Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / Silver SPIKE! 🔴 THIS is Happening to the SILVER PRICE!!... (Gold Price Too)

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Silver SPIKE! 🔴 THIS is Happening to the SILVER PRICE!!... (Gold Price Too) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  Silver investors be. Prepared for moves in the.
• 0:03
  Silver price they could leave you rattled the.
• 0:07
  Potential for skyrocketing. Silver prices.
• 0:11
  It's real and in this video I'm going to give you the reasons
• 0:15
  and examples. Why?
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  There's no reason why you and me can't.
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  Expect silver prices to absolutely.
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  Moon shoot in the coming year. Decade.
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  We are in for some great times. Let's get.
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  Started. Right now.
• 0:31
  Hey everybody, welcome to Raw Space and I hope you enjoy my
• 0:34
  daddy's show. And who doesn't like to be
• 0:40
  amongst friends? Let's go on this moon.
• 0:42
  Shoot together. Please subscribe.
• 0:45
  To the channel. That's free, as always.
• 0:48
  Give this video a thumbs up and super chat.
• 0:50
  Super thanks. PayPal donations are never ever.
• 0:55
  Expected, but always appreciated.
• 0:57
  So the first thing we're going to talk about.
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  Is a. Chart which will knock.
• 1:01
  Your socks. Off when it comes to the.
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  Price of silver. The young gun guru himself.
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  Tavi Costa. Brings us this long term chart
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  comparing the silver and gold price and there's.
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  Three critical. Things that we want to talk
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  about on this chart #1 the yellow line, which is.
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  The gold. Price #2 The blue line, which is
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  the. Silver price, but the.
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  Real number one is to notice that back in 1980 when the gold.
• 1:30
  Price shot up. The silver price far
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  outperformed. It and if we.
• 1:35
  Go all the way up to 2011. We also see that when.
• 1:39
  The gold price. Shot up the silver price.
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  Far outperformed. It and when we go to.
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  The present day right now is we're talking.
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  What we see is the gold price has shot up, but the silver
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  price has yet to catch up or exceed like it did.
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  During these. Previous 2.
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  Periods. Now, there's no guarantee that
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  that's going to happen, but based on what?
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  We know about the. Relationship between gold and
• 2:09
  silver. It's a likelihood that we'll see
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  that in. The future that would bring the.
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  Silver price as. You see over here on the.
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  Left all the way up to $50.00, but if it overshoots, well, it
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  could be off the top. Of your screen something like
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  8091 hundred. Dollar per.
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  Oz, Silver, Two other critical things to think about when we
• 2:31
  look back at 1980 and we look back at 2011, we did not have
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  the China story, we did not have the India story.
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  Back then. Those countries were much
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  smaller and much less significant players in the
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  silver market as compared to now.
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  We know that India in 2024 could be on pace to import well.
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  Over 2. 150 million ounces. 3030.
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  Five, maybe even 40% of the. World's total silver output.
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  Alone. And that's just India.
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  We know what's going on with China.
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  They're buying silver concentrate directly from
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  Mexican miners. So think.
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  About that when you. Look at how silver.
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  Performed during these previous 2.
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  Periods relative. To now the other important thing
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  for us to remember is that. Also.
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  Back in 1980 and even in 2011, the.
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  Prospects for. Silver demand were nothing like
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  they are now electric. Cars Solar.
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  Panels, you name it. All these emerging technologies,
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  artificial intelligence, microchips, they weren't
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  anything like they are now. We are truly in a different
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  paradigm. And on top of that, we know the
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  world is bifurcating. We know that the bricks
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  countries are setting up their own metals exchanges.
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  When I look at this chart, I'm more optimistic than ever.
• 4:00
  About silver, but we've. Got even more to talk about?
• 4:04
  If you're even half as optimistic about the silver and
• 4:07
  gold price in the future and want to get your hands on some
• 4:09
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• 4:50
  As I was. The first time I checked.
• 4:52
  Out their. Website Now the next big factor
• 4:56
  that will impact our friend Silver going forward.
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  Is the gold to silver? Ratio and we have some
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  astounding information to talk about in that regard.
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  As well. Our friend Rashad.
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  Hajjed has this to say. This is what I expect.
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  From the gold. To silver.
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  Ratio over the next three to nine months.
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  Initial target in the. 60 area. And then?
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  Sub 40 guys we. Are right now sitting at an 80
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  to one range in the silver. I'm sorry.
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  The gold to silver ratio, yes it takes. 80 ounces of.
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  Silver roughly to get. Yourself one ounce of.
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  Gold, what he says is a. Breakdown of.
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  This ratio. Will ignite a bull run in silver
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  and take a look. At this chart, we've got a a
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  wedge. Pattern which?
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  He sees. Breaking down lower, well it's
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  not just him seeing a breakdown. Lower it.
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  Would be history this 80 to. 1 silver.
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  To gold ratio. That we're sitting at right now.
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  Is historically high. We look back thousands of years,
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  the. Ratio was probably closer.
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  To 78910 to one. Yes, 10 ounces.
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  Of silver. Would get you one ounce of gold
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  and even in recent history it's averaged around 50.
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  Or so. Just to give you an example, if
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  we took a rather conservative approach to the.
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  Gold. Price at 2500.
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  Dollars per. Oz and we had a 50 to one ratio,
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  meaning you would only need to trade 50.
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  Ounces of silver. To get one ounce of gold.
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  That would give us a 50. Dollar gold.
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  Price right? Now as you and I are speaking,
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  have you considered the massive short position in the paper
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  markets, the Comex in the LBMA, the London Million Market
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  Association on silver some? People say it's as high as. 700
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  million ounces. Whatever it is. 200,000,700
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  million those contracts will need to be.
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  Covered. And what does that mean?
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  Well, that's just a fancy way of saying that since.
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  They sold silver short. And some of it did.
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  It naked short they're. Going to have to.
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  Buy silver back, we could have a short squeeze.
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  In silver sometime in the next. Year.
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  Take a look. At this make gold great again.
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  Put this on X. Careful.
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  Silver shorts. And there's the Temple of Doom
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  guy looking into the 707 million silver.
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  Shorts Shorts safely covered. Everything's fine right now.
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  Just one false move and you've got.
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  A little. Trouble on your hands?
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  A silver squeeze with all the other factors.
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  On top of it. Right, the silver short.
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  Position alone could add a lot of.
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  Fuel. To a potential silver squeeze in
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  the future. Don't forget just within the
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  last. Two years we had.
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  A breaking of the nickel market. Yes, that nickel.
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  Right, the metal nickel on the London Metal Exchange, and it
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  created a. Short squeeze.
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  Havoc situation which required them to shut the market down for
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  a few. Days will we see.
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  That in. Silver.
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  And, you know, on top. Of it all.
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  We are consuming more. Silver, right?
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  Now than we are producing you and I know that, but guess what?
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  The mainstream is starting to catch on.
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  We're seeing that mentioned more and more and more in articles on
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  Bloomberg. Reuters.
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  Yahoo Finance, CNBC and when more and more people begin to
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  realize. That the.
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  World is consuming way more silver than is being produced,
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  and there's only so much in that.
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  Silver slush. Fund the above ground excess.
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  Eventually that. Runs out and we get into a.
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  Very precarious. Situation in the silver market
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  it is going. To be crazy, whether we look at
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  history. 1980, 2011. The performance of gold relative
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  to to silver, whether we look at the gold to silver ratio,
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  history there, whether we look at any.
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  Of these astounding factors, the massive short position we are in
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  for a good ride in the silver market.
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  I could be wrong. Don't make any financial
• 9:31
  decisions based on anything I'm saying, but.
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  I see it very clearly. I want to say thank you to 1st
• 9:37
  Mining Gold for sponsoring Ron's basement if you want gold in the
• 9:41
  ground to development. Stage projects.
• 9:44
  In Canada, both with multi million ounce.
• 9:46
  Deposits. You can learn more about them at
• 9:48
  firstmininggold.com and our friends at Fortuna Mining.
• 9:53
  They're mining silver and gold in Latin America and gold in
• 9:57
  West Africa. You can learn more about them at
• 10:00
  Fortuna mining.com. I'm not giving financial advice.
• 10:04
  Those are both stocks that I. Personally own do your own due
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  diligence. We're going to have a fun time
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  watching the. Silver price.
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  In the coming months, quarters and years, we're going to do it.
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  Together don't. Forget, leave a comment,
• 10:17
  subscribe to the channel. Thanks for being here and I'll
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  see you. Yes.
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  You. Next time.