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🚨THIS Never STOPS!🚨 - Hear WILD Silver Price Call(s) - 🐐 (Gold Price News too) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

0:02
$500 silver, but this time it's coming from someone new and
0:07
we're going to look at all the reasons why.
0:09
We got a lot of big examples. A silver squeeze.
0:12
The data coming out about the supply of new silver coming out
0:16
of the market is shocking. We have some allegations or
0:20
conspiracy surrounding the US Mint and American Silver Eagles
0:25
last night. We're going to touch on that and
0:27
we're going to hear from Professor Mike Hudson.
0:31
Incredible things going on in the world of gold and silver.
0:34
Let's get started by looking at this latest data coming out
0:37
about the supply of silver and why this is so important for us
0:42
to stay on top of. Mexico continues to not produce
0:47
additional silver despite high prices and demand that have been
0:52
outstripping new net supply going on six years.
0:55
Mexico produces about 25% of the world's global silver output
1:00
from mines with a much higher weighting to primary products.
1:05
OK, this is important. Mexico is one of the few
1:08
countries in the world that actually has specific silver
1:13
producing mines. And guys, this chart goes all
1:16
the way back to 2021. As you can see, right, we had a
1:20
a big draw down during C-19, so we'll take that out.
1:23
But the amount of silver coming out of Mexico, who is the
1:27
world's biggest silver producer, despite prices skyrocketing,
1:32
continues to go down. Now yesterday we talked about
1:36
Fresnillo and that they had lower, lower production of
1:40
silver in the first quarter of 2026 versus the fourth quarter
1:46
of 2025. This is the big key component to
1:51
the silver price going forward. It's become a physical market.
1:55
We got a lot more to look at China, more of Poland when it
2:00
comes to silver, a massive copper.
2:02
So let me let me back up. This is the most important
2:06
thing. Mexico provides 25% of the world
2:10
silver. Last year they produced about
2:12
200 million oz out of the 800 million that the world produced.
2:17
They are not going up despite the price that the fact that
2:22
we've got the price that is going up, up, up.
2:25
In the end, this will be a physical driven market for
2:29
silver and supply is, yeah, one of the key components to a
2:34
physical market, supply and demand.
2:36
OK, let's move on. Now this is where it gets even
2:39
more interesting, because while Mexico has primary silver
2:43
producing mines, look at what we get out of Poland where there's
2:47
a massive, massive copper and silver company called KGHM.
2:55
OK, it says this right here. Byproduct silver production
2:58
falls 25% year on year. This tells us something very
3:02
important, AI Weimar Silver Baron says.
3:05
We keep seeing reports like this.
3:08
Not only are high prices not raising production at primary or
3:13
by product producers. So again, Mexico, that would be
3:17
the primary silver producers. A lot of 70% of the world's
3:22
silver is produced as a by product.
3:24
Of course, we like to say it's produced on accident, OK, But
3:29
even that is also falling. This came from KGHM.
3:33
They're like a massive copper and silver mining company in
3:38
Poland. It says production of payable
3:41
silver amounted to 76.3 tons, down 25% year on year, OK, down
3:52
25%. So think about this, All right,
3:56
you got the silver price. We love silver, the price of
4:00
silver, but that's driven by supply and demand, that's driven
4:04
by the physical market. You've got Mexico who produces
4:08
25% of the world silver. They're flat or maybe even
4:12
trending down a little little bit.
4:15
And you have even the big by product producers where 70% of
4:19
the world silver comes from one of the world's biggest says that
4:22
their silver production was down 25% in the last quarter year
4:27
over year. But way.
4:28
But there's more because next we'll go to China.
4:32
OK, this is incredible. Let's go out and see what
4:36
China's doing. And for this, we're going to
4:38
hear from we're going to go to commodity culture.
4:41
Who is that? Jesse Day?
4:42
Yeah, Jesse Day and he's got Alistair McLeod on talking about
4:49
Wait till You hear this about what's going on with China and
4:53
silver right now. Now, what's the the Chinese
4:56
government has been doing is it's been supplying silver into
4:59
the Western markets, which explains why we have the last
5:05
seven years of deficit, if you like, between supply and demand
5:09
without knowing really where you know that imbalance was really
5:13
sorted out. It was really being done by
5:15
China out of her accumulated stocks of silver.
5:18
She was trying to control the price.
5:21
The interesting thing is that if you look at her.
5:24
Exports. She has been exporting, I think
5:27
I made a note of the numbers. In 2024 she exported 42,000
5:34
tonnes, sorry, 4200 tonnes in 20, three, 4883 tonnes,
5:40
etcetera. Now we're looking at figures
5:42
like you know, sort of 137,000,000 ounces is what she
5:46
did in 2024. If you look at that Bloomberg
5:49
chart showing the imports in that year, she imported a figure
5:53
like 300 odd tons, I guess 300 and I don't know, 330 tons.
5:58
Now what is absolutely amazing is that in 2025 China ceased
6:05
exporting silver entirely. The figure for 2025 is 0.
6:10
Absolutely 0. OK, sorry about that.
6:13
I forgot to share the screen and I didn't hear.
6:16
Oh, hold on boy. We're going all off the rails
6:19
this morning, guys. There you go.
6:20
Now you see me again. God knows what I did when I
6:23
thought you didn't see me on camera.
6:26
Hopefully nothing offensive to anyone, but nonetheless, there
6:29
you have it right. China is not exporting any
6:32
silver. We are in a complete new
6:34
paradigm in the world of silver. And we know that the price of
6:38
silver, it's been proven, has been manipulated over the last
6:42
10 years. Often times, the way that the
6:45
CME or the COMEX would would put downward, downward pressure on
6:51
the price of silver was by raising margins.
6:53
Well, guess what boys and girls? We got news last night that the
6:58
that the CME Group is lowering margins.
7:01
As we know, there's been less volatility in the and less
7:05
activity in the silver futures market.
7:08
So we get some good news last night that the CME Group has
7:12
decided to lower. Shoot, hold on here is going off
7:19
the rails there we are. Okay, lower Bob Coleman
7:23
announced that gold, silver, platinum, Palladium futures
7:26
alert margin on all four precious metals futures
7:29
contracts are being reduced gold by 14%.
7:33
Silver margins are being reduced by a whopping 21.4%.
7:41
Now what this could do right? Cuz again, they raise margins
7:45
when there's periods of big volatility and some people hold
7:50
on here. What happened?
7:53
Uh oh, hold on. Hopefully you guys can see me
8:00
and hear me There we are. OK, All right, we'll get rid of
8:04
that and hopefully we're still alive.
8:08
Can I'm going to get back to those margins in one second.
8:11
OK, Man, the, the, the internet's acting up today
8:16
anyhow. They, they will raise margins
8:18
when there's a lot of volatility.
8:20
Some people speculate and it's some people more than speculate
8:24
that they do it to help keep the price under control that there's
8:29
been periods in the past like 2011 where they hiked up
8:32
margins, hiked up margins, which means people need more, more
8:36
money to back up their contracts.
8:37
Now people need less money. So this could be a very good
8:41
thing. You could bring a lot more
8:42
liquidity into the silver futures market.
8:46
Even though we know it's a bunch of bunk paper make believe, it
8:49
still has some impact on the quote UN quote price of silver.
8:54
So when the margins get lowered, it'll take less money for
8:57
investors to buy these futures contracts.
9:00
So we'll keep a close eye on that and and see where that
9:03
goes. But but in the West, what
9:06
happened yesterday in the paper market was pretty astounding.
9:10
Let's go look at the data that we have and here we are.
9:19
Let's go back to this. Sorry guys, the the stream
9:23
software is acting very goofy today.
9:26
Here we are from the dude, OK, who tells us yesterday the
9:31
silver market traded 510 million paper oz.
9:38
We'll get back to that, but in red.
9:40
He says when the revaluation or price floor announcement,
9:45
meaning that there's there's some anticipation and
9:49
speculation that the United States government in conjunction
9:52
with some of our big trading partners like Mexico who
9:56
produces 25% of the world silver could announce price floors that
10:00
when that could happen, I suspect you will not be able to
10:03
buy physical. But I want to point out this
10:06
number for you one more time. Yesterday, right in one day, the
10:09
paper market traded 510 million ounces of paper make believe
10:14
silver, right, which equates to what almost 2/3 of the annual
10:19
mine production approaching 2/3 of the annual mine production in
10:23
paper make believe silver in one day, right?
10:27
They trade 2/3 of what the whole mining sector can create in one
10:31
whole year. It's crazy.
10:32
It's out of control nonetheless. But if you want to get your
10:36
hands on some physical silver, if you don't believe in make
10:39
believe paper electronic silver and you want real physical
10:42
silver, I want to say thank you to channel sponsor first meant.
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And yeah, they have personalized engraving now that you can do on
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That thing is awesome as well. So thank you First Mint, first
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mint.com for sponsoring Ron's basement.
12:00
They're doing just an incredible and incredible job.
12:03
Now. What about $500 silver?
12:05
Somebody new, right? We've got a lot of respected
12:08
people talking about 203 hundred four $500 silver, but we got
12:13
somebody new telling us to get ready for $500 silver.
12:19
We're going to watch a little bit of this video, 2 parts of it
12:22
that are very interesting. This guy has been around a long
12:26
time, super respected same as Egon von Mars and let's see if I
12:32
can get this up here it is right here I'm going to put it on full
12:37
screen. We'll watch a little bit in the
12:39
beginning and then we're going to go to where he talks about
12:41
$500 silver. Here we go.
12:45
Let. Me tell you, there is so much
12:48
fake news out today, whether it's from President Trump,
12:52
whether it's from the old market or the gold market or whether
12:55
it's from the Middle East, that you don't actually know where to
12:59
turn to get the real news. But let me tell you that the
13:02
news does not matter currently because the die is cast.
13:08
As Julius Caesar said when he crossed the Rubicon.
13:11
It means that whatever happens now is not going to affect the
13:15
outcome because the outcome is absolutely certain.
13:19
That means we are at the end of a monetary era and OK.
13:24
That's a very important point. We talk about that.
13:27
Let me see if I can get the screen back on so I can look
13:29
you. My face meant dwellers in the
13:31
eye. We I talk about that all the
13:33
time. The news is noise.
13:35
It's all short term noise. He uses the term and I like it.
13:39
I don't know how you feel about it, but the die is cast, meaning
13:42
the major forces that are going to infect affect the future
13:48
monetary system. The value, the price inflation,
13:52
right? All these things with the value,
13:53
the price of silver and gold, those things are already set in
13:57
place. The die is cast.
13:59
I love that Egon. That's a that's a good one.
14:02
And that that's where we're heading.
14:04
Now let's go listen to where he talks about $500 silver.
14:13
We're going to Fast forward here to right at 1:34.
14:20
Well, we'll go to 133. As a collapse taking place now
14:23
in the next few months and in the next few years.
14:26
So whether the Strait or Hormuz will be open or closed, but it's
14:30
already predetermined. You know this is how to.
14:33
I went to the wrong spot 324 Sorry guys 23.
14:39
Same with the metals, for example silver.
14:41
There are hundreds of billions of Oz of silver that on the
14:46
futures exchanges that is standing for delivery, but there
14:50
is no delivery. There's no one who can deliver
14:52
silver. And at some point in the very
14:54
near future, and I've talked about this before, silver is not
14:58
just going to go up back over $100 again, it's going to go to
15:01
200 dollars, 300 dollars, 400 dollars, $500.
15:05
And that could very easily happen this year or even in the
15:08
next few months because we're very likely to see a panic.
15:11
It's the same in gold, a lot of gold standing for delivery also.
15:15
Do you have hundreds of millions of Oz standing for delivery?
15:19
And. OK, did you hear that?
15:21
He said we could see $200 silver, $300 silver, 400, five,
15:26
$100 silver this year. Oh, wait.
15:30
But wait, there's more. He then actually said that it
15:32
could be in the matter of months.
15:35
What he's what he's referring to is there's all this paper silver
15:39
out there, but there's really nothing much to back it up.
15:42
Like we looked at earlier, they traded 500 million ounces of
15:46
paper silver yesterday on the COMEX.
15:48
OK, what, what he's telling us is that the basically we could
15:52
be in a situation, this is what he said, right?
15:56
That where we could see a massive panic, a squeeze, a
16:00
squeeze for silver. OK, now look, we don't need a
16:04
squeeze. A squeeze would be great, right?
16:06
But we've and we've not had a squeeze.
16:08
What happened in January was not a squeeze.
16:11
Was it an anomaly? Was it a a spike up in the
16:14
silver price? Absolutely.
16:17
But we've really not seen a squeeze yet.
16:20
But I want you to think about that here.
16:22
He's he's he's a veteran of the precious metals sector.
16:26
He's been around for decades. He's telling us $500 silver.
16:31
Now let's take a step back. Who else do we know that's a
16:34
veteran entrusted? And it's telling us that we
16:36
could get 203 hundred for super high silver prices.
16:40
Michael Oliver, OK, we talk about him all the time.
16:44
Who else is telling us that we could have super high silver
16:48
prices? Can you think of anybody?
16:50
What about David Hunter, like a guy with an unbelievable track
16:55
record, 49 years of experience on Wall Street, he's calling for
17:00
$180 silver and it not being too far off in the distant future.
17:05
And finally, who else can we talk about that's talking,
17:08
that's telling us we could have unbelievably high silver prices?
17:12
No, other than Bank of America that mentioned a price as high
17:17
as 309 dollars right. If certain conditions unfold
17:22
that have unfolded many times throughout history, right?
17:26
A 30 to 1 gold to silver ratio guys, it's not if you if we take
17:31
a step back and put it all together, you got people like
17:34
Egon. These people have been around
17:36
for decades, right? Michael Oliver super respected
17:40
around for decades. David Hunter, super respected
17:43
around for decades. Bank of America, right, the
17:46
tranfi of of traditional finance, one of the biggest
17:50
banks in the world in the United States, all telling us that we
17:54
can have these incredible silver numbers.
17:57
Is it a is it is it set in stone?
17:59
Is it guaranteed? Well, of course not right, No,
18:02
no, but these aren't like crackpot people that are sitting
18:05
in their basement and Saint Louis saying, oh, I think you
18:08
know, right. I mean, these are, these are
18:10
like super respected people that have been around for a long,
18:14
long time that that know all the details, the insurance and outs
18:19
of what goes on in these markets.
18:20
I don't know. It sure feels like we could be
18:23
in for some very, very good times.
18:25
I do want to say thank you to Brixton Metals for sponsoring
18:29
Ron's Basement. They're a Canadian metals
18:31
exploration company. They've got big projects in
18:35
Canada and the United States. Copper, gold, silver.
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They did the Langus project up in up in Canada.
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They just released some incredible drill results.
18:46
It's a company I've owned for years before they sponsored my
18:50
channel. Same with First Mining Gold, a
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stock I owned for years before they sponsored my channel.
18:56
And 1st Mining Gold has two huge massive development stage gold
19:01
projects in Canada, Spring Pole in Ontario and Duparque located
19:07
in in Quebec. Thank you upstairs Susie, you
19:11
guys okay as I'm trying to OK, I will.
19:20
Thank you up upstairs. That's for those of you who
19:23
don't know that. Everybody say hi to Susie.
19:26
That's the lovely and talented upstairs Susie, my wife who
19:29
talks to me on this walkie-talkie.
19:32
Everybody give her a virtual high 5 huh?
19:34
How about a smile that feels good.
19:37
Anyway, first mining gold. There aren't a lot of companies
19:40
with big multi million ounce development stage projects in
19:43
great jurisdictions like Canada and 1st Mining Gold has two of
19:47
them. Learn more about them if you
19:50
please, at firstmininggold.com. I will get to the Super chats.
19:55
I will ring the golden gong for the Super chats today.
19:58
So whoever gives or gave a super chat, I will ring the golden
20:02
gong for you. I promise.
20:03
But now, right, you know, conspiracy theories or
20:10
speculation, there's the precious metal sector is ripe
20:14
for that. And often times they wind up
20:17
being true. There's a new one out there.
20:19
Big swear, who's a great guy and is again somebody who's
20:23
respected and followed by many in the precious metal sector has
20:27
some interesting things to say potentially about the US met and
20:33
let's pull this up. Silver Trade shared this Silver
20:36
Red Alert Silver Eagle crimes hiding in the US Mint's 2025
20:44
annual report Did the US Mint run out of silver blanks in 2025
20:51
and instead of buying more, instead did they steal them from
20:55
deep storage silver that the Mint held for the US Treasury?
21:01
Very interesting. So let's click on this and let's
21:06
share the screen that came from and you can watch this for
21:10
yourself. Decide for yourself.
21:12
A video right there by Bix Weir. Silver conspiracy, US Mint hide
21:17
silver shortage in the 2025 report.
21:21
The cover up is always worse than the crime.
21:24
So Bix uncovers some very interesting things in the world
21:29
of silver. And we know one thing for sure
21:32
when it comes to silver in the United States, right?
21:36
We know there's been some conspiracy theories that were
21:39
eventually proven correct, like the conspiracy theory that the
21:45
futures market that the Comex and the LBMA had, let's say,
21:51
played around with the price of silver for decades.
21:54
It's been proven in court. There's people or that the big
21:57
banks, the big bullion banks were manipulating the price of
22:00
silver and gold through spoofing.
22:03
And that's been proven correct. And there's, there's were, were
22:06
convictions. And I think 2 guys actually went
22:09
to jail in massive fines paid by the big banks.
22:13
So when it comes to silver comes to gold and that, and I got
22:16
something else we're going to look at next about gold.
22:19
I mean, what's going on in the world right now?
22:22
And we know we know what the central banks are doing with
22:25
gold and, and how this is very interesting, how gold is now
22:30
becoming the, let's call it the, for lack of a better word, the
22:36
money of choice. I almost say currency, but
22:40
precious metals, people get mad when you call.
22:42
It's the money of choice. Wait till you hear this.
22:45
This is going to come from Professor Mike Hudson.
22:48
But let me finish up my last thought, which was, yes, these
22:51
conspiracy theories have often been proven right when it comes
22:55
to silver and gold. And yes, right, sure.
22:58
The COMEX in the LBMA, it's been proven that there was some, you
23:02
know, there was a, a, a, a memo that came out as part of
23:05
WikiLeaks from 1974 community indications between the United
23:10
States and London about the futures market.
23:12
And they're basically saying, yeah, if we inject a lot of
23:15
volatility, we know what that means right into the silver and
23:20
gold market, that that will dissuade people from holding
23:24
gold in particular, I think is what it said on that memo.
23:28
But it will dissuade people from holding precious metals, which
23:31
explains why in the United States, I mean, think about your
23:34
neighbors. If you're joining me from the
23:36
United States, if you're joining me from somewhere else, what
23:38
else? Trust me, this is true.
23:42
In the United States, 99% of people are completely clueless
23:48
about precious metals, gold and silver.
23:50
I mean, everybody knows, right? Everybody knows that gold and
23:54
silver are like the ultimate treasures.
23:57
But when it comes to using them as a store of value, everybody
24:00
in the United States is just like, I just buy a mutual fund.
24:04
That's where the stock market only goes up.
24:07
It only goes up, right? People know right.
24:10
We're taught that early the gold and silver are valuable, but
24:13
when it comes to actually using it as a vehicle by which you can
24:18
store wealth, right And look the statistics are incredible gold
24:22
and and most people are focused on gold for these statistics has
24:26
outperformed many measures in the stock market over the last
24:30
like 20 years, I think from the year 2000 through now if you the
24:34
NASDAQ and then compared to gold.
24:36
So anyhow, most of these people don't know what's going on when
24:41
they wake up. You know, it would be a big
24:44
they're going to there's there is not going to be any gold or
24:47
silver at your local coin shop. But now let's talk about gold
24:50
and how it really is becoming the money of choice and how
24:53
things have changed like we are in a new world, a new paradigm
24:57
when it comes to gold and silver.
24:59
This is some shocking data that's coming out about the
25:03
United States and gold, and we're going to listen to
25:06
Professor Mike Hudson and we're going to go to the proper point
25:11
of the make sure I got it. Yes, I do.
25:14
OK. OK.
25:16
This is Professor Mike Hudson. I'll I won't read this.
25:20
I will just play it and then we'll come back and talk more
25:23
about this. Let's listen to what he says
25:25
about what's going on with gold, the largest.
25:29
Commodity exports for the from the United States from for the
25:33
last five months. Can you guess what commodity it
25:35
is? Not aircraft, not the automatic
25:38
intelligence, not computers. It's non monetary gold.
25:41
America's largest export is now the gold that it's private
25:44
holders and perhaps even the US government had had had.
25:48
And the largest exports of gold are to Britain and to
25:51
Switzerland, Switzerland being a transfer point to China and Hong
25:55
Kong. Hong Kong is the third major,
25:57
major destination of this gold. A Forbes magazine just in the
26:00
last few days came out with all of these figures saying, well,
26:03
there's about a six week to 8 week lag in the publication of
26:07
foreign trade figures. But the the most recent figure
26:09
we have is in February and that's five months in a row
26:11
where gold is a major American exports.
26:14
Well, in 1971 the United States said, OK, we're not selling you
26:17
gold anymore. What's your choice?
26:19
You don't have any choice. The how are you going to save
26:21
all these dollars that you're accumulating?
26:22
Well, there's really no alternative to gold.
26:23
We're not going to let you invest in American companies or
26:26
control our economy. Like we use your balance of
26:28
payments to buy out your economy.
26:29
We're we're all you can do is buy U.S.
26:31
Treasury securities or you know, corporate bonds.
26:34
Well, that's not the case now because the Iran, like Venezuela
26:39
was a pricing saying we, we don't want the whole dollars.
26:41
We have alternative dollars now. We can hold Chinese yuan.
26:45
OK, so. We are in a new paradigm when it
26:49
comes to silver and gold. We really are OK.
26:52
I've been following these markets for two decades and in
26:56
the last year and a half it things have shifted where we are
27:00
in a complete new world where it comes to silver and gold.
27:04
What couple key things. He said the largest commodity
27:07
export of the United States for the last five months has been
27:12
gold, right from private holders.
27:14
And he speculates some of that may be coming from the US
27:17
government. Look, the reason why this is
27:20
going on is because like, like Egon, Egon said earlier, right?
27:25
The, the, the cast, the die has been right.
27:29
We are in a complete different geopolitical framework now than
27:34
we were five years, 10 years, even 18 months ago.
27:39
The world when the world doesn't trust each other, think about
27:42
it, right? When China doesn't trust the
27:45
United States, when the Middle East doesn't trust the United
27:47
States, when Russia doesn't trust the United States, when
27:50
countries don't trust each other, guess what else they
27:53
don't trust? They don't trust their currency,
27:56
right? So people are moving away from
27:58
the dollar and saying, oh, we want your gold instead.
28:02
Now think about this. This is very interesting.
28:05
It's my understanding that during World War One, right,
28:09
that was what the United States did.
28:11
We weren't really involved in World War One and even at the
28:14
beginning of World War 2 and that we would actually that like
28:17
supply arms and supplies to other countries.
28:20
But we actually, because we didn't know what was going to
28:23
happen at the at the throughout the war, we would actually
28:27
demand that the United States get paid in gold.
28:30
OK. And so think about and then then
28:32
think about the data that we have that shows us that the
28:36
world central banks are buying gold at a rate like we've never
28:40
seen in history. Think about that.
28:42
Then within the context or what Professor Mike Hudson just said,
28:46
right. In the United States, people
28:49
aren't, are, are saying, you know what?
28:52
Well, yeah, we like the dollar, but we don't like it as much as
28:56
we did two years ago, 10 years ago or 20 years ago.
29:00
Instead of giving U.S. dollars, why don't you give us gold?
29:04
This is all on a big level, right?
29:07
The die has been cast, right? The the world monetary system
29:11
appears and that's what I believe.
29:13
I don't know how you see it or how you believe, but appears to
29:16
be in a complete new paradigm, right?
29:20
We are. We are it.
29:21
And look, guys, I understand, right?
29:24
I'm with you on this. Most of the time it can be a
29:27
little, a little hard to see, not easy, hard to see.
29:30
Most of the time you people don't realize that they're
29:34
living through a historic period till after the historic period
29:37
has occurred, I believe, right? You make up your own mind,
29:41
please. I forgot to tell you, I'm not a
29:43
financial advisor. You're always do your own
29:45
research, right? Don't buy or sell stocks, bonds,
29:48
mutual funds, cryptocurrency, gold, silver.
29:52
Based on what? But what I see is that we are
29:55
moving into just an unbelievable period of time when it comes to
30:00
the precious metals undoubtedly. OK.
30:03
And I want to reiterate one more very important point to you.
30:09
The biggest driver, the biggest indicator that we're going to be
30:13
watching this is that this is a big announcement over the next,
30:17
I would anticipate at least two years is going to be real easy
30:22
for us to follow. It's going to be inflation.
30:25
Inflation will be the the core driver of the silver and gold
30:31
price because everything will hinge on inflation as we move
30:35
forward. That will indicate to us how
30:38
much a loss in value is being absorbed by the US dollar and
30:46
also relative to what quote UN quote interest rates are as
30:50
well. As long as inflation continues
30:54
to outpace, OK, whatever the prevailing interest rate is that
30:58
the Fed's going to, they're going to throw up.
31:00
They're going to be ready. You think the last 10 years were
31:03
something crazy. They're going to throw up so
31:05
many smoke and mirrors all kind of the biggest thing will be
31:09
inflation. We'll look at it from what the
31:11
government tells us, but then we'll also look at it from like
31:15
the shadow stats perspective. And shadow stats is a website
31:19
and a, a gentleman who puts together what he calls the, the
31:23
real inflation rate calculated in the same manner that they did
31:27
back in the like the 1970s. Nothing is that that will be the
31:33
easiest thing for us to follow. And it will indicate to us as
31:36
inflation goes higher and higher and higher, right, just how high
31:42
the, the, the gold and silver prices can go.
31:45
I promised you that I would ring the Golden Dawn for those that
31:48
gave a oh wow, we have 3 super chats.
31:51
Oh, oh, so cool. Hold on here.
31:54
Hey, Randall. Randall, Dunky.
31:56
Hello, Ron and Susie. Love your show.
31:58
Can you please say hello to Randall and Stace Stashaw?
32:03
OK, Randall and Stashaw in Defiance, MO 51 days and going
32:09
strong. Hello, Randall and Stashaw.
32:12
Great to see you guys. My fellow Missourians.
32:14
Let's get the Golden Dawn out. Guys.
32:16
We we ring this for good luck. OK, let's make Randall famous on
32:20
the Internet. Here you go, Randall.
32:22
Thank you Randall Candle and Stay Shah.
32:25
I hope you guys have a great, great day.
32:28
Next up we got Montana Ted. Montana Ted, you're famous on
32:34
the Internet. Thank you for the Super chat
32:36
Montana Ted and hold on here, we've got a our friend Vincent.
32:42
Hello Vincent. Ron shows up every single day.
32:45
We appreciate you Vincent. You are famous on the Internet
32:48
as well. Did I get that up?
32:51
Why is that not going up? There It is.
32:53
There he is. Hello, Vincent.
32:55
Look at that guy. He's actually been in the
32:57
basement before. Great man.
32:59
We love him. He's a big, big, big believer in
33:02
silver as well. That's for you, Vincent.
33:04
All right, guys, have a great day.
33:07
I appreciate you. I apologize for the technical
33:10
issues. I apologize I've been having
33:12
voice issues as well. But you know what, we get
33:15
through everything. We do it together.
33:17
It's going to be a wild ride. Don't forget, if you enjoyed
33:20
your time down here in the basement, please subscribe, give
33:23
the video a thumbs up, take care, and we'll see you.
33:26
And yes, I see you and yes, you are important.
33:29
I really appreciate you coming down here in the basement with
33:32
me. We'll see you next time.
33:34
Bye. Bye.