Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / ⚡ALERT⚡- SILVER Just had a HUGE Change... (COMEX, LBMA & Gold Price News too!)

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⚡ALERT⚡- SILVER Just had a HUGE Change... (COMEX, LBMA & Gold Price News too!) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  The silver price breaching $40 by weeks and silver continuing
• 0:05
  its March higher. That's what we're hearing from
• 0:08
  some top analysts. We also have a warning from
• 0:12
  Robert Kiyosaki, and Chinese state television is reporting
• 0:16
  something incredible about silver.
• 0:19
  Thank you for being here. Thank you for being part of the
• 0:21
  basement, choosing to spend some time down here talking about
• 0:24
  silver and gold. Please subscribe to the channel.
• 0:27
  You're important. I'm not here without you.
• 0:30
  So please go out, share the video, subscribe to the channel.
• 0:34
  Let's dig right in right now to what we're talking about.
• 0:37
  We've got some interesting developments in the silver
• 0:39
  market which are prompting some analysts including one of our
• 0:43
  favorites, Mr. Rashad to predict that silver could be up to 42 to
• 0:50
  44 dollars and it's next leg up. He says this is what I expect
• 0:54
  silver to do this week. So he is predicting that by
• 0:58
  week's end potentially we could see silver in that 42 to $44.00
• 1:05
  range. And doesn't it seem plausible?
• 1:08
  We've looked at nauseam that silver has broke through several
• 1:12
  of the of the key resistance levels.
• 1:14
  And guys, when we get above 40, Katie bar the door, the move
• 1:18
  from 40 to 50 will be swift, will be beautiful and we will be
• 1:24
  enjoying it all together because we've been waiting for a long
• 1:27
  time sitting down here talking about silver and gold.
• 1:30
  If you want to get your hands on some silver, if you believe that
• 1:34
  the silver price is going higher, here's a beautiful round
• 1:38
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• 1:46
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  They have a great selection, they've got great prices, free
• 2:01
  shipping over $199. And again, they're owned by
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  mining company, so you know that they are a company you can
• 2:12
  trust. What's Robert Kiyosaki telling
• 2:15
  us? Right, the author of Rich Dad,
• 2:17
  Poor dad. What's he telling us about gold
• 2:19
  and silver? He's giving us a big warning.
• 2:22
  Let's go look at his most recent tweet.
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  And guys, this should make our ears perk up.
• 2:29
  Let's get up here. There we go.
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  Robert Kiyosaki. Rich dad's rule.
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  Savers are losers. Question, what does the Fed do
• 2:37
  when they screw up? OK, in 1987, they printed fake
• 2:42
  money. In 1998, when LTCM collapsed,
• 2:46
  they printed money. 2019, repo market seizure print, COVID
• 2:51
  print. Silicon Valley Bank print.
• 2:53
  Right, The most recent it if it's it's not a new crisis, it's
• 2:58
  the same crisis getting bigger. Stop saving fake dollars and in
• 3:04
  yellow what he says start saving real gold, silver and Bitcoin.
• 3:10
  Protect your wealth. America is the biggest debtor
• 3:13
  nation in history because of the Fed.
• 3:17
  The biggest crash in history is coming soon.
• 3:21
  Take care. So is he the town crier or is he
• 3:26
  for real right? Could we be in for a crash?
• 3:29
  I know it feels like most of us have never really had a super
• 3:33
  serious market crash, but if Robert Kiyosaki is correct, we
• 3:38
  could see a downdraft in the gold and silver price in the
• 3:41
  event of a crash. But the only thing the Fed can
• 3:44
  do, the only trick they have, is to print more money, and in the
• 3:48
  end that will dilute the value of the dollar.
• 3:51
  That will result in higher prices.
• 3:53
  What about China? China's taking over the precious
• 3:57
  metals markets, Russia taking over the precious metals
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  markets, India taking over. But what is Chinese state media
• 4:05
  saying about silver that should make our our our ears perk up
• 4:09
  yet again? My fellow basement dwellers,
• 4:12
  let's take a look at this first and then we'll see what Chinese
• 4:15
  state media is saying this came from.
• 4:17
  Make gold great again. President Xi of China is sucking
• 4:20
  up the W silver to build an industrial superpower at a
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  discount or set another way. You have some silver and I have
• 4:29
  a straw. There it is.
• 4:30
  See it? My straw reaches across the room
• 4:33
  and starts drinking your silver. Drink, drink, drink your silver.
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  Drink it up. And this shows it right here.
• 4:41
  And we're going to look at some data, right?
• 4:43
  The Chinese silver price was at the time of this $40.61, so the
• 4:49
  Western silver price almost a full $2.00 lower at $38.84.
• 4:56
  Now another way that we can look at this is hold on one second
• 5:03
  here. Where is it?
• 5:05
  Oh, hold on. Here it is.
• 5:13
  OK. Sorry about that, guys.
• 5:14
  Make sure we got you on the right screen, which we do.
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  I apologize for the brief delay. This is the latest information
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  from our friend the Oriental Ghost.
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  There he is right there and by Jajun.
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  Now let's look at the the most recent data in terms of the
• 5:33
  silver price. We know we're around $39.00 here
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  in the US Oh well. And behold, in China, the silver
• 5:40
  price on the Shanghai Gold Exchange is still a full $2.00
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  higher. Guys, this is the Shanghai Gold
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  Exchange. There's the silver price, OK.
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  And there it is at 4116. But why we pay attention to this
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  is because the Shanghai Gold Exchange is a physical market,
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  OK? So we're comparing a pure
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  physical market to a paper make believe market at the COMEX and
• 6:09
  the LBMA in the United States, OK.
• 6:12
  And their price is a full $2.00 higher.
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  But it gets more interesting when we read what he has to say
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  here. There's there, there are 87,000
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  600 silver enterprises in China. 1600 new registrations were made
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  in 2024 and 909 have been registered this year.
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  CCTV, the Chinese state television reports that silver
• 6:36
  state silver sales are boom boom boom.
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  Remember that song Boom boom boom.
• 6:43
  Let's go back to my room. Anyway, I got a little dirty.
• 6:47
  I apologize, but silver's going boom, boom, boom.
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  Thanks to our friend the Oriental Ghost and July 23rd
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  data silvers are at new high here.
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  Let's take a look at the at the report that he's talking about
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  and here we go at the upper left.
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  He has it underlined in red CCTV consumer proposition.
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  OK, the price of silver has been rising in the sales of silver
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  bars and silver jewelry, which we've talked about a lot are
• 7:23
  booming. China is taking over the world
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  of silver. OK, China is, is helping with
• 7:30
  price discovery for silver. And haven't we been waiting for
• 7:34
  a long, long time? Don't forget, right, our little
• 7:37
  friend there, the silver bear, right when he gets to $85, the
• 7:41
  blindfold comes off, There's firstment.
• 7:43
  We talked about them our our our mint bullion dealer sponsor and
• 7:49
  of course, we also want to say thanks to 1st Mining Gold for
• 7:52
  making the silver and gold content available.
• 7:54
  They are a development stage Canadian gold developer with two
• 7:59
  huge projects in Canada Spring polling Ontario du Parque in
• 8:02
  Quebec. They got a lot of gold in the
• 8:04
  ground and they're moving through the permitting process.
• 8:07
  It's a stock that I've owned for years, but as I say during every
• 8:11
  video, I'm not a financial advisor.
• 8:13
  Don't make any financial decisions based on what I'm
• 8:16
  saying here today. But I can't didn't say that back
• 8:19
  when silver was $20.00 an ounce and gold was below 2000, I spoke
• 8:25
  my heart, which is what I'm doing right now, not financial
• 8:28
  advice, believing that the prices would go higher.
• 8:31
  And that's exactly what happened.
• 8:33
  Let's talk about what's going on with the ETS right now.
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  One final point, Chinese television talking about how
• 8:41
  silver is going boom, boom, boom.
• 8:44
  Think about that boom, boom, boom, $50 silver, $60.00 silver.
• 8:51
  But let's look at what's going on in the West because if the
• 8:54
  West wakes up my friends, we could be in for an unbelievable
• 8:59
  ride in the silver market. This comes from metals and
• 9:02
  miners. It's happening, guys.
• 9:05
  Silver ETF inflows at record pace in 2025 amid surging prices
• 9:12
  OK During the first half of 25, Silverback ETP saw net inflows
• 9:17
  of almost 95,000,000 oz, taking the total global holdings to
• 9:22
  1.13 billion oz. That's almost a year's worth of
• 9:26
  silver, only 7% below the peak level of 1.2 billion in February
• 9:31
  of 2021. So what this means, why we want
• 9:34
  to pay attention to this is because this indicates that
• 9:39
  while the retail bullion market is still kind of wishy washy,
• 9:43
  not that great on the ETF side, the ETP side, we're seeing money
• 9:48
  flowing in that shows smarter money, bigger money,
• 9:52
  institutional type money starting to move into silver.
• 9:56
  And we know that as of the last report that I heard, the SLVETF
• 10:01
  had no shares available to be lent out, meaning it was not
• 10:06
  almost impossible to short the SLVETF.
• 10:10
  So we're going to keep an eye on that because we also know there
• 10:13
  are some strange things unique scenarios unfolding between the
• 10:17
  COMEX and the LBMA and these ETF holdings.
• 10:21
  People are digging into it very deeply.
• 10:23
  But on the electronic paper make believe silver markets, there's
• 10:28
  some very strange things happening.
• 10:31
  And one way that those strange things could get rectified could
• 10:34
  potentially be with a big short squeeze.
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  One more chart for us to look at here guys, because this is a
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  good one. We appreciate this from North
• 10:46
  Star Charts Silver. OK, when we were at the Red
• 10:52
  Arrow, I told you that the chart, a historic cup and handle
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  that will be used as a case study for decades to come, was
• 11:02
  telling us we could move to the red circle.
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  This is only stage 1 and much bigger moves lie ahead.
• 11:10
  Look at this guys. We are in historic times for the
• 11:13
  silver price and when we look at this chart, right, what he's
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  talking about is this area up here which puts us up into the
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  high 40s for the silver price. This can happen much quicker
• 11:27
  than we are expecting. We've got Russia also now
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  launching their own gold trading contracts in their own gold
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  exchange. Things are happening at RAT
• 11:38
  record speed. The other thing we'll touch on
• 11:41
  before we wrap up here is what we've talked about down here in
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  the basement for years and years, stagflation and now even
• 11:49
  Goldman Sachs is talking about inflation going up through the
• 11:52
  end of the year. That is the flation in
• 11:55
  stagflation. The stag is a slowing economy.
• 11:59
  Remember, right, the last time we had real stagflation in this
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  country was during the 70s and we saw returns on gold and
• 12:06
  silver that would make your eyes melt.
• 12:09
  It feels like we're moving into a new era.
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  Chinese television telling us, right, that the Chinese people
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  are going boom, boom, boom for silver.
• 12:18
  OK, All the analysts pointing out that every indication,
• 12:24
  excuse me, is that silver could be heading up into the mid to
• 12:27
  high 40s and that this can happen quickly.
• 12:30
  It's an exciting time to be here.
• 12:32
  It's an exciting time to be with you.
• 12:34
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  other company out there. Number one, you take care of
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  yourself. It's going to be crazy
• 13:26
  interesting to see how the silver and gold market play out
• 13:29
  in the next 6 months. We are at a massive pivot point.
• 13:33
  I think the future looks bright. OK, always do your own
• 13:37
  diligence, but please always come back to the basement,
• 13:40
  subscribe to the channel and I'll see you next time.
• 13:44
  Have a great day.