Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / Silver BREAKING OUT! Don’t Make This Mistake Now! (Gold & Silver Price Update)

Transcript

Silver BREAKING OUT! Don’t Make This Mistake Now! (Gold & Silver Price Update) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:01
A massive threat to your silver hiding right inside your home.
0:06
We're going to have some fun with that, and we're going to
0:08
talk about that a little bit later.
0:10
But we are experiencing historic moves yet again.
0:13
Seems like we're saying it every day, doesn't it?
0:16
In the silver and gold market. We're going to talk about what's
0:18
happening, why it's happening and what we can look forward to
0:23
in the future for the price of precious metals and the precious
0:28
metal mining stocks. We're going to I want to hear
0:30
from the silver, silver billionaire, the new Hunt
0:33
brothers. We're going to talk about a new
0:35
analyst telling us we could go well over $100 and silver
0:41
because you may be hearing we're going to hit 100 and pull back.
0:44
We'll we'll talk all about that in an unbelievable gold price
0:49
computation from a major in financial investment firm.
0:54
Man, there's so much and and then we're going to talk about
0:57
the big factors that are going to push the precious metals, not
1:01
just tomorrow, not just next month, next year, but for
1:06
decades to come. Why we could be in super, super
1:09
good shape. One thing I know for sure, we're
1:11
in good shape right now because you're joining me down here in
1:14
the basement. I hope you feel like you found a
1:16
new friend, a new home away from home.
1:19
And it's not just me, it's all the people in the basement
1:22
dweller community coming together to support the precious
1:25
metals, to support each other. Please subscribe to the channel.
1:29
We got that special still running for 2026.
1:34
It's free to subscribe. Everything here is free.
1:37
Give the video a thumbs up, leave a comment in the comment
1:39
section so we can learn from you and about you.
1:43
And most important, thank you for being here.
1:45
Oh yeah, super chats. Never expected, always super
1:48
appreciated. So thank you.
1:50
And I got a nice $5 donation on PayPal this morning.
1:54
Really appreciate that. Thank you, guys.
1:56
OK, let's get started. Let's go look at the price.
1:58
Should we start in the United States or should we go to China
2:02
first? Let's go to China and let's see
2:04
how the silver price did in China last night.
2:08
This comes from the Kobesi letter.
2:10
They're big what, 1.2 million? You can see that 1.2 million
2:17
followers on the X platform alone.
2:19
This is a big, big, respected account on the X platform, and
2:24
they tell us that breaking Shanghai Silver prices soar to a
2:29
record $105 per oz. Hold on a second here.
2:35
Hold on a second, guys, make sure we're not having tech
2:37
issues. Oh boy, hold on, hold on.
2:43
Let me know if you can see me and hear me.
2:47
Hopefully we can shoot I. Can see the Kobesi.
2:57
Letter you can. OK, give me one second guys.
3:00
I will be right back and see if we can get this to work.
3:06
Here we go. OK, now we're back.
3:07
Kobesi letter tells us, right, that in China, $105 per oz now
3:13
trading at a massive $13 per oz premium to the spot price in the
3:19
United States. I mean, my gosh, $13 premium.
3:24
I remember when silver was $13 an ounce period.
3:28
The physical silver shortage in China is intensifying, and we're
3:32
getting all kinds of reports from our contacts in China that
3:36
that is indeed the case. There's the price in China,
3:39
unbelievable. Here's another report from China
3:43
from Macro Liquidity, our friend Sunil.
3:46
At the point at this time, it was a $12.00 premium.
3:50
The physical that this is physical stress.
3:53
The East is bidding for metal while the West is suppressing
3:58
with paper. And there you go there that
4:00
looks like it's from Bloomberg, but I can't say that for sure.
4:03
So guys, we are seeing a complete decoupling.
4:08
Is that the right way to say it? We talked about this three weeks
4:11
ago. What we're seeing is a
4:13
decoupling in the physical price in China, in the paper price
4:17
that who cares about the paper price?
4:19
What do you think's going to determine the price of silver in
4:22
the end? It's the physical price that
4:25
will determine it and it's happening right now.
4:29
We're seeing the paper price be drug higher, begrudgingly right
4:34
by the physical price and by China.
4:36
And later on we're going to talk about some crazy data out of
4:40
China that explains to us why this is happening and how it is
4:44
happening. I do want to remind you of one
4:46
thing I checked officially before we came on, OK, Today
4:52
we're sitting at let's go check. We're going to go take a look
4:54
and then I'm going to share an astounding fact with you about
4:57
what is happening right now in the world of silver in
5:01
particular. This is the world spot price and
5:05
right now we're at $3.55 above $90.00 per oz in silver.
5:11
I know it pulled back a little bit, of course, right, that's
5:14
going to happen guys. It's not just straight up, but
5:17
we are at $90.62 in the spot price.
5:22
I want you to look me in the eye because this is a fact.
5:26
One year ago today, we sat down here, we talked, right?
5:31
We looked at the silver market. The silver price was less than
5:36
$30 per oz. It was actually $29.69.
5:42
So don't make the mistake. Don't let your emotions get
5:45
involved as you're thinking about whatever investments you
5:49
may or may not have in silver, in gold, in precious metal
5:53
mining stocks. This is a crazy emotional time.
5:56
It's easy to get upset in a good way and a bad way with with
6:02
what's going to be some big volatility coming down the road.
6:05
OK, I'm not predicting a big crash or anything like that.
6:10
I'm just telling you, don't make the mistake of letting your
6:13
emotions make decisions for you. Anyone who's accumulated big
6:18
amounts of wealth. And look, I'm not saying I'm Mr.
6:21
Perfect, I'm just telling you from my experience and what I've
6:24
read from the gurus who've accumulated big amounts of
6:28
wealth over their lifetimes that that it's so important to not
6:32
let emotions rule your decisions.
6:35
I'm not saying don't make decisions.
6:37
I'm just saying do them in a strategic, non emotional way.
6:41
OK, what about Bateman? Oh, and then we got this big
6:44
threat to your silver that we're going to have a lot of fun with.
6:48
OK, but what did Bateman, the silver billionaire, the new Hunt
6:52
brothers, the guy with 13 million plus ounces of silver
6:56
say? What did he share with us?
6:58
That I think is definitely speaks volumes up.
7:02
We'll go back to that one. I've skipped one, but we're
7:04
going to go here first, Bateman said.
7:06
This silver, silver is ripping faces off but still maybe only
7:13
one in 100 people have any clue, let alone are making purchases.
7:20
We are in the early innings one and only one.
7:24
Only one in 10,000. No, the monetary system is
7:28
failing and precious metals are the life raft.
7:32
OK. And is that is so, so true,
7:35
guys. I'm not trying to stroke your
7:38
ego or make you feel like you're better or worse than anybody
7:41
else, but very few people are interested and are educating
7:46
themselves on what is happening in the overall financial system
7:50
right now. And I agree with Mr. Bateman
7:52
again, to me, he's the new Hunt Brothers.
7:55
I think he'll go down in in history as a significant figure
7:59
in this unbelievable epic situation that we have unfolding
8:04
right now in the precious metals market.
8:07
And he pointed something out that's critical.
8:09
And there's a big reason why the silver and gold life raft, we
8:13
talk about it all the time. If this were if the if the if
8:17
the financial system were the Titanic, right?
8:20
And the Titanic started to list to one side, you and I and the
8:25
other people that understand what's going on are in the very
8:28
first lifeboat right now getting off the Titanic panic, OK?
8:33
When everybody else wakes up, it's unfortunately might be a
8:37
little bit too late. That's when they're going to go
8:39
to their local coin shop. And I'm hearing that it's almost
8:42
getting there right now, but they're going to go to their
8:44
LCS, their local coin shop, to try to buy some silver.
8:49
And the cases are going to be absolutely empty.
8:54
OK, now is there a big threat hiding in your home right now to
8:59
your silver? We're going to get to that next.
9:01
But first I want to say thank you to channel sponsor First
9:04
Mint. They're a silver mint in Las
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Vegas, NV. You guys love them.
9:10
Thank you. Everyday Susie is sending me
9:13
just great feedback from your experience with First Mint.
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I stopped sending them all to the company to them because I
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felt like I was overwhelming them and obviously they're very
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busy now anyway, but they are doing a great job.
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World class silver bullion products in the hands of
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Literally it's from the mine to the mint to you, the Comex and
9:46
the LBMA. They're not involved, right?
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This is the freshest silver on the market.
9:51
You can learn about them at First mint.com.
9:54
I'll pull up their website here for two seconds so you can make
9:57
sure you go to the right place. They got these beautiful display
10:00
boxes too. I have a couple of them here at
10:02
the house, but here it is first meant.com.
10:06
OK, I don't want to scare you guys, right?
10:08
We don't want to. We don't want to be sensational
10:10
and then we're going to. This is for fun.
10:12
We're having some fun here. But there could be a major
10:14
threat to your silver in your house right now and you may not
10:19
even realize almost. I can guarantee you, you don't
10:22
realize that it's there. Let's put a smile on our face
10:25
and look at this one. It's going all around the silver
10:32
and gold community. Silver Ape King posted this.
10:37
Here's the timeline. OK, when silver was $20.00 an
10:40
ounce, that spouse of yours, and maybe you know, maybe it's your
10:45
husband, maybe it's your wife is saying this is your silver.
10:48
What are you doing? What are you thinking?
10:50
And then right at 84 dollars, oh honey, look at our silver.
10:54
I love it. But then here's the real threat
10:57
at $300. They start saying, hey, that's
11:00
my silver. I absolutely love it.
11:05
So there could be a threat. You could be living with a
11:07
threat and not even realize what's going on.
11:10
I don't know about upstairs Susie.
11:12
Maybe she'll chime in here and give me some feedback from her
11:14
perspective, how she feels about all that.
11:17
And I'm going to go back to this one before I forget, there's a
11:22
lot of talk. There's a guy named Golly from,
11:26
I forget which company, maybe TD Securities, who was very bullish
11:30
on silver back about a year ago. He actually predicted that we
11:34
could have a squeeze type situation.
11:37
But then two times recently he had put on big short positions
11:42
and silver, saying it was overdone.
11:44
And Peter Spina shared this one. This is silver breaks past
11:49
$92.00 an ounce, right, triggering TD Securities.
11:52
So, yeah, it is TD Securities short covering stop loss limit,
11:58
but because he had put on a short position, I think back
12:00
around $75.80, maybe $85 an ounce again.
12:04
And we don't ever want to see anybody do this.
12:06
But obviously that's just a meme.
12:09
They're not too happy over there at TD Securities right now.
12:13
What about the US Mint? If you heard this interesting
12:16
news coming from the US Mint and what they are doing right now
12:22
because of these unprecedented, unprecedented times in the
12:26
silver market, breaking news from the Internet, International
12:29
Stacker, hold on here. That's not now, it'll work.
12:34
There you go. Now you're on the right page
12:36
from the International Stacker. Breaking the United States Mint
12:40
suspends all sales of numismatic products.
12:43
No more sales until they know how much to raise the prices.
12:48
Buckle up, this is going to get a lot crazier.
12:51
This was an e-mail a subscriber received.
12:53
And again, this is from International Stacker.
12:56
I think it's a YouTube channel. You might want to check them
12:58
out. But basically this is from the
13:01
US Mint and it says to maintain transparency and a positive
13:04
customer experience experience. We are reaching out to share an
13:08
important update. Due to metals cost, pricing
13:11
adjustments are being evaluated across all numismatic products.
13:15
In addition, rapidly rising silver prices may result in
13:19
silver numismatic products being temporarily removed from sale
13:24
while pricing is updated. We're working expeditiously,
13:27
blah, blah, blah. Basically they're they're
13:30
basically saying we don't know what to do right now.
13:35
So we're going to pull some things off the market because
13:38
these are unprecedented times in the world of silver and gold.
13:42
And Speaking of that, let's do a quick review of just four of the
13:47
big names and the big, big names, the big names and the big
13:51
financial companies and what they're telling us about
13:54
precious metals right now. Because guys, it's happening
13:57
with China, It's happening on the retail side, but it's also
14:01
happening with the big financial service companies.
14:05
Remember this, Bank of America recently floated the idea of
14:09
silver reaching $309 per oz. That was reported I believe even
14:15
on Kitco last week. Morgan Stanley's chief
14:19
investment officer is talking about this new allocation of
14:23
assets that that includes up to 20% in precious metals.
14:27
OK, that's Morgan Stanley. Bank of America, Bank of
14:32
America's Michael Hartnett. It had said something about 25%
14:37
allocation and Jeffrey Gunlock, the new bond king, right, the
14:41
guy that it is just super respected in the overall
14:46
traditional finance right. The the the normal conservative
14:50
world of finance world media told us that he's talking about
14:55
25% in metals is not like overstated.
14:59
So remember, this is happening on many, many levels, but it's
15:02
also happening with big names and big companies.
15:06
Ray Dalio, I mean the list goes on and on.
15:10
David Bateman, the new Hunt brothers, right?
15:13
Everybody is waking up to the need to protect yourselves with
15:17
precious metals. All right.
15:20
And just so we don't lose track, we like to that, we like to we
15:23
love to look at this data point. Do you know how many ounces of
15:26
paper silver were traded yesterday despite the fact that
15:30
the price continues to go up? Those nice people who like to
15:34
adjust the price on the COMEX had quite a day yesterday.
15:39
We'll go to this quickly from the dude, the silver market
15:44
traded only 948 million paper oz yesterday.
15:50
Easily, easily 20. Hold on.
15:54
Hold on, share screen. We'll go back to this.
16:00
All right, hold on guys, having some tech fun here.
16:04
All right, let's go back to here it is now You should be seeing
16:09
the right screen. Sorry about that.
16:10
The streaming software screwed up, not me.
16:13
Silver market traded 900 and 4900 and 48 million paper oz
16:17
yesterday. That's a full almost 20 to 25%
16:23
more than the entire mining mining sector produces in an
16:29
entire year. The paper market did that in
16:32
just one day. To think or to even float the
16:36
idea that the silver price is not manipulated is is I think,
16:41
almost child's play. Next we'll go to Rashad, who has
16:45
been dead on with his predictions lately.
16:49
He puts this out this morning. While most expect silver to take
16:52
a big pause around $100, do I believe question mark, it's
16:58
going to make a surprise move higher, faster and higher than
17:02
most anticipate. So Rashad has been spot on, OK,
17:08
and he continues to think that a move to 100 and even further is
17:13
likely in the books. Again, I'm not a financial
17:15
advisor. I don't have a crystal ball.
17:18
I could be wrong. But at this point with what's
17:20
happening in the silver market, looking at all the factors
17:24
involved, guys, we can't really rule anything out.
17:28
Next, we're going to talk about $39,000 gold.
17:33
You think that's crazy? What about $184,000 gold?
17:38
And these numbers come from one of the world's biggest financial
17:41
services institutions. We'll get to that.
17:43
But first let's talk about channel sponsor First Mining
17:48
Gold. I'm here because of the
17:50
sponsors. Thank you First Mining Gold for
17:52
sponsoring Ron's Basement, their development stage gold company
17:56
with one of them. Has a question.
17:59
OK, thank you. I'll get to I will get to the
18:01
Super chats. Thank you upstairs Susie.
18:04
And she still never gave us a comment on that her taking all
18:06
the silver even though we don't keep it here at the house.
18:09
But nonetheless, back to First Mining Gold, two big multi
18:13
million ounce projects, OK, years and years, $100 million
18:18
plus spent on drilling and developing, determining that
18:22
there's these millions of Oz in the ground in Canada, spring
18:27
pole in Ontario, du Parquet in Quebec, OK.
18:31
The big mining companies, they need to replenish their
18:34
pipelines. They also want to grow.
18:37
And there's also very few big development stage gold projects
18:41
in favorable jurisdictions. And 1st Mining Gold has that.
18:45
You can learn about them at firstmininggold.com.
18:48
Let's talk about these crazy gold numbers and then we'll get
18:51
to the Super chats guys. But we've got a report.
18:54
This comes from Kitco. Excuse me, Kitco from our friend
19:04
Ernest Hoffman who says $39,000 gold, 184,000 gold per oz gold's
19:11
true present day value as a reserve currency in this.
19:16
This isn't some, you know, crackpot with a calculator.
19:19
This came from Vanek. Now Vanek is a big global
19:22
investment management firm. They actually have over $180
19:28
billion under management and I'll tell you how they came up
19:32
with these numbers. Basically they're talking about
19:35
if we were to go back to well here, I'll read it to you from
19:39
for for most of modern financial history, this was not a
19:43
hypothetical question meaning having gold back money.
19:47
OK, this was this is the way it was done for most of modern
19:51
financial history. They noted that quote under the
19:54
classic gold standard paper currency was merely a claim
19:58
check for physical gold and a vault, not unlike those those
20:02
tokenized gold products like Tether is putting out with XAUT.
20:07
OK, Van that so they analyze these numbers and purple by
20:12
calculating the price of gold, the price gold, gold would need
20:15
to reach the back today's money supply.
20:18
We can see just how much paper money has been printed relative
20:22
to hard assets that once underpinned it all meaning gold
20:27
and silver. They divided money liabilities
20:29
by known sovereign gold reserves and red and green.
20:33
First they calculate MO, or the base money.
20:37
This is physical currency plus bank reserves.
20:41
They said in a classic bank run, this is the money that people
20:45
are demanding. So this is the money, the paper
20:48
money that people have, plus the paper money that people think
20:52
they have in their bank account that the bank usually almost
20:55
always doesn't actually have. The second category is M2, which
21:00
we're all familiar with. That's the broad money
21:03
measurement. This adds saving deposits and
21:10
money market funds to the MO. Alright, this is where it gets
21:13
crazy. If gold were to back MO, just
21:17
the base money, it would need to trade for $39,210 per oz.
21:24
If gold were to back the M2, more broad money, right?
21:28
The, the measurement that we hear about all the time, it
21:31
would need to trade at 1:00, $184,000 per oz.
21:38
OK, we're next guys. We're going to talk about the
21:40
silver miners and then probably the biggest factor that affects
21:45
the future of the gold and silver price.
21:48
Some of the big macro factors that are pretty simple and easy
21:52
to understand. We're going to talk about those
21:54
as well. But first I want to run out here
21:56
and check on these super chats again.
21:58
Super chats are never, ever, ever.
22:01
Oh my gosh. Never expected, always
22:04
appreciated. Thanks for your efforts.
22:07
That comes from our friend Jay Giggles.
22:09
I can't. I'm sorry.
22:10
My eyes are bad. Thank you for that super chat.
22:14
The next one from Michelle Kilmer, $2.00 super sticker.
22:18
That's awesome, thank you Michelle.
22:20
Another one from road trip, Road trip adventure Rot rot.
22:24
I have 300 ounces of silver, half of which was purchased 20
22:28
years ago. Thinking of selling half for
22:30
gold when the gold silver ratio drops.
22:33
Or should I stay with silver? You know, again, I'm not a
22:36
financial advisor. A lot of smart people are saying
22:40
that they plan on doing just that if we get to a gold silver
22:44
ratio of 30 or 40. And really that's up to you to,
22:47
to decide. You can listen to me, listen to
22:50
other people, but ultimately you can make that decision for
22:52
yourself. But I love what you're saying
22:55
because it's a great reminder. People always are asking like,
23:00
should I sell my my silver? Should I sell?
23:03
Should I shell my silver, sell my silver?
23:07
Right? It's great.
23:08
I love what you're doing road trip because you're thinking
23:11
about what you're going to do. I always say just my personal
23:14
opinion. I wouldn't want to sell silver
23:16
for paper Fiat money if I was going to transfer it into other
23:20
real assets. I think that's smart, including
23:23
gold. And an easy way to watch that is
23:26
that gold to silver ratio. So good job and good luck with
23:29
that decision. George Lambert.
23:32
OK, thank you, George. I will check out your e-mail.
23:36
I appreciate the Super chat. Don W $2.00 wow, unbelievable.
23:40
Thank you, Don or Dan if I have that wrong, Dan, I believe and
23:45
Bob Brown silver is like the new plastic.
23:49
They make everything out of it. You know, that's interesting.
23:52
And plastics made out of oil. I've also made the argument that
23:56
silver is the new oil. It's the energy metal.
23:58
It's needed for nuclear power plants.
24:00
It's needed for solar panels. It's needed for the everything,
24:04
right. So that's but that's an
24:06
interesting concept. But a plastic is also made out
24:09
of oil. So our our theories stick
24:12
together. Thank you, Bob man, George, the
24:16
impending silver squeeze, structural deficits, market
24:19
dynamics, force majeure risk, Macham, GMO subject, the silver
24:24
bug. OK, thank you.
24:26
OK guys, wow, let's talk about the silver miners and the gold
24:31
miners, which a lot of people feel like if not kept up with
24:34
the metals, but a lot of people think are due for an almost
24:37
slingshot move. OK, one or two things are going
24:40
to happen. Either the metal prices are
24:42
going to come down to reflect the slow depressed price in the
24:45
miners or what I personally believe and also am very
24:50
optimistic will what happened is that the miners could catch up.
24:55
But Michael Oliver had something very interesting.
24:58
This is one minute long to say about the mining stocks.
25:02
Let's pull this up. It was shared by Mark who edited
25:05
a part of a clip that he did on from the from the YouTube
25:11
channel Living Your Greatness. Hold on here.
25:16
I'm going to get this on full screen for you with the volume
25:19
on. And here we go, Michael Oliver,
25:22
the King himself. Miners, especially the silver
25:25
mining component of the gold, silver mining sector is the most
25:29
depressed and I think it is the one that could have the most
25:32
extreme volatility and price gain on the upside in terms of
25:36
multiple gains. So we're not talking about
25:39
silver going into a couple hundreds.
25:41
I think that's going to happen. Well, the silver miners, if you
25:44
look at GDX right now, the gold mining ETF, it does have some
25:49
silver miners in it by the way, but it is well out above it's
25:52
2011 price high, well out above it.
25:55
It blew through that. Couple months ago and it's.
25:58
It levels well above that still. The silver miners ETF is still
26:04
below it's 2011 high. You touch 91 more time and the
26:09
guys who've been selling that old 2011 high 90 bucks rounded
26:13
off are going to finally realize, oh, this ain't working.
26:17
And I think the silver miners could go berserk just like
26:20
silver does and outpace the gold miners.
26:24
And again, I think a lot of that could occur in a couple
26:26
quarters. Oh, I'm muted.
27:04
Oh my gosh. We'll see what happens with the
27:06
gold mining stocks. OK, I'll start over again.
27:10
Not at the very beginning, but after that video.
27:12
Michael Oliver, the King, get ready for big things in the
27:16
world of the precious metal mining stocks.
27:18
I'm optimistic that that will be the case.
27:22
I mean, my gosh, guys, even it, let's say I don't want, I don't
27:25
like to say this word, but even it's $60.00 silver, the silver
27:29
miners, for instance, are printing money.
27:31
Think about this. If a silver mining company is
27:34
producing silver for $20.00 an ounce and the price is $30.00 an
27:39
ounce, they're making $10 per oz profit.
27:42
If the silver mining company still is producing silver at
27:46
$20.00 an ounce and the price is 60, we all know that it's 90
27:50
today, but still for example purposes 60.
27:53
They're not making their cost don't go up by any measure
27:57
compared to the price that they're selling the silver for.
27:59
They go from making $10.00 an ounce to $40.00 an ounce.
28:03
It's absolutely crazy. Now I am going to get to the
28:06
Super chat at the end, but before I do that, the big one of
28:09
the biggest factors, two big factors that are going to
28:12
impact, right? We just don't want to look one
28:15
day at a time. We want to look 1 decade at a
28:17
time. And when we look out over the
28:19
next decade, I think there's two macro factors.
28:22
There's one China specific, one worldwide that are happening
28:26
right now and they're easy to understand.
28:29
But the there's a big reason why we want to pay attention to
28:32
these because these are the major like paradigm that are
28:37
going to be pushing factors, pushing the silver and gold
28:40
price into the next year's. The first one has to do with
28:42
China. Let's go out to the Silver
28:45
Academy to get this and they've got a big headline brace for the
28:53
mother of all short squeezes. China is buying real metal while
28:58
western banks are trapped in 4.4 billion ounces of paper lies.
29:03
This is fascinating to think about and I'm hearing this from
29:07
many sources that China is is actually doing QE right now and
29:12
he says fact one China will inject 1.4 trillion into the
29:16
market next week. That would be this week.
29:19
OK, yes, the same week where the Bloomberg Commodity Index
29:22
rebalancing was supposed to crash silver, but I digress.
29:26
They finally started QE and turned on the money printer.
29:30
So China is printing money like crazy.
29:33
But wait, there's more. Two more big factors we need to
29:36
consider with this, because printed money is always good for
29:40
for the silver and gold price. But look at these numbers.
29:43
China's $48 trillion shock. China's M2 money supply, like we
29:49
just talked about earlier, has now blasted past 45 to 48
29:53
trillion in U.S. dollar terms, the highest on record in more
29:57
than double the USM 2 money stock.
30:00
This is not a stimulus tweak. It's a full blown monetary
30:05
event. Now what's interesting though,
30:08
and what we have to remember is China is printing money, but
30:12
what are they doing with a lot of that money?
30:14
They're buying real assets. They're buying things like
30:18
copper, they're buying things like gold.
30:20
They're buying things like silver.
30:22
They are printing money like nobody else in the world.
30:26
I mean, you got to hand it to him.
30:27
It's pretty smart. Wouldn't you like to do it?
30:28
I know I would. I wish I could print money and
30:31
buy silver or buy gold. And that's exactly what China is
30:35
doing. What some people are now saying
30:38
is the world's largest economy, but at minimum the world's
30:41
second largest economy. They're doing that.
30:43
But wait, there's more, right? Because at the same time, in
30:48
green yet widely discussed market estimates now put just
30:52
two western banks, Bank of America and City, at a combined
30:56
4.4 billion ounces of silver. Short exposure.
31:01
Do you know how how big this is for silver?
31:05
We'll focus in on silver. The Chinese are printing record
31:08
amount. They're printing money out of
31:10
nothing. Got to hand it to them.
31:13
I wonder who they learned that from.
31:14
Hold on a minute, I have an idea.
31:17
Two days in a row they learned it from this guy.
31:20
OK, he loves printing money. Anyway, China is printing money
31:27
out of thin air and they're using that printed money to buy
31:32
this, right? Here's a one ounce silver round
31:35
from channel sponsor First Met. I wonder if they're A cause of
31:38
China's a customer of First Met. OK, they're printing money
31:42
buying this. OK, smart, right?
31:45
And at the same time, in the West, what are they doing?
31:49
We're printing money, but we're not buying silver and gold.
31:52
I don't know what they're wasting it on.
31:54
You know, there's all this talk of government waste, but it but
31:57
to make it even crazier, in the West, our big financial
32:01
institutions have sold short all this metal city and whoever else
32:06
it was bank whatever, 4.4 billion oz that guy from London,
32:11
the the Super smart guy was coming today.
32:13
That's five years of global mine input that we've sold short.
32:17
So, but I'll say it one more time.
32:19
This is critical. While the Chinese are printing
32:22
money, buying real assets in the West, right?
32:26
Our leaders are printing money, wasting it, right?
32:29
And our big financial institutions have shorted the
32:32
silver market. It's crazy.
32:35
OK, That is going to be continue to be a big supportive factor,
32:39
but now the big, big geopolitical factor that we need
32:43
to remember, and this is critical and this is real easy
32:46
to understand, think about, take a big step back and look at the
32:50
world right now. I got to read this because I got
32:52
a whole list. The world is on a scramble for
32:56
resources in general, all right? Why?
33:00
OK, because we have geopolitical chaos right now in the world
33:05
like no other time in your or mine life.
33:08
OK, You're probably around. I'm 55, right?
33:10
Even if you're 7585, whatever, 35.
33:14
Think about everything going on with Russia, Ukraine, Iran, of
33:19
Israel, the Middle East, green, the situation with Greenland,
33:23
where we're going to take over Greenland, what happened with
33:25
Venezuela, what's going on, Even some of these South American
33:29
countries, Colombia, what's going on with China in Taiwan.
33:33
And there's more and more and more.
33:35
That's just part of it, right? The world is, is geopolitically
33:40
not getting along right now. OK.
33:42
And there's a reason why this this relates to gold and silver,
33:45
don't you worry. But wait, there's even more
33:48
again, because we've got to consider that while all this
33:51
geopolitical tensions going on, we are also in the middle of of
33:56
financial what the how did I put chaos?
33:59
There's geopolitical chaos, but there's worldwide financial
34:03
chaos. All the rules are being
34:05
rewritten, but even more importantly, OK.
34:09
And one of the biggest reasons we know this is the case is
34:12
because there are debt levels around the world like the world
34:16
has never seen before. Remember what the guys at Vanek
34:19
said that if we wanted to back all the world's M2 money supply
34:25
with gold, it would cost like $186,000 per oz gold.
34:31
I wonder what would the silver price be at 186, at a 30 to 1
34:36
gold to silver ratio, what would that be, $6000 gold?
34:42
Hey, anything's possible. I still say in my lifetime we
34:46
could have silver to Infinity, right?
34:48
Because anyway, I digress. Let's go back.
34:52
Major geopolitical chaos in the world and at the same time,
34:56
major what we can call financial chaos, a world that is trapped
35:02
in a debt spiral. OK, where do people go?
35:06
There's this asset class that's been around for like 4000 years,
35:11
right? Precious metals.
35:12
That's where they go. That's the safe harbor, right?
35:16
It's worked, right? Remember gold and silver, right?
35:19
They're showing up at the boxing match and they're like getting
35:23
ready to Duke it out with the Fiat currencies.
35:25
And they're like, oh, yeah, we've been in the same fight
35:28
before over the last 4000 years and we have a perfect record.
35:33
We win every single time. OK, So when you think about
35:38
your, we think about that life raft that we thought about
35:40
earlier that Bateman talked about, right?
35:42
The type. If you think of the Titanic even
35:45
as the world, I don't want to be doom and gloom, but it's just
35:47
the reality, The reality how I see it.
35:50
You're free to see however you like that the world financial
35:53
system, the world geopolitically is like the Titanic started
35:57
starting to show some troubles that we are on the 1st lifeboat
36:00
on the Titanic. Let me go out and see if we got
36:03
more super chats. Hold on a second here guys.
36:07
I'm going to try. It's easier for me to read them
36:09
here on my computer, OK? David Knight, silver miners
36:13
barely moving. Are you expecting a big
36:15
explosion in price once the quarterly figures come out, the
36:19
silver miners are going to report unbelievable earnings,
36:23
OK? That's based on the fourth
36:26
quarter. And the reason why even if
36:28
you're not invested in the silver miners, you that this is
36:31
very important to understand is because when the when the
36:34
investing world sees what the gold and silver mining
36:37
companies, the cash that they are generating, OK, that's going
36:42
to bring more attention to the overall silver and gold
36:45
ecosystem, the physical metals and the mining sector.
36:49
So it's going to be good for everybody.
36:51
What's even crazier with silver is to consider how much money
36:57
the silver mining companies are making right now with silver
37:01
prices at 8070 eighty, $90.00 per oz.
37:05
I'd I haven't looked, let's go look at the silver price and
37:08
let's see kind of what the silver price was in the fourth
37:12
quarter. Hold on here, I'm going to share
37:14
this. OK, wow, look at that crazy.
37:17
Hold on a minute here, guys. Am I sharing the right screen?
37:21
And yes, I am. This is the on CNBC, the
37:25
futures, silver's futures market.
37:28
Hold on, get back up there. There it is right there, the
37:32
March contract. Man, look at this.
37:35
Doesn't this look strange to you?
37:37
This behavior, shoot, this behavior that occurred right
37:41
here in the last couple hours. I've looked at these charts for
37:46
you. I mean, there's a lot of like,
37:47
like up and down, up and down, up and down.
37:49
Crazy behavior there. That's not why we're out here.
37:53
We're going to go. We'll look just over the last
37:55
three months, OK, which will bring us back to October 14th.
38:01
So from October 4th, yeah, we were at like $50 silver, $50
38:05
silver. We got the 60 on the 1st, so we
38:11
really didn't have $60.00 silver till December.
38:14
And then from December, during the month of December, we rose
38:19
from about 60 up to 70. So the even crazier thing to
38:24
think about with these mining stocks and just for kicks and
38:27
giggles, since we're here, there's a one year chart of
38:30
silver. Isn't that beautiful?
38:33
That is. And that's not a super spike
38:36
again, guys. And then we'll get back to these
38:38
mining stocks. But this is not a super spike,
38:41
right? This area in here is a little
38:44
spiky, but what this is, is a squeeze, a long drawn out
38:50
squeeze. Not this where we had a big
38:53
spike up and then a big pullback.
38:56
But what's even more interesting about the silver mining stocks
39:00
again will be how the price holds up throughout this first
39:03
quarter because we're going to see shocking numbers from Q4,
39:07
which will shock the overall market.
39:09
But what happens in Q1, which will be January, February and
39:13
March has the potential. Look, we're only two weeks into
39:16
January to be even more shocking.
39:20
All right, let me move down here.
39:22
Thank you for that question. David Knight, what do you think?
39:25
So silver will be that in 2007, 2028 and 2029.
39:31
I think that generally during those time periods we're either
39:35
going to have silver at around $120.00 per oz or we're going to
39:41
have silver at let's say 203 hundred 400 range is what I
39:46
would say out that way. I would say that there's, I'll,
39:50
I'll give you my, my break. I think there's about a 30 to
39:53
40% chance that we have silver in the 100 and 2000 and 3050
39:58
range over that three-year period.
40:00
I think there's about another 1/3 of a chance that we get
40:04
silver much higher like numbers that that seem unreal to us at
40:09
this point. I do want to also recognize
40:11
there's always that possibility that they pull some kind of
40:14
rabbit out of their hat. And that maybe we get silver.
40:18
I just would be shocked. I would be I would be shocked.
40:22
I would almost eat crow live on a live stream.
40:25
If we get to a point where we see silver get below $60.00
40:29
again, sixty U.S. dollars during my lifetime, I think that the,
40:34
the silver price has been reset. And I mean, at this point, I
40:38
mean, I can't believe I'm saying this, but even if silver, if
40:41
silver got down to $60.00 an ounce again, I think I'd be
40:44
willing to make some pretty the major to back the truck up, as
40:48
they like to say. So thank you, Jordan, for that
40:52
question. And thank you for the Super tech
40:54
mangle. Wow.
40:55
Oh my gosh, I started stacking 2 years ago.
40:59
I was ahead of the sheep. Yeah, the sheep that we like to
41:02
refer to, those other 98% of people out there that David
41:05
Bateman talks about that don't know what's going on.
41:07
We like the sheep warning. We like to refer to them as the
41:10
sheeple. Right, The herd.
41:14
And when the herd comes, baby, we're going to be in good shape.
41:17
And. Oh, my gosh.
41:19
Hi. Yo, Silver.
41:20
Thank you. Debbie's.
41:22
Wow, That's very generous. Thank you.
41:24
Debbie's 6192. All right, guys.
41:28
I think everything points to a bright future.
41:30
I super appreciate all 2000 of you joining us live.
41:35
Yeah. Hold on, Upstairs Susie wants to
41:37
say something. For those of you who are new,
41:39
this is my wife upstairs Susie. She communicates via
41:43
walkie-talkie. Susie, did you?
41:44
Susie, did you have something you wanted to say over?
41:47
Can't. Find it right now but it was
41:50
they sell some silver for gold when it gets to a ratio of 30 to
41:54
1. Yes, Yep.
41:57
OK. Thank you, Susie.
41:59
Yeah, again. Right.
42:01
And and I wouldn't knock anybody for doing that.
42:03
If silver gets to a 30 to one ratio, what would that be?
42:07
I mean, what would 30 to 1 be silver price right now?
42:10
That would be what about $150.00 per oz converting some from
42:16
silver to gold. I, I would not argue that that,
42:20
that that would be a bad idea. I would say that would be a, a
42:23
smart idea. I don't know that I'll do it.
42:25
I've never traded or converted. I've given away a lot of silver
42:29
over the years, but never traded or converted.
42:32
All right, guys, between the silver billionaire, what he's
42:35
telling us, you know that threat to silver you need to keep out,
42:39
keep out. Remember, remember, please
42:41
remain calm emotionally, make any decisions you make based on
42:46
logic and strategy. We've got crazy things going on
42:50
the on a micro level right now that are supported for the
42:53
silver price. But as we discussed on a big
42:56
macro level geopolitically in the world, but also on a
43:01
financial system, on a geopolitical level, things are
43:04
supportive in the future, I think for a decade to come for
43:08
the precious metals price. We are in a new arena, we are in
43:12
a new weather pattern, we are in a new paradigm when it comes to
43:16
the precious metals. Okay, for those of you who are
43:19
new, welcome. For those of you have been
43:21
around a long time, congratulations.
43:24
Some of you been at this for decades, like I have, waiting
43:28
for this day to come. I don't think we're ever going
43:31
back. I don't think we're going back
43:32
to the to the what was really a difficult period of time.
43:36
It was like a walk through the desert.
43:37
It was like the valley of despair for people in the
43:40
precious metals. Bye, bye to that.
43:43
Let's look forward to great days.
43:44
I had to come. Don't forget.
43:45
Subscribe to the channel, it's free.
43:48
OK, Leave a comment in the comment section.
43:50
Most important, I want to say thank you on behalf of myself
43:53
and the lovely and talented upstairs.
43:56
Susie, you guys are the best, OK?
43:59
Take care of yourself and I'll see you.
44:01
Yes, you, next time.