Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / HOW MUCH Silver & Gold YOU NEED For What is Coming!!

Transcript

HOW MUCH Silver & Gold YOU NEED For What is Coming!! · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

0:01
Hey, guys, welcome to the live stream.
0:03
Welcome to the basement. I hope you're doing great.
0:06
Boy, The gold and silver price are moving this morning.
0:09
They look like they pulled back a little bit.
0:12
But I want to say thank you for being here.
0:15
The wheels have fallen off the bus in the basement this
0:18
morning. I'm hoping I'm live right now.
0:20
Yeah. OK, great.
0:21
I can see I had this scheduled for the wrong day.
0:24
Who cares? It's Wednesday.
0:26
It's July 3rd. We got a lot going on.
0:29
Are silver and gold in the midst of a major stair step move up?
0:35
I mean, by the likes of what's happening this morning, that
0:37
wouldn't be too big of a stretch of the imagination.
0:41
But how much gold and silver do you need?
0:45
How much should you have? We're going to talk about that
0:47
as well, but let's dive right in and get started with oh boy.
0:52
I'm telling you, you know, you ever have one of those days when
0:55
all you can do is laugh? I think if it if it could go
1:00
wrong, it did go wrong for me this morning, so far in the days
1:04
still young. So sometimes, you know, we all
1:07
deal with interesting situations in life.
1:10
And oh man, this morning it was like the gutters are overflowing
1:14
the oh, but what else? I got noticed that our
1:18
homeowners insurance got cancelled, which I just
1:21
switched. You know how it goes.
1:23
That's life. We're here to talk about silver
1:25
and gold. Let's talk about this stair step
1:28
move in the silver and gold price.
1:31
This comes from our good friend Niels.
1:33
He's one of my favorite journalist over at Kitco the
1:36
Gold. Market.
1:37
Is building a staircase to 2400 and beyond.
1:41
That's from Joe Joy Yang of Market Vector Indexes.
1:46
She says she's the head of index product management and marketing
1:50
at Market Vector Indexes, said she expects gold prices to move
1:54
higher in a stair step fashion as the price action builds a new
1:59
base after every rally. And that is so critical.
2:03
Guys. Look, we all want the rocket
2:06
ship higher. Let me look back.
2:08
I mean, I got to look you guys straight in the eye, man.
2:10
I'm glad you're here. I am having a tough morning, so
2:13
I appreciate you guys being here and being part of the basement.
2:16
OK? It's a big deal when you give me
2:18
your time. So I hope you feel like you
2:20
found a little home away from home.
2:22
We're going to talk about that stair step.
2:23
I want to talk about a rocket ship, but I want to talk about
2:26
you for the next 5 seconds. Thank you.
2:29
OK, Please give this a thumbs up that helps get the word out to
2:32
more people. And you can subscribe to the
2:35
channel, it's free. We all want, you're like me.
2:38
We all want the rocket ship in the silver price and the gold
2:41
price. Are we getting it this morning?
2:44
Right? I'm shocked.
2:45
We're going to talk about what's going to happen Friday.
2:47
I predicted Friday would be the big move day, but what is going
2:51
on this morning? You know what, let's just go
2:53
out. Let's take our blood pressure
2:55
medicine. We're going to go out here to
2:57
pin backs. Let's get an update on the
2:59
silver. Silver's up $0.80 per oz.
3:02
Earlier. It was up over a dollar when I
3:05
first uploaded. You know, maybe if I press it
3:07
again, we'll get up to $0.80. Not yet.
3:10
We'll come back and check later. But guys, silver is above $30
3:14
per oz. That is unbelievable and it is
3:18
good news and it is part of this stair step.
3:22
Move up. That is so critical.
3:25
Right, and I'm going to tell you about that in a second.
3:27
First, I want to say thank you to Pimbex.
3:29
They make this live stream video possible.
3:32
If you're looking to get your hands on some gold, silver, or
3:36
platinum group metals, do yourself a favor, check out
3:39
Pimbex. They have free shipping on
3:41
orders $299 and higher. And when you get your package,
3:46
you're going to be so happy because it's going to be wrapped
3:49
up like a little, little miniature Fort Knox.
3:52
And there may be some dispute whether there actually is gold
3:55
at Fort Knox. But there'll be no dispute that
3:58
the package you get from Pembax will have whatever gold and
4:02
silver you ordered. And if you order from Pembax and
4:07
compare prices to some of the other big online bullion
4:10
dealers, that package you get might have a couple extra oz
4:14
that you were able to buy with all the money that you save.
4:17
Do yourself a favor, check out Pembax now.
4:19
Why do we want a stair step move up in the silver price and the
4:24
gold price? Very easy, guys.
4:26
Think about it. Anything that shoots up in life,
4:29
it's a law of nature. Anything that shoots straight up
4:34
will eventually run out of energy and come straight back
4:37
down. What we want is a steady stair
4:40
step increase, and that's what we're getting so far right with
4:44
this rally. I mean, I heard it last night.
4:47
I didn't realize this, but they said like gold, it was six weeks
4:50
ago, seven weeks ago now that gold hit its all time high.
4:53
Remember when we sat down here in the basement, Basement
4:56
dwellers, do you remember sitting down here in December
5:00
when we said we are in a new paradigm, a new environment?
5:04
It's a big deal, OK, A. Whole new set of circumstances,
5:09
a whole new weather pattern, whatever you want to say.
5:12
Everything changed in December for silver and gold.
5:15
We said that we predicted that by May we would have $2500 gold
5:21
and we were wrong. We were so.
5:23
Wrong, right? We were praying for $2100 gold
5:28
by Christmas and we did pop above 2100 in December.
5:32
But now we hit all 20. What 24?
5:35
50 in May and we pulled back and it's been like seven weeks, but
5:40
we we've. Consolidated, we've built a
5:42
strong base now around the 2300 level.
5:47
That's no guarantee that it's going to continue to go up.
5:50
However, it is a very good sign for things to come.
5:53
Same thing with silver. Silver fought, Silver's got to
5:55
get through $32 per oz. It got up there a couple times
6:00
OK, and rarely do you see a triple top meaning a third
6:04
attempt. Excuse me, That does not break
6:08
out. Man, I feel so much better now
6:10
that I'm down here talking to you.
6:13
I had just the crappiest morning.
6:16
I'm not going to go into details, but you know what?
6:18
You just like when everything goes wrong and you just like,
6:20
all you can do is laugh. Now I feel better.
6:23
I'm with you, $29.00 silver, right?
6:26
We got the 32. We sat around.
6:29
Look. I said, and I hope I'm wrong on
6:32
this one, that I thought the summer would be tough, that we'd
6:34
be lucky to escape the summer doldrums with 26 or $27.00
6:40
silver. Hey, we, nobody knows what
6:42
happens, but ma'am, we've been fighting above that it's been a
6:45
stair step. Let's get back to the
6:46
professionals and see what they're saying.
6:49
Hold on here about this stair step.
6:52
Hey, what the heck, Let's just do a quick update. 78 cents.
6:58
Can you believe? That.
6:59
This was supposed to happen on Friday, is what we predicted.
7:02
Wow. What would it be interesting to
7:04
see how it holds throughout the day.
7:06
OK. In Blue Joy, Yang noted that at
7:13
the start of the year, gold built a solid floor at 2000 an
7:17
ounce, and now, nearly seven months later, that floor has
7:20
been moved up by nearly $200.00. She's calling $2200 gold.
7:25
The new floor, she says, Quote in orange gold is definitely a
7:28
new in a new comfortable range and I just don't see it going
7:32
below $2200 again, she said in another couple of months, I
7:37
expect we could see that floor move up to $2400.
7:42
Hey, the way things are going, Joy could be in today.
7:47
I just don't. See the risks and factors
7:50
driving gold really going anywhere in the next few years?
7:53
Gold has been a boring trade, yo.
7:57
Yeah, kind of soared. I know what she's saying, right?
7:59
Like we said the last 6-7 weeks, consolidating in a fairly narrow
8:04
range after hitting a record high above 2450 an ounce last
8:08
month. Quote in yellow.
8:10
Investors who buy and hold gold are more macro focused.
8:14
Let me tell you something about you, OK?
8:16
And this is gold and silver investors who buy gold and
8:20
silver. Yes, they're macro focused,
8:22
Baba, they're smarter than the average bear, right?
8:26
Like the first mining gold bear right there.
8:28
And thank you to 1st Mining Gold for sponsoring Ron's Basin.
8:31
But you are. Gold and silver.
8:34
Gold and silver are the oldest markets in the world.
8:37
Some guy emailed me once and disputed me and said the fish
8:41
market's the oldest market. Well, besides the fish market.
8:45
Gold and silver are the oldest markets in the world, and I'm
8:48
not even sure if that's true about the fish market.
8:50
What comes with age, Buttercup? Right.
8:53
I don't care how old you are. You might be like, you know, 28
8:57
years old like me. 28 * 2, actually 27 * 2.
9:03
But nonetheless, I don't care if you're 24 years old.
9:06
It doesn't matter if you're 39 years old.
9:08
It doesn't matter if you're 547484.
9:11
We've even got a couple people that come to the basement that
9:14
are in their 90s. One thing we all know for sure,
9:17
no matter how old we are, is that as we grow older, no matter
9:21
where we are on the journey, we grow wiser.
9:23
Think about silver and gold. They're the oldest markets in
9:26
the world. They're money.
9:28
They've been money for all those years.
9:30
They are the wisest markets in the world.
9:33
They just don't look around the corner into the future.
9:36
No, no, they look around two corners, three corners, four
9:41
corners, silver and gold, right? Like NVIDIA stock is like
9:45
playing checkers, right? Gold and silver investors.
9:48
You're not just playing chess, you're playing 3D chess.
9:52
You know the big picture. So thank you Joy for paint
9:55
pointing, painting pointing, whatever.
9:59
All right, The biggest gold buyers have been the global
10:04
central banks. We beat that one to death.
10:06
I will not waste any more of your time talking about that.
10:09
Yang added that she doesn't expect central banks will stop
10:12
buying gold as they continue to move away from the.
10:15
United States dollar. Why would they want to do that?
10:18
The dollar. That paper, that pretty artwork
10:21
they put on there. Due to the size and trajectory
10:24
of the government's debt, She explained that the higher the
10:27
debt goes, the more difficult it becomes for other nations to
10:31
carry that burden. OK, all right, guys, that's the
10:37
deal. The gig is up.
10:40
I know that it may feel like the gig will never be up, right?
10:45
But the gig is up. The debt's a problem.
10:49
Every 90 days we're adding another trillion dollars of debt
10:54
in our country. A trillion.
10:56
Sit down. Hold on to your socks,
10:58
buttercup. 1 trillion is 1,000,000 * 1,000,000.
11:04
A million times a million. The gig is up.
11:07
The party's over for the US dollar for us to be able to
11:10
export inflation. The, the, the Petro dollar is
11:14
falling apart. That's all.
11:16
After they took, look, here's the deal real simple.
11:19
We're not going to get into a deep discussion, but it's
11:21
critical that, and this makes sense.
11:24
In 1971, when President Nixon temporarily took the United
11:28
States off the gold standard, what did he do?
11:32
He took us off the gold standard and he put us, he backed the the
11:35
dollar with oil, OK? That's the fact.
11:39
And that now is falling apart, just at a time when we need the
11:44
world to need our debt more than ever.
11:46
This is real. It's happening now.
11:48
It's happening in real time. It may not.
11:50
Feel like it, right? It may, it all happens kind of
11:53
slowly and then it happens all of a sudden.
11:56
Just my opinion. Don't make any financial or
12:00
relationship decisions based on anything that I'm saying.
12:04
She brings up a great point also and said that the November 2024
12:09
US elections approach, it's clear that neither major
12:13
political party has a plan for addressing, for addressing the
12:16
burgeoning debt the Democratic Party wants to keep spending to
12:20
support social programs, while the Republicans want to
12:23
drastically slash taxes. Nobody's talking about the giant
12:29
herd of elephants in the room, she says.
12:32
Quote, in the end, it's all the same.
12:34
We have this enormous U.S. dollar debt out there, people
12:39
out there, people will have to reprice.
12:41
Somebody still has to buy all this debt.
12:45
Yes, thank you, Joy. Think about it guys, it's not
12:48
just a number every, everybody that owns that debt thinks
12:51
they're going to get paid back and.
12:53
Somebody's got to. Buy all the debt, but I think
12:55
the rest of the world is trying to make sure they're not as
12:58
dependent on the US dollar. For them, gold offers another
13:03
opportunity to hold an asset that is still pretty significant
13:07
store of value for them. She expect this is where this is
13:10
now. I've got some, I've got some.
13:12
I did some deep dig digging, guys, and uncovered something
13:16
that's going to totally blow your mind, OK.
13:19
She expects that Western investors will eventually have
13:23
their turn. OK, so the central banks and the
13:26
Eastern countries are the only people buying gold and silver
13:30
right now besides you and me. But generally, we can thank.
13:33
We went over this exhaustively yesterday.
13:35
India, China, the BRICS countries, Asia, we can thank
13:40
them. Thailand, there's a gold, gold
13:44
frenzy and Thailand and in Vietnam and all over Asia, we
13:50
can thank them for the high gold and silver prices.
13:53
OK, Because the Western investor has been, hasn't shown up to the
13:57
party yet. We've shown up.
13:59
We're, we're those people that show up 1/2 hour early.
14:04
But, but I got some info for you.
14:06
It's going to blow your mind. She said she expects the gold's
14:09
next rally will come after the Federal Reserve makes it clear
14:12
that they will lower interest rates.
14:14
That's what everybody says. Currently, markets are pricing
14:17
in more than a 60% chance that the US central bank will start
14:21
its easing cycle in September. So what if I told you that I
14:24
have proof? Absolute proof?
14:28
Right, that the Western investor has been missing in action.
14:32
Now that's good. You're gonna say well Ron,
14:34
you're crazy Why is it good that the Western investor's been
14:38
missing in action? I'll tell you why, right?
14:41
Because the silver price and the gold price basement dweller have
14:46
done very well, have done awesome despite the.
14:49
Fact that the Western investor is missing OK, let me show you
14:53
how well and then. Let me, let me, let me.
14:56
We're going to look at some indisputable data that the
15:00
Western investor has been missing in.
15:03
I want you to bear this in mind. Bear, right, $2500 gold.
15:08
Bear, we don't talk about him much, right?
15:09
His blindfold does come off at $2500 gold.
15:13
But bear in mind that while the Western investor has been
15:17
missing in action, when they show up and they will come back,
15:22
right? That could be the massive
15:26
catalyst for the gold and silver price.
15:28
I'll say that every day until it happens 'cause it is going to
15:32
happen. You mark my word.
15:34
Just like we talked about $2500 gold in May and only made it to
15:37
2450, the Western investor will come back and it will be a big
15:42
deal. OK, let's go look at how good
15:45
the price has been doing. We're going to look one more
15:47
time here at Pembek. 'S 81 cents baby.
15:51
OK, it went up. So we will come back again
15:54
later. We'll keep coming back until we
15:56
we get a lower print on the silver Price up 81 cents, $30.
16:01
All right, so let's go. Have you heard of a mark?
16:03
Do you know who a mark is? A mark?
16:06
You probably don't. Maybe you do.
16:08
Publicly traded company. A mark.
16:10
Precious metals. They're the big boy.
16:13
Boys and girls. OK?
16:15
They are the big boy. Who?
16:17
Who is a mark, you may ask? Well, have you heard of these
16:20
companies? Hold on.
16:22
Oh, wait a minute. Let me make sure I got you on
16:23
the screen with me. Susie's not here today.
16:26
Susie's at her mother's house. Further complicating my horrific
16:30
morning that I'm having. No, this is great.
16:33
We're together. We're in the basement.
16:34
OK, A Mark is a massive precious metals custom company.
16:38
They do wholesale sales. They do logistics and storage,
16:44
minting. They do it all.
16:45
But they also guys sell direct to the consumer.
16:50
Have you heard of JM Bullion? Have you heard of Goldmine?
16:54
OK, JM Bullion and they own all these companies as a leading
16:58
e-commerce retailer. Precious metals, everybody's
17:01
heard of JM Bullion and operates 7 separately branded company
17:06
owned websites. So it's not just JM Bullion,
17:09
it's an umbrella. And then there's seven companies
17:11
underneath it targeting specific niches within the precious
17:15
metals sector. So if you buy gold or silver
17:18
from JM Bullion, Provident Metals, silver.com, gold.com,
17:23
goldprice.org, silverprice.org, buy gold and silver, bgasc.com
17:29
think that's what it stands for. Bullion Max.
17:32
That's like CarMax and they also own cyber metals.
17:36
You're buying from from not from that, not from where you are,
17:40
but you're buying essentially from this company.
17:44
Now I promised you some some very interesting information and
17:48
this is good news for silver and gold investors, very good news.
17:53
If we go out to their financial, their most recent financial hold
17:59
on here, their most this damn wire keeps getting in my way.
18:05
Here we go. Are you guys still there?
18:07
Are we still alive? Hello, basement dwellers.
18:10
OK, cool. Let's wait till you see this.
18:14
This is absolutely OK. So this was if you know, if you
18:19
go on their website and you go to investors and then you go to
18:23
investor relations and you look at their most recent quarterly
18:26
report, OK, press releases a Mark precious metals reports
18:30
fiscal third quarter 2024, that's their fiscal third
18:35
quarter which ended in March, OK, And listen to what their CEO
18:42
said. So this is from January through
18:44
March. This was released on May 7th,
18:47
2024. Our our quarterly results
18:51
reflect the continued ability of our fully integrated platform to
18:54
deliver profitable results even in a difficult market
18:57
environment, said CEO Greg Roberts.
19:00
Quote, during the quarter, we faced a combination of softened
19:05
demand, premium compression, so fewer people were buying
19:10
precious metals during January through March, premium
19:14
compression, we've talked about that because there's less
19:16
demand, the premium they can charge above spot goes down and
19:20
elevated gold and silver prices, Woo.
19:23
Hoo, we love that Mark. OK in green, which led our
19:27
traditional buyers to become sellers.
19:30
So people were actually selling their metals and provided us
19:33
with the opportunity. To purchase their inventory.
19:36
But this is the shocking part guys.
19:39
Go down here to the yellow fiscal third quarter 2024 gold
19:47
oz sold during the first three months of this year by a mark
19:51
like the biggest of the big bullion dealer out there.
19:55
Gold Oz sold in the three months ended March 31st decreased by
20:00
32%. So they sold compared right,
20:05
compared to the same three months in of 2023, a decrease
20:11
that's significant, OK. Silver oz sold in the three
20:15
months ended March 31st decreased by 30%.
20:19
So they sold 26,000,000 oz and then the year before they sold
20:24
37 million oz. Guys, this is big, this is
20:28
significant. This is the biggest of the big
20:31
in the precious metals bullion dealer sector. 30% fewer sales.
20:38
OK, it's true, right? What did this lady, Joy Lang or
20:43
whatever her name was, tell us, right, that when the Western
20:47
investor shows up, we could be in for a wild, wild ride?
20:51
We know ETF, this is. Could you imagine?
20:56
Right. And, and Can you imagine the
20:58
days when like a year and a half ago when you went to your local
21:01
coin shop and they didn't have anything?
21:04
I'm telling you, this market is so thin.
21:08
Moves are happening. Look at today, right?
21:13
I said I'd keep going back to the till until the price goes
21:16
down. So here we go.
21:18
Let's go back and check on that silver price.
21:20
Basement dwellers, we're up $0.81.
21:22
If it continues to go up, we will come back again even later.
21:26
And $0.90. Oh, baby, we're on A roll.
21:33
Maybe, maybe, maybe we should take the money and run, right?
21:37
No, Hey, that's Pendbex, right? Hey, Pendbex is not part of that
21:42
a mark, right? Pendbex is a small independent
21:45
company growing, I'd say not very small anymore.
21:49
And they're, and they're growing because and they're growing very
21:52
quickly. Why?
21:54
Right, because they give great prices, great service and great
21:57
selection. Don't forget, check out Pendex.
21:59
I'm I'm just compare them to the big boys.
22:02
Compare the prices, right? Give them a call on the
22:04
telephone. Right, and don't forget you get
22:07
free shipping 299 and up. OK, Where was I?
22:11
That's a big day Friday. Friday's a big day for gold and
22:15
silver. Yeah, scratch that.
22:17
Today is a massive day for gold and silver.
22:20
What is going on? Right.
22:22
We do have big news today, right?
22:25
And it's kind of medium big news.
22:27
But the the meeting notes from the Federal Reserve's last
22:30
monetary policy will come out that could impact the price of
22:34
silver and gold, OK. But Friday's the big day.
22:38
We're going to get the June unemployment numbers.
22:40
It's going to be very interesting, right?
22:43
It will have a big impact. I hate to think that all the
22:46
gains that we may have today could be erased very quickly on
22:50
Friday, but nothing's out of the realm of possibilities I've
22:55
called for what I said was I said I thought Friday silver
22:58
could go up a buck an ounce. Well, apparently I may have been
23:02
a couple days early. That was an early 4th of July
23:05
present for us basement dwellers, right?
23:07
We are not going to complain, OK, But we're going to get,
23:12
here's what I was thinking about the, the big jobs number comes
23:14
out right on Friday. How many jobs?
23:17
And it's, so it is, it's, it's from the BLS, the Bureau of
23:22
Labor and Statistics. But how do you think, what do
23:26
you think? Do you think we should just take
23:27
the L out and call it the BS? Because everybody knows these
23:31
numbers are just complete BS. All these adjustments, all this
23:36
crazy stuff that goes on, there's my insurance agent going
23:40
to explain to me why our homeowners insurance got
23:42
cancelled. That's just one of the things
23:44
that I'm dealing with this morning.
23:45
We all deal with it. I know you're dealing with stuff
23:47
too. But nonetheless, the BLS is
23:51
going to give us these numbers. And I was thinking this morning
23:53
like, yeah, how many, how many BS jobs did they create that
23:58
people are going to make a little bit of money that they
24:00
can hardly buy anything with anymore?
24:03
I'm telling you guys, it is getting ugly out there.
24:05
Let's let's shift over the silver.
24:09
Are you are you believing this? Are you believing this
24:14
opportunity, this story unbelievable in silver with
24:19
solar right now. It seems like every day we're
24:21
talking about this, but guys, it's becoming a massive, massive
24:26
story and we've got new, more new breaking news in that regard
24:31
because don't forget every one of those solar.
24:33
Panels that you see out there. Is like an ounce of silver.
24:37
That's what I'm calling. They're not They're not they're
24:39
not. We're going to change the name
24:41
from solar panels to silver panels and let's just get this
24:46
latest new solar. Solar silver manufacturers are
24:49
starting to panic as they try to get their hands on the last
24:53
remaining physical silver. That's from our friend John
24:57
Little at the Silver Academy Substack PTGA division of SG
25:03
America just took delivery of over 5 million ounces of
25:07
physical silver off the COMEX exchange for use in their new
25:13
perovskite solar panels. What are, what the heck are you
25:16
wondering? What's a perovskite solar panel?
25:19
It's like a silver bar. Just in case you're wondering,
25:24
it is the latest and greatest version of solar panels and it
25:28
is just now beginning to emerge. Major technological advances are
25:33
being made, and a lot of them have to do with silver, he says.
25:38
We had the first visible proof. That's that the solar silver
25:42
manufacturers are starting to panic as they get their hands on
25:45
the last silver. So this company here in America
25:50
is gearing up to start manufacturing these perovskite
25:53
panels. OK, you know about perk panels,
25:56
You know about top con panels. Well, guess what baby, there's a
25:59
new game in town and it's much. The big key is I dug in really
26:03
deep on these. The big key is these perovskite
26:06
panels are much more efficient and I would also say probably
26:11
flexible as well. The silver plays an important
26:16
role in these perovskite panels as an electrode material.
26:20
OK as a top electrode. They also help enhance the
26:24
efficiency. It's like, I'm not a chemist,
26:26
but like the chemical up. They can make the, the, the
26:30
chemical structure in a such a way that it basically sucks in
26:34
more sunlight, sucks in more energy, and they are breaking
26:39
records in terms of efficiency. There's like big research groups
26:44
at Oxford, I think it is, and in Scotland and in North or South
26:48
Korea, all in the United States obviously.
26:51
And they're breaking records with these with these new
26:54
panels. Light trapping.
26:55
Silver nanoparticles act as antennas.
26:58
That's kind of what I just said. Charge transfer, silver nano,
27:02
everything's silver. Silver nanoparticles can enhance
27:04
charge transfer. It's an alternative to gold
27:07
because they can also use gold in these panels.
27:11
OK, now this is all evolving, but I dug in and I'm telling you
27:17
this is the new, the new, this is the next page and the page is
27:21
already being turned in the in the solar silver solar story.
27:27
All right, here's a great in case you're interested.
27:31
This is pretty easy to remember. Undecided OK, exploring how
27:36
technology impacts our lives. This guy has just a really
27:39
thorough breakdown of the perovskite and he says right
27:43
here, 2024 perovskite breakthroughs are the future of
27:47
solar. Let's just scratch that out and
27:50
and say future of silver. OK, he's got a great video as
27:54
well. Perovskite's, I'm just going to
27:57
read this one paragraph are often hailed as the next big
27:59
thing for solar panels that are more efficient than silicone
28:03
photovoltaics could ever be, and they have higher yields.
28:07
However, their fragility and short life spans have relegated
28:11
them to the lab dot dot dot so far.
28:14
And what this article talks about is there have been major
28:17
breakthroughs that are now making these perovskite panels
28:22
viable. OK, 2024 is looking to be the
28:26
year of the perovskite panel. There's a company.
28:31
This is interesting. I really dug into this.
28:34
It's very interesting 'cause. This is the future of silver,
28:37
guys. Silver, let's back up.
28:43
If if you have anything in reserve, right, of anything in
28:48
reserves, maybe you have some food in reserve at your house,
28:50
anything in reserve and you start to take from your reserve,
28:54
doesn't it make sense that eventually your reserves are
28:57
gonna run out? All right, guys, that's what's
29:01
happening in the silver market right now.
29:02
We have a big deficit. The world is demanding more and
29:05
more silver than the mining companies can produce, than the
29:09
recyclers can produce. So there's a deficit.
29:11
It's been going on for four years.
29:13
We are pulling silver. Every year, out of the reserves,
29:19
OK the above ground, nobody knows for sure how much there
29:23
really is, but we do know that hundreds of millions of Oz.
29:27
Are coming out of the reserve and we do know that no matter
29:30
what the number is, the reserves above ground are limited.
29:34
And we do know double, triple bonus feature time, right, that
29:39
that investor demand has been has been subdued.
29:43
So that deficit that we're having right now is really just
29:46
coming from industrial demand. And when the investor shows up
29:50
and they will, it's going to be crazy time.
29:53
Back to the solar panels, Bill Gates, right?
29:56
Bill Gates has a company cubic PV.
30:00
They were going to, they were going to start making the
30:02
traditional solar panels. They stopped in the middle of
30:05
like their construction of their factory and said you know what,
30:08
we're stopping and we're going to start making these perovskite
30:11
panels, OK, Fewer panels are needed because they are more
30:17
efficient, right? If that doesn't, but the fewer
30:20
panels. Have more silver per panel in
30:23
them, OK, they suck in more sun. The durability has been the
30:27
downside on these panels, but that is improving.
30:30
So it's very exciting. Let's just final, final couple
30:34
things on solar and silver because we need to stay like, is
30:38
it really happening right? Well, let's go take a look at
30:42
this. Here we go.
30:45
This is an Wisconsin construction underway on Solar
30:50
Farm farm near Lake Holly. This is just one little news.
30:54
Story thanks to my friend Mark who sent this to me right here
30:58
we go the town of Holly. We've never even heard of it
31:01
right. Wisconsin and the village of
31:04
Lake Holly are one step closer to running with some renewable
31:07
energy. It's through a project with one
31:10
Energy renewables and Solar share Wisconsin Cooperative
31:13
construction on this 26 acre solar project started in June.
31:19
This is happening all across the country.
31:22
We know it's happening all across the world.
31:24
Now look at I want you to look at this picture on the screen
31:28
here. Hold on, I don't have my Susie
31:31
here to make sure I'm OK. Here we go.
31:33
See those. Poles.
31:35
I want you to envision on top of each one of those little poles.
31:39
You know what's gonna be there, huh?
31:41
A1 oz silver bar. And guess what, It's not going
31:47
anywhere. It's going to be sitting there
31:49
for at least 20 years, maybe 25 years.
31:51
And then we don't even know if they'll be able to get that
31:54
silver out of there. OK, how about this?
31:57
And again, thanks to our friend Mark.
31:59
OK, the Diavik solar plant is running.
32:02
Officials hope it can be deployed elsewhere when the mine
32:05
closes. Diavik is a massive, I mean
32:08
massive diamond mine up in north the Northwest Territories.
32:13
Rio Tinto. All right, these are big
32:15
companies. If you've never heard of Rio
32:16
Tinto, they're one of the world's biggest mining
32:18
companies. Says it's 3.5 MW solar plant,
32:21
which it calls the North's biggest off grid solar operation
32:24
is up and running at the Dievic diamond mine in the Northwest
32:28
Territories. 6620 silver panels. Oh, that says solar or silver
32:36
solar panels are expected to generate 4.2 million kilowatt
32:40
hours of electricity per year. So this is real.
32:44
Guys, this is happening right before our very eyes.
32:47
Should we do it? Basement dwellers, 500 people.
32:50
Thank you for being here, man. We are the silver warriors, the
32:55
basement dwellers. If we want to be kind of nice,
32:58
we like to say this is like. The Mr. Rogers Neighborhood
33:01
Basement for silver and gold enthusiasts.
33:04
But that's us. You are ahead of the curve.
33:06
I got news for you. OK, You are way ahead of the
33:11
curve. You know what's going on.
33:13
You know what's heading our way. Look, none of us can predict
33:17
with certainty when it's gonna happen.
33:18
It always takes longer than we anticipate.
33:21
But it's going to happen, right? We know, right?
33:25
And look at what's already gone on with the silver and gold
33:28
price. I'm telling you guys.
33:30
We have we have reason to be very, very happy.
33:33
Let me let's do it. OK, I think last time.
33:37
Let's go check $0.90 an ounce silver.
33:41
Oh, my God. I'm gonna cry.
33:43
That's when I thought I was having a bad day.
33:45
Things were looking bright. 90 cents.
33:47
Look at that. Guys.
33:48
Are you ready? I'm gonna push the button and
33:51
see where we are, 84. OK, Well, hey, we'll still take
33:56
it. We're not gonna go back there
33:59
again. We went to the till one too many
34:01
times, $0.84 an ounce on silver today.
34:04
That is a big, big deal. Fireworks.
34:07
The economy's. Done.
34:09
Done right, 50% of the people I heard Gareth Soloway say this
34:13
last night, 50% I think it's probably more of the people in
34:17
the United States are already in a recession are we in a
34:21
depression we haven't talked about the.
34:23
D. Word.
34:24
Right. Deflation.
34:25
No, not deflation. Right.
34:27
Not stagflation. No.
34:28
Are we in a depression? I think if you ask like the
34:31
bottom third of the people in the country, the people who are
34:33
working. Thank you.
34:34
Wow. Super chat.
34:35
Enjoy the holiday and the Fed. Sucks.
34:40
Thank you, Derek and I, and I appreciate your comment.
34:44
And yes, I agree with you as well.
34:46
Wow, $10 super chat. Thank you, Derek.
34:49
That's awesome. 30% of the people are in a depression,
34:52
right? I mean, go, go hang out at a
34:55
dollar store, right? My kids are going to go to the
34:58
movies later. Susie's taken to the movies and
35:00
the neighbors said the girls could.
35:02
We're going to go to the dollar store, Brian, to buy some candy.
35:04
I'm like, we'll go to the dollar store and ask like the 20 people
35:09
who walk into the dollar store. Do you think that our economy is
35:12
in a depression? I bet at the dollar store you
35:15
get like a 75% or higher yes to that answer.
35:20
I think we are. These people are working.
35:23
We're going to get great jobs numbers on Friday.
35:28
OK, Be ready. Right.
35:29
It's going to be bi. Dynamic time.
35:32
It's bi. Dynamics, right?
35:33
All these people are working 606570 hours a week, right?
35:38
To make money that they can't buy anything with, right?
35:42
I mean, heck, if they got a car, they got to pay their car
35:44
insurance and their gas is going up, oil's shooting up, right?
35:48
Everything's going up, up, up, up, up, up, up, up, up, up.
35:51
Right now they're talking about what's the word they're using
35:54
Jerome used yesterday, Jerome was in Portugal, I think it was
35:57
at the EU, and he said disinflation.
36:00
Now they're throwing out this word disinflation, right?
36:03
Which is a. Slowing of inflation.
36:06
Well, congratulations, Jerome. Let's see.
36:08
Two years ago, officially you only stole 10% of people's
36:13
money. Now you're saying disinflation.
36:15
What is that? You're only going to steal 4%
36:17
per year? I mean, it's crazy, but but
36:21
here's proof this is crazy that you know our fireworks sales.
36:24
Let's look at fireworks sales. It's 4th of July.
36:26
We have to have a little bit of a holiday theme here.
36:29
I bet fireworks people are ready to party and have a good time.
36:32
No, no, this is from Texas Coastal Bend fireworks sales
36:39
down despite there's there's disinflation and fireworks
36:44
prices, no price increases. OK, this is your.
36:47
Average Look, the people that buy fireworks, generally
36:50
speaking, are your average, I would say middle class.
36:54
I would bet that most fireworks sales go to middle, upper
36:57
middle, lower middle class folks, right?
37:00
They weren't really wealthy people.
37:01
They they pay people to blow up their fireworks.
37:04
But let's let like to you hear what this guy says, OK?
37:08
Corpus Christi, TX Even though the price of fireworks has not
37:11
gone up in the Coastal Bend, sales are down.
37:14
OK, three news file one fireworks stand operator Jason
37:19
Perez from Mr. WS Fireworks on Weber Rd. who thinks it's
37:23
inflation that is keeping people from buying.
37:26
This is what the fireworks stand guy.
37:27
This is fireworks stand economics, he says, Quote, we're
37:31
seeing a little slump in sales. It seems like the high prices,
37:37
high prices, the economy, people having a lot less disposable
37:43
income and we're kind of feeling that on things like this, on non
37:48
necessary items, people can't afford fireworks.
37:53
OK? That's the reality.
37:55
People can barely afford their food for crying out loud.
38:00
So you know the other thing we got going on right now, the
38:02
lumber prices have burst, right? The lumber bubble we're seeing
38:06
like a crash in lumber prices. And again, that's a forward
38:11
indicator for home construction. Part of that could be because
38:14
the prices had spiked, probably people processed a lot of
38:17
lumber. But none the less that's a
38:19
forward, that's a 3D chest type environment, right?
38:22
When lumber, when Caterpillar, when big earth moving equipment
38:25
sales go down, that's like the first step in the construction
38:28
process, right, moving all the earth.
38:31
So and we've seen that. We we, we witnessed that happen.
38:34
Now we're seeing a crash in lumber prices.
38:38
Let me, I'll just read this to you.
38:41
Spot lumber prices have plummeted 75% from their May
38:46
2021 record of a 1500 per thousand board feet to just it
38:52
went from 1500 all the way down to 350, roughly matching pre
38:57
pandemic levels. OK, that's that's framing
39:00
lumber. So that's the lumber that goes
39:02
into framing up new buildings, framing up new houses, framing
39:05
up. Have you noticed all these four
39:07
story apartment buildings? They're building everywhere.
39:10
I think it's happening in every city.
39:11
It's all over in Saint Louis, all these four story wood framed
39:15
apartment buildings. I think that's where they're
39:17
going to warehouse us when they put out their new economic plan
39:21
or whatever the heck they're trying to do with us.
39:23
I don't know, guys, it's absolutely crazy.
39:26
Let's see if we can get a read on what is going on in the
39:29
markets. I'm going to take you on a
39:30
little adventure here on the Internet.
39:32
Let's go out to Zero Hedge and see if we can get a feeling
39:37
about what's going on. And then we got to go through
39:40
it, guys. We got to pay a visit to our
39:41
friend, the Oriental ghost. Hey, Michael Oliver says a gold
39:46
boom is on the horizon. That's interesting.
39:50
Let's go down and just get some news here today.
39:54
Hold on. Here we go.
39:59
Kamala rising, Harris blows by. OK, that would be interesting.
40:04
Obama is privately concerned about Biden as White House staff
40:09
freak over you know who. I'm not seeing any big news.
40:16
US Interior Department green lights major offshore wind
40:19
project in New Jersey and that this is look.
40:24
Oh, interesting. Maybe this is what OK, we need
40:27
to look at this. I I don't this lady bugs me, OK,
40:32
I do not like her. I don't like her at all.
40:35
I'm sorry. And I say that about extremely
40:38
few people. I don't like her attitude.
40:40
I don't like her. I don't like that I feel like
40:43
she lies. I just don't.
40:45
Anyway, I'm done. Maybe if I met her in person,
40:48
I'd like her. You know, I've, I've had that
40:51
happen before. Sometimes people I don't like.
40:53
There's not there's very few people I don't like.
40:55
Susie will tell you I do not like her.
40:58
Not Susie. I love Susie.
41:00
Hi, Susie. I don't know if you're on here
41:01
today, ADP payrolls. Is this what's going on?
41:05
Interesting. Interesting stupid ads.
41:10
OK ADP. OK, ADP payrolls disappoints in
41:15
June third straight monthly decline in addition's ADP
41:18
payrolls reported 150 job additions.
41:21
Well below the. 165 K expected the third straight monthly
41:26
decline in job additions and the weakest since January.
41:30
So ADP. I don't trust AD PS numbers
41:34
either, to be honest with you. But ADP, in theory, that's
41:36
Automatic Data Processing. That's the country's biggest
41:40
dominant payroll processing company.
41:42
If you have a job where you clock in and clock out, and even
41:45
if you don't, you're probably using ADP.
41:48
So they have a real, their fingers on the real pulse of the
41:52
job market. So apparently that didn't do too
41:55
well even even AD PS top economist couldn't spend it.
42:00
Let's see what he said quote job growth has been solid but not
42:03
broad based. Had it not been.
42:07
For a. Rebound in hiring and leisure
42:09
and hospitality. June would have been a downbeat
42:13
month. OK, interesting.
42:15
Very interesting. Let's go back and make sure.
42:19
Oh, here we. Go Welcome to America.
42:24
This is what's. Going on three and four
42:26
Americans say they're not financially secure.
42:28
Americans said they need to make 186,000.
42:32
OK, on average to feel financially secure more than
42:37
twice the 79,000 the Census Bureau reported as the average
42:42
full time worker made in 2022. Man, maybe Saint Louis, maybe
42:48
we're just paid lower, but these those seem like high, high
42:50
salaries. Interesting.
42:52
Let's click on that one quickly. Wow.
42:57
According to the new Bank rate report, three and four Americans
43:00
say they are not financially secure and feel they need to
43:03
make it. What?
43:03
About Bidenomics? What about what about Janet
43:06
Yellen? Hold on a second.
43:07
Wait a minute, wait a minute. Basement dwellers, huh?
43:17
I hate. I hate.
43:19
Cheesy props, but I can't help it.
43:21
She says everything's great. What's wrong with you Americans?
43:25
Everything's wonderful out there, right?
43:27
No, get back in your box, right? Three and four Americans are
43:33
feeling poor, basically. Welcome to the new America,
43:36
right? You know, And then on top of it,
43:39
to make matters worse, Americans are, look, this is don't take
43:43
this the wrong way. I'm not busting.
43:45
You guys are smart. You guys are willing to take it,
43:47
but most Americans? Are dumb, I'm sorry.
43:52
And and financially illiterate. I don't blame them, OK not you
43:57
you're not right. You're willing to dig, you're
43:59
willing to learn. I know that.
44:00
But your average American is financially illiterate.
44:04
It's not really their fault because you know why #1 their
44:07
parents and grandparents were likely financially illiterate.
44:10
The whole system is set up to keep everyone.
44:14
I heard this the other day. How does this make you let me
44:17
know what you think of this debt serves.
44:20
Remember surfs, right? Like debt surfs, the whole
44:22
system set up for that, right? They don't teach.
44:26
If if my kids, my daughters, my twin 12 year old daughters are
44:29
going to learn anything about money.
44:31
Guess what, right? The school district, the public
44:34
school district where we send them, they are going to teach
44:36
them. No, they're going to teach them.
44:38
Or you got to go to college. You got to go into debt to get
44:41
into college so that you can get into more debt to buy a car when
44:44
you graduate so you can get into more debt to buy a house after
44:47
that. So you can be in debt for your
44:48
whole darn life and work, work, work while the top 1% live off
44:53
all your efforts and charge you interest.
44:57
So it's no wonder three and four Americans, because they don't
45:02
understand money. They don't understand the key
45:05
funding, especially now. Guys, this is critical right
45:08
now. Get out of.
45:10
Debt, yeah. If you've got a home mortgage of
45:12
two or three percent, you might want to sit on it.
45:14
I thought I'd never see the day where I would say that.
45:17
Fixed rate 2 or 3% if you got credit card debt.
45:21
If you're thinking of buying a car, you know, and you're going
45:24
to go get a 10% loan. If you're thinking of buying a
45:27
house right now, I'm sorry. You know, you might want to
45:30
wait, right 'cause house prices are maybe I'm wrong, right?
45:34
May I could be dead wrong. I told people at the beginning
45:36
of the pandemic, I wouldn't buy a house.
45:38
I'd wait. I didn't know they're going to
45:39
print 16 quadrillion dollars. All right, 40% of the dollars
45:44
that have ever been in in in circulation.
45:47
We didn't know that. But I'm telling you right now,
45:51
if you got debt on car, you got any kind of adjustable rate
45:54
debt, high rate get out of debt. And so I don't blame this
45:57
article, right? I can't I don't blame Americans,
46:01
right for that. I don't think that that that
46:05
over 75% said they weren't financially secure, 4545% said
46:11
they believed they would reach financial security one day,
46:14
while 30% said they never expect to reach financial security.
46:18
And that's what the the lady from the University of Michigan
46:22
consumer sentiment survey called EU University of Michigan
46:27
consumer sentiment survey. The lady that heads it up,
46:30
another Asian name that I can't remember Joy we or something
46:34
like that. Anyway, she.
46:35
Said. She said people have have lost
46:39
hope. There's like a growing number of
46:41
people that are just losing hope, right?
46:43
This is not the America that your founding fathers set out
46:48
for you. They wanted a a system with a
46:51
fair equal level playing field, right?
46:54
If you were lazy and you and you decided that you didn't want to
46:58
work hard, that you. Fell through the.
47:00
Cracks, right? But if you wanted to work hard,
47:03
right, and you wanted to improve yourself that you could and you
47:06
could do it on a fair level playing field, right?
47:10
Right. And part of that fair level
47:12
playing field that your founding bothers laid out for you, right?
47:15
A great sacrifice to themselves. OK, Read about what the guys
47:18
that wrote the, the US Constitution, what they went
47:21
through, they had their houses burnt down, They had their, some
47:24
of them had their families killed, imprisoned, all kinds of
47:27
stuff, right? Part of what they put in there
47:30
to ensure that I'm getting mad. Is it silver and gold or real
47:35
money? Right.
47:36
It's in the Constitution of the United States of America.
47:40
America, it's the 4th of July. Where the heck?
47:43
Hold on a second, right? No offense to my friends from
47:52
this country, right? We were trying to get away from
47:54
these guys, from the Kings and the Repression and your founding
47:58
fathers. America, right?
48:01
Yeah, right. They've tried to set up a fair
48:04
and level playing field, and they did it.
48:06
Part of it was, I don't know what it is.
48:08
I don't know all the details, but Section 1, paragraph
48:11
whatever. Silver and gold are the only
48:13
forms of real money. That's a fact, right?
48:16
Yeah. And a fair and level playing
48:17
field. Well, guess what?
48:20
Silver and gold are gone, right, Thanks to President Nixon in
48:24
1971. President Nixon temporarily.
48:27
And he assured I was reading more.
48:29
He assured everyone this is absolutely just temporary.
48:34
Took gold and silver. Bye, Bye.
48:36
Bye. Bye.
48:36
Now, you know, here, here. Believe in this.
48:40
OK, Paper woo. There it goes.
48:44
Wow. Yeah.
48:44
It flies away. You can burn it.
48:46
Yeah. You can do all kinds of stuff.
48:47
So, yeah, it's no wonder that the American people, right, are
48:52
are kind of losing hope. What does that tell you?
48:56
When the lady that runs the University of Michigan consumer
48:59
sentiment survey talks about a growing proportion of the
49:03
American people who are giving up?
49:05
You hear about these younger millennial, right?
49:08
They're not out. Hey, it's the 4th of July.
49:11
Yay, you know, right. No, no, they're not out working.
49:15
They're saying I give up. Some of them are even saying no,
49:17
they'd rather just live off. Government programs, food stamps
49:21
and whatever you know. It doesn't work, baby.
49:25
This country was made successful.
49:27
We were on a gold and silver standard system for like 150
49:31
years. Those that period of time I got.
49:34
News for you, buttercup. OK.
49:35
That period of time that marked the greatest period of economic
49:41
technological growth, it's never been matched by anywhere else in
49:45
the world. What's gone on since 1971?
49:49
Right, there's a great article I'm going to talk about in the
49:51
future live stream that shows, right, The average American got
49:54
got ripped off, right? The wealthy got really wealthy.
49:58
They sold you out. I'm sorry, I'm on a little bit
50:00
of a soapbox. Let's go, let's go.
50:03
I lied to you. We're going to go look one more
50:05
time at the silver and gold price.
50:08
Take your blood pressure medicine, guys.
50:10
You know how this works, right? Just be prepared.
50:13
No matter what we've talked about this, it's going to be a
50:16
choppy ride. It's not a straight ride up,
50:19
right? We could have one of those days
50:20
where, hey, the, the silver price was up a dollar this
50:26
morning and it ends down a dollar.
50:28
We've had days like that that that happened.
50:30
That was like the biggest gut punch.
50:33
That was like what, 7 weeks ago or four, I don't know, eight
50:36
week, whatever it was, remember that morning, it's like silver
50:39
got up to $32 and then by the end of the day it was it like
50:42
went down like $4.00 top to bottom, some crazy amount like
50:46
that. So be prepared for anything,
50:49
right? Just like you survived that day,
50:51
you can survive this day as well.
50:53
Now let's go out. I lied.
50:56
I'm a liar. Liar.
50:57
Pants on fire. They cancelled my home owner's
51:02
insurance. I'm very upset about that.
51:05
And you're hearing about that more and more.
51:06
You know how expensive it is to insure this basement.
51:10
And then I just switched it all. I'm not going to say the
51:13
company's name. Went through the whole process,
51:15
cars and house, everything was cool.
51:17
And then this morning I get this notice.
51:20
I don't know, it's 'cause I have a trampoline in the backyard for
51:22
my kids. I don't know, I guess she called
51:24
when I was on the on the live stream.
51:26
They cancelled my home owner's insurance and how expensive it
51:29
is. I mean, it's real, right?
51:32
How much car insurance cost our cars just got total in a hail.
51:35
Storm. I mean, it's just, at least, I
51:37
don't know, it's just a big mess.
51:39
I tell you what. Where was I?
51:41
Oh, yeah. We're going to go check on the.
51:44
But you know what? You know, I tell you what, I
51:47
tell you my problems are no bigger than yours.
51:50
It's just they're mine, so they seem like they are.
51:52
The reality is, I know we all deal with stuff and you know,
51:54
I'm going to tell you something and I'm really bad at this, but
51:57
I'm good at preaching it. A lot of it just comes down to
52:00
the attitude you have. Now the other thing, the gutters
52:02
go clogged up. The 2nd floor gutters, I got to
52:04
get on the roof two floors up and stick my hand down there and
52:07
pull the crap out anyway, you know?
52:10
But a lot of it comes down to attitude and once basement
52:13
dwellers, right? I mean, hey, look man, with what
52:16
you've been through in the silver and gold market and life
52:18
in general. I know a.
52:19
Lot of we all deal with health issues, family issues,
52:22
everything else. We're going to make it now back
52:24
to silver and gold. Let's refresh it.
52:29
Come on, don't be like. $0.98 All right, silver guys up. $0.98
52:36
Happy 4th of July this keeps up. I might just buy some of those
52:40
fireworks Lol's here. Today I can't.
52:43
Sorry about I had this. Everything went wrong.
52:46
I had this live stream scheduled, but I put July 4th
52:49
instead of July 3rd, so you didn't get notified.
52:52
So it's a big, big deal. I tell you what, since it's
52:55
happy 4th of July for the next 3 minutes, I want you guys to do
52:58
me a favor. Tell me where you're joining
53:02
from, and I'm going to say the city's insurance is a joke.
53:07
Yeah, yeah. Accountants and ladders don't
53:10
mix. I'll tell you the story about
53:13
how I get on my roof in a second.
53:14
Tell me where you guys are joining me from.
53:16
I want to say the cities. I'm going to do the best I can.
53:19
OK 'cause this is the funnest part of the show.
53:21
Hico, Texas. Nancy's first.
53:24
Good to see you, Nancy. Who else is here?
53:27
We got 600 people, Salem OR I'll ride The Lone Ranger.
53:31
Ireland, Alberta, Canada, Dallas, TX, Lawrence and Foster.
53:36
Simi Valley. Clearwater, FL.
53:38
You know, coin shop. Chris and I are gonna go on
53:40
around the country. Oh, man.
53:42
Now I'm in Kansas. We're all dust in the wind.
53:46
Shoot. Hold on a second here.
53:47
I'm gonna. I'm gonna read all these, darn
53:49
it. And I can't slow them down.
53:51
There's a way that I used to be able to do that.
53:53
Oh, my gosh. Look at all you guys.
53:55
OK, here we go. Oh, my gosh.
53:57
Hold on. I'm gonna read you where you're
53:59
from. Dallas, Alberta, Canada.
54:02
Ireland. Insurance is a scam.
54:04
Auto insurance is a joke. Yes, I agree.
54:07
Clearwater, FL Anchorage, AK, Kansas, Napa, Washington.
54:14
I love Washington State, ATL, Atlanta, Atlanta, Sacramento,
54:19
Nashville, Indianapolis, Melbourne, Australia.
54:22
Good to see you. Evan Bobby Brown from San Jose,
54:26
Victoria, California. Victorville.
54:28
I'm sorry Cedar Springs, MI. Been to Michigan many times,
54:31
love it up there. Bend, OR Love, Oregon.
54:33
Portland, OR. South Carolina, Minnesota.
54:36
Dundas, Minnesota. My basement.
54:39
Magic Moon. Hey Jake from Jake's custom
54:42
Parts. Thank you to Jake and I think
54:44
Annie was here as well. Thank you to the moderators.
54:47
OK, Seattle, Peeveley, Michigan, South Cumberland, Joplin, MO if
54:52
I missed you. Taylor, MI, Edmonton, AB my
54:55
garage. London, England.
54:58
Good to have you don't have a basement.
55:00
Hi, Dubai. Wow, that's bald guy's
55:03
territory. Ashland.
55:04
OH, land of the free Germany. Wow.
55:08
Elkhart. I've been to Elkhart.
55:10
I worked at the Miles Manufacturing.
55:13
Elka Seltzer plant right when I graduated from college.
55:16
This is a funny story. I was an auditor for Delight and
55:18
touché. I lived in Chicago and I would
55:21
go down. I spent like 8 weeks in Elkhart
55:23
IN the girl that I worked with. OK, her name, I won't say her
55:27
name. I'll I'll protect her identity.
55:29
But she had just graduated from college with me from DePaul
55:32
University. I told her we were working
55:34
there. I said you're going to be like
55:37
the president of the company someday, OK, I said.
55:40
And when we and then when you are, I said I would joked around
55:43
with her. I said I want to cut your grass.
55:44
And she laughed and laughed and laughed and you know what?
55:48
Now she is the president of the company, not Miles
55:51
Manufacturing, but of the top BIG4 accounting firm that we
55:55
work for. And she and I and good for her
55:58
'cause she was just an awesome person.
56:00
The good things happen. I'm I'm connected to some high
56:02
level people, although I haven't talked to her in 30 years.
56:05
I bet she'd take my call though. Anyway, Germany.
56:08
Elkhart Couda, Malaysia, Oklahoma, Seoul, Korea Stuart,
56:14
FL, Estegada, Oregon, England, Wisconsin.
56:18
We're going there soon. Powell, TN Sioux Falls.
56:21
Wow, guys, this is awesome. You're everywhere.
56:24
Prison. OK, Well, I hope you get out and
56:28
you and and you find a good path where you don't have to go back.
56:31
Mount Dora, FL, Lake Worth, FL depending on your age.
56:37
OK, All right. Hot Springs Village, AR Susie
56:40
and I went to Hot Springs, AR a few years back.
56:42
Western Colorado, Long Island, New York.
56:45
Wow, guys. Manchester, UK, Michigan,
56:48
Wisconsin, Annapolis, MD. Thanks, Evan.
56:51
You rock too. North Pole, AK Norman.
56:53
OK Morning, Italy, Toronto. They cancelled your.
56:58
Insurance because of the basement that could very well.
57:03
Be no joke man. Oh boy.
57:06
Oh yeah. Too many teddy bears.
57:07
Silver and gold are climbing the wall of wordy Ottawa, IL Cool.
57:12
Annapolis, MD, Texas, Toronto, SD.
57:15
I went to Toronto back in. OK thank you guys.
57:18
I'm going to have to stop Wassauga Beach, Arizona.
57:22
Stop reading these Toronto if you've never been to Toronto.
57:25
I had to go to Toronto last October and then went up into
57:28
northern Quebec to visit a gold mine.
57:32
No offense to people in Toronto. OK, no offense, but I thought, I
57:36
didn't think, I didn't know how big Toronto was.
57:38
I got off the airplane and got on this train to go from the
57:41
airport to the downtown. I thought I was in Star Wars or
57:44
something. I never seen so many 4050 story
57:48
buildings in my life. I got a neighbor who's in the
57:51
elevator business. I was at the swimming pool.
57:54
And he does ask. And I was telling the other day
57:55
I'm like, he's like, oh, yeah, I've worked with people from
57:57
Toronto. He's like, this guy's like the
57:59
elevator guru. He's like, Toronto's known for
58:01
having, like, the most elevators something or another.
58:04
I mean, you said it's crazy. So.
58:08
Uh oh. Susie's calling.
58:09
Hold on, Susie. Hey, how?
58:13
Are. You.
58:14
I'm good. I'm on the live stream.
58:15
You're on the live stream right now.
58:17
Oh, I thought you. We're done.
58:18
I'm so. Sorry, no.
58:19
You want to say hi to everybody? Sure, I'll.
58:23
Say hi. Go ahead.
58:24
Hi everybody, sorry I wasn't on the live stream today.
58:28
I'm at my mom's. That's silver, Susie.
58:32
Everybody all right? I'll call you back in like 3
58:34
minutes, OK? OK.
58:36
Bye. I love.
58:37
I love you. See you, Susie.
58:39
Bye. Bye.
58:40
OK, That's Silver Susie. She goes to take care of her
58:44
mother who's in her 90s. Who needs 24 hour care.
58:47
Leaves me here to take care of to be a single dad.
58:50
It's interesting. Anyway, guys, have a great day.
58:52
I'm sorry I got a little off track today.
58:55
We love you guys. Everybody says hi, Susie.
58:57
Yeah. Tell you, I'm tearing up
58:58
thinking about Susie. I am the I We've been married 19
59:03
years. Wow.
59:05
You know, 19 years. And let me tell you something.
59:09
Nobody's perfect, right? But I can be a very difficult
59:13
person to live with. I've made a lot of improvements
59:17
over the years and Susie's a very special person.
59:21
So anyway, love you. I love you guys, right.
59:24
I mean, come on. We're the basement dwellers.
59:26
I really appreciate you. I appreciate you coming here.
59:29
Please support the channel sponsors.
59:31
Right? I got this right.
59:32
Now. Hold on, Pin backs.
59:35
I've almost got it down. Pin.
59:37
Backs. Pin backs, they check all the
59:41
boxes, I really do. I wouldn't, I wouldn't take a
59:44
sponsorship from a company unless I believed in them.
59:47
And I'll tell you, the guys at Pembax are high quality.
59:50
I have never. All I get are great reviews from
59:54
you guys and it's all I guess August is a year and we are
59:57
going to do a giveaway at the end of August.
1:00:00
Pembax is going to give us some silver.
1:00:04
So we're going to do a giveaway, but I wouldn't, I wouldn't take
1:00:08
them as a sponsor unless I believed in the company 100% and
1:00:11
believed that they were value. And the guys there are high
1:00:15
quality, the brothers that own and run the company.
1:00:18
I own first mining gold stock. I own Fortuna mining stock.
1:00:23
Look, I'm not ever given financial advice, but I don't
1:00:26
take a sponsorship from a company unless I'm eating my own
1:00:29
cooking. So enjoy your cooking, hope you
1:00:32
get some good some good BBQ this weekend.
1:00:35
Thanks for being here and I'll see you soon.
1:00:37
Bye bye.