Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 SILVER ALERT! - You Can SEE THIS! 🦍🦍 (Gold Price and Precious Metals NEWS Update)

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🚨 SILVER ALERT! - You Can SEE THIS! 🦍🦍 (Gold Price and Precious Metals NEWS Update) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:00
Silver $150.00, no, 150% will go parabolic.
0:08
I believe that will happen within the next year or two,
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absolutely. But the important thing to
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remember about that is where it starts from.
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We're going to cover that. We got a lot more to cover, new
0:20
information, new details, I guess you can say, about
0:24
potential silver price manipulation and big news from
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around the world. Some absolutely stunning
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information that relates directly to the precious metals
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markets about what's developing in the world, things that are
0:39
almost stranger than fiction. We're going to cover all that.
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We're going to do it together. Let's start by taking a look at
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the charts and see what they're telling us today.
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Let's go out and do an update on the silver price.
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We're going to do that together right now we are at CNBC.
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We are looking at the latest. This is a one year chart on the
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hold on one second here get you up there.
1:01
We go on the silver Comex may contract and as we could see up
1:08
here earlier, we're up about a dollar, up about 1% in the
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futures market. Guys, we are in good shape.
1:15
I want to review something very important about what we see on
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this one year chart right now and that is that in no uncertain
1:23
terms, almost no matter where we start, we see a solid upward
1:28
movement. Now look, I don't want to be a
1:29
Debbie Downer, but even if the silver price were to go back
1:34
down to $70.00 an ounce, I'm not saying I think it is OK, but it
1:38
certainly could. We would still be in good shape.
1:41
We are not going to get worried about the silver price until we
1:47
see a price that starts with the number six.
1:52
Unless it's 600, then we're going to be really happy.
1:55
And you know there's a good argument to be made that the
1:57
next time the silver price starts with the number six, that
2:01
could be us down here having the big basement silver celebration
2:05
for $600.00 silver. But when we look at that chart,
2:08
we are seeing in no uncertain terms there is so much craziness
2:12
going on right now in the world that that that, that that we
2:17
have a bright future to look ahead to in the silver price.
2:21
Before I forget, I'm going to pull this up one more time.
2:24
Let's do a quick check and compare the futures price $84.60
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to the spot price which is $83.78.
2:38
So we are officially slightly in a state of contango right now.
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Although what's interesting, and I don't know if you've noticed
2:48
this as well, but the futures price and the spot price had
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been almost identical to each other more times than not when
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I'm looking, right? And, and to me, there's
2:57
something interesting about that.
3:00
And, and that's telling us that the futures market isn't quite
3:04
as healthy as it used to be, right?
3:07
The futures price should be much, much higher than the spot
3:11
price. And there's just so much, I
3:12
mean, so much craziness, so much going on.
3:14
Let's go out to Rashad who gives us some some great insights in
3:18
terms of how we should react and let's talk about this potential
3:22
parabolic move in the silver price.
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Rashad had this to say. My view on silver, some
3:28
investors expect silver to go up in a straight line.
3:33
Any pullback discourages them immediately and and and threw
3:38
and and throws off their balance in orange.
3:42
Investors are not willing to take even small losses to make
3:46
big money. No market goes up in a straight
3:50
line unless it is in. And this is key here.
3:53
And we're going to talk about why this is so important.
3:56
A parabolic state which happens towards the very late part of
4:02
the rally. So guys, yes, OK, we, we
4:05
definitely are going to see a parabolic move and what we saw,
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hold on one, one second. What we saw when silver went to
4:15
$120.00 was kind of a semi parabolic move, but we got to
4:19
remember something. There's a key, big key, a big
4:21
key bonus that we're going to talk about with this.
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When things go parabolic, when they go straight up, they
4:27
usually come straight down. We saw that on a somewhat
4:31
limited basis back when silver shot up to $120.00 and then
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pulled back to where we are now, where we are building a base
4:38
now. Parabolic moves almost always
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end with the price coming back down.
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So what we saw is normal and healthy.
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And think about this, if we're building a base like we talked
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about earlier with the earlier chart in the 70 to $80 range for
4:55
silver, we're in good shape, OK? Let me remind you that one year
5:00
ago when we sat down here in the basement one year ago today with
5:03
silver at $3233 per oz, If we had known that a year later,
5:09
which would be today, we'd be down here in the basement
5:12
talking about silver building a base in the 70 to 80 range, it
5:17
could build the base in the 80 to 90 range.
5:19
We're still above $80 per oz right now.
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But the point is this, we did have a semi parabolic move up.
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Parabolic moves always come back down.
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Now the key is here's the big exciting thing.
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We don't want the parabolic move right now, OK.
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And here's the reason why we want the parabolic move to start
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from an even higher level. We want the, we want silver to
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be $130.00 an ounce, 140 a $150.00 an ounce and to have
5:51
consolidated in that range. And then for the parabolic move,
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the shot, the moon shot OK to 500 dollars, 400 dollars,
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$600.00. I hope that makes sense.
6:02
We need to be kind of reasonable about our expectations and
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grateful for where we are now. I could be wrong, right?
6:09
Six weeks, 6 days from now, silver could be trading at 150.
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Two, $100 per oz. But I still say that it's more
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healthy if we consolidate for a while, move up slowly, and then
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then we have the ring. Ding Ding, a Ling, you know, big
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parabolic move, which could allow a lot of people in the
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precious metal sector and the precious metals mining sector to
6:34
really, really cash out. And we'll do that together.
6:38
We'll do it fun. If you want to make sure you
6:39
don't miss it, please subscribe to the channel, press the
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6:55
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6:59
We're going to go look at the cup and handle pattern next.
7:01
Before I do that, I do want to say thank you to channel sponsor
7:04
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Do your own research. I'm not a financial advisor.
7:21
Let's go look at the big kahuna. The biggest thing, I mean, this
7:25
is one of the, we've got so many power.
7:28
Think about it, we won't go down that path, but think about the
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fundamental factors, supply and demand factors driving silver
7:35
right now. But on top of that, and I
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apologize to you, we've not talked about this enough
7:40
recently. We got the big cup and handle
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and let's do a cup and handle update because this one is
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absolutely for the record books and we will go out to the Stoic
7:52
Silver Bear. I wanted to find a cup and
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handle a graph that I thought was was the most powerful and
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this is the one that I came up with.
8:01
Now. He gives a warning here as well,
8:03
but then we're going to look at the good news, OK?
8:05
He said that Silver's current correction after clearing the
8:07
quarterly cloud, quarterly cloud is not unprecedented.
8:11
In fact, if it were to repeat the correction of the 2000s bull
8:15
market, it would lead to an almost perfect back test of the
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all time cup and handle breakout, which is around 54
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dollars. I'm not predicting this, but I'm
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ready. We're always ready for
8:26
everything. But let's look at his chart and
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quickly review the cup and handle pattern.
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Guys, remember this is 1980, this is 2011, This over here is
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today, OK? Now if we go back from 1980
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through 2011, we have an epic, unbelievable cup.
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What would that be? 30 years?
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OK, See how it looks like a cup? And then this part over here
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from 2011 through today, we had the handle.
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This is the most reliable technical analysis chart pattern
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in the history of the world. People are saying that this is
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going to be featured in history books in the future because it
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did play out as we know, right? This this line right here is
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about what he said, $54 silver. OK.
9:23
It did break out because as we know, hold on here, we broke out
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way higher. This is 120 over here, OK, And
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we're still right in in the breakout range right now.
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What's important to look at on this chart, besides the fact
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that it is the most widely followed it's it's for the
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textbooks, no doubt about it, are the different projections
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that he puts out there. This green line here, you
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probably can't read what that says, but that is the the
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optimistic projection that he has and it goes up into the
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three hundred $400.00 range. So don't forget guys.
10:06
And I and I promise you, I'll try to pull it up once every
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couple weeks. On top of everything else going
10:12
on geopolitically in the world, everything else going on
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financially and monetarily in the world, on top of the fact
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that we've got these unbelievable supply and demand
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deficits and silver, we have the power of the world's most
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reliable, most predictive chart pattern in our favor.
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And we're going to keep a a quick eye or a close eye on
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that. Now.
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There is so much weirdness going on in the world, uncertainty.
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I'm going to give you a couple examples right now.
10:43
Scary situations developing all around the world where quite
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literally the truth is stranger than fiction.
10:51
But we're going to look at this through the perspective of
10:54
precious metals. Let's go out first and, and
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check out. This makes absolutely no sense.
11:00
And silver trade brought this up.
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Yeah, yesterday Israel's stock market hits an all time high.
11:08
He says, Riddle me this. Silver gets giga Newt $20.00,
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right, All the way down to $7778 in one day.
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I mean, I remember when silver was $20.00 an ounce and people
11:22
were saying it was too expensive and I might buy a, you know, an
11:25
ounce or two of silver, think that I pay too much.
11:28
But in one day, silver gets Newt by $20.
11:31
The gold and silver, the the metals, the safe haven, safe
11:35
haven metals. But during that same day, Israel
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stock market closes up another 6% while Tel Aviv literally is
11:45
getting hit with Iranian ballistic missiles.
11:48
This, I mean, does that not makes, that does not make sense.
11:51
That does not make sense. And don't forget, we're going to
11:54
talk about more interesting information about the price
11:58
manipulation of silver. We got some data, but we also
12:02
have something funny going on we're going to talk about as
12:05
well. And then I, I did an update.
12:07
I went out and pulled up the data, the most recent data on
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the Tel Aviv Stock Exchange and it's even higher than yesterday.
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I mean, it does not make sense whatsoever.
12:20
And then to make matters even worse, OK, no limit shares this
12:26
the Iran conflict overnight update, OK.
12:29
But we're not going to go through all this.
12:30
But as you know, so there's a lot of new sources out there and
12:33
things are getting are escalating unfortunately in the
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Middle East. He says the situation just got
12:39
significantly worse while everyone was sleeping.
12:42
He put that out this morning. So we're going to skip over
12:45
that, but we're going to go look at the financial market data and
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again, think about the fact that Israel stock market is hitting
12:52
all time highs. But then when we go to Asia, OK,
12:56
South Korea, which is a massive economy right there, Copsey
13:00
index just crashed another 12% today.
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That's after 7.2% yesterday, the worst single day decline in the
13:10
indexes history. Circuit Breakers were triggered,
13:14
triggered and that couldn't stop it.
13:16
The two this is the worst two day route since 2008.
13:20
Their Cause DAC, which I guess is probably like the Korean
13:22
version of the NASDAQ, crashed 14%.
13:26
Circuit Breakers triggered there too.
13:28
Samsung was down another 12%. Hynex was down 10%.
13:34
What about Japan? The Nikkei down 3.6%, Hong
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Kong's Hang Seng down to a 3%, Taiwan down 4%.
13:43
Full blown Asian market meltdown.
13:45
How can? And then Dubai, right there they
13:48
were down after they crashed 5%, their worst day since May 2022.
13:53
And Abu Abu hubby down 3% plus. Think about this, OK, the Asian
14:00
economies are massive and apparently their their stock,
14:04
their markets are not reacting well to what's going on.
14:07
But then in Israel, who's directly involved in this
14:09
conflict, they're hitting all time highs.
14:12
We know in the United States. It doesn't just feel funny to
14:15
you. Does it feel like, I mean, we
14:17
can't really name any specific thing that's making us a little
14:23
suspicious, but it's certainly making us suspicious as to
14:27
what's going on out there. And I think indicates to us that
14:31
there's a lot of uncertainty, a lot of weirdness, for lack of a
14:34
better term, going on in the world that I think will
14:37
eventually be good for the metals.
14:40
We're going to talk about this company that is in the spotlight
14:43
right now. We're going to talk about the,
14:46
the, the, the speculation of silver manipulation.
14:51
We're going to do that first, but I'll tell you somewhere you
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won't get manipulated with silver and that is wrong hand
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So thank you. Don't forget to subscribe.
16:05
I won't ask that again. Let's talk about Jane St.
16:08
Jane, this company, Jane Street is there's speculation and we're
16:13
going to get into the details that there might be some
16:16
potential for price manipulation.
16:19
And this is some very interesting data that we have in
16:23
regard to what is going on there right now.
16:27
Let's go out to an article that was written by Pega Aguabar.
16:34
Jane Streets $1.3 billion silver bet bet fuels manipulation
16:40
fears. Wait till you hear some.
16:42
There's some new info in here that I was not aware of.
16:44
The trading giants 500 times increase in SLV shares has
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raised serious questions, especially given its history of,
16:54
of of of what some people have said market manipulation
16:58
accusations across three different asset classes.
17:02
And I want to emphasize these are just accusations, but let's
17:05
dig in. According to Jane St's latest
17:10
13F filing with the Securities and Exchange Commission, the
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firm added a record 20.6 million shares of Black Rocks iShares
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Silver Trust, known by its ticker SLV, which alone a lot of
17:24
people are suspicious of during the fourth quarter of 2026.
17:29
Now, why are people suspicious? And then there's a big, big
17:34
important point we want to talk about this.
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What makes the SLV position especially difficult to ignore
17:40
is the backdrop against which it was built.
17:43
Jane Street is currently facing serious allegations across three
17:49
separate asset classes. The first involves the 2022
17:53
collapse of Terra, the cryptocurrency ecosystem.
17:56
Terraform Labs bankruptcy administrator filed A lawsuit
18:00
against Jane St. alleging insider trading in the days
18:04
surrounding the collapse. People were wiped out.
18:07
I think it was like a $45 billion wipeout that happened
18:11
with the, was it UST, which was a stable coin.
18:17
So it's a, it's a, that's the first allegation.
18:20
And there's been a lawsuit filed, as I understand it, by
18:23
the like the bankrupt bankruptcy people from Terraform.
18:27
The second, this is was news to me involves India's Securities
18:32
and Exchange Board, known as the Sebi, which accused Jane St. of
18:38
manipulating the bank's Nifty index across 18 separate
18:43
derivative expiration days. Regulators ordered the firm to
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deposit approximately 1/2 billion dollars as part of the
18:53
proceeding. An appeal hearing is scheduled
18:55
for February 25th, which adjourned without a resolution.
18:59
The third centers on crypto markets in general, where
19:03
traders have accused James St. of executing A repeated and
19:07
deliberate pattern of selling Bitcoin around 10 AM each day,
19:11
in what some people described as a coordinated effort to suppress
19:15
prices. That pattern reportedly stopped
19:17
appearing after that big Terraform lawsuit became public.
19:22
Jane St. has denied all of these allegations.
19:27
Publicly dismissing the Terraform lawsuit is both
19:30
desperate and without merit. Here's the important thing #1
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you can be your own judge whether you think those
19:37
allegations are true or not. But the big, big important thing
19:41
to remember here is that no matter what happens, I think
19:44
when it comes to silver at this point, the good news is, is that
19:48
there's that, that, that the James St. and their SOV position
19:53
is being closely watched, one might say, even under a
19:57
microscope. And good for the precious metals
20:00
community for making that happen.
20:02
I would think, I don't know how you feel about this, but I would
20:05
think that if they actually are manipulating the silver price,
20:10
that people in the silver community are all over it, man,
20:13
there are some of the most hardcore silver stackers, silver
20:18
and gold enthusiasts out there. I mean, these guys uncovered
20:22
things at the COMEX. We know what's going on at the
20:24
COMEX over the years. In the LBMA.
20:27
So I think that the silver sleuths are on this one 100%.
20:33
Oh, and this is this is hilarious.
20:36
So in in light of what we just read Vince Lancey, who's super
20:42
respected but also super funny guy, great sense of humor.
20:46
Put this out in regards to put this out yesterday when the
20:50
silver price was getting smashed, he said breaking Jane
20:55
St. says that the CME cooling systems are just fine.
21:01
So what he's saying is, you know, hey, it's OK, the silver
21:05
market's getting smashed with these allegations that there
21:08
might be allegations, speculation there might be some
21:12
manipulation in the, in the price.
21:14
And he, I think rather facetiously said that Jane St.
21:19
was happy to report that that there would not be a, a, a, a, a
21:23
glitch or a shutdown at the CME or the Comex due to any cooling
21:28
issues like coincidentally occurred the day after
21:31
Thanksgiving last year when the silver price was running up at a
21:37
very expedious rate. You be the judge.
21:40
But let's just say it's a, it's an interesting situation,
21:43
interesting development. Speaking of interesting silver
21:46
developments, man, I just want to touch on it briefly.
21:49
Yesterday we got news from Josh Fair, the CEO of Scottsdale that
21:55
they've been contacted by a company, publicly traded company
21:59
and maybe said companies that are wanting to buy silver to put
22:04
in their on their balance sheet to use as part of their treasury
22:07
management. Guys, I'm bringing it up again
22:10
because that is huge, huge news. If companies start saying, you
22:16
know what, instead of cash, instead of U.S. dollars, we're
22:20
going to allocate part of our treasury, part of our bank
22:23
account. We're going to get rid of
22:24
dollars and replace that with physical silver.
22:27
I mean, it's happening everywhere.
22:29
It's unbelievable. OK, let's move on here.
22:34
OK, We have some more fun things to look at.
22:38
OK, Thank you. Upstairs Susie.
22:40
Hey, everybody, do me a favor. That's Upstairs Susie, my lovely
22:43
wife and assistant. Yes, she communicates with me on
22:46
a walkie-talkie. Anyhow, tell her thank you for
22:49
being here. I'm not here.
22:50
We're not together if it's not for her help.
22:53
She's lovely. She's talented and she loves you
22:55
guys. She loves the basement dweller
22:58
community. So, yeah, in the comments, say
23:00
some nice things about Upstairs Susie.
23:03
Because when I forget to share screens, when I screw up and I
23:06
always forget something, she times then and helps out.
23:09
And if I do a good job, she opens the basement door and I
23:11
get to go upstairs later. Now let's go see one more fun.
23:15
Oh, and then, oh, wait a minute, wait, wait, wait.
23:18
Then we're going to hear from one of one of the most super
23:22
cool guys and also a mainstream media guy about why he loves
23:27
silver. Yes, the man himself, Rick
23:30
Harrison. I almost said Hamlin.
23:32
Rick Harrison from hit TATV superstar.
23:36
He lays down the law about silver.
23:38
But before we do that, let's let's bring out this is this is
23:42
powerful, yet it's also humorous at the same time.
23:46
Silver trade posted this yesterday.
23:50
Make sure we got you on the right screen.
23:53
They are out of silver in Shanghai, they're out of silver
23:58
in Chicago, they're out of silver in New York City, they're
24:03
out of silver in London because of the physical squeeze guys,
24:07
the physical demand, he says. Then the only one with any
24:11
silver left is Eric Spratt, who we all know and love, like the
24:15
king of silver from, from Canada, the founder of Spratt
24:19
Asset Management and our very own silver billionaire here in
24:23
the United States, David Bateman, the guy with like
24:25
15,000,000 ounces of silver. But the big key thing to
24:30
remember with both of those, right, the silver royalty, the
24:34
silver kings, is that they don't own paper silver.
24:37
They don't own that COMEX silver.
24:39
No, they own physical silver. What are the Chinese want?
24:43
They want physical silver. What are the Indians want in
24:47
India? They want physical silver.
24:50
OK. And so when the COMEX runs out
24:53
in the LBMA runs out, and they run out in Chicago and they run
24:56
out everywhere else, who are they going to call?
24:58
They aren't going to call Ghostbusters.
25:00
They're going to and they're going to have to call you.
25:02
You know what? Let's put your name on that list
25:05
because it's probably on there, right?
25:07
I own a few ounces of silver myself.
25:09
Don't keep them at the house. But none the less, I've got a
25:11
few oz. That's who's got the silver,
25:14
right? The Comex.
25:16
They're running a little dry. Now.
25:18
Let's go see what Rick Harrison from the hit TV show Pawn Stars.
25:22
He lays it out about silver. I've got this speeded up a
25:27
little bit, but it I think it'll be about a minute long and then
25:30
we're going to talk about what he has to say and get you on the
25:34
right screen. There we go.
25:36
Hopefully this will work. Here we go.
25:40
But The thing is with silver you have there's a structural
25:44
deficit. OK, the most people don't know
25:47
this, but silver is the best conductor of electricity on the
25:49
planet in the universe, as far as we know.
25:51
And all these data centers, like for cars, solar panel, I mean,
25:56
there's just so many things where they need silver because
25:58
it conducts electricity so well and there's not enough.
26:00
For the past five years, there's been 200 million oz, 200 million
26:03
oz a year deficit. We're just not making enough of
26:05
it. There's just, there's, there's
26:07
next to no real, there's no big silver mines out there and
26:09
there's a few small ones. All of our, almost all of our
26:11
silver's gotten from gold mines and copper mines as a residual
26:14
metal. And it's just a structural
26:16
deficit. I mean, like these data centers,
26:17
they're to the point where they're making their computer
26:19
cables out of silver. They're getting just a little
26:21
bit more speed because you can run more voltage and it can, you
26:25
know, it just conducts the electricity a little bit better.
26:27
Gold, on the other hand, is sort of like a psychological thing.
26:29
And China's bound and determined to take over the dollar as the
26:32
world currency. So they've been buying gold like
26:35
crazy. Central banks all around the
26:36
world now. I mean, they spent, they bought
26:37
like over 700 million, I mean, over 7 million metric tons of
26:41
gold last year. So you have central banks when I
26:44
get up, do have retail investors buying it left and right.
26:47
And so, I mean, I haven't, you know, like all weekend long, I
26:50
didn't see the demand go down in the store.
26:51
And I know a lot of other people in this business they faced the
26:54
price went down, but they have this, you know, they got the
26:55
same amount of borders. And I don't know, I think
26:57
silver's got AI think silver's going to have a long run and
27:00
gold, it'll be out there. I mean, you know, gold and
27:03
silver, it's been, you know, basically the currency of the
27:04
world for 6000 years and it's not going away.
27:06
I don't think it's going to get replaced.
27:10
By Bitcoin. OK, And I just thought of
27:12
something else important about that.
27:15
That's Rick Harrison, TV star from Pawn Stars.
27:19
Good guy. I think everybody loves him.
27:21
He's a trustworthy guy who's been what if all the hard to
27:23
find hold on, just a click, hold on.
27:26
At Stack Social, they all save up to 90% on Microsoft product.
27:30
OK, sorry about that. He had a little tech issue
27:33
there, right? He's known he's a trust, he's a
27:35
trustworthy guy, right? What did he just lay out about
27:39
Silver Before I forget to say this, the other thing that's on
27:42
Fox News, that's mainstream, that's mainstream media, big TV
27:46
star talking about Silver now. He said something that I hadn't
27:50
thought of or didn't know what's going on.
27:53
Did you catch what he said that now they're making some of the
27:57
and I've never, I've just breaking news to me.
28:00
They're making some of the cables in these days data
28:03
centers out of silver. Why?
28:05
Because it conducts faster better than anything else,
28:09
right? It's it's silver just as
28:12
unbelievable properties from from a conductivity perspective.
28:18
Crazy. The other thing that he said
28:20
right, that we got to remember 6000 years, silver and gold have
28:25
been money for 6000 years. Silver and gold have been the
28:30
world's reserve currencies for 6000 years.
28:35
OK, other things have come and gone, right, hundreds of Fiat
28:39
currencies. But for six, we have 6000 years
28:42
on our side. I'm going to run out and say
28:43
thank you for hold on here for we got a super chat and it came
28:49
from the silver wolf. Wow, thank you, my friend.
28:53
Physical or paper? Let's see who's in the zoo.
28:58
I typically prefer physical, I think, I don't know about you,
29:01
but I think physical silver is one of the most beautiful,
29:03
absolute beautiful things in the whole wide world.
29:06
Hey guys, don't forget, please subscribe to the channel if you
29:09
enjoyed your time down here in the basement.
29:11
I've enjoyed spending this time with you.
29:14
You know, we like to have fun, but we also are dead serious
29:18
about what's happening not only in the world, but also with
29:22
precious metals. We are living through a period
29:24
of time like no other in history.
29:28
OK, it's not going to feel like it was historic probably till
29:31
maybe 5 or 10 years from now. But trust me, what we are going
29:35
through and it can be, it's good to have some camaraderie.
29:38
It's good to have some friends while we go through it.
29:41
There's wonderful people in this community.
29:43
I encourage you to, to talk in the, in the chat, you know,
29:47
leave messages for each other. Great friendships have been
29:50
made. I'm going to look forward to
29:51
seeing you next time. Thank you so much for being
29:54
here. And I will see you.
29:56
Yes, you. Yeah, I see you.
29:58
I'll see you next time.