Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / SILVER STACKERS 🚨 ALERT! 🚨 -- It is HAPPENING -- Massive NEWS for GOLD & SILVER Price!
Transcript
- 0:00Record-breaking moves in the gold price.
- 0:03Will silver soon follow? Guys, we are living through
- 0:07crazy good times, historic times together.
- 0:11The silver price, the gold price, the value, the reason why
- 0:15you've decided to protect part or maybe a lot of your wealth
- 0:20with precious metals are coming to fruition right now before
- 0:25your very eyes. Let's run out and get an update
- 0:27on the gold and silver price because things are changing
- 0:31rapidly. You know, guys, we can deal with
- 0:34anything. But here we'll go out the pen
- 0:36backs, we'll press the button here and OK, silver up almost
- 0:40$0.80 per oz $32.50 gold up $24.00 per oz, $2716 per oz.
- 0:53Let's take a look at just one of the reasons why we need to be
- 0:56super optimistic about the silver price in particular,
- 1:00$44.00 silver by Christmas. Here's the reason why.
- 1:06Here's a post from North Star. This has been widely circulated,
- 1:10but Silver is posting this historic cup and handle for
- 1:14several years now. OK.
- 1:16He says his initial target has not changed.
- 1:20Do you believe it yet? I believe.
- 1:26Look at this cup and handle, guys.
- 1:27I mean, it is massive. And let's remember, we're not
- 1:31even we haven't even begun to break out of this cup and handle
- 1:35formation just because we like to get our Crayolas out and do a
- 1:39little drawing. Here is the handle in the cup
- 1:42and handle. Here is the inverse head and
- 1:46shoulders, OK? And that's when we break out and
- 1:51that's when we go way beyond $44.00 per oz silver, way beyond
- 1:56$50 per oz silver. That's when we get silver in the
- 2:0060s, seventies, 80s, and eventually triple digit silver.
- 2:04Do you believe? I absolutely believe that will
- 2:08be the case. And it may sound crazy right to
- 2:11say. Triple digit silver but.
- 2:14Think about it. Think about the moves that
- 2:16silver has made at other periods in history, what it did in the
- 2:2070s, what it did between 2001 and 2011.
- 2:25Silver went from being under $5 per oz to $50 per oz, a 10X
- 2:31move. So for silver to make this move
- 2:34from let's say $15, let's go back and look at that chart real
- 2:37quick. Hold on here to think that
- 2:41silver right can't go from $15.00 right?
- 2:45Another 10X? Hey, I mean, come on man, that's
- 2:50only that's only $150.00 silver. We could have massive.
- 2:54Moves and there's no reason why we can't see that and why we
- 2:59cannot believe that wow, there is so much going on.
- 3:03I'm I'm going to. Stay focused with you this
- 3:05morning basement. Well, there's I almost forgot
- 3:07the most important thing. Yeah, you, you.
- 3:11Thank you for being here. It's a big honor when you give
- 3:15us your time and join us in the basement.
- 3:17When you join the club, when you're a basement dweller,
- 3:20right. We're average everyday, silver,
- 3:22gold, precious metal, mining, stock investors.
- 3:25But we are not average. We're all the exceptional.
- 3:27It's a big deal. You're here.
- 3:29Thank you. Please give this a thumbs up.
- 3:31You can subscribe to the channel.
- 3:32I still have that special deal going.
- 3:35Yes, it's free to subscribe to Ron's Basement.
- 3:39Super chats though, and super thanks or PayPal donations.
- 3:44Those are always super appreciated.
- 3:45Now what's next? So gold is making records, guys.
- 3:49Gold this, this just if you think this is crazy, think back
- 3:55to December when we sat. Here together in the basement
- 3:59and said we thought we could get $2500 gold by May and people
- 4:03called us crazy. Now we're up above $2700 per oz
- 4:09in gold. But when is silver going to
- 4:12follow? That's the big question.
- 4:14Silver will follow. One of the biggest reasons is
- 4:17the gold to silver ratio, which is still.
- 4:21At historic high levels, I don't know what it is right now, we
- 4:26could do the math 838587 who knows?
- 4:30But very high historically you hear different people read it
- 4:34different ways, but the number of Oz Of silver.
- 4:38That you need. To buy one ounce of gold right
- 4:40now, let's say 85. Historically, like recent
- 4:45history, that's been as low as 50 or 60.
- 4:49OK, that means 50 or $60.00 silver.
- 4:51We would need 50 or $60.00 silver right now to enable you
- 4:57to trade 50 ounces of silver for one ounce of gold.
- 5:02That that gold to silver ratio will compress the smartest
- 5:07people. I heard Lawrence Leopard, right?
- 5:09He's got an MBA from Harvard. Great guy.
- 5:11I love him. I always have.
- 5:13He was talking about the prospects for Silver.
- 5:16We've got great, great news coming at us from Silver.
- 5:19We are in the battle. OK, we're back.
- 5:22Let's go look at the silver. Chart and let's realize where we
- 5:25are and why this is so important here.
- 5:29Before we do that, look, mainstream media is picking up
- 5:35on the precious metals. Yahoo Finance, Bloomberg.
- 5:40This is from the earlier this morning, gold tops $2700 for the
- 5:45first time to extend record-breaking run.
- 5:48Bloomberg. Can I highlight that?
- 5:51Yeah, well, you can't see it, but anyway, Bloomberg, OK.
- 5:55And they, they have a little article here.
- 5:57We're not going to waste our time reading the mainstream
- 5:59media, but it talks about what's going on in the Middle East, why
- 6:03that's so important. OK, let's look at this gold
- 6:11chart. Unbelievable, Absolutely
- 6:16unbelievable of $24.00 in the futures.
- 6:20Wow. If we look at just a two year
- 6:25chart, look at this two year chart of gold, does it show any
- 6:28signs of slowing down? No, no, no.
- 6:31OK. When it comes to silver, we need
- 6:36the silver price. The gold price will continue up.
- 6:39The gold price will continue to pull up the the silver price.
- 6:43The gold to silver ratio will compress.
- 6:45We will get higher, but we need to breakthrough for silver.
- 6:50Let's look at this one more chart.
- 6:52OK, then we're going to go on to more very, very shocking news
- 6:56about what is happening right now in the world, but and how it
- 7:01is impacting the silver price $32.69.
- 7:06This is the December Futures. For those of you who don't know,
- 7:10we have the spot. Price.
- 7:11Which you can typically find on Kitco and we have the futures
- 7:15price, it's about split 5050 between which price people
- 7:19follow. But nonetheless, we are
- 7:20approaching up $0.93, but let's. Take a look.
- 7:24Oh boy, we may, may, we may have done it in the futures.
- 7:28Oh my God, no way. Let's look at a one year chart
- 7:32of silver. OK, here we go.
- 7:35Let's draw our line. I think we've done it guys.
- 7:39I don't know if we have to quote, look, I'm not like the,
- 7:41the, the technical analyst guru, but this was the that, Oh my
- 7:47gosh, I think we've done it. But remember we tried back in
- 7:51May, June a couple times to breakthrough.
- 7:53We almost kind of tried in July. We came back here late September
- 7:58a little while ago. And if we look here, OK, we have
- 8:02we have broken through in the futures.
- 8:06Let's hope that on a daily basis we close there.
- 8:09And if we close there today, at the end of the day on a Friday,
- 8:13that will be a weekly close. Things could get very
- 8:16interesting very quickly for silver because I don't know
- 8:20anybody. Here's the reason why we don't
- 8:22know anybody out there, any analyst.
- 8:26I've not heard one. Analysts talk about the silver
- 8:29price and say oh, if silver hits 33 or $34 it's going to crash
- 8:34it's going to pull back now you know how the world works.
- 8:37We've been through this before right?
- 8:40Sometimes shocking things happen.
- 8:42However, every single analyst I'm like even Pippi the silver
- 8:46cats down here with a thank you Brian for that super chat guys.
- 8:51The reason why 3334 dollars is so important is because
- 8:56everybody. Everybody, I could name all
- 8:59their names, but we'd be here forever, is saying that once we
- 9:02get into that $3435 range for silver, we're off to the races
- 9:07to $44.00 silver. It's going to happen from a
- 9:11technical perspective. And on top of that, we know that
- 9:14there are just unbelievable fundamental factors supporting
- 9:19the silver market, right? The supply, demand, we could go
- 9:23on for hours about that, right? All the use you know.
- 9:26Solar electric vehicles. Electronics, artificial
- 9:28intelligence and the the supply of silver is going down.
- 9:33I've never been so excited to be with you on a live stream as I
- 9:37am this morning. Today could truly be a historic
- 9:39day for silver investors. It already is for gold.
- 9:45Congratulations to those of you who stack a lot of physical
- 9:48gold. This is just an unbelievable
- 9:50situation and what adds. Fuel to the fire Are you ready
- 9:54for the next firework? Basement dwellers?
- 9:57What? Adds fuel to the fire.
- 10:00I don't think I pulled that up. Hold on here.
- 10:01Here we go. This, we cannot look at this
- 10:07chart enough. This comes from Tavi Costa, A
- 10:11Crescap Capital, guys, gold and gold miners as a percentage of
- 10:16total global assets. You talk about gold miners, you
- 10:21talk about the gold price going up 34510 times from here.
- 10:26Here's why it can happen. Look at this throughout history,
- 10:30192119321948 and 1981. During all of those periods,
- 10:37gold and gold miners represented over 20 percent, 20% of total
- 10:44global. Assets now 1%, OK, if we just
- 10:48got back to 5% would be five times the amount of money in the
- 10:56precious metals sector. Yeah, I know this is this is a a
- 10:59gold specific chart, but the same thing it's probably even
- 11:02more exaggerated for silver. Buckle up, buttercup.
- 11:07If we just get the 5%, imagine if we go to 20, right?
- 11:12I mean, with all the news going on, I don't know if you've heard
- 11:14the latest with Russia and the Bricks Pay.
- 11:18We're going to get to that in a little bit.
- 11:19But with everything going on right now, there's no reason why
- 11:25we can't logically expect that the percentage of global wealth
- 11:29invested in precious metals couldn't again go to a minimum
- 11:34of 5%. Hey, look, I don't have a
- 11:36crystal ball. Just giving you my opinion.
- 11:38Now let's go check. Let's go do a quick update on
- 11:41the gold and silver price on this what has so far been a
- 11:44historic day. You know how it goes, guys.
- 11:47Let's keep our fingers crossed, OK?
- 11:49We're at $0.71 per oz up. Come on.
- 11:52I got a feeling, and I could be wrong, it's going to be one of
- 11:55those days in the silver market where we shot up.
- 11:57We're going to pull back a little bit.
- 11:59Maybe we get it to only being up 50 or $0.60 per oz, but we close
- 12:03the day strong. But you got to remember
- 12:06something. We're going to come back to 10
- 12:07backs. Those cheaters at the COMEX in
- 12:10the LBMA are going to be giving it all she's got today to beat
- 12:15down the price from where it is, because it's a Friday, it'll be
- 12:20a weekly close. And that's very important from
- 12:23like a technical analysis chart perspective, They are going to
- 12:26be, there's going to be an epic battle, right, starting probably
- 12:31an hour from now through the close of the market where
- 12:34they're going to be giving it all they got to beat down the
- 12:37price. Even if they do, who cares?
- 12:40Because at this point, sorry COMEX and London Million Market
- 12:45Association, but you are fighting a losing battle.
- 12:50And the reason why they're fighting a losing battle, guys,
- 12:53is because the physical market, the physical world, the physical
- 12:57demand for silver and gold for that matter.
- 13:02Is overtaking the paper price. If they could only play their
- 13:06games, they can. They can play Lala Fantasyland.
- 13:08I mean, you know, you, you can do you, you can fantasize and
- 13:12Daydream all you want, but at the end of the day, right,
- 13:16Mother Nature, the free market is going to prevail in the
- 13:20silver price and gold price. It always does that.
- 13:24That's like, that's like one of the truths of life.
- 13:27Right. Like, you know, everything's
- 13:29born, everything dies, Mother Nature market forces will
- 13:32prevail. So even if they push us down
- 13:35today, which I don't, you know, I'm not predicting, I got a
- 13:37feeling we're going to pull back and have a nice solid run
- 13:41through the end of the day. It's going to be very
- 13:43interesting. Let's get out here.
- 13:44I want to say thank you to channel sponsor pin backs,
- 13:47right? They make exciting, fun days
- 13:50like this for us to get together.
- 13:52They make it possible. They sponsor Ron's Basement.
- 13:56They sell, It's an online bullion dealer.
- 13:59They sell gold, silver and platinum group metals.
- 14:02The basement community has been overwhelmingly pleased with the
- 14:08service and the prices that they've received from Pinbeck's.
- 14:11I get emails all the time. That makes me feel so good about
- 14:16having them as a sponsor. Look, I'm only going to take
- 14:18sponsorships from companies that I believe in.
- 14:22And I can tell you from the bottom of my heart that I
- 14:24believe in pembacs and I know that they're doing our community
- 14:28well so. Please.
- 14:29Next time you're thinking about buying some gold, silver,
- 14:32platinum group metals, do yourself a big favor and
- 14:36consider pembacs. See what they can do for you as
- 14:39compared to some of these other big online bullion dealers,
- 14:44right? And you never know.
- 14:45I'm not. I'm not giving financial advice,
- 14:47but. The reality is we've had some
- 14:50silver shortages in the past few years.
- 14:53If things progress the way that I think they could, Right who?
- 14:56Knows at some point how difficult it could be for people
- 15:00to acquire physical silver thank you bendbeck's for sponsoring
- 15:05ron's basement there is so much going on let's.
- 15:08Go check. Let's go check and see.
- 15:12What is going on with the gold, gold and silver price in China
- 15:18that here's our friend the Shanghai, I'm sorry, the
- 15:21Oriental Ghost. Here's this one first.
- 15:24OK, we're going to talk about this later.
- 15:26Russia to push new payment system at the BRICS Summit.
- 15:30Guys, the BRICS Summit is in four days and we have some
- 15:33breaking news from that. But we get from the Oriental
- 15:38Ghost all time high on gold in in gold from the Shanghai Gold
- 15:42Exchange and the Shanghai Futures Exchange.
- 15:45But we want to check the silver price too.
- 15:48So these are the prices from China, the Shanghai Gold
- 15:52Exchange, because we emphasize the high because the price is
- 15:56always higher. There's AG that's silver on the
- 16:00Shanghai Gold Exchange only $34.48.
- 16:05So substantially, still $2.00 per oz higher than what we have
- 16:10in the United States. Gold price 2000 on the Shanghai
- 16:14Futures Exchange over here, gold 2708, that's U.S. dollars.
- 16:21OK, wow. OK.
- 16:23Yeah, in Shanghai Futures Exchange, silver is at $34.51.
- 16:31So throughout the world, and this is driving massive demand.
- 16:35For silver, we. Are seeing on the physical
- 16:38market the Shanghai Gold Exchange, we are seeing
- 16:42substantially higher prices. What about this?
- 16:45This is what's happening, right? Gold and gold and silver
- 16:50precious metals are in an epic battle with the US dollar.
- 16:56Who's winning? I think gold and silver are
- 16:59winning. How do we know that?
- 17:01Listen to this guys. I mean, it's getting so
- 17:03interesting. This is from Make Gold Great
- 17:06Again. Bank of America said this.
- 17:09He says wow, Bank of America today.
- 17:13Do I have you guys up? Hold on here.
- 17:15Nope, I don't. Sorry.
- 17:17Here we go. Sorry about that.
- 17:20Bank of America Today Gold. Now I'm paranoid.
- 17:26OK, Last time I'll check. Bank of America Today Gold.
- 17:30Is the last safe haven. As Treasuries face risks with
- 17:37USA debt, Bank of America, is that like the biggest bank?
- 17:41If they're not, it's one of the biggest in our country,
- 17:45definitely one of the top two or three.
- 17:47Anyway, they're they're saying gold is now the last really true
- 17:52safe haven that the dollar is trash.
- 17:55Remember what we just talked about how the US dollar and
- 17:59precious metals are in a cage match right now And what that
- 18:02means to you, right? If you hold physical silver or
- 18:06hold physical gold is that is the metals continue to prove
- 18:11their superiority the paper Fiat money.
- 18:15The value, the real value of what you own is going to go up
- 18:19and up. Bank of America, let's look at
- 18:22this. Gold is the last safe haven.
- 18:26There's gold, right? Standing strong with the
- 18:29American flag. That's right.
- 18:32And there's Treasuries, though. That's the dollar.
- 18:34It's a burning house. I mean, it's so sad, but it
- 18:38really is. I mean, that's the reality.
- 18:40Hey. And it's OK for us to know this
- 18:42and say this because guess what? Guess what the founding fathers
- 18:47of our country put specifically gold and silver into the US
- 18:52Constitution is the only form of real money.
- 18:57Right the the the 1913 when they created the Federal Reserve.
- 19:01Woodrow Wilson, who later greatly regretted that decision.
- 19:05That's all a bunch of BS. The founding.
- 19:07Fathers of our country put it in the Constitution right and gold
- 19:12and silver, and they knew. They knew.
- 19:15Think about that. They knew that gold and silver
- 19:18would win overtime. Timeless, temporary make believe
- 19:24paper, Fiat, dollar, whatever however you want to say it.
- 19:27Let's go to see what the Let's get a little more info on what
- 19:30Bank of America is saying, OK? Gold is the last safe haven as
- 19:36Treasuries face risks from soaring U.S. debt.
- 19:39Bank of America says traders and central banks should increase
- 19:45exposure to gold, Bank of America says, and this is true
- 19:49for silver as well. This is why people are moving
- 19:54away from paper money, Fiat money throughout the entire
- 19:59world. And we're going to talk about
- 20:01what the bricks are doing here, and that's going to be happening
- 20:03here just in the next 4. Days, it is crazy.
- 20:08OK, the Bank of America, why else, right?
- 20:10The Bank of America strategist says Treasuries face risks.
- 20:14As U.S. debt levels soar, the analysts see gold hitting 3000
- 20:19an ounce by the end of the year and maybe by the end of the day,
- 20:22the way things are going, implying an 11% upside.
- 20:27All right, it's, it's all the, this is all the standard stuff
- 20:29that we already know here. Just just one paragraph.
- 20:34Gold looks to be the last safe haven asset standing.
- 20:40Let me say that again with a little more emphasis.
- 20:42Gold looks to be the last safe haven asset standing,
- 20:48incentivizing traders, including central banks, to increase
- 20:52exposure, the strategist said in a Wednesday note.
- 20:55This is. Bank of America, they explained
- 20:59that with U.S. debt expected to keep soaring.
- 21:01Oh God, wait till you. You just got ripped off, $1500.
- 21:05What is that's like 2 tubes of American Silver Eagles.
- 21:08You got ripped off. We're going to get into that a
- 21:11little bit here, but they explain.
- 21:13That with U.S. debt expected to keep soaring, Treasury supply
- 21:17bases risks. At the same time, higher
- 21:19interest rate payments as a share of GDP will make gold and
- 21:24attractive. Asset in the next few years, the
- 21:28system it's a whirl. It's a debt Whirlpool.
- 21:32It's a debt spiral. It's falling apart right before
- 21:37our very eyes slowly, fastly, however you want to say it,
- 21:41however it plays out, it's happening and it's happening
- 21:45right now in real time. Here, let's go to this.
- 21:51Hold on here. Let me see if I can find this
- 21:53here. Make sure I got you guys on the
- 21:57screen. I do.
- 21:58OK here. You want to hear how you got
- 22:01ripped off 15? Here, let me look at this.
- 22:09Those dirty politicians in Washington DC just stole another
- 22:15$1500 from you. Let me explain how and why and
- 22:21what that means for silver and gold.
- 22:25Let's go take a look at this. I was shocked when I saw this.
- 22:30OK, this comes from Geiger Capital. 500 billion was added
- 22:34to the national debt in just the last three weeks.
- 22:39Half a trillion, OK, half a trillion in three weeks front
- 22:44running the election. The government truly is out of
- 22:48control, guys. So take out your calculator.
- 22:51Or you can trust me, which may or may not be advisable.
- 22:55Take out your calculator and realize right in three weeks,
- 23:01$500 billion was added to your debt.
- 23:05That's your debt, buttercup. My debt, My kids.
- 23:08Debt you take 5. 100 billion and divide it by 330 million, which
- 23:14is the number of people in the United.
- 23:16States. Guess what?
- 23:18That's. $1500 per person and what?
- 23:24Do you get for that? How about nothing?
- 23:30OK, it is out of control, $1500 in three weeks.
- 23:36Are you kidding me? I mean we are living in fantasy
- 23:39world but when it comes we had 1000 people.
- 23:42This is a a new record for the basement.
- 23:44Thank you guys. I appreciate each and everyone
- 23:46of you being here. OK, It's, it's really is
- 23:50absolutely crazy. Hey, don't forget if you get a
- 23:53chance, check out Dirty man safe.
- 23:57If you want to bury and you're like a little, have a little
- 23:59buried treasure in your backyard, Dirty Man safe.
- 24:03And I wanted to mention to you, they're sending me some safe.
- 24:06So I'm going to get them today. I'm going to show them to you on
- 24:08Sunday. But they do have a discount code
- 24:11for basement dwellers. Ron 10, Ron 10.
- 24:15Ron 10 ten brain cells, however you want to remember it.
- 24:18OK, let's talk about the bricks. Are they backing the new bricks
- 24:22payment system with gold or what is going on with gold with the
- 24:27bricks new payment system? Because this is creating shock
- 24:30waves throughout the precious metals community.
- 24:35Let's go here. First, oh, here, let's quickly.
- 24:38Wall Street Journal. It's happening, guys.
- 24:41Wall Street Journal covering gold.
- 24:43Gold futures rise to new record on demand sliding.
- 24:48This is the Wall Street Journal. Oh, no, did I lose it?
- 24:52There we go. Sliding Treasury yields and
- 24:54China demand. What's interesting, OK, is this.
- 24:59We've heard so much of this all over and over.
- 25:03Here we go, here we go, let's read this.
- 25:07Hong Kong officials stated plans on Wednesday to develop the
- 25:13region into a gold trading hub. Bye bye Comex.
- 25:19Bye bye everybody wave. Bye bye with me to the comex in
- 25:22the LBMA. OK, Did I forget again?
- 25:25Oh my gosh. Sorry guys, it's a crazy day.
- 25:28Hong Kong officials here. Wall Street Journal stated plans
- 25:33on Wednesday to develop the region into a gold trading hub
- 25:36and the precious metal is becoming increasingly popular.
- 25:41Wall Street Journal with developing economies looking to
- 25:46diversify their foreign reserves and that's fancy.
- 25:51Wall Street Journal speak for saying get out of the dollar,
- 25:55move away from the dollar and move into the only form of real
- 26:00money, which just happens to be in the United States
- 26:01Constitution. Gold and silver SP Angel analyst
- 26:06said in a note. It's a big deal that Bloomberg,
- 26:10it's a huge deal that the Wall Street Journal are covering the
- 26:14precious metals, and it's just starting.
- 26:18Remember the chart we looked at earlier, 1% of the world's
- 26:21financial assets are in gold and silver.
- 26:24We are at the you are ahead of the curve.
- 26:27OK, you. You bought the winter coat in in
- 26:32September because you knew it was going to be a real cold
- 26:35winter, right? You maybe you didn't need the
- 26:38coat for a couple weeks and people are.
- 26:40Like why do you buy and went no you bought it when it was on
- 26:43sale. Good job, right?
- 26:45You bought your silver, you bought your gold, you bought
- 26:47your precious metal mining stocks.
- 26:49You're ahead of the curve and you are going to be greatly
- 26:53rewarded. Look, the fact that we've got
- 26:55welcome to all the new basement dwellers.
- 26:57By the way, guys, those of us who've been here for a while say
- 27:00welcome to the new basement dwellers here.
- 27:02You know what, I'm going to do it myself.
- 27:04Welcome. And if you want, I can't read it
- 27:08all right now because I got a lot more to cover.
- 27:10But just so you guys can see everybody say where they're
- 27:13joining from. We got people all over the
- 27:15world. We got a lot of new people here
- 27:17today, and it's just starting. Even those of you who have just
- 27:20showed up, those of you who've been here for years, Right?
- 27:24Yeah, I appreciate that. You know that my loyal original
- 27:28followers, we got a lot of new people showing up.
- 27:31And that only means one thing. We are at the just the
- 27:35beginning. We're in the second, third
- 27:37inning of what I think could be a massive, massive move for the
- 27:42precious metals. Let's talk about the bricks
- 27:44countries and this prospect, gold.
- 27:48How does gold play into this new bricks payment system?
- 27:53Let's go check this out and see what we know so far.
- 27:58Oh, boy. It's one of those websites with
- 27:59a zillion ads. Will play whack a mole.
- 28:02Bricks Pay. OK, that's Brazil, Russia,
- 28:05India, China, South Africa. Massive big meeting coming up in
- 28:09four days in Russia. All right.
- 28:13And I remembered Susie's not here.
- 28:16She's over taking care of her mom.
- 28:18So I'm doing this solo. Bricks Pay Alliance officially
- 28:21unveils new payment system. There's the bricks.
- 28:26OK, Let's see if that's Russia, India, South Africa.
- 28:31Who's that guy? What country is he from?
- 28:33China. And wait a minute.
- 28:37Brazil. Brazil.
- 28:40OK, Sorry. All right, here we go.
- 28:43And what is a massive moment for the economic alliance?
- 28:47Bricks pay has officially been unveiled.
- 28:50Does it have anything to do with gold?
- 28:52Let's we're going to. You're going to hear that in a
- 28:54second. And if it has to do with gold,
- 28:56it has to do with silver. But don't tell anybody yet, OK?
- 29:00At the Bricks Business Forum taking place in Moscow,
- 29:03participants received brand. New cards for the long-awaited
- 29:08payment system. The cards are the first official
- 29:11debut of the landmark project, Russian state media originally
- 29:17reported. The demo card contains 500
- 29:19rubles. They can be used for payment
- 29:21throughout 3 locations at the World Trade.
- 29:24Moreover, participants will be able to spend the funds
- 29:28throughout the Thursday and Friday events.
- 29:30So that's the new Brick pay card.
- 29:33OK, very interesting. Now what does it have to do with
- 29:36gold and silver? Let's just we're going to get to
- 29:40that one second. Throughout the last few years,
- 29:42the Bricks Block has sought to increasing increase financial
- 29:45autonomy, AKA move de dollarization, increase de
- 29:49dollarization in an effort to lessen international reliance on
- 29:53western currencies. With the the Blocks annual
- 29:57summit just a week away, it has made a massive step towards that
- 30:01goal already. The Bricks Pay system has
- 30:03officially been unveiled at the Collective's business forum in
- 30:06Moscow. Those who participate in the
- 30:09event received a demo version of the payment system card.
- 30:12They've been given funds to spend through the blockchain
- 30:14based system. Now this is making waves and
- 30:18they got to register with a with AQR code does this what does
- 30:21this have to do with gold? Well, OK, here we go this this
- 30:26this screenshot has been making its way around the Internet says
- 30:29break. Oh here, let me read this to you
- 30:31breaking bricks pay confirm to support gold as a payment
- 30:38option. So if we look at this
- 30:40screenshot, we can see the currencies.
- 30:42You can use U.S. dollars, euros, Brazilian, South African,
- 30:47Indian, Iranian, Chinese and Chinese yuan and XAU gold.
- 30:56OK, So as we've talked about exhaustively, as the bricks
- 31:01continue to de dollarize, de dollarize, why is that a big
- 31:06deal? What does that mean for you and
- 31:09the gold and silver that you own?
- 31:14I think we're on the right screen now.
- 31:15Hey, I see you. Thank you for being here.
- 31:18Why does that a big deal? You're like, I own Gold Island
- 31:20silver, what's bricks got to do, blah, blah, blah.
- 31:23Because the world is bifurcating.
- 31:26And over here you have the bricks.
- 31:27And they control a lion's share of the world's resources.
- 31:31They control a. Lion's share of the world's
- 31:35economy. They control, even more
- 31:37importantly, a lion's share of the world's economic growth.
- 31:41And guess what? They want to move away from the
- 31:46dollar. So what are they going to move
- 31:47to? What do you think?
- 31:50Right, If they're not going to use the dollar, they don't trust
- 31:53each other either, right? They very little trust.
- 31:57If you're a Chinese guy, if you're a Chinese businessman, do
- 32:00you want to hold Russian rubles? Probably not, no.
- 32:04I mean, that's just the reality. If you're a Saudi Arabian, do
- 32:07you want to hold Chinese yuan? Probably not.
- 32:10In case you haven't noticed, China's been in big trouble
- 32:12lately. They want gold.
- 32:15They want gold. Their new Bricks Pay system
- 32:19apparently has a gold payment option.
- 32:22Very interesting. So.
- 32:25So let me ask you this. Let me ask you this.
- 32:28Let's say you're using Bricks. Pay.
- 32:30And let's say you're a Chinese person and you just bought some
- 32:33oil from Russia, right? Or you're a Russian and you
- 32:38bought, oh, wait a minute, you're a Chinese person.
- 32:40You bought oil from Russia. You pay them in Chinese yuan, or
- 32:46they could get paid in gold. Which would you take?
- 32:48You'd take the gold. Right.
- 32:51I mean, the bottom line is everybody's so caught up on the
- 32:56gold standard, going back to the gold standard, going back to the
- 32:59bricks, having a gold backed official gold backed settlement
- 33:02currency, We don't need it. Gold is fine.
- 33:06Silver are fine, right? Because you know what, they're
- 33:09going to go there anyway. That's what happens.
- 33:12This has happened. What's so important, right?
- 33:15Here's here's an example to show you why the world always goes
- 33:18back to gold. Just do a little bit.
- 33:21Trust me, I've done it just a little bit.
- 33:23I'm not a historian, but the smallest, sorry, I've got a
- 33:26silver cat down here. She is.
- 33:28She knows something's up with Silver.
- 33:30The smallest study of history will show you.
- 33:33You guys want to see Pippi the Silver Cat?
- 33:35I bet she'll come over here in a second as long as she doesn't
- 33:38unplug the Internet cable. People want the gold and silver.
- 33:44The smallest study of history will indicate to you that, guess
- 33:48what? What we're going through right
- 33:49now, I know it's the first time. It feels like the first time,
- 33:54you know that song, right? But it's not to us.
- 33:58It's the first time we have just our life, each of our little
- 34:02movies. And during our life, the dollar
- 34:05has always been valuable, right? I know I was brainwashed.
- 34:08I believe it. I still believe it.
- 34:10It's not to us. It's recency bias.
- 34:14The reality is, if you look at history, history indicates
- 34:18unequivocally that paper currencies always.
- 34:23Fail. Not most of the time.
- 34:28Not a vast majority of the time. Every single time.
- 34:34So, so I want you to think about this.
- 34:37I'm going to show you something to demonstrate why that is so
- 34:41important. Hold on, there she is.
- 34:47OK, you see her right? Fiat currencies fail every
- 34:54single time. They always have.
- 34:56That's her leaving the coin shop before they realized that they
- 35:00gave them paper for silver. This idea that we can actually
- 35:05convert paper into silver, or gold for that matter, is so
- 35:09critical, guys, It's so critical.
- 35:12Right. I mean, any or any other real
- 35:15asset, copper, land, oil, whatever it may be, it is so
- 35:19critical for us to protect ourselves in that manner.
- 35:22All right. Woof.
- 35:24Man, we've got so much going on here talking about the national
- 35:27debt. Let's go back to see what Don
- 35:29Dendre sent us. Oh, by the way, that's me for
- 35:32use or new. That's the day that I visited
- 35:35the the Comex. Those are the Comex clowns.
- 35:40If you made $5000, I'm sorry if you think about this, you made
- 35:47$500,000 per day, every single day since the great Pyramids
- 35:54were built. You at this point would have
- 35:58half of what the US government has borrowed just since June.
- 36:03We are in big trouble. We are in big, massive trouble
- 36:07in this country. And here's a great indication
- 36:11why right there, right? I mean, the debt, it's, it's
- 36:14become, it's, it's a Ponzi. It's a, it's a, it's a debt
- 36:18spiral. It's a debt Whirlpool, however
- 36:21you want to look at it. Wow, there's so much going on.
- 36:24I don't know what else. Oh, boy.
- 36:29Don't forget, we've all been fooled by the Fed.
- 36:32OK, I'm going to read this to you.
- 36:33I wrote this for you special last night.
- 36:36This will move gold and silver. It's happening right now.
- 36:39We're going to go out the pin backs right now.
- 36:41And then I want to read this very important passage that I
- 36:44put together for you last night and shows why.
- 36:48Take a deep breath. Let's just do it.
- 36:50I'm going to press the gold, the little gold triangle there, the
- 36:52pin backs magic button. Come on. $0.89 yes, yes.
- 37:01Join me, gold and silver investors, We're going back up.
- 37:05Could we end the day up a dollar per oz in silver?
- 37:09Yes. You know Chris Marcus from
- 37:12Arcadia Economics, he sent me a text this morning.
- 37:15He was like, are you running around your basement naked,
- 37:18jumping up and down? He said no, but I am very happy.
- 37:20I'm very happy now. Let's get to something serious.
- 37:24That's why silver's up $0.89. This is why, and it's going to
- 37:28continue. I believe I could be wrong.
- 37:31Don't make any financial decisions based on anything that
- 37:33I'm saying, but I believe it will continue to go much higher,
- 37:38OK? This will move gold and silver
- 37:40higher. Everyone has been fooled by the
- 37:42Fed, but the Fed is becoming impotent, neutered, OK.
- 37:48This this is great. the Fed is being compelled to cut interest
- 37:51rates. Why is the Fed cutting interest
- 37:54rates? Not because of cooling
- 37:56inflation. Inflation is cut is not going.
- 37:58Anywhere, buttercup, be prepared.
- 38:00Be prepared to spend more on eggs, gas, everything.
- 38:03OK, so they're not cutting because inflation is down or
- 38:07because the economy is slowing. The only reason the Fed is
- 38:11cutting rates is because of our country's poor financial
- 38:15condition that requires low rates just to be able to, to, to
- 38:20sustain the import, the, the, the, the exploding debt.
- 38:24OK, he's in a box. Jerome Powell is in a box. the
- 38:28United States is fiscally trapped.
- 38:31We had a $2 trillion deficit last year, $2 trillion deficit.
- 38:37And no, there's no will. There's no political will by
- 38:40either party to control the spending.
- 38:43Monetary debasement is inevitable.
- 38:46Let me give you a quick visual. OK, here's our friend Jerome
- 38:51Powell. He really is in a box for those
- 38:53of you who are new. But what's in the box?
- 38:56The only thing he knows how to deal with this and that is print
- 39:01print, print, print print. OK, that's the reality.
- 39:07They're pretending that inflation is under control.
- 39:11They're just pretending they need inflation.
- 39:16That's the only thing they can do at this point to keep the
- 39:19system alive. OK, but the reality is higher
- 39:23interest made interest rates. Oh, hey guys, hold on a second.
- 39:26I got her. I got her.
- 39:28Those of you who've been around a long time, remember this girl?
- 39:34That's Pippi, the silver cat. Oh, she's OK.
- 39:38Do you think Silver's going up or down, Pippi?
- 39:42All right, there you have it. Pippi, the silver cat says
- 39:47silver is going up. I heard it.
- 39:49Did you hear it? OK, back to the Fed.
- 39:52We're in this. This is, this is This is the
- 39:54part that is on. It is is.
- 39:58Mind boggling. Uh oh.
- 40:02OK, Anyway, mind boggling about it all.
- 40:05We're in this horrific situation in this country, OK, but we
- 40:11haven't even had any type of crisis yet.
- 40:16Like like we're in a financial condition, like we were worse
- 40:19that are bad as we were at the end of World War 2 while we were
- 40:23entering a period of peace and prosperity.
- 40:26Now we're in that like we just finished World War 2.
- 40:29Now we're in this horrific situation and we haven't even
- 40:33faced a crisis. What's going to happen when we
- 40:35face a crisis? I don't want to scare you, but
- 40:37it's the reality. OK, Washington doesn't care.
- 40:42The United States are dead. Just think about this the the
- 40:46debt. Levels are growing in this
- 40:49country faster than our GDP. I know Pippi Hope, I don't know
- 40:55if you guys can hear her, but she is really active today.
- 40:58Pippi and the silver cat that's like.
- 41:01You if your debt level is growing fat.
- 41:06OK, Pippi. No, no, no, no.
- 41:08Don't step on the computer. All right, guys, hold on here.
- 41:13Stay down, Pippi. This is what happens when
- 41:16Susie's not home and her cat gets in the basement.
- 41:19Anyway, I know the debt levels are growing.
- 41:25Sorry, the wheels have officially come off the bus.
- 41:27The debt level is growing faster than the GDP.
- 41:30That'd be like you having your debt.
- 41:33Personal debt levels growing. You're exponentially bigger,
- 41:37faster than your income. Money printing, right?
- 41:40This is the only answer. Thank you to our friend Don
- 41:43Indris for sending that nice quality $100 bill.
- 41:48Teepee. OK, and we've already seen this
- 41:52with I see you here one more time.
- 41:56OK, then I got to get back to the live stream.
- 41:58Pippi want to say hi to everybody.
- 42:01So this is Pippi the silver cat. The story on her for those of
- 42:04you who've been around number of years when we got this.
- 42:07Cat. She was a brown color.
- 42:10And we talked about silver. Silver.
- 42:13Susie, my lovely wife and I talked about silver so much that
- 42:16this cat slowly turned into this beautiful, I don't know if you
- 42:20can see it, silver color. Now, will you leave me alone so
- 42:23I can finish the live stream, please?
- 42:26Wonderful. Yeah.
- 42:28So the only option is money printing.
- 42:30And we already see that the M2 money supply is going up and
- 42:34it's. Time for our exciting daily
- 42:36field trip. Basement dwellers to the US net
- 42:40black. Oh boy, we're almost to 36
- 42:44trillion. We just got 30. 535 trillion a
- 42:47little bit ago. That's not what we're here to
- 42:49look at. What we're here to look at is
- 42:52this. Got this nice and big.
- 42:55Oh, shoot, hold on here. OK, see if I can get up there
- 43:01where it is. OK, over here.
- 43:05Nope. Down we're going to get there it
- 43:07is right there in the middle of the screen USM 2 money supply.
- 43:11Do you see that that's growing? That's like all your checking
- 43:14accounts, all your savings accounts, your money market
- 43:16accounts. That's the amount of money
- 43:19that's being created. You can Google M2 money supply
- 43:22if you want to learn about it. It's it's interesting, kind of
- 43:26interesting. But anyway, it's Unicorn fart
- 43:28desk paper money being created. Now what we want to look at.
- 43:32So I don't think we did this yesterday is the OK, there we
- 43:37go. Dollar to silver ratio is now at
- 43:41727 a week ago. That let me back up.
- 43:47What that represents is for each one ounce of silver that's being
- 43:52being produced, mined on an annual basis in the entire
- 43:56world, for each one ounce of silver, there is 727 dollars
- 44:04being created via the M2 money supply, 727 for each one ounce
- 44:11of silver. And it continues to skyrocket.
- 44:15It was just a 400 a couple months ago, 506, seven guys,
- 44:19they are printing money and because that's the only thing
- 44:22that they can do. Look at this the paper to silver
- 44:26ratio went up to four O 8. That represents the amount of of
- 44:31electronic paper Comex LBMA claims on silver to the actual
- 44:37number of Oz of silver that are being produced.
- 44:39That's 400 to one that's paper Unicorn fart does make believe
- 44:44La La land silver to hey we got a thank you for the Super chat
- 44:49man. You guys are awesome.
- 44:50We have we have broken records today.
- 44:52We are at almost 1300 basement dwellers.
- 44:56That's a big, big deal. Let's talk about a little.
- 45:00Do you own a house? Thank you for the Super.
- 45:03Oh man, I miss. I'll go back and get all the
- 45:05Super chats here before we're done.
- 45:06Do you own a home, right? I mean, it's a primary need that
- 45:11all of us have to own to sleep somewhere to have some shelter,
- 45:15right? If you own a home like I own
- 45:17this home and and you're concerned about a real estate
- 45:21crash, right, We have something happening right now as we're
- 45:25heading into what could be some very challenging times on many
- 45:29different levels for this country in the real estate
- 45:32market that I think we need to take a look at because it could
- 45:35demonstrate for us that we very well may be heading for some
- 45:39difficult challenging times. Let's go take a look.
- 45:43Hey, you know. What though guys, I want to do
- 45:45something to give a shout out real quick if you're new to the
- 45:49channel. We've got a great.
- 45:51Friend of our channel, Coin Shop Chris.
- 45:55Coin Shop Chris is his own YouTube channel now.
- 45:57He left me high and dry right now.
- 46:00He's a great friend, great friend of the channel, great
- 46:02friend of many of you. Please at some point go out on
- 46:06YouTube, type in Coin Shop Chris and check out his channel
- 46:09subscribe. He's a great guy and he's been
- 46:12going through some rough times with the weather events that
- 46:15happened last week. Anything you can do to help him
- 46:18out or just subscribe to his channel would be great.
- 46:20And he's got great, great, great content.
- 46:22Now let's go out and take a look at why you need to be concerned
- 46:26about housing real estate from the Kobesi letter.
- 46:31OK. Just then, US mortgage
- 46:33applications have dropped by? 17% over the last week.
- 46:40In one week we almost had a 20% drop in mortgage applications,
- 46:44the most since. Excuse me, April of 2020.
- 46:49At the same time, the refinancing index dropped by
- 46:5226%, posting the biggest decline.
- 46:55And again, these are numbers that that are that are are only
- 46:59were exceeded during the peak of the of the.
- 47:05Thank you. Susie just texted me of the what
- 47:08do we call it, the health crisis that we had back in March, April
- 47:11of 2020. This comes after mortgage rates
- 47:14have gone up. On top of that, mortgage
- 47:16purchase applications recorded. So the housing market, let's
- 47:19look at this. Mortgage demand is collapsing.
- 47:24Look at this, OK, Look at this, OK, look, look, look, just over
- 47:30the last what boy, several months we are seeing the
- 47:36mortgage, the housing. It's not going to be pretty, OK,
- 47:40If you own a home, let me give you one quick piece of advice
- 47:42like I do, and you got some number in your head of what your
- 47:45house is worth. Well, possibly be prepared that
- 47:49that might, that might, that might fall apart.
- 47:51Now, what does that mean for silver and gold?
- 47:54OK, what does that mean? Do we got the one last thing,
- 47:57one big, big, big kahuna that we need to talk about?
- 48:02OK, Remember earlier we looked at the fact that only 1% of the
- 48:05world's financial assets are invested in gold and silver for
- 48:09that matter. Right now, guys, there are 6.5
- 48:13trillion. I'm going to give you 6.5
- 48:15trillion reasons why you need to be excited about your investment
- 48:19in silver and gold, $6.5 trillion parked in money market
- 48:23accounts. OK, safe money.
- 48:26That's your neighbors. That's their safe money.
- 48:29That's your mom and dad, that's your brother and sister.
- 48:32Those your whatever, you know, people you go to church with,
- 48:34whatever you work with. They've got $6.5 trillion
- 48:39sitting in money, Mark. They don't want that money in
- 48:41the stock market, or it would already be.
- 48:43There OK, they don't want in the stock market so this is going to
- 48:48create a tsunami of new wealth coming into the precious metals
- 48:52because when the real estate. Market starts to crash.
- 48:56When the stock market starts to struggle and when those people
- 49:01that have all that money in money market accounts also start
- 49:06to experience very high inflation again and they're only
- 49:10making 3% on that 6.5 trillion and they all.
- 49:14Collectively all 6.5 trillion of them scratch their head and say
- 49:18this is not a good situation. I'm only making 3% on my money
- 49:23market, but when I go to the grocery store, everything cost
- 49:2810 or 20% more. I'm losing money.
- 49:32Now you know this ahead of time, but when they all wake up
- 49:35collectively and they look around, this is what happened in
- 49:38China. It's a great example.
- 49:41Same thing happened in China. The residential real estate
- 49:44market crashed. The stock market crashed.
- 49:47They don't trust the banks, right?
- 49:50And they all collectively realized and they all started
- 49:53buying gold, which is the big reason why gold and silver have
- 49:55done so well over the last year. The same thing's going to happen
- 49:59in the United States of America. We aren't immune.
- 50:03We are not immune. And when that 6.5 trillion even
- 50:07just a. The darn cat makes me cough.
- 50:13This is a little bit of it. Just the itsy bitsy teeny weeny
- 50:17bit of it. Comes into the gold and silver
- 50:18market bungle up buttercup, you're going to go for a wild
- 50:21ride thank you to the I got to say thank you to all the we got
- 50:25a few more things housekeeping things to do thank you to.
- 50:30All of the we're going. To blow the whistle that we got
- 50:33from Don Indris. What a great supporter of the
- 50:35channel. Thank you to all the moderators
- 50:38Jake from Jake's Custom Parts, the one and only Jake who's been
- 50:42here in the basement now several times live.
- 50:44We love you Jake. Thank you Big Tim, the
- 50:46Silvershire, the one and only Annie Oakley and Susie Silver.
- 50:52Susie who sent me a text and said we have 400 thumbs up,
- 50:56which means we. Blow the whistle, boys.
- 50:58This is the silver whistle, all right?
- 51:00It's a train whistle and over here it will tell us all the
- 51:06different. You can probably.
- 51:07There you go. You can kind of see it now all
- 51:12the different. I think I'm allergic to cats.
- 51:18We'll do flag man protect the train front, which is 3 shorts
- 51:22and a long. Did you guys hear that?
- 51:33Hold on a minute. Sometimes I got the settings.
- 51:36Let's go back to audio echo cancellation.
- 51:40Oh yeah, we don't want that. I need and I want to adjust the
- 51:43microphone noise. All right, let's try that again.
- 51:53Hi ho silver oh super chats man. You guys have been super
- 51:57generous. We have our friend Brian draft
- 52:01more caffeine. Ron, keep the silver soaring.
- 52:03Thank you. Thank you Brian for the Super
- 52:06chat. Hey our good friend channel
- 52:09regular Silver Surfer silver miners are on fire, woo.
- 52:12Hoo, we love it. Thank you, silver surfer.
- 52:14I own a lot of silver miners. Lizard Jupiter super sticker.
- 52:19Thank you, Jay Lizard. I'm sorry.
- 52:22And the whoa, here's a big one. They all count.
- 52:25They all Long live coins, 10 bucks.
- 52:28Wow, thank you. And I think I the other one,
- 52:31Brian Drap. Yep, Thank you, Brian.
- 52:33Thank you guys. Thanks for being here on a
- 52:36serious note. Right, This is our community
- 52:39that it's not Ron Tube, it's YouTube.
- 52:42So I owe you a big debt of gratitude for giving us your
- 52:45time for being here. I want you to know that you're
- 52:50always welcome, right? I mean, we rarely ever have to
- 52:54ban somebody from this channel cuz there are so many good nice
- 52:57people. If you have any questions ever,
- 52:59e-mail me, put it in the chat. You wouldn't believe the number
- 53:03of great friendships that have been forged through this channel
- 53:07into me. It's a big honor that I get to,
- 53:10I guess I would say facilitate it, moderate, whatever you want
- 53:14to call it. It's a big deal.
- 53:15Thank you. Let's go silver, let's go gold.
- 53:18Hey, thank you. By the way, to 1st Mining gold,
- 53:21I've almost forgot, right? They're a big sponsor as well.
- 53:24Canadian gold development company with two multi million
- 53:27ounce projects in Canada. Also Fortuna Mining, a gold and
- 53:32silver producer with operations in Latin America.
- 53:35Silver and gold in Latin America and gold in West Africa.
- 53:40Look, I buy my silver from Pinbacks.
- 53:44I own a lot of First Mining gold and Fortuna Mining.
- 53:48I only take sponsorships from companies that I work with, OK,
- 53:54I'm not giving financial advice, not telling you when to buy or
- 53:57sell physical gold and silver mining stocks can be risky.
- 54:00But I will share with you what I what I own and what I do.
- 54:03And I'm very grateful that the companies that I've invested my
- 54:07own money in believe in us also the basement dweller community.
- 54:11So thank you to the sponsors. Hey, let me mention this one as
- 54:14well. Hold on here.
- 54:15I'm going to do it more on Sunday, but I'm still waiting
- 54:19for somebody to please send me. Let me get see if I can get
- 54:25Brian. Brian, you're going to be
- 54:27removed from the screen. Has anybody bought one of these
- 54:31or used one of these Dirty man safe?
- 54:32I'm supposed to get three of them today.
- 54:34I'm going to talk about them on Sunday.
- 54:36I'm curious if anybody in the community has purchased one of
- 54:39these. They did give us a 10% off code
- 54:42Ron 10 and basically it's a safe there.
- 54:46It is on the left and it's got all these specs.
- 54:49It's last 50 years, whatever. And you, you bury it in the
- 54:52ground. You can put whatever you want in
- 54:54there, I guess, long as it fits silver, gold papers, but you
- 54:58bury it. Let me show you.
- 54:59This is how you do it. You like dig a hole and you put
- 55:03the sleeve, that big sleeve, that sleeve down in the hole and
- 55:07then you put your stuff inside the, the thing that the, the
- 55:10canister there that says dirty man.
- 55:12And it's got a handle. You can see.
- 55:14Anyway, you lower it while you put the sleeve down in there
- 55:17first, Oops. And then you lower the safe.
- 55:20It's all sealed up, waterproof and all that.
- 55:23And you slide that white thing over the top of it and then you
- 55:27fill over the hole and very critical.
- 55:31You remember where you buried it and it allows you to like have a
- 55:34little buried treasure in your backyard, right?
- 55:40And then when you're done, when you want to pull it up, you dig
- 55:42up and then you there's a see that wire, there's a like it's
- 55:45like industrial grade stainless steel.
- 55:48You pull it back out of the ground.
- 55:49So I'm curious if anybody that gives the the specs on it all
- 55:53that good stuff. There we go.
- 55:54I'm just curious if anybody has bought one of these, if you like
- 55:58it, any of that good stuff. All right, guys, thanks for
- 56:00being here. Thanks for being part of the
- 56:02basement. I hope you have a great day.
- 56:05OK, and I will see you soon. Bye bye.
- 56:10Bye bye.