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Transcript

💥 $200 Silver Price! 💥 You Best Listen to TOP Analysts - Precious Metals NEWS Update · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  We have some important stories to cover today in the world of
• 0:04
  gold and silver. They just keep coming.
• 0:07
  Let's get started with a very important question, a very
• 0:11
  simple yet powerful question that we're going to ask
• 0:14
  ourselves regarding our decision to invest in silver and gold.
• 0:20
  And we're going to go out here to the X platform and hear from
• 0:24
  Lucas, who says before you panic selling your gold and silver,
• 0:31
  ask yourself this question. Will the war lead to more or
• 0:36
  less money printing? If your answer is more printing,
• 0:41
  then you should keep your gold and take a look at this chart.
• 0:44
  He points out something very interesting and powerful when it
• 0:48
  comes to what's happening right now in the monetary world.
• 0:52
  The Gray line right here is an exponential growth curve, A
• 0:58
  standard exponential growth curve.
• 1:01
  OK, the jagged line that basically follows that
• 1:04
  exponential growth curve represents money printing by
• 1:09
  the, I'm sorry, the gold price. But during periods of money
• 1:13
  printing by the Federal Reserve, here's the panic of 2008 when
• 1:18
  they printed. Here's the repo COVID panic when
• 1:22
  they printed. And here we are right now, I'm
• 1:25
  sorry, regional bank debt crisis, but at which is what's
• 1:30
  happening right now. And what he's pointing out is,
• 1:33
  is more and more money is printing being printed.
• 1:37
  It's being followed by much higher gold prices and at the
• 1:41
  same time silver prices. And we look at what's happening
• 1:45
  in the in the world with the war right now.
• 1:49
  This is not a political channel. This is not a war correspondence
• 1:53
  channel. But of course, we're all
• 1:55
  following the very important developments in the Middle East
• 1:58
  and in Europe. Let's not forget with Ukraine
• 2:01
  and Russia and a whole host of other hotspots around the globe,
• 2:06
  it sure definitely feels like what's happening will lead to
• 2:10
  more money printing. I was talking to a top analyst
• 2:14
  this morning, right? And we were like, think about
• 2:17
  it, right? The situation that the United
• 2:19
  States is right now, from a fiscal or a financial
• 2:22
  perspective, all the debt, all the interest, right, which is
• 2:27
  making the deficits bigger, which makes the debt bigger,
• 2:30
  which makes the interest bigger. And the fact that the world is
• 2:34
  rejecting U.S. Treasuries, which will make the
• 2:37
  interest rate that the Treasuries have to pay to induce
• 2:40
  people to buy them, that goes higher and higher.
• 2:43
  The, the, the long and short of it is the you don't, you don't
• 2:47
  have to be the smartest person in the room.
• 2:49
  You just need to be able to work a calculator to realize that we
• 2:53
  are in like a doom spiral, a debt spiral.
• 2:56
  I don't know what you want to call it.
• 2:57
  I don't like it, you don't like it, but that's the reality of
• 3:00
  the situation, right? And it will.
• 3:02
  The only thing they're going to be able to do is monetize the
• 3:06
  debt, right? The only thing they aren't going
• 3:09
  to let the whole system collapse.
• 3:11
  And if they do, which I think is highly unlikely, we'll still be
• 3:15
  happy that we own silver gold in mining stocks.
• 3:18
  But what they're very much most likely definitely going to do is
• 3:23
  monetize the debt. the Fed is going to have to print money out
• 3:27
  of thin air, press the button, print digital dollars and use
• 3:31
  that to buy the debt of the United States.
• 3:34
  It becomes, it's like a Ponzi almost, right?
• 3:37
  And you, I know what ponzi's work for a while, right?
• 3:40
  But they always eventually collapse Ponzi schemes.
• 3:43
  It's not a good situation. I don't like that it's going on
• 3:47
  and it feels like the world is getting more and more chaotic by
• 3:50
  the day. The net result of it will be
• 3:53
  higher prices for gold and silver.
• 3:55
  We are truly, I got this written out for you.
• 3:58
  We are truly in a, in a new world for precious metals.
• 4:01
  Anything can happen. We're going to talk later about
• 4:05
  $6100 gold prediction from one of the world's biggest financial
• 4:08
  services institutions and the 200 to $500 silver prediction
• 4:16
  that could happen within the next six months.
• 4:18
  Anything can happen right now, guys.
• 4:21
  Power. It's powerful to think that
• 4:25
  right now, today, right? What is today, the 4th of April,
• 4:28
  4/4/2026, we're we're sitting at A at a silver price where people
• 4:35
  are now talking about worst case scenario.
• 4:38
  Worst case scenario that we could see is a correction down
• 4:42
  to $56 per oz silver. Now think about that for a
• 4:46
  second. When we realized that one year
• 4:49
  ago, exactly 1 year ago today, do you know what the silver
• 4:52
  price was? Half of that we're talking about
• 4:56
  worst case scenario in the coming months.
• 4:59
  Silver, I don't think, I don't want it to happen.
• 5:01
  I don't think it's going to happen.
• 5:03
  We don't. We're not cheering for it.
• 5:05
  But the worst case that anybody is pointing out now is silver
• 5:08
  correcting to 56 dollars. That would still be nearly half
• 5:15
  of where we are today. I'm sorry.
• 5:17
  Yeah, it would be, I'm sorry. It would be twice of where we
• 5:19
  were one year ago. I apologize.
• 5:22
  So we are in a new paradigm, a new set of rules, everything
• 5:25
  else, Goldman Sachs. Vince Lancey points this out.
• 5:29
  Goldman Sachs came out the Goldman Sachs and says they're
• 5:34
  now pushing back on gold doubters.
• 5:37
  OK. Under scenarios involving
• 5:40
  renewed macro hedge accumulation and accelerated diversification
• 5:44
  away from Western assets, gold prices could reach between 5700
• 5:51
  and $6100 per oz. This is Goldman Sachs saying
• 5:56
  this. They're arguing the gold's
• 5:58
  recent sell off reflects positioning unwinds and higher
• 6:02
  rate repricing, not structural weakness.
• 6:06
  Supply driven inflation pressures gold short term but
• 6:09
  normalized positioning, expected FED easing and strong central
• 6:14
  bank demand support a medium term rebound with upside driven
• 6:18
  by portfolio reallocation and downside limited to liquidation
• 6:25
  scenarios. That is Goldman Sachs telling us
• 6:28
  that we could be most definitely in for 6000 $100 gold.
• 6:35
  Thank you, Vince. That was from the free part of
• 6:37
  his sub stack. You can check it out.
• 6:39
  You just saw it on your screen, Vince.
• 6:40
  Lancey, another one of the top analyst, but another top analyst
• 6:44
  is telling us $10,000 gold, OK, $10,000 gold.
• 6:49
  Let's go out to Zero Hedge and see who's saying that again,
• 6:53
  guys, all of these scenarios, I know they may seem wildly
• 7:00
  optimistic, but in the eyes of some of the smartest people out
• 7:04
  there, they're very realistic. Cash is king.
• 7:07
  Ed Dowd sees $10,000 gold as the credit market is quote UN quote,
• 7:13
  starting to end the party. Wall Street money manager and
• 7:16
  financial analyst Ed Dowd of financetechnologies.com warned
• 7:21
  at the end of January, OK, this was at the end of January, 2
• 7:25
  months ago, that the credit destruction cycle was showing up
• 7:29
  in something called private credit.
• 7:31
  Dowd was worried about extreme risk to the economy, especially
• 7:35
  all the growth in lending in the last two years coming from
• 7:39
  private credit. Has it gotten better or has it
• 7:42
  gotten worse, right? The easy answer without reading
• 7:45
  all this to you guys is it has gotten way, way worse and it is
• 7:50
  spreading. And then he goes on to talk,
• 7:53
  right? Goes on to say cash is king and
• 7:57
  be ready be prepared for $10,000 gold.
• 8:01
  Hey I got something really cool we're going to look at right now
• 8:03
  channel sponsor reversement has a new customized custom
• 8:07
  engraving that you can do on silver bars.
• 8:10
  I want to take you out here and show you where you can get it on
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• 8:19
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  But what I want to show you is this an incredible video put
• 8:35
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• 9:01
  silver. To get your custom engraved bar,
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• 9:37
  All right, really super cool. I I can't wait to do that
• 9:40
  myself. Maybe I could write a a nice
• 9:43
  note to silver Susie upstairs. Susie on one of these.
• 9:47
  Just to give you that's the smallest of the bars.
• 9:50
  That's the five ounce bar. Obviously the ones that they do
• 9:53
  engraving on. There's a lot more open space on
• 9:56
  there, but really cool. You can check it out.
• 9:58
  What about if this right, this stuff right goes to five, $500
• 10:04
  per oz. How about $200 Browns?
• 10:07
  Would you be happy with that? We've got a double feature from
• 10:11
  Michael. Michael Oliver.
• 10:12
  He's back out again. Again.
• 10:14
  Michael Oliver. OK, one of the most respected
• 10:18
  analyst in the precious metal sector.
• 10:20
  What I love about Michael Oliver is I sat down here and I
• 10:24
  followed him for decades. He's not always optimistic on
• 10:28
  silver and gold, but we can say right now he's very optimistic,
• 10:33
  talking about 200 to 500 per oz silver price.
• 10:38
  And let's check out what he's saying.
• 10:40
  We'll go to this one first. He was on with Manico 64 and
• 10:46
  here we got it and I've got it all teed up for you.
• 10:49
  Let's listen to what he has to say about the silver price.
• 10:54
  That's the way it should be. No, we had expected in the move
• 10:58
  to a new reality in silver that it would have a correction
• 11:03
  during that process. Let's say we're right that at a
• 11:07
  couple quarters silver moves into the couple $100 zone.
• 11:12
  You know, 203 hundred, even 500 I think is reasonable.
• 11:16
  There's a lot of reasons for that.
• 11:18
  By the way, it had a stumble earlier than we expected.
• 11:23
  We kind of thought it might happen in April, but it
• 11:26
  happened, you know, in January, the last day, In fact, one day,
• 11:29
  the last day of January, it had 90% of its drop, if not more
• 11:34
  right there, right there, literally in hours.
• 11:36
  OK. And since then we've been
• 11:38
  violently going sideways. Same with gold.
• 11:43
  Very violent, very up and down, but really?
• 11:47
  OK, so two things #1 and I can vouch for this.
• 11:52
  He was predicting a big pullback in the silver price before it
• 11:57
  resumed a big upward trend. Look, he doesn't have a crystal
• 12:00
  ball. I don't have a crystal ball.
• 12:02
  But he does have a very solid track record of predicting where
• 12:06
  the silver and gold prices were to go.
• 12:09
  He said the pullback did surprise him.
• 12:11
  But what he also said, and we, we've experienced this.
• 12:14
  I'm sure you've seen this also that silver and gold for that
• 12:19
  matter, but they've been kind of violently moving, but they've
• 12:23
  been in a very tight range. Remember what we talked about
• 12:26
  earlier, guys, the worst case scenario that we're hearing
• 12:30
  anybody talk about right now is silver correcting the $56 per oz
• 12:35
  and that's nearly twice what the silver price was a year ago.
• 12:40
  So it's going to be interesting to see how Michael's predictions
• 12:44
  pan out here. And now let's go on because he's
• 12:47
  got another one. On this one, he referred to
• 12:51
  himself as a lunatic. He was on with Jesse Day on
• 12:54
  commodity culture. I think the whole interview came
• 12:57
  out today. But here he is on commodity
• 13:00
  culture with Jesse Day. And listen to what he says about
• 13:03
  Silver in this little clip. Oh yeah, I think he'd go to
• 13:06
  triple, high, medium level, triple digits.
• 13:09
  Like, you know, 300 to 500, I know I'm a lunatic.
• 13:15
  There's reasons for that, technical and fundamental, but
• 13:19
  you know our focus is obviously the long term technical
• 13:23
  situation and it sounds unusual for a market to do something
• 13:28
  like that, but it's not. There have been instances in the
• 13:30
  past at other markets which we've shown in our reports like
• 13:34
  in copper in 2005 and 6 and lead in 2007.
• 13:39
  And I can find tons of others where suddenly a market that's
• 13:43
  been asleep for decades in a little range says hey, hey, no
• 13:46
  more boom. And it triples, quadruples in
• 13:49
  price in a matter of several quarters and you know what?
• 13:52
  And it stays up there in a new reality.
• 13:54
  And I think Silver's headed for that.
• 13:56
  Oh yeah, I think he'd go to true media.
• 14:00
  As he pointed out, and it's very important for us to remember
• 14:05
  because look, when we talk about $200 silver, $500 silver, it
• 14:10
  seems crazy, It seems out of the question, but it's happened in
• 14:14
  other commodity markets before. It's happened with silver.
• 14:18
  During the 1970s, silver went from $1.50 an ounce all the way
• 14:22
  to $50 per oz. It's happened in other
• 14:25
  commodities wild price movements.
• 14:28
  But as he said that what often accompanies that is then the
• 14:32
  dawn of a whole new era, a whole new reality for the price of
• 14:38
  that, of that commodity, I believe.
• 14:40
  And as he said as well, right, he's looking at the technical
• 14:43
  charts in saying this can happen, guys.
• 14:46
  If you layer on top of that, the fundamental reasons, right, the
• 14:50
  world geopolitical situation coupled with the world fiscal
• 14:54
  situation, coupled with, and we're focused on silver, right?
• 14:58
  The fact that silver's both a monetary metal at this point,
• 15:02
  but also a massive industrial metal, right?
• 15:06
  We could sit down here for the next two days and talk about all
• 15:08
  the uses for silver, that silver has more patents associated with
• 15:13
  it than any other metal on the face of the Earth.
• 15:15
  I mean, there are big, big. Oh, thank you, Susie.
• 15:19
  That's upstairs. Susie chiming in.
• 15:21
  There are big reasons why this can absolutely be a new reality,
• 15:26
  the dawn of a new paradigm, the dawn of a new age for silver.
• 15:30
  I'm going to go out and say thank you for the Super chat
• 15:32
  here. Make sure we don't have a
• 15:33
  question and let's pull that up, my friend.
• 15:37
  Wow, David Russo, he said. I think gold can hit 6000, but I
• 15:43
  would be surprised if silver went much over $100 this year.
• 15:48
  Dave, thank you for that, my friend.
• 15:50
  Hold on here. You are famous on the Internet
• 15:53
  and thank you for your input. Right, Hey, absolutely, I agree
• 15:58
  with you. Silver can hit I'm sorry, gold
• 15:59
  can hit 6000. I think that we could see silver
• 16:03
  over 100, but you know you could definitely be right as well.
• 16:08
  We'll see how it plays out Dave, what to check back in later in
• 16:12
  the year at no later than mid-december and remind me of
• 16:16
  this. I will remember.
• 16:18
  So thank you, Dave. Thank you for the Super chat.
• 16:20
  All right, guys, let's go on to let's go on.
• 16:23
  Wow, there's a lot happening right now.
• 16:25
  The private credit problem, right?
• 16:27
  Part of the reason why this can happen, OK, is this right here.
• 16:33
  No Limit points out that right now five of the biggest names in
• 16:37
  finance have restricted withdrawals from their private
• 16:40
  credit funds. And we got breaking news last
• 16:44
  week at the end of the quarter that more of these private
• 16:47
  credit funds are limiting. One of them at some, I think had
• 16:50
  requests for like 40% of the money to be returned.
• 16:54
  And they're just like, sorry, we can't do that.
• 16:56
  But we've got BlackRock, BlackRock, OK, Blue Owl, which
• 17:00
  is a huge company, Morgan Stanley, huge company.
• 17:04
  Apollo Asset Management, I think they have like if I remember
• 17:08
  correctly, 6, I don't know, 600 billion million, I don't know
• 17:14
  crazy. OK and Ares as well, combined
• 17:18
  exposure of roughly $2 trillion. Why is this a big deal?
• 17:23
  I'll tell you why it's a big deal and why we are the reason
• 17:26
  why we're paying such close attention to it because private
• 17:30
  credit today is very similar to mortgage-backed securities back
• 17:35
  in 2006, 2007, 2008. It's almost uncanny how similar
• 17:43
  it is back then. Excuse me?
• 17:45
  They packaged together a bunch of crappy mortgages, put them in
• 17:49
  a package and sold them to investors and said it's the best
• 17:53
  thing though. And you can make, you know, 9
• 17:55
  percent, 8%, it's mortgages people never you know.
• 17:58
  But there's and we know what happened.
• 18:01
  It created the great financial crisis of 2008, very similar to
• 18:05
  what we have now with private credit, except instead of
• 18:08
  packaging together a bunch of crappy mortgages, they package
• 18:12
  together a bunch of crappy loans to software companies that don't
• 18:16
  make any, any, any positive cash flow.
• 18:18
  I think I read somewhere 40% of them have negative, negative
• 18:22
  cash flow. So it if right.
• 18:25
  And look, this is all speculation, right?
• 18:27
  I'm not I'm not trying to be the town crier.
• 18:30
  However, anytime you get in, the reason why that happened back
• 18:34
  in, back in 2006, 2007, 2008 was because the big financial
• 18:39
  companies were making big money, big fees off of mortgage-backed
• 18:44
  securities. OK, That's the only reason why.
• 18:47
  And then it incentivized them to make more of them, to make more
• 18:50
  of them. They bent the rules.
• 18:52
  They, you know, it was a big mess.
• 18:54
  You know, that whole history, same thing has gone on in the
• 18:57
  last what, 3-4 years with private credit.
• 19:00
  It became the invoke thing for big financial services
• 19:04
  companies, private credit, you know, private, it's a big,
• 19:07
  that's where you want to be in private credit.
• 19:09
  So they could, they could sell it and make huge fees.
• 19:12
  And as a result, I'm just telling you, the way I see it,
• 19:17
  they bent the rules and created a situation now where when the
• 19:20
  hens come home to roost, it could get very, very, very ugly.
• 19:24
  And, you know, think about that coupled with, like we looked at
• 19:28
  the beginning of this with the war going on in money printing,
• 19:32
  coupled with that's what the the guy I was talking to earlier
• 19:35
  today, he was like, yeah. And on top of it all, the United
• 19:38
  States has $39 trillion in debt. Yeah, right.
• 19:42
  And then you put private credit on there.
• 19:44
  It's not a pretty picture. I feel like I'm being too
• 19:47
  negative. Happy Easter, by the way.
• 19:49
  Oh, and by the way, I forgot to tell you, thank you for being
• 19:51
  down here in the basement. Please do subscribe to the
• 19:55
  channel and give the video a thumbs up.
• 19:57
  We would appreciate it. Let's go look at the proof is in
• 20:00
  the pudding and and as a result, the world is moving away from
• 20:06
  U.S. Treasuries.
• 20:07
  This, I believe is a stunning graph.
• 20:09
  Ox Nobbler put this out. I'll just read the first few
• 20:12
  sentences. Something really bad is
• 20:15
  happening in China right now. 1.4 trillion just vanished from
• 20:19
  their balance sheet. 650 billion wiped from FX reserve, Foreign
• 20:24
  exchange reserves 750 billion. Dumped from U.S.
• 20:28
  Treasuries. But look at this chart.
• 20:31
  OK, a picture is worth 1000 words, right?
• 20:35
  The red line being the amount of treasuries and the the purple
• 20:41
  line being the gold China shift from U.S.
• 20:43
  Treasuries to gold. And one more fun graphic showing
• 20:48
  us that the world is moving to precious metals.
• 20:52
  This came from the World Gold Council.
• 20:55
  Hold on here. And this shows the world.
• 20:59
  Hold on here. This will show us the world gold
• 21:04
  purchases. Sorry during the month of
• 21:06
  February. And here we are Hold on get the
• 21:11
  right screen up. Hold on.
• 21:13
  The computer's screwed up. There we go.
• 21:16
  Now you see it. Sorry about that guys.
• 21:20
  The computer is messing up here today.
• 21:24
  Sorry for the OK. Well, as you can see and light
• 21:30
  blue, those were gold purchases. Dark blue.
• 21:34
  Russia did have to sell some gold and Turkey as well.
• 21:37
  But the light blue boxes far outnumber the the the purple
• 21:43
  boxes on that chart. Hold on.
• 21:45
  I'm trying to get hopefully you guys can see me.
• 21:47
  Something is going haywire with the computer tonight.
• 21:51
  Here we go, now we're back. All right.
• 21:56
  Look, look, look, look, look. Ed Dowd is telling us prepare
• 22:00
  for $10,000 gold. Goldman Sachs is telling us
• 22:03
  prepare for $6000 gold. OK, Michael Oliver is still
• 22:09
  standing by that within the next six months, we could see silver
• 22:13
  going from between 200 to $500 per oz.
• 22:17
  Why? OK, As we discussed, right,
• 22:20
  geopolitical situation like we've never had in our
• 22:24
  lifetimes, a fiscal situation which is far worse than anything
• 22:30
  that the United States has ever faced before.
• 22:33
  And when we focus in on silver, when we talk about just
• 22:38
  everything going on with how appealing in my opinion, silver
• 22:44
  is at this point from an investment perspective, I think
• 22:47
  the future looks super, super bright.
• 22:50
  On behalf of myself and upstairs, Susie, thanks for
• 22:53
  joining us tonight. Have a great, if you celebrate
• 22:55
  Easter, have a great Easter, OK. And we will look forward to
• 22:59
  seeing you. And yeah, we see you.
• 23:01
  And thanks again, Dave Russo for the Super chat.
• 23:04
  We'll see you next time.