Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡$60 plus SILVER⚡- You Best PAY ATTENTION to This! 🚨 (Gold Price Also)

Transcript

⚡$60 plus SILVER⚡- You Best PAY ATTENTION to This! 🚨 (Gold Price Also) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:02
  The Fed is in crisis mode, $60.00 silver is pretty much
• 0:06
  guaranteed in my opinion. We're going to talk about what
• 0:10
  to expect in the stock market over the next five years.
• 0:13
  You guys have been begging me to come on and talk about a recap
• 0:16
  of what happened with the Fed yesterday.
• 0:18
  I'm going to tell you right now, it doesn't make any difference.
• 0:22
  I have some groundbreaking concepts that I'm going to share
• 0:25
  with you in this video about what's going on with the Fed and
• 0:30
  why it will give us precious metals investors and even crypto
• 0:34
  investors, anything that is non Fiat related.
• 0:38
  An unbelievable run as we move into the coming months, quarters
• 0:43
  and years. Thank you for being here.
• 0:45
  Thank you for being part of the basement.
• 0:47
  We dive a little deeper down here in the basement thinking
• 0:51
  minds. OK, But it's not possible
• 0:55
  without you. So thank you.
• 0:57
  Yeah, I'm talking to you for being here.
• 0:59
  Please give this video a thumbs up.
• 1:02
  Subscribe to the channel. Super chats and super thanks are
• 1:06
  always super appreciated, but never, ever expected.
• 1:11
  OK, so let's talk about the Fed. the Fed, the Fed.
• 1:14
  Oh, interest rates. Wow.
• 1:15
  Yeah, right. No, guys, I got news for you.
• 1:18
  I hate to spoil the party. It really doesn't matter.
• 1:22
  And I'm going to explain to you why we're talking about the real
• 1:25
  value of the dollar. We're talking about why we will
• 1:29
  get $60.00 silver lickety split before you know it.
• 1:32
  But let me show you something that may blow your mind when
• 1:36
  we're looking at the Fed, OK? Make sure you can see this.
• 1:40
  Over here we have inflation. Over here we have interest
• 1:45
  rates. And let's say they're kind of in
• 1:47
  equilibrium right now. Like Jerome tells us,
• 1:49
  everything's fine in the economy.
• 1:51
  Everything's the economy is resilient, OK?
• 1:54
  So again, over here we have inflation.
• 1:57
  Over here we have interest rates.
• 1:59
  Everybody wants interest rates to go down.
• 2:01
  So let's say they lower rates. OK.
• 2:04
  And everybody cheers. Oh wow, wow, wow, wow.
• 2:08
  Think about this. What if they don't lower rates,
• 2:12
  which it doesn't appear that they're going to be doing
• 2:14
  anytime soon, but inflation goes up?
• 2:19
  Doesn't that result in the exact same real effect when we're
• 2:24
  talking about the real value of the US dollar?
• 2:28
  This is very critical for you to understand.
• 2:30
  So I'm going to show you again right now we're in equilibrium
• 2:34
  with inflation and with interest rates.
• 2:38
  Oh, lower interest rates, lower interest rates, right?
• 2:41
  That will make the value of the dollar go down.
• 2:44
  The real value that will make the value of silver and gold go
• 2:48
  up. But isn't that the same thing as
• 2:51
  them leaving interest rates where they are, but inflation
• 2:55
  going up, which it is? We know the real inflation
• 2:59
  numbers. We know what the tariffs are
• 3:01
  doing that will accomplish the same thing, and what it
• 3:05
  accomplishes is devaluation of the dollar.
• 3:09
  It creates an environment where you go to the grocery store and
• 3:13
  everything cost twice as much than it does already.
• 3:16
  Right now, we know that's happening.
• 3:18
  We know that's the fact, right, because the dollar is backed by
• 3:22
  nothing but debt at this point. We're not going to get into a
• 3:26
  lengthy discussion because I got to tell you what's going to
• 3:28
  happen in the stock market and a few other things as well.
• 3:32
  But we know that it's happening right before our very eyes, that
• 3:35
  on a large scale geopolitical level, the world is changing
• 3:40
  right now, guys. It's real.
• 3:43
  It's happening like no other time in history.
• 3:46
  China, Russia, the BRICS countries, none of that has gone
• 3:50
  away. And this right is the exact
• 3:52
  reason why we need to look no further than right here to see
• 4:00
  why we're not going to spend a ton of time here.
• 4:03
  But 30 we're approaching now 37 trillion with AT in debt.
• 4:08
  OK, let's just for fun go look over here and we've got a dollar
• 4:12
  to silver ratio of over 1000. Yes, that's correct.
• 4:17
  OK. For each one ounce of silver
• 4:19
  that's being produced this year, the US government is creating
• 4:23
  through the M2 money supply over 1000 dollars.
• 4:29
  So don't forget, right, that's point number one.
• 4:31
  We got two more critical points to talk about, but point number
• 4:35
  one is being it doesn't really matter what the Fed says or
• 4:40
  does. And this idea that we need to
• 4:42
  have lower interest rates, right, for the silver and gold
• 4:45
  price to go crazy is not true, right?
• 4:49
  If we keep rates where they are, but inflation continues to go
• 4:52
  up, that that effectively creates the same environment as
• 4:58
  inflation staying the same in rates being lowered.
• 5:02
  So buckle up, butter cups, right, Because we are in for a
• 5:05
  wild, wild ride in the next 5 to 10 years with precious metals.
• 5:10
  Let's move on. OK, Big warning.
• 5:13
  We got a big warning. OK, think about this.
• 5:16
  Take a step back. Put your thinking cap on.
• 5:18
  If yesterday. OK, If yesterday, Jerome Powell,
• 5:22
  our old buddy, let's get him out here.
• 5:24
  There he is, huh? Yeah, right.
• 5:26
  We, we, they, they have their FOMC meetings, but we have our
• 5:30
  own Jerome in the box, complete with his toilet paper printing
• 5:34
  press. If he puts out basically a
• 5:38
  warning yesterday that, yes, we're having issues with
• 5:43
  unemployment, the economy is slowing that yes, OK, we have
• 5:47
  issues with inflation, I want you to take a step back and
• 5:51
  think about this. If he's saying that, remember
• 5:55
  something right, keep both your feet on the ground cuz this
• 5:58
  one's going to take the hit, hit you pretty hard.
• 6:01
  If he's saying that right, he is paid to be the most optimistic.
• 6:06
  He always paints the rosiest of pictures.
• 6:10
  He's like the CEO of a Fortune 500 company.
• 6:13
  They're always going to paint the most rosy, optimistic
• 6:17
  picture possible. So if the rosiest, most
• 6:21
  optimistic picture that Jerome can paint, right, is rising
• 6:27
  unemployment, rising inflation, and even when it's far, I didn't
• 6:32
  even watch them because it doesn't matter.
• 6:34
  But I'm pretty sure that even when it's far as to say the S
• 6:38
  word, who knows what the S word is?
• 6:41
  Who remembers, huh? Yeah.
• 6:45
  Basement dwellers. We've been down here banging the
• 6:47
  table. I can't bang it too hard.
• 6:49
  There's a lot of stuff on it for two years about the S word
• 6:54
  stagflation. If he's saying that right, and
• 6:59
  this is the guy who gets paid to be the most optimistic and say
• 7:03
  the most rosiest things ever, you better believe that we are
• 7:06
  in a state of crisis. Uh oh, hold on.
• 7:11
  Somebody called me from Arizona. Wonder what they're trying to
• 7:14
  sell me. Anyway, we are in a state of
• 7:16
  crisis right now and it's no laughing matter.
• 7:20
  Again, what it has to do with is this right?
• 7:25
  That's not it here. Oh, I got to show you this in
• 7:28
  one second. Wait till you see this.
• 7:30
  It has to do with this right? Paper money.
• 7:34
  It has to do with the abuse, right, of our politicians over
• 7:37
  the last number of decades. Not a political statement, but
• 7:40
  we are in a big state of crisis. By the way, did you know this
• 7:45
  is, is this a dollar? No, guys, this is not a dollar.
• 7:49
  That is if you look on the bottom or no, I'm sorry on the
• 7:53
  top it says make sure if they can see that silver certificate.
• 7:57
  Yeah, right. The dollar used to be backed by
• 8:00
  silver and gold. That was pre crisis days.
• 8:05
  Don't forget they took us off the gold standard, but only
• 8:08
  temporarily. So that's our big warning.
• 8:10
  Stagflation is coming. Look, I know you grow tired of
• 8:15
  hearing me tell you this, but it's true.
• 8:17
  The last time we had stagflation in the United States was the
• 8:20
  1970s. Guess what happened to the gold
• 8:23
  and silver price? Are you smiling?
• 8:25
  Because you should be smiling, right?
• 8:27
  Gold and silver absolutely skyrocketed.
• 8:30
  Hello. Hold on.
• 8:32
  Knock, knock, knock. Are you in there?
• 8:34
  Are you realizing this? Right?
• 8:36
  This guy last time, you're going to see him today.
• 8:39
  This guy yesterday told you that we are in stagflation.
• 8:44
  I told you two years ago, I made this box 2 years ago, right?
• 8:48
  Inflation on one side and a recession on the other, right?
• 8:52
  The the problem for the Fed with all of this.
• 8:55
  I'm not saying I told you so, but I did tell you so about
• 8:58
  that. OK?
• 8:59
  I warned you we talked about $3000 gold.
• 9:03
  We hit that right now I'm talking about $60.00 silver.
• 9:06
  And I know some of you out there will say, oh, Ron's a pumper,
• 9:09
  Ron's a paid show, blah blah. Just like you said when I talked
• 9:13
  about $2500 gold and $3000 gold. Well, guess what?
• 9:18
  Butter cups, huh? We're headed for $60.00 silver
• 9:23
  and I predicted by April first I could be wrong, right?
• 9:26
  Occasionally I am, like 33.6% of the time.
• 9:31
  However I feel it. It's my right as an American
• 9:34
  citizen to express my opinion, but I feel it based on extensive
• 9:39
  research over decades in the precious metals, $60.00 silver
• 9:44
  by April first. There was something else I
• 9:46
  wanted to say. Oh yeah, the problem, a little
• 9:49
  bit of education for you with this.
• 9:51
  When Jerome has a recession and inflation, right?
• 9:56
  To fight the recession, he's got a lower rates that makes the
• 9:59
  inflation problem gets worse, which means he he needs to raise
• 10:03
  rates. Well, that makes the recession
• 10:05
  you see, right. It's like a, it's like, it's
• 10:07
  like the debt spiral on the darn U.S. debt clock, right?
• 10:11
  That's the reality, guys. Look, we joke around, but this
• 10:14
  is serious, serious trouble, serious business.
• 10:17
  It is a crisis again. Let's recap if the Fed, if the
• 10:23
  Fed is talking about stagflationary environment,
• 10:28
  right? the Fed paints the rosiest of
• 10:32
  pictures. But that sank in for just a few
• 10:36
  seconds. So you want to know, I know you
• 10:37
  want to know what's going to happen in the stock market.
• 10:41
  This happened in the 70s. It's the 70s all over again.
• 10:44
  The stock market isn't going to do anything.
• 10:46
  Now that does not include the precious metal mining stocks.
• 10:49
  I think they can do extremely well like they did during that
• 10:53
  period as well. However, the general markets, I
• 10:56
  think, again, don't make any financial decisions based on
• 10:59
  anything I'm saying. I'm not a financial advisor, but
• 11:04
  I'm usually right and I'm going to share that with you in one
• 11:06
  second. I almost forgot.
• 11:07
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• 11:11
  Ledger, OK? They are the hardware wallet,
• 11:16
  cryptocurrency security leader and moon pay.
• 11:20
  They are the fintech leader. They are the on ramp for
• 11:25
  millions of people from Fiat into crypto and actually on moon
• 11:29
  pay. Now you can buy digital gold,
• 11:31
  Tether gold XAUT, right? XAUT combines a lot of the
• 11:36
  benefits, a lot of the benefits of owning physical metal with
• 11:40
  owning digital tokenized metal and it is backed 100% by real
• 11:46
  gold and a vault in Switzerland, LBMA, London Bullion Market
• 11:50
  association, right, good for delivery bars.
• 11:53
  All right, let's talk about the stock market.
• 11:55
  The stock market, this is easy. I I know, I know, right?
• 11:59
  This was maybe a little hard. I had to put your thinking cap
• 12:02
  on, right? But this is easy.
• 12:05
  Stock market in a stagflationary environment stinks.
• 12:09
  Because think about it, if you're running a company and
• 12:13
  you're in a stagnant, in a stagnant economy, a recessionary
• 12:17
  economy, your sales are going down.
• 12:25
  It's the same time that your sales are going down because
• 12:29
  we're in a recession, your cost and expenses, because we're in
• 12:35
  an inflationary environment and stagflation are going up.
• 12:39
  So if you have sales going down and expenses going up, you don't
• 12:43
  have to be an ex BIG4 accountant like I am to realize your
• 12:47
  profits are disappearing. Poof, whammo, gone.
• 12:50
  And when your profits disappear, all right, and this is overall
• 12:55
  when you aggregate all what's going on in all the big
• 12:58
  companies, all the Fortune 500, right?
• 13:00
  But when that's going on, right, the stock market in general will
• 13:05
  struggle. I predict in in in nominal terms
• 13:11
  that the stock market will be very challenged over the next 5
• 13:14
  to 10 years. And on top of that, in real
• 13:18
  terms, in terms of real buying power, it's going to be a wake
• 13:21
  up call for millions and millions of people.
• 13:24
  Everybody all that remember those, the sheeple that believe
• 13:30
  in paper money, right? And they also believe all you
• 13:34
  got to do is put your money in the stock market.
• 13:36
  It only goes up. That's what my financial advisor
• 13:40
  tells me. Now, I'm not a financial
• 13:42
  advisor. I'm not telling you what to do.
• 13:45
  But the sheeple, they all believe, right?
• 13:50
  That the market always comes back and you just get richer and
• 13:52
  richer and richer. I got news for you.
• 13:55
  Those days are gone. That can't go on forever.
• 13:59
  It was a golden age to be investing in the S&P 500 or the
• 14:03
  Wilshire 2000 or the NASDAQ or anything over the last 20 to 30
• 14:07
  years. I'll give you that.
• 14:09
  OK, But it's a bubble bubble, OK, Bubble, bubble.
• 14:14
  And and top names top people are saying right be prepared be
• 14:21
  prepared for another big market pull backs.
• 14:24
  It can't go on forever guys and the gig is up.
• 14:29
  Let me give you a little news, right?
• 14:31
  If you heard the news, I think give you the reason why the gig
• 14:33
  is up. Because for decades after Nixon
• 14:36
  took us off the gold standard in 1971, member President Richard
• 14:39
  Nixon, right, we're temporarily, I'm going to take the United
• 14:44
  States off the gold standard. I was one years old, my mom
• 14:48
  remembers. I screamed and cried and threw
• 14:50
  my binkies at the television, the whole 9 yards temporarily
• 14:54
  was going to take us off the gold standard.
• 14:56
  Well, it's been what, I don't know, 50-5 years.
• 14:59
  We never went back, right? Because during that period, the
• 15:03
  United States enjoyed a big benefit of being the world
• 15:06
  reserve currency, the world power, right?
• 15:09
  The only thing going on then was the Cold War.
• 15:11
  We won the Cold War. We became like the hegemony, the
• 15:15
  hegemony. The hegemony, I can't say that
• 15:19
  word. That's all right.
• 15:20
  We've been, we wrote the rules for the world for several
• 15:24
  decades. Over the last five years,
• 15:27
  unfortunately, because our elected officials somewhat
• 15:31
  somewhat abused that privilege, the rest of the world has said,
• 15:37
  sorry guys, enough is enough. I mean, what we basically did,
• 15:42
  whether you look at the Middle East with Saudi Arabia or China,
• 15:46
  right as we told those countries like, hey, we'll buy your oil,
• 15:50
  we'll buy your manufacturer. We'll we'll destroy the American
• 15:53
  middle class and send all of our manufacturing jobs over to you
• 15:57
  so we can make a the quick buck. You can sell us all your Chinese
• 16:02
  manufactured goods. We'll buy all your oil.
• 16:04
  But there's a catch, OK? All right, That money we pay
• 16:08
  you, those dollars we give you, we're going to export the
• 16:12
  dollar. That's what exporting the dollar
• 16:14
  is. We bought all the oil.
• 16:15
  We bought all the Chinese stuff, but you gotta buy U.S.
• 16:20
  Treasury debt. We're gonna go in debt to buy
• 16:23
  all your stuff. So you're gonna make stuff,
• 16:25
  you're gonna give it to us, we're gonna send you dollars,
• 16:28
  and then you're gonna loan those dollars back to us so that we
• 16:32
  can buy more stuff. What a deal, right?
• 16:35
  Drive around, drive around your neighborhood on a Sunday night.
• 16:38
  We're at the very end. The world is saying enough is
• 16:42
  enough. They can they they've wised up
• 16:45
  right? And we pushed it way too far
• 16:48
  right. So as we move into these coming
• 16:51
  years, right, as we the Fed, all the talk, all the stuff, all
• 16:56
  this focus on the Fed, what we really need to be focused on is
• 17:00
  the real value of the US dollar, which mathematically it's an
• 17:05
  uncertainty whether they raise rates, lower rates.
• 17:08
  What if inflation goes to 20% and they and they only raise
• 17:12
  rates to 10%, right? The fact is they can't raise
• 17:16
  rates anymore because the debt's so big.
• 17:19
  We are just up a Creek without a paddle.
• 17:21
  I don't want to be negative guys, but there's really no way
• 17:25
  out of this situation. We talked about it five years
• 17:28
  ago. We talked about it a year ago,
• 17:30
  two years ago. It's really downright scary when
• 17:34
  it comes to the vet. And at the same time, on a
• 17:37
  geopolitical level, we've got the world pulling the plug,
• 17:41
  right? Changing, right?
• 17:42
  We know some people are talking about this Basil Three thing
• 17:46
  coming up in July. We know that there's another big
• 17:49
  bricks meeting coming up, right? We know that there's a trade war
• 17:54
  going on in the world right now. Are you scared yet?
• 18:01
  Are you? Well, look, you make any
• 18:05
  decisions you want. I, you know, I I give you my
• 18:08
  opinion. You've got a good head on your
• 18:10
  shoulders. Listen to me.
• 18:11
  Listen to other people. Make your own decisions.
• 18:14
  I know one thing for sure and I think I'm underestimating where
• 18:19
  the silver price could be on April first.
• 18:22
  I've been very public predicting $60.00 silver on April 1st.
• 18:26
  If I'm wrong, trust me, Susie will remind me right and make
• 18:30
  sure that I publicly say I admit that I'm wrong and I could be
• 18:34
  wrong, but I know, I know that that could also be a very low
• 18:40
  estimate as to where the silver price will be.
• 18:42
  You guys want to say hi to Susie?
• 18:44
  Susie's going to say hi. I'm going to check with her.
• 18:46
  One quick thing. Hold on.
• 18:48
  This is Susie on the walkie-talkie.
• 18:51
  Hey, Susie, are you there over I'm here.
• 18:56
  Could you please make a note to remind me that on April 1st, if
• 18:59
  the silver price is not $60.00, that I need to publicly
• 19:03
  apologize to the precious metals community?
• 19:06
  Eric, don't you worry, I'll be right on that.
• 19:12
  All right, All right, guys, we'll see how this all plays
• 19:16
  out. I don't know, let's maybe an
• 19:21
  announcement. OK, All right.
• 19:24
  I love. Yeah.
• 19:24
  We may have a new sponsor coming on on the silver and gold side
• 19:28
  of the content later in the week.
• 19:30
  May have a big announcement for you on that.
• 19:32
  It'll be. It'll be exciting.
• 19:33
  Oh, here. Yeah.
• 19:34
  You know what? You want to be a pirate?
• 19:36
  Do you like, do you love silver? Do you love gold?
• 19:38
  Do you have something else you want to store?
• 19:39
  Don't forget, guys, you might have a safe, right?
• 19:43
  You might have a safety deposit box.
• 19:46
  You might have precious metal stored in a vault in
• 19:48
  Switzerland. But if you want to be like a
• 19:50
  pirate and diversify where you store things, and I love this,
• 19:54
  the dirt, I'm sorry, The Dirty man safe, right?
• 19:58
  You store this, you bury this in your yard.
• 20:01
  Look, it comes with this big sleeve.
• 20:04
  You can go to the website and check it out.
• 20:06
  You bury it in your yard. It's got a cap that goes on it.
• 20:09
  And then this handle. See the handle.
• 20:13
  Can you see that? It's kind of hard to see.
• 20:15
  Anyway, there's a handle. You bury this and and, and you
• 20:19
  can store whatever it is, whatever floats your boat.
• 20:22
  I'm not going to, you know, whatever it is, but you can
• 20:24
  store it in your yard. This thing is so cool.
• 20:26
  This is actually The Dirty girl, which is their smallest version.
• 20:30
  This is, you know, look, I was like everybody else.
• 20:33
  I'm like, oh, it's a piece of PVC.
• 20:35
  No, I think it's patent pending at this point.
• 20:38
  This thing is cool, OK? And if you go check it out and
• 20:41
  decide you want to get one, don't forget there's a promo
• 20:44
  code where you save 10% Ron 10. Very, very interesting.
• 20:49
  You know, I think it's always smart, right?
• 20:52
  One thing about that, you know where it is, only you don't tell
• 20:56
  anybody where he's where you put it.
• 20:58
  But it's also safe from floods, fires, all that great stuff.
• 21:02
  So all right, guys, let's wrap it up.
• 21:05
  It's been great, It's been awesome.
• 21:07
  We are in, I'm telling you, I'm telling you, I believe that
• 21:12
  we're going to be in the situation with the metals,
• 21:16
  right? It already happened with gold,
• 21:18
  OK, But with silver now like silver and in the mining stocks
• 21:24
  in particular. And I think gold will continue
• 21:26
  to do very, very well, no doubt about it.
• 21:28
  But silver and the mining stocks are going to play catch up and
• 21:31
  then they're all going to go. I just, I believe that we're in
• 21:34
  for some wonderful good times. I think crypto could do continue
• 21:37
  to do very well in this environment.
• 21:40
  Also, let's go out and look real quick, real quick at the silver
• 21:45
  and go, oh, you know what else I want to look at?
• 21:47
  OK, All right, so gold down. I'm sorry.
• 21:51
  Yeah. Gold down $70.
• 21:52
  Oh, we're only at $3300. Gold.
• 21:55
  Silver down a penny. No 15 cents 32, 64.
• 22:01
  I wonder what the US markets are doing.
• 22:05
  Oh, wow. The Dow's up 1.4%.
• 22:08
  Interesting. There.
• 22:09
  Oh, yeah. I want to look.
• 22:10
  Let's go look at the dxy Look. And then I promise I'll be quiet
• 22:14
  and let you go for the rest of the day.
• 22:16
  Basement dwellers, did I tell you thank you for being here?
• 22:19
  Yeah, you. I hope you feel like right.
• 22:21
  You know, you found your little home away from home.
• 22:23
  You're welcome here in the basement, right?
• 22:25
  We love to talk about silver and gold.
• 22:27
  You belong here. Please like share, subscribe,
• 22:30
  super chat. Super thanks, super appreciated.
• 22:33
  Never expected. Let's go.
• 22:35
  Let's talk about the DXY index, which is the that's more BS than
• 22:40
  the Fed. OK, that compares the, the, the,
• 22:44
  the, the, the, the Fiat currencies of the world to
• 22:49
  themselves. It's like a, oh, I'm trying to
• 22:52
  think of something that's not gross to describe it.
• 22:54
  It's like an ugly duckling contest.
• 22:59
  It's like, it's like comparing the worst cars and the worst
• 23:03
  used car lot in your neighborhood contest.
• 23:05
  But we got this 100 critical level.
• 23:08
  Honestly, I haven't looked for a few days, so this will be news
• 23:11
  to me as well. Let's go see what's going on
• 23:14
  with the DXY index. And is it above 100?
• 23:20
  Oh boy, I'm cringing. We want it to be below 100.
• 23:24
  It's above 100. Wow.
• 23:26
  I hadn't looked for a few days. 100.6, So we'll see how that
• 23:30
  holds up. Some people are calling for the
• 23:33
  dollar to breakdown significantly below the 100
• 23:38
  level. That will be very bullish for
• 23:42
  the metals prices. We'll see how it all plays out.
• 23:44
  Thanks for being here. Have a great day.
• 23:46
  I'll look forward to seeing you. Yes, you next time.
• 23:49
  Thanks guys. Bye bye.