Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **Silver $200+ SOON!** ππ You BEST Listen to This GURU - (Gold Price News Update)
Transcript
- 0:01$200 per oz silver or more by early next year.
- 0:08Do you believe it? This is coming from one of the.
- 0:11Top analysts one of the most respected names besides you.
- 0:14And me in the precious metal sector, he's telling us why we
- 0:18could get 2. $100 plus silver as early as April.
- 0:22Or May of next year. And then it could even go much
- 0:25higher. We're going to.
- 0:26Dig into all the details of that.
- 0:28But another probably the king of precious metals.
- 0:32A lot of people consider him to be He's talking about one source
- 0:37of demand. For silver.
- 0:39Right, one source that if it's. They could take up the entire
- 0:43year as. Mine supply.
- 0:44It's mind blowing what's going on.
- 0:46Guys, and we've got more to talk about.
- 0:48Confiscation and a whole lot more.
- 0:50The biggest thing we want to? Talk about is you.
- 0:53Yeah, you. Thank you for joining me down
- 0:54here in the basement. I really appreciate it, your
- 0:57support, our camaraderie as we navigate.
- 1:00Negate these choppy waters, although it's been kind of
- 1:03smooth sailing. Lately for silver and gold,
- 1:07you're important, you matter, and I really appreciate you
- 1:10giving your time choosing to. Be here Please subscribe.
- 1:13To the channel it's. Free.
- 1:14Everything's free. In Ron's basement, give the
- 1:17video a. Thumbs up.
- 1:18Share it with your friends. Leave a.
- 1:20Comment in the comments. Section Let's start digging.
- 1:22And we're going to look at some other things first, then we're
- 1:25going to get to this $200 plus per oz Silver call.
- 1:30Trying to get the tech work in here.
- 1:31Hopefully you guys can see me and hear me.
- 1:34I can see you. Yeah, you.
- 1:36Thank you very much. All right, let's pull this up.
- 1:39Well, what the heck. Since we're here, we'll talk
- 1:41about this. Silver in the spot market on
- 1:45Friday closed. At oh, only $67.
- 1:48And $0.22, you know what? Since we're out here, let's go
- 1:52ahead. And check.
- 1:53And see what the. Futures closed at. $67.40 So we
- 1:57are in the normal state of what is called Tango in the in the
- 2:02silver market, but we were getting into a bit of
- 2:05backwardation earlier in the week.
- 2:07But what I really want to talk about, hey, look, we.
- 2:09Talk about this all the. Time what could.
- 2:11Be one of the biggest, not the one that the the king of silver
- 2:15and gold are going to tell us about later.
- 2:17But one of the. Biggest sources of overwhelming.
- 2:20Demand, right? It's when the general.
- 2:22Public wake up when the other 9596% of people right those
- 2:28neighbors of yours who maybe laughed at you just.
- 2:31One short year ago when you talked about silver all the
- 2:34time. Yeah, they talk behind your
- 2:36back. Trust.
- 2:37Me. I can tell you some stories.
- 2:40Probably about what my. Neighbors said about me.
- 2:43Behind my back. But when those people wake up?
- 2:45Who we affectionately. Refer to as the.
- 2:50Sheeple. It could be a flood.
- 2:53Of new money. On top of.
- 2:55Everything else coming into silver and that's.
- 2:57Going to happen. When the.
- 2:58Mainstream media wakes up. In the mainstream media.
- 3:02We can't say they've woken up, but they're getting close.
- 3:05Here's a little proof for you, right?
- 3:06Now this comes from they change their logo on us, CNBC, Kelly
- 3:12Evans, she's like. Like a high profile.
- 3:15Financial. Journalist at CNBC, she has a
- 3:20headline. Do you read that?
- 3:21Does that say? What's that word?
- 3:24CNBC headline silver and wow OK and we're not going to go too
- 3:29deep into it, but she. Talks about this guy.
- 3:31From Goldman. Sachs blah blah blah.
- 3:34And he said this, he said that in yellow, if it's on the
- 3:37periodic table, which silver is, I think it's #47 and it has an
- 3:42atomic number attached to it. It's the debasement trade.
- 3:46Hey, they stole our name. Now they're calling silver by
- 3:49its proper. Name the debasement trade in
- 3:52green. Then he says.
- 3:53And there are two dynamics driving the current debasement
- 3:57trade. One source of demand is coming
- 4:00from anyone who wants to own something quote UN quote.
- 4:04Money. Like other than Fiat currency,
- 4:08other than paper, make believe fantasy.
- 4:11Island. Money.
- 4:11OK. So that's number one.
- 4:13Number two is is coming from countries.
- 4:18Like China and Russia. That are trying to.
- 4:22De dollarize so they can't be subjected.
- 4:26To U.S. financial sanctions, very interesting.
- 4:29He forgets to throw. India in there?
- 4:31Who's? Kind of on the.
- 4:32Bubble but India? Also has what?
- 4:34Only 1.4 billion people. They've only imported record
- 4:38amounts of silver. Oh.
- 4:39And by the way, while you're at it, who is this?
- 4:42Let's give him credit. Hold on.
- 4:43He was the guy by Jeff Curry. By the way, Mr. Curry, There's
- 4:47something else. Going on in the world of silver
- 4:50and that is in January, China. Our friends in China.
- 4:54In the Shanghai. Gold Exchange.
- 4:56Oh, they just. Are implementing.
- 4:58Quietly. Nobody's talking about it too
- 5:00much. Right, export controls.
- 5:03They're basically saying. Oh, we want to keep our silver.
- 5:06Sorry. If you want silver.
- 5:08So that's that, man. We got a lot.
- 5:09To cover SO. This is big news.
- 5:11Breaking news, breaking news, and I'll tell you the reason
- 5:16why. In in one second.
- 5:18Why this? Is a huge deal.
- 5:20But you probably maybe. You haven't, but if you have, if
- 5:23you have not, you're going to see it for the first time.
- 5:25I've seen this table. This table is commonly showed in
- 5:28the financial world. It shows the market cap of.
- 5:31All the world's. Biggest assets and companies.
- 5:34OK, gold is up. There OK #141 trillion dollars.
- 5:40But where do you think your friend Silver is?
- 5:42Huh. Well.
- 5:43Look what happened. OK, hold on.
- 5:47What did I do? Hold on here.
- 5:49If I go back, did I screw that? Up what is happening here?
- 5:54Hold on, hold on guys, let's go. I'm going to put you back on the
- 5:58screen for a second and let's pull this.
- 6:01Back up. Sorry about that.
- 6:06Here it is OK. I'm going to have you right.
- 6:09Back there lickety split, here we are.
- 6:14Hold on here. OK, now you should be back on
- 6:18the right screen. I don't know what happened
- 6:19there. I apologize.
- 6:21Technical difficulties. Gold is at #1 on the table.
- 6:25Make sure we got. You on there, which we do
- 6:27hopefully you guys can see me and hear me right now sometimes
- 6:31it. Gets the tech, gets a little
- 6:33screwed. Up Gold's number one NVIDIA #2
- 6:37apple #3 look. Who moved?
- 6:40Up the number four, and this is big news.
- 6:43I'm going to tell you why. Silver is now the 4th largest
- 6:47asset in. The world.
- 6:49Congratulations to Silver. Now why?
- 6:52This is a big. Deal now, somebody astutely
- 6:55pointed. This out?
- 6:56I'll see. If I can give them credit,
- 6:58here's another one from. Josh Fair.
- 7:02Right silver, fourth biggest market cap in the world right
- 7:04now. Here we go, right?
- 7:07Here, investor Sanchez think about.
- 7:09This. He said once Silver crosses
- 7:12NVIDIA, it will get the attention of the masses the the
- 7:17common people, right the mainstream.
- 7:19Media. So think about that.
- 7:21Look back at this chart. And are we that far?
- 7:23We're not that far behind, guys. We're at 5:00.
- 7:27This is Canadian dollars. We're in 5 trillion Canadian
- 7:30dollars. Apples.
- 7:31Right in our sights. And NVIDIA is not that far
- 7:35behind when silver. Becomes the second most.
- 7:38Valuable asset in the world. Right, It's going to get massive
- 7:42attention. It's going to be a huge, huge
- 7:44deal. OK, next we're going to talk
- 7:46about 200 plus silver by 2026. You got that right.
- 7:50But if you want to get some silver right now, I want to say
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- 9:43Let's talk. About why right we're.
- 9:46Going to look. At the reasons why we could
- 9:48have. $200 silver. Buy early.
- 9:53Sometime first half of 2026. This is coming from Michael
- 9:58Oliver, one of the most respected analyst in the
- 10:02precious metal sector. But what's even more important
- 10:04to remember about him? So I've been following him for a
- 10:07decade longer. He many times would say he
- 10:12thinks the price of gold's going to go down.
- 10:14He thinks the price he's not permanently.
- 10:16He loves gold and silver. But he's also very, very.
- 10:20Honest in his old many times in the past that he thought the
- 10:23price was was going to struggle or go down now he's talking
- 10:27about $200 silver by early next year let's dig in I'll.
- 10:32Read fast, but this is worth reading.
- 10:34Then we're. Going to listen to him for about
- 10:35one minute. He says we'll probably see.
- 10:39Hold on here, Here we go. Yep, we'll probably see.
- 10:42I'll start here. $200 silver. By the second quarter, now I
- 10:47could. Be wrong.
- 10:49We might vastly overshoot. Well, we hope you're.
- 10:53Wrong if that's the. Case and see something even
- 10:56higher than that. Be in silver, be in the minors
- 10:58now. Michael Oliver from Momentum
- 11:01Structure Analysis. This is the breakout.
- 11:04From 1/2 century trading range for. 50 years silver.
- 11:08Has been contained that containment is now failing OK,
- 11:12why this time is structurally different.
- 11:14Gold broke out versus the S&P 500 on a spread basis, signaling
- 11:19a major. Asset class.
- 11:21Rotation silver has broken out versus gold, meaning.
- 11:25It's set to. Outperform dramatically.
- 11:28Slingshot move OK the miners are breaking multi decade.
- 11:32Spreads versus gold poised to double relative value.
- 11:37OK, the historical precedent is stunning.
- 11:40I got something to show you comparing where we are now
- 11:43compared to the Hunt Brothers situation.
- 11:46When copper broke out from a 30 year range it quadrupled.
- 11:50OK, when lead did the same thing in 2007, it.
- 11:54Also quadrupled silver. Is now breaking out.
- 11:57Of a 50 year. Range.
- 11:59The potential is immense, OK. This is the start.
- 12:03Not the end I know it. Can it feel?
- 12:06Hard. Do you feel that way sometimes?
- 12:08Like. Oh, you know, silver.
- 12:09Doubled over the. Last year.
- 12:11Guys, this could really be the start.
- 12:13Not the end. Excuse me, I had to take a
- 12:21little. Sip of water OK, the capital is
- 12:23just starting to. Rotate in from inflated.
- 12:25Equities, think about that. The S&P and the 500 think about
- 12:28all the money. It's crazy.
- 12:32Some people say it's a bubble when just a just a fraction of
- 12:35that money comes in. To the, to the.
- 12:37Gold and silver sector from the S&P 500 in the NASDAQ.
- 12:41It's going to be like, it's going to be like a flood.
- 12:44It's going to be like trying to drain Hoover.
- 12:46Dam with a garden hose OK. Is it too late to invest the
- 12:50clear technical? Answer is no again.
- 12:53I'm not a financial advisor, I'm just telling you what they're.
- 12:55Saying, and I also happen to agree with that.
- 12:58The bottom line? The charts are screaming that
- 13:00it's a historic compressed repricing of silver and mining
- 13:06equities is imminent. This is a structural.
- 13:08Shift not a speculative spike. Being early feels late, but
- 13:14being late? Will be costly, let's.
- 13:16Watch 43 seconds. Hold on one second.
- 13:21I'm going to get this on full screen for you and hear what he.
- 13:24Said about. Silver and also about the mining
- 13:27stocks, OK, here we go guys. We'll probably see 200 bucks by
- 13:32the second quarter. Now I could be wrong.
- 13:37We might vastly overshoot and see something even higher than
- 13:39that. Let that one sink in.
- 13:45We again, Mr. Oliver. In all due respect, we hope
- 13:47you're. Wrong in this occasion that we
- 13:49do go higher. Well, seriously, So what this
- 13:53spread chart is telling us is that not only is gold shifting
- 13:58versus the stock market and silver and the miners are
- 14:02breaking out versus the stock market relative to gold itself,
- 14:06the miners are, we know they're cheap.
- 14:08Everybody talks about how cheap they are relative to their
- 14:11intrinsic. Value so this.
- 14:12Chart is showing you. The price?
- 14:15Of gold, I'm sorry, yeah, The price of gold compared to the
- 14:18miners, the XAU, which is the Philadelphia Gold and Silver
- 14:22Miners Index, as you can see, right, the the index itself
- 14:27relative to gold has been low. But what he's?
- 14:30Talking about over there on the right hand side, right is that
- 14:33it's starting to break out and man if those if those if those
- 14:39mining stocks. Get back to just.
- 14:41Even an average level we could hear it says right here breakout
- 14:45and expect open field running to the next resistance, meaning a
- 14:49rise more than doubling of miners.
- 14:52Versus gold because. Everybody's saying that,
- 14:54especially with silver, that the price of the metals has gone up
- 14:58so high, but in a lot of ways the miners have a.
- 15:01Lot. Of catching up to.
- 15:02Do right? Either that or the.
- 15:03Price of the metals comes down, it's going to get, it's going to
- 15:06get corrected one way or the, I think the latter, you know that
- 15:10the price of the miners catches up with the actual metals, are
- 15:13you? They're waking up and if they go
- 15:16through the top of that range, expect a gusher on the upside in
- 15:20terms of net price for the miners.
- 15:22And two, relative gain versus gold likely to be at least
- 15:26double if you're in the mining, if you're in the gold monetary
- 15:30metal sector, emphasis should be on silver.
- 15:33Silver. And miners.
- 15:35And miners, that's his opinion. OK, so super interesting. 200
- 15:41plus silver by next. Year I think we'll all be very,
- 15:46very happy with. That.
- 15:47And could it happen? Oh, no, it couldn't.
- 15:49I'm going to show you. I'm going to show.
- 15:50You something right now. That shows you baby, we ain't
- 15:53seen nothing. Yet when it comes.
- 15:55To the price. Of gold, but in particular in
- 15:59the price. Of Silver.
- 16:00Let's go on a little history trip back.
- 16:02To the Hunt Brother era, right, where silver skyrocketed from
- 16:06like under $5, over $50. And I want to show you something
- 16:10that to me, in no uncertain terms indicates we could be very
- 16:14early in 1980. OK, the hunt.
- 16:17Brothers Silver. Squeeze.
- 16:19Wasn't that crazy? Gold did. 4X in one year and
- 16:24we've basically, I don't know what we've done in the last
- 16:26year, but somewhere around doubled I know back in.
- 16:31About. Two years ago gold was, I don't
- 16:32know what, 19102 thousand an ounce, a little over double, but
- 16:36in one year back then gold did. 4X silver.
- 16:41Right, in one year did 10X OK 10 times.
- 16:46The price of silver went up 10 times, so I want you and and at
- 16:50the peak, the gold to silver ratio was 17 to.
- 16:52One I want you to think. About that, let's go out and
- 16:55look at this quickly. Again, our chart from.
- 16:59CNBC right that you know the price of silver.
- 17:02In one year. One year ago today we were about
- 17:05$30. Today we're at 68.
- 17:08We feel like. And you hear some people,
- 17:10somebody. Said it to me.
- 17:10Today, another very. Successful silver and gold
- 17:14YouTube. I was talking to a friend of
- 17:16mine. He was like, is it getting a
- 17:18little bubbly? It's so I'm like.
- 17:20I said I don't think silver is getting bubbly.
- 17:23It's only double right? Look at what happened during the
- 17:26Hunt Brothers era. The price of silver went up 10X.
- 17:30We went up 1. X this time OK.
- 17:32So if you. Compare what's happened right
- 17:35and and again. We've said this all along, the
- 17:38price of silver's had a pretty steady increase over the last
- 17:43year. It wasn't a super spike.
- 17:45Has it gone up dramatically? Absolutely.
- 17:48We won't argue that. But was it a straight up spike,
- 17:51you know, and what he's talking about or what we're?
- 17:53Looking at when we look at this. Is this fact that if there is a
- 17:57spike, if there really is like, it's a?
- 17:59Frenzy a scramble. They're starting to use that
- 18:02word. We used it first.
- 18:04Down here scramble there seems to it would be a.
- 18:07Scramble for precious metals. But if that scramble.
- 18:10Turns into a squeeze. We've not had a silver squeeze,
- 18:13guys. We haven't.
- 18:16Don't believe you know it's fun to.
- 18:18See it when it's in the. Headlines and all that great
- 18:21stuff, but if you look at what's happened over in the silver
- 18:24price over the last 18 months, it's not a squeeze.
- 18:27It might be a. Semi squeeze.
- 18:30It might be a. Squeeze a.
- 18:34Long term, you know, but it's been like.
- 18:37Periods of it's not. Been a straight up move.
- 18:41Now let's do some quick math because what he pointed out
- 18:43there as well, just for fun and games that during the Hunt
- 18:46Brothers era. The gold to silver ratio got to.
- 18:4917 to 1. If we divide the gold price.
- 18:534300 by 17. Oh boy.
- 18:56Well, maybe Mr. Oliver's correct, that would be.
- 19:00A $250 per oz silver price. Next we're going to.
- 19:05Go talk about gold. Confiscation and silver
- 19:08confiscation. And we're going to look at what
- 19:10happened in history and put it in kind of in the context of
- 19:13what's going on right now. I do want to say.
- 19:16Thank you to channel sponsor right there first.
- 19:18Mining. Gold.
- 19:19It's a stock. I've owned for years.
- 19:21I'm not a financial advisor. Do your own research.
- 19:23Always be responsible. But guys, they've got 2 huge
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- 19:37Oz of gold in the ground. Spring pool in Ontario.
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- 19:43Out their website. Firstmininggold.com You know
- 19:46what? Let's go on a field trip.
- 19:47I'm going to show you Firstmint's website which is
- 19:51right here talked about them. Earlier.
- 19:54That's first. Mint.com and if you want to
- 19:57learn about first mining gold, you can go here to 1st Mining
- 20:02Gold. Yep, let's get it on the right
- 20:04screen and there. You go, you've got.
- 20:06It OK. Now let's talk about.
- 20:09We're going to go here, right? One of the coolest, most loved
- 20:13people in the precious metal sector, Vince Lancey put this
- 20:16out and this makes sense in the within, the within where we are
- 20:20now, he said. Once you understand.
- 20:22What gold confiscated was really about?
- 20:25From the confiscators perspective, from the
- 20:28government's perspective, the next five years become easy to
- 20:32see. And there it.
- 20:33Is right there. Wow, Can you imagine that 19?
- 20:3533 Executive order. 61-O2 turn in your gold.
- 20:41Or you can have a $10,000. Fine, which was a lot of money
- 20:45back then. Right, we know the dollars
- 20:47crashed in value. What $10,000 in 1933 I'd imagine
- 20:51is. Probably 100 or 200. 1000 in
- 20:54today's dollars or go to prison for 10 years.
- 20:57Can you imagine that right either?
- 20:59Turn in your medals or go to prison.
- 21:01Now this. Is where it's interesting.
- 21:04In 1933, Roosevelt issued Executive Order Six One O 2,
- 21:08making it illegal for U.S. citizens to own gold coins or
- 21:12bullion. You turn it all into the
- 21:15government or face 10 years in prison.
- 21:17The government. Paid you this is where.
- 21:19It's interesting. So the government paid you?
- 21:21$20.60. Seven cents an ounce.
- 21:25Once they had all the gold. OK, they immediately.
- 21:29Raised the price to $35 per. Oz So they took.
- 21:33Everybody's gold, right? Which they were.
- 21:36Using to back the dollar paid you $20 and then once they.
- 21:40Had it, They said, oh guess what, Now that we have all the
- 21:42gold, it's worth $35. They basically printed money
- 21:47instantly devaluing. Everyone's paper money and
- 21:50making the government rich. It was the greatest.
- 21:53Wealth heist in American history and it's got to get us thank
- 21:58with all of the right now what we're facing right with, with
- 22:03all the central banks acquiring so much gold.
- 22:05It's not out of the realm of possibility.
- 22:07I get the question all the time. We can't.
- 22:10Out out rule the. Government may not.
- 22:12Confiscate gold or silver. I'm not saying it's going to
- 22:15happen. I'm not in.
- 22:16Favor of it, and I think there would be.
- 22:18Massive backlash from the precious metals community, but
- 22:21that's why they did it. And that's that gives them this
- 22:24ability. Right people talk about.
- 22:26Even now. If we do have one of those. 8000
- 22:29metric tons of gold in Fort Knox.
- 22:32That they could revalue it to revalue gold to. $20,000 an
- 22:37ounce or even higher and that that could.
- 22:39Be a way. For them to essentially print
- 22:41money. So very interesting.
- 22:43Don't forget. I've said this for years.
- 22:46The world has never. Really.
- 22:49Gone. Off the gold standard, OK.
- 22:51Gold and silver have always look at the look at that chart we
- 22:54looked at. Earlier of the most.
- 22:56Valuable companies and assets. In the world right gold #1
- 23:00Silver number what, 4? Right.
- 23:03OK, it's gold and silver have all.
- 23:05We've always, I think we always have been.
- 23:08I think we always will be. That's just my opinion.
- 23:11And I think that when they start to tokenize gold and silver even
- 23:14more in the coming years and decades.
- 23:17It's going to it's that's, that's the Monet re
- 23:19monetization. Of gold and.
- 23:21Silver, it's super exciting. I'm sorry I get a little.
- 23:24Passionate about it? Hey guys, don't forget quickly.
- 23:28I'm not sponsored by this charity or anything like that,
- 23:30I'm just doing it because I believe in it.
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- 23:36doing to help children all around the world.
- 23:39If you want to do something nice, want to do something
- 23:41charitable, please check them out.
- 23:43I believe in the charity 100% and I think that they're doing
- 23:47great work for children all around the world.
- 23:50Let's talk about, you know, the king of.
- 23:53Silver right this this is probably a guy if you asked the
- 23:57people that we really. Look up to in the.
- 23:59World of Silver Who? Who do you?
- 24:01Look up to and they. Would say Eric.
- 24:03Sprott and Eric Sprott brought up something really shocking.
- 24:07OK. We've been hearing.
- 24:09About the industrial uses for silver for years.
- 24:12Recently, there's been renewed emphasis placed on solid-state
- 24:16batteries. These are the batteries.
- 24:18That they're putting into the future electric vehicles and
- 24:23from what we're what we're. Understanding.
- 24:24At this point, in particular with Samsung.
- 24:27Is that these batteries could use up to each car each
- 24:31electric. Car that's produced could use up
- 24:34to 1 kilogram of. Silver each.
- 24:36That's like over 30. Ounces of silver.
- 24:40Per car. And it's shocking.
- 24:42I'm going to. Let Eric Sprott say it.
- 24:44I've got a little video first to watch but it's.
- 24:46Shocking to hear what? That could.
- 24:48Do from a demand. Perspective for silver.
- 24:51And you know. That if this comes to fruition.
- 24:55And there's more and more people right pointing in the direction
- 24:58that it will. It could be.
- 25:00Something cataclysmic for the silver.
- 25:03Market. Let's see what Eric.
- 25:04Has to say and he's with looks like Craig Hempke and this was
- 25:10posted by Wall Street. Gold.
- 25:12OK, we'll read. That in a minute, let's listen
- 25:14to Mr. Eric Spratt. Yeah, well, guy, Samsung
- 25:20develops a battery that charges in 9 minutes.
- 25:24Can anybody figure out why that's a good thing, right?
- 25:27It goes 900 kilometers. Can anyone figure out why that's
- 25:30a world change? And they, they use a kilogram of
- 25:35silver in this solid-state battery.
- 25:37By the way, they use manganese too, which I'm a big owner of
- 25:40not the metal, but the company's.
- 25:44And they say if, if, if, if that could capture 20% of the
- 25:48electric vehicle market, it would consume all of the silver
- 25:53produced in a year. Did did you hear that right if
- 25:57these new batteries capture just 20%?
- 26:01Of the electric vehicle market they would consume.
- 26:04All the silver produced. In an entire year, you know
- 26:09what? I'm going to let him say it one
- 26:10more time that I won't interrupt him anymore.
- 26:14If that could capture 20% of the electric vehicle market, it
- 26:19would consume all of the silver produced in a year.
- 26:21My goodness gracious. Yeah, and that's just that.
- 26:25That's just that bad solar. Panels No.
- 26:30Electronics, is it any wonder that these Asian countries keep
- 26:34buying these materials? So I think that's a big, big
- 26:40change that's coming and they're going to be starting to produce
- 26:43these things, I think for consumption, 28 vehicles.
- 26:46So that's 27 production, which means maybe buying the metal in
- 26:5126 to make sure you got enough and oh, was there a shortage?
- 26:55Yes, there is while you're screwed already.
- 26:57OK, wow, I didn't think about that right.
- 27:01Like he said, think about the. Hold on here.
- 27:05Hold on. I'll be right.
- 27:05Back I lost. You for a second.
- 27:07Hopefully you guys can still see me and hear me.
- 27:10These solid-state batteries, Yeah, and I've heard that like
- 27:12Lexus last. I heard Toyota's luxury brand
- 27:16Lexus is going to be the first to roll these out, and I've
- 27:19heard 2028 if they're going to be.
- 27:21Selling the. Cars in 2028, They'll be
- 27:24produced in 2027 and like. Eric Spratt said they'll need to
- 27:28get the silver in 2026. And like we talked about
- 27:32yesterday or the day before, now it's being reported that Samsung
- 27:36has invested $7,000,000 into a silver.
- 27:39Mine in. Mexico think about what's
- 27:41happening and on top of that, I we haven't even I just hit me.
- 27:45We're always down here talking about.
- 27:47We know China. Right.
- 27:48Love silver and gold. They happened.
- 27:50We know that whole story. Right, we know India.
- 27:53Love silver. We talked about that earlier.
- 27:55On top of that, we never talk about South Korea.
- 28:00Add them to the list. The growing list of countries
- 28:06right that are that are gobbling are going to be gobbling up the
- 28:09world's silver supply. I mean.
- 28:12Every way you look at it, it's just.
- 28:14Absolutely incredible man. It's going to be fun.
- 28:17Don't forget also. Guys, it's the holiday season if
- 28:20you're interested, please. Check out a Dirty Man Safe if
- 28:24you're looking for a unique and special way similar.
- 28:27To what? The Pirates.
- 28:28Did OK to store something that's.
- 28:31Very valuable to you. Dirty, dirty man.
- 28:34Safes are safes that you. Bury in the ground here, I'll
- 28:38show you this one real quick. There it is, right there I love.
- 28:41These things, they're awesome. OK, there is a discount code Ron
- 28:4510 so don't. Forget that I'd highly.
- 28:48Recommend you check them out. You know, probably could get it
- 28:52shipped and and print out a picture and put it in a box and
- 28:56give it to somebody that you love and say here this is coming
- 28:58in a couple. Days.
- 28:59OK, might be. Too late to get one with
- 29:01shipping now. Maybe not, I could be wrong.
- 29:04All right, guys. Thanks for joining me down here
- 29:05in the basement this. Was a snap live stream.
- 29:08But man. We've got so much.
- 29:10Can you believe, huh? Think about this.
- 29:13I want you to think about a #67 with the silver.
- 29:19Price per oz. Is $67.
- 29:22Don't forget last year today. Right.
- 29:26I did a live. Stream and the Silver.
- 29:28Price was at. Best in the low. 30s.
- 29:31OK. Guys, this is this.
- 29:33Is historic times that we are living through right now in the.
- 29:39World of Silver, we've got one of the top respected analyst.
- 29:43Again, so important for us to remember.
- 29:45Michael Oliver Many. Times over the.
- 29:48Years. This guy's Eric Sprott, who we
- 29:50just listened. To talks about Michael Oliver.
- 29:53OK, it's somebody. He respects.
- 29:55And Michael Oliver. Many times in the past it said
- 29:58that he thought the price of gold and silver we're going to
- 30:00go. Down OK because of.
- 30:03Looking at the. Charts and looking at all the
- 30:04factors involved, he's telling us that in.
- 30:07Early 2026 that we can have silver at over $200 per oz but
- 30:15we know that it's not out of the realm of possibilities because
- 30:19look I know it feels like oh silver so high and it it's.
- 30:22It's an all time high. Well, not when you adjust it for
- 30:25inflation and and it's especially not when you adjust
- 30:29it for the. Real inflation numbers when you
- 30:31do that. Right, you get a silver price
- 30:34that could be. Well over 100 some.
- 30:36People say even well over 2. $100 per oz.
- 30:40It's real. It's happening.
- 30:42OK, just from a. Just from a current perspective.
- 30:46And then we listen to people like Eric Spratt talking about
- 30:49solid-state batteries if 20% of the future.
- 30:53Electric cars, but use the solid-state batteries that
- 30:56would. Consume an entire year's worth
- 30:58of silver production. But wait, there's more.
- 31:01OK. Because the amount of silver
- 31:03being produced has been going down, down, down the mining.
- 31:08Sector because our. Friends at the Comex and the
- 31:10LBMA had artificially manipulated the.
- 31:13Price of gold and. Silver down for decades.
- 31:16Nobody invested. Very few.
- 31:18Only the. Smartest of the smart right
- 31:20people like. Keith Newmeyer, People like Sean
- 31:23Koon. Koon.
- 31:24People like I can't. All the names out.
- 31:27There, that got the people that were ahead of the curve.
- 31:31We're investing in but but there were very, very few.
- 31:35So when this? Massive tidal.
- 31:37Wave don't tell anybody of. Demand for silver comes in,
- 31:41they're not going to be able to fulfill it, OK, and it's going
- 31:44to take. Years and years and years for
- 31:47the mining sector to catch up. That's just a fact.
- 31:50I think we're sitting pretty right.
- 31:52There's going to be bumps in the road.
- 31:53There's going to be days when we're down here saying, Oh my
- 31:55gosh, is it over? Is it over?
- 31:57Oh, you know. Silver.
- 31:59'S down right, don't worry. Don't.
- 32:01Worry I when I look at the big picture.
- 32:04When I look out where, where do? You think silver's going to be
- 32:0710 years from now? Where do you think gold's going
- 32:09to be 10 years from now? We know.
- 32:12OK, we know. Thanks for joining me down here
- 32:15in the basement, please again. Subscribe to the channel.
- 32:17It's free, you just. Press the subscribe.
- 32:20And then you press the little bell next to it.
- 32:22That way you'll get notified. But most important, thank you
- 32:25for giving me your time, for joining us down here in the
- 32:28basement. On behalf of myself and Susie,
- 32:30we'd like to wish. You a.
- 32:31Happy holiday season and let you know that we're looking.
- 32:35Forward to seeing you. Yes, you, next time, have a
- 32:39great night. I'll see you soon.