 7:07Mr. Bateman had this to say. There's a couple key things we
- 7:11want to talk about. Hold on here.
- 7:14Oh, it's not working. Hopefully the right screen's up
- 7:17for you now, David Bateman. Hopefully you guys can see me
- 7:21and hear me. Here we are.
- 7:23We're live, OK? The only U.S. bank with real
- 7:27money left is the Comex, and you're currently witnessing a
- 7:33bank run. Take a step back and think about
- 7:37that, because this guy's smart and that is true.
- 7:41The only bank in the United States, all the traditional
- 7:45banks, you know, the 15 of them that are within a mile of my
- 7:48house, all they have is paper Fiat money and they don't even
- 7:52have a lot of that. They have fractional reserve
- 7:54banking. They don't have any silver.
- 7:56They don't have any gold. OK.
- 7:58The only bank, the only, the only quote UN quote bank, if we
- 8:01want to call it that, that has any silver is the Comex.
- 8:05But but remember, right, it's leveraged what, 354 hundred, 100
- 8:12to 1, whatever the number is, right?
- 8:13They've got like 100, less than 100 million ounces of actual
- 8:18silver at the Comex, less than 100 million backing up all the
- 8:23paper contracts, which last I read was now like at 300 for
- 8:28this March delivery date, which will start here at the end of
- 8:30February. That's a powerful statement, OK.
- 8:33And there is a run on the bank, OK, The only bank that has
- 8:37silver, the Comex. Think about it.
- 8:39There is a run on the bank because people are demanding
- 8:44delivery of their physical silver.
- 8:46So while it may sound outrageous to say that, it really is true.
- 8:50There's only one real bank. Just sad to say that about the
- 8:54about the Comex. But everyone's pulling,
- 8:58everybody showing up. It's like the old, that
- 9:01Christmas movie when everybody showed up at the bank and wanted
- 9:03their cash. And the bankers like, well, I
- 9:05don't have your cash. I loaned it out to this guy and
- 9:09he used it for that and he loaned it to that guy.
- 9:11That's what the Comex right now appears to be saying.
- 9:16I'm not saying the Comex is going to default or crash.
- 9:19And you know, they got more tricks up their sleeve.
- 9:21But the reality is we are in a in a physical driven rally for
- 9:25silver right now. It's happening.
- 9:28And you know, from the perspective of only one bank,
- 9:31bank having any real money, if you consider silver and gold
- 9:35real money, that would be the Comex.
- 9:37And people are asking for delivery.
- 9:39OK, $1000 silver. This article is generating
- 9:44massive, massive attention within the precious metals
- 9:47world. Let's go out and take a look.
- 9:50I've got it pulled up here for you.
- 9:52It's from Carl Merckx. He says why silver?
- 9:56And I'm going to make this real easy for you.
- 9:58OK, why? This makes sense and it it does
- 10:01make sense. And it's outrageous to think
- 10:03$1000 silver, I agree. But guys, this actually makes
- 10:08sense. Even using some conservative
- 10:10estimates, he said from today's level, 10X10X move in silver
- 10:17sounds extreme. History says it's normal when
- 10:21two key ratios, just two key ratios, flip from one extreme to
- 10:26the other at the same time #1 the Dow Dow Jones Industrial
- 10:31Average priced in gold and #2 the gold to silver ratio.
- 10:36Even with conservative targets, the math takes silver above
- 10:41$1000. And we're going to review this
- 10:44and and and, and make it real easy.
- 10:47But he comes down all the way down here.
- 10:50He does his math and shows how we get to 1000.
- 10:53But let's let's just start and I'll walk you through this real
- 10:56simply. We're going to start with the
- 10:58Dow to gold ratio. OK, I'm going to use a little
- 11:01simpler numbers than he used, but it all works the same way.
- 11:05That's a long term chart of the Dow.
- 11:08I'm sorry, the Dow to gold ratio and what that measures right you
- 11:13the Dow Jones industrial average right now is around 50,000.
- 11:17The gold price is around 5000. That mean you divide the Dow OK,
- 11:2250,000 by $5000 gold and we are currently to get my markers out
- 11:27right here on the chart just about at 10, OK.
- 11:32If you look at history as recently as 1980, it got all the
- 11:37way down here. That, OK, I'm circling for you,
- 11:41is the number one. At that point in 1980 when the
- 11:48price of gold hit what, 800, I guess the Dow was around 800.
- 11:52But at that point with one ounce of gold, you could buy the Dow
- 11:56Jones Industrial Average. Today with $5000, you can buy
- 12:01110th of it. So we were to get back to A1 to
- 12:03one ratio today that would mean $50,000 gold.
- 12:07But if we look at this chart over time, that was an extreme
- 12:10move. We've gotten down to the circle
- 12:13it here, the two level OK back at this point and we got to the
- 12:17three level several times. So for his example, and I'm
- 12:22simplifying things, if we were to get to 2 on this again, which
- 12:27is again in 1980, we were at 1. So if we were to get to two, OK,
- 12:32and and let me look you back in the face here, guys, OK.
- 12:36And the Dow dropped cuz everybody says, oh, if gold
- 12:39explodes higher, the Dow would likely drop.
- 12:42Well, if the Dow, let's say the Dow Jones Industrial Average
- 12:44dropped up to 40,000, went down 20% from where it is today, OK,
- 12:50and we had a A2 to 1 down to gold ratio, that would mean that
- 12:54the gold price would have to be $20,000 per oz.
- 13:00Again, remember, OK, if it was 1 to 1 like it was back in 1980 at
- 13:05a $40,000, we would have 40,000. But we're going to be
- 13:08conservative and we're going to say if we get to a 2 to one Dow
- 13:13to gold ratio at $40,000, at 40,000 Dow, we're going to have
- 13:18$20,000 gold. So then, OK, the second part,
- 13:22remember there's 2 two things that need to happen here.
- 13:25The second part of that is take that $20,000 gold and plug that
- 13:30into the gold to silver ratio, which you probably know.
- 13:35The gold to silver ratio measures how many ounces of
- 13:38silver it takes to buy one ounce of gold.
- 13:42You divide the price of gold by the price of silver, which today
- 13:47if you divide 55000 gold by about what $75 silver, you get a
- 13:54gold to silver ratio. I think I did it last night of
- 13:56about 65. Historically, like the, the, the
- 14:00generally accepted long term historical average depending on
- 14:05how long you want to go back is around 15 to 1.
- 14:09OK, but but again to be conservative and this is what
- 14:12Mr. Markel did. OK, we're going to say 20 to
- 14:16one, a 20 to 1 gold to silver ratio, meaning it would take 20
- 14:21ounces of silver to buy one ounce of gold.
- 14:24Now remember from that first ratio, we showed how $20,000
- 14:28gold is not out of the question. And to get a 20 to 1 gold to
- 14:33silver ratio, you would then need $1000 silver.
- 14:38Actually, his math, his math shows it in a way that you get a
- 14:42little bit higher than 1000. I'll bring you back to his
- 14:46example before we wrap this up, but if you go down here there,
- 14:54oh, by the way, here's the we looked at the Dow to gold ratio.
- 14:57Here's the gold to silver ratio overtime and let's get the
- 15:02markers out just to show this. As you can see, there's 40,
- 15:08there's 20 down there. Back in 1980, we reached, oh
- 15:14gosh, I think it was down. You're like 12 or 15 or
- 15:18something like that. Anyhow, let's go back out here
- 15:21and look at his math, how he figured this out.
- 15:25OK, there it is right there. So the way he figured it, and he
- 15:29used more a little more in depth statistics, but he said with
- 15:32gold at 19,800 and a gold to silver ratio of 19, the silver
- 15:38price would be 1042 because the gold price of 19,800 / 19 would
- 15:46equal 1042. I know it sounds absolutely
- 15:52crazy, kind of like $75 silver sounded 2 1/2 years ago when the
- 15:57silver price was at $2221.00 per oz.
- 16:01OK, we cannot rule anything out. I will say this one more time.
- 16:06I believe in my lifetime we will see $600.00 silver, we will see
- 16:12800. And I believe that even his
- 16:14estimates of $1000 per oz are certainly within the realm of
- 16:20possibility. And I could almost say, if I'm
- 16:23honest with you, that I, that I actually almost expected because
- 16:28strange things are happening. Even the, the silver mining
- 16:32stocks right now by almost any measure, right, are at
- 16:35historical low levels when you compare like the overall value
- 16:40of the silver mining stocks to the silver price.
- 16:43People would have said five years ago that's impossible.
- 16:46That could never happen. So anything can happen.
- 16:50Hey, today we have a special sponsor of this video.
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- 17:52you need to see first. Let's take a look at the big
- 17:56picture. We saw silver surge 50% in
- 18:00January alone. We've had a recent pullback with
- 18:03the broader market, but don't let that fool you, the
- 18:07structural bull market is just getting started.
- 18:11This isn't just speculation. We're seeing a massive widening
- 18:15supply deficit. HSBC expects that deficit to
- 18:19grow even further this year. Why?
- 18:23Because silver isn't just a precious metal anymore.
- 18:27It's the green gold of the energy transition.
- 18:30Between the explosion and solar panel demand and the
- 18:33electrification of the global EV fleet, industrial demand is
- 18:38cannibalizing supply. When you have record demand
- 18:43hitting a wall of limited supply, the price has only one
- 18:47way to go. We've had a massive rally and
- 18:51we're now seeing a healthy dip. Historically, these pull backs
- 18:55are the ultimate entry points. Now you can buy physical silver
- 19:00and you'll likely do very well. But if you want torque, if you
- 19:04want to outperform the metal itself, you look to the junior
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- 19:12XA successful Junior Explorer can move 5X10X or more because
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- 19:39So why Mcivo specifically #1 the jurisdictions they're exploring
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- 19:50production #2 the catalyst they're currently drilling their
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- 20:05They have a low share count in a tiny $10 million market cap.
- 20:09Because they're so small, even a modest discovery could lead to
- 20:14outsized gains. A big green flag for me is
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- 20:26He's a precious metals mining investing legend and when a man
- 20:31with his track record takes a position in a 10 million market
- 20:35cap junior silver explorer, you have to ask yourself what he
- 20:40sees that the retail market hasn't yet noticed.
- 20:45Look, most people chase silver after it runs the smart money
- 20:50positions itself while the rigs are turning and the market is
- 20:54quiet. Mcivo Silver is a rare set up.
- 20:59You have billionaire validation, a tiny market cap in active
- 21:03drilling in a structural bull market.
- 21:06If silver keeps climbing, stocks like Mesievo can move way faster
- 21:12than the metal itself. I'm super interested to watch
- 21:16how the story develops with my Savo silver.
- 21:20Do your own due diligence and watch those drill results
- 21:23closely. The silver bowl likely isn't
- 21:26over, it's just getting started. My Savo silver stock is traded
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- 21:38the symbol GNYPF. You can also learn more about
- 21:43the company at their website, massivosilver.com.
- 21:50Always remember, I'm not a financial advisor.
- 21:52Please do your own research for any investment that you may
- 21:56decide to get yourself into $184 per oz silver from the Swiss
- 22:02guru. We're going to hear from him.
- 22:04And is AI going to take your job?
- 22:07What about your silver? We've got something interesting
- 22:10to talk about there as well. But first, something nobody's
- 22:13talking about when it comes to silver, but it's becoming a big
- 22:17player, right? We all know the big fundamental
- 22:19story behind silver supply and demand, the deficit, all that
- 22:23stuff. We don't need to talk about
- 22:24that. We also know about like moves
- 22:27and tokenization, right, that are going to create massive
- 22:30amounts of demand in the future for gold and silver.
- 22:34We know there's make believe silver all over.
- 22:37We're going to look at that in a second too, at the COMEX in the
- 22:40LBMA paper paper silver. But now there's even something
- 22:44more, OK. They're called the prediction
- 22:46markets. Have you heard of them?
- 22:48Prediction markets? The big one is called Poly
- 22:51market. There's another one called
- 22:53Calci, but it has to do with Krypto and it has to do with
- 22:56people betting on the future of events.
- 22:59But something that's become crazy popular in this segment
- 23:04and it's a big growing segment, guys.
- 23:06It's big it's huge right is the silver price take a look at this
- 23:10and then again we're going to go over to see our friend the Swiss
- 23:13guru. But here's an article that I'm
- 23:15going to show you Polly market shoot here we go hold on here uh
- 23:23oh hold on. Let me fix this for us.
- 23:26Here we go. What?
- 23:30We'll go back to the top. Uh oh.
- 23:34Hold on, guys. This is live streaming.
- 23:41What the heck is going on? Hold on, hold on.
- 23:47We won't give up. OK, well, I'll just tell you
- 23:50this article clearly stated, you look at me, sorry for the
- 23:56technical issues there. These websites don't always
- 23:58cooperate, but the this article basically said there's a massive
- 24:02wave of people now betting on the future price of silver.
- 24:07OK. And they do that through these
- 24:09prediction markets they buy contracts on yes or no, it's
- 24:13more paper silver, it's more make believe silver.
- 24:16But it also shows us in no uncertain terms that there's a a
- 24:19lot of newer people coming into the silver market in particular,
- 24:24right? And because these are crypto
- 24:25based prediction markets, there's a lot of new people
- 24:30coming in, like we've said before, right?
- 24:32We are such a small minority within the within the silver
- 24:36investing community. It just takes a few new people
- 24:39to come in. Let me show you, I'll try to
- 24:42show you this screen, which this is Polly market.
- 24:46Here we go. This should be working.
- 24:48This is Polly Market. This just shows these contracts.
- 24:51You get the bet with the price of silver is going to be at the
- 24:55end of February. Yes or no, I don't know a lot
- 24:59about it. Please be very careful if you do
- 25:01decide to get involved in this, but it's creating quite a stir,
- 25:05quite a a groundswell of interest in silver, which again,
- 25:10just shows that the silver market is expanding like crazy.
- 25:13What about our friend Yocum, the Swiss guru?
- 25:16He's talking about $184 per oz silver.
- 25:21We're going to listen to him here for just about 70 seconds.
- 25:24But it this is loaded with bombshells when it comes to
- 25:28what's happening in the silver markets.
- 25:31This came this clip came from our friend Mark who said Swiss
- 25:34expert Jochensteiger the biggest silver over betrayal ever and
- 25:39why 184 dollars is still coming and I believe he says even this
- 25:45year. Let's listen to what Yokum has
- 25:47to say and then break it all down.
- 25:56Hold on now we're here. Sorry about that guys, that was
- 26:03my mistake. Can't blame that on the
- 26:04computer. And here we.
- 26:06Go on January 30th, 2026, we saw the worst trading day for gold
- 26:10and silver since 1980. A brutal crash that wiped out
- 26:13weak hands and billions in paper value.
- 26:15For veterans like me, this wasn't normal market action.
- 26:17It was the biggest paper market fraud I've ever witnessed.
- 26:20No limits enforced, no circuit Breakers triggered.
- 26:22Pure chaos. Starting right after the London
- 26:24fix, Silver dropped another $26 in just 180 minutes.
- 26:27Parallel trading alarms disconnected.
- 26:30Total madness. JP Morgan and their crew run the
- 26:32show with the CFTC looking the other way.
- 26:34We call it the Crime X now a rigged casino where 1.83 billion
- 26:38paper oz traded that day. Yet not one real Oz move.
- 26:41But here's the beauty. Physical buyers keep stacking.
- 26:44In China, premiums exploded to 40%, shorts got haunted, and
- 26:47regulators actually cracked down.
- 26:49Unlike the toothless US set up, Asia is taking over price
- 26:52leadership. Shanghai will set the real value
- 26:54soon. Comic stocks are draining fast.
- 26:56Registered below 100 million oz already.
- 26:58A default or force majeure could blow this wide open.
- 27:02My advice, hold your nerve. Physical gold and silver never
- 27:05spoil. Buy dips.
- 27:06It's wealth protection, not speculation.
- 27:08I see silver hitting $184 by year end, potentially much
- 27:11higher if things break gold. Easily $6000 plus this year.
- 27:15This is 6000 years of hard money.
- 27:18Stay strong. OK, so there we go.
- 27:22We heard it directly from our friend Yocum 184, excuse me,
- 27:31$184 silver before year end and I think he also said $6000 plus
- 27:37gold. But let's a couple highlights
- 27:39there. The biggest paper market fraud
- 27:43he's ever witnessed, chaos. OK, 1.84 billion ounces of
- 27:48silver traded that day. That's like 2 1/2 times the
- 27:52entire world production of silver on an annual basis. 2 1/2
- 27:57times traded in one day. It's absolutely crazy.
- 28:01It's a physical driven rally, right?
- 28:04This guy's been following the silver market for decades.
- 28:07He knows what he's talking about.
- 28:09And I love that he said this silver and gold never spoil.
- 28:15It's all this paper. The the Poly market thing.
- 28:18We just looked at the COMEX and the LBMA.
- 28:21It's all a bunch of paper, right?
- 28:23But silver and gold have always, always been the world reserve
- 28:28currency, period. OK, period.
- 28:31And when we talk about paper, let's go after the US debt clock
- 28:34and do a check and see how how much paper is right now being
- 28:39created versus the price of gold.
- 28:43And there we go. We are at the US debt clock just
- 28:46so we won't forget about it. the US national debt, hopefully they
- 28:49make a big deal out of this when it gets to 40 trillion,
- 28:52currently sits at 38 trillion, $700 billion per US taxpayer.
- 28:58That's $355,000. That's not what we're really
- 29:04here to look at. We're going to go down here and
- 29:08look at the paper to silver. I'm sorry, the dollar to silver
- 29:14ratio down here, it's on the, it's the second from the right
- 29:18on the bottom right corner, the dollar to silver ratio where I'm
- 29:22circling right now that current and there's something I just
- 29:26realized about that this morning.
- 29:28That is currently sitting at $1200 per ounce of silver.
- 29:34What that measures is the increase in the United States M2
- 29:39money supply, which is basically bank accounts, liquid money,
- 29:43money that's printed, the increase in paper money that's
- 29:48created on an annual basis divided by the number of Oz of
- 29:53silver that the world creates on an annual basis.
- 29:57And I was like, whoa, wait a minute, right?
- 29:59Which is already crazy, right? There's $1200 paper make
- 30:03believe, electronic, whatever you want to call it, money, Fiat
- 30:06money that's created for each one ounce of silver.
- 30:09But think about that. That's just the dollars in the
- 30:12United States. That's not including the the
- 30:16Japanese yen or the Swiss franc or the euro or the other paper
- 30:21currencies that are being printed.
- 30:23They're all being printed. It's a race to the bottom.
- 30:26So I'd never thought about that, right?
- 30:28I mean, that number alone is insane, right?
- 30:30That there's 1200 paper make believe, electronic, whatever
- 30:34you want to call it fantasy island dollars created 1200 for
- 30:39each one ounce of silver. But that doesn't include all
- 30:43these other other currencies that are out there.
- 30:46So all right, guys, hey, thank you for joining us today.
- 30:49Don't forget, please subscribe to the channel, give the video a
- 30:52thumbs up. But most important, right, be
- 30:55safe out there. Have a good day and I'm going to
- 30:58look forward to seeing you. Yeah, you.
- 31:01Next time, take care.