Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / SILVER SHOCKWAVE! ⚡ Game-Changing Move Just Hit the Market (Gold & LBMA / COMEX Update)

Transcript

SILVER SHOCKWAVE! ⚡ Game-Changing Move Just Hit the Market (Gold & LBMA / COMEX Update) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:00
A historic day for the precious metals.
0:03
Have you looked at the gold price and the silver price?
0:05
But most importantly, we're hearing that we could have 4243.
0:10
I've even heard $44 silver. Within just the next few weeks.
0:15
We're going to look at the big reasons why this is happening.
0:18
First, let's go out and take a look at the silver price.
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Here we are at CNBC futures. Silver price $40.27 per ounce of
0:28
a dollar. OA.
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This is a one year chart. Look at that beautiful,
0:33
beautiful chart on silver. Let's zoom out a little bit.
0:36
Look at the five year chart. Absolutely glorious.
0:40
You guys deserve this. You've been in holding on to
0:43
your metals for a long time. Those of you who are new, I
0:47
still believe you are early. Let's look at the gold price
0:50
here. And here we go to gold, 3512
0:55
dollars up almost $40 in the futures market.
1:00
And same thing on this. There's a one year chart of
1:02
gold. Let's look at the five year
1:04
chart of gold. Wow.
1:06
I don't even have to get the crayons out and draw pictures.
1:08
But let's talk about a big reason why.
1:10
Especially with silver, we have big, big, big reasons to be
1:15
super excited. The first thing I want to share
1:17
with you is a chart that I've never seen presented in this
1:22
manner before from Peter Kurath. He's the guy that wrote the book
1:25
on silver. You can check it out, go to his
1:28
profile. But here we go.
1:30
Here's the silver supply and demand.
1:33
I think this chart really shows the deficit in silver is the big
1:37
red area. But wait guys, there's more.
1:40
There's a bonus. Not only do can we now visually
1:43
see this massive deficit, but I want you to think about
1:46
something very critical when it comes to silver.
1:49
A lot of you've been joining me down here in the basement for
1:51
years and years. And by the way, thank you for
1:54
being here, right? We are the basement dwellers.
1:57
We love to talk about precious metals.
1:59
We've been doing it for years. Please subscribe to the channel
2:03
that's still free. But I got some news for you,
2:06
something that just I, I heard this week that I think is
2:09
critical for us to remember today.
2:12
Right now, guys, there is less of this on the face of the earth
2:17
than there was yesterday. Yeah, that's a one ounce silver
2:20
round from channel sponsor first meant right there.
2:24
There's less of this today than there was yesterday because of
2:28
that deficit that we just looked at.
2:31
And that's been the case for almost five years.
2:35
The day by day by day, there's less and less physical silver on
2:40
the face of the earth, right? Like time to melt grandma's
2:43
candlesticks. Or, you know, I mean, it's, it's
2:46
the the amount of silver in the surplus is being eaten away day
2:50
by day. And we are certainly getting to
2:53
a critical juncture eventually. That can't go on forever, right.
2:57
Very simple. We can look at the real
2:59
complicated charge cup and handle.
3:01
I know we love to look at the cup and handle.
3:03
Yeah, sure. Silver has the biggest cup and
3:05
handle pattern in the history of the world, right?
3:07
It's for the textbooks. And when it breaks out, it's
3:10
going to be absolutely crazy. Some people say it's already
3:13
broken out on a six month basis through whatever.
3:16
If we close the year, right, as we head now into the final
3:20
quarter of the year, we've got what, four months left?
3:22
So final third of the year. I apologize, right?
3:26
We could easily even on an annual basis a break out of this
3:30
cup and handle pattern. It's absolutely crazy.
3:33
Everywhere we look, there's news.
3:34
Look at what our friend and Chris Marcus shared with us this
3:37
week in his daily sub stack, Arcadia Economics.
3:43
Chris is a great guy, goes into deep, deep detail into what's
3:46
going on in the markets. You can subscribe to a Substack,
3:50
Substack. I would recommend it.
3:52
I read it every day. It's great information.
3:55
LBMA silver inventory draws closer to critical levels.
4:00
I'll let you dig into all the details, but I think there's one
4:03
chart on here that we really need to look at.
4:06
And here it is right here. Pull that up on full screen LBMA
4:12
London Silver Holdings. So the Gray area represents the
4:16
ETF holdings. That's like the SLVETF.
4:20
That silver is already claimed. That silver is already taken,
4:24
OK, it's in the LVMA vaults, but it's already claimed by the ETF
4:29
holders of the SLVETF. The green section equals the
4:33
other holdings. Some of that is also claimed or
4:37
some of that is held in very tight hands.
4:39
And the point here is that the level of inventory, if you look
4:42
at this, the green area can men used to shrink.
4:45
Now when you couple that with the fact that we still have one
4:49
on a historic basis is a massive silver short position, maybe not
4:54
in the record books like we were just a few weeks ago, but still
4:57
a massive short position. It is incredible.
5:00
And on top of that, OK, what else is happening?
5:04
Have you noticed, because I've noticed a little change or a big
5:09
change and how silver's been trading lately, that that what
5:13
used to be where silver would go up a lot on the Eastern markets,
5:18
like in China, OK, more specifically the Shanghai Gold
5:22
Exchange. And then when the LBMA in the
5:24
COMEX would open, it would get smashed down.
5:27
What we're seeing now is the opposite, what we're seeing
5:30
today. Can you believe Whoa, whoa,
5:32
whoa, whoa, whoa, stop, stop. Are we still alive?
5:35
Can you still see me and hear me if you can?
5:38
Thank you again for being here. Don't forget to subscribe.
5:41
That's free. Guys, This is a new.
5:44
We're up a dollar an ounce in silver.
5:47
We're above $40.00 an ounce for this in the futures market, OK?
5:51
And don't forget it's a double plug today for First Mint,
5:55
right? They're owned by First Majestic
5:56
Silver. That's Keith Newmeyer, Silver
5:58
juggernaut company that mines the mint and silver mines the
6:02
mint and mines the silver in Mexico.
6:05
I'm so excited. I can't keep my words straight.
6:07
They mine the silver in Mexico. They ship it to Nevada where
6:10
first mint is located where it's transformed into world class
6:14
silver bullion products and then it goes straight to you.
6:17
It doesn't go in that green section on that graph we looked
6:20
at just a second ago at the LBMA.
6:23
That silver goes from the mine to the meant to you.
6:28
No LBMA, no COMEX. And it's awesome.
6:31
All original stuff. Great prices, great selection,
6:34
free shipping over $199. And don't tell anybody there's a
6:39
discount code. Right?
6:41
VIPRB. OK, Anyway, where was I?
6:46
Yeah, well, let's talk about the paper silver some more.
6:49
Let's look at what happened on Wednesday.
6:52
Here we go. This is what happened on
6:55
Wednesday from our friend the Dude.
6:57
The silver market traded only. Oh, it was a down day on
7:00
Wednesday only. 471,000,000 paper oz.
7:04
Yeah, just in one day. Paper silver traded more than
7:09
half of what the entire mining sector puts out.
7:12
Not a big deal. Yeah, the LBMA inventories,
7:15
they're down. OK, historic day.
7:17
Let's see what else the Dude is up to here because this is a big
7:20
day. I bet he's excited about about
7:22
what's happening in silver. Congratulations, dude.
7:26
I know you've been around here for a long time as well.
7:29
Look at that. He's pulling up the prices, $40
7:32
on silver. It's gone even higher here.
7:34
Peter Spina from Gold Seek puts this one out.
7:37
Live view of gold and silver traders who are now short the
7:41
metal. Yeah, yeah, I heard that the
7:48
boys and girls at the LBMALBMA and COMEX are not real happy
7:53
about what's happening right now in the silver market.
7:55
There's the cup and handle from Peter Grandich.
7:58
OK, let's move on. Let's go to this next slide.
8:00
Oh, hey, let's go over to China. OK, But like we talked about
8:04
earlier, we're kind of catching up with China.
8:06
Remember, this is the Oriental Ghost who gives us the daily
8:11
silver price from the Shanghai Gold Exchange.
8:15
Remember there's the SGE, Shanghai Gold Exchange.
8:19
This is AG, that's the on the periodic table, that's the
8:23
symbol for silver. And as you can see, silver
8:27
actually closed yesterday in China at almost $41.00.
8:31
Could we in our futures market catch up with them?
8:34
And that's what we talked about earlier, right?
8:36
There's been a shift. It's going to be very
8:38
interesting. We could guys this.
8:41
Hold on, let's look at each other.
8:44
Look, remember there he is right there, right next to 1st man.
8:48
That's the silver bear. He's got a blindfold on that
8:51
says $85 per oz. Sorry, I got to kind of look at
8:54
the screen while I'm doing this. We will take that blindfold off
8:58
when Silver hits $85. Don't forget the Big Bear over
9:02
here, the original gold bear. He had a blindfold on that said
9:05
$2500. You know what people said?
9:07
What did they say to us? They made fun of us.
9:10
They mocked me. I got hate mail, OK?
9:13
And that's fine. I don't care, OK?
9:15
I'm speaking my truth. They said that we would never
9:18
take that blindfold off that bear because it said $2500 gold.
9:21
Where are we today, 3500, I think if I remember correctly,
9:27
Channel sponsor First Mining Gold CEO Dan Wilton, I think he
9:31
actually told, told me you should put a $3500 blindfold on
9:34
that bear. We'd be ripping that thing off
9:36
right now. And by the way, if you want to
9:38
check out a company that has a big gold in the ground in
9:43
Canada, a development stage company, please do check out
9:46
Channel sponsor First Mining Gold.
9:49
OK? That's the stock that I've owned
9:51
for many years, long before they sponsored the channel.
9:54
All right, What I like about about them, and I'm not a
9:56
financial advisor, don't make any financial decisions based on
10:00
what I'm saying is I like having millions of Oz of gold in the
10:04
ground in Canada. And they have two huge projects,
10:08
spring pole in Ontario, Duparque in Quebec, but they also have
10:12
the Cameron project in Ontario, which I think also has another
10:16
million ounces of gold. OK, they're working through the
10:20
development stage. It's exciting.
10:22
There's a lot going on. OK, I love if I'm going to, I
10:25
don't own a lot of physical gold, but I own a lot of first
10:27
mining gold stock. And to me, I feel like I own a
10:30
bunch of gold in the ground in Canada.
10:33
A great a jurisdiction, a great company.
10:35
If you ever have any questions, reach out to
10:37
mrpaulmorrispaul@firstmininggold.com. Tell them you're from the
10:42
basement, say hello. He'll tell you all about the
10:44
company. Where was I?
10:48
Man, there's just so much going on.
10:50
OK? Oh, this is crazy.
10:52
We're going to switch over to gold for a second here.
10:54
This is how much the world financial system is changing.
10:58
This is gold. This comes from Make gold.
11:00
Great again. Another guy I love following on
11:02
X says breaking foreign central banks.
11:06
OK, this isn't crazy. Guys.
11:09
Now hold more gold than US bonds.
11:12
And there's a quote from Chinese President Xi Jing P, who said
11:16
change that we've not seen in 100 years is coming.
11:21
And look at him. And he got all this gold out.
11:24
Put it out in front of that nice, I don't know what you call
11:26
that building, that nice Chinese building.
11:28
And he's sitting on top of it. I think I would have.
11:30
Would you have a smile on your face if you had a pile of gold
11:33
like that? But what that really shows us
11:35
guys is how the world is changing so rapidly right before
11:40
our very eyes, right? We don't, we don't like what's
11:43
happened to the dollar, but we understand why it's happened.
11:46
And it will only provide more fuel for the price, as if we
11:51
decide to use the dollar as the unit of measure for the value of
11:56
our gold and silver. You don't have to use the
11:58
dollar. But if we do, like we're seeing
12:00
things like we're seeing today, huh, $3500 gold, $40 silver, we
12:10
don't even have to talk anymore. We can just sit down here and
12:12
smile at each other. Oh my gosh, These are the good
12:16
old days, guys. These are the good old days.
12:18
And I'm glad you're down here with me.
12:19
All right, one more thing about the gold chart.
12:22
We're going to look at a chart now because we are going to get
12:25
technical or simple chart. This came from Gold Silver HQ
12:30
and he's telling us the calm before the storm.
12:34
Look at this chart. This is unheard of compression
12:37
in the gold price. I mean, you see that that's
12:39
called AI don't know what they call it a triangle pattern.
12:44
AI don't know it's you don't see what happens.
12:46
The price kind of gets compressed within that has to
12:49
break one way or another. We'll see the big green arrow
12:52
that tells us right now where the price is going.
12:56
And I forgot to mention, when it comes to our old friend silver,
13:00
let's not forget the other massive news story of the week,
13:03
which we will not be spending a lot of time on.
13:05
But I'm hearing this is probably one of the biggest silver
13:08
stories that we've had in decades, and that is that the
13:12
current presidential administration and the the power
13:16
brokers in Washington, DC have now decided on the draft version
13:21
to include silver on the critical minerals list.
13:24
That's what the Department of Interior.
13:26
Everybody's waking up. OK, We were first.
13:30
We're still early, guys. And look, I'm not giving
13:32
financial advice, but just remember, if you own the mining
13:36
stocks like I do, if you own the metals and they start to take
13:39
off and who knows, right? A month from now, I don't want
13:42
to be Debbie Downer, but we could be sitting down here
13:45
talking about Can you believe silver's only $33?
13:49
There's an ounce, which would still be good.
13:50
And I don't think that's going to happen.
13:51
I'm thinking we're going to be talking about $43.00 an ounce.
13:54
And the point I'm making here is be mentally prepared.
13:58
Have a plan for what you think you'll do if the metals really
14:03
take off because it's easy to dream about it.
14:06
But then when it happens, it can actually be stressful.
14:09
OK? Trust me, I've been in that
14:11
position before with other investments.
14:13
So try your best to have a definitive plan on how you're
14:17
going to handle things because it does look like at least I
14:20
believe that we're in for some very, very, very good times when
14:22
it comes to the metals and why. OK, here's the Fed.
14:26
Let's talk about the economy. Rd. warning, gloom and doom,
14:30
right? We've been sitting down here.
14:32
We've been down here for years. I've had this box, Those of you
14:35
who've been around, there's it's Jerome in the box, right?
14:38
There's this toilet paper dollars that he prints.
14:41
But we've been talking about the R in the I.
14:43
Do you know what that means? It's very important.
14:46
That's the recession and that's inflation.
14:50
OK, that puts him in a box. We are in a doom and gloom
14:54
scenario right now. Basically the Fed, they admitted
14:58
it last Friday at, oh, what's that place called?
15:01
Wyoming Jackson Hole you may be as old as I am.
15:05
Sometimes these things escape us Jackson Hole, Wyoming, where all
15:09
the world central bankers came together.
15:10
Oh, by the way, those same central bankers who now own more
15:14
gold than they do Treasury bills.
15:17
Historic, historic, right? Oh, and by the way, right, the
15:21
Russian central bank. And there's speculation that the
15:24
Saudi central bank might be buying silver on top of that.
15:28
But they came together and drone Powell throughout the biggest
15:31
pile of doop, doop, doop that you could ever ask for.
15:36
He threw up the flag. Him and Trump hate each other at
15:39
this point. If you saw that video when Trump
15:42
was at the Fed and it was the most awkward thing in the world,
15:46
we're in, we're done. We got stagflation.
15:49
We talked about it. We knew it a year ago, two years
15:52
ago. Excuse me, I'm losing my voice.
15:57
And at Jackson Hole, Wyoming, Jerome Powell admitted it.
16:02
Things are, we have inflation. We got inflation numbers this
16:06
morning. I could pull it up for you, but
16:07
who cares? Trust me.
16:09
I think inflation was 2.9%, the highest since February.
16:13
I forget which one. PPICPI.
16:16
It's all a bunch of BS anyway. But when they're admitting
16:19
officially that inflation's that high, you know what shadow stats
16:22
says? It's much higher.
16:23
We have inflation. What about a recession?
16:26
We got a recession. They're throwing in the towel.
16:29
The point here, the big dessert tray that I'm going to deliver
16:34
to you guys right now, is the fact that there really truly is
16:41
no more fertile soil to grow the price of silver and gold.
16:46
If you decide to use the dollar as the unit of measure to
16:50
calculate the value of your metals, there's no more fertile
16:53
soil then stagflation. You guys love the sheeple.
16:59
The sheeple don't know that. No, that.
17:01
You know what? Let's watch my £600 bride.
17:07
Hey honey, could you turn on MSNBC?
17:10
Right? Or any of those big news
17:11
channels? No, they don't know that.
17:13
You know that. You know what happened in the
17:16
70s and in the 70s? Guess what, Gomer?
17:19
Huh. Guess what happened in the 70's?
17:21
The price of silver went from like what, $1.50 to $50, $1.50
17:27
to 50. Gold went, I don't crazy, but
17:30
there's more. There's always a bonus, but
17:32
wait, wait, there's more. If you act now, you'll realize
17:36
that now compared to the 70s, we've got a fiscal situation in
17:40
this country. I know I haven't pulled up the
17:43
US debt clock, but trust me, you can do it on your own.
17:47
What you'll see is $37 trillion in debt.
17:51
We didn't have that in the 70s. Look, I watched a YouTube video
17:58
earlier. This guy's talking about silver,
18:00
$500 per oz. I'm not allowed to say that
18:05
anymore upstairs. Susie asked me to calm down on
18:07
that. But I think it's going to go
18:09
maybe even higher. OK, guys, this is this is it.
18:13
This is the good deal. OK, here, let's look at what's
18:15
going on. Let's look at some data, some
18:17
depressing data about the US economy, and there's a lot of
18:22
it. Here we go.
18:25
Hold on, I got to share the screen.
18:27
All right, there we go. The Kobe C letter.
18:29
This is a great one. Follow him on.
18:31
XX is where there's some really great news information.
18:35
Now, guys, Americans are becoming more pessimistic about
18:38
the job market. The gap between those same jobs
18:40
are plentiful and hard to get. Fell to 9.7% in August, the
18:47
lowest since 2017, excluding the pandemic.
18:51
OK, so there's the chart. Look, the job market is
18:54
collapsing. I'm hearing from very, very
18:57
reputable inside sources, especially if you're somebody
19:01
who is making 100 or 150 KA year that like some weird something,
19:06
some some switch got switch got flipped.
19:09
Yeah, switch got flipped. I don't know, 6-7 weeks ago, 5
19:13
weeks ago. And that these jobs are hard,
19:15
hard, hard to get. All right.
19:17
What else? What else?
19:20
And this is critical. There's a big, big dual message
19:25
in this one that you need to pay attention to that shows us the
19:28
economy is also slowing. I'm not joking when I say this,
19:32
right? I mean, look, I'm married to
19:34
Susie. I have twin daughters.
19:36
Ulta Beauty. Ulta, it's like this big chain
19:39
of makeup stores, basically. It smells funny inside there.
19:43
But they gave some scary news this morning.
19:45
There's two reasons why we're going to look at that.
19:48
And then we got one more thing to look at.
19:50
Ulta Beauty beats on earnings, but they're cautions consumer
19:55
uncertainty as back to school season begins.
19:57
We're only going to read the first sentence in this.
20:00
They delivered solid second quarter results and raised their
20:03
full year financial outlook while cautioning that a
20:07
potential consumer remember that word slow down could materialize
20:13
in the second-half and impact sales of beauty products.
20:17
The first thing we want to talk about is a consumer slow down.
20:21
OK, and then then we got a zinger on this one. the United
20:27
States economy is what, based like 6070%?
20:30
I forget the exact number on the consumer.
20:33
We consume. That's what the whole, you know,
20:35
we don't manufacture anymore. We consume.
20:38
OK, so they're saying the consumer is slowing down.
20:41
But wait, there's another massive reason why what he said
20:46
is very, very scary. Or she, it may have been a she.
20:49
I don't know he, she or whatever these days you can say.
20:52
Anyhow, the other big, big thing to remember is that CEO's are
20:59
paid to be the most optimistic they can be.
21:03
So think about that. Start up that old engine up
21:07
there in your head. Think about that.
21:09
If the CEO of Ulta Beauty is warning about a consumer slow
21:13
down, the only time they're going to do that is that they
21:16
absolutely have to, right? They're going to be, they're
21:21
paid to be optimistic. They're paid to paint a rosy
21:24
picture. They're paid to be rah, rah,
21:26
rah. If they're now coming out and
21:29
saying we got some concerns about the consumer in the
21:32
second-half of the year, think about it.
21:35
What do you think that means? OK, Think about what's going on
21:39
at amusement parks. I love roller coasters.
21:41
I love amusement parks. I just went to Holiday World
21:44
Splash and Safari a week ago today.
21:47
Rode The Voyage, the world's best roller coaster.
21:50
Amusement parks are desperate to get people in baseball here in
21:55
Saint Louis. The Saint Louis Cardinals
21:56
baseball team, right, has like record low attendance.
21:59
Now they kind of stink this year, but that doesn't matter.
22:02
In previous years, people would still pretty much fill up the
22:05
stands. Guys, we are in for some bad.
22:09
But the how does that relate to your gold and silver?
22:11
You might be asking? Well, let me explain to you how
22:14
it all goes back to the Jerome in the box.
22:17
We got a situation where we're facing a recession in this
22:20
country, country, while at the same time, remember what we
22:23
learned this morning, We have inflation, that stagflation that
22:27
is the most fertile soil for the price of gold and silver going
22:31
forward. Jerome Powell is in a position,
22:34
OK, that puts him in a position where the Fed needs to cut rates
22:39
to stimulate the economy, but they also need to raise rates at
22:44
the same time, OK, to control inflation.
22:48
Are you getting my picture? They're up a Creek without a
22:51
paddle, OK. And the only people that are
22:54
going to really benefit from that are there'll be some other
22:59
sectors, maybe crypto, maybe gold, maybe land.
23:02
But gold and silver investors are going to benefit from that.
23:06
OK, Hey, look, we are heading into I think what will be the
23:10
most glorious time ever for the price of gold and silver.
23:14
I don't have a crystal ball, you know, but I sat down here two
23:17
years ago when silver was $16.00 an ounce and said I thought it
23:20
was a good buy. I feel as confident today as I
23:24
did then from my own personal perspective, that silver has a
23:29
good, good, good future ahead of it.
23:32
Same with gold, no doubt about it.
23:34
And the Miners are early, OK, If you're into the mining stocks, I
23:39
think they're early. I'm hearing people say second
23:42
inning, third inning of a extra innings baseball game coming to
23:48
a television set near you. All right, let's review quickly.
23:52
We got a massive silver deficit. The LBMA inventory levels are
23:57
are precariously low. The COMEX and the LBMA are
24:01
trading on most days half or more in paper silver of what the
24:06
mining sector can produce in a whole year.
24:09
There's been a flip flop, weird suspicious behavior within the
24:13
relationship between the Eastern silver market, the Shanghai Gold
24:17
Exchange, and the Western COMEX and the LBMA.
24:21
Countries are holding more gold now.
24:24
Central banks are holding more gold than they are Treasuries.
24:27
That's a big deal. Oh, the biggest deal of all
24:30
silvers over 40 gold's over $3500 per oz.
24:34
We got silver on the critical minerals list from the
24:36
Department of Interior, the first time ever.
24:39
It's a draft list, Let's make that clear.
24:41
And the US economy is up a Creek without a paddle.
24:44
And one final thing that is crazy.
24:48
OK. And then we'll say goodbye, but
24:50
don't you leave until I say we say goodbye to each other.
24:53
This part. Let me see if I can get this up
24:54
for you. Yeah, this is crazy.
24:58
Be careful with the stock market breaking news out of the top 200
25:04
insider trades over the last week by value.
25:08
So these, these are the CEO's, these are the senior managers at
25:11
big publicly traded companies. Of the top 200 biggest trades
25:16
measured by value, none of them were buys.
25:20
They were all sells. Kevin Malone, Kevin Maloney,
25:24
Kevin Malone. Wow he's got 57,000 followers.
25:28
I've never seen anything like this in my life.
25:31
Guys, we are truly living in unprecedented times where
25:35
monetary and fiscal systems are changing like we've never
25:39
experienced before. But we're victims of recency
25:41
bias. I'm 55 years old.
25:43
My whole life this right because we were partially brainwashed.
25:48
Paper money was valuable. OK, but remember, there's been
25:52
thousands of the equivalents of these that have been created
25:55
throughout history. Money systems not based on
25:59
anything, based on confidence, which the first 3 letters are
26:02
con for con, but I'll leave that alone.
26:05
This is unbelievable times. Please subscribe to the channel,
26:09
give this video a thumbs up, leave a comment.
26:12
You can say whatever you want in the comment sections.
26:14
We want to learn from you. But most important, right?
26:17
Come back and visit us here in the basement.
26:19
We'll look forward to seeing you.
26:20
Have a great day. Thanks for being down here today
26:23
on what is proving to be a historic day in precious metals.
26:27
I'll see you soon. Thank you.