Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / ⚠️ Don’t MISS What’s Next! ⚠️ This Happens to Gold & Silver - (Precious Metals NEWS Update)

Transcript

⚠️ Don’t MISS What’s Next! ⚠️ This Happens to Gold & Silver - (Precious Metals NEWS Update) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  Unbelievable developments in the world of gold and silver.
• 0:04
  We're going to talk about why we need every reason to be
• 0:08
  optimistic about the future, but but there's some turmoil under
• 0:12
  the hood which could actually add to our optimism.
• 0:15
  But in the markets and many levels, there's big things going
• 0:18
  on with silver and gold. We're going to give you a lot of
• 0:21
  examples, a lot of reasons why we can be optimistic as we look
• 0:25
  out into the future. We're going to look at the
• 0:27
  what's going on with backwardization.
• 0:29
  That's very, very important. We're going to look at what's
• 0:31
  going on in the paper markets, the COMEX and the LBMA, OK?
• 0:35
  We'll look at what's going on with institutional demand.
• 0:38
  We'll look at what's going on with retail demand for silver in
• 0:41
  particular. And guys, this is big news and
• 0:44
  I've got a ton of examples of this.
• 0:46
  We have developing shortages of silver coming in from all
• 0:52
  directions. This could be the big moment.
• 0:55
  Will it be? We don't know, right?
• 0:57
  Nobody has a crystal ball, but a lot.
• 0:59
  I've got a lot of evidence I'm going to share with you that
• 1:01
  makes us very, very excited. But the biggest thing I'm
• 1:04
  excited about right now is that you're with me down here in the
• 1:08
  basement. Hey, you know, we're friends.
• 1:10
  Welcome to the basement. Basement dwellers.
• 1:12
  We love gold and silver. It's a big deal when you join
• 1:15
  me. You are important.
• 1:16
  Your time's important. Please come back.
• 1:19
  And one way you can ensure that you get to do that is by
• 1:21
  subscribing to the channel. Leave a comment in the comment
• 1:24
  section. We want to learn from you.
• 1:27
  Share it with your friends. Super chat.
• 1:28
  Super thanks. Never expected, always super
• 1:31
  appreciated. Let's start with
• 1:33
  backwardization, which is very strange in any commodity market,
• 1:38
  but in particular in precious metals.
• 1:41
  And right now we are slightly backwardated in the silver
• 1:45
  market. What that means is usually the
• 1:48
  spot price of silver is lower than the futures price, but
• 1:53
  right now it's backward. OK, The futures price is
• 1:58
  actually lower than the the current spot price.
• 2:01
  Let's go look at some data on this and explain why that could
• 2:04
  be something very good for the future price of silver.
• 2:09
  We're going to go out here to our friend Hanza who shares this
• 2:13
  with us. Silvers and backward it,
• 2:16
  backward it backward nation. Easy for me to say.
• 2:18
  That means that futures are trading below the spot silver
• 2:23
  price. Normally this only happens when
• 2:26
  physical demand explodes. We're going to dig into this a
• 2:29
  little bit deeper, get a few more things highlighted down
• 2:32
  here, OK, Hansa says this backwardization equals spot
• 2:36
  price. OK, being higher than the
• 2:38
  futures. Translation.
• 2:40
  Physical silver is more valuable, Physical silver more
• 2:45
  valuable than paper promises. Comex shorts are stuck in a game
• 2:50
  of musical chairs with not enough real metal to cover.
• 2:55
  And that's really the big key take away here.
• 2:58
  When this thing gets in the backwardization, it basically
• 3:00
  means that the actual physical metal being able to get your
• 3:04
  hands on it is being recognized now as more valuable than the
• 3:08
  future. A lot of times what that signals
• 3:10
  is potentially people having concerns about the future, about
• 3:14
  the futures being able to deliver on their actual metal.
• 3:18
  And many times in the past when backward backwardization occurs,
• 3:23
  it signals a very like a likelihood that we could get
• 3:26
  even higher silver prices in the future.
• 3:29
  But it's not just there guys, because we're getting all all
• 3:32
  kinds of, it's a little overwhelming and it's becoming a
• 3:35
  very hot topic. And there's a reason why it's
• 3:37
  important messages about shortages of silver, limits on
• 3:41
  silver all around the world. I think I got like 15 examples
• 3:46
  to show you here. So let's get started started and
• 3:48
  then I got a special sponsor of today's video, a company that's
• 3:52
  starting out tokenizing gold, they're called Stream XI.
• 3:56
  Got a little presentation I'm going to share with you and then
• 3:58
  even more crazy info about the precious metals markets.
• 4:02
  But let's go take a look at what is happening in the silver
• 4:07
  market. First, we're going to go out to
• 4:09
  Japan. That starts in Japan, where
• 4:14
  Tanaka, Tanaka, precious metals in Japan due to, and I'm going
• 4:18
  to tell you who they are. The reason why Tanaka is
• 4:21
  important, OK. But due to production delays,
• 4:25
  especially for small size bullion, sales of bars 50g and
• 4:30
  under will be temporarily suspended starting tomorrow.
• 4:34
  Long lines are forming as people rush to buy gold.
• 4:38
  So this is on the gold side. It's happening on both sides.
• 4:42
  Why is this important, right? Japan, one of the world's
• 4:44
  largest economies, people are rushing to buy by gold.
• 4:49
  Hold on here, let me let me go here and then I have some
• 4:53
  pictures of what's going on. Tanaka, just so you know who
• 4:57
  they are specifically Tanaka Precious Metals is Japan's
• 5:00
  largest gold, largest gold bullion dealer and refiner by
• 5:05
  volume history back to 1885. They handled the sale of gold,
• 5:10
  platinum and silver bullion coins and offer precious metal
• 5:13
  accumulation plans. So it's Japan's largest gold
• 5:16
  bullion dealer. And I forgot to share the right
• 5:20
  screen. There we go.
• 5:21
  There you go. I read it to you.
• 5:22
  Anyway, let's go to the next one here.
• 5:26
  Let's go back here 1st and see if I can pull up these pictures
• 5:32
  of what is happening in Japan. Here we go.
• 5:37
  You can see right there. Hold on and we're live, so bear
• 5:43
  with me. There we go.
• 5:45
  Here we go. Let's just read this one real
• 5:47
  quickly. Sometimes TV gives us useful
• 5:50
  information, or rather, it feels like it's hyping up the TV
• 5:53
  generation to buy. But apparently there's a long
• 5:56
  line of people buying gold at stores like Tanaka Precious
• 6:00
  Metals, and there's some pictures right there, people
• 6:03
  lining up in Japan. Now let's go over to South
• 6:09
  Africa where it gets interesting with with silver.
• 6:14
  OK, we get this from make gold great again, Krugerrands, silver
• 6:19
  Krugerrands very popular silver coin are sold out.
• 6:22
  No supply for two weeks. This came from the markets a
• 6:26
  sniper and there's a screenshot right?
• 6:28
  No silver krugs are available in South Africa.
• 6:31
  Rand refiner statement below sold out, sold out.
• 6:34
  OK, so we go from Japan to South Africa here.
• 6:38
  Let's see what what our friend Mr. Tim Hack has to share with
• 6:44
  us. The hackman says this Australia,
• 6:49
  Africa, Canada, Vietnam, Costco and everything is gone.
• 6:57
  The impacts are increasing everyday worldwide.
• 7:00
  I give the silver market, this is about silver maybe a week
• 7:04
  before it Foley starts to meltdown.
• 7:07
  And if we look at here's the the South African one that we looked
• 7:11
  at already here we are next. No silver or gold at any Costco
• 7:17
  locations in Ontario. OK, that's developing.
• 7:22
  Hold on here. Next.
• 7:28
  OK, The silver Baron. The silver squeeze is real and
• 7:31
  unlike anything before. The Perth Mint is now out of
• 7:34
  stock. Silver bars now out of stock at
• 7:37
  the Perth Mint. That would be Australia.
• 7:39
  Man, it's hard to keep up with all this stuff, I tell you what.
• 7:42
  Oh, and this was an interesting message.
• 7:44
  This says here, let's read this. I read online that that the
• 7:48
  silver supply in many countries is insufficient.
• 7:51
  So how is the situation in Vietnam?
• 7:55
  There's no more stock for sale, huh?
• 7:58
  But I see a lot of coins in your shop.
• 7:59
  Are those the last ones? Yes.
• 8:02
  Not sure we can still buy raw materials to continue making
• 8:07
  more, guys, are we? Wait, wait.
• 8:09
  There's more. Hold on.
• 8:11
  There's another list. OK, This came from Make Gold.
• 8:15
  Great again. Reports of retail silver supply
• 8:18
  shortages this week again, Right.
• 8:21
  Australia, USA, South Africa, Canada, Vietnam and Germany,
• 8:25
  those another adds another to the list.
• 8:27
  So that's I don't know what is that 8 different places and
• 8:31
  those are just the ones that I was able to bring up where we
• 8:34
  are having developing silver shortages.
• 8:37
  Guys, it's happening and it's happening everywhere.
• 8:40
  Now another this, let's switch gears here.
• 8:43
  You've heard me talk about this. What I believe could be another
• 8:46
  massive demand source for both gold and silver is tokenization
• 8:51
  of gold and silver. Set aside aside your thoughts on
• 8:55
  crypto, any of that stuff, The reality is it's happening, OK,
• 8:59
  and it can be very, very good for those of us that own
• 9:03
  physical metals. And tokenization does add some
• 9:06
  real benefits because you learn about it, you might understand
• 9:09
  that it's actually some good things that can be done by
• 9:12
  tokenizing metals. But none the less, right, as we
• 9:15
  move into these coming years, more and more gold and silver
• 9:19
  are going to be tokenized. What that means is there's an
• 9:22
  actual metal and a vault, right? That's represented by 1 token.
• 9:27
  So it's going to create potentially massive demand for
• 9:31
  the metals as we move into the coming years.
• 9:33
  But there's a company that's sponsoring today's video stream
• 9:37
  X, publicly traded on the NASDAQ.
• 9:39
  I'm going to share with you some information about them now.
• 9:42
  It's going to be about 5 or 7 minutes, but a lot of the
• 9:45
  beginning of this presentation is about what's going on in the
• 9:49
  gold market in particular and even with ETS.
• 9:52
  And then I'm going to come back and share more information with
• 9:56
  you, part of which is about ETS and a number of other big
• 9:58
  developing things within the sector.
• 10:01
  Right now gold is trading at an all time high, which far
• 10:05
  surpasses many of the most bullish forecast for 2025 that
• 10:10
  were issued by many of the major Wall Street banks.
• 10:14
  Gold and silver are having a breakout year, and it's
• 10:17
  happening because tariffs and wars have changed the way the
• 10:20
  dollars are used around the globe.
• 10:23
  We're entering a very volatile era where China, Russia and
• 10:27
  their axis are finding ways to transact without the dollar and
• 10:31
  the West is dealing with a massive sovereign debt crisis.
• 10:36
  Gold and silver's breakout 2025 leading all other major asset
• 10:41
  classes has brought them to the forefront and the demand from
• 10:44
  central banks is at a record high as well.
• 10:47
  Into this boom in precious metals and in the record central
• 10:51
  bank demand, I believe we may have come across a Netflix verse
• 10:56
  blockbuster moment. This could be one of the most
• 10:59
  monumental and significant developments in gold and
• 11:03
  commodities we've ever seen. Everybody understands how
• 11:06
  Blockbuster's business model became totally obsolete and
• 11:11
  outdated when Netflix. Netflix offered the exact same
• 11:15
  content, but through streaming, the mechanism of delivery
• 11:18
  dramatically improved. The product was upgraded.
• 11:21
  The experience of the end consumer was so positive that
• 11:25
  Blockbuster went out of business and Netflix went from watching
• 11:30
  its first stream to becoming one of the largest companies on
• 11:34
  Earth, going from a dollar per share in 2002 all the way to
• 11:38
  $1200 today. ETFs made gold trading
• 11:42
  accessible to a much larger audience in the 2000s in much
• 11:47
  the same way that blockbuster branches made movies accessible
• 11:50
  to cinema goers. But the next revolution that
• 11:53
  could make the ETF's of today obsolete or greatly challenged
• 11:57
  by better new competitors might be here.
• 12:00
  Right now. Gold is experiencing a bull
• 12:03
  market that has shocked many, and the available ETF's on the
• 12:07
  market right now turn away so many who don't trust the audits,
• 12:11
  who don't believe that they're fully backed by the underlying
• 12:14
  metals, or who live in dozens of countries where ETFs aren't
• 12:18
  available to trade. These are massive problems that
• 12:22
  the ETF providers know are their weakness.
• 12:24
  The largest gold ETF manages more than 120 billion and
• 12:28
  growing. Yet what I'm about to show you
• 12:31
  might be the biggest disruptor to their business model since
• 12:34
  inception. As I said, the biggest weakness
• 12:37
  they face are doubts about not being fully backed about their
• 12:41
  auditing and the underlying metal vaults not being
• 12:45
  accessible to hundreds of millions of investors that
• 12:47
  reside in developing markets and they charge a fee for managing.
• 12:52
  Billionaire mining tycoon Frank Giustra, along with who I
• 12:56
  consider to be a mining legend, Sean Rosen are well aware of the
• 13:00
  opportunity and disrupting the current ETF providers with fully
• 13:04
  backed, vaulted, audited, verified yield bearing financial
• 13:09
  products which could be accessible to the world over.
• 13:12
  And Frank Giustra just invested heavily to the tune of owning
• 13:16
  17,000,000 shares of a brand new just listed NASDAQ company
• 13:22
  called Stream X ticker symbol STEX.
• 13:26
  The sponsor of today's video aiming to revolutionize the
• 13:29
  industry of owning precious metals and commodities in
• 13:33
  general by commercializing fully backed, vaulted, audited and
• 13:37
  verified ownership of gold and other commodities.
• 13:41
  Again, ticker symbol STEX on the NASDAQ.
• 13:45
  It's a Netflix versus Blockbuster moment in my view,
• 13:49
  and it seems like Frank Giustra agrees.
• 13:51
  Stream X wants to do to commodity ETFs what Netflix did
• 13:55
  to movies and TV shows, what Apple did to music and phones.
• 14:00
  They want to dramatically improve the user experience and
• 14:04
  make it simpler, easier and better and offer it globally.
• 14:08
  Right now, Stream X is just lining up the last details
• 14:12
  before launching its first product, the fully backed yield
• 14:15
  bearing Gold One on top of the major position owned by Frank
• 14:19
  Giustra. 2 of the cofounders each owned 20 million shares
• 14:24
  worth just north of $100 million.
• 14:27
  So significant skin in the game for the people leading this
• 14:31
  revolution. For years I've been hearing from
• 14:34
  people that ETS are not ideal for them, hard or impossible to
• 14:38
  trust because of the backing or of the auditing of them, and
• 14:41
  sometimes because of the management fees and premiums.
• 14:45
  Stream X is launching a potential game changer.
• 14:48
  And if I compare it metaphor metaphorically to Netflix, this
• 14:52
  is like before they launched their first ever streaming
• 14:56
  because Stream X is just about to launch their first product to
• 15:00
  the global market. The company has secured up to
• 15:02
  1.1 billion in funding through a mix of equity, convertible debt
• 15:07
  and a line of credit led by Cantor Fitzgerald, The company
• 15:10
  that was run by Howard Lutnick, Secretary of Commerce and now
• 15:15
  managed by his sons. This funding will allow the
• 15:18
  company to draw upon and should purchase physical gold to back
• 15:22
  their product, as well as to likely add to their own balance
• 15:26
  sheet. This would make Stream X one of
• 15:28
  the first publicly traded companies to own gold on their
• 15:32
  balance sheet. With the vision to launch
• 15:34
  several gold products and then to expand to silver and others.
• 15:39
  And commodities are ripe for a fintech revolution compared with
• 15:43
  today's ETF's. For years we've heard that gold
• 15:46
  does not provide a yield, but now Stream X is pioneering a
• 15:50
  product that will produce yield, so the owners will essentially
• 15:55
  get paid to own gold. The proprietary platform Stream
• 15:58
  X developed attracted as their Chief Investment Officer, Mr.
• 16:02
  Mitchell Williams, who not only ran the Kuwaiti sovereign wealth
• 16:06
  fund but was also one of the sole portfolio managers for
• 16:10
  Oppenheimer's flagship value fund.
• 16:13
  The platform itself was developed at the same software
• 16:16
  experts who built cybersecurity infrastructure for Capital One
• 16:21
  Bank, Bank of America and JP Morgan's credit card processing
• 16:26
  infrastructure business. One of the largest fintech
• 16:29
  platforms in the world, the token will be on the Solana and
• 16:33
  Coinbase blockchain. And as you well know,
• 16:37
  tokenization of real world assets is the biggest and most
• 16:41
  important financial disruption of our time.
• 16:44
  From NASDAQ to Robin Hood, in all the major financial
• 16:47
  companies, most are scrambling to upgrade their offerings to
• 16:51
  the chain because it potentially opens 24 by 7 trading on a
• 16:56
  global scale and democratizes the access to of every investor
• 17:02
  in the world to so many more products.
• 17:05
  This very well could be the Netflix verse blockbuster
• 17:09
  moment. We all know gold's bull market
• 17:12
  has sent its price to its highest ever and that Frank
• 17:15
  Giustra has positioned in Stream X to the tune of almost $90
• 17:19
  million before they launched their first product, which is
• 17:24
  coming in short order. And the Cantor Fitzgerald was
• 17:28
  instrumental in securing up to 1.1 billion in financing for
• 17:32
  Stream X to draw upon and begin purchasing physical bars.
• 17:37
  Stream X seeks to be the Fintech tokenization giant.
• 17:41
  This is the inception and a major revolution could be
• 17:45
  underway. Do your own research on Stream
• 17:47
  X, which looks to disrupt the current giants and commodities
• 17:51
  ETF's with fully backed, audited and verified ownership
• 17:55
  redeemable and secured. Thank you, Stream X for
• 18:00
  sponsoring this video. So guys, we've covered that
• 18:03
  there's big stress in the electronic markets, the futures
• 18:06
  markets, we have backwardization, strange things
• 18:10
  going on right now. We've also looked at these
• 18:13
  phenomena of silver shortages and gold all over the world, OK.
• 18:18
  But one key component that we are maybe seeing pick up right
• 18:22
  now, there's a reason why we want to keep an eye on this is
• 18:25
  ETF flows. And we're getting some very
• 18:28
  encouraging news in particular with the gold ETF of the people
• 18:33
  are coming back in. It's electronic gold, yes, but
• 18:37
  it's backed by real metal. It's kind of like the
• 18:40
  tokenization concept, right? The more people buy the GLDETF,
• 18:45
  the more gold needs to be in the vault.
• 18:47
  Same thing with the tokenization.
• 18:49
  It's actually a net good thing whether or not you decide to
• 18:53
  engage in it. So let's look at some data
• 18:55
  coming through because the retail side, right, and even the
• 18:58
  institute side in the West has been absent from this big
• 19:03
  precious metals run up. And if they come back in, they
• 19:07
  could be the missing piece of the puzzle that could really
• 19:10
  catapult this higher. I'm going to talk in a, in a
• 19:13
  future live stream about this prospect of $20,000 gold that
• 19:18
  one of the analyst is seriously talking about right now, $20,000
• 19:23
  gold with $334 silver. But let's look at this ETF data
• 19:28
  first and we're going to go out to an article from Money Metals.
• 19:34
  Think this was Mike Mihari. He's a great analyst.
• 19:36
  He says gold still. He says now you can see it, gold
• 19:43
  still under owned despite a surge in investment demand.
• 19:48
  And let's go down because there's some interesting info.
• 19:52
  Read this first. Even with investment demand for
• 19:54
  gold surging, it remains under owned, according to State Street
• 19:58
  Investment Management analyst. That means the yellow metal
• 20:02
  still has plenty of upside. This is the important part.
• 20:07
  But in the US, selling was the dominant theme in physical.
• 20:11
  In the physical bullion market, year on year, bar and coin sales
• 20:15
  plummeted by 53%. In the first half of the year,
• 20:20
  53%. That is massive.
• 20:23
  But the gold and silver price, because of the other demand
• 20:26
  sources did very well. That's why we're saying that's
• 20:29
  the reason why we're paying attention to this.
• 20:31
  This could be demand from the West, could be the missing
• 20:35
  puzzle piece. Demand in the second quarter was
• 20:38
  only 9 tons, the lowest quarterly level since Q4 of
• 20:43
  2019. However, this is where it gets
• 20:46
  interesting. ETF investing has exploded in
• 20:49
  recent months, indicating Western investors are starting
• 20:52
  to hop on the gold bandwagon. ETF's are a convenient way for
• 20:57
  investors to play the gold market, but although many
• 20:59
  Western investors prefer paper gold, owning ETF shares is not
• 21:04
  the same as holding the physical metal.
• 21:08
  The Spider Gold shares, the world's largest gold ETF,
• 21:12
  increased its gold holdings by 35 tons in September.
• 21:18
  That is huge. It gobbled up 18.9 tons of gold
• 21:22
  in a single day, September 19th, the biggest single day increase
• 21:28
  on record. State Street State Street
• 21:31
  Investment Management's Head of Gold Strategy Akash Doshi told
• 21:36
  KIDCO News that even with the big surge in ETF investment,
• 21:40
  holdings and gold funds remain below the peak of 2020.
• 21:45
  So 2 key things we want to talk about in that number one, the
• 21:49
  amount of money going into the gold ETF is increasing, OK?
• 21:53
  But even with that increase that we recently saw, we are still
• 21:58
  way behind many of the historical levels that that were
• 22:02
  held in the GLDETF. So guys, it definitely could be
• 22:07
  the missing puzzle piece. Think if the western, if your
• 22:10
  neighbors, your friends and neighbors, as we like to refer
• 22:13
  to them, you know, the people who aren't into precious metals
• 22:16
  yet who aren't paying attention. What do we call those people the
• 22:20
  sheeple right when they when they wake up.
• 22:25
  But we're hearing it, it's starting right.
• 22:27
  Costco in certain areas is sold out of metals anyway.
• 22:31
  Throughout the West and even somewhat throughout the rest of
• 22:35
  the world is more average. People realize what's going on
• 22:39
  with the with the US dollar and Fiat currencies of all make and
• 22:43
  model continuing to lose money, right?
• 22:45
  Cuz they're printed into eternity.
• 22:47
  People will wake up. People will come running to gold
• 22:51
  and silver. We are part of an elite group,
• 22:54
  right? We are part of a very small
• 22:56
  segment of the world population that understands and already has
• 23:01
  metals, already has investments into precious metal oriented
• 23:07
  products. We will be way ahead of the
• 23:09
  curve. I mean, it's not going to take a
• 23:11
  lot because we are such a small group.
• 23:14
  Like it's not going to take a lot to double, triple, quadruple
• 23:18
  the number of people that are wanting to get their hands on
• 23:21
  precious metals. And we've got the big boys
• 23:23
  telling us, right? What Morgan Stanley.
• 23:25
  Let me read through the list. Jeffrey Gunlock, the bond king,
• 23:29
  Bank of America, Ray Dalio, even Stanley Druckenmiller, right.
• 23:34
  Big financial institutions and big, big names.
• 23:38
  The top names in the investment world all telling you to put
• 23:44
  money into precious metals. Look, again, I'm not a financial
• 23:47
  advisor. Don't buy or sell any stock,
• 23:49
  bond, mutual fund, gold, silver, do anything based on what I say.
• 23:53
  But to me, when we look at the big picture, the imbalances that
• 23:57
  are going on right now between the spot market, the physical
• 24:00
  market, the electronic market, all the shorts that are out
• 24:04
  there and those, when we look at what's going on on the streets
• 24:08
  around the world in terms of developing shortages for both
• 24:12
  gold and silver, right? And we consider just the big
• 24:17
  picture geopolitically, what's happening in the world.
• 24:20
  And from a fiscal perspective that most of the world's Western
• 24:23
  governments and a lot of the Eastern governments have racked
• 24:27
  up debt like never before, $340 trillion.
• 24:30
  I think we can rest assured that precious metals and precious
• 24:34
  metal oriented investments are a good way to protect ourselves.
• 24:37
  Hey, thanks for being here again.
• 24:39
  Please subscribe to the channel. I want you to come back.
• 24:42
  Take care yourself, OK? And I will see you.
• 24:47
  Yes, you.