Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **SILVER** 1980's $50 Silver Price Will be SMASHED... (Consider THIS)

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**SILVER** 1980's $50 Silver Price Will be SMASHED... (Consider THIS) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:04
Silver Squeeze a run on silver. Could it happen again?
0:09
Hey, look, in 1980, we hit $50 per oz in silver.
0:14
In today's dollars, when you adjust for inflation, that's
0:18
well over $160 per oz. You're going to be shocked at
0:23
what you learned today as a silver and gold investor.
0:26
We have a lot to cover, but we're going to start by
0:30
comparing today's environment to what we had in 1980 when we did
0:35
have that $50 silver price. Are things in worse shape now
0:40
Have have have conditions escalated throughout the world
0:44
that could lead to an even more extreme silver price move?
0:49
Today we're pleased to be joined by Ted from Ted Speaks.
0:53
And I'll ask you, Ted, what do you think is the world and let's
0:57
focus in on the United States at first year?
0:59
Are we in a more precarious predicament now as compared to
1:03
1980, the last time silver hit $50 per oz?
1:08
Well, absolutely. We didn't have the levels of
1:09
debt that we had back in 1980 that we currently have.
1:13
That's why this TARP program that we pulled out in order to
1:17
save us in 2008 is not even possible.
1:19
So in 1980, the reason why we were able to overcome that and
1:22
get it out of it because Paul Volcker increased the increased
1:26
the federal discount rate, the prime rate of interest to a
1:29
1718%. And So what he basically did was
1:32
he saved the dollar by increasing the interest rates.
1:35
OK, if he dropped the, if he dropped the interest rate, he'd
1:38
ruined the dollar, OK. But at that particular time, we
1:41
didn't have that type of of debt on us.
1:44
So the mining yields have not kept pace with the, with the
1:49
actual consumption. So we're utilizing what's called
1:53
a scrap silver and other resources of silver that aren't
1:58
in fact coming out of the ground.
2:00
So what we have coming out of the ground right now is around
2:02
7:00 to 1:00, but we're finding out that the mining ratios are
2:06
out of whack. I have a chart around here
2:07
showing me what the mining ratios are for each different
2:11
country and we're going to find out that the number one country
2:13
with the mining ratios right now is going to be Mexico.
2:16
Mexico is the number one exporter of a silver, so the
2:21
second The second one though is is the bottom.
2:25
I'm trying to find my chart here.
2:28
Anyway, these are the names of the different currencies around
2:31
the world. OK, it all have a derivation
2:33
back to the word meaning silver, so we need to get back to what
2:38
the number one the constitution says and we also need to get
2:41
back to what the clear meaning of money is.
2:44
OK. So we've been over that, but
2:46
these are very, very exciting times right now.
2:48
And I'd like to welcome everybody to the Ides of March,
2:51
March 15th, who remembers anything about the Ides of
2:53
March. So anyway, let's continue to
2:57
move forward. Here Ted I want to I want to
2:59
touch on this Is is we're talking about 1981 hundred and
3:02
$60.00 plus I've heard as high as $187.00 per oz measured in
3:07
today's inflation adjusted dollars.
3:10
I I just want to I want to focus in because we we think that
3:13
seems incredible that that and measured in U.S. dollars paper
3:17
money that silver could get that high.
3:21
But if we look at what's going on, you know what, I'm going to
3:24
pull up one of your favorite things here, Ted.
3:26
And just looking at the debt levels alone, you know based on
3:29
my understanding back in 1970s, nineteen 80, we had a debt to
3:34
GDP ratio somewhere around 30%, whereas today we're looking more
3:40
like over. 100%, That's right. All we have to do is go to the
3:44
US debt clock. Why don't we drive that point
3:46
home? Because what I want to make sure
3:48
is. Ted, look at your screen and I
3:52
wanna. I'm gonna pull up the debt.
3:54
Clock. OK, You do it, then you do it.
3:55
You pull it up. That's great.
3:57
Yeah. You do you see the do you see
3:59
the US debt clock on the that's what the viewers are seeing
4:02
right now. Absolutely.
4:03
OK, so if you go down to the bottom, you gotta get all the
4:06
way down to the bottom here, Ron.
4:08
OK. There you go.
4:09
There you go. There you go.
4:09
OK, let me show you something here, folks.
4:12
See the on the right hand side? You see the red tab all the way
4:15
down to the bottom? It starts with 213 trillion, 712
4:18
billion, 600 and some million thousand.
4:21
OK, you you got hundreds, thousands, millions, billions,
4:24
trillions. OK, got 213 trillion US unfunded
4:28
liabilities. OK, you with me.
4:30
Yes. OK.
4:32
If we have look over to the right to the left side, See the
4:35
one 88188 trillion, 115 billion right there?
4:40
OK, now folks, if you owed $213,000, OK, but you only had
4:46
$188,000 to your name. Are you solvent or are you are
4:50
you bankrupt? Illiquid.
4:52
You're illiquid. You're bankrupt.
4:54
That's right. So let's go a little bit further
4:56
here. How they keeping the charade
4:57
alive? All right.
4:58
So in order to keep the price of silver down, what I'd like you
5:00
to see is go up to on the right hand side, go up from the
5:04
bottom, see the paper to silver ratio in the in that beautiful
5:08
silver color there, take your that, go down a little bit.
5:11
Furthermore, right there, right there, circle that real big so
5:15
people can see this. The way that they're keeping a
5:17
lid on the price of silver is they're selling what are called
5:20
naked paper shorts because you don't have actual possession of
5:24
the silver. They're selling 393 paper
5:28
certificates of it. For those of you that have your
5:31
quote, UN quote money or bars or whatever in a vault, can they be
5:35
doing the same things there? How do you know that the same
5:38
people don't own the same bar? Maybe you were sent a picture of
5:41
the bars that you bought or the coins or whatever else, but
5:44
because you don't have them in your own possession and because
5:46
there's no counterparty risk, how many of those those bars,
5:50
how many of those coins that you actually own, how many people
5:52
own them at the same time? The fact is, there's a law that
5:56
says that possession is 9/10 of the law.
6:00
So they got 90% of the game, one in their favor because they have
6:03
your money in their vault. OK, now all that money has no
6:07
counterparty existed to it. They're holding it in its pure
6:10
form. Can they then use that value of
6:13
all those metals and everything and all the precious metals in
6:15
the vault to collateralize a loan?
6:18
Absolutely, If I can figure it out as a non crook.
6:21
Do you think the crooks can Absolutely.
6:23
Have we heard of this happening before?
6:25
Absolutely. We heard it happening in Europe
6:27
and there was one other one in in Delaware.
6:29
The people came back and a whole vault was completely cleaned
6:32
out. So what I'm showing you here is
6:35
that the paper Naked paper shorts is selling something
6:38
against nothing that exists. That's like you're trying
6:41
selling a car online but with no VIN number.
6:44
And you're never going to deliver the car because you're
6:46
never going to deliver the silver here.
6:47
How many times can you sell the same car over and over and over
6:50
again if you don't have a VIN number?
6:52
An infinite number of times? Well, they're admitting to 393.
6:56
OK, so one person out of 393 will wind up getting their
7:00
silver silver again. Is money OK?
7:04
But again, but but Ted that's that's that's on the on the
7:09
exchanges like the COMEX and the LBMAI.
7:12
Want to point out that that you know there's a lot of good
7:15
quality reputable vaulting companies throughout the United
7:20
States that that allow people to hold their metals in a
7:24
segregated manner. Some of which and I'm not an
7:27
expert in the field, I would talk to the people that are, but
7:30
some of which allow people to actually go and see them and
7:33
they're held in a in a very segregated manner.
7:37
Of course a purist who believes that if you don't, you know, if
7:40
you don't have that silver or gold in your hand and that's all
7:44
they believe in is that you absolutely need to have it in
7:48
your possession. But I don't keep all of my
7:51
silver at my house. You know, I, I, I I don't feel
7:55
comfortable doing that. And you know, so I want to point
7:59
out the difference there. There are some definitely, you
8:02
know, IRA companies that are legitimate and very legitimate,
8:07
reliable, trustworthy vaulting companies out there.
8:10
Certainly there, there's a need. To be that there's what's called
8:15
an SRO or self regulatory authority or organization.
8:19
If no one is from the outside is going to regulate this, then we
8:22
need to regulate it from the inside.
8:24
OK, and I'm not saying that all vaults are bad, but the problem
8:28
is if your vault happens to be the bad one, you're the one
8:30
that's in trouble. Additionally, some of these
8:33
things that are being sold are there are bars.
8:35
People told me they're being sold bars.
8:38
Well, there's many different types of bars.
8:40
There's Dory bars, bullion bars, good delivery bars, cast bars,
8:44
minted bars, combi bars, and I have a definition down of each
8:47
type. OK.
8:49
So if you want to get this receipt, this report, excuse me,
8:52
we have it available. OK, Well, that's a good delivery
8:56
bar, cast bars, many different types of bars that you can own.
9:00
OK. Are all bars money?
9:02
Are any bars money or is money considered the coin of the realm
9:06
issued and struck by the country that you that you're living in,
9:08
or actually the sovereign country that we're talking
9:10
about? OK.
9:13
So at any rate, what I wanted to go over is the mining outputs
9:16
that we talked about because we're gonna find out that in
9:19
1970, OK, in 1970, an ounce of silver was selling for $1.87.
9:26
OK, Right now the ounce of silver is selling for 2536.
9:31
All right, now back in 1970, gold was selling for 3540 is
9:37
currently selling for 21121. Seventy.
9:40
So why don't we figure out what the multiplier is between each
9:43
of these numbers? The multiplier to get from 3540
9:47
to 2170. OK, is is a multiplier then that
9:52
we would use against the silver. All right, so we would take
9:56
Can't find my phone here. I had all this work down here.
10:00
Let's see here wrong order. And I want to, I want to give
10:04
everybody a little sneak preview as well and a little bit here
10:08
Ted is going to do show and tell with you and show you visually
10:13
how we we do know one thing for sure when it comes to silver and
10:17
gold over thousands of years, hundreds of years that the banks
10:22
have have stolen work and you could even say to a certain
10:27
degree silver from the people, right, these large banking
10:30
institutions. So I want to give you guys a
10:31
little a little heads up that in a few minutes here Ted has some
10:36
very good visual to to to to demonstrate to you how that's
10:40
been the case. Yes, I absolutely do.
10:44
And what I was trying to show you here is that based upon
10:48
these, see if I had that vibe board, I could be doing it up on
10:52
the vibe board for you. What that allows me to do is do
10:54
the math. OK.
10:55
So what I did was the multiplier to get from gold from $35 OK to
11:03
2170. The multiplier for that is
11:05
62.29. OK.
11:08
So we take the multiplier 62.29 and we multiply that against the
11:12
price for silver back then. Then we would see the same
11:15
appreciation for silver and gold.
11:17
OK, and if we did that, that puts silver at $114.00 per oz.
11:21
But I would maintain that the uses for silver have become far
11:25
greater than the uses for gold. So the demand for silver has
11:28
outpaced the demand for gold. But if you were going to
11:31
consider the demand for gold and demand for silver, we're going
11:34
to stay the same and you're going to apply the same
11:36
multiplier against gold to get it of in 1970 to get it to 2170.
11:42
That multiplier would be 62.29. If you take the 62.29 takes the
11:47
one against this current, the price of silver back in 1970
11:51
gives you a current price of silver of $114.62 per oz.
11:56
Now if you were to stick with Eagles, OK, or constitutional
11:59
silver and you take that back to the place you bought it or
12:02
wherever else and you want to get script for it or whatever,
12:04
other than the currency, because it is currency and money of our
12:08
country, There is no, there's no tax reporting.
12:11
So if you take these in and you get paper back, it's much like
12:14
taking in four quarters and getting the gazillion dollars
12:17
back, OK. As long as they are exchanging
12:20
United States specie for United States specie, there is no taxes
12:25
as long as it is Eagles and junk, OK.
12:28
Does that make sense to everybody?
12:30
Yeah, yeah, that does make sense.
12:32
And I want to throw in Ted. I did a little digging last
12:35
night myself, and when it comes to I, I compared because I was
12:39
looking at this 1980 $50 silver price, which again is equal to
12:44
$160 today. And I was interested to find out
12:48
according to my research and according to the Silver
12:50
Institute, that in 1980 when it came to industrial demand.
12:55
Because I wondered, I was like, I wonder how much how many
12:58
millions of Oz of silver were used in industry in 1980.
13:03
Because we know that's like a major, massive source of demand
13:08
for silver today, right? Solar panels, electric cars,
13:11
electronics, the list goes on and on.
13:13
And I was interested to find out that in 19 eighty 362,000,000
13:20
ounces of silver were consumed by industry and I believe today.
13:26
80 wow. 1983 hundred and six was higher than I thought but
13:30
remember it was probably being used in film a lot back then and
13:34
and other. But it's almost from what I
13:37
understand right now about 660% of the world's silver production
13:42
is being consumed by industry and I think it's around.
13:46
So that would be roughly 600 million oz.
13:49
So demand from industry for silver has increased
13:53
significantly and and is projected to continue to
13:56
increase. We hear these wild numbers
13:58
about, you know, by, by Can we? Do a quick can we do a quick
14:03
segue over to this is we're going to talk about this, OK.
14:07
And what I did was went on and did some research, OK, We need
14:11
that vibe board, folks. If anybody wants to figure out a
14:15
way to get that in our office, donate it or whatever else, I'd
14:17
appreciate it. But anyway, here are the top 20
14:20
producing countries, OK, and the amount that they've produced
14:24
from 2021 to 2022. But the important thing is look
14:28
at their annual increase in production or decrease in
14:32
production, OK. Look at this.
14:35
Look at this. We're talking about mining
14:38
companies. OK, which ones are doing really
14:40
well? I didn't make this stuff up.
14:41
It's already OK. Look at this.
14:44
Look at the mining companies and look at the negatives.
14:47
Look at this one up here. What is it?
14:48
Glencore, My Lord. The down 25%, do you see the
14:53
impending price crisis here? So we can have a mismatch with
14:57
the mining ratio compared to the pricing ratio?
15:00
The mining ratio is 7.1 to one. The pricing ratio is 88 to one.
15:06
OK, we know that they want us out of silver completely.
15:10
And if you're smart enough to get any precious metals, they
15:13
prefer you go to gold because not manipulated as much.
15:16
OK. But if you're smart, you want to
15:18
play the game that they're trying to rig against you.
15:21
You need to play the game the way that they're playing it,
15:23
maximize it. That is what they're doing,
15:25
right? How much more debt can they take
15:26
on? But what are they doing right
15:28
now? They moved up gold to a Tier 3
15:30
from Tier 1 to a Tier 3 asset, which means it counts as counts
15:35
as cash. Yeah, Well, that's what's.
15:37
Up, I think you. I think you accidentally
15:39
misspoke. It moved from Tier 3 all the way
15:43
up to tier one, right? That's OK.
15:45
That's, you know, six or one half, doesn't it?
15:47
But the point? The point is.
15:50
Well, but the point is that that Ted made is, is that why did the
15:55
world's banking authorities find it necessary And it's very
16:00
interesting and I think it speaks volumes about precious
16:03
metals to move gold all the way up to being basically as
16:07
valuable or being as as potent on balance sheets of banks as
16:13
cash and. I would argue that I think the
16:15
real gold on the balance sheet is worth more than the cash is
16:18
trash. What I've done, what I've done,
16:22
folks, look, some of you are having a hard time understanding
16:26
what actually is going on because of normalcy bias.
16:28
So what I've done is I'm going to show you my entire global
16:33
collection of defunct currencies.
16:35
OK. And what I'd like you to think
16:37
about is you being one of these people that are holding your
16:41
wealth in terms of these dollars or these units.
16:43
OK, but look at this. I'm going to walk around.
16:45
We don't have the technology figured out to do it a better
16:48
way. OK, So I need my.
16:50
Ted, I have an idea for you. I think you need to get a drone
16:53
with a camera on it. That might or but it might blow
16:56
all the money away. OK.
16:58
Can you see these? Can you see these?
17:01
Yep, Yep, Yep, you're they see everything.
17:03
Right here. That is a picture of Nathan
17:06
Rothschild. What a pompous son of a gun.
17:10
All right, so look at this. A $10 million mark they did.
17:14
They couldn't even cut it out with a with a what is it called?
17:17
Some kind of a guillotine cutter.
17:19
They cut it with a pair of scissors and he ran out of inks
17:21
and didn't print it on the bank. But you exchanged your hard work
17:24
for and labor for that. Is this a good angle still?
17:26
Yep. All right, so each one of these
17:30
people and each one of these banks, they got people like you
17:33
in front of them and said, hey, your real money is too heavy to
17:37
carry, you must give it to us and we'll issue you paper
17:41
dollars, paper currency for it, right?
17:44
Take that instead. Oh, fine.
17:47
Then I'm going to talk to you about what they did next.
17:49
So now they got you divorced completely from your money, just
17:52
like they do in the casinos. OK, Isn't that the first thing
17:55
they do? They take the, the, the chips
17:59
and they give you that and then in exchange for the for the
18:02
currency notes that they put down on the on the roulette
18:04
table wheel, right. They lay it down flat and they
18:07
shove this thing down there and they separate you from your
18:09
money. This isn't the first time
18:11
they've done it. I just showed you 89 times they
18:14
did it before. Oh, can we connect the dots
18:18
here? Now look, we are looking at a
18:20
great, a fairly lengthy period of time.
18:23
But why did I come out of retirement, spend my own money
18:26
to get this thing going on March 1st?
18:29
If I didn't think and did this for 27 years, studied economics
18:32
for 11 1/2 years, that the time was nigh?
18:36
Folks, if you got the paper before I collected for zeros
18:39
given to me, why don't you exchange it for money?
18:43
So what is money? It's silver and gold, right?
18:45
What does the Bible say is real silver?
18:47
What did what did Judas get paid with 30 pieces of silver, right.
18:52
Silver's been around for three since 3000 BC and we got taken
18:57
off the silver state in 1871. So if you take the 3000 in the
19:01
1871, you're looking at over almost 5000 years of history of
19:06
silver being money. How long has paper been money?
19:11
Not very long. How long does it last?
19:14
Why do I have it? Who had the silver that got
19:17
exchanged for those notes that I have and what did I pay for
19:20
them? What are they worth?
19:21
Now? At some point in time, people
19:24
exchange their labor for that paper and that paper they
19:27
carried around the back pocket. You can see very nicely how it
19:29
was all folded up. And that paper used to be able
19:33
to buy them the few that they needed for that day for the
19:35
family. So here's one here.
19:37
Look at this one. Look how nicely this folds
19:40
together. That was kept in somebody's back
19:42
pocket, right? Hey Ted.
19:45
I'm. Sorry Ted, I I have a so, so, so
19:48
I think it's important for our viewer who's joining us.
19:51
And by the way, thank you to everyone who's here this morning
19:53
joining us, Ted and I. But I think it's important for
19:57
us to remember, just take a step back and think about what you
20:01
just showed us, a table full of what, 87, I think you said
20:06
different paper, pieces of paper that represented.
20:11
The reality is that represented somebody's work, somebody.
20:15
'S purchasing power. Somebody's purchasing power.
20:18
Yes. Somebody exchanged in in silver
20:21
and gold were were you I want I want everybody to imagine and
20:25
maybe next time you can do this a pile of of silver on that
20:30
table as well and and people exchanged their silver or their
20:35
work right, for a piece of paper which is really nothing more
20:39
than a promise. Right.
20:41
A promissory note. Right.
20:42
Like, oh, this is unless. Unless.
20:44
Unless this given country was on a silver or gold standard at the
20:47
time. Then how many promises have been
20:50
broken? Right.
20:51
But even if they weren't, Yeah, but, but even.
20:53
Work consistently throughout history.
20:56
I mean we we just did a skit. A friend of mine is is carrying
21:00
up a monster box and 1000 face of junk.
21:02
OK. And he had to carry it all the
21:04
way up the sidewalk because I wouldn't And huffing and puffing
21:06
and we're going to have this out pretty soon And he knocks on the
21:09
door and I'm the bank and taking the hey, come on in have a now
21:12
we give him some beer. No actually we gave him bourbon.
21:15
They won't liquored up. Before he signed all the
21:17
documents and then transferred his silver over to me the bank
21:20
and then I gave him the currency for it.
21:21
Right. Then I said hey, we got some
21:23
stock here too. Why don't you buy some stock?
21:25
So before he left he met left with a very small wad of of
21:28
cash. But he did leave with a whole
21:31
bag full of of stuff that I think it's right here.
21:35
Yeah, look at this. Maybe you gave him a couple of
21:38
tickets to a baseball game, smiled, said Thank you.
21:41
Right. George Bush is recorded as
21:44
having said. If the people were to ever find
21:46
out what we have done, we'd be chased down in the streets and
21:48
lynched. You don't know on your stock
21:50
certificates, folks. I'm telling you, entire entire
21:53
industry is going to vanish when the truth comes out because if
21:56
you don't have AQ SIP number on your stock certificate, you
21:59
don't own the stock certificate. It's that simple.
22:01
Many people do. So what is AQ SIP numbers you
22:04
spoke once before? Well, hey, Ted, I want to go
22:06
back, Ted, I want to go back to the currency example that you
22:10
were showing. Because I want to, I want to
22:12
finish my thought and finish what I think is a really big
22:15
message to our viewer that that when you look at that table full
22:18
of paper currencies and you and you and you and you consider the
22:23
fact that that that represents work.
22:27
Somebody, somebody earned at some point in history over the
22:31
last probably 2000 years, 500 years, however old all those
22:35
are, somebody worked to earn that paper.
22:38
That was a promise that was made to them.
22:40
You know, they work for it. Or they traded in maybe silver,
22:43
maybe gold, whatever. And maybe one or two of those
22:46
currencies was backed, right, by a country that was on the silver
22:50
or gold standard. But at the end of the day, no
22:53
matter how you slice it or to dice it, all of those paper
22:56
currencies are worthless, right? They may have a little bit of a
23:00
collector of value, but they've but they've all lost their
23:03
value. OK.
23:06
Yeah, yeah. So where did that value go?
23:09
Did it simply disappear? I mean, does any simply
23:12
disappear or energy moves around from one place to the next?
23:16
If you study laws of physics, energy is neither created nor
23:19
destroyed. It's here.
23:20
So if they were exchanged for energy, who has the energy?
23:24
Who has the purchasing power? Who has the money?
23:26
That's the point, folks. The other point is, is that the
23:29
Federal Reserve is the one doing it to you right now.
23:32
However, I just showed you 89 other countries that did it, and
23:36
if you go to thebis.org I will show you 217 individual
23:42
countries that do that. Yeah.
23:44
And I want to point out, I want to point out something else
23:46
about your final thought on your table full of money throughout
23:50
all those different 89 currencies that all became
23:54
eventually worthless. You're defunct.
23:57
You're if if you had a a little pile with two ounces of gold and
24:01
A and a little pile with 100 ounces of silver throughout that
24:05
entire time period, silver and gold did maintain their value.
24:09
I mean you can, you can argue, you know, Keynesian versus
24:14
Austrian economics all you want. You can argue, you know, banking
24:17
and and the benefits of the Fiat money, OK, whatever.
24:21
You can argue whatever you want. But to me that's definitive
24:24
proof that silver and gold hold their value.
24:28
And to think to be naive and to think that that won't continue.
24:32
I think it would be naive to think that that won't continue
24:35
into the future. The paper printed or electronic
24:40
right. You could have put some
24:40
electronic money on that table as well that they all they all
24:44
have at least till now. But we don't know.
24:46
Maybe we're in a new era. Maybe things are different but
24:50
it but but it sure seems like to me, I feel more comfortable with
24:54
with precious metals. Can I suggest something here?
24:58
First of all, silver that we're talking about, Constitutional
25:01
silver and American Silver Eagles are money, OK?
25:06
The currency is a representation of the money that's issued by
25:09
the government, OK? And it is in fact currency as
25:13
long as it redeemable back for the money.
25:15
When the currency is no longer redeemable for the money, which
25:19
is the silver, OK, then it becomes Fiat currency.
25:23
So what you're carrying around in a pot in your pocket isn't
25:25
redeemable for anything as far as money is concerned.
25:28
The only thing it is, it represents a debt instrument.
25:31
So somebody owes you something for that.
25:34
If you're heck holding the silver, nobody owes you
25:35
anything. It is in fact of itself,
25:38
immutable wealth. OK, so And then once they they
25:41
corrupt the printed currency to such a degree that they can't
25:44
print it fast enough, then they go to what's called digital Fiat
25:47
currency. And that's what you're seeing as
25:49
far as images on your computer screen.
25:52
But those images do not represent shock stock
25:55
certificates. They represent an image of a of
25:59
a of fake ownership. Because without the stock
26:02
certificate, Q SIP number, like a car without a VIN number, you
26:06
don't own it. Now I guarantee you, somebody,
26:08
somebody does own it, OK, Somebody owns everything that's
26:12
out there. OK, So if you don't hold it, you
26:17
don't own it. But don't worry, somebody else
26:19
does. OK, So again, Bush is the one
26:24
that I think helped urge this along.
26:27
That's Bush Senior by taking what was ours away from us.
26:31
And I told you during each broadcast, I'm gonna give you a
26:33
little nugget. What it suggests you do is take
26:36
a look at your deed and see if the word word LAND appears
26:39
anywhere in your deed. You tell me next time we talk.
26:42
So anyway. And I wanna, I wanna point out,
26:44
Ted, that the what you're talking about with the stocks
26:47
that's there's this theory out there.
26:49
I'll, I'll encourage people to read about it for themselves.
26:53
The the great taking, which got a lot of even kind of
26:57
mainstreamish coverage as of late.
27:01
But it's a it's a theory and it's an idea.
27:05
And the gentleman who wrote it up apparently has, you know, is
27:08
credentialed and and worked as a a big wealth manager, maybe
27:12
hedge fund manager. I forget the specifics but it's
27:16
something that people can read for themselves and make up their
27:18
own mind. There's different theories on
27:20
this on this whole subject of what we own, what we don't know.
27:24
And I think at the end of the day, we can say that stock
27:27
certificates are paper. I'll go back.
27:31
I'll go back. And I and I own stock, and I own
27:33
stock personally in a brokerage account, right.
27:36
So I'm, I'm exposing myself, if this theory is indeed factual.
27:43
I'm not saying it is or it isn't.
27:44
I'm going to encourage people to read about it themselves.
27:47
And. Yeah.
27:49
And and decide for themselves but you know I I do own stock
27:52
that's in a brokerage account Fidelity but you know Vanguard
27:55
stuff like that. So it's a it's an interest, very
27:58
interesting concept and I think something people can dig into
28:02
for themselves and and decide for themselves.
28:07
So let's see. We talked a little bit about
28:10
vaults. They're European vaults.
28:11
There's one. One, OK, We talked about, oh,
28:16
you guys own stocks, right? OK.
28:19
How many different stocks are out there and what type of stock
28:21
do you own? First of all, did you know that
28:23
there's preferred stock, there's common stock, there's class AB
28:26
and C stock? How many tickers is your stock
28:29
traded on? Take some notes folks.
28:32
I'd suggest you call your broker and ask these questions is your
28:36
do you own small cap stocks and ask them to define what a small
28:39
cap stock is. But here's the answer to the
28:41
question here right now. A small cap stock is a stock
28:44
that's trades as a capitalization for under 2
28:47
billion. Large cap is 10 billion plus
28:51
midcap is 2 billion to 10 billion.
28:53
So they have growth stocks, value stocks, international
28:56
stocks, blue chip stocks, income stocks.
28:58
Which one's right for you? So if capital appreciation is
29:04
needed at 7.1%, which is the actual rate of inflation.
29:08
But in order to even try getting close to that, you need to put
29:11
your money at risk. I think we need to take a look
29:13
at the cost benefit analysis. So if you put your money in the
29:16
market and you were to lose 20% of $1,000,000, OK, that leaves
29:20
you with $800,000. What most people don't
29:23
understand though is that you need to return the following
29:26
year of 25% after incurring a 20% loss the previous year.
29:31
So it took one year to go down 20%.
29:35
Assuming it takes another year to get lucky and come back 25%
29:38
in the second year. We have that nasty thing called
29:41
inflation, which is an increase in the money supply.
29:43
Keeps going on, OK, of 7.1 the first year, 7.1 the second year.
29:47
So without any compounding, you're looking at 14.2% loss and
29:51
purchasing power. You take that away from the
29:54
$800,000 balance you're left with after having losing the the
29:58
20% that leaves you with a number less than that, right?
30:01
And then we take out the distribution that you need in
30:04
order to be able to live on say $60,000 a year plus the 70,000
30:08
lost purchasing power in in inflation, that's $130,000 loss
30:12
against the $800,000 balance that's lost at the 20% loss.
30:17
So you need a lot more than 25% simply to get up to where you
30:21
were, especially when you're talking about purchasing power.
30:24
But folks, what I want you to understand is there is always an
30:27
asset out there that is performing exactly as it needs
30:30
to. You just need to find it.
30:33
In this particular case, the asset that is underperforming is
30:36
intentionally underperforming. OK, it's like a rocket ship
30:40
building up and building up all this pressure of the liquid
30:42
nitrogen, whatever they used to make the Rockets going.
30:45
But as you see that rocket on the launch ship on launchpad,
30:48
that rocket is taking in as much of that liquid nitrogen right up
30:52
to the time that the at the lines blow off.
30:55
When the lines blow off, that's when the rocket ship takes off,
30:58
right? I'm telling you where we are
31:00
right now, as the steam is coming off the side of the
31:02
rocket ship. We're at T minus.
31:05
Whatever. We're daggone close.
31:07
We're at the Ides of March today.
31:09
The banks are in big trouble. All we need is one more bank and
31:12
the whole thing goes down like a domino.
31:14
There's not very much left in what's called the Deposit
31:17
Insurance Fund offered by the FDIC.
31:20
What I'd suggest you do is get your money in front of you.
31:23
So we have talked to Pimbex and Pimbex has a large supply right
31:26
now of of junk silver and they're willing to sell that bag
31:32
and thousand 1000 face bag mounts for $19,720.
31:37
That will give you 10,000 Dimes Now 10,000 Dimes at $19.00 and
31:42
$19,700 at $80.00 per bag each. So equals $1.78 per month per
31:50
bime. OK dollar 78 per dime.
31:52
So if there's 14 Dimes, OK, per oz times $1.98, you're looking
31:58
at 2772 per ounce of constitutional silver.
32:03
That's pure, one ounce of pure silver, which equates to at 500
32:08
per monster box 13,860. What I'm telling you right now,
32:12
you're not going to get a monster box for 1813 thousand
32:14
860. So the deal of the day as far as
32:17
I'm concerned is to reach out to PIM Beck's.
32:20
I don't know their number. I think you do, Ron.
32:22
And I and I want to and I want to throw something in, Ted, as
32:25
you're, as you're speaking about that prices are subject to
32:28
change. People, you know, when you wrote
32:31
that down. As a matter of fact, I want to
32:33
point out, I think Silver's doing very well this morning.
32:36
But prices and supplies are subject to change.
32:40
And let's let me, let me run out.
32:43
I'm going to go out to Pimbex's site just to take a look.
32:46
Yeah, Silver's up $0.38 an ounce.
32:48
This morning so. Silver's Silver's doing pretty
32:51
good and Gold is down $2.56. I do want to say thank you to
32:57
Pinbex for sponsoring Ron's Basement, this live stream.
33:01
The channel's not possible without the support of our
33:04
sponsors. This is Pinbex's website.
33:07
I just happened to be on their Canadian Maple Leaf page I was
33:12
looking at earlier. Now we.
33:14
Throw an order over there for two monster boxes and I got to
33:17
tell you, they came to the client, they came to the
33:20
customer perfectly wrapped. Everybody was happy, so they
33:25
passed from us. I will tell you I worked with
33:28
Pembex as a customer before they sponsored the channel.
33:32
I think I'd made two or three purchases.
33:35
When you get a package from PEMBX, I'd like to say you may
33:38
need a. You're going to need a razor
33:39
knife, a scissors, and I I'll. Tell you.
33:43
I'll joke around, possibly a blowtorch, but you really don't
33:46
need a blowtorch. But their packages are packed,
33:49
double packed, triple packed, and and you know you're getting
33:53
something special, but you're also getting great prices from
33:56
Pinbex as well, I found. Again, you need to find out.
34:00
Find this for yourself. If you think that it's a good
34:02
idea to buy silver, gold, platinum, Palladium, whatever,
34:07
whatever the case may be in your shopping around for metals,
34:13
throw pembecks into the mix. I, I, you know, think that
34:16
you'll find what I found, but you need to find it out for
34:18
yourself. You'll get great prices, great
34:21
service and great selection. Ted, let's get back to talking
34:26
about this comparison of the 1981 hundred and $60.00 plus
34:31
silver price when when measured in inflation adjusted dollars.
34:36
Today, I think there's some other big changes that have
34:39
occurred in the world that could lead to a potential, right, a
34:44
potential for some, for some serious fast movement in the
34:49
silver price, one of which is communications.
34:53
You know, when we look back at the 1980s, information spread
34:57
it. You know, sure, we had
34:58
television, we had phones, but overall, information spread much
35:02
more slowly today with social media, with Twitter or X,
35:06
whatever you want to call it, When things start to happen,
35:10
whether it's some type of black swanish type event, when there's
35:14
a crisis, when, when there's a big move in the metals, the the
35:18
information moves instantaneously.
35:21
And I think when you couple that with this idea that people can
35:25
also buy silver, buy gold almost instantaneously, right?
35:30
Back in the 80s, if you wanted to buy some silver, you had to
35:34
hop in your car and drive to your local coin shop.
35:37
And if there was a huge. Divide what you had in.
35:39
Stock and find out what they had in stock today with the
35:42
Internet. I mean you can buy a a monster
35:45
box of Eagles or a or a tube of UK Britannias in the matter of
35:50
three or 4 minutes at at any variety of online bullion
35:55
dealers. Of course my favorite is
35:56
Pendeks, but none the less that's a big difference now
36:00
compared to what we had in the 1980s.
36:02
Do you think that could play into to demand surges that we
36:06
might see in the future? What is certainly going to do is
36:10
cause an accelerated crash when it does happen, But Albert
36:13
Einstein is recorded as having said that he feared that
36:17
technology would get to such a point that the need for actual
36:21
human interaction would cease to exist where humans don't talk to
36:24
one another. And I'm telling you that that
36:27
there's three parts to communication.
36:29
You have what is said, how it's said and the facial expressions
36:32
of how it is said. So just to give you an example,
36:35
I did not say I killed my wife. I didn't.
36:38
I did not say I killed my wife at night.
36:40
And so I did not say I killed my wife.
36:43
So it's what you say, how you say it.
36:44
So if you try to communicate in written language, my goodness,
36:47
just using text, you miss a lot of it.
36:50
And then of course, you, you could have.
36:51
Yeah, I really believe what you're saying.
36:53
You know, see, so you can do facial expression to change the
36:57
whole meaning. So what I'm saying is that we
36:59
need to get back to shaking one another's hands, looking each
37:02
other in the eye and we got to return honesty and
37:05
trustworthiness back to our society.
37:08
These these things that I'm seeing right now, we need to be
37:10
bringing more regulation back in because we let it run and run
37:14
and we couldn't manage ourselves.
37:15
We weren't a self regulatory organization like I came from in
37:19
the security side, the the, the realm that we're in right now,
37:22
you know, we're we're shining a light on it and we're trying to
37:25
help people. We are.
37:26
I mean, the phones are ringing and jeez, you can actually see
37:30
the dent that's been made in the different inventories just from
37:33
a couple of podcasts or broadcasts that we're doing
37:36
right now. But folks, if you don't hold
37:38
what you own, somebody else does.
37:40
And that means that they're holding your labor.
37:42
And I just showed you 89 examples where it works time and
37:46
time and time again. You all are using dollar bills,
37:49
right? So somehow it was a great con
37:52
con game to get you to convince you to give up your silver in
37:55
exchange for the notes. And then it's a great con game
37:58
'cause they're telling you that 371.25 grains of silver equals a
38:02
dollar. Well then why aren't you
38:04
exchanging your dollars that have already run their course
38:07
like the other 89 examples of currency on my table?
38:10
Why don't you go back and get the money and wait for the new
38:12
currency to come out? Because if you have the new
38:14
currency, you can get any currency and add the real money.
38:17
You can get any currency you want.
38:19
So you can't always take the currency of the country and buy
38:21
the money, and you can't always take the currency and exchange
38:24
it for another currency on the face of the planet.
38:27
But you can always take the money and exchange it for
38:29
whatever currency you need. My wife and I, we were in Italy
38:32
in 2003 and we thought we were hot dogs.
38:36
So we walked over there, went over there with a pile of cash,
38:38
and I found all these beautiful ceramic masks.
38:41
So we had people that were watching her girls and you know,
38:43
taking care of the house and running the practice and all
38:46
that stuff while we were gone. So we found this selection of
38:49
these, these beautiful ceramic masks.
38:51
So I negotiated a price and pulled out my stack of US
38:54
currency. He says, oh, we don't take that
38:56
here. Well, the last time I've been
38:58
over in that area of the world was back in 1972, Europe 72 was
39:02
a Boy Scout trip and the dollar was king.
39:05
Well, now, they wouldn't take the the US dollars.
39:07
I said, well, how do you want to be paid in euros?
39:09
That's what we use here. Well, how do where do you want
39:12
me to go to get that? Just going down the street to
39:14
the bank. So that's a counterparty.
39:16
I had to take my currency to the bank.
39:19
The bank charged me a fee to turn it into euros, then after
39:23
the EUR were converted, net, then I used the net proceeds
39:26
then to pay the euro to pay the taxes and pay for the actual
39:30
mass themselves. So what I'm trying to say is
39:33
that when you're holding the money, OK, you don't have to
39:36
deal with the counterparty. There's no switching around.
39:38
If I had actual silver Eagles in my hand or or or junk junk
39:44
silver or whatever, I don't think we would have that much of
39:46
a problem because we're the only country on the face of the
39:48
planet that doesn't recognize metal as being real money.
39:51
If you've been ripped off 789 times, as Mexico has with the
39:55
changing currencies down there, or other currencies, or even if
39:57
you got ripped off once, 'cause you were in, say, Italy during
40:00
the conversion over to the euro and your your liras got
40:04
extinguished, then you went through a currency reset.
40:07
But see, here in the United States, we don't have a
40:09
population that's alive, that has seen the greenback, which
40:12
was done away with before the bill we have currently.
40:15
And I only have one of those things, but that has seen some,
40:18
some real use. Take a look at this puppy.
40:21
This thing has been around since Methuselah.
40:23
I'm sorry, I don't know where this stuff comes from.
40:28
But anyway, I don't know where the bill.
40:30
And I think it's, I think it's important to to realize as well
40:32
one last time as we think about your, your collection of paper
40:36
currencies, all those people that held those currencies, they
40:40
could have held silver in one form or another, right either
40:43
either and and that would have maintained its value today
40:47
Speaking of silver, why? I wouldn't have them.
40:49
I wouldn't have the these if they were holding the money,
40:52
weren't, wouldn't they? I wouldn't have the silver.
40:54
They wouldn't give that up. It's just the funk currencies
40:57
they wrote a con you out of giving the giving your silver up
40:59
for. Yeah, Ted, I need to say thanks
41:01
to my mining company sponsors. I'm going to do that and then
41:05
we're going to focus in on what's going on in silver today.
41:07
I have a very interesting chart I want to pull up and get your
41:11
commentary on as well. But first I want to say thank
41:15
you to our mining company sponsor, First Mining Gold,
41:18
Canadian Gold developer. They have multi million ounce
41:22
deposits in the ground in Canada.
41:25
Look these big mining companies, the new monts and barracks of
41:29
the world, their pipelines are starting to run dry and they're
41:32
going to need to buy big projects in the in the future.
41:36
That could mean good things possibly for companies like
41:39
First Mining Gold. If you want to learn more about
41:41
first Mining gold and the investment opportunity, you can
41:44
actually reach out to a real life human Paul Morris.
41:47
I have a link to his e-mail or his e-mail address in the
41:51
description of this video below. And secondly, we'll say thank
41:55
you to Fortuna Silver. Jorge Ginoza is the CEO who's
42:00
LED that company for almost 20 years now.
42:03
They've grown. They have 5 producing mines
42:05
around the world and their mix of gold, the silver production
42:09
has been skewing more towards gold and they are reaping big
42:13
cash flow as they continue to grow.
42:16
And it'll be fun to watch them as we move into 2024 and beyond.
42:21
You can learn more about them at Fortuna silver.com.
42:25
Ted, you want to talk about the the current silver price and
42:28
what's going on right now? Absolutely.
42:31
Sure. What we're finding is they're
42:32
they're doing everything they can to possibly suppress it.
42:35
But what we're finding is it takes more and more naked paper
42:38
shorts. Let me explain what this is.
42:40
OK, bottom line is these guys were able to create something
42:44
out of nothing, basically an alchemist.
42:46
OK. So around 2:00 or 3:00 in the
42:49
morning what they do is they create these electronic versions
42:53
of silver and they dump them on the market out thermic load.
42:56
Did a research into this and he actually became a a
42:59
whistleblower and he exposed exactly and when they were going
43:03
to remove and and move the price and short the price and and and
43:08
play all their games and he would, he knows all the hand
43:11
signals like this would mean go up go down or whatever these
43:13
fingers or whatever. He exposed all that.
43:16
So the when all this was brought out, guess what kind of activity
43:20
was done as a result of Alastair MacLeod losing his job, putting
43:25
his life in danger to expose how in the world these manipulations
43:28
go on. But what I'm trying to say
43:30
though and what I hope I am saying is taking more and more
43:34
naked paper shorts to get less and less drop in the price and
43:38
the drop in the price lasts for shorter and shorter durations.
43:42
So it's taking more and more to get less and less, same as the
43:45
mining yields that we have going on right now.
43:47
It's taking more and more effort to get less and less silver out
43:49
of the ground. Now you'll find out if you take
43:52
a look at the at the gross gold mining yields and we have a
43:55
chart we're going to be putting up on the Internet, You're going
43:57
to find out that the gold production is increasing and
44:00
dwarfing the the rate of increase in silver.
44:03
But what is it that we need? We need 7.8 billion people to
44:08
have at least 2.5 units of silver in their pocket every day
44:12
so they can end up trade and keep themselves alive and pay
44:15
for the food, pay for their energy, pay for what medical
44:18
care, whatever else that life calls upon them they actually
44:21
pay for. So this needs to be hydrated
44:25
quickly throughout the entire population.
44:27
So we can see that these, the silver will need to be
44:30
fractionalized possibly as low down as what they are right now,
44:33
smallly down to milligrams as they are currently in gold over
44:37
in Qatar. So in other countries in the
44:40
over, in the East, the Far East, they're pricing their silver and
44:43
they're pricing their gold in relative terms and actually
44:46
vending it in vending machines. So you can walk through the
44:48
airport and guitar and exchange your Fiat currency because no
44:52
currency is backed by gold and silver right now.
44:54
They're all issued by the, the central Bank of central banks
44:57
being the bank for international settlements.
44:59
They have a website, you can go there and you can see the every
45:02
bank on the face of the planet. What's going on is they
45:05
represent Keynesian economics. We represent Austrian monetary
45:10
economics. We are winning, OK?
45:13
And we will win. God says that we win.
45:15
And we're going to yank the BIS out of this hydra.
45:18
We're going to make the hydra into a beautiful person that it
45:21
should have been in the 1st place and replace The Dirty,
45:25
rotten, stinking Fiat currency that I showed you 89 examples of
45:29
with real money. That is silver going back to
45:31
God's money. Yeah, yeah.
45:33
Oh, my gosh. Ted, my wife Susie is not at
45:36
home, but she just sent me a text.
45:38
I need to ring the bells and then I want to talk about.
45:41
I'm going to pull up this chart and talk about two epic battles.
45:44
The battle between Austrian economics and Keynesian
45:48
economics. The battle between money
45:50
printing derivatives, make believe, Unicorn fart, dust
45:53
money, as many of the basement dwellers like to refer to it as.
45:57
And real money, silver and gold. But I want to talk about what I
46:00
see. An epic battle for the silver
46:03
price measured in U.S. dollars right now at $24.00 per oz.
46:08
But first, I'm going to ring the bell, The loud obnoxious bell.
46:11
Thank you for all the basement dwellers who've been here today
46:15
for joining us, right? We appreciate the thumbs up.
46:17
Super appreciate the Super chats.
46:20
Thank you guys. I'm trying to manage a lot of
46:22
things here, so if I don't recognize that immediately,
46:25
Super Chats go a long way to help support the channel.
46:27
And of course, you can always subscribe.
46:29
We'll put out a piece of content about Silver and Gold every
46:31
single day to Ron's basement and to Ted.
46:35
At Ted Speaks Truth. Links to his channel are in the
46:38
are in the description below, but let's ring the bell for 200
46:41
thumbs up. Let me get on full screen here
46:44
and then Ted and I are going to talk about some epic battles.
46:51
A few more for our friend Jake. So Ted, I want to talk to you
46:55
about this. OK.
46:58
This comes from one of one of the people in our community,
47:01
Kelton. This is a chart of the silver
47:05
price that starts on the far left in May of 2020.
47:09
So it's almost a four year chart and that's called a wedge
47:14
pattern. You can see it.
47:15
It's a wedge that the price of silver has been compressing.
47:20
And what I see when I look at this chart are two things.
47:23
Number one, in technical analysis, the price will always
47:27
break out as the wedge gets tighter and tighter.
47:30
As you see on the right hand side of the chart as we move up
47:33
to the the current day, as the chart, as the as the wedge gets
47:37
closer and closer together. At some point the price will
47:41
either break out above the wedge or to the lower part of the
47:45
wedge. Now of course, with what's been
47:47
a relatively strong silver price lately, we are right at it,
47:51
around 25, a little over $25 per oz.
47:54
We're right around breaking out to the upside.
47:58
But it feels and I've said this over the last year, it feels
48:01
like there's been an epic battle for silver right around the 24
48:06
dollar, $23 per oz range and that it's built up a lot of
48:12
energy. And we also know that it's also
48:15
built up a lot of energy in that then that very stretched gold to
48:20
silver ratio, the fact that we're at 90 ounces of silver to
48:25
get yourself just one ounce of gold.
48:27
Now that may have dropped a little bit recently with this
48:29
uptick in. Silver, turn that around the
48:31
other way there, Ron, Can we turn it around that if you're
48:33
holding an ounce of gold, you should be able to get about 80
48:36
to 85 ounces of silver as those ratios compress, OK, it goes
48:42
8089 to 1 back to Mother Nature's rate of seven to one.
48:47
And if you follow along with Ted Speaks and also Ron's basement,
48:51
I'm tracking this every day. I believe that there's going to
48:54
become about a 20 hour window when gold and silver are going
48:58
to go 1:00 to 1:00. It's at that point in time I'm
49:00
going to put in a Clarion call. Anybody that wants to swap their
49:04
sealed Type 1 monster boxes for sealed type 1 gold monster boxes
49:10
to to get in on this, you'll go to your local coin dealer and
49:13
we'll have it taken care of that way, but it'll be an in out kind
49:15
of thing. But what I'm saying though is if
49:18
you follow along and you pay attention to history, you'll see
49:21
that currently 88 ounces of silver is required to buy one
49:26
ounce of gold. It comes out of the ground at
49:28
7.1. However, what's coming out of
49:31
the off right off the top, OK, like taking the cream right off
49:34
the top is the industry and they're taking 60% of it.
49:38
So which leaves a reciprocal of 40% of 100, which is 40% times a
49:43
7%, which is 2.8. So what that means is we're
49:46
getting 2.8 units out of the ground.
49:49
We're all to be used for money for every one ounce one unit of
49:53
of of gold that comes out of the ground.
49:55
So if we associate the units with OZ, OK, we would take the
49:59
current price of 25 and change and divide that into the current
50:03
price of gold at 2170. And that's where we're coming up
50:07
with this 88 and 89 price. Now when you swap your gold for
50:11
the silver, the the silver, the coin store is going to make a
50:13
profit on that. When I swap mine it was about
50:16
120 to 1, meaning it was 120 ounces of silver for every one
50:20
ounce of gold. And I had gold and I swapped it
50:23
at that time. And what I got net after all
50:26
the, you know, they're making their fees and everything was
50:28
107. Imagine it's 107 ounces of
50:31
silver for every one ounce of gold that I relinquished at that
50:34
time. It's not because they don't like
50:36
gold. The thing is I want to go back
50:38
and get the gold. Once we go one to one, I'll get
50:40
all of it back. Does that make sense?
50:42
Yeah, it makes perfect sense. I mean, I'm not giving financial
50:45
advice and I don't own any. I own gold mining stocks.
50:49
I don't own really any material amount of physical gold.
50:54
But if I did, 'cause every time I went to buy either gold or
50:58
silver over the years, I couldn't pass up what I thought
51:02
was just an unbelievable value proposition in silver.
51:06
So bear that in mind. I've been thinking this way
51:09
almost for decades at this point.
51:11
But if I did own some ounces of gold, me personally, and again,
51:16
I'm not telling anyone what to do, but I would be very tempted.
51:19
Even now at 8885, whatever the current gold to silver ratio is,
51:25
I. Will be there at 120.
51:27
Yeah, well, you did great. That's awesome.
51:29
But even at 85? Blind squirrel finds a nut once
51:32
in a while, right? Yeah, well in the in the long,
51:34
you know I've looked at long term charts of the silver to
51:37
gold ratio and it seems like you know depending on how far you
51:39
want to go back. But even if you just look over
51:41
the last like 5000 years, seems like somewhere around 4050
51:47
sixtyish is the long term average.
51:49
I mean even if we had. That's a manipulated average,
51:54
though. And these starts that you're
51:55
showing, that's the result of manipulated data.
51:59
OK, one thing I wanted to share before I put these away is this.
52:02
Ron, can we give me the screen just for a minute?
52:04
What I'd like to show you is this.
52:06
This note is well worn. OK, but look what's down in that
52:10
corner over here. How about a unique identifier?
52:14
How about a unique identifier on this note here?
52:16
OK, that's a very, very old note.
52:18
You can probably see through it. Look at this one.
52:21
This is an old greenback. OK, And do you see the unique
52:25
identifier there? Let's see.
52:27
Probably easier to see right there.
52:29
Look at this. Everything that has value has
52:33
something unique about it. And even if you have an eagle on
52:37
another eagle, you don't need a marking thing on it because each
52:40
eagle, as you take an an electron microscope and you take
52:43
a look at it, is different in and of itself.
52:46
You don't need to have a missing Reed on it to know that it's
52:48
different. All you need to do is take an
52:51
electron microscope if you're that hell bent on figuring it
52:54
out, because you'll find that every molecule inside of the
52:58
that makes up the silver is unique, much like every
53:00
snowflake is unique. That falls down.
53:02
That's a lot of snowflakes that fall.
53:04
We still have a lot of snowflakes falling and.
53:07
I, and I think that can be said about almost anything.
53:10
If you zoom in close enough, you know every every.
53:15
Bitcoin. Right.
53:17
Yeah. Good point.
53:18
Yeah that's yeah, but they'll claim they have a a unique I I'm
53:22
not a crypto or or blockchain expert, but I know they'll
53:26
complain not they'll complain or explain also that that each
53:32
Bitcoin has some type of unique identifier and and the
53:36
blockchain and all that. So what we're showing here is
53:40
that silver right now, if it were priced in these in a
53:44
similar fashion as gold, OK, using the same multiplier down
53:48
here at 62.29 against the gold to get to the 2170 silver should
53:53
be selling for. It's all backwards here, $114.62
53:57
an ounce. So if you could take $33 and
54:00
turn it into 14, how many times a day would you want to do that?
54:03
The thing is, you're not going to be able to do it very long
54:05
because they're going to run out the silver and they already have
54:08
try to find Type 1 Eagles out there anywhere.
54:12
Next is going to happen is the run for constitutional silver,
54:15
which, as I showed you before actually.
54:17
Throw in I I had a conversation with Channel friend, great
54:21
channel friend Coin Shop Chris a few nights ago, and Coin Shop
54:25
Chris told me that he's sensing and experiencing a surge in
54:30
demand for constitutional silver.
54:32
We know that a year ago there was a massive demand for junk
54:36
silver as it had been referred to as our constitutional 90%
54:40
silver. But he his, his his read on the
54:43
market was that that that he's sensing there's a lot.
54:47
There's a, there's this growing momentum of people again another
54:52
wave of people wanting to come in and I and I know from from
54:56
speaking with Mike at PEMBAX and some other people listening to
54:59
other people that are in the the, the online bullion sales
55:03
arena that it does also feel like that that there's some
55:07
growing momentum within American Silver Eagles as well.
55:11
I mean heck six weeks ago I couldn't believe the price that
55:16
you could get for that or what you had to pay the how low the
55:20
premiums were on American Silver Eagles.
55:23
I mean I remember a year ago they were selling for I asked
55:26
Coin shop Christ this a while back they were selling for like
55:29
north of $50 each and and and and you were people were able to
55:34
pick them up. I picked up a few I don't know
55:36
$2627.00 you know I think that was AI could be wrong.
55:41
Just my read is that was a little window of opportunity
55:44
that was gifted to us. I don't you know who knows well
55:49
how this year will play out. But I want to point out this.
55:53
It feels like and I and I based that upon talking to people in
55:58
the end that that we are feeling a little bit of a surge in
56:02
demand for silver right now. And I want to point out
56:05
something very interesting. Ted, hold on here.
56:08
I want to get myself on the screen as well.
56:10
I want to point out something interesting the surge that we're
56:14
obviously we've had the really great run in the gold price but
56:18
what now feels like a little bit of a surge in the silver price.
56:23
All of this is happening when according to our government,
56:27
right. We haven't had a bit that big
56:29
Black Swan event that's occurred in the last two months.
56:32
We haven't had a big event. We haven't had a we did not have
56:35
a banking crisis, we did not have any new wars, although we
56:39
have wars going on. All of this is happening.
56:42
All of the strength is happening within the context of, of things
56:48
being kind of normal, right? I mean the economy is strong and
56:53
great in the United States according to our government.
56:55
So. So if we do have and doesn't
56:59
something always seem to happen, if we do have something happen,
57:03
right, some crisis or or or or Black Swan or Gray swan or
57:08
whatever it may be that we've already got like already have a
57:13
strong, I would say demand profile or an improving demand
57:18
profile and pretty decent prices.
57:20
I don't think any of us are happy with $25 silver, but gosh
57:24
darn. How about $4.00 gas Gold's gold?
57:27
I'm not happy with that either. No, right.
57:29
But gold is banging up on all time highs.
57:32
I mean, gold is right there and we know.
57:34
Isn't the stock market doing the same thing?
57:37
Isn't the Are you pulling them sell high, folks.
57:41
He's supposed to sell high and buy low silver.
57:44
One factor for inflation is a screaming deal.
57:47
Yeah, I know you guys are getting this 150,000 views in
57:51
what, what's today's date? The 13th in 12 days, 150,000
57:57
people around the planet. We're talking about Japan,
58:01
Norway, Australia have tuned into this and they're learning
58:05
things, they're learning out that their particular
58:07
investments, they don't have AQ SIP number on it either.
58:10
There is no unique identifier, and they want to learn this too.
58:14
The people at the guy that reached out to me in Japan, he
58:16
said. We're facing the same thing.
58:18
We don't have this kind of of of thing going on here.
58:22
So at any rate, we need to remember the reason why there is
58:25
a rush on silver because we're becoming students of history.
58:29
History says that money is silver.
58:31
Look, OK, see if you can find your currency on there.
58:35
If you're calling from wherever, Japan or Australia or New
58:40
Zealand or whatever, do a dig and find out what your name of
58:44
your currency really means when you factor in for etymology,
58:48
which is a study of how the words generated themselves, how
58:50
they became B. OK, so that will tell the truth.
58:54
So what's happening now is this pendulum has swung all the way
58:58
to the left side. We are so we're bleaching our
59:01
hair yellow and purple and pink and all this kind of stuff that
59:04
that pendulum is so far to the left side it's about ready to
59:08
snap. And when that pendulum swings
59:10
back to the other side, it's going to be fool me once, shame
59:12
on me, fool me once, shame on twice, shame on you.
59:16
They're going to go back to the gold through the silver.
59:19
Silver is the money of the people, Gold is the money of
59:22
kings, barter is the money of peasants, and debt is the money
59:26
of slaves. OK, if you don't pay your bills
59:29
and you don't pay your property taxes, you're kicked off the
59:32
land, right? Well, that's because you don't
59:34
own the land. You won't find the word land in
59:36
a deed. Check it out.
59:39
So anyway, this is an American Silver Eagle.
59:41
And what is that? A type one or type 2 you have
59:43
there. That is a 2023 and it's missing
59:47
the Reed. Yeah.
59:48
And you should just on the on the side.
59:51
It won't. It won't show up.
59:52
But trust me folks, there's a missing Reed.
59:55
I'm missing read on the side of the coin.
59:58
You made the cut too. We're going to trust God, the
1:00:00
periodic table, and Ron. Does that work?
1:00:02
That's that's great. Yeah.
1:00:04
I trust Ron. That is, that is real money,
1:00:07
folks. That's in my opinion, right.
1:00:09
That's this is all our our truth.
1:00:12
Ted speaks his truth. Ron speaks his truth.
1:00:14
It's important for you, right? Consider what we say.
1:00:17
We're not giving financial advice.
1:00:20
Listen to Ron. Listen to Ted.
1:00:22
Listen to yourself. Listen to other people in the
1:00:25
sector and formulate your own plan how you want to protect
1:00:29
your wealth. I want to thank Ted for joining
1:00:31
us today. Again, it's been another great
1:00:34
live stream. Information about Ted is at the
1:00:37
very top of the description section of this video.
1:00:41
I'm going to run out real quickly to just show you his
1:00:43
website so you can see what that looks like.
1:00:46
Thanks, Ron. Hold on here.
1:00:48
Who we are, where we are and. Yeah, no problem.
1:00:52
If I can get this figured out there it is.
1:00:54
OK, so this is Ted's, right tedspeaks.net right up here at
1:01:00
the top. And you can learn more about
1:01:03
Ted. If you have any questions, you
1:01:05
can reach out to him. There's Ted.
1:01:07
Look at him. Hey, what do I got his?
1:01:10
Constitution and his sit American Silver Eagles and
1:01:14
welcome video. Oh look at that.
1:01:17
Ron's basement. Awesome.
1:01:19
And I know Ted's been on with stacking Surfer.
1:01:24
Can we? Stop there.
1:01:26
Just for a second. The road not taken.
1:01:28
OK, this is how I live my life folks.
1:01:30
For the last 65 plus years I've always chosen to take the road
1:01:35
not less travelled. I could have been on a lot of
1:01:38
other platforms and had it had much easier life and going along
1:01:41
with what everybody else did, which is sell the Fiat stuff,
1:01:44
Sell the sell the fake shares of stock.
1:01:47
I decided to take the road less travelled and I can tell you
1:01:50
it's making all the difference in the world because you guys
1:01:52
are showing me, you guys are showing me the love.
1:01:55
I'm absolutely moved at the some of the comments you guys are
1:01:58
leaving here for us and not just one or two, hundreds and
1:02:02
hundreds and hundreds of you are are craving this information and
1:02:06
thanking us for the truth that we're bringing out.
1:02:10
And I really appreciate you acknowledging what their efforts
1:02:12
are bringing to you. So thank you very much.
1:02:15
Thank you for the support you're showing, Ron.
1:02:17
Thanks for the support that you're showing our sponsors.
1:02:21
Pendex is great. We're going to talk about silver
1:02:24
right now. We got to make sure you have
1:02:25
something to actually plan with. If you're holding silver, you'll
1:02:28
have something to plan with. You're holding dollars.
1:02:30
Just join the club over there with the other 89 that I showed
1:02:33
you twice on on this video here today.
1:02:35
How many people have ever shown you this 89 times.
1:02:39
Not once. Not twice, not 389 times.
1:02:42
You have been conned out of your money and it's done time and
1:02:46
time again. It's a system that they got that
1:02:48
works. It's worked throughout history.
1:02:50
They say if you carry it around, you're likely going to get
1:02:52
robbed. It weighs hundreds of pounds.
1:02:54
You can't get away as quickly. You can trade with our with our
1:02:57
receipts that we give you. You can buy stock with the
1:02:59
receipts. But guess who's holding the
1:03:01
money all the time? The guys at the top of the
1:03:03
tower. You guys are playing in sandbox
1:03:07
and we're sitting up here in the pulpit laughing at you.
1:03:08
That's what's happening. Stop being laughed at.
1:03:12
Get the real money. Don't be a fool again.
1:03:14
Don't make this the 89th example of you being robbed and to add
1:03:18
your wealth taken from you. If it's in a vault, for gosh
1:03:21
sakes, get it home. Get it home.
1:03:23
Find out exactly what you own. If they're showing you a bar
1:03:26
number, is it possible somebody else has been shown the same bar
1:03:29
number and both of you own the same bar?
1:03:31
Like both of you, 393 own the same amounts of silver.
1:03:35
Folks. Do you see what's happening?
1:03:36
You're going to have to rise above.
1:03:37
Not everybody's going to make it out.
1:03:39
I'm giving you a peek outside the box, and you need to look
1:03:41
inside the box now that you're looking outside the box, from
1:03:45
outside the box, inside the box. Now you can put a plan together
1:03:49
to get out, but to make it real simple, turn the digits back
1:03:52
into what their real money, what the real worth is, and what the
1:03:55
Constitution says it is, which is American Silver Eagles and
1:03:59
Constitutional junk silver. Yeah.
1:04:02
Thanks, Ted. And once again, I want to say
1:04:04
thank you to my channel sponsor, Pinbeck's sponsors, Ron's
1:04:08
Basement. They've been great to work with.
1:04:11
Dave Mike's great. Yeah.
1:04:13
Thank you, Ted. And we'll look forward to seeing
1:04:15
you next time. Thanks for having me folks.