Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / **Silver $200+ SOON!** 🐄🐄 You BEST Listen to This GURU - (Gold Price News Update)

Transcript

**Silver $200+ SOON!** 🐄🐄 You BEST Listen to This GURU - (Gold Price News Update) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  $200 per oz silver or more by early next year.
• 0:08
  Do you believe it? This is coming from one of the.
• 0:11
  Top analysts one of the most respected names besides you.
• 0:14
  And me in the precious metal sector, he's telling us why we
• 0:18
  could get 2. $100 plus silver as early as April.
• 0:22
  Or May of next year. And then it could even go much
• 0:25
  higher. We're going to.
• 0:26
  Dig into all the details of that.
• 0:28
  But another probably the king of precious metals.
• 0:32
  A lot of people consider him to be He's talking about one source
• 0:37
  of demand. For silver.
• 0:39
  Right, one source that if it's. They could take up the entire
• 0:43
  year as. Mine supply.
• 0:44
  It's mind blowing what's going on.
• 0:46
  Guys, and we've got more to talk about.
• 0:48
  Confiscation and a whole lot more.
• 0:50
  The biggest thing we want to? Talk about is you.
• 0:53
  Yeah, you. Thank you for joining me down
• 0:54
  here in the basement. I really appreciate it, your
• 0:57
  support, our camaraderie as we navigate.
• 1:00
  Negate these choppy waters, although it's been kind of
• 1:03
  smooth sailing. Lately for silver and gold,
• 1:07
  you're important, you matter, and I really appreciate you
• 1:10
  giving your time choosing to. Be here Please subscribe.
• 1:13
  To the channel it's. Free.
• 1:14
  Everything's free. In Ron's basement, give the
• 1:17
  video a. Thumbs up.
• 1:18
  Share it with your friends. Leave a.
• 1:20
  Comment in the comments. Section Let's start digging.
• 1:22
  And we're going to look at some other things first, then we're
• 1:25
  going to get to this $200 plus per oz Silver call.
• 1:30
  Trying to get the tech work in here.
• 1:31
  Hopefully you guys can see me and hear me.
• 1:34
  I can see you. Yeah, you.
• 1:36
  Thank you very much. All right, let's pull this up.
• 1:39
  Well, what the heck. Since we're here, we'll talk
• 1:41
  about this. Silver in the spot market on
• 1:45
  Friday closed. At oh, only $67.
• 1:48
  And $0.22, you know what? Since we're out here, let's go
• 1:52
  ahead. And check.
• 1:53
  And see what the. Futures closed at. $67.40 So we
• 1:57
  are in the normal state of what is called Tango in the in the
• 2:02
  silver market, but we were getting into a bit of
• 2:05
  backwardation earlier in the week.
• 2:07
  But what I really want to talk about, hey, look, we.
• 2:09
  Talk about this all the. Time what could.
• 2:11
  Be one of the biggest, not the one that the the king of silver
• 2:15
  and gold are going to tell us about later.
• 2:17
  But one of the. Biggest sources of overwhelming.
• 2:20
  Demand, right? It's when the general.
• 2:22
  Public wake up when the other 9596% of people right those
• 2:28
  neighbors of yours who maybe laughed at you just.
• 2:31
  One short year ago when you talked about silver all the
• 2:34
  time. Yeah, they talk behind your
• 2:36
  back. Trust.
• 2:37
  Me. I can tell you some stories.
• 2:40
  Probably about what my. Neighbors said about me.
• 2:43
  Behind my back. But when those people wake up?
• 2:45
  Who we affectionately. Refer to as the.
• 2:50
  Sheeple. It could be a flood.
• 2:53
  Of new money. On top of.
• 2:55
  Everything else coming into silver and that's.
• 2:57
  Going to happen. When the.
• 2:58
  Mainstream media wakes up. In the mainstream media.
• 3:02
  We can't say they've woken up, but they're getting close.
• 3:05
  Here's a little proof for you, right?
• 3:06
  Now this comes from they change their logo on us, CNBC, Kelly
• 3:12
  Evans, she's like. Like a high profile.
• 3:15
  Financial. Journalist at CNBC, she has a
• 3:20
  headline. Do you read that?
• 3:21
  Does that say? What's that word?
• 3:24
  CNBC headline silver and wow OK and we're not going to go too
• 3:29
  deep into it, but she. Talks about this guy.
• 3:31
  From Goldman. Sachs blah blah blah.
• 3:34
  And he said this, he said that in yellow, if it's on the
• 3:37
  periodic table, which silver is, I think it's #47 and it has an
• 3:42
  atomic number attached to it. It's the debasement trade.
• 3:46
  Hey, they stole our name. Now they're calling silver by
• 3:49
  its proper. Name the debasement trade in
• 3:52
  green. Then he says.
• 3:53
  And there are two dynamics driving the current debasement
• 3:57
  trade. One source of demand is coming
• 4:00
  from anyone who wants to own something quote UN quote.
• 4:04
  Money. Like other than Fiat currency,
• 4:08
  other than paper, make believe fantasy.
• 4:11
  Island. Money.
• 4:11
  OK. So that's number one.
• 4:13
  Number two is is coming from countries.
• 4:18
  Like China and Russia. That are trying to.
• 4:22
  De dollarize so they can't be subjected.
• 4:26
  To U.S. financial sanctions, very interesting.
• 4:29
  He forgets to throw. India in there?
• 4:31
  Who's? Kind of on the.
• 4:32
  Bubble but India? Also has what?
• 4:34
  Only 1.4 billion people. They've only imported record
• 4:38
  amounts of silver. Oh.
• 4:39
  And by the way, while you're at it, who is this?
• 4:42
  Let's give him credit. Hold on.
• 4:43
  He was the guy by Jeff Curry. By the way, Mr. Curry, There's
• 4:47
  something else. Going on in the world of silver
• 4:50
  and that is in January, China. Our friends in China.
• 4:54
  In the Shanghai. Gold Exchange.
• 4:56
  Oh, they just. Are implementing.
• 4:58
  Quietly. Nobody's talking about it too
• 5:00
  much. Right, export controls.
• 5:03
  They're basically saying. Oh, we want to keep our silver.
• 5:06
  Sorry. If you want silver.
• 5:08
  So that's that, man. We got a lot.
• 5:09
  To cover SO. This is big news.
• 5:11
  Breaking news, breaking news, and I'll tell you the reason
• 5:16
  why. In in one second.
• 5:18
  Why this? Is a huge deal.
• 5:20
  But you probably maybe. You haven't, but if you have, if
• 5:23
  you have not, you're going to see it for the first time.
• 5:25
  I've seen this table. This table is commonly showed in
• 5:28
  the financial world. It shows the market cap of.
• 5:31
  All the world's. Biggest assets and companies.
• 5:34
  OK, gold is up. There OK #141 trillion dollars.
• 5:40
  But where do you think your friend Silver is?
• 5:42
  Huh. Well.
• 5:43
  Look what happened. OK, hold on.
• 5:47
  What did I do? Hold on here.
• 5:49
  If I go back, did I screw that? Up what is happening here?
• 5:54
  Hold on, hold on guys, let's go. I'm going to put you back on the
• 5:58
  screen for a second and let's pull this.
• 6:01
  Back up. Sorry about that.
• 6:06
  Here it is OK. I'm going to have you right.
• 6:09
  Back there lickety split, here we are.
• 6:14
  Hold on here. OK, now you should be back on
• 6:18
  the right screen. I don't know what happened
• 6:19
  there. I apologize.
• 6:21
  Technical difficulties. Gold is at #1 on the table.
• 6:25
  Make sure we got. You on there, which we do
• 6:27
  hopefully you guys can see me and hear me right now sometimes
• 6:31
  it. Gets the tech, gets a little
• 6:33
  screwed. Up Gold's number one NVIDIA #2
• 6:37
  apple #3 look. Who moved?
• 6:40
  Up the number four, and this is big news.
• 6:43
  I'm going to tell you why. Silver is now the 4th largest
• 6:47
  asset in. The world.
• 6:49
  Congratulations to Silver. Now why?
• 6:52
  This is a big. Deal now, somebody astutely
• 6:55
  pointed. This out?
• 6:56
  I'll see. If I can give them credit,
• 6:58
  here's another one from. Josh Fair.
• 7:02
  Right silver, fourth biggest market cap in the world right
• 7:04
  now. Here we go, right?
• 7:07
  Here, investor Sanchez think about.
• 7:09
  This. He said once Silver crosses
• 7:12
  NVIDIA, it will get the attention of the masses the the
• 7:17
  common people, right the mainstream.
• 7:19
  Media. So think about that.
• 7:21
  Look back at this chart. And are we that far?
• 7:23
  We're not that far behind, guys. We're at 5:00.
• 7:27
  This is Canadian dollars. We're in 5 trillion Canadian
• 7:30
  dollars. Apples.
• 7:31
  Right in our sights. And NVIDIA is not that far
• 7:35
  behind when silver. Becomes the second most.
• 7:38
  Valuable asset in the world. Right, It's going to get massive
• 7:42
  attention. It's going to be a huge, huge
• 7:44
  deal. OK, next we're going to talk
• 7:46
  about 200 plus silver by 2026. You got that right.
• 7:50
  But if you want to get some silver right now, I want to say
• 7:53
  thank you to Channel. Sponsor first Mint.
• 7:55
  There a silver mint in the United States in Las Vegas, NV.
• 7:59
  Creating some of the coolest. Silver products you're ever.
• 8:02
  Going to see. This is their 10 oz.
• 8:05
  Folds of Honor bar. That's a folded American flag.
• 8:08
  I can't hold this up too much longer.
• 8:10
  It's so darn heavy. Man you.
• 8:12
  Love the feel of silver, right? But they've got silver.
• 8:15
  Rounds, they've got silver. Bars.
• 8:17
  They have some other special products.
• 8:19
  All. Kinds of great stuff, all unique
• 8:21
  all. Created by them and all. 1st.
• 8:24
  Class OK, the whole experience, the products.
• 8:27
  Are great. The prices are great, the
• 8:29
  shipping comes, the boxes come. It feels like it's, I mean the
• 8:33
  I've bought silver for years. On the Internet and.
• 8:37
  I've had all types of packaging. Experiences the packaging.
• 8:40
  Experience I get with. First, Mint is like, it's like,
• 8:42
  it's like I'm getting an Apple product or something.
• 8:44
  It's really, really. Cool, but what's?
• 8:47
  Best is inside. Because you're getting silver,
• 8:50
  the freshest silver, you're going to get that silver and say
• 8:52
  wow, this feels fresher. Than any other silver I've ever.
• 8:55
  Had because first. Mint is owned.
• 8:57
  By First Majestic. Silver who mines the silver in
• 9:01
  Mexico, ships it to Las Vegas, NV and then it goes straight to
• 9:05
  you from the mine to the mint to you.
• 9:08
  If you ever heard of the Comex or the LBMA, those paper
• 9:12
  markets. Those.
• 9:13
  Places where they some people. Have speculated that possibly.
• 9:18
  They've manipulated. The price of silver for years.
• 9:21
  Well, guess what? Here's the good news with First
• 9:24
  Mint right It's. Going from the mine to the mint
• 9:27
  to you and. Right, you can get a little.
• 9:29
  Discount with a special code because you are.
• 9:32
  VIP OK VIPRB. Think Ron's basement.
• 9:37
  VIP. RB Thank you.
• 9:39
  First Mint, there's their logo. First, mint.com.
• 9:42
  You can go check them out for yourself.
• 9:43
  Let's talk. About why right we're.
• 9:46
  Going to look. At the reasons why we could
• 9:48
  have. $200 silver. Buy early.
• 9:53
  Sometime first half of 2026. This is coming from Michael
• 9:58
  Oliver, one of the most respected analyst in the
• 10:02
  precious metal sector. But what's even more important
• 10:04
  to remember about him? So I've been following him for a
• 10:07
  decade longer. He many times would say he
• 10:12
  thinks the price of gold's going to go down.
• 10:14
  He thinks the price he's not permanently.
• 10:16
  He loves gold and silver. But he's also very, very.
• 10:20
  Honest in his old many times in the past that he thought the
• 10:23
  price was was going to struggle or go down now he's talking
• 10:27
  about $200 silver by early next year let's dig in I'll.
• 10:32
  Read fast, but this is worth reading.
• 10:34
  Then we're. Going to listen to him for about
• 10:35
  one minute. He says we'll probably see.
• 10:39
  Hold on here, Here we go. Yep, we'll probably see.
• 10:42
  I'll start here. $200 silver. By the second quarter, now I
• 10:47
  could. Be wrong.
• 10:49
  We might vastly overshoot. Well, we hope you're.
• 10:53
  Wrong if that's the. Case and see something even
• 10:56
  higher than that. Be in silver, be in the minors
• 10:58
  now. Michael Oliver from Momentum
• 11:01
  Structure Analysis. This is the breakout.
• 11:04
  From 1/2 century trading range for. 50 years silver.
• 11:08
  Has been contained that containment is now failing OK,
• 11:12
  why this time is structurally different.
• 11:14
  Gold broke out versus the S&P 500 on a spread basis, signaling
• 11:19
  a major. Asset class.
• 11:21
  Rotation silver has broken out versus gold, meaning.
• 11:25
  It's set to. Outperform dramatically.
• 11:28
  Slingshot move OK the miners are breaking multi decade.
• 11:32
  Spreads versus gold poised to double relative value.
• 11:37
  OK, the historical precedent is stunning.
• 11:40
  I got something to show you comparing where we are now
• 11:43
  compared to the Hunt Brothers situation.
• 11:46
  When copper broke out from a 30 year range it quadrupled.
• 11:50
  OK, when lead did the same thing in 2007, it.
• 11:54
  Also quadrupled silver. Is now breaking out.
• 11:57
  Of a 50 year. Range.
• 11:59
  The potential is immense, OK. This is the start.
• 12:03
  Not the end I know it. Can it feel?
• 12:06
  Hard. Do you feel that way sometimes?
• 12:08
  Like. Oh, you know, silver.
• 12:09
  Doubled over the. Last year.
• 12:11
  Guys, this could really be the start.
• 12:13
  Not the end. Excuse me, I had to take a
• 12:21
  little. Sip of water OK, the capital is
• 12:23
  just starting to. Rotate in from inflated.
• 12:25
  Equities, think about that. The S&P and the 500 think about
• 12:28
  all the money. It's crazy.
• 12:32
  Some people say it's a bubble when just a just a fraction of
• 12:35
  that money comes in. To the, to the.
• 12:37
  Gold and silver sector from the S&P 500 in the NASDAQ.
• 12:41
  It's going to be like, it's going to be like a flood.
• 12:44
  It's going to be like trying to drain Hoover.
• 12:46
  Dam with a garden hose OK. Is it too late to invest the
• 12:50
  clear technical? Answer is no again.
• 12:53
  I'm not a financial advisor, I'm just telling you what they're.
• 12:55
  Saying, and I also happen to agree with that.
• 12:58
  The bottom line? The charts are screaming that
• 13:00
  it's a historic compressed repricing of silver and mining
• 13:06
  equities is imminent. This is a structural.
• 13:08
  Shift not a speculative spike. Being early feels late, but
• 13:14
  being late? Will be costly, let's.
• 13:16
  Watch 43 seconds. Hold on one second.
• 13:21
  I'm going to get this on full screen for you and hear what he.
• 13:24
  Said about. Silver and also about the mining
• 13:27
  stocks, OK, here we go guys. We'll probably see 200 bucks by
• 13:32
  the second quarter. Now I could be wrong.
• 13:37
  We might vastly overshoot and see something even higher than
• 13:39
  that. Let that one sink in.
• 13:45
  We again, Mr. Oliver. In all due respect, we hope
• 13:47
  you're. Wrong in this occasion that we
• 13:49
  do go higher. Well, seriously, So what this
• 13:53
  spread chart is telling us is that not only is gold shifting
• 13:58
  versus the stock market and silver and the miners are
• 14:02
  breaking out versus the stock market relative to gold itself,
• 14:06
  the miners are, we know they're cheap.
• 14:08
  Everybody talks about how cheap they are relative to their
• 14:11
  intrinsic. Value so this.
• 14:12
  Chart is showing you. The price?
• 14:15
  Of gold, I'm sorry, yeah, The price of gold compared to the
• 14:18
  miners, the XAU, which is the Philadelphia Gold and Silver
• 14:22
  Miners Index, as you can see, right, the the index itself
• 14:27
  relative to gold has been low. But what he's?
• 14:30
  Talking about over there on the right hand side, right is that
• 14:33
  it's starting to break out and man if those if those if those
• 14:39
  mining stocks. Get back to just.
• 14:41
  Even an average level we could hear it says right here breakout
• 14:45
  and expect open field running to the next resistance, meaning a
• 14:49
  rise more than doubling of miners.
• 14:52
  Versus gold because. Everybody's saying that,
• 14:54
  especially with silver, that the price of the metals has gone up
• 14:58
  so high, but in a lot of ways the miners have a.
• 15:01
  Lot. Of catching up to.
• 15:02
  Do right? Either that or the.
• 15:03
  Price of the metals comes down, it's going to get, it's going to
• 15:06
  get corrected one way or the, I think the latter, you know that
• 15:10
  the price of the miners catches up with the actual metals, are
• 15:13
  you? They're waking up and if they go
• 15:16
  through the top of that range, expect a gusher on the upside in
• 15:20
  terms of net price for the miners.
• 15:22
  And two, relative gain versus gold likely to be at least
• 15:26
  double if you're in the mining, if you're in the gold monetary
• 15:30
  metal sector, emphasis should be on silver.
• 15:33
  Silver. And miners.
• 15:35
  And miners, that's his opinion. OK, so super interesting. 200
• 15:41
  plus silver by next. Year I think we'll all be very,
• 15:46
  very happy with. That.
• 15:47
  And could it happen? Oh, no, it couldn't.
• 15:49
  I'm going to show you. I'm going to show.
• 15:50
  You something right now. That shows you baby, we ain't
• 15:53
  seen nothing. Yet when it comes.
• 15:55
  To the price. Of gold, but in particular in
• 15:59
  the price. Of Silver.
• 16:00
  Let's go on a little history trip back.
• 16:02
  To the Hunt Brother era, right, where silver skyrocketed from
• 16:06
  like under $5, over $50. And I want to show you something
• 16:10
  that to me, in no uncertain terms indicates we could be very
• 16:14
  early in 1980. OK, the hunt.
• 16:17
  Brothers Silver. Squeeze.
• 16:19
  Wasn't that crazy? Gold did. 4X in one year and
• 16:24
  we've basically, I don't know what we've done in the last
• 16:26
  year, but somewhere around doubled I know back in.
• 16:31
  About. Two years ago gold was, I don't
• 16:32
  know what, 19102 thousand an ounce, a little over double, but
• 16:36
  in one year back then gold did. 4X silver.
• 16:41
  Right, in one year did 10X OK 10 times.
• 16:46
  The price of silver went up 10 times, so I want you and and at
• 16:50
  the peak, the gold to silver ratio was 17 to.
• 16:52
  One I want you to think. About that, let's go out and
• 16:55
  look at this quickly. Again, our chart from.
• 16:59
  CNBC right that you know the price of silver.
• 17:02
  In one year. One year ago today we were about
• 17:05
  $30. Today we're at 68.
• 17:08
  We feel like. And you hear some people,
• 17:10
  somebody. Said it to me.
• 17:10
  Today, another very. Successful silver and gold
• 17:14
  YouTube. I was talking to a friend of
• 17:16
  mine. He was like, is it getting a
• 17:18
  little bubbly? It's so I'm like.
• 17:20
  I said I don't think silver is getting bubbly.
• 17:23
  It's only double right? Look at what happened during the
• 17:26
  Hunt Brothers era. The price of silver went up 10X.
• 17:30
  We went up 1. X this time OK.
• 17:32
  So if you. Compare what's happened right
• 17:35
  and and again. We've said this all along, the
• 17:38
  price of silver's had a pretty steady increase over the last
• 17:43
  year. It wasn't a super spike.
• 17:45
  Has it gone up dramatically? Absolutely.
• 17:48
  We won't argue that. But was it a straight up spike,
• 17:51
  you know, and what he's talking about or what we're?
• 17:53
  Looking at when we look at this. Is this fact that if there is a
• 17:57
  spike, if there really is like, it's a?
• 17:59
  Frenzy a scramble. They're starting to use that
• 18:02
  word. We used it first.
• 18:04
  Down here scramble there seems to it would be a.
• 18:07
  Scramble for precious metals. But if that scramble.
• 18:10
  Turns into a squeeze. We've not had a silver squeeze,
• 18:13
  guys. We haven't.
• 18:16
  Don't believe you know it's fun to.
• 18:18
  See it when it's in the. Headlines and all that great
• 18:21
  stuff, but if you look at what's happened over in the silver
• 18:24
  price over the last 18 months, it's not a squeeze.
• 18:27
  It might be a. Semi squeeze.
• 18:30
  It might be a. Squeeze a.
• 18:34
  Long term, you know, but it's been like.
• 18:37
  Periods of it's not. Been a straight up move.
• 18:41
  Now let's do some quick math because what he pointed out
• 18:43
  there as well, just for fun and games that during the Hunt
• 18:46
  Brothers era. The gold to silver ratio got to.
• 18:49
  17 to 1. If we divide the gold price.
• 18:53
  4300 by 17. Oh boy.
• 18:56
  Well, maybe Mr. Oliver's correct, that would be.
• 19:00
  A $250 per oz silver price. Next we're going to.
• 19:05
  Go talk about gold. Confiscation and silver
• 19:08
  confiscation. And we're going to look at what
• 19:10
  happened in history and put it in kind of in the context of
• 19:13
  what's going on right now. I do want to say.
• 19:16
  Thank you to channel sponsor right there first.
• 19:18
  Mining. Gold.
• 19:19
  It's a stock. I've owned for years.
• 19:21
  I'm not a financial advisor. Do your own research.
• 19:23
  Always be responsible. But guys, they've got 2 huge
• 19:28
  projects. In Canada, development stage
• 19:31
  gold projects in Canada with massive deposits of gold in the
• 19:35
  ground. Both projects have millions of
• 19:37
  Oz of gold in the ground. Spring pool in Ontario.
• 19:41
  Du Parquet located in Quebec, you can check.
• 19:43
  Out their website. Firstmininggold.com You know
• 19:46
  what? Let's go on a field trip.
• 19:47
  I'm going to show you Firstmint's website which is
• 19:51
  right here talked about them. Earlier.
• 19:54
  That's first. Mint.com and if you want to
• 19:57
  learn about first mining gold, you can go here to 1st Mining
• 20:02
  Gold. Yep, let's get it on the right
• 20:04
  screen and there. You go, you've got.
• 20:06
  It OK. Now let's talk about.
• 20:09
  We're going to go here, right? One of the coolest, most loved
• 20:13
  people in the precious metal sector, Vince Lancey put this
• 20:16
  out and this makes sense in the within, the within where we are
• 20:20
  now, he said. Once you understand.
• 20:22
  What gold confiscated was really about?
• 20:25
  From the confiscators perspective, from the
• 20:28
  government's perspective, the next five years become easy to
• 20:32
  see. And there it.
• 20:33
  Is right there. Wow, Can you imagine that 19?
• 20:35
  33 Executive order. 61-O2 turn in your gold.
• 20:41
  Or you can have a $10,000. Fine, which was a lot of money
• 20:45
  back then. Right, we know the dollars
• 20:47
  crashed in value. What $10,000 in 1933 I'd imagine
• 20:51
  is. Probably 100 or 200. 1000 in
• 20:54
  today's dollars or go to prison for 10 years.
• 20:57
  Can you imagine that right either?
• 20:59
  Turn in your medals or go to prison.
• 21:01
  Now this. Is where it's interesting.
• 21:04
  In 1933, Roosevelt issued Executive Order Six One O 2,
• 21:08
  making it illegal for U.S. citizens to own gold coins or
• 21:12
  bullion. You turn it all into the
• 21:15
  government or face 10 years in prison.
• 21:17
  The government. Paid you this is where.
• 21:19
  It's interesting. So the government paid you?
• 21:21
  $20.60. Seven cents an ounce.
• 21:25
  Once they had all the gold. OK, they immediately.
• 21:29
  Raised the price to $35 per. Oz So they took.
• 21:33
  Everybody's gold, right? Which they were.
• 21:36
  Using to back the dollar paid you $20 and then once they.
• 21:40
  Had it, They said, oh guess what, Now that we have all the
• 21:42
  gold, it's worth $35. They basically printed money
• 21:47
  instantly devaluing. Everyone's paper money and
• 21:50
  making the government rich. It was the greatest.
• 21:53
  Wealth heist in American history and it's got to get us thank
• 21:58
  with all of the right now what we're facing right with, with
• 22:03
  all the central banks acquiring so much gold.
• 22:05
  It's not out of the realm of possibility.
• 22:07
  I get the question all the time. We can't.
• 22:10
  Out out rule the. Government may not.
• 22:12
  Confiscate gold or silver. I'm not saying it's going to
• 22:15
  happen. I'm not in.
• 22:16
  Favor of it, and I think there would be.
• 22:18
  Massive backlash from the precious metals community, but
• 22:21
  that's why they did it. And that's that gives them this
• 22:24
  ability. Right people talk about.
• 22:26
  Even now. If we do have one of those. 8000
• 22:29
  metric tons of gold in Fort Knox.
• 22:32
  That they could revalue it to revalue gold to. $20,000 an
• 22:37
  ounce or even higher and that that could.
• 22:39
  Be a way. For them to essentially print
• 22:41
  money. So very interesting.
• 22:43
  Don't forget. I've said this for years.
• 22:46
  The world has never. Really.
• 22:49
  Gone. Off the gold standard, OK.
• 22:51
  Gold and silver have always look at the look at that chart we
• 22:54
  looked at. Earlier of the most.
• 22:56
  Valuable companies and assets. In the world right gold #1
• 23:00
  Silver number what, 4? Right.
• 23:03
  OK, it's gold and silver have all.
• 23:05
  We've always, I think we always have been.
• 23:08
  I think we always will be. That's just my opinion.
• 23:11
  And I think that when they start to tokenize gold and silver even
• 23:14
  more in the coming years and decades.
• 23:17
  It's going to it's that's, that's the Monet re
• 23:19
  monetization. Of gold and.
• 23:21
  Silver, it's super exciting. I'm sorry I get a little.
• 23:24
  Passionate about it? Hey guys, don't forget quickly.
• 23:28
  I'm not sponsored by this charity or anything like that,
• 23:30
  I'm just doing it because I believe in it.
• 23:32
  Check out Hope Walks, Hope Walks OK and look at what they're
• 23:36
  doing to help children all around the world.
• 23:39
  If you want to do something nice, want to do something
• 23:41
  charitable, please check them out.
• 23:43
  I believe in the charity 100% and I think that they're doing
• 23:47
  great work for children all around the world.
• 23:50
  Let's talk about, you know, the king of.
• 23:53
  Silver right this this is probably a guy if you asked the
• 23:57
  people that we really. Look up to in the.
• 23:59
  World of Silver Who? Who do you?
• 24:01
  Look up to and they. Would say Eric.
• 24:03
  Sprott and Eric Sprott brought up something really shocking.
• 24:07
  OK. We've been hearing.
• 24:09
  About the industrial uses for silver for years.
• 24:12
  Recently, there's been renewed emphasis placed on solid-state
• 24:16
  batteries. These are the batteries.
• 24:18
  That they're putting into the future electric vehicles and
• 24:23
  from what we're what we're. Understanding.
• 24:24
  At this point, in particular with Samsung.
• 24:27
  Is that these batteries could use up to each car each
• 24:31
  electric. Car that's produced could use up
• 24:34
  to 1 kilogram of. Silver each.
• 24:36
  That's like over 30. Ounces of silver.
• 24:40
  Per car. And it's shocking.
• 24:42
  I'm going to. Let Eric Sprott say it.
• 24:44
  I've got a little video first to watch but it's.
• 24:46
  Shocking to hear what? That could.
• 24:48
  Do from a demand. Perspective for silver.
• 24:51
  And you know. That if this comes to fruition.
• 24:55
  And there's more and more people right pointing in the direction
• 24:58
  that it will. It could be.
• 25:00
  Something cataclysmic for the silver.
• 25:03
  Market. Let's see what Eric.
• 25:04
  Has to say and he's with looks like Craig Hempke and this was
• 25:10
  posted by Wall Street. Gold.
• 25:12
  OK, we'll read. That in a minute, let's listen
• 25:14
  to Mr. Eric Spratt. Yeah, well, guy, Samsung
• 25:20
  develops a battery that charges in 9 minutes.
• 25:24
  Can anybody figure out why that's a good thing, right?
• 25:27
  It goes 900 kilometers. Can anyone figure out why that's
• 25:30
  a world change? And they, they use a kilogram of
• 25:35
  silver in this solid-state battery.
• 25:37
  By the way, they use manganese too, which I'm a big owner of
• 25:40
  not the metal, but the company's.
• 25:44
  And they say if, if, if, if that could capture 20% of the
• 25:48
  electric vehicle market, it would consume all of the silver
• 25:53
  produced in a year. Did did you hear that right if
• 25:57
  these new batteries capture just 20%?
• 26:01
  Of the electric vehicle market they would consume.
• 26:04
  All the silver produced. In an entire year, you know
• 26:09
  what? I'm going to let him say it one
• 26:10
  more time that I won't interrupt him anymore.
• 26:14
  If that could capture 20% of the electric vehicle market, it
• 26:19
  would consume all of the silver produced in a year.
• 26:21
  My goodness gracious. Yeah, and that's just that.
• 26:25
  That's just that bad solar. Panels No.
• 26:30
  Electronics, is it any wonder that these Asian countries keep
• 26:34
  buying these materials? So I think that's a big, big
• 26:40
  change that's coming and they're going to be starting to produce
• 26:43
  these things, I think for consumption, 28 vehicles.
• 26:46
  So that's 27 production, which means maybe buying the metal in
• 26:51
  26 to make sure you got enough and oh, was there a shortage?
• 26:55
  Yes, there is while you're screwed already.
• 26:57
  OK, wow, I didn't think about that right.
• 27:01
  Like he said, think about the. Hold on here.
• 27:05
  Hold on. I'll be right.
• 27:05
  Back I lost. You for a second.
• 27:07
  Hopefully you guys can still see me and hear me.
• 27:10
  These solid-state batteries, Yeah, and I've heard that like
• 27:12
  Lexus last. I heard Toyota's luxury brand
• 27:16
  Lexus is going to be the first to roll these out, and I've
• 27:19
  heard 2028 if they're going to be.
• 27:21
  Selling the. Cars in 2028, They'll be
• 27:24
  produced in 2027 and like. Eric Spratt said they'll need to
• 27:28
  get the silver in 2026. And like we talked about
• 27:32
  yesterday or the day before, now it's being reported that Samsung
• 27:36
  has invested $7,000,000 into a silver.
• 27:39
  Mine in. Mexico think about what's
• 27:41
  happening and on top of that, I we haven't even I just hit me.
• 27:45
  We're always down here talking about.
• 27:47
  We know China. Right.
• 27:48
  Love silver and gold. They happened.
• 27:50
  We know that whole story. Right, we know India.
• 27:53
  Love silver. We talked about that earlier.
• 27:55
  On top of that, we never talk about South Korea.
• 28:00
  Add them to the list. The growing list of countries
• 28:06
  right that are that are gobbling are going to be gobbling up the
• 28:09
  world's silver supply. I mean.
• 28:12
  Every way you look at it, it's just.
• 28:14
  Absolutely incredible man. It's going to be fun.
• 28:17
  Don't forget also. Guys, it's the holiday season if
• 28:20
  you're interested, please. Check out a Dirty Man Safe if
• 28:24
  you're looking for a unique and special way similar.
• 28:27
  To what? The Pirates.
• 28:28
  Did OK to store something that's.
• 28:31
  Very valuable to you. Dirty, dirty man.
• 28:34
  Safes are safes that you. Bury in the ground here, I'll
• 28:38
  show you this one real quick. There it is, right there I love.
• 28:41
  These things, they're awesome. OK, there is a discount code Ron
• 28:45
  10 so don't. Forget that I'd highly.
• 28:48
  Recommend you check them out. You know, probably could get it
• 28:52
  shipped and and print out a picture and put it in a box and
• 28:56
  give it to somebody that you love and say here this is coming
• 28:58
  in a couple. Days.
• 28:59
  OK, might be. Too late to get one with
• 29:01
  shipping now. Maybe not, I could be wrong.
• 29:04
  All right, guys. Thanks for joining me down here
• 29:05
  in the basement this. Was a snap live stream.
• 29:08
  But man. We've got so much.
• 29:10
  Can you believe, huh? Think about this.
• 29:13
  I want you to think about a #67 with the silver.
• 29:19
  Price per oz. Is $67.
• 29:22
  Don't forget last year today. Right.
• 29:26
  I did a live. Stream and the Silver.
• 29:28
  Price was at. Best in the low. 30s.
• 29:31
  OK. Guys, this is this.
• 29:33
  Is historic times that we are living through right now in the.
• 29:39
  World of Silver, we've got one of the top respected analyst.
• 29:43
  Again, so important for us to remember.
• 29:45
  Michael Oliver Many. Times over the.
• 29:48
  Years. This guy's Eric Sprott, who we
• 29:50
  just listened. To talks about Michael Oliver.
• 29:53
  OK, it's somebody. He respects.
• 29:55
  And Michael Oliver. Many times in the past it said
• 29:58
  that he thought the price of gold and silver we're going to
• 30:00
  go. Down OK because of.
• 30:03
  Looking at the. Charts and looking at all the
• 30:04
  factors involved, he's telling us that in.
• 30:07
  Early 2026 that we can have silver at over $200 per oz but
• 30:15
  we know that it's not out of the realm of possibilities because
• 30:19
  look I know it feels like oh silver so high and it it's.
• 30:22
  It's an all time high. Well, not when you adjust it for
• 30:25
  inflation and and it's especially not when you adjust
• 30:29
  it for the. Real inflation numbers when you
• 30:31
  do that. Right, you get a silver price
• 30:34
  that could be. Well over 100 some.
• 30:36
  People say even well over 2. $100 per oz.
• 30:40
  It's real. It's happening.
• 30:42
  OK, just from a. Just from a current perspective.
• 30:46
  And then we listen to people like Eric Spratt talking about
• 30:49
  solid-state batteries if 20% of the future.
• 30:53
  Electric cars, but use the solid-state batteries that
• 30:56
  would. Consume an entire year's worth
• 30:58
  of silver production. But wait, there's more.
• 31:01
  OK. Because the amount of silver
• 31:03
  being produced has been going down, down, down the mining.
• 31:08
  Sector because our. Friends at the Comex and the
• 31:10
  LBMA had artificially manipulated the.
• 31:13
  Price of gold and. Silver down for decades.
• 31:16
  Nobody invested. Very few.
• 31:18
  Only the. Smartest of the smart right
• 31:20
  people like. Keith Newmeyer, People like Sean
• 31:23
  Koon. Koon.
• 31:24
  People like I can't. All the names out.
• 31:27
  There, that got the people that were ahead of the curve.
• 31:31
  We're investing in but but there were very, very few.
• 31:35
  So when this? Massive tidal.
• 31:37
  Wave don't tell anybody of. Demand for silver comes in,
• 31:41
  they're not going to be able to fulfill it, OK, and it's going
• 31:44
  to take. Years and years and years for
• 31:47
  the mining sector to catch up. That's just a fact.
• 31:50
  I think we're sitting pretty right.
• 31:52
  There's going to be bumps in the road.
• 31:53
  There's going to be days when we're down here saying, Oh my
• 31:55
  gosh, is it over? Is it over?
• 31:57
  Oh, you know. Silver.
• 31:59
  'S down right, don't worry. Don't.
• 32:01
  Worry I when I look at the big picture.
• 32:04
  When I look out where, where do? You think silver's going to be
• 32:07
  10 years from now? Where do you think gold's going
• 32:09
  to be 10 years from now? We know.
• 32:12
  OK, we know. Thanks for joining me down here
• 32:15
  in the basement, please again. Subscribe to the channel.
• 32:17
  It's free, you just. Press the subscribe.
• 32:20
  And then you press the little bell next to it.
• 32:22
  That way you'll get notified. But most important, thank you
• 32:25
  for giving me your time, for joining us down here in the
• 32:28
  basement. On behalf of myself and Susie,
• 32:30
  we'd like to wish. You a.
• 32:31
  Happy holiday season and let you know that we're looking.
• 32:35
  Forward to seeing you. Yes, you, next time, have a
• 32:39
  great night. I'll see you soon.