Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **SILVER** You Best PAY ATTENTION to This! 💥💥 (Gold Price Precious Metals NEWS Update too)
Transcript
- 0:01We are experiencing amazing developments in the silver
- 0:05market, in the gold market, in the precious metal mining stock
- 0:09market. But today we're.
- 0:10Going to talk about why it's happening and even more
- 0:14importantly, we're going to look at a number of reasons why it
- 0:18can continue to happen, how it can continue to happen.
- 0:22Guys, there is. So much going on, so many
- 0:25interesting developments that we.
- 0:26Need to talk about we're going to do it together.
- 0:29We're going to do it today. Thank you for being here.
- 0:31Right? This is not.
- 0:32Possible without us, we. Are navigating some of the most
- 0:36interesting times ever in our lifetimes when it comes to.
- 0:39Precious metals. We're doing it together, please.
- 0:42Subscribe to the channel Give the video a thumbs up.
- 0:45Leave a. Comment in the comment section
- 0:48and super chats. Never expected, always
- 0:50appreciated. Is are.
- 0:52India and China vacuuming up all.
- 0:56The world's silver. What about the Comex?
- 0:59We got some crazy numbers to look at from the.
- 1:01Paper markets right the. Comex and the LBMA, those fine
- 1:05institutions that it may. Be unfairly influenced the price
- 1:09of silver. And gold over the.
- 1:11Years. Oh, before I forget.
- 1:13Not only do. We have a call.
- 1:15For. $200 silver. But another one from another
- 1:18analyst for 180. $5 silver. And these?
- 1:23Are people that. We want to hear from and we're
- 1:27going to wrap it up. With the biggest factor that
- 1:30will be the biggest. Tailwind for the silver price in
- 1:34particular. As we together head.
- 1:37Into the future. Let's get started.
- 1:38Right now by talking about India and China vacuuming up all.
- 1:43The world's silver. And what I want to share.
- 1:46With you. I could have.
- 1:47Done a live. Stream on this article alone.
- 1:50This is from David Jensen on his.
- 1:52Sub stack, he says. The Global Silver.
- 1:56Demand vacuum has switched on high regional prices.
- 2:01Wait till you hear. About this are surging way above
- 2:04the United States. In red.
- 2:06Global Physical. Demand for silver is telling us
- 2:10that a. Material price pullback.
- 2:12Is not coming. At current prices.
- 2:15Market analyst Michael lynch the happy Hawaiian has posted the
- 2:19following chart of the Indian market in Mumbai and Shanghai,
- 2:24right, the Shanghai Gold exchange and new.
- 2:27York silver prices Wait till we see this chart the Indian silver
- 2:31price which is the. Green line is actually adjusted
- 2:35down by 6% to reflect. The cost of import duties if
- 2:39silver. Were brought into India.
- 2:41OK. What can be seen?
- 2:43Is that the? Physical demand.
- 2:45Physical demand, right? So important.
- 2:48Because this is a. Physical driven rally, physical
- 2:52demand in India and China are. Rapidly forcing the silver
- 2:56price. Well above the $94.
- 2:59Price that the US silver. Had just on yesterday and we
- 3:02know it and we're going to go get an update on the price as
- 3:04well. But look at this chart guys.
- 3:07OK, the. Blue line.
- 3:08Here, let's get our. Crayons out this.
- 3:10This here blue. Line is the United.
- 3:13States price the. Red line is the Chinese price
- 3:16the green line. Is.
- 3:19The Indian price. But wait, there's a.
- 3:21Lot more that we need to unpack in this article.
- 3:25Hold on here. Oh, I need to go down.
- 3:27Sorry in yellow Indian and Chinese market.
- 3:31Prices for silver. Are maintaining large and
- 3:33increasing price premium over the United.
- 3:37States this large price differential is.
- 3:39Having the expected impact on the.
- 3:42CME, The Comex right. Fantasy Island paper.
- 3:46Make and. We've got other data.
- 3:48We're going to look at from the Comex.
- 3:49That is absolutely stunning here in a minute.
- 3:52But the silver? Vaults and stockpiles in New
- 3:54York are going down. I want to add one thing.
- 3:57It was probably 4 weeks ago we. Sat down down here in the
- 4:00basement and talked about at that point.
- 4:03The price of silver. In China and India.
- 4:06Was very similar to that. In the United States and we
- 4:10declared right that we were in a new pricing regime and that and
- 4:14at that point when the. Prices were similar what we.
- 4:17Said was that now? Right, the comex.
- 4:20Price is going to follow and the LBMA.
- 4:23Price are, more are. Going to more.
- 4:24Closely follow that. Of India and China, so the.
- 4:28Fact that we've got. This huge premium now I believe
- 4:31100% what we're going to. See.
- 4:34Is that Comex price continue to go up and we will go out and do
- 4:37an update here in a second. But let's talk about the
- 4:39stockpiles, the registered stockpiles.
- 4:43Again, there's two types of inventory at the big paper
- 4:46exchanges registered and. Eligible.
- 4:49Eligible. Doesn't really mean anything.
- 4:51Cuz that's like all the most a lot of that.
- 4:53Silver's owned by. ETFs, private holders, etcetera.
- 4:56Registered silver is what? We want to.
- 4:58Pay attention to because registered silver.
- 5:01And again, we got more crazy data on that.
- 5:04Is the the registered silver? Is the silver that is actually
- 5:08used. To back up the contracts and
- 5:10registered. Stockpiles, which is the dark.
- 5:13Green line are being rapidly drawn down.
- 5:16Registered stocks are those. Available to market.
- 5:18OK. Eligible reflects those merely.
- 5:20Held in the same New York Chicago Mercantile Exchange
- 5:25vaults. So as you can see right the
- 5:27amount. Of silver in that registered
- 5:30category right here, the dark. Green Line is going down.
- 5:34One more quick thing. Because wait, there's more.
- 5:37Western mints in Australia, Canada, the United Kingdom and
- 5:41the United. States of America are.
- 5:43Unable to maintain silver production at levels required to
- 5:48meet demand and are only producing Silver Oz coins, no
- 5:53larger denomination bullion. Bars, I believe.
- 5:56We can also now. Add South Korea to that mix.
- 6:00And I heard something about Turkey as.
- 6:03Well guys, this is. Happening on a worldwide.
- 6:06Basis it is a. Physical driven.
- 6:08Rally further large silver supply.
- 6:10Oh, this? Is interesting.
- 6:11Large silver supplier to retail buyers, Costco.
- 6:16We haven't talked about them for a while.
- 6:19Does have silver available? But it's only available in four.
- 6:24Of its 200 I'm sorry 6. 129 locations in North America.
- 6:30That's a. That's less than one.
- 6:33Percent, guys, it's happening. And it's happening right now all
- 6:38around the world. OK, a physical driven rally.
- 6:42We're kind of feeling it in the United States.
- 6:44Where I am. But you guys are joining from?
- 6:46Everywhere, all over the world. It's happening.
- 6:49Silver is. Being repriced, all these
- 6:51people. That are saying.
- 6:53Silver's overbought, Silver's blah blah.
- 6:55Maybe they're right. OK.
- 6:56Remember, I'm not a financial advisor.
- 6:58I don't have a crystal ball. But the people that are saying
- 7:01Silver's overbought I. Think my opinion are wrong
- 7:05Silver. 'S not overbought silver.
- 7:08Is just being repriced to an accurate.
- 7:11Level right Silver is the beach ball.
- 7:14That had been held underwater and now it is finally being
- 7:18freed and we're. Experiencing it together, it's
- 7:20absolutely crazy, OK. China, China and India are
- 7:24taking over the pricing mechanism for silver.
- 7:28News alert News alert You probably.
- 7:30Already knew that. Let's talk about the Comex drain
- 7:33and some really interesting things going on with that.
- 7:36Let's pull this up. Because we have some data from
- 7:40those fine folks at the COMEX from silver trade.
- 7:44OK, this is crazy. 4.2 million oz were removed from the comex
- 7:49silver vaults on. Tuesday, OK. 3.7 million oz.
- 7:54Remember that number? 3.7 million ounces.
- 7:58Adjusted out of the. Comex registered.
- 8:00Remember the? Registered is the actual
- 8:03physical silver that backs up all those paper contracts.
- 8:07We're not. There's the whole list.
- 8:09You can pause and look at it if you want, but you know, 2
- 8:13million oz withdrawn from JP Morgan.
- 8:15The whole list goes on and on. Total Comex registered silver
- 8:20was down 3.72 million ounces to 116 million oz.
- 8:27OK, I want you to think about two very interesting things as I
- 8:31did some simple math. Think about the mining.
- 8:34Sector. The whole.
- 8:35World silver Mining. Sector produces 8. 100 million
- 8:39oz per. Year if you.
- 8:42Divide 800 million by 300 and. 65 days that.
- 8:46Means on a daily. Basis The world produces 2.
- 8:49Point 2 million new ounces. Of silver the.
- 8:54Comex drained almost twice as much in one day.
- 8:59OK, it's, it's astounding what is going on the demand.
- 9:03For physical silver. But it gets.
- 9:05Even crazier? OK, if you think about that.
- 9:08Right. The entire mining sector on a
- 9:09daily basis makes make produces 2.2 million oz.
- 9:14When you go out here and there's a double whammy and this one
- 9:17from our friend the dude. Who tells us that yesterday the
- 9:22silver market traded? 745,000,000 paper ounces.
- 9:27Think about that. The world produced 2 point.
- 9:302,000,000 ounces of silver, but on the.
- 9:33Paper market, they traded. 745,000,000 oz.
- 9:40And then in yellow, he points out.
- 9:43We've had four straight. Days of 0 deliveries.
- 9:47And the and the paper market has traded around 4 billion oz over
- 9:53the last four days. The paper market.
- 9:58Traded 4. Billion oz and had. 0 deliveries
- 10:02probably. Nothing going on here, right?
- 10:05I mean, it's astounding no matter how you.
- 10:07Look at these these. Numbers right the.
- 10:09Inventory the registered. Inventory level on the.
- 10:12Previous slide showed. What 116 million?
- 10:15Oz That's the total. Inventory they have OK and I on
- 10:20a on a. Out of out of all the.
- 10:22Silver that's being traded. Guys, it's.
- 10:25Astounding. And it's happening.
- 10:26Everywhere. Hey, while we're at.
- 10:28It and we got some sad news that I want to share.
- 10:31With you as well. But our friend the Oriental.
- 10:33Ghost is back, It was great. To see him back, he was missing
- 10:37and many. Of us were very.
- 10:39Worried about him, and now we know what happened.
- 10:43His mother. Passed away so I kind of teared
- 10:45up because I. When I saw that he was back, I'm
- 10:47like all. Right, the Oriental ghost.
- 10:49Is back and then I saw the reason why.
- 10:51It's because his mother had. Passed away and AS.
- 10:54Usual, so we're very sorry to hear.
- 10:55That I don't know him, but it's. Weird how you like feel like you
- 10:58develop relationships with. People that you meet.
- 11:01Through YouTube Through. Through.
- 11:03Through. You know, being online.
- 11:05So sorry to hear. That Oriental ghost, but from
- 11:09his. Data we'll just do a quick
- 11:10update here. And why?
- 11:12Oh, we got to go look at what the price of silver is.
- 11:14Right now in the United States of America, in Europe, but.
- 11:18Yesterday this is the. Shanghai Gold Exchange, which is
- 11:21the physical market in China, this is.
- 11:25AG, which is silver. On the periodic table at the
- 11:29Shanghai Gold Exchange only $104.00 And remember guys,
- 11:34right, the argument I think can be strongly made that that is
- 11:39the new. Physical price of silver.
- 11:42Those fine people at the Comex and the LBMA, well, they're
- 11:45going to get drug along and get to figure out.
- 11:48What? Exactly is happening.
- 11:50Next we're going to go do an update and then look at
- 11:53something that I think is really shocking that we we need to.
- 11:56Take a step back and realize is a big deal.
- 11:59Happening right now in the gold market and the we'll do it both
- 12:03for gold and for silver. Before I do that, I want to say
- 12:06thank you to channel sponsor First Mint.
- 12:09OK, They're owned by First Majestic Silver who mines the
- 12:12silver in Mexico, ships at the First Mint and 1st Mint.
- 12:16Is a silver specialist. Mint in Las Vegas, NV They make
- 12:21world class silver products. Like this right here, right?
- 12:24This is a 10. Oz folded.
- 12:26American. Flag Silver bar that.
- 12:28You can check out at the first Mint website.
- 12:31What's even more special? About this is it benefits the
- 12:34folds of. Honor Foundation, which.
- 12:38Gives us. Academic scholarships to
- 12:41children and spouses of fallen and disabled members.
- 12:46Of the 1st. Responder and military
- 12:49communities, let me show you the first Mint website if you want
- 12:52to go check it. Out for yourself.
- 12:54Unbelievable positive feedback from the from the community in
- 12:59terms of the premium retail experience everyone has had with
- 13:03First Mint there. It is right there.
- 13:05First mint dot. Com All right, let's go.
- 13:07Out and take a. Look at where the silver price.
- 13:11Is right. Now we'll go to the.
- 13:13Spot market 1st all right for those of you who.
- 13:16Who are new? This is the spot market, which
- 13:19is the physical market for silver.
- 13:22Kind of sorta. Okay, Silver's only.
- 13:25Up $3 today. At 96 dollars, wow, we're
- 13:29catching up. Wow, Can you believe it, 96?
- 13:33Dollars for silver. It's a beautiful day.
- 13:36Let's go look at the. Futures market so the.
- 13:39Futures market should be. Higher than 9630. 5 which it is
- 13:44slightly. So we're in a slight state of
- 13:46contango what I want to. Show you.
- 13:49This is a one year. Chart of the silver price.
- 13:53Let's take a step. Back and realize something OK
- 13:55right now. The silver price.
- 13:58Is $96.53 OK? That's the March futures.
- 14:03Contract price 1. Year ago we were.
- 14:07Right down here. See that little number?
- 14:09$30 per oz, A little over $30 per.
- 14:13Oz one year ago. Guys, we have much for which to
- 14:16be grateful. While we're at it, let's go look
- 14:18at gold. And see what gold is doing.
- 14:20Oh. Shoot, I forgot to pull that up.
- 14:22There's what I just. Meant to show you now we're
- 14:25going to go to gold and yes 4900 and. $12.00 right?
- 14:32Now in the gold. Market.
- 14:34Sorry if I forget to share the right.
- 14:35Screen upstairs, Susie. Is at the beauty parlor today so
- 14:39you. Can all compliment her tomorrow
- 14:42on her new on her new? Hairdo OK.
- 14:46So much happening. We're going to talk next about
- 14:49one analyst calling for We're going to watch a.
- 14:50Little video. About a minute long.
- 14:52About 100. $85 silver. Then somebody else who's telling
- 14:56us 2. $100 silver before we do that.
- 14:59I want to point out something very interesting and there's a
- 15:02big reason why on a daily. Basis it feels like.
- 15:07We're seeing this more and more and more, and that is mainstream
- 15:12media waking up. To the fact.
- 15:15That there is an unbelievable occurrence going on right now in
- 15:20the world of precious metals, silver and gold.
- 15:23More and more big influential people.
- 15:27OK, maybe not the big mainstream media, but they're starting our
- 15:30friends at CNBC and Fox News and in those.
- 15:33Outlets, but that level below which is where?
- 15:36More and more. People, and a lot.
- 15:38More younger people. Are getting their news.
- 15:40Are talking about. Silver and gold.
- 15:43The latest one that we saw is from Redacted.
- 15:46OK. And Redacted is a.
- 15:48Super popular. YouTube channel and this is from
- 15:52their Twitter. Feed their Twitter feed.
- 15:54Alone has 200 and almost a quarter more than a quarter
- 15:57million followers. And let's just watch.
- 16:00For a few seconds. As he talks about what is.
- 16:03Happening right now in silver. Well, with silver and gold
- 16:07prices surging, are we about to see the banking collapses across
- 16:11the United States? And the math goes something like
- 16:14this from keen eyed analysts on silver production.
- 16:17So 800 million oz a year being produced in silver.
- 16:21I mean, we, we, we know it's a scarce resource at this point.
- 16:24Companies are clamoring to get as much of it as they can in
- 16:27their hands right now. Everything from solar panels to
- 16:29EVs. Of course, it's also a commodity
- 16:32in addition to a currency, so 800 million oz per year.
- 16:36Bank shorts on silver 4.4 billion oz according to some
- 16:42reports. If so, by this estimation of
- 16:44silver keeps going up the biggest banks in America.
- 16:48Will collapse. Who's going to how they going to
- 16:50cover these shorts? OK, enough of that.
- 16:53It's a great channel. I love it.
- 16:55I've watched it on and off over the last.
- 16:57Three or four years. But the big key take away here
- 16:59is. He is not a person who's
- 17:01regularly talking about precious metals not and and guys more and
- 17:06more. Of these people are.
- 17:08Beginning to talk about precious metals and it will bring a wave
- 17:12of new buyers into the market. It's growing.
- 17:16Do you feel it? Right, we went through the
- 17:18valley of despair. In the precious metals market
- 17:21for. Many of us decades.
- 17:23Right, but this is different. What is happening right now is
- 17:26different. Tucker.
- 17:28Carlson, that was the name I couldn't remember yesterday, is
- 17:30talking about gold and. Silver redacted is.
- 17:33Talking about gold and get a load of this.
- 17:35One more thing on this redacted. Because to.
- 17:38Show you on the kind of the Web 2 environment, the amount of
- 17:44following that they have. It's Natalie and Clayton Morris.
- 17:48Hold on a minute. Where can I got to find this for
- 17:50you? Let me find it.
- 17:51Where is it Here? It is right here.
- 17:53Three 2.85 million subscribers on YouTube 3,000,000 essentially
- 18:01people he is reaching on. A very regular basis.
- 18:07It's getting crazy next. Let's go talk about $185.
- 18:11Silver. And for that, we're going to go.
- 18:14Over here to our. Friend Mark, right?
- 18:17Put this out, silver. To 100 and. $85 a Swiss expert.
- 18:23OK, And the Swiss expert, his name is Jochen Steiger.
- 18:26He's been around forever. All right?
- 18:28If you've been around gold and silver, you've seen him.
- 18:30You know who? He is.
- 18:31He's reliable, he's trustworthy. He's.
- 18:33Smart, he breaks down the. End of the paper.
- 18:36Price manipulation in a revealing interview.
- 18:38Swiss. Commodity analyst Jochen
- 18:40Steiger. Dissects the seismic.
- 18:42Power shift. In the silver market.
- 18:45The old rules are over. And then he gives a price.
- 18:49Forecast. So let's see, this is.
- 18:51About a minute and a half long. Let's see what Jochum has to
- 18:54say. The physical world has taken
- 18:57over price control and Asia is leading the charge.
- 19:01Forget the old days when London and Comex dictated everything.
- 19:05Those paper driven exchanges are becoming history.
- 19:08Right now Shanghai trades at a clear premium around $105 per oz
- 19:13versus COMEX near $95, proving real buyers, especially in Asia,
- 19:19are calling the shots. The COMEX is fundamentally
- 19:22broken. New contracts are cash settled
- 19:25only, no delivery possible. It's pure gambling with leverage
- 19:30at 300 paper ounces to every physical one.
- 19:34We've warned for years this can't end well and now it's
- 19:37exploding. We're deep in a structural
- 19:40deficit 110 to 300 million oz short in 2024 and experts see
- 19:47deficits continuing for the next 5 to 10 years.
- 19:50Mines can't ramp up fast enough. Industry is scrambling even
- 19:54paying 20% over spot for long term supply.
- 19:59My updated target silver hitting $185 within 12 to 18 months.
- 20:04Stepping up through 111 dollars, 146 dollars.
- 20:09Then parabolic gold could reach 5000 to $6000 soon even $10,000
- 20:15plus this decade. The shift is real.
- 20:18The rocket is launching. The shift is real.
- 20:23The rocket is. Launching OK, I think he summed
- 20:26it up. I won't repeat what he said, but
- 20:28guys, we. Are in a new world when it comes
- 20:31to the silver and gold price next let's.
- 20:34Talk about what Robert Kiyosaki is.
- 20:35Saying right, the author. Of rich Dad, Poor Dad, we've got
- 20:38a. Couple funny things that we're
- 20:39going to watch and then we're going to.
- 20:41Talk about the biggest factor right that.
- 20:44Is going to provide massive tailwinds in this new silver
- 20:50environment, so. Let's go out to Robert.
- 20:52Kiyosaki and see what he has to. Say about silver, Did he give us
- 20:55a price? Prediction.
- 20:56I don't know. Why silver is superior?
- 21:00Gold and silver have been money for thousands of years, but in
- 21:03today's technology age. Silver is.
- 21:06Elevated into an economic structural metal.
- 21:09Think about that. Silver.
- 21:11Not only is it a monetary metal. A holder of value guys, of
- 21:15course. As we know.
- 21:16It's also this this. Magical industrial metal, much
- 21:20like iron, was the structure metal of the industrial age in
- 21:241990. Silver was 5.
- 21:26Bucks an ounce today in 2026. Silver is now closer to 95 an
- 21:31ounce and growing more. Vital is the structural metal of
- 21:36the. World's economic future.
- 21:38A store of value. And as money, I'm calling.
- 21:42For silver to hit. 200 an ounce in 2026.
- 21:47So we have Yocum telling us that we could have 100.
- 21:50And $85. Silver here within 12 to 18
- 21:56months, we have Robert. Kiyosaki, author of Rich Dad,
- 21:58Poor Dad, Super Wealthy Guy Super.
- 22:00Respected telling us we could get $200.
- 22:04This year, yes, that would. Be 2026.
- 22:07I hope that puts a smile on your.
- 22:08Face right? It's getting absolutely crazy
- 22:11out there. We're going to watch a couple
- 22:13funny. Little videos about.
- 22:15Silver and gold that have a deep message and then we're going to
- 22:19get serious again. OK, it's time.
- 22:21For us to get serious and talk about this big factor.
- 22:23That's going to provide. Support for the silver price.
- 22:26Before I do that, thank you to 1st Mining Gold for sponsoring
- 22:30Ron's Basement. I think one of my first YouTube
- 22:32videos I ever made was about First Mining Gold.
- 22:36That's how long I've been following this company, long
- 22:39before they sponsored my channel, their development stage
- 22:43Gold company with two huge projects in Canada, Spring Pull
- 22:47in Ontario and Duke Parquet located in Quebec.
- 22:50Both. Of which have millions of Oz of
- 22:53gold in the ground and they're moving.
- 22:55Them through the. Catalyst rich development
- 22:59permitting process OK and there aren't.
- 23:01A lot of big. Gold development stage projects
- 23:05in Canada in the big gold mining companies that are making
- 23:08outrageous amounts of money right now, right?
- 23:10They need to refill their pipelines and they want to grow
- 23:15first. Mining gold has.
- 23:16Two huge. Projects and a very.
- 23:18Favorable. Jurisdiction of Canada.
- 23:20You can learn more about them at firstmininggold.com.
- 23:23Let's go out and. Let's have a little.
- 23:25Fun hold on here. Make sure I got this up.
- 23:30Get your :) on everybody. This came from monetary mayhem.
- 23:35These are the silver top callers, those people that are.
- 23:38That are have been saying you know when.
- 23:40Silver was 40. $5.00 an ounce, they said.
- 23:43Oh. Silver's overbought silver.
- 23:44'S going to go down. They said the same thing at 50.
- 23:4756570. Five.
- 23:49Hey, eventually they may be right.
- 23:50But for now. This is how they.
- 23:52Feel 5 seconds of your time. Those poor silver shorts.
- 24:10I don't miss, I don't wish bad well on anybody, but hey, you
- 24:13know what? It's been a long time coming for
- 24:16anyone who's been invested in silver and gold for that matter.
- 24:20And then Jordan Roy Byrne, one of my favorites, put out some
- 24:23live. We have live.
- 24:24Footage of. Silver eluding the shorts and
- 24:28the bears again. Right, this is a live.
- 24:30Footage. I'm going to get it.
- 24:32Get the live feedback up here here for you.
- 24:35Of what is happening right now as the shorts and the bears are
- 24:40trying to chase down the silver price.
- 24:42Hold on a second here. Here we go, there's the silver.
- 24:49Price in the old bathtub and getting.
- 24:51Chased down, we are live. Over downtown Minneapolis,
- 24:53where, yes, that is a protester in a Viking costume riding what
- 24:56appears to be a porcelain bathtub on skate wheels, 15 ICE
- 24:59agents are on his heels. But look at this.
- 25:01He's pulling away all units. Watch the flush.
- 25:04Watch the flush. We are live over downtown
- 25:06Minneapolis where yes, that is a protester in a Viking costume.
- 25:10OK, everybody. OK, basement.
- 25:12Dwellers, it's time for. Us to get serious.
- 25:14Again, about silver, I think this is one of the most moving.
- 25:20Visuals about what is. Happening right now on a on a
- 25:23more. Macro level with silver.
- 25:26One of the several. Big, big.
- 25:28Big, I mean big factors that are going to provide.
- 25:32Support for the Silver. Price, As we move into the next
- 25:3610-15 years, we want to talk about a long term, the horizon
- 25:41when we look at this and this came from Marin.
- 25:43Catoosa, he's a guy. Who's been around for a long
- 25:46time in the precious metal sector and someone who I've
- 25:49always listened to keenly, he says.
- 25:52The missing. Piece in silver Silver.
- 25:56Drilling is rising. OK, Oh, there's.
- 25:59You know more. People looking for silver.
- 26:01But discovery isn't drilling activity has.
- 26:07Jumped 36%. In 2025 as prices improved.
- 26:11Yet total drill holes. Successful drill holes.
- 26:16Remain 2626. Percent below the. 2021.
- 26:21Peak. Peak Most.
- 26:22Programs are infill drilling, meaning they're they're trying
- 26:26to determine that. The the the previous drill holes
- 26:30that they did, they'll drill a hill a.
- 26:32Hole excuse me in between it to make.
- 26:35Sure. That it's that it that it's
- 26:37accurate and the deposits are there.
- 26:38They aren't looking. For more new silver so.
- 26:42These are infill and step outs, meaning they'll.
- 26:44Step out a little. Bit from a known deposit in
- 26:47known deposits not. New systems, but look at this.
- 26:50Guy's again this chart. From Catoosa Global Silver,
- 26:54let's draw here global. Silver drilling activity?
- 26:59Yeah, it doesn't. Look good.
- 27:00Sorry, I can be a. Little OCD let's.
- 27:03Try that again. I'll slow down.
- 27:05All right, that's better. OK.
- 27:07Look at all the drill holes, OK? That's the Gray line.
- 27:12And as you can see. Really, there is still.
- 27:14A downward trend from 2021 through 2025.
- 27:19But that's not the important part.
- 27:22The important part? Is this right here the yellow?
- 27:25Section which are drill. Holes with.
- 27:28Significant intervals and what that?
- 27:30Means is drill holes. That found large amounts of
- 27:33silver and as you can see, right.
- 27:35Back here in two. 1021 you look at the size of those findings.
- 27:40But if you look. Right, even in the last.
- 27:42Three years they aren't. Finding they aren't finding
- 27:48significant silver. That's important on 2 levels and
- 27:51#1. Because all the easy silver.
- 27:57Has already been found. They say the same thing about
- 27:59copper and really the same thing about gold as.
- 28:02Well, all the easy stuff right Has already.
- 28:05Been found. But what that chart shows us is
- 28:09really that's a. Glimpse into the.
- 28:11Future it takes. At least 7.
- 28:14Years at least, right? From the time they discover some
- 28:17silver to the time when it's actually going to be manifested
- 28:21in mind, out of the ground. Think about that.
- 28:24And really, I hear numbers more like 10 years, 15 years.
- 28:27Some people even say 20. Years.
- 28:29Right to build permit. To go through that whole
- 28:32process. Finance a new mind, So what?
- 28:35We just looked at is the future supply of silver and where does
- 28:40silver? Come from?
- 28:41Yeah, some of it can be. Recycled, and yes, more of it
- 28:45probably will with this higher price, but it's very difficult
- 28:49to recycle silver. And all the people.
- 28:52Out there, think about all the people.
- 28:54That had grandma. Silverware.
- 28:56Some old silver jewelry, most of those people.
- 29:00Already traded in. Their silver.
- 29:03And the but the. Biggest source of future silver?
- 29:06Can can only really come from one place.
- 29:08It's not going to come from an asteroid.
- 29:10Like people talk about OK, whatever, I'll eat.
- 29:13Crow if in 10 years we're getting.
- 29:15Silver out of asteroids, no. It's going to come from that
- 29:18chart. We just looked at which is
- 29:21current. Silver exploration and
- 29:24development, Which is showing us in no uncertain.
- 29:28Terms that there aren't. Huge amounts of silver being.
- 29:32Discovered there were so few because the price of silver was
- 29:35kept so. Low For so long, it did not make
- 29:38economic sense for companies to raise money and go out.
- 29:43Nobody was only the visionaries, right?
- 29:49Galen McNamara from Summa. Silver, which is now Silver 40.
- 29:527 The guy at. BlackRock Silver.
- 29:55Keith Neumeyer from First. Majestic Silver, who actually
- 29:58just discovered, explored, discovered, but also built.
- 30:02And ran silver mines. But these guys were what's?
- 30:06His name? Sean Koon.
- 30:07Koon from Dolly. I mean, these guys were few and
- 30:10far between real visionaries. OK.
- 30:13And and, and, and there just is not a big amount of new silver
- 30:18that's going to come on the market.
- 30:20Think about it and what we're seeing now.
- 30:24The cherry on top? Right.
- 30:26Is that we? Are in a physical driven rally.
- 30:31The rally that we had in silver in 2011 was not primarily
- 30:36driven. It was, you know, was not driven
- 30:38by physical demand, the big rally in 1980.
- 30:42That was by the Hunt brothers that these were spikes where the
- 30:46shot price shot. Up and they were paper driven
- 30:49rallies. This this time things really are
- 30:52different. OK, really, really different.
- 30:55This is a physical. Driven rally.
- 30:57So think about physical. Supply again when we look at
- 31:01that. Chart.
- 31:02And. See right there just.
- 31:04Isn't a lot of new silver being? Discovered.
- 31:07That's our glimpse. To 10 years from now, we got
- 31:11congratulations everybody, we got a 10.
- 31:13Year window to party. We're going to.
- 31:15Have some fun down here in the basement with silver.
- 31:19Now look, anything can happen. That guy from the.
- 31:22CPM group would probably. Say somebody like me like I
- 31:25don't know what I'm talking about.
- 31:26Not in Ron's A. Shill for silver.
- 31:28In his basement and probably though would have said the same
- 31:31thing a year ago when the. Silver price was third.
- 31:34Jeffrey Christensen When, when so when the.
- 31:37Silver price was 30. Dollars one year ago.
- 31:40There's a video going around of me and I'm not taking a victory
- 31:44lap because I'm wrong often, but there's a video going around of
- 31:47me three years ago sitting right.
- 31:49Here I think I. Had the same shirt on where I'm
- 31:52pounding the desk. I think the.
- 31:53Silver price was $22.00. And I'm pounding my desk saying
- 31:58that, I thought. Silver was going to go to $85,
- 32:01so we can't. Rule anything out and I'm not
- 32:05look. I don't want to be Mr.
- 32:07Technical. I want to have fun with this
- 32:10number 1 and I want to look. At the big picture.
- 32:13And when I look at the big. Picture.
- 32:15I don't know how. You feel about this, but when I.
- 32:17Look at the big picture. I am like.
- 32:19Super super. Optimistic about what's going to
- 32:23happen in the precious metals market and what's going to
- 32:26happen in the silver market as well.
- 32:29Hey, please don't forget subscribe to the channel.
- 32:32Do it right now. Press the subscribe.
- 32:34Button Please give this video a thumbs.
- 32:36Because that helps get the word out.
- 32:38To more and more people. Let's be real, you've already.
- 32:41Got your seat on the gold? And silver lifeboat.
- 32:44OK, the more people. Who try to get in.
- 32:48There's limited seats, it's good for the overall.
- 32:51Silver and gold market right? And I'm telling you the other
- 32:55thing in my next live stream, I'll talk more about the mining
- 32:58stocks. I have a deep interest in the
- 33:00mining stocks. They are now just starting to
- 33:03get the attention when people come into these mining stocks
- 33:07right and realize right the the value.
- 33:11That's there. That's going to be good for the
- 33:13entire, I mean the entire precious metals eco system.
- 33:19Of which we are proudly a part of.
- 33:22I think again not financial. Advice but these.
- 33:27Precious metal mining stocks. Are just.
- 33:30Really starting, just really starting to get attention and it
- 33:34could get. Super, super interesting.
- 33:36And again, the reason why even if you're not into the mining
- 33:39stocks, that's important is because when the gold mining
- 33:43stocks and the silver mining stocks get the attention.
- 33:46That they deserve that. Will bring bring more overall
- 33:50people into this ecosystem. We are alive and we are living
- 33:54through a period of time for precious metals that none of us
- 33:57have ever experienced before. The geopolitical change going on
- 34:02right now in our world, the financial chaos.
- 34:08That the world has the debt spiral that really the.
- 34:11Whole world is in indefinitely United States and is going to
- 34:14provide just you know and we don't have we don't look I don't
- 34:18like it right. But we got to.
- 34:20Live in reality. Which is what?
- 34:21We're doing and we want to. Protect ourselves.
- 34:24I. Think it's going to provide just
- 34:25an unbelievable support mechanism for these metals
- 34:30moving forward. Thank you for being here, Thanks
- 34:32for being you, thanks for leaving comments, thanks for
- 34:36subscribing, thanks for everything and I'll see you,
- 34:40yes, you next time.