Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **Silver Price** Critical Info YOU Must hear - (Gold News Update too)

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**Silver Price** Critical Info YOU Must hear - (Gold News Update too) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

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  Unprecedented developments in the silver and gold markets and
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  I've got some critical information that I'm going to
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  share with you. One of the sharpest minds in the
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  precious metals market pointed out about four or five things in
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  specific about silver. He did talk about gold, but in
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  specific about silver. That's going to make us very
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  happy, very optimistic about what we can look forward to in
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  the coming months, quarters and years.
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  But I've also got a huge warning for you.
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  We'll, we'll get to that first. But most important, a big thank
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  you for joining me here today. Yes, you, you're important.
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  You're a big part of this. If I was down here by myself, it
• 0:39
  just be a cold and lonely basement.
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  So thank you for joining me from wherever you are.
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  Please subscribe to the channel that's free and it helps our
• 0:48
  numbers. We would greatly, greatly
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  appreciate it. Let's talk about the big warning
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  first. I want to warn you, OK, I think
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  that next week, and I'm hearing this from other people as well,
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  and there's a reason why this is the case, we could see some
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  pretty extreme volatility in the general markets.
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  A lot of it has to do with investor psychology.
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  The general markets had gone to some pretty sky high levels.
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  And now we've had this big pull back on Friday when Trump
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  announced the Chinese tariffs. You know all about that.
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  We're not going to waste time covering that.
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  But the investor psychology was such that they were ready to
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  take some profit. People were nervous.
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  So look, I don't have a crystal ball.
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  I'm not a financial advisor. But I do want to warn you that
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  this coming week, maybe two weeks, could be very volatile.
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  I think that Monday is going to be a potential big red day in
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  the general markets. I could absolutely be wrong.
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  And could that impact the silver and gold markets?
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  Yes, maybe. But things really are different
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  this time. And I've heard top people, and I
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  believe this myself, state the fact that just because the
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  general markets run into some turbulent periods, that doesn't
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  absolutely mean that the silver price and the gold price have to
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  go down. That of it all, here's the good
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  news through it all and what's going on right now in Washington
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  and what's going on in the general economy.
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  Without getting too deep into a big monetary or fiscal
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  discussion, the net of it all, the end result, the inevitable
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  consequence will be more liquidity, more money printing,
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  loss in value of the US. And since a lot of us use the US
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  dollar as the unit of measure for our precious metals, I am
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  very confident over a month, quarter, yearly, even decade
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  basis, we are going to see prices for precious metals that
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  we could only dream of. Now let's talk about this guy,
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  top analyst Dave Earthly, who put out a piece last night that
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  just gives us unbelievable info, kind of sums up why we can be so
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  happy about silver. I'm just talking about the
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  silver section of what he's talking about.
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  He talks about gold as well. And I'm certainly not putting a
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  words in his mouth, but he's definitely someone in the sector
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  that I have a great deal of respect for.
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  And I went through and highlighted this again, this is
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  from the Junior Minor Junkie. That's the name of his
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  newsletter. This was distributed by Kitco,
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  and the author is Dave Earfley. Right there.
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  OK, $4000 gold, $50 silver, targets reached.
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  Now what? And we're going to skip down to
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  the part about silver, guys. There's about 5 things in here.
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  Good examples, good reasons why we can continue to be very
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  optimistic about the price of silver.
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  He points out silver's CPI adjusted high is 4 times higher
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  at $200 per oz. That means when we adjust the
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  1980 high for the consumer price index in today's dollars, it
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  would be $200.00 an ounce. But the important thing here,
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  which we've not been talking about a lot lately, is the gold
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  to silver ratio. It's been moving down closer to
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  key support at 75. And again, that's the number of
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  Oz of silver that it takes that you can trade basically for one
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  ounce of gold. OK, right now.
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  Well, we'll get to this. The next major support in the
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  gold to silver ratio is 75 to one.
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  OK, below there, 30 to 1 is what the level reached at the peak of
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  the 2011 bull market. Hold on a second here.
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  Let me come back and look you in the eyes.
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  There's nothing stopping us from getting to a 30 to 1 gold to
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  silver ratio. Let's just take $4000.
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  I should be able to do this. In my head.
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  I think that makes about $130.00 silver.
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  But let's do the math. Let's divide 4000 / 30.
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  Yeah, we come to 133. I don't think you can see that
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  it's not showing up. Anyway, $133 silver.
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  If the gold price remained where it was right now, and if the
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  gold to silver ratio went to 30 where it was in 2011, we would
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  have $133 per oz silver. Let's get back to the article.
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  Did I? Did I not share that article
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  properly? I apologize guys.
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  Here we go. There's the article we should
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  have been looking at. I screwed that up.
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  Oh well, welcome to live streaming a junior minor junkie,
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  Dave Earfley. And we only went through the
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  first little highlighted part here.
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  OK, it went to 15 to 1 is what it reached at the peak of the
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  1979 nineteen 80 bull run. Now I'm paranoid.
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  I want to make sure. Yep, you're on the right screen.
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  So at 15 to one, we would have a what that, if my math is
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  correct, $266 per oz silver after peaking.
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  It got as high as 107 of April of this year.
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  OK. At one point this year, it took
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  107 ounces of silver to get one ounce of gold.
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  That ratio has been trending lower as silver catches up with
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  gold moving down to about 80 this week.
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  So from that point alone, right, we can't.
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  Those numbers are real. Those things go in cycles.
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  There's nothing stopping us from getting to a 30 to 1A gold to
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  silver ratio and from there it's possible that we could get back
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  to 15 to 1, which like I said would be reflected with 130 and
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  $266 per oz silver in purple. Although gold is due for a
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  technical consolidation of recent outsize gains, the setup
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  in silver remains explosive. The Q32025 quarterly close at
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  the end of September above $46 in silver is a powerful
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  technical breakout from a 45 year cup and handle pattern
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  signaling a significant shift in this tiny market.
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  So we've got the gold to silver ratio on a quarterly basis.
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  Our September 30th close, just what 11 days ago was a technical
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  breakout of the most powerful and reliable technical and
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  technical analysis chart pattern in the history of the world.
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  And the longer period of time that that cup and handle pattern
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  forms, which in this case is 45 years, that makes it even more
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  powerful and more reliable. But wait, there's more in red.
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  But the speed in which silver blasted through the major
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  resistance resistance line this week suggest a broader wave of
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  forces is now colliding to send this tiny market soaring much
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  higher. Talking about getting over 50.
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  So there's other things going on.
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  A historic inversion has emerged in the silver market, signaling
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  a severe physical shortage and potential short squeeze.
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  During COMEX trading on Thursday, spot silver rose to as
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  high as 5120 per oz, while the futures closed at 4830, nearly a
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  $3 difference. Where where things were
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  backward, where the spot price of silver is significantly
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  higher than the futures price. We're going to talk more about
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  that later. This backwardization, where spot
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  trades above futures, is rare and powerful.
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  It reveals an immediate demand for physical silver that vastly
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  exceeds available supply as futures traders struggle to
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  deliver physical metal against paper contracts.
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  Historically, similar conditions have preceded parabolic price
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  expansions, with liquidity and trust in paper markets having
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  recently begun to deteriorate. The breakout in silver above the
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  45 year resistance at $50 could push a runaway rally to 55 or
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  $60.00 in short term. Let's see if I can remember all
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  this. We've got the gold to silver
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  ratio working in our favor. What was the second thing?
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  We've got the cup and handle pattern working in our favor.
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  And we have serious, serious issues in the paper market,
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  between the paper market and the physical market in London that
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  are really truly at this point almost unprecedented.
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  Guys, this is a big deal. It's no wonder.
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  Let's take a little trip out quickly and take a look at this,
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  which I think I erroneously had on the screen for you at the
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  beginning that we have Bloomberg now calling it a silver squeeze.
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  Historic silver squeeze deepens as prices soar in London market.
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  We're going to talk more about this tomorrow.
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  But the key here, guys, this is coming from Bloomberg.
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  Bloomberg is the the mainstream. I'm forgetting to share
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  everything. There it is.
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  Welcome to live streaming. That's the article I was just
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  talking about. Bloomberg is the mainstream of
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  mainstream when it comes to financial news.
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  So Bloomberg's even talking about it.
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  Let's get back and look at what what a few more points that Dave
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  made because in my opinion, that is very important for us to look
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  at and let's get that back up. All right, here we go.
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  Now he brings up another point. It just keeps coming.
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  With over 70% of silver production coming as a byproduct
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  of other metals like copper and zinc, even a price spike will
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  not unlock new supply, right? 7 out of 10 ounces of silver
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  that are produced physically every year right now is worth
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  speaking. 7 out of 10 are actually a byproduct, right, of
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  copper mining zinc and and whatnot.
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  And we know that there are very, very few major silver mines that
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  are in the development stage. So what he's pointing out is
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  another another fact that points towards the, the, the
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  fundamental reason why silver is looking so, so, so attractive
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  and purple. Therefore, silver remains in a
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  powerful hold on one second here.
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  Silver remains in a powerful long term setup supported by the
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  current backwardization, a technical breakout and rising
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  structural demand. We're not even going to go into
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  the the fact, but it's very simple.
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  Demand for silver from an industrial perspective for all
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  of those things that it's needed for now and technology and
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  everything else is also going up and up.
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  Meanwhile, here we go. Mainstream media is only just
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  begun to report the outstanding returns of precious metals
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  equities with recent headline from Bloomberg stating gold
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  stocks Trout's AI LED ship rally with 130, a 135% gain.
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  Another article from Bloomberg about precious metals.
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  According to an article this week from Reuters LSEG Lipper
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  data shows gold mining funds surged about 114% here today.
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  So precious metals from Reuters and Bloomberg, right?
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  The two biggest mainstream financial news networks are
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  pointing out that precious metals are moving.
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  OK, here's the here's the best part in red will the herd, or as
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  we like to call them, the people who don't own precious metals.
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  The sheeple will the sheeple with the sheeple only just
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  beginning to pay attention to a major bull market in precious
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  metals equities. It is no surprise the long term
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  extreme overbought sector is experiencing some healthy profit
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  taking after both gold and silver reached significant
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  milestones this week. So the market, the the, the
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  stocks for the miners they're doing OK.
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  I, I, I own quite a few kind of held their ground, but a little
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  bit of a consolidation. Now let's go to the big
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  financial services. I mean, he's laid out this, but
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  think about the gold and silver markets in regards to this,
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  because after being completely ignored by mainstream media,
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  which we just saw, that is changing.
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  There's a reason why when we have major financial
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  institutions pointing to the great attributes of gold and
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  silver, we want to pay attention.
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  Mike Wilson, the CIO of Morgan Stanley, recently encouraged
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  A602020 allocation, 60% stocks, 20% bonds, and 20% precious
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  metals. This is a big deal.
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  Morgan Stanley is a major financial and investment bank on
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  Wall Street and the fact that this shook the financial
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  services world when they came out with this recommendation of
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  20% in precious metals. And don't forget, if even just
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  the smallest amount of the of the investment community moves
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  the sheeple move into precious metals, it's going to be a
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  massive amount relative to the amount of money that's in that
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  sector, our sector right now. It's going to be like a tidal
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  wave, feel like a tidal wave of new money.
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  And even bond king Jeff Gunlock is advocating A25252525
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  portfolio, 25% stocks, 25% bonds, 25% precious metals and
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  25% cash. That's the bond king Jeffrey
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  Gunlock with major in purple with major financial
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  institutions telling clients to buy gold for the the first time
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  in decades. And given how small the precious
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  metals equity market is, the bull market in gold stocks could
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  last much longer and go much higher than most investors
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  think. And when people catch on to the
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  bull market in the precious metal mining stocks, it's also
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  going to benefit the entire precious metals physical silver,
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  physical gold ecosystem as well. Even after more than doubling
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  over the past nine months, the combined market cap, This is
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  crazy of every gold mining stock.
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  The combined market cap of every gold mining stock traded in the
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  United States is around 600 billion.
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  NVIDIA has had a market cap, has had market cap corrections this
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  size in a single day. OK.
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  So the entire market cap of the of the of the gold mining
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  sector, right, $600 billion. And what Dave points out is that
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  NVIDIA, right, the big tech AI stock has had moves in their
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  stock, OK, in one day, just just price moves in one day.
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  And NVIDIA as big as the entire gold mining sector, man, it is
• 15:52
  absolutely crazy. Let's go take a look.
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  And we got, we got a couple more great things to talk about.
• 15:57
  I do want to say thank you to our sponsors First Mint.
• 16:00
  They're a silver mint in Las Vegas, NV, owned by First
• 16:03
  Majestic Silver. Keith Newmyer's the CEO of that
• 16:07
  company. They mine the silver in Mexico,
• 16:09
  ship it to Las Vegas where it's minted into world class silver
• 16:13
  bullion products and then they go straight to you.
• 16:15
  Here's one right here upstairs, Susie's favorite, the five ounce
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  bar. I absolutely love this thing.
• 16:21
  It's like the perfect size, the perfect thickness.
• 16:25
  If you want to check out what they have to offer, and they do
• 16:27
  have a lot to offer, great prices, great selection.
• 16:31
  Go to firstmint.com. And don't forget, very important
• 16:36
  there's a discount code since you're a basement dweller.
• 16:40
  VIPRB thank very important person Ron's basement.
• 16:46
  VIPRB also want to say thank you to 1st Mining Gold.
• 16:50
  We talked about the gold mining stocks earlier.
• 16:52
  They're a development stage gold mining company in Canada.
• 16:56
  So they're they have the gold in the ground, two massive multi
• 16:59
  million ounce gold projects, spring pulling Ontario du
• 17:03
  parquet in Quebec and they're moving them through the
• 17:06
  development stage. They're not mining yet, but the
• 17:08
  gold is there. It's been drilled hundreds of
• 17:11
  millions of dollars spent on drilling, determining that these
• 17:14
  millions of Oz of gold are there in the ground.
• 17:17
  It's a stock I own long before they sponsored my channel.
• 17:20
  I'm not a financial advisor. Always do your own research.
• 17:23
  There's risk with any investment, but it's a company
• 17:26
  that I really love. You can learn more about them at
• 17:29
  firstmininggold.com. Let's take a look at what's
• 17:33
  what's going on, though a little deeper between this
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  backwardization between the between the spot market and the
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  futures market. Eric Young, King Kong 9888, one
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  of the most followed and most respected precious metals voices
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  on the X platform said this. We have no idea how many
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  entities are standing for physical silver delivery in
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  London at the LBMA and for what massive volume, OK, this is
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  talking about the potential for a short squeeze, a silver
• 18:10
  shortage. And no one knows if the COMEX,
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  OK, the futures market in the United States, physical silver
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  fire brigade. And what they're saying is now
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  they're going to be shipping physical silver from the United
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  States back to London to satisfy this unbelievable demand that
• 18:31
  London is having in the spot market for silver.
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  But nobody knows if it's enough to diffuse the, quote UN quote,
• 18:39
  0 free float crisis at the LBMA. So guys, we're going to keep a
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  close eye on this. We are we're experiencing a
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  period of time in the silver and gold markets right now like
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  we've never experienced before. This truly is historic.
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  Excuse me having a little trouble with my voice instrument
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  this morning. By the way, thank you for being
• 19:01
  here. Don't forget to subscribe.
• 19:02
  I won't ask you again, but here's here's what I want to
• 19:05
  here's, here's, here's a key thing that we need need to
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  remember about what's going on right now and why it's
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  different. And I'll tell you the reasons
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  why this big move up in silver is different.
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  And we've got some examples, right?
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  Think back to the 1980s when silver spiked.
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  And #1 what we're going through right now is not a spike.
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  We've gone through a fairly gradual upward movement in the
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  silver price. So the example of the 1980s, we
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  are different this time because in 1980, when we had that spike
• 19:39
  in silver, that was because of speculation by the Hunt
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  brothers. Remember, they were cornering
• 19:46
  the market. So it was a spike that's
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  different #1 and #2 it was big speculation by basically one
• 19:54
  entity that drove the price. This time is different in that
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  regard. But wait, there's more.
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  What about 2011? That was also a spike and that
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  was really brought. On as a, as a result of what
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  happened during the great financial crisis and all the QE
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  and all the money printing that occurred.
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  So again, it was a spike. And we think about this, think
• 20:16
  about this guys, this is key. And we talked about this at the
• 20:19
  beginning. We have not even, you might say,
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  oh, it's kind of similar now because of money printing.
• 20:29
  No, we haven't even started to see the money printer turned on
• 20:33
  yet. We talked about this at the
• 20:34
  beginning of this live stream video.
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  We're going to have some big volatility, OK, buckle up.
• 20:39
  Butter cups and the net of it, and we said that at the
• 20:43
  beginning is going to be money printing.
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  We haven't even had a new round of QE yet, right?
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  Like we did. So 2011 was also very different.
• 20:53
  And what about 2021? That was the C-19 crisis again,
• 20:58
  because of massive money printing, which again, we
• 21:01
  haven't really yet seen this next round of massive money
• 21:05
  printing. Look, the Fed in this guy, you
• 21:08
  guys know him, he lives in this box.
• 21:10
  I love him, right? I think he's cute, all that good
• 21:13
  stuff, but he hasn't even begun to turn the printers on yet.
• 21:18
  The reality is they kicked the can down the road.
• 21:20
  And we said this, those of you who've been in the basement for
• 21:23
  for years, we said it all along. First it was a can they kicked,
• 21:28
  then it turned into a like a, a big, like a, someone from a soda
• 21:31
  can to a coffee can to a 5 gallon bucket to now it's like a
• 21:36
  big giant 55 gallon steel drum like they use at your local park
• 21:40
  as trash cans, right? They're going to have to kick
• 21:43
  the can again because of the national debt, all that
• 21:46
  craziness. So comparing this current run up
• 21:50
  to $50.00 that we've had in silver to these previous ones, I
• 21:54
  think it's big time erroneous, right?
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  Because 1980 was speculation and the spike 2011 was money
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  printing after the GFC and a spike 2021 was the result of
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  money printing. And I believe we haven't even
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  started the money printing yet. I think, you know, look, look,
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  we talked about Keith Newmeyer coined it triple digit silver.
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  We talked about about $200 silver.
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  We got to get into our thick skulls that those numbers aren't
• 22:27
  that crazy. It wouldn't shock me if one year
• 22:30
  from now we're down here in the basement together.
• 22:33
  And I hope we, I hope you've subscribed so you can come back.
• 22:37
  You never know at some point I only may let subscribers down
• 22:40
  here, but nonetheless that a year from now we could be
• 22:43
  sitting here talking about 85101 hundred and twenty $130.00
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  silver. That is not out of the realm of
• 22:50
  possibilities. Look, what did we talk about
• 22:53
  earlier that that Dave Earthly from Junior Minor Junkies told
• 22:57
  us, right, that the CPI adjusted current silver price in today's
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  dollars from 1980 would be closer to $200 and that's
• 23:07
  probably based on official government statistics.
• 23:11
  OK, Don't underestimate where we could go now.
• 23:14
  Look, but I could be wrong, OK? You need to listen to me.
• 23:18
  Listen to other people, make up your own mind, do your own
• 23:21
  research. I think I already told you I'm
• 23:23
  not a licensed financial advisor, don't buy or sell
• 23:26
  anything, blah, blah, blah. But I've been pretty darn right
• 23:30
  about the precious metals. And if I think about kind of
• 23:32
  where we're positioned right now from all those factors that we
• 23:36
  talked about, I believe we still have plenty of wind in our sails
• 23:41
  to drive the silver price. Oh, and there's one more thing
• 23:44
  that we didn't mention that's different this time, OK?
• 23:47
  And it is different people say, oh, everybody always says it's
• 23:50
  different this time. Well, it is different this time
• 23:53
  because all those other times when silver shot up India and
• 23:56
  China, who are now beginning right to take full control of
• 24:00
  the of the pricing mechanism for the precious metals, they were
• 24:04
  nothing back then. I mean, they existed, they were
• 24:07
  countries. But in 1980, what was the size
• 24:10
  of China's economy? What was the size of India's
• 24:12
  economy? It was a fragment of what it is
• 24:14
  now. Much respect to what those two
• 24:17
  countries have done to develop and grow their economies because
• 24:20
  now they're kind of like superpowers.
• 24:23
  Buckle up, butter cups. We are in for a wild, wild ride.
• 24:27
  I really appreciate you joining me down here in the basement.
• 24:30
  It's going to be a great, great, I believe months, quarters and
• 24:34
  years ahead. Again, be responsible with any
• 24:39
  investment decisions you make, stocks, bonds, mutual funds,
• 24:42
  cryptocurrency, real estate, I don't care what it is.
• 24:44
  And remember, I'm not a financial advisor, but I am your
• 24:47
  friend and I'm going to look forward to seeing you, yes, you
• 24:52
  next time down here in the basement.
• 24:55
  Thank you so much.