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I Warned YOU! 🚨 Insiders Are Doing THIS With GOLD AND SILVER · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

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  There's been an absolute avalanche of new demand for
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  silver and gold right now in our world.
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  What does that mean for the future price?
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  You may be asking that question, but what if you and I were
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  having coffee and I told you about someone that we both know
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  who's regarded as being a financial guru?
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  Maybe my uncle Warren Buffett or my uncle Bill Gates or my uncle
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  Jeff Bezos or any other financial guru that you want to
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  think of? What if we're having coffee and
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  I told you, hey, my uncle told me something that he's buying?
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  Wouldn't your ears perk up? Well, what does it tell us right
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  now that the world central banks are buying gold in particular at
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  a pace that we haven't seen since we were on the gold
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  standard in our world? What does that tell us now?
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  In this video, I want to go through a list with you of the
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  top ten countries that are hoarding gold right now.
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  But more importantly, I want you to ask yourself, what does this
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  tell us about the future of the monetary system?
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  What does it tell us when the world central banks, OK, they
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  are the most sophisticated financial institutions in the
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  world. They run the World Economic
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  system, the world monetary system.
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  They are the top of the mountain.
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  They are the insiders of the insiders.
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  They know what is going on. So when we look at this list,
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  think about how that affects the future for the silver price and
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  the gold price. You'll be shocked at who's
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  number 10 on this list. But the one thing I won't be
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  shocked about is the fact that you've not yet subscribed to
• 1:53
  Ron's Basement. Please press the subscribe
• 1:56
  button, turn on the bell notifications, give this video a
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  thumbs up. And super chats and super thanks
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  are always super appreciated. At #1 Surprise, surprise, the
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  United States holds the largest gold reserves in the world, 8000
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  metric tons. Now, our recent Federal Reserve
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  officials have said we do that for for just tradition purposes
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  because we know the US dollars no longer backed by gold.
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  But isn't it interesting that supposedly we have 8000 tons at
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  Fort Knox and the country has not been real eager to get rid
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  of it? Let's move on to #2, which is
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  Germany. Germany has the second largest
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  gold reserves with 3300 metric tons.
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  Keep an eye on all the European countries here.
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  In number #3 third place we have Italy, a surprise 2400 metric
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  tons. Another European country in
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  fourth place looks like, yes, you guessed it, the Eiffel Tower
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  and France with 2400 metric tons.
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  In 5th place we have Russia with 2300 metric tons of gold, which
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  I think they're glad they have since the United States
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  sanctioned them and took away their dollars.
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  After Russia. Who's this?
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  Oh, China, who supposedly has 1948 metric tons of gold, but
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  everybody knows they've got a lot, lot more and are buying it
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  and keeping all of the gold that they produce domestically.
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  After China, we move on to Switzerland with 1000 metric
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  tons. After that, Japan, the world's
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  third largest economy with 846 metric tons.
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  With their recent currency issues, I bet they wish they had
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  more. And after Japan, we're looking
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  at India, which is the 9th largest holder.
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  And to me, the surprise of the list, I misspoke.
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  I thought they were the 10th largest.
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  But hey, you know, we'll do this live guys.
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  India has 800 metric tons of gold.
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  But consider this. It's estimated conservatively
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  that Indian households on top of that 800 metric tons.
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  Indian households have 25,000 metric tons of gold.
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  India is the gold and silver capital of the world.
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  Indian women buy gold jewelry as an investment.
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  Indian families pass gold down from generation to generation.
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  But it's even more interesting when we examine their more
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  recent affinity towards silver. This year alone, it's estimated
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  that India will import over 200 million.
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  Some people saying size 250 million ounces of silver,
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  that'll be at least 25% of the world's silver production.
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  India is the precious metals capital of the world.
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  Did you notice all the European countries on the list?
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  It's been said, it's been proposed, that when you compare
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  the central bank holdings of gold by the European countries,
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  that it's very much related to the size of their economies when
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  compared to one another. And some people speculate that
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  at some point, if the European countries need to go back on the
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  gold standard, that's the absolute reason why they hold
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  the amount of gold that they do. But at the end of the day, the
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  important take away for us from all this is that central banks
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  around the world are hoarding and buying more gold again, more
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  gold being bought by central banks than any other time even
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  then when we were on the gold standard in this world.
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  Take a step back, think about it.
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  Have a sip of your coffee. Why would the smartest people in
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  the room, the world's central bankers?
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  Yeah, sure. We can talk about Warren
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  Buffett. He did have a thing for silver
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  in the past, of course. But we can talk about Bill
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  Gates. We can talk about Ray Dalio, any
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  of these financial gurus and what they're doing.
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  But above them are the world central banks.
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  And when it comes to gold, and we know this also relates to
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  silver, we need to pay close attention to what they're doing.
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  Don't listen to what they say. All right, watch what they do.
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  And what they're doing, I think is giving us a clear path
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  forward for the price of silver and gold.
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  Hey, I want to hear your comments on this, your thoughts
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  on this. Please leave a comment in the
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  comment section. If you want to get your hands on
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  some silver or gold before the central banks gobble it all up,
• 7:06
  don't forget to visit our channel sponsor Pendeks Pi MB EX
• 7:11
  online Bullion dealer where you will always find the best
• 7:15
  prices, the best selection and a company you can trust.
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  And 1st Mining Gold, their Canadian gold developer with two
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  multi million ounce projects in Canada and Fortuna Mining,
• 7:28
  another channel sponsor that makes this video and the channel
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  possible. Fortuna is an active silver and
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  gold miner with operations in Latin America and West Africa.
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  Most important. Thanks for being here.
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  I want you to come back and I'll be waiting for you.
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  Have a great day.