Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚠️ Don’t MISS What’s Next! ⚠️ This Happens to Gold & Silver - (Precious Metals NEWS Update)
Transcript
- 0:01Unbelievable developments in the world of gold and silver.
- 0:04We're going to talk about why we need every reason to be
- 0:08optimistic about the future, but but there's some turmoil under
- 0:12the hood which could actually add to our optimism.
- 0:15But in the markets and many levels, there's big things going
- 0:18on with silver and gold. We're going to give you a lot of
- 0:21examples, a lot of reasons why we can be optimistic as we look
- 0:25out into the future. We're going to look at the
- 0:27what's going on with backwardization.
- 0:29That's very, very important. We're going to look at what's
- 0:31going on in the paper markets, the COMEX and the LBMA, OK?
- 0:35We'll look at what's going on with institutional demand.
- 0:38We'll look at what's going on with retail demand for silver in
- 0:41particular. And guys, this is big news and
- 0:44I've got a ton of examples of this.
- 0:46We have developing shortages of silver coming in from all
- 0:52directions. This could be the big moment.
- 0:55Will it be? We don't know, right?
- 0:57Nobody has a crystal ball, but a lot.
- 0:59I've got a lot of evidence I'm going to share with you that
- 1:01makes us very, very excited. But the biggest thing I'm
- 1:04excited about right now is that you're with me down here in the
- 1:08basement. Hey, you know, we're friends.
- 1:10Welcome to the basement. Basement dwellers.
- 1:12We love gold and silver. It's a big deal when you join
- 1:15me. You are important.
- 1:16Your time's important. Please come back.
- 1:19And one way you can ensure that you get to do that is by
- 1:21subscribing to the channel. Leave a comment in the comment
- 1:24section. We want to learn from you.
- 1:27Share it with your friends. Super chat.
- 1:28Super thanks. Never expected, always super
- 1:31appreciated. Let's start with
- 1:33backwardization, which is very strange in any commodity market,
- 1:38but in particular in precious metals.
- 1:41And right now we are slightly backwardated in the silver
- 1:45market. What that means is usually the
- 1:48spot price of silver is lower than the futures price, but
- 1:53right now it's backward. OK, The futures price is
- 1:58actually lower than the the current spot price.
- 2:01Let's go look at some data on this and explain why that could
- 2:04be something very good for the future price of silver.
- 2:09We're going to go out here to our friend Hanza who shares this
- 2:13with us. Silvers and backward it,
- 2:16backward it backward nation. Easy for me to say.
- 2:18That means that futures are trading below the spot silver
- 2:23price. Normally this only happens when
- 2:26physical demand explodes. We're going to dig into this a
- 2:29little bit deeper, get a few more things highlighted down
- 2:32here, OK, Hansa says this backwardization equals spot
- 2:36price. OK, being higher than the
- 2:38futures. Translation.
- 2:40Physical silver is more valuable, Physical silver more
- 2:45valuable than paper promises. Comex shorts are stuck in a game
- 2:50of musical chairs with not enough real metal to cover.
- 2:55And that's really the big key take away here.
- 2:58When this thing gets in the backwardization, it basically
- 3:00means that the actual physical metal being able to get your
- 3:04hands on it is being recognized now as more valuable than the
- 3:08future. A lot of times what that signals
- 3:10is potentially people having concerns about the future, about
- 3:14the futures being able to deliver on their actual metal.
- 3:18And many times in the past when backward backwardization occurs,
- 3:23it signals a very like a likelihood that we could get
- 3:26even higher silver prices in the future.
- 3:29But it's not just there guys, because we're getting all all
- 3:32kinds of, it's a little overwhelming and it's becoming a
- 3:35very hot topic. And there's a reason why it's
- 3:37important messages about shortages of silver, limits on
- 3:41silver all around the world. I think I got like 15 examples
- 3:46to show you here. So let's get started started and
- 3:48then I got a special sponsor of today's video, a company that's
- 3:52starting out tokenizing gold, they're called Stream XI.
- 3:56Got a little presentation I'm going to share with you and then
- 3:58even more crazy info about the precious metals markets.
- 4:02But let's go take a look at what is happening in the silver
- 4:07market. First, we're going to go out to
- 4:09Japan. That starts in Japan, where
- 4:14Tanaka, Tanaka, precious metals in Japan due to, and I'm going
- 4:18to tell you who they are. The reason why Tanaka is
- 4:21important, OK. But due to production delays,
- 4:25especially for small size bullion, sales of bars 50g and
- 4:30under will be temporarily suspended starting tomorrow.
- 4:34Long lines are forming as people rush to buy gold.
- 4:38So this is on the gold side. It's happening on both sides.
- 4:42Why is this important, right? Japan, one of the world's
- 4:44largest economies, people are rushing to buy by gold.
- 4:49Hold on here, let me let me go here and then I have some
- 4:53pictures of what's going on. Tanaka, just so you know who
- 4:57they are specifically Tanaka Precious Metals is Japan's
- 5:00largest gold, largest gold bullion dealer and refiner by
- 5:05volume history back to 1885. They handled the sale of gold,
- 5:10platinum and silver bullion coins and offer precious metal
- 5:13accumulation plans. So it's Japan's largest gold
- 5:16bullion dealer. And I forgot to share the right
- 5:20screen. There we go.
- 5:21There you go. I read it to you.
- 5:22Anyway, let's go to the next one here.
- 5:26Let's go back here 1st and see if I can pull up these pictures
- 5:32of what is happening in Japan. Here we go.
- 5:37You can see right there. Hold on and we're live, so bear
- 5:43with me. There we go.
- 5:45Here we go. Let's just read this one real
- 5:47quickly. Sometimes TV gives us useful
- 5:50information, or rather, it feels like it's hyping up the TV
- 5:53generation to buy. But apparently there's a long
- 5:56line of people buying gold at stores like Tanaka Precious
- 6:00Metals, and there's some pictures right there, people
- 6:03lining up in Japan. Now let's go over to South
- 6:09Africa where it gets interesting with with silver.
- 6:14OK, we get this from make gold great again, Krugerrands, silver
- 6:19Krugerrands very popular silver coin are sold out.
- 6:22No supply for two weeks. This came from the markets a
- 6:26sniper and there's a screenshot right?
- 6:28No silver krugs are available in South Africa.
- 6:31Rand refiner statement below sold out, sold out.
- 6:34OK, so we go from Japan to South Africa here.
- 6:38Let's see what what our friend Mr. Tim Hack has to share with
- 6:44us. The hackman says this Australia,
- 6:49Africa, Canada, Vietnam, Costco and everything is gone.
- 6:57The impacts are increasing everyday worldwide.
- 7:00I give the silver market, this is about silver maybe a week
- 7:04before it Foley starts to meltdown.
- 7:07And if we look at here's the the South African one that we looked
- 7:11at already here we are next. No silver or gold at any Costco
- 7:17locations in Ontario. OK, that's developing.
- 7:22Hold on here. Next.
- 7:28OK, The silver Baron. The silver squeeze is real and
- 7:31unlike anything before. The Perth Mint is now out of
- 7:34stock. Silver bars now out of stock at
- 7:37the Perth Mint. That would be Australia.
- 7:39Man, it's hard to keep up with all this stuff, I tell you what.
- 7:42Oh, and this was an interesting message.
- 7:44This says here, let's read this. I read online that that the
- 7:48silver supply in many countries is insufficient.
- 7:51So how is the situation in Vietnam?
- 7:55There's no more stock for sale, huh?
- 7:58But I see a lot of coins in your shop.
- 7:59Are those the last ones? Yes.
- 8:02Not sure we can still buy raw materials to continue making
- 8:07more, guys, are we? Wait, wait.
- 8:09There's more. Hold on.
- 8:11There's another list. OK, This came from Make Gold.
- 8:15Great again. Reports of retail silver supply
- 8:18shortages this week again, Right.
- 8:21Australia, USA, South Africa, Canada, Vietnam and Germany,
- 8:25those another adds another to the list.
- 8:27So that's I don't know what is that 8 different places and
- 8:31those are just the ones that I was able to bring up where we
- 8:34are having developing silver shortages.
- 8:37Guys, it's happening and it's happening everywhere.
- 8:40Now another this, let's switch gears here.
- 8:43You've heard me talk about this. What I believe could be another
- 8:46massive demand source for both gold and silver is tokenization
- 8:51of gold and silver. Set aside aside your thoughts on
- 8:55crypto, any of that stuff, The reality is it's happening, OK,
- 8:59and it can be very, very good for those of us that own
- 9:03physical metals. And tokenization does add some
- 9:06real benefits because you learn about it, you might understand
- 9:09that it's actually some good things that can be done by
- 9:12tokenizing metals. But none the less, right, as we
- 9:15move into these coming years, more and more gold and silver
- 9:19are going to be tokenized. What that means is there's an
- 9:22actual metal and a vault, right? That's represented by 1 token.
- 9:27So it's going to create potentially massive demand for
- 9:31the metals as we move into the coming years.
- 9:33But there's a company that's sponsoring today's video stream
- 9:37X, publicly traded on the NASDAQ.
- 9:39I'm going to share with you some information about them now.
- 9:42It's going to be about 5 or 7 minutes, but a lot of the
- 9:45beginning of this presentation is about what's going on in the
- 9:49gold market in particular and even with ETS.
- 9:52And then I'm going to come back and share more information with
- 9:56you, part of which is about ETS and a number of other big
- 9:58developing things within the sector.
- 10:01Right now gold is trading at an all time high, which far
- 10:05surpasses many of the most bullish forecast for 2025 that
- 10:10were issued by many of the major Wall Street banks.
- 10:14Gold and silver are having a breakout year, and it's
- 10:17happening because tariffs and wars have changed the way the
- 10:20dollars are used around the globe.
- 10:23We're entering a very volatile era where China, Russia and
- 10:27their axis are finding ways to transact without the dollar and
- 10:31the West is dealing with a massive sovereign debt crisis.
- 10:36Gold and silver's breakout 2025 leading all other major asset
- 10:41classes has brought them to the forefront and the demand from
- 10:44central banks is at a record high as well.
- 10:47Into this boom in precious metals and in the record central
- 10:51bank demand, I believe we may have come across a Netflix verse
- 10:56blockbuster moment. This could be one of the most
- 10:59monumental and significant developments in gold and
- 11:03commodities we've ever seen. Everybody understands how
- 11:06Blockbuster's business model became totally obsolete and
- 11:11outdated when Netflix. Netflix offered the exact same
- 11:15content, but through streaming, the mechanism of delivery
- 11:18dramatically improved. The product was upgraded.
- 11:21The experience of the end consumer was so positive that
- 11:25Blockbuster went out of business and Netflix went from watching
- 11:30its first stream to becoming one of the largest companies on
- 11:34Earth, going from a dollar per share in 2002 all the way to
- 11:38$1200 today. ETFs made gold trading
- 11:42accessible to a much larger audience in the 2000s in much
- 11:47the same way that blockbuster branches made movies accessible
- 11:50to cinema goers. But the next revolution that
- 11:53could make the ETF's of today obsolete or greatly challenged
- 11:57by better new competitors might be here.
- 12:00Right now. Gold is experiencing a bull
- 12:03market that has shocked many, and the available ETF's on the
- 12:07market right now turn away so many who don't trust the audits,
- 12:11who don't believe that they're fully backed by the underlying
- 12:14metals, or who live in dozens of countries where ETFs aren't
- 12:18available to trade. These are massive problems that
- 12:22the ETF providers know are their weakness.
- 12:24The largest gold ETF manages more than 120 billion and
- 12:28growing. Yet what I'm about to show you
- 12:31might be the biggest disruptor to their business model since
- 12:34inception. As I said, the biggest weakness
- 12:37they face are doubts about not being fully backed about their
- 12:41auditing and the underlying metal vaults not being
- 12:45accessible to hundreds of millions of investors that
- 12:47reside in developing markets and they charge a fee for managing.
- 12:52Billionaire mining tycoon Frank Giustra, along with who I
- 12:56consider to be a mining legend, Sean Rosen are well aware of the
- 13:00opportunity and disrupting the current ETF providers with fully
- 13:04backed, vaulted, audited, verified yield bearing financial
- 13:09products which could be accessible to the world over.
- 13:12And Frank Giustra just invested heavily to the tune of owning
- 13:1617,000,000 shares of a brand new just listed NASDAQ company
- 13:22called Stream X ticker symbol STEX.
- 13:26The sponsor of today's video aiming to revolutionize the
- 13:29industry of owning precious metals and commodities in
- 13:33general by commercializing fully backed, vaulted, audited and
- 13:37verified ownership of gold and other commodities.
- 13:41Again, ticker symbol STEX on the NASDAQ.
- 13:45It's a Netflix versus Blockbuster moment in my view,
- 13:49and it seems like Frank Giustra agrees.
- 13:51Stream X wants to do to commodity ETFs what Netflix did
- 13:55to movies and TV shows, what Apple did to music and phones.
- 14:00They want to dramatically improve the user experience and
- 14:04make it simpler, easier and better and offer it globally.
- 14:08Right now, Stream X is just lining up the last details
- 14:12before launching its first product, the fully backed yield
- 14:15bearing Gold One on top of the major position owned by Frank
- 14:19Giustra. 2 of the cofounders each owned 20 million shares
- 14:24worth just north of $100 million.
- 14:27So significant skin in the game for the people leading this
- 14:31revolution. For years I've been hearing from
- 14:34people that ETS are not ideal for them, hard or impossible to
- 14:38trust because of the backing or of the auditing of them, and
- 14:41sometimes because of the management fees and premiums.
- 14:45Stream X is launching a potential game changer.
- 14:48And if I compare it metaphor metaphorically to Netflix, this
- 14:52is like before they launched their first ever streaming
- 14:56because Stream X is just about to launch their first product to
- 15:00the global market. The company has secured up to
- 15:021.1 billion in funding through a mix of equity, convertible debt
- 15:07and a line of credit led by Cantor Fitzgerald, The company
- 15:10that was run by Howard Lutnick, Secretary of Commerce and now
- 15:15managed by his sons. This funding will allow the
- 15:18company to draw upon and should purchase physical gold to back
- 15:22their product, as well as to likely add to their own balance
- 15:26sheet. This would make Stream X one of
- 15:28the first publicly traded companies to own gold on their
- 15:32balance sheet. With the vision to launch
- 15:34several gold products and then to expand to silver and others.
- 15:39And commodities are ripe for a fintech revolution compared with
- 15:43today's ETF's. For years we've heard that gold
- 15:46does not provide a yield, but now Stream X is pioneering a
- 15:50product that will produce yield, so the owners will essentially
- 15:55get paid to own gold. The proprietary platform Stream
- 15:58X developed attracted as their Chief Investment Officer, Mr.
- 16:02Mitchell Williams, who not only ran the Kuwaiti sovereign wealth
- 16:06fund but was also one of the sole portfolio managers for
- 16:10Oppenheimer's flagship value fund.
- 16:13The platform itself was developed at the same software
- 16:16experts who built cybersecurity infrastructure for Capital One
- 16:21Bank, Bank of America and JP Morgan's credit card processing
- 16:26infrastructure business. One of the largest fintech
- 16:29platforms in the world, the token will be on the Solana and
- 16:33Coinbase blockchain. And as you well know,
- 16:37tokenization of real world assets is the biggest and most
- 16:41important financial disruption of our time.
- 16:44From NASDAQ to Robin Hood, in all the major financial
- 16:47companies, most are scrambling to upgrade their offerings to
- 16:51the chain because it potentially opens 24 by 7 trading on a
- 16:56global scale and democratizes the access to of every investor
- 17:02in the world to so many more products.
- 17:05This very well could be the Netflix verse blockbuster
- 17:09moment. We all know gold's bull market
- 17:12has sent its price to its highest ever and that Frank
- 17:15Giustra has positioned in Stream X to the tune of almost $90
- 17:19million before they launched their first product, which is
- 17:24coming in short order. And the Cantor Fitzgerald was
- 17:28instrumental in securing up to 1.1 billion in financing for
- 17:32Stream X to draw upon and begin purchasing physical bars.
- 17:37Stream X seeks to be the Fintech tokenization giant.
- 17:41This is the inception and a major revolution could be
- 17:45underway. Do your own research on Stream
- 17:47X, which looks to disrupt the current giants and commodities
- 17:51ETF's with fully backed, audited and verified ownership
- 17:55redeemable and secured. Thank you, Stream X for
- 18:00sponsoring this video. So guys, we've covered that
- 18:03there's big stress in the electronic markets, the futures
- 18:06markets, we have backwardization, strange things
- 18:10going on right now. We've also looked at these
- 18:13phenomena of silver shortages and gold all over the world, OK.
- 18:18But one key component that we are maybe seeing pick up right
- 18:22now, there's a reason why we want to keep an eye on this is
- 18:25ETF flows. And we're getting some very
- 18:28encouraging news in particular with the gold ETF of the people
- 18:33are coming back in. It's electronic gold, yes, but
- 18:37it's backed by real metal. It's kind of like the
- 18:40tokenization concept, right? The more people buy the GLDETF,
- 18:45the more gold needs to be in the vault.
- 18:47Same thing with the tokenization.
- 18:49It's actually a net good thing whether or not you decide to
- 18:53engage in it. So let's look at some data
- 18:55coming through because the retail side, right, and even the
- 18:58institute side in the West has been absent from this big
- 19:03precious metals run up. And if they come back in, they
- 19:07could be the missing piece of the puzzle that could really
- 19:10catapult this higher. I'm going to talk in a, in a
- 19:13future live stream about this prospect of $20,000 gold that
- 19:18one of the analyst is seriously talking about right now, $20,000
- 19:23gold with $334 silver. But let's look at this ETF data
- 19:28first and we're going to go out to an article from Money Metals.
- 19:34Think this was Mike Mihari. He's a great analyst.
- 19:36He says gold still. He says now you can see it, gold
- 19:43still under owned despite a surge in investment demand.
- 19:48And let's go down because there's some interesting info.
- 19:52Read this first. Even with investment demand for
- 19:54gold surging, it remains under owned, according to State Street
- 19:58Investment Management analyst. That means the yellow metal
- 20:02still has plenty of upside. This is the important part.
- 20:07But in the US, selling was the dominant theme in physical.
- 20:11In the physical bullion market, year on year, bar and coin sales
- 20:15plummeted by 53%. In the first half of the year,
- 20:2053%. That is massive.
- 20:23But the gold and silver price, because of the other demand
- 20:26sources did very well. That's why we're saying that's
- 20:29the reason why we're paying attention to this.
- 20:31This could be demand from the West, could be the missing
- 20:35puzzle piece. Demand in the second quarter was
- 20:38only 9 tons, the lowest quarterly level since Q4 of
- 20:432019. However, this is where it gets
- 20:46interesting. ETF investing has exploded in
- 20:49recent months, indicating Western investors are starting
- 20:52to hop on the gold bandwagon. ETF's are a convenient way for
- 20:57investors to play the gold market, but although many
- 20:59Western investors prefer paper gold, owning ETF shares is not
- 21:04the same as holding the physical metal.
- 21:08The Spider Gold shares, the world's largest gold ETF,
- 21:12increased its gold holdings by 35 tons in September.
- 21:18That is huge. It gobbled up 18.9 tons of gold
- 21:22in a single day, September 19th, the biggest single day increase
- 21:28on record. State Street State Street
- 21:31Investment Management's Head of Gold Strategy Akash Doshi told
- 21:36KIDCO News that even with the big surge in ETF investment,
- 21:40holdings and gold funds remain below the peak of 2020.
- 21:45So 2 key things we want to talk about in that number one, the
- 21:49amount of money going into the gold ETF is increasing, OK?
- 21:53But even with that increase that we recently saw, we are still
- 21:58way behind many of the historical levels that that were
- 22:02held in the GLDETF. So guys, it definitely could be
- 22:07the missing puzzle piece. Think if the western, if your
- 22:10neighbors, your friends and neighbors, as we like to refer
- 22:13to them, you know, the people who aren't into precious metals
- 22:16yet who aren't paying attention. What do we call those people the
- 22:20sheeple right when they when they wake up.
- 22:25But we're hearing it, it's starting right.
- 22:27Costco in certain areas is sold out of metals anyway.
- 22:31Throughout the West and even somewhat throughout the rest of
- 22:35the world is more average. People realize what's going on
- 22:39with the with the US dollar and Fiat currencies of all make and
- 22:43model continuing to lose money, right?
- 22:45Cuz they're printed into eternity.
- 22:47People will wake up. People will come running to gold
- 22:51and silver. We are part of an elite group,
- 22:54right? We are part of a very small
- 22:56segment of the world population that understands and already has
- 23:01metals, already has investments into precious metal oriented
- 23:07products. We will be way ahead of the
- 23:09curve. I mean, it's not going to take a
- 23:11lot because we are such a small group.
- 23:14Like it's not going to take a lot to double, triple, quadruple
- 23:18the number of people that are wanting to get their hands on
- 23:21precious metals. And we've got the big boys
- 23:23telling us, right? What Morgan Stanley.
- 23:25Let me read through the list. Jeffrey Gunlock, the bond king,
- 23:29Bank of America, Ray Dalio, even Stanley Druckenmiller, right.
- 23:34Big financial institutions and big, big names.
- 23:38The top names in the investment world all telling you to put
- 23:44money into precious metals. Look, again, I'm not a financial
- 23:47advisor. Don't buy or sell any stock,
- 23:49bond, mutual fund, gold, silver, do anything based on what I say.
- 23:53But to me, when we look at the big picture, the imbalances that
- 23:57are going on right now between the spot market, the physical
- 24:00market, the electronic market, all the shorts that are out
- 24:04there and those, when we look at what's going on on the streets
- 24:08around the world in terms of developing shortages for both
- 24:12gold and silver, right? And we consider just the big
- 24:17picture geopolitically, what's happening in the world.
- 24:20And from a fiscal perspective that most of the world's Western
- 24:23governments and a lot of the Eastern governments have racked
- 24:27up debt like never before, $340 trillion.
- 24:30I think we can rest assured that precious metals and precious
- 24:34metal oriented investments are a good way to protect ourselves.
- 24:37Hey, thanks for being here again.
- 24:39Please subscribe to the channel. I want you to come back.
- 24:42Take care yourself, OK? And I will see you.
- 24:47Yes, you.