Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / SILVER Stackers and Gold BUGS! 🦍🦍 Listen to THESE Major NEWS Stories - Big TRUTH - COMEX, LBMA

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SILVER Stackers and Gold BUGS! 🦍🦍 Listen to THESE Major NEWS Stories - Big TRUTH - COMEX, LBMA · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

0:01
Silver and gold continue to make history.
0:04
It's Sunday night and we've got a shocker.
0:07
We got a lot to cover tonight in this video, guys, because what
0:10
we're looking at is how and why the silver and gold price can
0:15
continue to go much, much higher.
0:18
And there's a lot of big breaking news, a lot of pointers
0:21
that we're going to talk about, reasons and examples in this
0:24
video that point us in that direction.
0:27
We're going to talk about the silver billionaire.
0:29
Yes, he's at it again. I said something very powerful
0:33
to say. What about the silver shortage?
0:35
We're going to dive into that. Is it a shortage?
0:37
Is it silver stress? I'm talking about the retail
0:40
market. We're going to touch on this
0:42
idea that people are having a hard time selling their silver.
0:46
We'll talk about that. China dollar doom, the world
0:50
moving away from the dollar, very important.
0:54
And of course, the COMEX. But first, the most important
0:57
thing, thank you for joining me down here in the basement.
1:00
You're special, you're unique, you're one-of-a-kind.
1:03
Your time is valuable. Thank you, thank you, thank you.
1:06
Subscribing press the subscribe button.
1:08
It's free. We're almost to 75,000, which is
1:11
mind blowing, right? People are getting so interested
1:14
in gold and silver. Leave a comment in the comment
1:16
section, give the video a thumbs up, then we'll bring the golden
1:19
gong. And what else?
1:21
Super chats, never, never, never expected, but always super
1:27
appreciated. Let's go out and take a look at
1:29
what's happening right now in the gold and silver markets.
1:33
We will go to Kitco. Wow, unbelievable.
1:38
And we are going to take a look at the spot price.
1:42
Hold on here, make sure we got you up, which we do.
1:45
Wow guys absolutely unbelievable up $4.00 per oz and silver at
1:54
one O 739. But even more important well as
1:59
important today look at the OR the gold price.
2:03
Gold is over $5000. You know how and you know how
2:11
big that is because that guy right there, right the gold bear
2:15
for years had a blindfold on that said $2500.
2:19
People told me I was a a gold pumper.
2:22
I was a silver pumper. I was a crook, all these
2:25
horrible things. And I said that I would take the
2:27
blindfold off the gold bear. Notice no blindfold when the
2:31
gold price got the 2500 tonight, we're sitting at $5000 gold.
2:36
Now on a different note, do you, have you ever heard people
2:39
talking about this like I remember four or five years ago,
2:43
right? Leading minds in the world of
2:46
precious metals telling us that I don't know if I want to live
2:49
in a world with $5000 gold. Well, it feels pretty good to
2:52
me. I hope it feels pretty good to
2:54
you as well. And of course, the silver price,
2:57
just smashing it. Wow, wow.
3:00
Now warning, I got a big warning for you.
3:03
Please be prepared for volatility, big price swings.
3:07
Please always be responsible. Whether it's stocks, bonds,
3:11
mutual funds, gold, silver, cryptocurrency, real estate,
3:14
relationships, anything. Please be responsible.
3:17
Don't put yourself at too much risk.
3:19
But for right now, all systems are go.
3:23
We are living in truly epic, unbelievable times.
3:27
Let's look at some shocking examples of what's happening
3:30
right now, right as we are. Hold on here.
3:35
Oh, you know what? We'll come back to this.
3:36
I want to read that to you. There's a big reason why we want
3:38
We want to hear what Anthony Pompanello has to say.
3:43
Hold on one second, guys. There we go.
3:46
OK, We're up and running. And yeah, we are living in this
3:51
world right now. Want to hear something wild?
3:54
This is worth $100, 590% junk silver quarters, right?
4:04
And I think it's actually, I wrote it down, I did the math.
4:07
I think it's not. Maybe it is there now with the
4:10
increase in the price. But then we get this another way
4:13
to look at the same thing from Liberty Liz, great contributor
4:16
to the silver and gold community, but she there's 1A
4:20
nineteen 5490% quarter and she says next week there's a chance
4:26
this will be the new $20 bill. Think about that, right, I'm
4:35
sorry in 1964 quarter had you or me or our grand, our parents or
4:40
grandparents kept that 1964. If you'd have told them in 1964
4:46
that that quarter would be worth $20 in 2025, they would have
4:52
thought we were crazy. But wait, there's more a little
4:54
bonus segment because this right beautiful one ounce silver coin
5:01
from first met our channel sponsor.
5:04
That's the that's the new $100 bill.
5:06
I don't have any $100 bills down here.
5:08
OK. Or another way to look at it is
5:12
this like we talked about yesterday, paper dollar is now
5:16
one 100th of an ounce of silver. OK.
5:20
It's not because the silver price is going up, it's because
5:23
the value of this is going down. And later, I've got some
5:27
shocking news coming out from leading leading a journal
5:31
journalist telling us that this is really happening.
5:34
OK, the debasement trade, but they've got another term for it
5:38
as well. But take a little bit.
5:39
Hey, pat yourself on your back. OK?
5:42
You've done a great job if you've been invested in gold and
5:45
silver. Not bragging, not taking a
5:47
victory lap, but because of what this guy has to say.
5:50
And it's so important that we point out who he is and what he
5:55
says to you and me. Silver and gold stackers.
5:59
And this is from a guy named name Anthony Pompanello.
6:04
Make sure I've got that up, which I believe I do this
6:07
Anthony Pompanello guys, this is happening.
6:10
This is huge, right? That that first layer, what of
6:13
what I would call almost mainstream media is catching on.
6:17
He has 1.8 million followers on the X platform.
6:22
That is huge. I just want to read this to you.
6:24
It's short and it's to you and me, he says.
6:27
And he's not he's not a big time silver and gold bug.
6:31
He's not a guy that puts out content everyday about silver
6:34
and gold. OK.
6:35
What he says is I'm genuinely happy for the investors holding
6:39
gold, silver, copper, platinum and other metals.
6:42
Many of these folks are not only incredibly smart, but they've
6:47
had conviction for from years they continued buying when their
6:52
trade was out of favor. They had done the work though,
6:55
and realized where the market was mispriced.
6:59
Financial markets can be tough at times.
7:01
Guys. We went through the valley of
7:03
despair right? The, the, the, the dry desert
7:07
for silver investors and gold investors as well, but
7:11
especially silver investors for years and years.
7:14
OK, so times were tough. However, they will reward those
7:18
who are right, regardless of how long it takes the market, it
7:21
ultimately finds the truth. And right now, the investors
7:25
holding the metals are, are, are are reaping the rewards.
7:29
What about, what about you, huh? So congratulations, right?
7:34
Congratulations. We are in a new world, a new
7:37
paradigm for the gold price and the silver price.
7:41
Even if we have a pullback, right?
7:44
OK, thank you, Susie. Even if we have a pullback,
7:47
right, the, let's say I look 70, eighty, $80, even $60.00.
7:52
I'm not saying it's going to happen, OK?
7:55
I don't want it to happen, but wherever, maybe we consolidate,
7:58
we're going to consolidate at some point, right?
8:01
Maybe it's above $100 per oz, who knows, maybe it's at $120.00
8:05
per oz. But nonetheless, think about one
8:08
year ago today when we were down here together talking about gold
8:12
and silver and we had a price of about 30 dollars, $35 per oz.
8:19
We are in a new world. The world has changed and it's a
8:22
big, big deal. Let's talk about our friend, the
8:24
silver billionaire, David Bateman.
8:27
He said something. He's a smart guy, obviously,
8:30
right? Anybody who acquires that much
8:32
wealth and does it on their own is smart.
8:35
And he's a big bowl, a big supporter of the precious
8:39
metals. But he he said he dropped the
8:41
truth. It's called the truth bomb,
8:43
right? He he said something that is so
8:46
simple yet so powerful. And without further ado, I'm
8:50
going to share that with you right now.
8:52
Mr. Bateman had this to say. Let's find it.
8:57
Here it is right here. David Bateman said one sentence.
9:04
When it comes to gold and silver, only invest the money
9:10
that you want to keep. So we get that question all the
9:15
time, right? And I'll tell you why that's so
9:18
powerful. How much should I invest in gold
9:20
and silver? Look, I'm not a financial
9:22
advisor. I already told you that, You
9:24
know that. All that good stuff.
9:26
But David Bateman has a very powerful, a very clear way to
9:30
think about it. Only invest the money into gold
9:32
and silver that you want to keep.
9:34
Because the reality is, guys, since 1971, when President Nixon
9:38
took us off the gold standard in this country, right, the dollar
9:42
has lost. This thing got my old handy
9:45
dollar prop. This thing has lost 99 Percent,
9:50
99% of its buying power compared to gold, probably more like
9:55
99.4% now or something like that. 98 percent, 99%.
10:00
You hear different numbers, but the the story is basically paper
10:04
is paper. OK?
10:06
Or maybe it's Lennon, I don't know.
10:07
People correct me and say it's not actually paper is linen, you
10:10
know, you get the point. This can be printed into
10:13
Infinity. Gold and silver cannot.
10:15
And what Mr. Bateman says is simple and powerful.
10:19
He has 13 million ounces of silver that he acquired over, I
10:23
think just the last year, OK, because he dug in and he used
10:27
his head and he learned about the Fiat money system.
10:31
He learned about the national debt.
10:33
He learned about the interest expense.
10:34
He knows that in the coming year, our government has to
10:37
refinance 11 or $12 trillion of debt, and they're going to have
10:42
to do that at higher interest rates and they're going to do it
10:45
on a short term basis anyway, that the interest expense is
10:48
going to skyrocket. That's going to make our deficit
10:50
go higher. That's going to make our debt go
10:52
higher, which is going to continue to feed the debt spiral
10:57
that we are in right now. So I'll say it one more time.
11:00
I think that's one of the most powerful statements when it
11:03
comes to how much you invest in silver and gold.
11:06
Only invest the amount of money that you want to keep.
11:08
Thank you, Mr. Bateman, for that.
11:10
Let's talk about we got all this news out there.
11:14
People are saying that they're there's and there's a lot of
11:16
controversy surrounding this, that that they can't sell their
11:20
silver, right? Or that they're being offered
11:22
30% below spot. We're going to talk about that.
11:25
First, I want to say thank you to 1st Mint for sponsoring Ron's
11:29
basement. They are a silver specialist
11:32
mint in the United States in Las Vegas, NV.
11:36
They get their silver though, from the company that owns them
11:40
First Majestic Silver. They mined the silver in Mexico.
11:43
It goes to Las Vegas, NV and then it goes straight to you.
11:47
Never gets touched by the Comex or the LBMA or anything like
11:51
that. From the mine to the meant to
11:53
you. And they are the silver
11:56
specialist. They're they're creations.
11:58
Here's the 10 oz Folds of Honor bar.
12:01
You can check that out on their website.
12:03
I'll show you that in just one second.
12:04
This actually benefits the Folds of Honor Foundation, which gives
12:08
academic scholarships to children and spouses of fallen
12:11
and deceased members of the first responder in military
12:15
communities. Let's go check out first meant.
12:18
I don't know that the discount code hold on here is working
12:22
right now but here's the first meant website.
12:25
There's their store bars rounds in the Folds of Honor campaign
12:28
free shipping on orders over $299.
12:32
I mean, what you got to buy like 3 oz now to get free shipping.
12:35
We talked about that yesterday, but let's talk about this story
12:41
going around. It's causing a lot of fear
12:43
within the silver stacking community in particular that
12:47
people are having a hard time selling their silver back.
12:50
I think and I'll and I'll my local coin shop, which is huge.
12:55
I went on their website Friday, Friday night and they had a big
12:58
red box on there saying that they were suspending buybacks
13:01
because the market basically is so screwed up right now.
13:05
OK. The market is under massive,
13:08
massive the stress, OK, the refiners in the United States,
13:12
although China actually refines the vast majority of this world
13:15
silver 60 to 70%. There's so much stress, there's
13:20
so much demand, there's so much going on right now in the silver
13:24
market that I'm not at all concerned.
13:27
I think that as the as the market kind of settles down
13:31
moving forward, there's a reason why the silver price is over
13:36
$100, guys. That's because people are buying
13:40
it at that level. If you want to sell your silver,
13:43
just get on an airplane and go over to China.
13:45
Apparently the recyclers in China are probably now paying.
13:48
It was 112 yesterday, probably paying $115.00 an ounce for
13:54
physical silver. I understand the concern that
13:58
some people have that, oh, I can't sell my silver.
14:00
What? You know, I get it, OK.
14:02
And there's, I think some, some, some, I'll emphasize some truth
14:07
in that, but it's a very controversial subject right now
14:11
in the stacking community. And I do believe that as this
14:15
market settles down in the supply channels normalize, we're
14:20
going to be normalizing in a whole new price environment.
14:23
Remember, the big critical thing that we know happening right now
14:28
is that this is not a paper driven spike, a speculative
14:34
spike or a short squeeze spike of what's going on.
14:38
This is a physical driven rally in the price of silver, way
14:43
different than 2011, way different than 19, 1880, okay.
14:49
And if you look at the nominal price of silver compared to
14:52
those levels, we still got a long way to go.
14:55
And people are talking about the gold to silver ratio, you know
14:58
getting to 30. I even hear top analysts talking
15:01
about it getting to 15. I, I don't know, guys, I'm, I'm
15:04
not worried about it. But me personally, as I've told
15:07
you many times, any silver that I've bought over the years, I
15:10
never plan on selling any of it. To me, it's a generational
15:14
investment. And like Mr. Bateman said,
15:16
right, just just hold whatever money you want in silver or
15:20
gold, just hold the money you want to keep in those metals.
15:23
I mean, that's the other thing that I look at people ask about
15:27
selling silver, like I'm not really good at telling you how
15:30
to sell silver. I'll be completely honest
15:31
because like I said, I've never really sold any silver.
15:34
I know that you want to shop around.
15:36
I would definitely say that I don't think that right now is a
15:39
great time to be selling silver. But the question is, and do you
15:44
struggle with this? Because I struggle with it.
15:46
It's like if I were to sell some of my silver, OK, I don't keep
15:50
it here at the house, would be a pain in the rear to go get it
15:53
anyway and all that stuff. But on top of that, and I, I
15:56
feel the same way about the mining stocks that I own.
16:00
If I were to sell those, what am I going to get for it?
16:02
U.S. dollars and do I want to hold U.S. dollars?
16:05
What do I want to buy general? Do I want to buy NVIDIA or
16:09
Apple? I mean, think like you really
16:11
got to have a strategy like maybe buy a farm or buy, I don't
16:15
know, right? Real estate in general, I think
16:18
farmland may be a good investment, but real, the point
16:22
is like, and that's why like that, that conundrum that we
16:26
face, like, OK, if I want to cash out of some silver or
16:30
mining stock, where are we going to put the money?
16:33
But it's not just you and me. Think about this.
16:35
This is a powerful force that's happening right now.
16:40
It's other people out there that are starting to look around and
16:43
say, well, the stock market's really overvalued.
16:46
The bond market isn't doing well.
16:48
It's been going down, down, down.
16:50
Real estate feels like it's in a bubble.
16:52
Where am I going to put my money, right?
16:54
And so more and more people like was we think about selling
16:58
silver or gold and can't decide what we would do with the money.
17:02
A lot of other people, the other 98% of the people out there that
17:06
are getting nervous are looking around and saying where am I
17:09
going to put my money? And I think a lot of them are
17:12
moving to silver and gold. Max Keiser, Remember Max Keiser,
17:17
if you've been in gold and silver for a long time, he was
17:19
one of those gold and silver gurus.
17:21
Then he went over to crypto, became a big Bitcoin maximalist.
17:25
Well, now he's talking about gold and silver again, and he
17:28
has something very interesting to say about China.
17:31
We're going to get to that next. I do want to say thank you right
17:34
there to 1st Mining Gold. They're a development stage gold
17:39
company in Canada, right? Two huge projects, Spring Pole
17:44
in Ontario and Du Parquet in Quebec.
17:46
I actually went to the Du Parquet project up in Quebec.
17:50
It's there, it's real, there's real gold in the ground and
17:53
we're talking millions of Oz at both of those projects guys.
17:58
The reality is there just aren't a lot of big multi million ounce
18:02
development stage projects in great jurisdictions in Canada
18:07
with all this geopolitical strife going on in the world,
18:10
right where countries aren't aren't trusting each other
18:12
anymore. Canada is being and there's like
18:15
mining changes that are going on, more mining friendly
18:19
government forces in Canada. Canada's becoming a top tier
18:24
jurisdiction for gold mining. OK, so you can learn more about
18:28
first mining gold. Excuse me at
18:31
firstmininggold.com. Let's go see what Max Kaiser had
18:34
to say. He's an interesting character,
18:37
but he's got. Hold on.
18:38
I'm all over the place today. Oh, you know what?
18:41
Before we do that, there's Bateman.
18:43
Hold on. Bear with me.
18:47
Let's talk about the shortage. We'll come back to that.
18:51
We'll come back to this, to the shortage.
18:53
Let's go see what Max Kaiser had to say.
18:55
Here is this. The Silver Academy puts out this
18:58
article. Max Keiser says, quote, the
19:03
Chinese are short squeezing silver in ways that are up
19:07
ending the global monetary order.
19:10
And there's a real simple, easy to understand factor that's
19:15
making this the case right now, says yesterday around noon, Max
19:19
Keiser writes, the Chinese are short squeezing silver in ways
19:23
that are up ending the global monetary order.
19:25
There it is right there. And then here, Speaking of
19:28
China, their Shanghai Gold Exchange price is now almost
19:31
$115.00. I don't know what it is tonight.
19:34
Maybe somebody can look it up and put it in the chat.
19:37
Hint, you know, now you know what silver will be next week in
19:42
the United States. Two powerful facts that we need
19:45
to talk about in regard to this. OK #1 the Chinese, we talked
19:52
about this down here in the basement 5 weeks ago, six weeks
19:55
ago, when the price of silver for a little bit of there was a
19:59
short period of time where the Shanghai Gold Exchange price and
20:03
the COMEX and the LBMA price were right at the same level and
20:07
we set it down here together. We said that is a good sign.
20:12
That means that the Shanghai Gold Exchange that proves is now
20:16
setting the price because previously there's been a big
20:19
premium now once. But again, there's a big premium
20:22
for physical silver. Physical.
20:25
The Shanghai Gold Exchange is a physical market, OK?
20:30
It's like a vacuum now. It's vacuuming in all the
20:34
silver, which some people speculate might be the reason
20:37
why all the refiners are so backed up in the United States,
20:40
right? They're putting the silver on
20:41
boats and airplanes and shipping it over to China.
20:45
OK, It's a very, very powerful fact.
20:47
But there's another interesting thing going on with China right
20:51
now. According to multiple sources,
20:53
the Chinese are printing money like crazy.
20:56
I saw a statistic last night that the Chinese yuan was like
21:00
the it's like $48 trillion in their money supply and that
21:05
they're printing that. They're actually doing QE right
21:07
now. Why that is so important is
21:11
because the think about the Chinese, they're pretty smart
21:14
what they're doing. They're printing money, OK?
21:18
They just turn on their printing press and they're not using it
21:21
for wars or or whatever. No, they're printing money and
21:27
buying physical assets. Physical metals.
21:31
OK, Platinum, gold. Oh, in that other one, silver.
21:37
OK. So there's two big reasons why
21:39
the Chinese are are are, like Max says, are taking over.
21:43
This is a new paradigm. And we're not even talking about
21:46
India and that book, the big rally that we had in 1980, the
21:55
big rally that we had in silver in 2011, those were different
21:59
speculative short squeeze, short term driven events.
22:05
This time it is physical. We cannot pound that back home
22:10
enough, OK. And it's being driven by the
22:13
Chinese in the in India. Think back to 1980, China and
22:18
India were nothing, and I mean they were very small, a small
22:21
fraction from in terms of economic and geopolitical power
22:25
as compared to where they are today.
22:27
Even 1514, 15/15/2020 6:15 years ago, right, China and India were
22:36
nothing like they are today. Now they both are countries that
22:40
have 1.31 point 4 billion people each.
22:44
Both their economies are expanding much more rapidly than
22:49
we have in the United States and India alone.
22:52
There's a statistic that says in the next 5 years, 100 million
22:57
people will be entering the consumer class.
23:00
That means they will have disposable income.
23:03
Guys, Indian people love gold and silver.
23:06
I got a lot of Indian friends. I've got some on the live stream
23:09
now, but my kids and go to school with.
23:11
They're smart people. They're family.
23:17
OK, Thank you, Susie upstairs. Susie has requested.
23:20
That's my lovely wife. Everybody say hi.
23:22
She communicates on the walkie-talkie.
23:25
I will recognize the Super chats and I will say hi to some people
23:28
because we are all over the world.
23:30
But the Indian people love gold and silver and they're getting
23:36
rich, right? They're smart, hard working
23:38
people, resourceful Chinese people love think about it.
23:43
What about the United States sheep noise warning, right where
23:47
98 percent, 96% I'm I say, I say this affectionately, OK, really
23:54
right. Like you right.
23:55
As a person who understands what's going on in the world
23:58
monetary in fiscal systems right now, you are an exception to the
24:02
rule. Most people don't care.
24:05
They watch CNN for 25 minutes a day, right?
24:08
They don't get it right. Those people we affectionately
24:11
refer to and what I mean this in a nice way, the sheeple and and
24:19
look when they join in and they're starting to join in.
24:24
We got the first layer of mainstream media.
24:26
The guy that we talked about earlier, Anthony Pimpinella,
24:30
right, Tucker Carlsons, another one with millions of followers.
24:34
He's talking about gold and silver, all these, this first
24:37
layer, but it hasn't hit CNBC, It hasn't hit Yahoo Finance, it
24:43
hasn't been talked about on CNBC, right.
24:46
They ignore gold and silver. And that's actually a good thing
24:50
because that, my friends, is a massive opportunity, right, for
24:55
more people, right? That herd of people out there
24:58
that aren't in the West that aren't invested in silver and
25:01
gold to join us. And when they come, you know,
25:04
there's just not going to be any available.
25:06
It's it's crazy. What's going on?
25:08
OK, let's have some fun. Oh, no, wait, wait, wait, wait.
25:13
We're going to have some fun next.
25:15
But first we're going to talk about is there a shortage of
25:19
silver? Look, I remember you probably
25:23
remember this as well several times in the last what, 15
25:26
years, 10 years when there was no silver available, the online
25:31
bullion dealers would have messages on their screen saying
25:36
it's going to take 6 to 8 weeks for you put an order in, you
25:39
lock in your price and you'll get your silver in six to eight
25:42
weeks. Do you remember going to your
25:44
LCS, your local coin shop and walking in and all the, all the
25:48
cases were bare, right? That's really, that was a retail
25:54
silver shortage. This is actually a good thing
25:58
that we don't necessarily have that.
26:00
Now we're there is stress, no doubt, OK, in the silver market,
26:04
there's stress, but it's not a shortage.
26:07
And I'm going to tell you why that's a really good thing in
26:10
just a second. But we're getting reports like
26:12
this, right? This is from JM.
26:15
This is a screenshot of JM Bullion from Weimar Silver
26:19
Baron. Believe it.
26:21
It was last night and I went out and checked it out for myself.
26:24
It was January 24th at 12:00 PM, around noon, right?
26:29
10 oz bars. To me, 10 oz bars are important
26:32
to follow. I think they're like the
26:34
bellwether of silver. Yeah, we can talk about American
26:37
Silver Eagles rounds, 100 oz bars, 1000 oz bars, but to me,
26:41
I've always wholeheartedly believed that 10 oz bars are
26:44
kind of the bellwether are you can watch 10 oz bars.
26:47
And JM Bullion was completely sold out basically at that time.
26:52
I looked a little bit later or earlier this morning and that
26:56
was still the case. But then I went out to some of
26:59
the other online bullion dealers.
27:02
Hold on here, see if I can pull up.
27:06
Yeah, there was another one. Sorry.
27:09
There was another one from that guy, Larry Leopard that showed
27:12
the, I think the Texas something gold and silver and all the
27:16
monster boxes of all the sovereign coins were sold out.
27:20
But guys, there still is silver out there, no doubt about it.
27:24
Is there stress in the market? Yes, absolutely.
27:27
OK. But there's a reason why that's
27:29
a good thing that we don't have this retail shortage yet, OK?
27:33
Because what it shows us again, what we just talked about, it
27:38
corroborates what we just talked about.
27:42
The Western retail investors, who I believe will become a
27:46
major force in the silver market, really haven't woken up
27:52
yet. OK, But you've woken up and this
27:54
next cartoon is special for you. This is a great one.
27:59
This is a funny one. This is for you.
28:01
That it, that you maybe who have invested in silver for years and
28:05
years. You went through the, the, the,
28:07
the, the, the, the, the dry desert, the valley of despair.
28:11
But things are changing now. And let me pull it up for you.
28:17
Nope. Wrong 1.
28:18
Hold on, there it is. OK, This came from the silver
28:22
crusader. It says soon, OK.
28:24
And there's the dad, that's you. And there's your little
28:27
daughter. She says, daddy, how did we get
28:30
so rich? He said, I listened to strangers
28:33
on the Internet. And there's the little boy who
28:36
says daddy's a legend. Looking at the big pile of
28:40
silver down there at the bottom right, right hand side.
28:44
OK, we need to talk about the US dollar and what's going on with
28:49
the dollar and how it's being affected by what's going on in
28:53
the silver and gold market right now.
28:55
We got an article here from our good friend deals from Kitco.
28:59
Silver is at $100. Momentum is king.
29:03
OK, now couple things just here we're going to read says what's
29:07
interesting, however, is that analysts actually see a red.
29:11
They're first they're talking about how oh, silver's
29:14
overbought, silver's overbought, you know, these these non metals
29:19
people that are casting shade on the on the silver and gold
29:23
rally. OK.
29:24
And then they says what's interesting, however, is that
29:27
some analysts actually see a rationale behind gold and
29:31
silver's parabolic move. Then they talk about the Taco
29:35
trade, right? All this geopolitical strife
29:38
that's going on. It says in a traditional Taco,
29:41
which stands for Trump always chickens out move.
29:44
That's look, not a political statement.
29:47
I'm not this is not not a political channel, but that's
29:51
what the mainstream financial world is referring to that now
29:55
where when Trump makes big threats and then kind of backs
29:58
down. Trump later pulled back from his
30:00
threats to take Greenland by force, but the damage had
30:03
already been done. Are you ready to hear about
30:05
$150.00 silver? OK, here it comes.
30:09
Over the past week, we have seen renewed momentum in the sell
30:15
American trade, with some European firms reportedly
30:20
looking to offload U.S. Treasuries.
30:23
This debasement trade is providing solid fundamental
30:26
support for gold and Silver, even at elevated prices.
30:33
In this environment, analysts are suggesting that gold could
30:37
easily surpass $5000. I think we did that earlier
30:41
tonight. While silver prices may push
30:45
close to $150.00 per oz, the big take away here guys is that the
30:53
world is moving away from the US dollar.
30:56
We looked at the chart yesterday, right?
30:59
U.S. Treasuries is a percentage of of
31:01
foreign reserves is going down, down, down.
31:05
People are losing confidence. What happens, what happens is,
31:09
is when there is major geopolitical strife in the world
31:13
like we have right now, like many of us have never
31:16
experienced in our lifetimes, think about everything going on,
31:20
North Korea, South Korea, China, Taiwan, Russia, Ukraine, United
31:25
States, Venezuela, United States, Greenland, and there's a
31:28
lot more. I can't even remember them all.
31:30
The list goes on and on. When that happens, countries
31:34
lose trust in each other and trust is the foundation of any
31:40
relationship. Trust is what is what the US
31:42
dollar is based on full what is it?
31:46
Full confidence and trust in the United States government.
31:49
And you know, I don't know. Do you trust the United States
31:51
government again? I love my country.
31:54
I love what the Founding Fathers set out.
31:56
I don't like what Nixon did in 1971 when he temporarily took us
32:01
off the gold standard. But we are living in a new
32:04
paradigm where people are selling the dollar, selling U.S.
32:08
Treasuries at a time when we need them to need U.S.
32:12
Treasuries and buy U.S. Treasuries like never before.
32:16
You don't have to be Albert Eisenhower to realize that if
32:19
people continue to sell the dollar, that makes the value of
32:23
the dollar go down. OK.
32:25
And then if the dollar goes down, that's what we talked
32:30
about, right? Silver's not $100.00 an ounce
32:33
because silver's going up. Silver is $100.00 an ounce
32:36
because the dollar is going down in value.
32:39
Again, I'm a patriot. I love Thomas Jefferson and
32:43
Andrew Jackson and the founders of this country more than
32:46
anybody, right? But what's what has gone on in
32:49
the last 50 years in this country is not what they
32:52
envisioned, OK? So it's an interesting situation
32:55
that we are in right now in this world.
32:58
OK, let's touch on the Comex, the Comex.
33:03
Something real interesting is happening at the Comex.
33:07
We're going to go out to our friend the Dude right and get
33:10
the data from Friday. Hold on here.
33:15
Here we go OK, so on Friday the silver market traded almost
33:20
exactly OK, 815,000,000 paper. I think you forgot the word
33:25
million paper oz. We know it wasn't 815.
33:28
It was 815,000,000 paper oz yesterday.
33:32
Guys, that is equal to the entire mining output of all
33:36
silver mines in the entire world.
33:39
That's the amount of silver that is provided to the world.
33:42
Physical silver on an annual basis, 365 days a year, 24 hours
33:49
a day. A lot of these operations when
33:50
they are working on digging up silver, they create 815,000,000
33:54
oz and the Comex trades it in one day and they only work like
34:00
6 hours a day, five days a week and they get a boatload of
34:04
holidays on top of that. Think about that, think about
34:07
it, is the paper price real? OK, it's unbelievable, but in
34:11
yellow, the comex had 0 deliveries for the sixth
34:17
straight day. A lot of speculation that the.
34:21
Hold on here. I lost you guys.
34:23
Hopefully you can see me and hear me having some tech issues.
34:26
Hello, Hello. Welcome to the basement.
34:29
Hey, don't forget to subscribe everywhere we look, you know,
34:34
remember, there's going to be volatility.
34:36
Please be responsible, be careful.
34:38
But everywhere we look, there are signs that that the future
34:43
looks super bright for gold and silver.
34:46
One of those signs is that we Right you're down here in the
34:49
basement with me. Hold on, Hold on one second.
34:54
I couldn't understand that, Susie.
34:55
Over. I did not understand what you
35:00
just said over just saying we see you just fine.
35:04
Oh, OK. Thank you, thank you.
35:08
OK. But one of the most powerful
35:09
forces behind gold and silver are the people all around the
35:13
world. We're going to get to that in a
35:14
second. We got 2000 people on a live
35:17
stream on a Sunday night. Guys, this is happening.
35:20
This is growing and growing I would imagine, right?
35:24
I mean, the channels taking off, we're almost to 75,000
35:27
subscribers. Thank you, thank you, thank you.
35:30
OK. But the real message in that is
35:32
that the number of people in the world and you guys are all think
35:37
about where you are. I'm in a basement in Saint
35:39
Louis. You are all over the world,
35:42
literally. That's a powerful, powerful
35:45
global force. Not to mention that silver has
35:49
been valuable for what, 5000 years?
35:53
It's seen this monkey show before.
35:55
There were people 3000 years ago in caves beating the beating the
36:00
ground saying buy silver, buy silver.
36:02
OK, I do want to say thank you to the Super chance.
36:06
Oh my gosh, we got 2 super chats my good friend.
36:10
Why? Why Buckley?
36:12
Thank you. Why, why Buckley?
36:13
I'm going to pull you up on the screen.
36:14
Super appreciate that. And custom duster.
36:17
Wow, a 999 super sticker. Thank you my friend.
36:21
Super appreciate it. OK, a good person from the
36:24
duster community. Hey, oh, let's go around the
36:28
world. Let's let's do something fun.
36:30
OK, hold on here guys live. Tell me where you are from East
36:35
Saint Louis. I don't know if you're saying
36:37
that or if that's where I'm from in the comments section.
36:40
Tell me where you're joining from.
36:41
I'm going to do my best to read. I am.
36:44
I'm I'm going to say do my best to say hi to some people.
36:48
Susie, everybody is on a little bit.
36:49
There's like a 10 second delay. So she didn't realize that I was
36:52
already doing that. The land of Oz, Great Britain,
36:55
Minnesota, Iowa. Wow.
36:57
Come on guys. Cambridge, MA, New Orleans, LA.
37:04
Wow. Southern New England, 2 feet of
37:07
snow. Yeah, we got a boatload of snow
37:08
here. N NWT, Canada, New York City,
37:12
Northern Indiana. Go Hoosiers.
37:13
Northern California, Detroit, Chicago.
37:16
Saint Louis originally, but now in Panama City, FL, New Zealand.
37:20
Toledo. Hey, thank you for the Super
37:22
chat shoot. It went off.
37:24
Alvarado, TX Malaysia, Paducah, KY.
37:28
I want to go there really seriously do.
37:30
Carney Land, Quebec, Bristol, Toledo, Jamaica.
37:34
Been to Toledo, Texas. Littleton, VA, Tennessee,
37:37
Bristol, TN Houston, TX White City.
37:42
Oh my gosh. Earth is small.
37:44
Egypt. Yeah, the earth has become
37:47
small. Somebody's in Egypt.
37:48
India, Denver, Butler County, Pennsylvania Edmonton, India
37:53
Munich, Ontario, Canada E County, San Diego, New Mexico,
38:00
Victoria, Australia and we are like covering the globe guys
38:04
watching from Australia. Happy Australia Day.
38:06
Yes. Valhalla.
38:08
Yes. Winnipeg, Kuwait, Oxford Oh my
38:12
gosh. Pennsylvania, New Jersey Las
38:15
Vegas, Arizona Tobago, Puerto Rico, Ontario Northern Carolina,
38:21
North Carolina, UK England, Seattle, New Jersey.
38:24
Oh my gosh. Calgary, Canada, Ashland, OR
38:28
Erie, KS guys, it's incredible. Wow.
38:32
One O 878. What are you that that can't be
38:37
the silver price. Scotland, Montreal, India,
38:40
Mumbai. Thank you, my friend.
38:42
Argentina. I've been to Buenos Aires.
38:44
I loved it. The moon.
38:46
Yellowknife. Oh my gosh.
38:48
Sweden. Susie Swedish.
38:50
Oh my gosh, Bermuda. OK, guys.
38:53
Thank you, man. This is an incredible community.
38:56
I did get another super chat. Let's see here.
38:59
Is this it? And yes, it's from my friend.
39:03
Oh man, I cannot read the sea monster silver fans unite guys,
39:09
we're in for a wild good ride together.
39:12
But the important thing is we're together.
39:14
It's a big honor. Seriously, when you join me down
39:16
here in the basement, thank you so much on behalf of myself, on
39:20
behalf of upstairs, Susie, thank you thank you, thank you.
39:23
It's going to be a fun ride on don't forget.
39:25
OK, you're looking for a fun interesting way and very
39:29
effective to store your silver and gold.
39:31
Go check out dirty man safe. You can store your gold and
39:34
silver like the the pirates did in the ground.
39:38
R Ron 10. Ron 10.
39:40
You get a 10% discount. Great company, great people,
39:44
great product. Thank you so much.
39:46
Have a great night. OK, everybody, stay warm.
39:48
We got a lot of snow here in Saint Louis.
39:51
I know if you're in a place where you don't have a foot of
39:53
snow, go outside and be grateful, OK?
39:56
But take care of yourself and I'll see you.
39:59
Yes, you next time. Have a great night.
40:02
Bye. Bye.