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🚨 Gold & Silver Stackers! 🚨 You'll Gain from This Fact - (precious metals price news update) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  Big warning for gold, but we have big predictions for the
• 0:06
  silver price from some top analysts that we are going to
• 0:10
  look at. And we're going to talk about
• 0:12
  what's going on in China also on a macro level with the Fed and
• 0:17
  what we can look forward to in the coming years.
• 0:19
  And trust me, it is good, but not as good as I feel about you
• 0:23
  choosing to join me here in the basement.
• 0:26
  I really appreciate you giving your time.
• 0:28
  Please subscribe to the channel. Leave a comment in the comment
• 0:31
  section below. But let's start by talking about
• 0:34
  the good news for silver. And don't you worry, we're going
• 0:37
  to talk about that big warning for gold as well, but reasons
• 0:41
  why we can be optimistic for silver right now.
• 0:44
  Let's start with one of my favorite analysts to follow
• 0:47
  Rashad on X. And Rashad is giving us a rosy
• 0:51
  outlook about what to expect. He said says this is what I
• 0:55
  believe silver could do in the coming few months.
• 0:59
  At some point it it should blast through the 2011 all time high.
• 1:05
  Look, I've been following Rashad for a while.
• 1:07
  He can be wildly optimistic, but we got another chart we're going
• 1:10
  to look at from him about gold in a little bit that maybe isn't
• 1:14
  quite as optimistic. But why do we know this can
• 1:17
  happen? Why do we know that we could
• 1:19
  have $50 or higher silver price by the end of this year?
• 1:24
  Guys, it's as simple as this. Something about this chart from
• 1:28
  the Gladiator just caught my attention.
• 1:31
  He says just zoom out, you'll see a generational type move
• 1:35
  coming in silver. This is where fortunes are made
• 1:39
  and take a look at this. OK.
• 1:41
  I just want to show you one more time why we can be so optimistic
• 1:45
  when we look at this chart. Obviously, these are annual
• 1:49
  candlesticks in the price of silver going back to 1980, OK,
• 1:55
  2011 and through today. All right.
• 1:58
  What's important to note is that on an annual closing basis, if
• 2:03
  we can get through this year, all right, there's the cup,
• 2:07
  here's the handle. And right here is where we
• 2:11
  currently are. If we can get through the year
• 2:14
  above this level, we will break out of the most epic cup and
• 2:18
  handle pattern really in the history of the world.
• 2:22
  But wait, there's more. OK, within that cup and handle,
• 2:26
  right in the handle, there's another cup in handle, which I'm
• 2:31
  pretty sure we've already broken out of.
• 2:33
  So it's like double, couple, double, double cup and handle
• 2:37
  joy that we're experiencing in the silver price right now.
• 2:40
  All right, let's go to the next chart.
• 2:42
  The next piece of information when we're looking at silver and
• 2:47
  this one comes to us from oh, David Lee, we're going to go
• 2:50
  straight to China. OK, very interesting guys, when
• 2:54
  you look at China, this is this is fascinating.
• 2:57
  Let me pull this up for you. There we go.
• 3:00
  Make sure I got you on the right screen.
• 3:01
  Yes. OK.
• 3:03
  In China, silver traders are not in suits in front of computer
• 3:07
  screens. They dress casually to work and
• 3:09
  have muscles. They call themselves brick
• 3:12
  movers. We're going to talk about why
• 3:13
  this is so important. There's two reasons, OK?
• 3:17
  Each silver slab is 482 Troy ounces worth $18,000.
• 3:25
  So this guy right here, right, is picking up $18,000 worth of
• 3:31
  silver. I don't know what he's he's
• 3:36
  saying. I love silver.
• 3:37
  Hold on. Oh, he says.
• 3:40
  Watch Ron's Basement if you the latest and most entertaining
• 3:43
  news in the world of silver. OK, but seriously, why do we
• 3:50
  need to pay pay attention to China #1 because it's a physical
• 3:55
  market #2 because the East China, Asia, Russia are are
• 4:01
  becoming the mechanism by which the silver price is being
• 4:05
  established and it's moving more and more and more in that
• 4:09
  direction. And remember, they have a
• 4:12
  physical market. Let's run out and check out the
• 4:15
  Oriental Ghost and see what the actual physical price of silver
• 4:20
  is right now in China. OK, here we are at our friend
• 4:27
  right, the Oriental Ghost who faithfully puts out this chart
• 4:32
  on a daily basis. This is the Shanghai Gold
• 4:35
  Exchange right there, which is a physical market.
• 4:40
  Here is silver, OK? And the latest physical price
• 4:45
  for silver in China is just shy of $40 per oz.
• 4:51
  Guys, look, it's a crazy where we're going, but but there's a
• 4:56
  secret weapon for silver. Did I promise you that?
• 4:59
  I don't know that I did at the beginning of this video.
• 5:01
  Don't forget, subscribe to the channel.
• 5:03
  But there's a secret weapon for silver that nobody's talking
• 5:07
  about. You're going to hear it here and
• 5:09
  you're going to hear it first because I don't know anybody
• 5:11
  else who's talking about this being what could be the major
• 5:15
  catalyst for the silver price as we move into 2026 and 2027.
• 5:21
  Before we do that, I do want to say thank you to channel sponsor
• 5:26
  First Mint. I forgot to put their sign up.
• 5:29
  Hold on here, I'll just show it to you.
• 5:32
  First Mint, right? That's the silver Mint in Las
• 5:37
  Vegas, NV in the United States, but it's owned by First Majestic
• 5:41
  Silver, the giant silver mining company headed by Keith
• 5:45
  Neumeyer. Look, so this is really unique
• 5:48
  what first Mint offers. They actually mine the silver
• 5:52
  through First Majestic in Mexico.
• 5:54
  It gets shipped to Nevada where it's been transformed into world
• 5:58
  class silver bullion products. It literally is the freshest
• 6:01
  silver available on the market, right from the mine to the mint
• 6:06
  to you. There's no COMEX or LBMA
• 6:10
  involved. This is COMEX free, LBMA free
• 6:13
  silver. Let me show you one of their one
• 6:15
  of my favorite products they have out there.
• 6:17
  There's their current Las Vegas round.
• 6:20
  It's absolutely beautiful. You can get that on their
• 6:23
  website. You know what, let's just run
• 6:24
  out to their website here real quickly since we're now we know
• 6:28
  the silver price in China. There's that Las Vegas round
• 6:32
  that I was just telling you about, but they have all kinds
• 6:35
  of cool products. The year of the snake round,
• 6:38
  you're the dragon round dollar off special there on the year of
• 6:43
  the snake and hail to the cheap one ounce Buffalo round.
• 6:46
  But what is my one of my favorite silver?
• 6:49
  Hold on, we're going back. Don't you switch on me.
• 6:52
  That Indian Head is just, I think absolutely beautiful.
• 6:56
  They have great prices, great selection, all unique products,
• 7:01
  free shipping over $199. And as a special added bonus for
• 7:05
  you, there is a discount code which is VIPRB.
• 7:10
  You can check them out at firstment.com.
• 7:13
  What's the secret silver weapon though?
• 7:16
  This is big and I believe in my heart that this could be one of
• 7:20
  the big factors in the coming few years that really propels
• 7:24
  the price of silver higher. So we're going to start by going
• 7:26
  out to the Silver Academy and what they're telling us is this
• 7:35
  OK? Why is silver surging?
• 7:37
  Title of this article from the Silver Academy of Silver FOMO,
• 7:41
  Fear of missing out shortage. And while real price could be
• 7:45
  unobtainium, when silver runs, it will make headlines and
• 7:48
  everyone left behind will understand exactly what
• 7:51
  unobtainium means, which I think means you can't get it.
• 7:55
  Why silver surging rocket fuel behind this move is a multi
• 7:58
  faceted. It's a convergence of factor
• 8:01
  guys safe haven demand amid boiling geopolitical risk, fear
• 8:06
  of unrelenting inflation and a surge in industrial demand.
• 8:10
  We know all about that. But the secret weapon that and
• 8:13
  I'm going to show you some data here that I think corroborates
• 8:16
  even more my strong belief that this is the number one factor
• 8:21
  that could really impact the price in the few years jewelry
• 8:25
  demand is shifting as gold is priced out, sending buyers
• 8:30
  flooding into the silver market. Guys, this is big, OK, More and
• 8:36
  more people are buying silver jewelry.
• 8:39
  I love silver jewelry. Here's here's a silver a piece,
• 8:43
  a silver chain with a silver round.
• 8:45
  I mean, absolutely beautiful. I got that from my friend Betty
• 8:49
  Bullion. OK, she has an Etsy shop, but I
• 8:52
  just, I'd love silver jewelry, but doesn't matter what I love,
• 8:55
  it matters what the world population as a whole loves.
• 8:59
  And they're starting to love silver jewelry.
• 9:01
  Why is that a big deal here? Let's look at a couple important
• 9:04
  data points here. We can talk all we want here.
• 9:08
  This came from the Business Research Insights.
• 9:12
  Hold on, get that out of the way in purple.
• 9:14
  As you can see, surge and fabrication volumes.
• 9:19
  According to the Silver Institute's World Silver Survey,
• 9:23
  in 2025, global silver jewelry fabrication grew by 3%.
• 9:29
  That's not the huge thing. The huge thing.
• 9:31
  Number one, it is a big deal that it grew, but the real huge
• 9:35
  thing is that the demand surge to 200, almost 210 million
• 9:40
  ounces in 2024, led by gains in India and Thailand.
• 9:45
  It hasn't even started in the United States.
• 9:47
  But why is that a big deal, 210 million ounces of silver, that's
• 9:53
  a huge component of the overall profile of silver demand for the
• 9:58
  whole year. Nobody, everybody talks about
• 10:01
  Solar Bat and that's important, no doubt about it.
• 10:04
  But silver jewelry, that's a huge part of the overall demand
• 10:09
  as that grows. And I'm going to show you
• 10:11
  another data point that'll make you even more excited about
• 10:14
  this. As demand for silver grows, that
• 10:17
  could, we could, if it goes up 20%, that's another what, 4045
• 10:22
  million ounces of demand for silver.
• 10:25
  And you know those silver miners, they can't just turn
• 10:28
  switch and make more silver. And there's been such under
• 10:31
  investment into exploration and development of new silver mines.
• 10:36
  It's setting us up for a squeeze.
• 10:38
  There I said it, Squeezy squeeze time, but this, this is one more
• 10:44
  piece of data on this. I believe this is the big secret
• 10:47
  factor for silver and we're going to go out here to UBS, the
• 10:52
  big Swiss bank that talks about gold.
• 10:54
  And we're not going to go through the whole, but we're
• 10:56
  going to go right to this chart. And what do you see on this
• 11:00
  chart? What you see is demand for gold
• 11:05
  for 2020 through 2025. And what we see on this on this
• 11:13
  chart is this right here, the yellow section.
• 11:16
  I kind of hold on me. Let me get this off there for
• 11:19
  you so you can see it better. Yellow jewelry, OK.
• 11:24
  Do you notice anything? The yellow bar year by year by
• 11:29
  year 2024 went down. Look at the demand.
• 11:34
  Look at how small the bar, how it is shrinking from that size,
• 11:39
  from this size just a few years earlier.
• 11:42
  People are not buying gold jewelry because probably most
• 11:45
  likely it's too expensive. What are they going to buy
• 11:48
  instead? Who they going to call?
• 11:50
  Not Ghostbusters. They're going to call their
• 11:52
  local jewelry store and say I want some silver jewelry.
• 11:56
  The price of gold I don't think is going down, although we got a
• 11:59
  big warning that we're going to talk about next from some
• 12:02
  analysts that say maybe we could have a reason to be a little
• 12:05
  concerned about the gold price in the near term.
• 12:08
  But the price of gold long term is not going down.
• 12:11
  It will only shift more demand to silver and that will make
• 12:15
  right that will that will exacerbate what is already
• 12:19
  right, a deficit, a shortage in the annual silver supply.
• 12:23
  So guys, we're going to talk about the big warning about gold
• 12:27
  next, but I also want to say thank you and I also forgot to
• 12:30
  put their sign up to channel sponsor first mining gold.
• 12:34
  Bear with me for just one second as we're doing this live.
• 12:36
  Did I go pick up their sign? Here we go.
• 12:48
  Feel like I'm on the home shopping club.
• 12:50
  How do I do this? Hold on, let's get you There.
• 12:53
  We go first. Mining gold right there.
• 12:57
  A Canadian development stage. Gold mining company in Canada.
• 13:01
  OK, They're working through the permitting process.
• 13:04
  They're working through the development stage.
• 13:06
  Look, they've got 2 huge projects located in Canada,
• 13:10
  Spring Pool in Ontario and Duparque located in Quebec.
• 13:14
  What makes me so excited about the fact that I own First Mining
• 13:18
  Gold stock and I have for years, for a long time before they
• 13:22
  sponsored my channel, is that they got a ton, literally
• 13:25
  millions of Oz of gold in the ground in Canada in these two
• 13:29
  big projects that they're working through the development
• 13:32
  phase. But what really makes me excited
• 13:35
  is knowing that the big, big gold mining companies have not
• 13:38
  been investing in replenishing their pipelines.
• 13:41
  They need these big projects. And 1st Mining Gold has two of
• 13:45
  the biggest projects in Canada. And don't forget, that's a very
• 13:50
  favorable jurisdiction in the location of mines.
• 13:53
  A lot of these new mines are in places, far-flung Africa, places
• 13:57
  that traditionally can be a little less geopolitically
• 14:01
  stable. Having these two big projects in
• 14:03
  Canada is a big deal. Thank you First Mining Gold for
• 14:06
  sponsoring the Ron's basement gold and silver content.
• 14:10
  If you want to learn more about First Mining Gold, you can go to
• 14:13
  their website, firstmininggold.com or you can
• 14:16
  even reach out to a real live person,
• 14:18
  paul.morristheirdirectorofinvestorrelationspaul@firstmininggold.com. But are we going to have a
• 14:24
  little short term hiccup, a big warning, a little warning,
• 14:28
  however you want to say it, in the gold market in the coming
• 14:31
  maybe month or two? I think that long term, the
• 14:35
  future for gold is absolutely beautiful.
• 14:38
  But we do have a couple top analysts that are issuing a
• 14:41
  little bit of a warning. Let's go see what they're saying
• 14:44
  and let's do that right now. This one came from Rashad, who's
• 14:50
  typically very bullish on the metals, and he says gold refuses
• 14:55
  to go up. Make sure we got you on the
• 14:58
  right screen, which we do, which makes me believe that 3250 could
• 15:04
  be a move to shake out invest investors before a legitimate
• 15:08
  breakout. So as we look at this chart,
• 15:10
  what we see is for what like the last four months, 3-4 months,
• 15:14
  gold has really been in a range consolidating, OK.
• 15:18
  Then what Rashad is saying is that we could dip down as you
• 15:21
  see on his lines here that he drew, we could drift dip down to
• 15:26
  this 3250 range, but that long term we are still in good shape.
• 15:31
  So what consolidation means is that right now the people that
• 15:35
  want to get out of gold are selling gold and are being
• 15:38
  replaced by new people. We know that ETF demand has been
• 15:42
  going through the roof. Central bank demand has tapered
• 15:47
  off a little bit. But now investors, people with
• 15:50
  big money, the smart money are moving into gold, gladly taking
• 15:55
  the gold off the market. We could hit that 3250 range,
• 15:58
  but long term things look very optimistic.
• 16:02
  Let's go to this one from North Star Charts.
• 16:04
  He says with gold at 3500. Back in what I think that was
• 16:08
  April ish, we warned the gold was stretched from its moving
• 16:12
  averages and needed to fall and correct.
• 16:14
  So far, it fell $380, which I think is he's referring to this
• 16:19
  part on the chart right here. OK.
• 16:22
  And four months have passed with no new highs for Spot gold.
• 16:26
  Today's chart still shows weakness and potential to fall
• 16:29
  further before huge gains return.
• 16:34
  All right, So let's just pull up that chart.
• 16:35
  Thank you, Northstar charts. All right, so there we are.
• 16:38
  Right now, there's this barrier that we have kind of in the way
• 16:42
  to $4000 gold. So guys, we may have a little
• 16:45
  turbulence in the gold market short term, but I think that
• 16:50
  that you know over any period of let's say months, maybe
• 16:55
  quarters, definitely years, we are in for some big, big moves
• 17:00
  in the gold market. I don't want to be, I don't want
• 17:02
  to be the the town crier trying to scare everybody.
• 17:05
  We could be in for a little bit of a down drafting gold.
• 17:08
  I think silver at this point stays very, very, very steady.
• 17:14
  And here's a big reason why I forgot to pull this up.
• 17:16
  Let me see if I can find it here.
• 17:19
  Watch me struggle. Yeah, we are live here it is.
• 17:23
  And let's get this pulled up. Boom.
• 17:28
  OK, our good friend make gold great again on X pointed out the
• 17:33
  gold to silver ratio throughout history.
• 17:36
  I mean, look at the gold to silver ratio.
• 17:38
  And again, that's the number of Oz of silver it takes to buy one
• 17:41
  ounce of gold. One to three, one to 91 to 15.
• 17:45
  Let's see if I can get that full screen for you for your full
• 17:48
  screen viewing pleasure. 1 to 15, one to five, one to 14.
• 17:53
  Even back here in the United States that you know, guys,
• 17:56
  historically speaking, the gold to silver ratio is essentially
• 18:01
  stretched like it's never been before.
• 18:02
  We are at historic highs. So to think that the gold price
• 18:08
  couldn't fall a little bit and silver continue to do well, I
• 18:11
  think is fallacy. I think that silver for our
• 18:15
  multitude of reasons will continue to do well.
• 18:18
  And I know that long term gold will continue to do well as
• 18:21
  well. We're just in good shape
• 18:23
  everywhere we look. And then on top of that, we've
• 18:26
  got big news coming out. Let's talk about macro news.
• 18:29
  This guy, Steven Moran, I think we need to get used to his name.
• 18:33
  Looks like he may be the next head of the Federal Reserve,
• 18:38
  replacing our friend Jerome Powell.
• 18:40
  And I've kind of dug into what's going on with the Steven Moran
• 18:44
  guy. Let's just say it does not
• 18:47
  appear that he's in favor of a strong dollar.
• 18:51
  And if we choose right to use the dollar is the unit of
• 18:55
  measure for our ounces of silver and oz of gold.
• 18:59
  It's it's look, I really don't know how else to say it, but
• 19:06
  from every angle I look at it and I look at it a lot, right.
• 19:10
  There is nowhere for the value price in dollars of silver and
• 19:15
  gold to go but up. And in particular, if this Maron
• 19:19
  guy gets into the Fed, they're talking about some kind of like
• 19:22
  almost financial reset scenarios.
• 19:25
  Who knows? A lot of speculation.
• 19:27
  But really, no matter how you slice it or dice it, it sure
• 19:30
  does feel like we are in the most perfect.
• 19:34
  We're in the catbird seat when it comes to silver and gold.
• 19:37
  OK, I hope you feel like you're in the catbird seat.
• 19:39
  You're important, you matter. I hope you feel like you found a
• 19:42
  new friend down here in the basement with me.
• 19:44
  Please again, subscribe to the channel.
• 19:46
  Susie and I support the family on this venture.
• 19:49
  You're important. I'm going to look forward to
• 19:51
  seeing you next time and let's go.
• 19:53
  Let's go.